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#1
posted to rec.boats
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A TRUE economic stimulus
Do the calculation yourself and you will find that the drop of gas
from $4.00 to now $1.85/gal will save the USA about $500 billion over a year. This is real money, not some government sleight of hand accounting or taking money from our great grandchildren. The real way to stimulate the economy is obvious, DRILL NOW. Of course, the Dems have no real interest in helping average Joe American, they just want to concentrate power in their hands. The appointment of Clueless Caroline is obvious evidence that their interests lie with the moneyed elite class and they will ignore the good of the rest of us. They will not approve new offshore drilling. |
#2
posted to rec.boats
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A TRUE economic stimulus
"Frogwatch" wrote in message
... Do the calculation yourself and you will find that the drop of gas from $4.00 to now $1.85/gal will save the USA about $500 billion over a year. This is real money, not some government sleight of hand accounting or taking money from our great grandchildren. The real way to stimulate the economy is obvious, DRILL NOW. Of course, the Dems have no real interest in helping average Joe American, they just want to concentrate power in their hands. The appointment of Clueless Caroline is obvious evidence that their interests lie with the moneyed elite class and they will ignore the good of the rest of us. They will not approve new offshore drilling. When would the production from new drilling have a significant impact on the price? I honestly don't know the answer, but I'm sure you have the number handy. And, prove that speculators wouldn't jack up the price of that new oil so it was just as expensive as oil was a year ago. |
#3
posted to rec.boats
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A TRUE economic stimulus
JoeSpareBedroom wrote:
"Frogwatch" wrote in message ... Do the calculation yourself and you will find that the drop of gas from $4.00 to now $1.85/gal will save the USA about $500 billion over a year. This is real money, not some government sleight of hand accounting or taking money from our great grandchildren. The real way to stimulate the economy is obvious, DRILL NOW. Of course, the Dems have no real interest in helping average Joe American, they just want to concentrate power in their hands. The appointment of Clueless Caroline is obvious evidence that their interests lie with the moneyed elite class and they will ignore the good of the rest of us. They will not approve new offshore drilling. When would the production from new drilling have a significant impact on the price? I honestly don't know the answer, but I'm sure you have the number handy. And, prove that speculators wouldn't jack up the price of that new oil so it was just as expensive as oil was a year ago. You want to continue sending your money to the middle east? |
#4
posted to rec.boats
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A TRUE economic stimulus
On Tue, 20 Jan 2009 17:57:33 -0500, "JoeSpareBedroom"
wrote: "Frogwatch" wrote in message ... Do the calculation yourself and you will find that the drop of gas from $4.00 to now $1.85/gal will save the USA about $500 billion over a year. This is real money, not some government sleight of hand accounting or taking money from our great grandchildren. The real way to stimulate the economy is obvious, DRILL NOW. Of course, the Dems have no real interest in helping average Joe American, they just want to concentrate power in their hands. The appointment of Clueless Caroline is obvious evidence that their interests lie with the moneyed elite class and they will ignore the good of the rest of us. They will not approve new offshore drilling. When would the production from new drilling have a significant impact on the price? I honestly don't know the answer, but I'm sure you have the number handy. And, prove that speculators wouldn't jack up the price of that new oil so it was just as expensive as oil was a year ago. Anyone with a brain knows that no matter when or where the crude would be harvested, it'd make a several penny difference on pricing. Prices are set by market makers and since any additional capacity generated by the US would be an infintessimal percentage compared to world supply/production, it'd make no difference. It's a red herring for dolts. What would affect gas prices is more refineries. The oil companies don't want to build refineries (even tho' they've been ok'd) because it'd take their ability to jack up prices on claim supply/demand spikes. That's where they make $. The other thing would be to restrict speculators (folks who don't actually take delivery or own supply depots) to bid on the commodities market. That's what caused $4 gas, not supply/demand. Get an education please. |
#5
posted to rec.boats
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A TRUE economic stimulus
On Tue, 20 Jan 2009 15:11:46 -0800, jps wrote:
On Tue, 20 Jan 2009 17:57:33 -0500, "JoeSpareBedroom" wrote: "Frogwatch" wrote in message ... Do the calculation yourself and you will find that the drop of gas from $4.00 to now $1.85/gal will save the USA about $500 billion over a year. This is real money, not some government sleight of hand accounting or taking money from our great grandchildren. The real way to stimulate the economy is obvious, DRILL NOW. Of course, the Dems have no real interest in helping average Joe American, they just want to concentrate power in their hands. The appointment of Clueless Caroline is obvious evidence that their interests lie with the moneyed elite class and they will ignore the good of the rest of us. They will not approve new offshore drilling. When would the production from new drilling have a significant impact on the price? I honestly don't know the answer, but I'm sure you have the number handy. And, prove that speculators wouldn't jack up the price of that new oil so it was just as expensive as oil was a year ago. Anyone with a brain knows that no matter when or where the crude would be harvested, it'd make a several penny difference on pricing. Prices are set by market makers and since any additional capacity generated by the US would be an infintessimal percentage compared to world supply/production, it'd make no difference. It's a red herring for dolts. What would affect gas prices is more refineries. The oil companies don't want to build refineries (even tho' they've been ok'd) because it'd take their ability to jack up prices on claim supply/demand spikes. That's where they make $. The other thing would be to restrict speculators (folks who don't actually take delivery or own supply depots) to bid on the commodities market. That's what caused $4 gas, not supply/demand. Get an education please. Comments are directed towards Frogfart, not Doug. |
#6
posted to rec.boats
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A TRUE economic stimulus
"Eisboch" wrote in message
... "jps" wrote in message ... That's what caused $4 gas, not supply/demand. Get an education please. Please explain the drop from $140/barrel to $34/barrel when the demand tanked. Eisboch There is no single reason, and you are fully aware of that fact. Explain why the price took so long to tank after demand dropped. http://www.cbsnews.com/stories/2009/...n4707770.shtml |
#7
posted to rec.boats
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A TRUE economic stimulus
"JoeSpareBedroom" wrote in message ... "Eisboch" wrote in message ... "jps" wrote in message ... That's what caused $4 gas, not supply/demand. Get an education please. Please explain the drop from $140/barrel to $34/barrel when the demand tanked. Eisboch There is no single reason, and you are fully aware of that fact. Explain why the price took so long to tank after demand dropped. http://www.cbsnews.com/stories/2009/...n4707770.shtml The JimH theory? Eisboch |
#8
posted to rec.boats
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A TRUE economic stimulus
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#9
posted to rec.boats
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A TRUE economic stimulus
On Tue, 20 Jan 2009 18:24:32 -0500, "Eisboch"
wrote: "jps" wrote in message .. . That's what caused $4 gas, not supply/demand. Get an education please. Please explain the drop from $140/barrel to $34/barrel when the demand tanked. Eisboch Concurrent with congress announcing that they were going to investigate why oil prices were rising while demand was dropping and supply was increasing. That's not a commodity market. They were trading contracts as investment instruments. There were many investment banks and large funds investing in oil futures that had no interest whatsoever in purchasing oil. Do a little research and you'll find plenty of info... |
#10
posted to rec.boats
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A TRUE economic stimulus
"jps" wrote in message
... On Tue, 20 Jan 2009 18:24:32 -0500, "Eisboch" wrote: "jps" wrote in message . .. That's what caused $4 gas, not supply/demand. Get an education please. Please explain the drop from $140/barrel to $34/barrel when the demand tanked. Eisboch Concurrent with congress announcing that they were going to investigate why oil prices were rising while demand was dropping and supply was increasing. That's not a commodity market. They were trading contracts as investment instruments. There were many investment banks and large funds investing in oil futures that had no interest whatsoever in purchasing oil. Do a little research and you'll find plenty of info... If I recall correctly, Eisboch doesn't agree with that theory, even though many experts in the oil business do. |
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