HellaDumb

iTrader: (3)

WE LIVE IN AN AGE OF GREED AND CORRUPTION!

Greed in gas prices started under Clinton, whether he had anything to do with it or not. I remember paying $30 to fill up my F150 when regular unleaded was over $1.50, and the price per barrel was not much lower than it is now. That'd be over $50 bucks today!!!

I thought a republican administration would help, but they are in on it too... and even more.

The two major factors today (China and world demand is a red herring, IMO) are greed and government taxes.... Gas station owners and the partent companies today make an unprecedented profit from gasoline. It's obvious there is collusion, but the government won't do anything because they are in on it.

Think about what a boon the gas prices are for our government!!! The higher the prices go, the more taxes the gov't gets. Do you think government budgets could afford prices to drop to $1 per gallon? Ain't gonna happen.

Think our government really wants alternative fuels? Definitely not, unless they can continue to tax it in some equivalent fashion to petroleum based fuels.

This is not a republican/conservative/democrat/scumsucker issue..... they are all in on it.

Salty

iTrader: (14)

Can you present strong evidence that one of the main objectives was for oil, Unregistered? I think it was on the agenda regarding Iraqi’s economy and trade with the US but I don’t think it was anything to cry about.

I think we tackled this before here: https://www.i-club.com/forums/showth...barrels+canada (around posts 14-45)

I don't see any problem having an interest in oil on top of what we're currently doing in Iraq. I can't understand why people are so up in arms about tapping into the lifeblood of the planet regarding oil trade with the new Iraq. Yes, there are electric alternatives to oil but they still aren't as cost effective compared to the MPG friendly civic.

Let's not beat this horse again. OPEC and US price controls control the show here. There's a reason why you hear stories about the "good ole days" from your grandparents about the price of goods and services. The days of .98 gas at the local AM/PM are long gone. It has little to do with the war and insignificant amount of oil in Iraq and more to do with the fact demand is outpacing supply. Especially in powerhouse countries like China and the United States. Also, the cost to produce gasoline and other products from a barrel of crude has risen.

As long as this trend continues you can kiss any reasonable gas prices goodbye.

HellaDumb

iTrader: (3)

Check it:

http://www.wtrg.com/prices.htm

MVWRX

iTrader: (1)

Not only that, but electric and hydrogen powered cars are not even an alternative energy source. The electricity used to run an electric car either comes from a hybrid engine or a powerplant (that probably burns fossil fuels). And hydrogen comes from electricity, which comes from the plant that burns fossil fuels. Basically, we're screwed...but the argument that we 'have' oil that we're not drilling is rediculous. It'd be like one drop of rain (how much oil we have in CA and other untapped reserves)compared to an ocean (the amount of oil in the middle east and south america). I doubt drilling every drop of oil out from under the US would even lower gas prices 1 cent a gallon.

dub2w

here we go again... what are you gonna lock this thread if he doesnt? the war in iraq had everything to do with controlling that part of the middle-east and controlling the flow of oil. no need to be polemical... this is obvious to most of us.

oh, if you can tell me the real reason we went to war in Iraq then beer is on me.

good point mvwrx. the argument that drilling in the US would be the panacea to our oil problems is asanine. what drilling in alaska would do, however, is feed the coffers at Halliburton

Salty

iTrader: (14)

I locked that thread because you and everyone else failed do present evidence to the contrary. I still have not received a PM to unlock the thread. Not even with information from a psoper-like source.

How are you going to buy me a beer over opinion? At least when I offered beer I gave everyone a chance to present something real.

I'm curious as to why you think oil is such a big part of the agenda. I think it was certainly part of it but I’m willing to bet it was further down the list than you suggest. Maybe somewhere on the second page with military presence and democratic stronghold in the region on the first?

I mean what's there to gain in Iraq oil that we didn't already have as recently as 2003?

It's a fly on the piece of dog-**** planet we live in regarding imports. We already got oil imports from the middle east & pre-war Iraq and aren't going to have the opportunity to steal the fields away from the new regime. Where's the change from before? I don't get it. If anything, prices should have dropped because of our stronger influential grasps on OPEC. If not now then they certainly should very soon.

Even if we did gain complete control of the fields (which won't happen) it would take years to pay-off the debt used in the war. Where the justification in that?

MVWRX

iTrader: (1)

No, we didn't get oil from pre-ar Iraq. We used to, in the 80s. But then Saddam cut us off. We haven't gotten oil from Iraq in years (almost a decade I think). WIth the new regime, however, we will be the #1 customer in line for good prices on their oil...after all, what better way to thank the country that liberated you than to kick down some good oil for cheap.
BTW, much of this info is in a great book about the impending oil crisis. And in the book (written in 01 or so), the author predicts the second war in Iraq. It's called The Party's Over.

http://www.amazon.com/exec/obidos/AS...824705-6098228

I'm not saying this guy is infalible or has predicted the future perfectly, but the book brings up a lot of interesting points and is more analytical than most on the subject.

Unregistered

Maybe I didn't make it clear I honestly wonder where the oil we got from Iraq has gone. I would think it would make a difference. I wasn't crying about it. Just asking a question.

Yes we have so not going that route.


I wasn't trying to beat a dead horse, I was asking some questions that have come to mind of late. The Iraq part was just a "wtf" since if I remember right Iraq has one of the largest oil reserves in the world. So if we control it why isn't it flooding the market and kicking OPEC in the *****?

Also how come its costing more to produce gasoline and other products from a barrel of crude? I would think with the more technology involved it would get cheaper. Am I just mistaken?

Honestly, this thread was not intended to be, look at Jr and how even though he went to Iraq gas prices still rising. I just wanna know about the questions I asked.

Salty

iTrader: (14)

Nice try. Re-read that book or burn it.

You're half right.

We didn't get any oil from Iraq from 1991 to 1996 from Iraq because of sanctions. We did in 1997 to 2003 on an annual average that's much higher than the 80's and beyond.

See: http://www.eia.doe.gov/emeu/aer/txt/ptb0504.html