View Single Post
Old 03-17-2012, 06:37 AM
  #3  
roadkill2
Senior Member
RACING JUNKIE
 
Join Date: Jan 2012
Posts: 628
Default

It's not really that simple . . There's several reason why Gasoline is so damned high . . some of which has to do with the present administration, some having to do with free enterprise, and some having to do with the consumers themselves . .

First, there's the "WORLD MARKET" which, more or less sets the overall need or demand for Gasoline or any other commodity. Looking at that, basically, if gasoline in Bumfuck, Egypt is selling for $10.00 a gallon, most refiners are going to want to sell to retailers in that area, no matter where the oil came from, or where it was refined. And if all the refined product is going to Bumfuck, it drives up the price in Craphouse, Texas . .

Then . . Being a commodity, it's also bought and sold as a valuable . . on the futures market, again, worldwide . . and the traders are a panic stricken bunch of chicken littles, usually trading on the margins or credit. If an Arab farts in Bahrain, the price goes up again in Craphouse . . . Because, the wholesaler in Craphouse is going to have to replenish his stock of gasoline with a higher priced product.

And on to the consumer, who, when he isn't getting himself screwed by gas prices, politicians and speculators, screws himself by his choice of vehicles he will spend most of his time in . . How about the guy who lives in Flungdung, Louisana, who buys himself a full size Tahoe 4WD to drive to work everyday? Granted, that's his perogative, but wotta waste . . he doesn't really need a 4WD to commute. There's no freakin' snow in LA. And that's just one example . .

And the politicians. Yes, the F--king Politicians. All of them! Like the Economy, which all of them have had a hand is screwing up by borrowing more than the entire population of the planet can pay back in the next 100 years, their energy policies, for 50 years, have sucked. Too many Progressive Environmentalists have influenced (again with bad science) government regulations, and the politicians have let the bureaucracy run amok, charging the taxpayer and consumers for their environmental experiments . . most of which were based on flawed science and bad ideas . .

Then, again, with the Politicians, there's the "Tell them only what they want to hear" energy Policy. Take the Keystone XL Pipe line project. It's been a political football. The head @sshole won't approve it because of "Environmental Considerations" and his Leftist base. The Republicans are screaming to high heaven about the "Lost Jobs" and how much the completion will lower the price of gasoline . . Neither side is telling you how it really is . .

Canada wants to sell it's oil from the Tar Sands to the world, not just Central USA . . Which is why, today, in the middle of the country, (Flyover Land) gasoline prices are cheaper than the Coasts and periphial USA. And . . Canada will not, no matter how loudly they proclaim otherwise, build a pipe line across the Rockies to Vancouver, where they will, as the Prime Minister threatened, "Sell their oil to China" . . Their own Environmental Impact Statement decreed that they won't. That being said, once the Keystone XL Pipeline is built, the refinerie(s) that it feeds on the Gulf Coast will be in a tax free "Enterprise Zone, and the refined products from those refineries will be sold on the world markets, and because of the enterprise Zones, Canada won't pay a damned dime in taxes to the US . . And gasoline (and diesel) prices will be just as high (because of the above) as they are now . . And . . they will still be "Selling their oil to China"!

I'll get off my soap box now and somebody else can have it . .
roadkill2 is offline