AgeOfEnlightenmentSCP
Distinguished Associate
Joined: Dec 21, 2010 11:59:07 GMT -5
Posts: 31,709
Favorite Drink: Sweetwater 420
|
Post by AgeOfEnlightenmentSCP on Apr 26, 2011 15:34:47 GMT -5
Since the FED has printed even more money, it takes more dollars to buy that oil, and gas. Silver up 400% Gold up 100% Oil up 100% all in just 2 years or so. Has that long feared inflation factor finally arrived? And then there's this...
|
|
AgeOfEnlightenmentSCP
Distinguished Associate
Joined: Dec 21, 2010 11:59:07 GMT -5
Posts: 31,709
Favorite Drink: Sweetwater 420
|
Post by AgeOfEnlightenmentSCP on Apr 26, 2011 15:36:40 GMT -5
Here's the irony-- and make no mistake, this is what Obama is itching to do-- price caps do not work. If they cap oil at $100 now, production will cease and you won't be able to buy it at ANY price. Further, if and when supply dictates oil should be at $20 a barrel-- it'll be STUCK at $100.
The answer is to address the destructive policies of the Obama regime and get this country back on track.
|
|
Deleted
Joined: May 8, 2024 13:00:20 GMT -5
Posts: 0
|
Post by Deleted on Apr 26, 2011 15:42:35 GMT -5
" I will also never buy a home 'because it's close to work' as a main selling factor. It's never worked out for me, and I just can't believe that I would be at the same office (even if it is the same company) for 10 years. A person doesn't need to buy near their job - but they should think about where the job centers in their area is. This usually means buying a smaller, older property. That is an entirely different topic.
|
|
Deleted
Joined: May 8, 2024 13:00:20 GMT -5
Posts: 0
|
Post by Deleted on Apr 26, 2011 15:45:34 GMT -5
Going to slightly alter a sentence of yours: We have a system that has made us as a society a bunch of whiners. Oh get real. It is not whining to recognize a system that is out of whack and work to change it. And the start of that is to be talking about it. You people are talking like running our cars is the only thing affected. Food prices are increasing (and they haven't even passed on all the increased costs yet) as well as most goods and services. I am talking about transportation costs. What I've suggested should have been done with fuel taxes would have also pushed efficiency in the production and transportation of goods.
|
|
Deleted
Joined: May 8, 2024 13:00:20 GMT -5
Posts: 0
|
Post by Deleted on Apr 26, 2011 15:48:08 GMT -5
The price of gas is jumping because of speculators thinking we MIGHT have a shortage some time in the future. Grrrrrr! Isn't there some way to keep them out of it?!?!?!?! Why might they think that? I mean we've only got a President and a regime that let Shell spend $4 billion dollars on oil leases in Alaska but denied them the permits to drill over concerns about "emissions", We've only got a regime whose leader talks about taxing and punishing oil companies every time he opens his mouth-- who do you think pays those taxes? We've only got a regime that has stiffled domestic energy exploration, production, and refining at every turn-- we've only got an administration with a completely incoherent foreign policy vis a vis the middle east where we get a lot of our oil. Don't blame the oil companies and traders for Jimmy Carter's second term. Blame Democrats. but but but but domestic oil production is at a 20 year high some will say! Of course that is a result of policies started under Bush and the high price of oil the last 5 years leading to greater investment. Obama's hostile policies will hurt production down the road and traders have every right to price that in.
|
|
Deleted
Joined: May 8, 2024 13:00:20 GMT -5
Posts: 0
|
Post by Deleted on Apr 26, 2011 15:52:54 GMT -5
To the OP - the problem here is, you don't want to discuss the truth. "Speculators" can't operate in a vacuum; they can only exist in a climate of uncertainty. If people take personal responsibility in large numbers for the problems we face, the speculators will find their own throats slashed as their positions are wiped out.
|
|
fairlycrazy23
Senior Member
Joined: Dec 27, 2010 23:55:19 GMT -5
Posts: 3,306
|
Post by fairlycrazy23 on Apr 26, 2011 16:16:07 GMT -5
Speculators are for future oil, not current oil. It is mostly simple supply and demand, but it is interesting that gasoline prices have outpaced oil, so it appears that something else is effecting the price at the pump.
|
|
Deleted
Joined: May 8, 2024 13:00:20 GMT -5
Posts: 0
|
Post by Deleted on Apr 26, 2011 17:12:51 GMT -5
Speculators are for future oil, not current oil. It is mostly simple supply and demand, but it is interesting that gasoline prices have outpaced oil, so it appears that something else is effecting the price at the pump. See page 1 - already talked about this.
|
|
Deleted
Joined: May 8, 2024 13:00:20 GMT -5
Posts: 0
|
Post by Deleted on Apr 26, 2011 18:44:58 GMT -5
This will increase food prices all around the world. That's a problem.
|
|
Deleted
Joined: May 8, 2024 13:00:20 GMT -5
Posts: 0
|
Post by Deleted on Apr 26, 2011 20:05:17 GMT -5
Let's see bush and company was in 8 years before that, they did nothing. They created a lot of this debt and many of the issues we are facing, so give it a rest. You can try and blame it all on obama, I remember otherwise. The quote button is in the upper right corner of each post.
|
|
|
Post by robbase on Apr 26, 2011 20:17:48 GMT -5
so do we blame (give credit to) speculators also when gas prices are declining? because they "bet" on that too..... and they can and do lose bets too
|
|
TD2K
Senior Associate
Once you kill a cow, you gotta make a burger
Joined: Dec 19, 2010 1:19:25 GMT -5
Posts: 10,931
|
Post by TD2K on Apr 26, 2011 23:42:57 GMT -5
|
|
fairlycrazy23
Senior Member
Joined: Dec 27, 2010 23:55:19 GMT -5
Posts: 3,306
|
Post by fairlycrazy23 on Apr 27, 2011 10:30:40 GMT -5
Since the FED has printed even more money, it takes more dollars to buy that oil, and gas. Silver up 400% Gold up 100% Oil up 100% all in just 2 years or so. Has that long feared inflation factor finally arrived? And then there's this... What is really scary, is that banks have increased there reserves instead of make a lot of loans, if the banks decided to start to really loan, it would create A LOT of new money.
|
|
tloonya
Junior Associate
What status?
Joined: Dec 18, 2010 16:22:13 GMT -5
Posts: 8,452
|
Post by tloonya on Apr 27, 2011 14:52:27 GMT -5
Now let's start complaining about weather...really. It is time.
|
|
Deleted
Joined: May 8, 2024 13:00:20 GMT -5
Posts: 0
|
Post by Deleted on Apr 27, 2011 17:30:18 GMT -5
Now let's start complaining about weather...really. It is time. I'm in San Diego - not much to complain about.
|
|
Sum Dum Gai
Senior Associate
Joined: Aug 15, 2011 15:39:24 GMT -5
Posts: 19,892
|
Post by Sum Dum Gai on Apr 27, 2011 18:25:51 GMT -5
I sunburned my scalp over the weekend playing softball with my daughters. I blame Bush and Obama equally for the sunny weather. Oh, and the FED. It's got to be a plot to move us toward a one world government. Also, I should have been keeping my hair shorter so my scalp was getting some sun this spring before I shaved my head, but mostly the one world government thing.
|
|