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OPEC
Why couldnt bush or congress play hard ball with OPEC? SOmething like announce plans to introduce a BILL for law.
On this LAW we can set up a program that will aoutomatically throw 2 million dollars extra a month into a fund to help produce NON GAS using machines :IE cars, tractors etc.Every month that the price of oil is over $40 a barrel we put extra money into funds to help produce these types of engines?
Play chicken with opec! Let them know we will not stand for this!!! The staus qou right now is screww the americans and other country's with no oil.
Time we do something about this!
To all you dem. out there: Maybe the republicans should attack anouther country to steal their oil? How wrong were they on that one?
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OPEC
BA
I think this will correct itself in time , if we can afford to wait!
If these prices continue,and the predictions are correct for
this summer, they will smother the economy.
I like your idea though, no dought this country can come up
with something if we put our minds to it.
But, big money brings big power,+ big power brings big
money.
You can't get elected without it, and then it's payback time.
Have you once heard this administration show any concern
about the high energy costs and the toll it is taking on the American family?
End of Rant, raw nerve with me!
How's that application coming?
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OPEC
Maybe it's not OPEC?, Maybe it's the oil company's right here at home? They are Oil people and are Republicans, Our president is an Oil people an a Republican? Just a thought.
David
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OPEC
Only republicans are "oil people"? I think you'll find that with a little research there is plenty of oil money on both sides of the aisle.
Another point: The dollar has been encouraged to be valued lower and lower lately. What is a good thing for some aspects of the economy, is poor for others. Lower oil buying power is one of these effects. Oil is now, what, somewhere around $47 per barrell? A good (better) price was when it was $30, or $25 two years ago, right? Where was the dollar value two years ago? Hmmmmmm. THis is NOT a simple price gouging situation on the oil companies or even OPEC. It is a larger economic situation.
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OPEC
I recall seeing the news with US oil companies posting record profits in the past year or so. It seems the price of oil goes up 5% and the price of gas goes up 10%. Its not like it costs much more to refine a more expensive barrel of crude so why such an increase if it is not just gouging. It is all a game they play, larger than anyone here can join. Supply and demand? The additional charge, excess to what OPEC imposed is to curb demand because supply is short. Who in this country is using any less with higher prices, no one I can see, so demand has not lowered. If supply is lower, who is going without? How about the game of raising prices. Gas is a dollar, then is goes to 1.50 and everone screams. What a relief when it goes back to 1.25, no one is upset. Then it goes to 1.75 and everyone screams. What a relief when it goes back to 1.5, all is well. Now it is around 2.00 and this summer it may get above 2.50. Wow will we all be relieved when it gets back to 2.25.
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OPEC
YEp, it's bad out there. There are many forces tugging at the oil prices. One is fear of a supply crunch. another is speculators working to keep the prices high. I wouldn't be surprised if someone has figured out how to artificially keep the prices high through manipulation like what Enron did during the California electricity crisis.
One problem is China's economy is roaring ahead at 110% full throttle. They are the major cause behind the demand increase for oil and fuel. Add in lack of stability with Russia's crooked Yukos deal and Nigeria acting up. There is a South American country acting up as well, but their name escapes me. So people are driving up the price through fear.
Sucks for us. I'll be on the motorcycle soon to keep my fuel costs down. Not much I can do about the prices except switch to alternative vehicles and limit my trips from home.
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OPEC
You know what's really sad, is either of my VW's get better gas milage than my HD motorcycles do.
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OPEC
Iowafun hit it right on the head. China's economy is driving the cost of oil. They are also soaking up all the available trees/lumber in Asia.
There is another answer to ease the crunch. ANWR. And don't feed me the PC line.... I lived there for most of my adult life so I know better.
If you have several MILLION acres of wilderness that is NOT HABITABLE by humans, or even visited for that matter, how in the heck do you ruin it by developing 150 ACRES for oil production?
We, in our national stupidity, deserve to pay through the nose for our fuel. It's just too damn bad that we would rather enrich people who hate us instead of building an oil well in a mosquito infested(July)/frozen(the rest of the year)wasteland.
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DRankin
I LOVE YOU MAN!!! My feelings exactly. I still go back to thinking we need to play ball with these oil rich countries. They want to jack the price up or pump less then we should start to seriously expand our fuel capability. These countries may be doing the USA a favor? If they wake a sleeping giant they will lose in the long run. They may just push the price so high that our govt. both demecratic and republican get their heads out of their ass and do something about it. This name calling and pointing of fingers at who did what and who did not do enough has to end. I hope they piss off enough people that this happens. BTW I though I heard the price of oil is now at $55 a barrel?
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They are not going to get their head out their ass,if they do, the money goes away.
I understand that part of it is there has not been a refinerey built in this country for 20 yrs. They are all at capacity. They seem to like it as is, got us right by the short ones. Why drill for more oil? they aren't going to introduce it into the equation?
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