I prefer to get my eduaction on sport's boards. Are the guys that run this shit ruining the world? What the FUCK? Who and Why...anyone?
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 saltybulldog
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Cliff's Notes request: Commodity Speculators and Stock Futures... |
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Posts: 97 May 2, 2008 12:45 PM Registered Member |
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CFOEagle |
Damn good question | #1 | ||
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Posts: 20 May 2, 2008 12:53 PM Registered Member |
I told somebody last week that it was being done by terrorists - they couldn't take the US down with violence so they were doing it this way. I was half
serious.
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RounderReb |
#2 | |||
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Posts: 52 May 2, 2008 1:11 PM |
The illuminati runs the world. We just live in it.
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SoxFan343 |
Personally I think | #3 | ||
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Posts: 2784 May 2, 2008 1:12 PM Registered Member |
Its just a shit situation. There isn't really an easy fix for the gas situation.
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Ad Wizard |
#4 | |||
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Posts: 36 May 2, 2008 1:54 PM |
There are solutions to high gas prices.
1. Build some fucking refineries damnit 2. Drill Alaska Energy Crisis Solutions 1. Build new nuclear power plants and tons of them 2. Invest heavily in alternative energy- all will play a role- we are a long ways from fuel cells Commodity Price Solutions 1. STOP corn based EHTANOL!!! It's one of the worst ideas ever. EVER. Using food for fuel is fucking stupid. This is a short term solution. The BRIC countries (Brazil, Russia, India, China) will continue to grow and eat western style diets. Food prices will double within 5 years. No stopping it in the long run even though there will likely be a short term pull back. Oh, and if oil companies are taxed higher, then gas prices and oil prices will increase. Let's not be fucking stupid (or any more than we already are). |
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HighLifeRebel |
So... | #5 | ||
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Posts: 112 May 2, 2008 2:33 PM |
would it follow that if they were taxed less then they would lower prices? Please don't tell me you think they are that stupid.
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cleverusername |
does anyone know how to join the illuminatae? | #6 | ||
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Posts: 99 May 2, 2008 2:41 PM |
I'm pretty sure that would be a good gig. If any of you are currently members I would like to submit my application. I would also accept Skull and Bones,
Knights Templar, Priori of Scion, or a CEO position with a Fortune 500 company.
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Reb Dude |
#7 | |||
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Posts: 125 May 2, 2008 2:51 PM |
Agree.
Drill in ANWR! The area in Alaska is about the size of Georgia, maybe a little bigger. The way they drill oil now, would do little to no harm to the area. Plus, the area that they have to drill would equal about the size of a mid-sized town. Probably about the size of Athens, GA. It may take a while 3-5 years for that oil to hit the market, but with 'new oil' in the future hitting the market, it may help lower prices. That's one thing the environmental folks never thought about, that there would be dramatic improvements over the years on how we get oil out of the ground. Research and Developement $$$'s need to go elsewhere than to oil businesses. They could give a rat's ass about alternative fuels. If they do find one, they'll just bury it and we'll never hear about it. Nuclear Plants. Build them, use them. Freakin' France has them all over. Build some new refineries, dammit! There hasn't been a new one built in the States in 30 years. When one or more go down, (Katrina or for repairs), we'd have plenty in reserve and not be handcuffed. We only need ONE GRADE of GAS. Why 3, there's hardly any difference between any of them and with the new computer systems in cars now, you hardly ever get any of the 'knocks' that you used to get. Why ship out 3 different grades of gasoline. Wasteful. |
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Ad Wizard |
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Posts: 37 May 2, 2008 2:53 PM |
Well the correct answer is that it depends, but based upon our simple model of conversation...the simple answer is yes.
By the way Hillary's gas holiday tax is damn retarded. All gas holiday taxes are dumb. God save us from that whore of a bitch. A gas tax holiday would increase consumption while supply would remain unchanged. Gas prices would then be artificially low for X days and then after the gas holiday prices would reset to higher rates than they were before the holiday due to decreased supply. Then maybe prices would restabilize...I don't know. If anyone else has a scenario I'd love to hear it. |
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SoxFan343 |
I don't think hes calling for them to lower taxes | #9 | ||
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Posts: 2785 May 2, 2008 2:57 PM Registered Member |
I just don't think he thinks taxing them more is going to benefit consumers at the pumps.
None of those are easy answers. Building refinaries and nuclear power plants isn't an easy fix. |
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645CI |
#10 | |||
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Posts: 626 May 2, 2008 3:15 PM
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1st of all in our grandchildren's lifestyle, the traditional production and refinement of oil will be obsolete.
As long as companies like Valero and Exxon have muliti- BILLION cash surpluses we will never see any real R/D on alternative fuels. I'm guessing the way it will go will be to use the most abundant resource (Hydrogen). But , that's not happening any time soon.
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someonestolemyusernamedamnit |
The hell there isn't. | #11 | ||
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Posts: 4184 May 2, 2008 3:19 PM Registered Member |
There isn't really an easy fix for the gas situation. It's quite simple. Oil problems: Long Term: Continue to explore/develop alternative energy sources Short Term: Build more refineries, drill in Anwar, drill in the Gulf, get the fuck out of the middle east Other than oil: Go back to the gold standard. Abolish the Federal Reserve. Cease and desist all unconsitutional practices including the federal income tax. edited to add: And, whoever the next president happens to be, their first order of business should be to show up at UN HQ in NY and nail an eviction notice to the front door, Martin Luther style.  |
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SoxFan343 |
Since this is a sports board | #12 | ||
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Posts: 2786 May 2, 2008 3:31 PM Registered Member |
I don't want to get into all the other problems with uprooting the income tax, but here is the obvious reason not to do it:
It could be a diaster that could potentially bankrupt the whole fucking country. Securities markets (a huge part of our economy) would have so much unpredictability that things like mutual funds (you know those things that half the country is invested in) would be put in huge jeopardy. Agree or disagree with the principles behind the income tax, if you were to cease and desist the income tax, you'd be putting the country in a situation no one could predict. It could be the biggest financial diaster in history. Any economist or financial analyst with any sense will tell you that if you want to change the tax structure in this country it would have to be very gradual. Cease and desist is way to much of a risk. |
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HighLifeRebel |
That's definitely the simple answer... | #13 | ||
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Posts: 112 May 2, 2008 4:56 PM |
but it's not the right one. Gas is an almost inelastic good. People are going to buy it almost no matter what. If you are making say (and this is only
an example, i don' t know the real numbers) 2 bucks off of ever gallon of gas you sell at 4 dollars a gallon and you are paying 1 dollar in taxes for every
gallon and it's costing 1 dollar a gallon to make it. Why would you lower the price if the taxes were reduced to 50 cents? People are still going to buy
it for 4 dollars. And don't give me that free market shit. I don't believe for one second that it can truly exist in the gas market, much less
anywhere else.
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HighLifeRebel |
That's not a long term fix... | #14 | ||
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Posts: 113 May 2, 2008 4:58 PM |
by keeping the dependence on oil strong, you are continuing the same vicious cycle
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DesotoCountyDawg |
Ethanol is just a part of reasoning. Ending production would do very little. | #15 | ||
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Posts: 1621 May 2, 2008 5:13 PM Registered Member |
In the last 2 or 3 years there have been serious shortfalls in production agriculture all over the world and it has caused the once huge surplus of grain to
fall off to a shortage. Australia has been in a severe drought for almost 4 years now and it has decimated their wheat and rice crops. China has seen its
fair share of bad weather as well. The US wheat production the last 2 years has been atrocious. It all forms together to form a large shortage. Also in the
mix is a bevy of hedge funders from the fuel markets jumping into these food commodities which doesnt help at all. Take into consideration the weak dollar.
It works in a cycle just like everything else. Give it time and it runs full circle.
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rebmus |
RE: "The area in Alaska is about the size of Georgia". No, much smaller. | #16 | ||
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Posts: 360 May 2, 2008 5:32 PM |
The proposed area to drill is about the size of the Memphis airport. The Memphis fucking airport... and tree huggers oppose it b/c some obscure penguin (or
whatever) may be harmed.
Republicans are crooked enough to sicken me but Democrats are just fucking ignorant sometimes. |
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jackstefano |
you must be a fucking blast at a cocktail party.* | #17 | ||
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Posts: 1058 May 2, 2008 7:05 PM Registered Member |
*
"Maybe I'm the only one, but I don't really care if a dog shits in my yard." RebelBruiser
"If I die or go to jail, it's not a big blow to MSU athletics." Todd4State |
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someonestolemyusernamedamnit |
nm | #18 | ||
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Posts: 4187 May 3, 2008 2:11 AM Registered Member |
nm
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someonestolemyusernamedamnit |
The vicious cycle | #19 | ||
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Posts: 4188 May 3, 2008 2:11 AM Registered Member |
is us taking it up the ass every time the Middle Eastern oil countries take a notion to fuck us. If we'd use the oil we have in our own country, we
wouldn't have to worry about that.
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