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Chuck Gould February 28th 08 04:11 PM

$100.88
 
On Feb 28, 7:58Â*am, "Reginald P. Smithers III" "Reggie is Here
wrote:
Chuck Gould wrote:
On Feb 28, 3:41 am, BAR wrote:
Chuck Gould wrote:
On Feb 27, 5:05�pm, "Sam" wrote:
While I think it already is a free and competitive market, what changes
would you propose?- Hide quoted text -
The same measures that were taken against other vertically integrated
oligarchies in the past. Power, phone, water, etc.
[ Big Snip ]


You want prices controls and regulation.


Don't be so deliberately dense. Read instead of react. I'm sure you
*snipped* it before you read it.......after all you've got Limbaugh
and the rest of your trainers to tell you how liberals think, so why
bother?


Since you didn't bother to read before you reacted emotionally here,
I'll repeat. What I would like to see would be meaningful competition
at all level of the distribution process, an no more winks, nods, and
reach arounds by the three main bedfellows.


Why don't we limit profit to 1% on everything. One percent profit should
be enough shouldn't it?


I have no idea where you come up with some zany crap like that.
It has no relevance to anything I posted here.


Why do you believe in a free market when it comes to selling boats and
cars but not when it comes to selling oil.


Hello in there........ I am calling for the same kind of free market
thta *does* exist when it comes to selling boats and cars and
*doesn't* exist when it comes to selling oil. If you want the car
business to adopt the oil company model, you would need to start by
eliminating all of the independently owned new car dealerships across
the country and make them "factory outlets". The auto factories occupy
a similar space in the distribution chain that the refineries do, so
you would really need to have the auto factories bought up by big
steel producers, and you would need to eliminate the 1000,s of
subcontracting companies that
currently contribute to the construction of a car or truck. There's a
very active free market in the auto and boat industries, due in part
to the fact that new cars and new boats are always in competition with
used products as well as new cars and boats built by other
manufacturers.


New boat companies start up every year. Most don't last all that long,
but they start up nonetheless. When was the last time somebody started
a new oil company?


What I want to know is why is gasoline at the pump so cheap compared to
the cost of a bbl of crude? When oil was $50 a bbl we were paying $3 per
gallon of gas and now that oil is $100 a bbl we are still paying $3 per
gallon. Why?


Because there is no direct correlation between the price of refined
products and the price of crude oil. They only thing they have in
common is the same company is making money at every step of the
distribution process.


Can you spell "ENRON"?


Chuck,
If you really researched the oil industry, you would see that your
understanding of the industry and your understanding of the competition
that exist in the industry is way too simplistic and does not reflect
the real world in any shape or form. Â*It reminds me of the simplistic
comments I have heard the few times I have listened to right or left
wing radio shows.- Hide quoted text -

- Show quoted text -


Whatever level of competition exists in the oil industry, it is
inadequate to create a truly competitive market. During the spring of
2007, refined products went up substantially while the cost of a bbl
of oil went down.
Not a single company elected to pass this savings in the cost of raw
material along to the final consumer; but in a truly competitive
market that is *exactly* what would have happened.

I believe that under all the smoke and mirrors employed to create the
illusion of a complex and competitive market you will find a very few
vertically integrated companies comprising an oligarchy.

[email protected] February 28th 08 04:26 PM

$100.88
 
On Feb 28, 10:50*am, "D.Duck" wrote:
wrote in message

...
On Feb 28, 9:01 am, "D.Duck" wrote:





wrote in message


...
On Feb 27, 1:28 pm, wrote:


On Feb 27, 1:00 pm, hkrause wrote:


D-unit wrote:
"Chuck Gould" wrote in message
...
The price of a bbl of oil last night.


Average retail price for a gallon of unleaded regular, in this
state,
is now $3.35. That's up 85-cents from the same time last year.
Premium
typically runs about 30 cents more. The annual spring price gouge
we
have endured each of the last several years should be getting
underway
very soon, as the
refiners all claim to be passing along the costs of converting from
winter to summer formulations.


The challenge for boaters who don't care and say, "We can afford to
pay for fuel, regardless of the cost", will be the disappearing
infrastructure.


When the working man has to give up boating because he can't afford
to
fuel up for a weekend's outing, it guts the infrastructure that
everybody depends on. Without the critical mass of the small
boaters,
many of the service businesses and retailers upon which the entire
boating community relies cannot remain in business. There is less
justification for the state to set aside marine parks or otherwise
prioritize boating recreation.


I wish I had a solution. I don't. But when poor families are facing
a
"heat or eat" decision every week while BIGOILCO makes $40-billion
profits
it's possible to see the human tragedy in play, even without being
able to identify a solution.


And this is with a gasoline surplus.. Just wait till supplies run
low.


Ouch.


db


No mystery here...just bend over for Big Oil and its facilitators in
the
Bush Administration.- Hide quoted text -


- Show quoted text -


Did you ever think our enemies who seem to control the oil and
terrorism have nothing to do with this? It is a fact that you can not
dispute that these terrorist regimes want to raise the prices and make
the repubs look bad and get voted out of office. After all, repubs
shoot back when we are attacked, dems talk....- Hide quoted text -


- Show quoted text -


Take a look at historical data and you'll see something astonishing.
It seems that talking works! All that happens when we think we are
going after the "enemy" is **** them off. After all, it doesn't make
very good business sense at all. Think about it. What if, say, you
were making widgets and I was the sole manufacturer of the number one
component that those widgets needed to operate. Would you think I'd be
more than likely to work with you, monetarily wise if you were decent
to me, or if you ****ed me off?


Can you spell A bomb?- Hide quoted text -


- Show quoted text -


There's the compassionate conservative christian way!

============================

How many American lives did it save when WWII ended?- Hide quoted text -

- Show quoted text -


Gee, I don't know, do you? Perhaps none.

Chuck Gould February 28th 08 04:37 PM

$100.88
 
On Feb 28, 4:57�am, Short Wave Sportfishing
wrote:
On Thu, 28 Feb 2008 07:46:23 -0500, BAR wrote:
D.Duck wrote:
"BAR" wrote in message
...
Chuck Gould wrote:
On Feb 27, 5:05?pm, "Sam" wrote:


While I think it already is a free and competitive market, what changes
would you propose?- Hide quoted text -


The same measures that were taken against other vertically integrated
oligarchies in the past. Power, phone, water, etc.
[ Big Snip ]


You want prices controls and regulation.


Why don't we limit profit to 1% on everything. One percent profit should
be enough shouldn't it?


Why do you believe in a free market when it comes to selling boats and
cars but not when it comes to selling oil.


What I want to know is why is gasoline at the pump so cheap compared to
the cost of a bbl of crude? When oil was $50 a bbl we were paying $3 per
gallon of gas and now that oil is $100 a bbl we are still paying $3 per
gallon. Why?


I think you're a little off on the price of gas vs. crude. �AT $50/bbl crude
gas was in the $2.00 area. �The two don't track one for one and I believe a
lot of the differential is conjured up in the trading pits.


Interesting reading:
http://www.eia.doe.gov/bookshelf/bro...esprimer/eia1_...


I am trying to find information regarding the cost of crude and the cost
of gasoline for the last 20 years.


http://inflationdata.com/inflation/I...l_price_co...- Hide quoted text -

- Show quoted text -


Nice chart, but wow! Just look at how things have changed since 2006.
In 2006, the oil companies were booking oil into their refineries at
under $50 bbl. Now the oil companies charge themselves $100 a bbl.

Short Wave Sportfishing February 28th 08 04:37 PM

$100.88
 
On Thu, 28 Feb 2008 08:47:01 -0500, BAR wrote:

wrote:
On Feb 27, 6:50 pm, "Sam" wrote:
wrote in message

...

Take a look at historical data and you'll see something astonishing.
It seems that talking works! All that happens when we think we are
going after the "enemy" is **** them off. After all, it doesn't make
very good business sense at all. Think about it. What if, say, you
were making widgets and I was the sole manufacturer of the number one
component that those widgets needed to operate. Would you think I'd be
more than likely to work with you, monetarily wise if you were decent
to me, or if you ****ed me off?
You make no sense.


Probably not, to you.


The supplier of the widget part is as dependent upon the widget
manufacturer as the widget manufacturer is on the supplier of the widget
part. But, the manufacture of the widget part controls the negotiation.


JETSON!!

Of wait, that was sprockets.

Sorry.

Wayne.B February 28th 08 04:49 PM

$100.88
 
On Thu, 28 Feb 2008 07:13:19 -0800 (PST), Chuck Gould
wrote:

Would it seem a bit excessive to create an infrastructure to store and
transport refined products so you can run a filling station?

Not if you are running a chain of stations, a station co-op
association or your own distributorship.

Who refines the products "openly traded on the commodity exchanges"?


A wide range of companies who sell into the open market, highest bid
gets the fuel. It's called a free market economy - anything else
leads to shortages and rationing. Do you want rationing? I don't.


Don White February 28th 08 04:56 PM

$100.88
 

"BAR" wrote in message
. ..

Tax breaks and subsidies are used by government control behavior. Your
behavior and that of the big oil companies it is all the same.

snip...

I'd rather the gov't treat them as the scoundrels they are.
Lay out a new policy that benefits the consumer...if the oil companies don't
like it, nationalize their holdings in the interest of national security.

Ooops..one little problem...they own the politicians who make the laws. I
like Tom's advice... nuke 'em all.



John H.[_3_] February 28th 08 05:17 PM

$100.88
 
On Thu, 28 Feb 2008 06:51:31 -0800 (PST), Chuck Gould
wrote:

On Feb 28, 3:41*am, BAR wrote:
Chuck Gould wrote:
On Feb 27, 5:05?pm, "Sam" wrote:


While I think it already is a free and competitive market, what changes
would you propose?- Hide quoted text -


The same measures that were taken against other vertically integrated
oligarchies in the past. Power, phone, water, etc.


[ Big Snip ]

You want prices controls and regulation.


Don't be so deliberately dense. Read instead of react. I'm sure you
*snipped* it before you read it.......after all you've got Limbaugh
and the rest of your trainers to tell you how liberals think, so why
bother?


Quit using the line reserved for me on other people.

I'm glad to see you're still listening to Limbaugh on a regular basis. What
did he have to say about the latest Obama/Hillary debate? It looked like
Russert was being very nice to Obama and not so nice to Hillary.
--
John H

"All decisions are the result of binary thinking."

John H.[_3_] February 28th 08 05:20 PM

$100.88
 
On Wed, 27 Feb 2008 23:30:42 -0800 (PST), rhutton
wrote:

On Feb 27, 11:36*am, "Don White" wrote:
"Chuck Gould" wrote in message

... The price of a bbl of oil last night.

Average retail price for a gallon of unleaded regular, in this state,
is now $3.35. That's up 85-cents from the same time last year. Premium
typically runs about 30 cents more. The annual spring price gouge we
have endured each of the last several years should be getting underway
very soon, as the
refiners all claim to be passing along the costs of converting from
winter to summer formulations.


snip..

Wow...wish I could buy regular self serve for that price.
At 1.18 per liter... we pay at the rate of $4.46 per US gallon


Hi there!
Been gone from rec boats for about 5 yrs. Moved from central IL to the
west coast of FL. Hard to believe... same old crew is still bitching
about the same old.
And they say you can't go home again.


Welcome back. Whereabouts in Florida?
--
John H

"All decisions are the result of binary thinking."

John H.[_3_] February 28th 08 05:22 PM

$100.88
 
On Thu, 28 Feb 2008 09:01:17 -0500, "D.Duck" wrote:


wrote in message
...
On Feb 27, 1:28 pm, wrote:
On Feb 27, 1:00 pm, hkrause wrote:





D-unit wrote:
"Chuck Gould" wrote in message
...
The price of a bbl of oil last night.


Average retail price for a gallon of unleaded regular, in this state,
is now $3.35. That's up 85-cents from the same time last year.
Premium
typically runs about 30 cents more. The annual spring price gouge we
have endured each of the last several years should be getting
underway
very soon, as the
refiners all claim to be passing along the costs of converting from
winter to summer formulations.


The challenge for boaters who don't care and say, "We can afford to
pay for fuel, regardless of the cost", will be the disappearing
infrastructure.


When the working man has to give up boating because he can't afford
to
fuel up for a weekend's outing, it guts the infrastructure that
everybody depends on. Without the critical mass of the small boaters,
many of the service businesses and retailers upon which the entire
boating community relies cannot remain in business. There is less
justification for the state to set aside marine parks or otherwise
prioritize boating recreation.


I wish I had a solution. I don't. But when poor families are facing a
"heat or eat" decision every week while BIGOILCO makes $40-billion
profits
it's possible to see the human tragedy in play, even without being
able to identify a solution.


And this is with a gasoline surplus.. Just wait till supplies run low.


Ouch.


db


No mystery here...just bend over for Big Oil and its facilitators in the
Bush Administration.- Hide quoted text -


- Show quoted text -


Did you ever think our enemies who seem to control the oil and
terrorism have nothing to do with this? It is a fact that you can not
dispute that these terrorist regimes want to raise the prices and make
the repubs look bad and get voted out of office. After all, repubs
shoot back when we are attacked, dems talk....- Hide quoted text -

- Show quoted text -


Take a look at historical data and you'll see something astonishing.
It seems that talking works! All that happens when we think we are
going after the "enemy" is **** them off. After all, it doesn't make
very good business sense at all. Think about it. What if, say, you
were making widgets and I was the sole manufacturer of the number one
component that those widgets needed to operate. Would you think I'd be
more than likely to work with you, monetarily wise if you were decent
to me, or if you ****ed me off?

Can you spell A bomb?


Just ask Chamberlain. He'll tell you how much talking works.

http://en.wikipedia.org/wiki/Neville_Chamberlain


--
John H

"All decisions are the result of binary thinking."

John H.[_3_] February 28th 08 05:24 PM

$100.88
 
On Thu, 28 Feb 2008 08:26:29 -0800 (PST), wrote:

On Feb 28, 10:50*am, "D.Duck" wrote:
wrote in message

...
On Feb 28, 9:01 am, "D.Duck" wrote:





wrote in message


...
On Feb 27, 1:28 pm, wrote:


On Feb 27, 1:00 pm, hkrause wrote:


D-unit wrote:
"Chuck Gould" wrote in message
...
The price of a bbl of oil last night.


Average retail price for a gallon of unleaded regular, in this
state,
is now $3.35. That's up 85-cents from the same time last year.
Premium
typically runs about 30 cents more. The annual spring price gouge
we
have endured each of the last several years should be getting
underway
very soon, as the
refiners all claim to be passing along the costs of converting from
winter to summer formulations.


The challenge for boaters who don't care and say, "We can afford to
pay for fuel, regardless of the cost", will be the disappearing
infrastructure.


When the working man has to give up boating because he can't afford
to
fuel up for a weekend's outing, it guts the infrastructure that
everybody depends on. Without the critical mass of the small
boaters,
many of the service businesses and retailers upon which the entire
boating community relies cannot remain in business. There is less
justification for the state to set aside marine parks or otherwise
prioritize boating recreation.


I wish I had a solution. I don't. But when poor families are facing
a
"heat or eat" decision every week while BIGOILCO makes $40-billion
profits
it's possible to see the human tragedy in play, even without being
able to identify a solution.


And this is with a gasoline surplus.. Just wait till supplies run
low.


Ouch.


db


No mystery here...just bend over for Big Oil and its facilitators in
the
Bush Administration.- Hide quoted text -


- Show quoted text -


Did you ever think our enemies who seem to control the oil and
terrorism have nothing to do with this? It is a fact that you can not
dispute that these terrorist regimes want to raise the prices and make
the repubs look bad and get voted out of office. After all, repubs
shoot back when we are attacked, dems talk....- Hide quoted text -


- Show quoted text -


Take a look at historical data and you'll see something astonishing.
It seems that talking works! All that happens when we think we are
going after the "enemy" is **** them off. After all, it doesn't make
very good business sense at all. Think about it. What if, say, you
were making widgets and I was the sole manufacturer of the number one
component that those widgets needed to operate. Would you think I'd be
more than likely to work with you, monetarily wise if you were decent
to me, or if you ****ed me off?


Can you spell A bomb?- Hide quoted text -


- Show quoted text -


There's the compassionate conservative christian way!

============================

How many American lives did it save when WWII ended?- Hide quoted text -

- Show quoted text -


Gee, I don't know, do you? Perhaps none.


How many troops did we lose at Iwo Jima? Multiply that by all the other
islands and the mainland controlled by Japan. That should give you a decent
start.

Those two bombs probably saved a hell of a lot of Japanese young men also.
--
John H

"All decisions are the result of binary thinking."


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