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The Fight for Oil Is Killing Us All
Politics with a Liberal Bias |
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by The JavaScript Source
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posted by: ammegan (reply) post date: 05.29.07 (5:18 pm) I support you all through it. YOu have a very strong point! Bring your campaign out there...Thanks again for sharing! posted by: ropoy (reply) post date: 05.29.07 (6:59 pm) I'm really horrified with the oil price! Wish the government can do something! THanks for sharing. All the support I can give.. posted by: surrogate (reply) post date: 05.30.07 (5:11 am) What? You think that if we'd have spent 430 billion on developing alternative fuels we might be well along the road to complete energy independence? Silly man. Why do that when we can fight? What exactly are we fighting you ask? Oh I see. Now you're going to make it complicated. Thanks a lot. posted by: tfruge1 (reply) post date: 05.30.07 (5:15 am) Reply to: surrogate Lol. I can see that you see my point. 430 Billion! Bah! 430 billion can't buy nothing these days....yeah right! posted by: tfruge1 (reply) post date: 05.30.07 (4:31 pm) Reply to: Pantheist You are right. None of us will know if my idea will ever work because this administation is completly closed to any suggestions other than "kill 'em all." Bombs don't solve problems. They only create bigger ones. posted by: lenfanterrible (reply) post date: 05.30.07 (6:19 pm) I agree with Pantheist. posted by: heavyarms (reply) post date: 05.31.07 (8:06 am) Ethanol is a pipedream. Check out my post "The Mythical Ethical Ethanol" from 5/24/07. I'm in favor of alternative fuels, but ethanol ain't the answer. Ethanol is good for only one group of people, corn farmers. Come on, please don't tell me you're still buying in to that "War for Oil" BS. If we went to war for oil, then why have gas prices risen since we started the whole thing? All you've got to do is look at the Law of Supply and Demand to debunk that theory. 1) "We went to war so we could increase our supply of oil." This is obviously false because if we went to war to acquire Iraq's oil reserves, we would have increased our supply of oil. Increasing the SUPPLY of oil decreases the demand for that product. Decrease the demand and prices would have gone DOWN as companies dropped their prices to compete with each other to get us to buy their product. 2) "We went to war so George Bush could make his 'oil buddies' rich." The best way to increase the price on something is to increase the demand on the product. If George Bush wanted to make his "oil buddies" rich, he'd do something to DECREASE the supply of oil, making it an "in demand" product. If the demand for a product goes up, then suppliers can charge a premium price for it. We get over 60% of the US oil supply from Mexico, Venezuela, Canada, and the UAE. We only get 7.5% of our oil from Nigeria, and Iraq supplys us with less than they do, so going to war to DISRUPT their oil supply and increase demand doesn't make much sense, either. What are the other reasons? I can't ever remember them all. The problem in America is that we don't have a supply to meet consumer demand for oil. The problem, though, isn't with the Middle East or the Earth's decreasing supply of oil, it starts right here at home. There's plenty of crude oil to go around, but we don't have the refining capacity to turn that crude into a usable product. There hasn't been a new oil refinery built in the US in over 30 years (the last one opened in 1976), and there are half as many refineries operating now as at that time. Crude suppliers realize this and rather than shipping us as much crude as they can (decreasing the demand for their product) they simply ship us as much crude as we can refine, otherwise there would be a bottleneck effect. They also have to meet their own country's rising demand for oil as their economies improve, so they have less to export to us, further decreasing the supply. Since they are decreasing the supply (increasing the demand) the price for crude goes up. Since oil companies have to pay a higher price for crude, you have to pay a higher price for their product. While oil company profits are at an all time high (I'm sure you've heard "Record profits for BIG OIL"), oil company profit MARGINS are substantially less than other industries (financial, etc.) Oil companies make a lot of money, but they also have to spend a lot of money to do it. Also consider that gas companies have to make different blends to meet environmental requirements in each state, and in some cases different local requirements within each state. If there is a shortage in one geographical region, you can't just ship in refined gasoline from another region to meed demand. My personal opinion, we build the refining capacity to meet estimated demand for the next 20 years (i.e. overbuild), and just burn the hell out of gasoline, use it all up. Then we have no choice but to find a better, more cost effective fuel source, develop better mass transit systems, etc. |
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