Gas Prices = Apprehension for Next Season?

Moe Ghoul · Jun 12, 2008, 4:47 PM

It's a disgrace. Pakistan is looming as a far greater problem than Iran. But they have little oil.

mattchuck2 · Jun 12, 2008, 5:02 PM

Ehhh, I don't think a lot of people are thinking clearly when they say Iraq was a "war for oil". That would imply that we'd get the oil, and the oil would be cheaper.

I think the war was delibrately engineered to drive up the price of oil (and therefore gas) so that Bush's friends' oil companies and Cheney's Halliburton would take in massive profits.

I believe that the currency has been devalued for the same reason. There's no way that the Fed Funds rate should be at 2.00% right now. Isn't every other country around 4% or 5%?

My theories will be proven correct when Bush and Cheney get cushy seats on the boards of Oil and Oil Services Companies upon leaving the White House.

This may be too political for this forum, but you asked the question about Gas Prices, and this is what I think about them.

drjeff · Jun 12, 2008, 5:53 PM

Quote:

Originally Posted by mattchuck2

Ehhh, I don't think a lot of people are thinking clearly when they say Iraq was a "war for oil". That would imply that we'd get the oil, and the oil would be cheaper.

I think the war was delibrately engineered to drive up the price of oil (and therefore gas) so that Bush's friends' oil companies and Cheney's Halliburton would take in massive profits.

I believe that the currency has been devalued for the same reason. There's no way that the Fed Funds rate should be at 2.00% right now. Isn't every other country around 4% or 5%?

My theories will be proven correct when Bush and Cheney get cushy seats on the boards of Oil and Oil Services Companies upon leaving the White House.

This may be too political for this forum, but you asked the question about Gas Prices, and this is what I think about them.

The huge economic explosion of India and China, and subsequent vastly expanded oil demand of those close to 2 BILLION people, kind of shoot a few holes in your theories there

andyzee · Jun 12, 2008, 5:54 PM

Quote:

Originally Posted by 2knees

Death is recession proof.

mattchuck2 · Jun 12, 2008, 6:25 PM

Quote:

Originally Posted by drjeff

The huge economic explosion of India and China, and subsequent vastly expanded oil demand of those close to 2 BILLION people, kind of shoot a few holes in your theories there

Indeed . . . but I'm still convinced that gas prices would be $2 lower if we had never gone into Iraq . . . regardless of increased demand.

(Of course . . . I'm also convinced that gas would be $1 cheaper if there were tightened rules on commodity speculation)

mattchuck2 · Jun 12, 2008, 6:26 PM

To answer the original question, though, I'll think twice about long trips (like the Trip I took to Maine this past winter), but I'll still be at Gore every weekend.

YardSaleDad · Jun 12, 2008, 9:05 PM

Quote:

Originally Posted by Greg

Alternative energy/technology is not the immediate answer. I'm not sure what is, but come on....you don't think there is enough incentive for alternative energy already?

It is one of the two immediate answers. The other is conservation. Put one quarter of the resources of the "War" on terror into energy independence using existing solar, wind, bio, technology along with EVs and hybrids and we could say shove it to the Saudis in a few years. Oh yeah and it might help that global warming thingy.

Or we could subsidize more hummers.

wa-loaf · Jun 12, 2008, 9:26 PM

Quote:

Originally Posted by mattchuck2

Indeed . . . but I'm still convinced that gas prices would be $2 lower if we had never gone into Iraq . . . regardless of increased demand.

(Of course . . . I'm also convinced that gas would be $1 cheaper if there were tightened rules on commodity speculation)

Definitely, because the cost of oil wouldn't jump up every time Dick Cheney threatens to bomb Iran. The Iraq (whatever your opinion of it) has destabilized oil supplies and cut way back on production in Iraq. And it certainly seems like the Oil companies are thriving financially in this environment.

**Greg** · Jun 12, 2008, 10:03 PM

Okay. We're firmly into politics now. Let's try to get this back on track, shall we?

snoseek · Jun 12, 2008, 10:07 PM

I think all the little gunstock's, shawnee peak's, wachusettes, and sundown's are gonna make out real good from this. Could possibly be a shot in the arm for southern new england local/feeder hills.

Jun 12, 2008, 4:47 PM	#151 (permalink)
Moe Ghoul Join Date: Apr 2008 Location: philly Posts: 2,874	It's a disgrace. Pakistan is looming as a far greater problem than Iran. But they have little oil. __________________ 08/09: Killington- 3; CB-1 Total:4 CNBC: 9463rd 2%

Jun 12, 2008, 10:03 PM	#159 (permalink)
Greg Sundown: 11.30.08 Join Date: Jul 2001 Location: Thomaston, CT Posts: 22,521	Okay. We're firmly into politics now. Let's try to get this back on track, shall we? __________________ Greg 10/29, 11/21, 11/28, 11/30

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Jun 12, 2008, 5:02 PM	#152 (permalink)
mattchuck2 Join Date: Oct 2005 Location: Clifton Park, NY Posts: 764	Ehhh, I don't think a lot of people are thinking clearly when they say Iraq was a "war for oil". That would imply that we'd get the oil, and the oil would be cheaper. I think the war was delibrately engineered to drive up the price of oil (and therefore gas) so that Bush's friends' oil companies and Cheney's Halliburton would take in massive profits. I believe that the currency has been devalued for the same reason. There's no way that the Fed Funds rate should be at 2.00% right now. Isn't every other country around 4% or 5%? My theories will be proven correct when Bush and Cheney get cushy seats on the boards of Oil and Oil Services Companies upon leaving the White House. This may be too political for this forum, but you asked the question about Gas Prices, and this is what I think about them.

Jun 12, 2008, 6:26 PM	#156 (permalink)
mattchuck2 Join Date: Oct 2005 Location: Clifton Park, NY Posts: 764	To answer the original question, though, I'll think twice about long trips (like the Trip I took to Maine this past winter), but I'll still be at Gore every weekend.

Jun 12, 2008, 10:07 PM	#160 (permalink)
snoseek Join Date: Jun 2006 Location: Golden, Co Posts: 1,570	I think all the little gunstock's, shawnee peak's, wachusettes, and sundown's are gonna make out real good from this. Could possibly be a shot in the arm for southern new england local/feeder hills.