Comments on: Pain At The Pump

By: David Huie Green

David Huie Green — Thu, 03 Mar 2011 13:22:52 +0000

Speculators speculate every day, the prices don’t go up every day. I can’t think of any who’ve been bailed out because none of them is “too big to fail”.

By the way, “speculate” is a synonym to “guess.” It means they guess at what they can sell something for at some point in the future. If they guess well, they make money; if they guess poorly, they lose money. And just like so many other things, you are free to put your money where the money is and become a speculator.

By: citizen g

citizen g — Thu, 03 Mar 2011 03:07:24 +0000

ed is right on the money .oil companys have little to do with gas prices. neither does supply and demand. these speculators are to blame. they are using free money from the fed. they cant lose. if oil goes down obama will bail them out again and again. and the people will lose again.

By: Jim W

Jim W — Tue, 01 Mar 2011 21:32:56 +0000

David you the man! Good post man just telling it the way it is. Love it.

By: art

art — Tue, 01 Mar 2011 15:54:20 +0000

fact is, unrest in middle east really makes our access to middle eastern oil in a precarious position. no wonder we have opened up deep ocean drilling in the gulf again. just makes me sick in the pit of my stomach. (sorry people that make your living offshore and all that.) but what about all the folks that make their living off the fish. i see where bp is begging some federal judge to dismiss the majority of insurance claims against it claiming they didnt follow the proper procedures when filing. greediness!

By: Dixie Chick

Dixie Chick — Tue, 01 Mar 2011 04:37:48 +0000

Hawghead,
You might as well give up. You can’t outdebate Local Yocal!! David Huie Green, You’re a hoot. Love your posts(usually)!!

By: David Huie Green

David Huie Green — Mon, 28 Feb 2011 19:04:12 +0000

Why’d I do Chevron more than once? must be more of the conspiracy

By: David Huie Green

David Huie Green — Mon, 28 Feb 2011 19:03:11 +0000

REGARDING:
“Yes the oil companies control the price of gas.”

Just for the fun of it, let’s assume this statement to be true. Now let’s consider what that requires for it to be true. To control the price, all have to agree what to charge. After all, if everybody but ONE holds to one price and the other sells for a dime a barrel (42 gallons) less than the others, that one gets all the sales up to his entire production capacity.

Who are our conspirators?

Hugo Chavez, communist dictator of Venezuela has Citgo.
He must be cooperating with Muhamar Ga-daffy, crazy killer dictator of Libya.
They both have to be cooperating with theft-prone Nigeria on it’s prices.
Royal Dutch Shell and
with British Petroleum and
with Chevron and
with Total of France (French are notoriously cooperative with non French)
and the
Brasilian petroleum company and
with the government of Mexico and their Pemex oil company.

All of these have to be cooperating with the Russian companies (rumored to be untrustworthy),
with the government of Iran,
with the country of Norway and its oil production,
with Egypt and it’s military rulers,
with the Kurds in northern Iraq,
with Murphy Oil Company,
with Chevron,
with Exxon,
with Saudi Arabia,
with Qatar, and
with thousands of other oil companies.

In fact, any of YOU are free to start your own oil company or buy out some other one. Remember if you can sell petroleum pennies cheaper than anybody else, you can sell all you can produce.

Or maybe you can join the vast right wing conspiracy assumed here and make less than you would have otherwise.

Sounds silly, doesn’t it?

That’s because it is.

David to conspiracy theorists

By: Yellarhammer

Yellarhammer — Mon, 28 Feb 2011 18:54:23 +0000

Well look at that a BP sign I guess there getting there loses back.

By: Sew-Sew

Sew-Sew — Mon, 28 Feb 2011 18:26:02 +0000

Actually, Art, I help financially with family and I have a good job & work every day and here’s the real deal. When I see a list of ways people can do “cut-backs” I have to laugh because I live like a person already with “cut-backs”. That’s the “norm” for me. I am still wearing winter boots that I bought 10-11 yrs. ago. Still wearing some clothes that I bought that long ago. I buy from the sales rack when buying anything new. I take very good care of the things I do have and yep, already repairing by sewing by hand rips & tears. I don’t splurge on a lot of make-up. About once every 3 months I do as some people would say “splurge” on the hair which should be done every 6 weeks. I drive a car that gets good gas mileage & watch my driving around so I can go almost 2 weeks on a tank. Not sure with the rising gas prices that I will be able to continue that.
But, I do understand where you are coming from with little things that people can do to manage money.
As far as the whole subject of this article, I don’t believe the cost of oil & gasoline have a whole lot to do with supply & demand. It has more to do with the oil producers & companies using whatever turmoil is going on in the world as an “excuse” to raise prices.

By: art

art — Mon, 28 Feb 2011 17:10:12 +0000

and i sure am sick to death of going out and needing to buy something little like a hand mixer or a can opener and lo and behold i cant find anything but what come from china. and in two months it breaks and off to the dad gum landfill it goes. boils my blood. so i ask myself, do i absolutely must have/need this item on any and all purchases. we got to take care of each other and our stuff people.