I thought price fixing was illegal

[Wolfrun]

Gas and oil prices.

Heres the deal.
The politicians will prance and preen. They will argue about drill/no drill. They will complain about who's fault it is. they will do everything they can to make it look like the other party is at fault.

Bottom line.
When push comes to shove they will drill. They will do what needs to be done to get the prices down.
Why??
They have to. They don't have a choice. It goes to the basic reason they are in DC to begin with. Power.

They will do what ever they have to to keep the power. They aren't stupid. They know that if they let it go long enough the people will simply toss them out and get people that will do the job. It crosses party lines.

They will fiddle with the economy, they will mess with enviromental policy, they will pander to the ones giving them money, but they will never forget who has the real power. They just don't want us to know it.

Why do you think they haven't gotten their illigal immigrant amnesty passed?? Public outrage. they aren't going to push to the point of rebellion.

Wouldn't it be nice if we could generate enough public outrage to force them to backpeddle on enviromental issues.

Right on, Ollie, We need to stop agonizing over what will or will not work and convince our reps that doing SOMETHING will have a much better chance of working than to just keep on doing ABSOLUTELY NOTHING.

 

[apache]

How do oil companies get away with it? Continually raise prices while posting record profits and get away with it. Fuel prices affect everything we buy and yet these companies blatantly price fix and there's nothing we can do. This just chokes me. If all the grocery stores got together and decided to double the price of food I wonder what would happen. Oil companies are going to control everything, unbelievable.

THEY DON'T GIVE A ****K ABOUT YOU!!! you didn't know?

 

[Xrider]

Read this:
http://www.atimes.com/atimes/Global_Economy/JE24Dj02.html

 

[Ollie]

Read this:
http://www.atimes.com/atimes/Global_Economy/JE24Dj02.html

Good article.
Nice to know that what we have been saying all along is (yet again) true.
The price of oil is BS.
Gonna be interesting to see what happens when the price crashes. I will bet lunch that the price will crash to around 45-50 dollars a barrel in 6 - 8 months.

 

[pura vida]

hmmm, ruffrydr's pic kinda shoots a hole in the entire argument against drilling in anwr.

to go back a little ways, lets see, how many acres does nuclear plant take which can be put anywhere our little harts desire? how many acres of wind turbines does it take to produce an equivalent amount of power which can only be place in areas that have x amount of sustained winds x percentage of time.

now don't get me wrong i'm not against any type of power generation. it all does the same thing, just don't limit one type because of some crazy agenda that makes no since.

and again mh, makes a good point and brings up the real issue. government screws up everything it touches (excluding the military and collecting taxes. thanks to all those who serve and allow me to sit on sw in my comfy office b!tch, btw), corporations are out to make money, we don't have the option of not buying oil products, and OPEC hates everything about us except our money which the turn around and use against us. i'm almost always against regulation but come one, record profits every quarter time and time again, which makes everyone suffer and is made off increased suffering and hardship of all americans. it is hard for me to support governmental regulation of any kind but there has to be something that can be done that won't have huge negative unintended consequences. it is definitely a tough issue for those of us who truly believe in the american way of the free market and working hard to improve your standing and position through the capitalistic system.

if oil prices are set by speculators then by developing ALL of our oil resources would they not see we were serious which would cause prices to fall? i understand it is a world market but we have a lot of oil available to us if we were so inclined. we have enough oil under our country to supply us will oil and gas of quite a while. too bad we can't do that and tell OPEC "no thanks, you can keep it" all the while developing alternative methods to seriously reduce our oil needs. of course that would require taking our oil out of the world market which means it would have to be government controlled which is a BAD, BAD, BAD idea. but in a perfect world it would be a nice fix...

pv

 

[weetee]

All America needs to do is ANNOUNCE (pass legislation) that we will encourage the oil companies to aggressivley drill everywhere, build refineries, produce liquid fuel from coal, develope CNG infrastructure, the list is endless. The price of crude oil would plummet before a single drill hit the earth. BUT, the dems & global warmers will never let it happen, and that is what the oil speculators are betting on.

 

[pura vida]

guess that was what i was trying to get at. pretty much my thoughts.

pv

 

[milehighassassin]

Danno

Send me your worthless stimulus check and hopefully Barrack Ossama doesn't get a chance to "fix" the oil crisis.

He gets in and we won't worry about gas prices, because everywhere we want to go will be closed.

You ARE crazy. It won't be his concentration.

but keep being scared...

He doesn't want your guns or your sleds.


As we are sitting right now, we won't be able to ride anywhere because fuel will cost $10 a gallon.

 

[Dare-Ya]

You ARE crazy. It won't be his concentration.

but keep being scared...

He doesn't want your guns or your sleds.


As we are sitting right now, we won't be able to ride anywhere because fuel will cost $10 a gallon.

And what is it that he is going to do to fix the price of gas?

 

[Ollie]

You ARE crazy. It won't be his concentration.

but keep being scared...

He doesn't want your guns or your sleds.


As we are sitting right now, we won't be able to ride anywhere because fuel will cost $10 a gallon.

He is a MAJOR supporter of the roadless rule and wilderness areas.
He has openly stated he thinks there should be many more restrictions on guns and gun ownership.
He has openly stated the the EPA should crack down on all forms of engine emisions and the elimination of 2 stroke motors.

So yep, I will continue to be scared and you can continue to be naive.
Ted Kennedy is his political mentor. Nuff said.

 

[Wolfrun]

Here are a couple of pictures of Prudhoe Bay, Anwar area from Google earth. It looks like something only an enviro could love.
Any time Anwar is mentioned on the media they show beautiful pictures of streams, grass and mountains. These are of the Brooks Range way south of Prudhoe. They wouldn't try to BS the public would they?

 

[plumnuts]

Yep, messed up. I wonder why Canada has this problem considering the large amount of oil sent south? Weird.............but it wont last forever, sooner or later the people of the US are gonna be heard and the feds are going to have to do something. THem stimulus checks aint gonna do chit, me thinks Bush is in bed with the big oil company's, once he is gone, things will change or maybe we need a coup?

Democratic Dictatorship, a dictator that runs the contry with absolute control and has his/her people in mind of best interest, no more big corp's screwing everyone.

you must have drank the kool-aid... tell us how Obama is going to lower prices when he believes we drive too much already... think prices are high now wait until the winter demand starts with house fuel oil.. want prices to come down? Support N-power, have the government take off the restrictions for exploration (find more oil, causes decrease in value), have the Feds stop states and big cities from requiring "special" fuel, and finally allow more oil refine.. and then prices will go down. Like the price of fuel, thank a Democrat

 

[Wolfrun]

According to Hillarious and Obama Mama they intend to knock the dog**** out of Big oil, Big car makers and business in general, take their profits and give it to the poor. Who do they think will write all the pay checks then, BIG GOVERNMENT?

 

[Disco Dan Richter]

I guess you will have to wait and see. I aint a Obama supporter either, never said I was.
But, Bush has done...........NOTHING to help with this, no one can argue that. I hate GB to the core, he needs to go(soon), but we are stuck with a President who cares nothing about the Homeland and have to live with it for a few more months, when he is gone, things will change, hopefully for the better.

After much discussion, this subject has peaked my interest further. It is obvious, well it seems obvious, that the oil company's are in fact..............not to blame? We need more freedom to drill and get more crude to halp lower prices, and the futures traders need to stop being greedy?

If that is the case, and big oil gets their wish to be able to drill all over, do you honestly think fuel will go down?

I doubt it too.

 

[Wade]

plumnuts has his thinking cap on.

Make it easier to drill.
Make it easier for new competition to start up.
Make it easier to build refineries.
Get rid of blended fuels, or make it where production can not be impeded by blend switch over.
Create incentives for the building of additional headroom capacity on our refining, in case of a fire or storm knocks one out.
Find a way to make crude availability more predictable, so that speculators won't have excuses to swing the price so violently.
Build up the electrical production capacity, so people can move away from home heating oil. That's were a large precentage of Diesel goes every winter. With cheap enough electricity, people will save money replacing heating oil with something else.
And, if you want a stick to beat the oil companies with, threaten to break them back up.

There's nothing like competition to bring prices down.
Yha, I have my own personal opinion about Bush, but I can't see some Idiot Democrat making things better. We need to spur new companies and investment, not run investors off.

 

[weetee]

I guess you will have to wait and see. I aint a Obama supporter either, never said I was.
But, Bush has done...........NOTHING to help with this, no one can argue that. I hate GB to the core, he needs to go(soon), but we are stuck with a President who cares nothing about the Homeland and have to live with it for a few more months, when he is gone, things will change, hopefully for the better.

After much discussion, this subject has peaked my interest further. It is obvious, well it seems obvious, that the oil company's are in fact..............not to blame? We need more freedom to drill and get more crude to halp lower prices, and the futures traders need to stop being greedy?

If that is the case, and big oil gets their wish to be able to drill all over, do you honestly think fuel will go down?

I doubt it too.

Bush has done nothing? And why is that? It's because all the peacenicks hoodwinked America (snowesters included) and we voted the dems into power in congress. Bush tried to open up new exploration but the dems (and the gang of 14 rino's) voted it down. And why did they do this? Because the Al Gore global warmers and enviro cooks were screaming that the sky is falling. And what can we do to GAURANTEE fuel prices will stay high, and possibly become unavailable? Vote for a democrat. Just look at our past. (1970's) We are there again. Increase supply, prices will fall.

 

[Steamboat-RN]

I guess you will have to wait and see. I aint a Obama supporter either, never said I was.
But, Bush has done...........NOTHING to help with this, no one can argue that. I hate GB to the core, he needs to go(soon), but we are stuck with a President who cares nothing about the Homeland and have to live with it for a few more months, when he is gone, things will change, hopefully for the better.

After much discussion, this subject has peaked my interest further. It is obvious, well it seems obvious, that the oil company's are in fact..............not to blame? We need more freedom to drill and get more crude to halp lower prices, and the futures traders need to stop being greedy?

If that is the case, and big oil gets their wish to be able to drill all over, do you honestly think fuel will go down?

I doubt it too.

Wow! Step away from the Kool-Aid.
I don't suppose tht you could enlighten us with the steps G.B. should have taken to help us. Price controls? Increased taxes? More government spending? Less government spending. Forced drilling/exploration? Perhaps a new goverment department to ensure we all get a fair price on everything we buy. Maybe he should have banned the sale of any vehicle that didn't get at least 20mpg.
Just how do you think things will improve under contol of the likes of Hillary,
Obama, Gore, Pelosi, Kennedy ... It's more frightening than a Stephen King book and it won't be fiction.
Ah, I long for the good old days of the 70s. Jimmy Carter, Iran, Gas lines and double digit interest rates.

You're right. Maybe it will get better.
I doubt it too.

Mabe we can all write in Ollie for Pres!! Better choice than what we're faced with this election.
How about it Ollie?

 

[Ollie]

You want to see oil prices drop, and I mean right now?

Get the oil off speculation and back on supply and demand.
As long as they are allowed to just run up the price just cause they can come up with an excuse they will. That is how they make their money. Of cource they will run it up.

The speculators run up the prices and the rest of the oil industry follows. Why?? They get to point to the speculators pricing and say "See, that is why". 60% of the price of oil is pure speculation.


you wouldn't like me for president. I'm an azzhole.
I expect people to stand up and be accountable. I think you shouldn't be able to get anything from the government that you haven't already payed in. including Social Security, Medicaid and medicare. Someone that retires at the age of 65 will get every dime they paid in plus interest in less than 2 years. Then we take up the bill.
ok, stop, don't get me started.

See, I am an azzhole and about as PC as a nuclear bomb.

 

[Disco Dan Richter]

Here is one for ya smarty pants, 500 family's a month in MN, have thier electric shut off. Why? Because they cant pay it because of the price increase in fuel to get to work. That my freinds, is one examply that is all you will need. Family's are suffering, and nothing happens. Oh wait, I forgot, Bush did make an effort, he went to the arabs and asked them to increase production. That was a futile effort, as the arabs themselves said it is not the amount that is the problem.
So, what happens now? Nothing of course, free enterprise has allowed oil company execs, the traders and politicians to benefit on the misery of the whole country, and yet....................Bush does nothing. He has power right? Aint he the president, or am I drinking kool aid again? DOH!

Oh yea, another thing for you einsteins, supply is high, demand is low, prices increase. Care to explain that the law of supply and demand has prominence here?

 

[Good to Go]

Here is one for ya smarty pants, 500 family's a month in MN, have thier electric shut off. Why? Because they cant pay it because of the price increase in fuel to get to work. That my freinds, is one examply that is all you will need. Family's are suffering, and nothing happens. Oh wait, I forgot, Bush did make an effort, he went to the arabs and asked them to increase production. That was a futile effort, as the arabs themselves said it is not the amount that is the problem.
So, what happens now? Nothing of course, free enterprise has allowed oil company execs, the traders and politicians to benefit on the misery of the whole country, and yet....................Bush does nothing. He has power right? Aint he the president, or am I drinking kool aid again? DOH!

Oh yea, another thing for you einsteins, supply is high, demand is low, prices increase. Care to explain that the law of supply and demand has prominence here?

Uhhhhh.....ummmmmm... Socialism, huh?

Since WHEN is it governments job to try and fix all the economic problems of this great land? People act like it's a crime to let anyone endure a hardship. And lest you forget, no one's forcing anyone to buy fuel. You can't have a free market only when it suits you.