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$ 6.00 @ gal.

I didn't vote for Obammy. I wasn't crazy about the other choice either. But I thought O's "evils" were crystal clear before the election. I guess some people can be easily deceived. His "evils" have certainly shown themselves since! :( :'(
 
articmp said:
I never said I didn't regret voting for Obama. I just don't wear the blinders that force me to put the blame on the man that is sitting in the path. Most things that happen on the Hill are no less than a term behind the man that is in the big seat, if not farther back. Who is gonna profit from high fuel prices? The guy who is sitting on crude stocks.... like the Bush family. The consumer pays the high end, the gas station sees a little profit, the transport company get's a piece, the tank farm get's a bit, the refinery has it's hand in the mix, then the oil field owner is at the start of it all. Who get's the biggest share? The companies that own the whole mess.

So far there is no law prohibiting yourself from owning "crude" stocks. Jump in and grab some of that profit. I used to work in Madison - biggest liberal bastion in America outside of Berkley. I have heard all your BS and more. Even had people telling me Bush and Chaney were responsible for bringing the towers in NY down. Talk about needing to get your head out of somewhere. Sounds to me like your info comes from media matters. I did my home work before the last election. I knew who Obummer's mentors were, namely Ayers and Rev. Wright. Obummer claimed to have sat in Wright's church pew 20 years and did not know what he was preaching. Everyone that did their homework knew Obummer was a Socialist radical. He promised Hope and Change. I don't know about hope, but I certainly understood what change he had in mind. As his change was continually blowing up in his face, all Obummer could do was blame Bush. He blamed Bush for high oil prices while campaining and now says that he (Obummer) has no control over oil prices. His energy Secretary even admitted before Congress that high oil prices were desirable. So instead of preaching to everyone else on here to get a clue, maybe you should heed your
own advice. I also agree with another fellow that mentioned you are not a site contributor. Sort of reminds me of the left always preaching about helping the needy. In reality, when you check their tax returns, they give little or nothing to Charity. Yet they rail against conservatives like Rush, who donates thousands. I am only guessing, but I'll bet 90% of this sites contributors don't want to hear your baseless political opinions. That's all I'm going to say about this subject.
 
This thread has been around for almost a year with Members venting about the high prices of gas and other things. It goes dormant for awhile and kicks back up again. At the current rate, the Boss may delete it. Please let's keep it clean and not post personal attacks.
 
TheSnake said:
This thread has been around for almost a year with Members venting about the high prices of gas and other things. It goes dormant for awhile and kicks back up again. At the current rate, the Boss may delete it. Please let's keep it clean and not post personal attacks.

Hopefully, you do not take my last post as a personal attack. I pointed out the fact that the gentleman was not a site contributor, as well as the hypocrisy about "being informed". At no point did I use terms like you are an idiot, etc. I too, do not want to see this site become abrasive. It is fine with me if this topic is removed, as there are other forums to discuss politics. Just please do not expect me to sit idly by and accept misinformation - especially at a time when our country faces economic disaster and Government takeover of our Freedom.
 
The reason crud oil is at this price right now is because oil is traded on the American dollar. And the problem is the federal reserve is printing money at a rate that is just unreal making the dollar fall and fall. Until we get our monetary system fixed witch is getting the federal reserve out of it the problem is going to just keep going. The big banks are your enemy
 
JKOHLER..you hit it on the head...the dollar is the world currency..it's worth less because this country has had a weak dollar policy all the way back to bush's 1st term..soooo ..gas at the pump costs more..couple this with no real energy policy... an EPA that's out of control ...obamas need to curry the far left greens to be reelected..and you have the perfect storm
 
I don't care if the price of gas keeps going up. Two reasons............it hurts most of the people who put Obama in power more than me and second and most important..............expensive gas is the best hope we have of defeating Obama.
 
jkohler said:
The reason crud oil is at this price right now is because oil is traded on the American dollar. And the problem is the federal reserve is printing money at a rate that is just unreal making the dollar fall and fall. Until we get our monetary system fixed witch is getting the federal reserve out of it the problem is going to just keep going. The big banks are your enemy

jkohler, another thumbsup for your post! Only 3 percent of the money in this country is physical fiat currency, the rest is moved around from computer to computer via a keystroke. Our dollar is pretty much history and the Federal Reserve and all of Helicopter Bens minions must go!

Frank
 
Having ~25 years of refining inspection/process experience, including overseas.. The only reason Jr declared the so called war, Saddam announced selling his crude on the euro market, which created mass destruction headlines for the cover up, that took balls.. They didn't want to lose their percentage factor per barrel through Wall Street..

The chain of command does not dictate the refineries controlling prices, operations controls and pays all bills inside the refinery, the plant/s are allotted x amount of dollars for maintenance and upgrading... Once product leaves the main line block valve, the product belong to marketing and sold from there, then the magic begins.. .

Yes, it's ashamed to hear about Sunoco where I spent 18 years or so there, starting just after the Gulf/Chevron buy out, don't forget Conoco plant closed.. But don't forget, Sunoco is listed as the largest Independent producer, big difference keeping up with the big boys...

For some of you that can remember buying white gas way back years ago? Good keep that in mind... The was no gas war in the 70's, if so, then 2005 should have been a gas war too.. The physical change that was made and mandated for using unleaded gasoline, white gas was unleaded, the name was changed... For 2005, the change was low sulfur gas and diesel, that was per ~1994 federal guidelines, all research and development was given 10 years to design, plan, and construct process units before the deadline of late fall of 2004.. Everything had to be de-inventoried in both cases for new product/s...

All crude is not the same as all are aware of, it does effect the main stream design at the equipment material design level, changing crude mid stream causes, mild to severe internal corrosion and erosion issues, including piping.. Pennsylvania is state regulated for unfired pressure vessels, not many state accidents, fires are immaterial, but aging and safety are costly factors...

Speculators, future's buying, and federal guidelines are the main sources but not necessary in that order..

All I can say, it's not looking good...
 
Tome
I'm buy no means a political guy at all or even that smart to say the least . I just read about history a little and do not listen to the news at all any more. Are credit problem stated way before any of the Bush's to tell you the truth. Look back to the start of the Fed Reserve and follow the money to the BIG BANKS. Banks make money on debt and that's where all leave that.
 
22XC Guy said:
Having ~25 years of refining inspection/process experience, including overseas.. The only reason Jr declared the so called war, Saddam announced selling his crude on the euro market, which created mass destruction headlines for the cover up, that took balls.. They didn't want to lose their percentage factor per barrel through Wall Street..

The chain of command does not dictate the refineries controlling prices, operations controls and pays all bills inside the refinery, the plant/s are allotted x amount of dollars for maintenance and upgrading... Once product leaves the main line block valve, the product belong to marketing and sold from there, then the magic begins.. .

Yes, it's ashamed to hear about Sunoco where I spent 18 years or so there, starting just after the Gulf/Chevron buy out, don't forget Conoco plant closed.. But don't forget, Sunoco is listed as the largest Independent producer, big difference keeping up with the big boys...

For some of you that can remember buying white gas way back years ago? Good keep that in mind... The was no gas war in the 70's, if so, then 2005 should have been a gas war too.. The physical change that was made and mandated for using unleaded gasoline, white gas was unleaded, the name was changed... For 2005, the change was low sulfur gas and diesel, that was per ~1994 federal guidelines, all research and development was given 10 years to design, plan, and construct process units before the deadline of late fall of 2004.. Everything had to be de-inventoried in both cases for new product/s...

All crude is not the same as all are aware of, it does effect the main stream design at the equipment material design level, changing crude mid stream causes, mild to severe internal corrosion and erosion issues, including piping.. Pennsylvania is state regulated for unfired pressure vessels, not many state accidents, fires are immaterial, but aging and safety are costly factors...

Speculators, future's buying, and federal guidelines are the main sources but not necessary in that order..

All I can say, it's not looking good...
Now there is a side to the story that I have never heard before. And an interesting one. Doesn't mean much to me as I don't understand the process but still nice to get a story from the corn.
 
articmp:

"12 fold equals 1200 percent. Or roughly $10,000 turned into $800,give or take a few bucks."

I appears your math skills are on par with your "research" (your "research" drove you to vote for Obama?) A reduction from 10,000 to 800 is 92%, at least that is the way I learned in in 3rd grade math class.

I live in America! In America we don"t regulate the price of crude! Oil is traded worldwide and supply and demand will regulate the price (at least that is what I learned in Econ 101 at U of Wyoming). Market participants (known as traders or "speculators" as the uninformed (socialists, communists, democrats)) refer to them, sift through all of the available data and buy and sell futures contracts. Guess right and you profit, guess wrong and you don't. For example:

If you think gasoline is going to $6 (the title of this thread) I suggest you mortgage your house, cash out your CD's, cash out your life insurance policy, liquidate your 401(k) and buy gasoline futures NOW!!!

Finally, in 1996 Bill Clinton (who I am sure you voted for?) vetoed a Republican passed (Senate and House) plan to develop ANWR. Production would have commenced in 2006 at from 1 to 1.5 million barrels per day. Obama says that production would not influence the price of gasoline (or oil) but that releasing small amounts from our Strategic Petroleum Reserve would, that is how F'---ed up your candidate is!!!

That is your lesson for today!
 
TheSnake said:
This thread has been around for almost a year with Members venting about the high prices of gas and other things. It goes dormant for awhile and kicks back up again. At the current rate, the Boss may delete it. Please let's keep it clean and not post personal attacks.
Robert,
I am afraid you may be right.

timeout said:
TheSnake said:
This thread has been around for almost a year with Members venting about the high prices of gas and other things. It goes dormant for awhile and kicks back up again. At the current rate, the Boss may delete it. Please let's keep it clean and not post personal attacks.

Hopefully, you do not take my last post as a personal attack. I pointed out the fact that the gentleman was not a site contributor, as well as the hypocrisy about "being informed". At no point did I use terms like you are an idiot, etc. I too, do not want to see this site become abrasive. It is fine with me if this topic is removed, as there are other forums to discuss politics. Just please do not expect me to sit idly by and accept misinformation - especially at a time when our country faces economic disaster and Government takeover of our Freedom.
Timeout,
Both your last two posts were spot on ;)

tome said:
JKOHLER..you hit it on the head...the dollar is the world currency..it's worth less because this country has had a weak dollar policy all the way back to bush's 1st term..soooo ..gas at the pump costs more..couple this with no real energy policy... an EPA that's out of control ...obamas need to curry the far left greens to be reelected..and you have the perfect storm

JKOHLER did hit the nail on the head but I am afraid it went over most heads!

jkohler said:
Tome
I'm buy no means a political guy at all or even that smart to say the least . I just read about history a little and do not listen to the news at all any more. Are credit problem stated way before any of the Bush's to tell you the truth. Look back to the start of the Fed Reserve and follow the money to the BIG BANKS. Banks make money on debt and that's where all leave that.
Franklin Delenoe Rosevelt!! started all this, when he took us off the gold standard, and started using the printing press method and backing our dollar with cheap promises!
Wayne.
 
While our distinguished "leader" is contemplating tapping into our SPR's, China meanwhile is adding to theirs, just another case of one empire falling and China ascending the ladder. They already own us economically.

Frank
 
I'm not throwing rocks at Bush..a week dollar policy makes U.S. goods cheaper overseas ( helps trade deficit ) and forreign good more expensive here ( makes U.S. goods more attractive at home ). On the surface all of that sounds good. Now the law of unintended consequences...oil and the dollar....the devalued dollar buys less oil..thus we (the consumer has to pay more at the pump .what i can't believe is the powers in being didn't realize this. In reality to sell more overseas..to increase manufacturing here..somebody in power said o well to higher gas prices and sticking it to all of us..for the grater good
 

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