Re: $3.07/gal regular

Charles Beauchamp, you lecher, you monster, you lover of watermelon seeds; did you just mime the following on 4/22/2006 9:12 PM?
Zaphod Beeblebrox wrote:
Charles Beauchamp, you lecher, you monster, you lover of watermelon
seeds; did you just mime the following on 4/22/2006 7:15 PM?

<snip>
Ahem...personally I blame the price of gas on the big oil companies
since real supply and demand factors do not seem to really be in
effect regarding oil..to wit...there is no real shortage right now
yet prices are shooting up. Government doesn't have much to do at
all with this outside of..well...boosting refinery capacity and
encouraging more research. The
You are right, grasshopper. I'm cursing myself for not having
invested in oil stocks.

entire "reduce our dependency" crowd is out to lunch and unrealistic.
Indeed. The dialog should be on *reducing consumption* not opening up
new drilling options like Hymen wants.


Mmm...no that is unrealistic. The price of oil isn't being moved by usage demands. In the 70's and 80's we went through a craze in this country insisting on ever improving gas mileage. Today we drive cars that routinely get over 30mpg and we are paying higher prices for gas.


Whoa - wait one second! First, you have not factored in natural inflation. Second, you have not factored in the fact that OPEC really came into its own only after the mid to late 1970s. Third, you have not factored in the fact that the volumes of oil consumption today are an order (several orders?) of magnitude higher - in other words, increases in demand has vastly exceeded increases in supply.


We have more
people everyday. The only way you are going to reduce demand is to come up with vehicles that are not powered by gasoline..that are actually worth driving and affordable. Good luck with that one.


Not true. First, you can reduce demand by investment in infrastructure that reduced demand. A simple example: more mass transit systems. I would LOVE to take a bus or train from home to work rather than fill the tank up with expensive gasoline and pay exorbitant parking fees. But right now such an animal simply does not exist and commuting is not even an option for me from where I live. Second, we are the world's most advanced scientific and technological society. With sufficient investment there's no frigging reason why we can't come up with more commercially viable, energy-efficient technologies.


--
I'm so hip I have trouble seeing over my pelvis.
I'm so cool you can keep a side of meat in me for months.
.

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