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Why are gas prices so high?

 
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cerveloguy

Apr 30, 12 10:47

Post #26 of 30 (274 views)
Re: Why are gas prices so high? [scorpio516] [In reply to] Quote | Reply
"You are saying we should nationalize all oil production and subsidize the hell out of it."

Do you think you're not you're already subsidizing Big Oil by the what you're paying at the pumps? At least by nationalizing their oil Venezuela can claim ownership of it.


Eppur si muove

Apr 30, 12 10:54

Post #27 of 30 (273 views)
Re: Why are gas prices so high? [cerveloguy] [In reply to] Quote | Reply
Not by any ordinary understanding of what "subsidize" means. Even definition 3 doesn't work, since when I pay at the pumps I get gas as my quid pro quo.


sub·si·dy   /ˈsʌbsɪdi/ Show Spelled[/url][suhb-si-dee] Show IPA[/url]
noun, plural sub·si·dies.
1.
a direct pecuniary aid furnished by a government to a private industrial undertaking, a charity organization, or the like.
2.
a sum paid, often in accordance with a treaty, by one government to another to secure some service in return.
3.
a grant or contribution of money.
4.
money formerly granted by the English Parliament to the crown for special needs.


OneGoodLeg

Apr 30, 12 12:45

Post #28 of 30 (265 views)
Re: Why are gas prices so high? [Eppur si muove] [In reply to] Quote | Reply
Definition #2 seems to fit pretty well... we help police the ME through military aid in return for friendlier treatment from the oil sheiks. Do you really not think we devote a disproportionate amount of our military expenitures towards maintaining order in oil-rich regions while we essentially just look the other way in many parts of the world that are equally dysfunctional if not more so (e.g. much of central Africa)?


Eppur si muove

Apr 30, 12 12:53

Post #29 of 30 (259 views)
Re: Why are gas prices so high? [OneGoodLeg] [In reply to] Quote | Reply
Cerveloguy was talking about subsidizing them "at the pumps." We no doubt subsidize them through our tax money (including military expenditures), but not through what we pay at the pumps.


(This post was edited by Eppur si muove on Apr 30, 12 12:54)


j p o

May 9, 12 7:12

Post #30 of 30 (219 views)
Re: Why are gas prices so high? [Miguelon] [In reply to] Quote | Reply
Did you forget to update this thread?

Gasoline prices likely won't set any records this summer, thanks to a recent drop in the price of oil.
The government Tuesday slashed its forecast for average gas prices to $3.79 per gallon for the summer driving season. That's down from an initial estimate of $3.95 and below 2008's record average of $3.80.

http://bottomline.msnbc.msn.com/...mmer-gas-prices?lite

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The New Specialized Wind Tunnel
Will this be a game changer for Specialized, in both sales and product design, or will it not move the sales and design needle versus those in Specialized's competitive set?
Yes, Game Changer
Minor move forward
Won't budge the needle