It takes 3-6 years after the permit is in hand to get a drop of oil out of a rig, who was in office 3-6 years ago? Blame Bush......
Go look up and study "oil futures" and "oil speculation". Learn something before popping off. Speculation seen adding $600 to your gas bill Will Federal Regulators Crack Down on Oil Speculation? Wall Street Oil Speculation Driving Surge in Gas Prices Who said it was a problem? :huh: It was a prediction that this speculator-fueld runup is a bubble, not a trend. You are just being contrary without thought. Who are you trying argue with? I'm the one that just said that prices are set by supply and demand, not by Presidential policies! :insane: Ask an honest question and I'll give you an honest answer. You mischaracterize my position, attempt to speak for what I should be thinking, presume that there are problems with my imagined position, and mischaracterize them as fake. This is about the lamest post I have ever seen from you. No substance, no evidence, and no style whatsoever. Sourdoughman is kicking your ass today.
assuming speculation makes your gas more expensive, why is this a problem? the sense of entitlement of some people is insane. why are you entitled to a certain price that pleases you? if speculators are driving up the prices, then stop buying so much, or put your own money behind this speculation. again, if you favor cap an d trade, and you are always too cowardly to answer whether or not you do, then why would you oppose higher fuel prices? higher fuel prices will lessen consumption, which is what you want! is there anything that you do not percieve as a problem for government to fix? jesus dude, oil costs what it costs, buy it or dont, stop trying to conjtrol every single thing on earth.
you did: "Speculation is one of the biggest problems right now" - red i guess you were joking. i know you enjoy pretending i am inventing your stance for you, because you like to speak before thinking and need me to help you regulate your crazy ideas about massive government. again, speculators invest in things, they arbitrage and make money, or they dont. its not your concern. if you cannot afford fuel or heating oil or whatever then i think you should re-examine your choices, and stop accusing everyone else of being the problem.
Duuuhhhh! Because it raises the price of gasoline above what is reasonable as far as supply and demand is concerned. It causes price bubbles as speculators try to make a profit on prices and they do for a while. Then there comes a glut and many of them start losing money. Meanwhile consumers must put up with wild price swings which put a damper on the economic recovery. That is not the issue, your ignorance of the economics of oil pricing is showing. Thank you Grandma. Go back to bed, now. You have wandered completely away from the issue. You are a liar. I have answered this in a half dozen threads and you seem to have selective memory or are just being obstinate. Argue what you want to argue but never try to make points and argue for me. How stupid can you get? This is another lame attempt to derail the discussion into a martinesque rant against global warming and big government. I have not advocated any government fix to high gas prices anywhere on this thread, you friggin' lunatic! My point was that Obama can do nothing much about prices and that private speculation is a problem. Read the sources and learn something. You are totally unworthy of arguing anything today.
We're all doing that, doofus. Everybody does. This has nothing to do with the discussion about why gas prices are high and whether Obama is responsible. Stop trying to stifle discussion. I'll talk about whatever I want to. Got that?
why does red define what is reasonable? i say the price is what it is, and you can buy it or not buy it. you can speculate or not. mayube you should buy some futures and smooth your prices out by profiting on the higher prices during the bubble. or maybe you could contunie to act like a communist and try to control th eprice of something that is not any of your damn business. that is becaues it is, in the most literal sense, none of my damn business. how do you suggest solving this "problem", komrade? does it involve jackbooted stormtroopers "saving" is from the dangerous of the free market? how about you sell your damn SUV instead?
just answer this question. why is it ever a problem that any given item is expensive? its certainly not a problem if you are selling that item. there are buyers and there are sellers, of everything. what takes sides? why use the governemtn to kick in the teeth of the other guy? speculation may have an effect on prices. so be it. why is that a "problem"? who decreed that a certain price is correct or "better"?
Because I am pragmatic and I'm listening to the economists. Who cares what you think, you can't even drive. The discussion is about gas prices and you are offering your personal elitist theories on purchasing decisions. :insane: Who says I'm not. Again this is martin ranting, not a discussion of gas prices. Ahh, I love it when you finally lose control of the argument and resort to the banzai suicide charge as a distraction. This ain't about communism, its about the economics of supply and demand. This ain't about me "trying to control the price of something", it just me having an opinion you don't like and a position you can't shake. Ignorance is bliss, ain't it? It involves magic and the wrath of God, you damn fool. Great Scott! I've just gotten the flux converter installed.
This was asked and answered in post 85. Get your chit together and quit drinking so much. Come back when you have something new.
