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#21
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DSK wrote in message ...
Calif Bill wrote: You miss the point totally! Not at all. Here's the problem... you are not reading what I posted. You replying with a canned preprogrammed message. This does not make you sound intelligent. ... If they taxed the fuel an extra 3 bucks a gallon, the economy would be in the dumper and the government would be foolishly spending even more money. 1- the economy *is* in the dumper. What? I am trying figure out when the ecnomic Chicken Littles are going to prove that. Inflation is in check. Oh yeah... unemployment. Unemployement hasn't been this bad since... well since... since... Clinton was in office. The last time I looked at unemployment figures they were at something 5.8%. In 1996 they were at 5.6% and Clinton said it was a enough reason to re-elect him. Please don't try to tell me how today's 5.8% is different for yesterdays. We measure unemployment the same way now as we did then. This is a realistic economy. Unlike the overvalued boom we had in the 90s. There was no way to sustain that economy. 2- the gov't *is* foolishly spending even more money Gotta give you that one. And a lot of republicans are not too thrilled with GWB's stewardship of the nation's checkbook. But I am not prepared to give it to John Kerry. Kerry will spend even more and then try to tax the hell out of us. Even then - he will not be able to keep up. My point, which you clearly did not bother to read, is that if the price of gasoline had climbed steadily with inflation, we would not be in any of the several messes we are in now. And rec.boats would be left to the handful of people that could afford it. Yes - oil has been cheap in the US. But even then - the only reason it's significantly more expensive elsewhere is primarily because of taxes. I always laugh at those that opine gas prices in the US are artificially low (usually some part of the left wing). But gas in the US really never costs much less than it does in Europe, even though they historically have paid twice as much at the pump. |
#22
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Curtis CCR wrote:
This is a realistic economy. Unlike the overvalued boom we had in the 90s. There was no way to sustain that economy. What we have now is a small term depression. A steady decline in aggregate demand nationally, and this is also reflected world wide. Unemloyment isn't that bad, but the gov't is often saying two different things (I tend to believe the nonpartisan GAO, which will not remain nonpartisan if Bush gets reelected). If you count working at McDonalds as full time manufacturing employment, then sure the economy is great. The main reason why the economy isn't irretrievably in the dumber is because Uncle Sam has been spending bazillions on the military for the past two years... taking that into account, a "mediocre" national economy sucks! 2- the gov't *is* foolishly spending even more money Gotta give you that one. And a lot of republicans are not too thrilled with GWB's stewardship of the nation's checkbook. I think a number are less than thrilled with his armtwisting, too. My point, which you clearly did not bother to read, is that if the price of gasoline had climbed steadily with inflation, we would not be in any of the several messes we are in now. And rec.boats would be left to the handful of people that could afford it. Excuse me? Did you understand the point above? If you could afford boating in 1970, and the price of gas kept up with inflation, you could afford it now... ... I always laugh at those that opine gas prices in the US are artificially low (usually some part of the left wing). LOL anybody who disagrees is a wild-eyed left-winger, eh? Take a look at refinery operating capacity, and the rate at which new capacity is being built, and figure whether we are slipping. Prices are not sustainable at this level, which is why they are going up. Duh. DSK |
#23
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#24
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![]() "basskisser" wrote in message om... "Calif Bill" wrote in message ink.net... "basskisser" wrote in message om... "Calif Bill" wrote in message news:CXVqc.3073 Yes, make that gas $10 a gallon. almost no one could afford to drive. See where the economy would be then. As to price, adjusted for inflation, is cheaper than about 1970. And I was driving in 1970, and it wasn't easy to make sure I had enough gas to make it to school and back. It sucked then, and it sucks now, so what is the point? For your edification. Relative to the economy, gas is cheaper than 1970. You just want those $100k/year jobs and $0.23 a gallon gas. I remember when I made $5k a year (about 1964) and the CEO of the company (Fortune 500) was knocking down about $89k/year. Thought that if I ever made 20k I would be in fat city. When I exceeded the CEO's yearly, I still was not in fat city, as the rest of the costs had escalated also. My first $25k house is now $400k, My house that costs about $50k after additions is a $900k house. Figure a 16x multiplier and that $0.23 gallon gas should be $3.68 gallon. A large part of the energy problem is government regulations. We are require to add MTBE to gas in California (and other states) by the Fed's. Reduces air pollution by a stated 6%, but since we get 10% less mileage with MTBE, the overall saving is less, as well as we have poisoned the waters all over the nation with a really toxic substance. The Fed's to help out ADM (very good friend of the Clinton Administration) are requiring alcohol to be added to gas. Less mileage, and costs more per gallon to produce than the gas. Now they have reformulated diesel #2 for OTR (over the road) and the price is up, and the energy per gallon is down. (less mileage). Chevron and the other oil companies have stated they can make just as clean burning fuel without adding MTBE or alcohol. But government requirements are preventing this. Sorry, your senile babbling does nothing to answer the question. You just don't understand. |
#25
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"Calif Bill" wrote in message link.net...
"basskisser" wrote in message om... "Calif Bill" wrote in message ink.net... "basskisser" wrote in message om... "Calif Bill" wrote in message news:CXVqc.3073 Yes, make that gas $10 a gallon. almost no one could afford to drive. See where the economy would be then. As to price, adjusted for inflation, is cheaper than about 1970. And I was driving in 1970, and it wasn't easy to make sure I had enough gas to make it to school and back. It sucked then, and it sucks now, so what is the point? For your edification. Relative to the economy, gas is cheaper than 1970. You just want those $100k/year jobs and $0.23 a gallon gas. I remember when I made $5k a year (about 1964) and the CEO of the company (Fortune 500) was knocking down about $89k/year. Thought that if I ever made 20k I would be in fat city. When I exceeded the CEO's yearly, I still was not in fat city, as the rest of the costs had escalated also. My first $25k house is now $400k, My house that costs about $50k after additions is a $900k house. Figure a 16x multiplier and that $0.23 gallon gas should be $3.68 gallon. A large part of the energy problem is government regulations. We are require to add MTBE to gas in California (and other states) by the Fed's. Reduces air pollution by a stated 6%, but since we get 10% less mileage with MTBE, the overall saving is less, as well as we have poisoned the waters all over the nation with a really toxic substance. The Fed's to help out ADM (very good friend of the Clinton Administration) are requiring alcohol to be added to gas. Less mileage, and costs more per gallon to produce than the gas. Now they have reformulated diesel #2 for OTR (over the road) and the price is up, and the energy per gallon is down. (less mileage). Chevron and the other oil companies have stated they can make just as clean burning fuel without adding MTBE or alcohol. But government requirements are preventing this. Sorry, your senile babbling does nothing to answer the question. You just don't understand. Oh, I understand too well. You apparently do not. Just a hint for you. There are many, many gasoline formulas, required by different STATES. You can go from there, and find enough errors in your above babbling to fill a book. |
#26
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DSK wrote in message ...
Curtis CCR wrote: This is a realistic economy. Unlike the overvalued boom we had in the 90s. There was no way to sustain that economy. What we have now is a small term depression. A steady decline in aggregate demand nationally, and this is also reflected world wide. Unemloyment isn't that bad, but the gov't is often saying two different things (I tend to believe the nonpartisan GAO, which will not remain nonpartisan if Bush gets reelected). If you count working at McDonalds as full time manufacturing employment, then sure the economy is great. The main reason why the economy isn't irretrievably in the dumber is because Uncle Sam has been spending bazillions on the military for the past two years... taking that into account, a "mediocre" national economy sucks! A DEPRESSION? You have got to be kidding. What the hell kept you from jumping off a building when Carter was running the country? 2- the gov't *is* foolishly spending even more money Gotta give you that one. And a lot of republicans are not too thrilled with GWB's stewardship of the nation's checkbook. I think a number are less than thrilled with his armtwisting, too. My point, which you clearly did not bother to read, is that if the price of gasoline had climbed steadily with inflation, we would not be in any of the several messes we are in now. And rec.boats would be left to the handful of people that could afford it. Excuse me? Did you understand the point above? If you could afford boating in 1970, and the price of gas kept up with inflation, you could afford it now... Could your point be more muddy? You said your point was that if gas prices had climbed steadily with inflation, "we would not be in any of the several messes we are in now." Is boating in one of the messes you were referring to? And you could only afford to continue boating with climbing gas prices if your income kept up to. Average household income as outpaced inflation, but that's primarily because significantly more households have two full time money earners than they did in 1970. Also considered that if EVERYTHING kept pace with inflation, inflation itself you have been much higher. Gasoline has kept pace with the cost of production over 30 years. Just like computers... if electronics had kept pace with inflation my latest TV would have cost about $5,000, and the Mac I bought a couple of months ago would cost over $10,000. There are kinds of things that haven't kept pace with inflation. If they had, we'd be in a whole new mess... ... I always laugh at those that opine gas prices in the US are artificially low (usually some part of the left wing). LOL anybody who disagrees is a wild-eyed left-winger, eh? I admit that it was gratuitous accusation. But are you saying it isn't true? gas prices have not been artifically low in the US. Refiners have historically made money - so the prices we have been charged have covered more than the cost of production. It seems to me to be Europeans that often think gas is too cheap here. It's not artificially cheap here - it's artificially expensive there. Take a look at refinery operating capacity, and the rate at which new capacity is being built, and figure whether we are slipping. Prices are not sustainable at this level, which is why they are going up. Duh. You're right on that - supply and demand. It's not the only reason for higher prices, but it's a significant factor. We have about half the number of refineries running in the US today than we did 25 years ago. But the half that are left are pumping damned near the same amount of product. They are running at over 90% capacity. That should tell you that the most inefficient refineries are gone. Efficiencies allow producers to produce more and keep costs down. Nobdy should be blaming George Bush for a lack of refining capacity. Who would want to build a new refinery? And if someone wanted to, who would let them? World oil demand is climbing - it's not just the US. China is getting very oil thirsty. Numerous reports point to China as a significant contributor to demands for oil - I am not blaming China for wanting oil, but they are now competing more for the resource and it effects the price. And China is not filling a reserve --- but they might. They announced last week that they are building strategic reserve facilities. If they start to fill it - watch prices then. But our economy in the dumper? Not even. |
#27
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LOL anybody who disagrees is a wild-eyed left-winger, eh?
Curtis CCR wrote: I admit that it was gratuitous accusation. In other words, you acted like an asshole. ... But are you saying it isn't true? In my case, it definitely is not. Curtis CCR wrote: Could your point be more muddy? It only looks muddy because your head is in the sand. And you could only afford to continue boating with climbing gas prices if your income kept up to. What a brilliant observation. Obviously, if one's income does not keep pace with inflation, then one must give up something. I can see that you are one of the keenest economic thinkers of our time. .. gas prices have not been artifically low in the US. Refiners have historically made money - so the prices we have been charged have covered more than the cost of production. Depends on what time frame and scale you look at. In school I did a very involved project on petro fuel economics and can tell you (or anybody who is seriously interested) why that is not strictly true. It seems to me to be Europeans that often think gas is too cheap here. It's not artificially cheap here - it's artificially expensive there. With respect to a higher rate of tax on fuel, there is some truth to that. OTOH in Europe they recover a lot of expenses associated with autos through direct tax of fuel, instead of indirectly as we do here. World oil demand is climbing - it's not just the US. True but the US is by far the world's most gluttonous consumer. ... China is getting very oil thirsty. Yeah, China's per-capita energy & gasoline use is what, a fiftieth of ours or less? But our economy in the dumper? Not even. Yeah, that must explain why the Republican spinmeisters are lying their asses off and pointing to falsified unemployment numbers. Where are new housing starts? Where are durable good orders? Here's the most basic proof the economy is stagnating... interest rates are staying very low and barely twitching upward. This means that demand for capital is low... in other words, in the dumper. And yet, this is after a bazillion dollar war build-up. Even with a huge jump in gov't spending, the economy as a whole is not ramping up. When it does, you *will* see interest rates go up. It's just that simple. Meanwhile, keep your head stuck in the sand. DSK |
#28
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![]() "basskisser" wrote in message om... "Calif Bill" wrote in message link.net... "basskisser" wrote in message om... "Calif Bill" wrote in message ink.net... "basskisser" wrote in message om... "Calif Bill" wrote in message news:CXVqc.3073 Yes, make that gas $10 a gallon. almost no one could afford to drive. See where the economy would be then. As to price, adjusted for inflation, is cheaper than about 1970. And I was driving in 1970, and it wasn't easy to make sure I had enough gas to make it to school and back. It sucked then, and it sucks now, so what is the point? For your edification. Relative to the economy, gas is cheaper than 1970. You just want those $100k/year jobs and $0.23 a gallon gas. I remember when I made $5k a year (about 1964) and the CEO of the company (Fortune 500) was knocking down about $89k/year. Thought that if I ever made 20k I would be in fat city. When I exceeded the CEO's yearly, I still was not in fat city, as the rest of the costs had escalated also. My first $25k house is now $400k, My house that costs about $50k after additions is a $900k house. Figure a 16x multiplier and that $0.23 gallon gas should be $3.68 gallon. A large part of the energy problem is government regulations. We are require to add MTBE to gas in California (and other states) by the Fed's. Reduces air pollution by a stated 6%, but since we get 10% less mileage with MTBE, the overall saving is less, as well as we have poisoned the waters all over the nation with a really toxic substance. The Fed's to help out ADM (very good friend of the Clinton Administration) are requiring alcohol to be added to gas. Less mileage, and costs more per gallon to produce than the gas. Now they have reformulated diesel #2 for OTR (over the road) and the price is up, and the energy per gallon is down. (less mileage). Chevron and the other oil companies have stated they can make just as clean burning fuel without adding MTBE or alcohol. But government requirements are preventing this. Sorry, your senile babbling does nothing to answer the question. You just don't understand. Oh, I understand too well. You apparently do not. Just a hint for you. There are many, many gasoline formulas, required by different STATES. You can go from there, and find enough errors in your above babbling to fill a book. Take a reading comprehension course. I stated that the government regulations require the oil companies to make 500 different blends. Now this increases costs, as you can not ship excess from one market to the next. The government had imposed so many road blocks to buliding new refineries, that none have been build in over 30 years. Major modifications are even restricted. Same thing you stated above: There are many, many gasoline formulas, required by different STATES. Now where are my errors? |
#29
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DSK wrote in message . ..
LOL anybody who disagrees is a wild-eyed left-winger, eh? Curtis CCR wrote: I admit that it was gratuitous accusation. In other words, you acted like an asshole. You are engaging in a political discussion on energy, and I made a political observation about the subject (gratuitous or not, it was true, BTW) and I am an asshole for doing so? ... But are you saying it isn't true? In my case, it definitely is not. And since you sniped the comment that we are talking about - I wrote: "I always laugh at those that opine gas prices in the US are artificially low (usually some part of the left wing)." Are you trying to lead me to believe that you are wild-eyed RIGHT winger? I really try to avoid these discussion in rec.boats. Sometimes I let myself get into them. But if you are going to pick apart sentences so that you simply call me an asshole... well... **** you... I'm not playing with you anymore. And if you want to follow up this post with some claim of victory in the debate, please do. You can believe whatever you'd like - you already do. |
#30
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Curtis CCR wrote:
Are you trying to lead me to believe that you are wild-eyed RIGHT winger? Not at all. We seem to have more than our quota of them around here anyway. I really try to avoid these discussion in rec.boats. Sometimes I let myself get into them. But if you are going to pick apart sentences so that you simply call me an asshole... well... **** you... I'm not playing with you anymore. And if you want to follow up this post with some claim of victory in the debate, please do. You can believe whatever you'd like - you already do. Very good. Act like an asshole, then arrogantly dismiss any dissent from your stated opinions. Refuse to admit any possible responsibility for your own actions. Ignore all the facts. Keep it up and you could be just like NOBBY. Is that your goal? Meanwhile, since the price of fuel *is* relevant to boating, I'm kind of disappointed to see what could have been a serious discussion get hijacked. DSK |
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