- Gas-out? (Not my post...)
- Posted by Hachiroku
NOTE: Not my screaming, I just copied and pasted. This was going fine
until the OP brought up the Administration controlling gas prices. Seems
to me I remember Nixon doing this. Can anybody say, "Rubber Band"?
IT HAS BEEN CALCULATED THAT IF EVERYONE IN THE UNITED STATES DID NOT
PURCHASE A DROP OF GASOLINE FOR ONE DAY AND ALL AT THE SAME TIME, THE
OIL COMPANIES WOULD CHOKE ON THEIR STOCKPILES.
AT THE SAME TIME IT WOULD HIT THE ENTIRE INDUSTRY WITH A NEt LOSS
OF OVER 4.6 BILLION DOLLARS WHICH AFFECTS THE BOTTOM LINES OF THE OIL
COMPANIES.
THEREFORE Sept 10TH HAS BEEN FORMALLY DECLARED "STICK IT TO THEM
DAY" AND THE PEOPLE OF THIS NATION SHOULD NOT BUY A SINGLE DROP OF GASOLINE
THAT DAY.
THE ONLY WAY THIS CAN BE DONE IS IF YOU FORWARD THIS E-MAIL TO AS
MANY PEOPLE AS YOU CAN AND AS QUICKLY AS YOU CAN TO GET THE WORD OUT.
WAITING ON THIS ADMINISTRATION TO STEP IN AND CONTROL THE
PRICES IS NOT GOING TO HAPPEN. WHAT HAPPENED TO THE REDUCTION AND
CONTROL IN PRICES THAT THE ARAB NATIONS PROMISED TWO WEEKS AGO?
REMEMBER ONE THING, NOT ONLY IS THE PRICE OF GASOLINE GOING UP
BUT AT THE SAME TIME AIRLINES ARE FORCED TO RAISE THEIR PRICES, TRUCKING
COMPANIES ARE FORCED TO RAISE THEIR PRICES WHICH EFFECTS PRICES ON EVERYTHING
THAT IS SHIPPED. THINGS LIKE FOOD, CLOTHING, BUILDING MATERIALS, MEDICAL
SUPPLIES ETC. WHO PAYS IN THE END? WE DO!
WE CAN MAKE A DIFFERENCE. IF THEY DON'T GET THE MESSAGE AFTER ONE
DAY, WE WILL DO IT AGAIN AND AGAIN.
SO DO YOUR PART AND SPREAD THE WORD. FORWARD
- Posted by badgolferman
Hachiroku, 8/27/2005, <pan.2005.08.27.18.19.38.62000@ae86.gts>,2:04:55
PM, wrote:
snipped
You know this has been going on for some time. It just keeps coming
back in different forms.
http://www.snopes.com/inboxer/petition/gasout.htm
--
"Talking to a golf ball won't do you any good. Unless you do it while
your opponent is teeing off." -- Bruce Lansky
- Posted by TOM
badgolferman wrote:
Thanks for posting the link. It save me having to look it up. It's too
hot for that... :>))
--
Tom - Vista, CA
- Posted by Bob Palmer
But the next day everyone will buy more to make up for it unless there is no
driving on Sept 10.
"Hachiroku" <Trueno@ae86.gts> wrote in message
news:pan.2005.08.27.18.19.38.62000@ae86.gts...
- Posted by HachiRoku
On Sat, 27 Aug 2005 18:37:29 +0000, badgolferman wrote:
Yeah, I know. It pops up every time the price of gas rises more then a few
cents a gallon.
But, in theory, economically, there would be an effect on the gas
companies. They project that they will sell x gallons per day. When this
expectation is not met, what happens is the trucks and other delivery
methods expect to pump out x*days gallons through the system. Since they
DIDN'T sell x gallons on Sept 10, it does create a backup in the system.
IF everyone buying fuel stopped on Sept 10, then it would mess up their
delivery system by millions of gallons.
However, like so and so said (bgm?) people would make up by buying more
the day before or the day after, hence the next deilvery would still be
the same. It needs to be spread over a number of days, say a weekend, and
as suggested everyone STOP any extra driving, or carpool, or bicycle, etc
to NOT use those gallons that would put a crimp in the delivery system and
cause a backup at the terminals.
--
It doesn't take a genius
to know the difference
between chicken shit
and chicken salad...
- Posted by XYZ ABC
I don't think the Administration is controlling gas price. But it's definite
doing things to help gas price to go up, such as starting a war, make
enemies with oil exporting countries, etc.
- Posted by Mark
Hey, don't forget about causing hurricanes. The government controls
the weather, you know.
- Posted by Learning Richard
Hachiroku wrote:
that one is spreading like wildfire.
- Posted by TeGGeR®
Hachiroku <Trueno@ae86.gts> wrote in
news:pan.2005.08.27.18.19.38.62000@ae86.gts:
Well, no.
That "calculation" was invented by an economic ignoramus.
Investors/speculators would snap up the surplus at bargain prices, driving
demand and price back up again, at which time they'd sell at a profit.
Oil companies do not set prices. Why is this so difficult for so many
people to understand? Nobody's ever heard of commodities trading, or
Mercantile Exchanges?
<snip>
If you're really concerned, tell the US government to stop meddling in
other countries' affairs, and to reduce regulation and legislation that
creates artifical shortages. All these things dramatically drive up market
bids for oil.
--
TeGGeR®
- Posted by XYZ ABC
Exactly! Ever wonder why SmithBarney keeps releasing it "analysts"
"Research" saying oil price will go over $100? Remember how SmithBarney use
"analysts" to drive up WorldCom? Remember how Enron manipulating electricity
supplies in California to drive up price?
We should have laws forbidding investors/speculators from trading such
essential commodities as electricity and oil. What does SmithBarney have
anything to do with oil?
- Posted by Wickeddoll®
"badgolferman" <REMOVETHISbadgolferman@gmail.com> wrote in message
news:xn0e6huwe2kavx000@news.readfreenews.net...
Yup - I used to reply all when one of my friends sent me numerous urban
legend emails - *her* friends complained that I was emailing them!
If the stupid twerps want to keep perpetuating ULs, that's their business,
but most people appreciate the clarification.
So now I just send it back to whomever sent it to me (The one friend is still
the only one who refuses to check with Snopes). Whether she passes it on to
her friends is anyone's guess.
Ya try to help people....
:-)
Natalie
- Posted by Bruce L. Bergman
On 27 Aug 2005 22:43:05 GMT, "TeGGeR®" <tegger@tegger.c0m> wrote:
I don't see a "one day boycott" causing anything more than a blip on
the radar of the oil companies - Everyone will tank up the day before
(creating a noticeable but not huge spike) and/or the day after
(creating yet another spike). The day of the "Big Action" you'd get
only a small percentage to participate, meaning the dip in retail
sales would be slight. Working or traveling people would not have the
option to not buy gasoline that day.
For the week as a whole the sales figures wouldn't budge, and I
sincerely doubt that commodities speculators could get a toehold in
it.
The entire petroleum industry in the USA (and much of the world) is
broken (some would say Rigged) because every step on the supply side
of oil extraction, transportation, refining, distribution and retail
system is being actively and artificially constrained by the sellers.
We don't pump much oil out of the ground in the continental USA
because it's 'heavy' or 'sour' and harder to refine, so domestic wells
sit untapped - and OPEC has us in a tight spot. We're addicted to
'light sweet crude' and OPEC members are the pushers.
There's a huge artificial "war tax" being applied at the well,
because of the unrest in the middle east and potential terrorist acts
the brokers are using it as a dodge to push up crude prices. Same
thing with the hurricane season potentially closing a few Gulf Of
Mexico offshore platforms or coastal refineries, people are trying to
make a killing on the commodities market.
The US oil industry already (allegedly) has all the operating
refineries running flat-out to meet demand, and the oil companies
(with politicians in their pocket) legally constrain new refineries
from opening, and refuse to expand the existing ones, creating an
artificial supply bottleneck.
They announce a fire or other problem crippling a refinery and the
prices spike. I'd love to see the security camera tapes, as a worker
(think "Steve Urkel") loosens a bolt so the seal can blow out and
cause that cracking tower to catch fire. Followed by a perfectly
innocent sounding "Did I do that?"
(In other words, "Coincidence? We don't think so.")
And even when the refineries have a chance to 'catch up' and bank
some refined gasoline and diesel in a tank farm to cover these
problems, they don't. There's no incentive for a refinery to build up
a few extra days of refined product inventory to cover the
emergencies, since the resulting price spike will work in their favor.
Even at retail, the refiners have their fingers deep in the pie -
Zone Pricing gets them the highest price the poor suckers (excuse me,
"Customers") will bear for the area, and screw the poor station owner
if they can't make a living on the three or four cents a gallon markup
the oil company allows them to make.
There are several practical solutions:
1. Allow new refineries to be built, or some mothballed refineries to
be upgraded and reopened (USA Petroleum, Ventura CA, et al) without a
ton of EPA emissions BS to wade through. Refining is an inherently
dirty business - you can clean it up a whole lot, but the government
can't require absolute perfection.
2. Stop using "Astroturf" protests (faked 'grass roots' protests) to
prevent construction of new refineries or reopening closed ones like
the example above. The other oil companies allegedly spent some money
and stirred up the local NIMBY crowd when USA bought and tried to
reopen that refinery.
3. Prevent debacles like (for example) Shell trying to shut down
their perfectly good and operating Martinez CA refinery that "is
surplus to our needs because it primarily makes diesel fuel" - yeah,
"only" a large percentage of the diesel fuel used in the entire state.
And Shell and the other refiners would have to divert some of the
production at other refineries from gasoline to diesel.
(Good news - the regulators finally forced them to sell it, still in
operation, to Flying J Truck Stops.)
4. Give refiners and pipeline depots financial incentives to bank a
few extra days of refined inventory in tank farms along the route, to
smooth out price spikes from pipeline or refinery trouble.
5. Get down to two or three emissions blends for gasoline and diesel
for the whole country, so it can easily be shipped between regions.
6. Go do the exploration and pilot well drilling and tests in ANWR,
and other promising spots through Alaska and the Lower 48. Give
federal incentives to do it if needed. They don't need to go for
production wells in ANWR yet, just proving we have a few billion
barrels proven and ready to go should get OPEC to start behaving
better.
(And if they can't build production wells and a pipeline with
absolutely no environmental impact, they are doing it wrong. They can
slant drill the wells out from a few small patches of land.)
7. Get our national appetite for fuel down. More hybrids and
alternate fuel vehicles where we need them - a Prius is nice, but I
need a 3/4 to 1-ton work truck that can get 25% better mileage, not a
compact sedan. You can even apply the same technologies to trains,
heavy trucks and buses, and make an even bigger dent.
8. Cut oil use for power - it should only be used for emergencies and
'peaking plants' in the summer. Get Yucca Mountain done for a proper
disposal site, and a few more sites in other states, and get cracking
on Nuclear Power again. It can be done safely if you put smart people
in charge. Start reprocessing all the old fuel rods sitting in
storage pools and casks to reduce the waste stream, and recycle
(down-refine) surplus weapons-grade fissile materials whenever
possible.
8A. More clean coal powerplants, too. We've got lots of coal.
But this would require cooperation from the oil companies, POTUS,
the Congress, the Senate, the auto makers, power utilities, and a lot
of governmental bureaucrats - many of which are in Big Oil's pocket
from political contributions. Not impossible, but it certainly will
be damned difficult.
Wouldn't it be nice to have the Initiative System on the national
level? That's one nice thing California has, if there's a huge
problem and the Legislature refuses to act, We The People can force
the change right over their heads. It usually works.
--<< Bruce >>--
--
Bruce L. Bergman, Woodland Hills (Los Angeles) CA - Desktop
Electrician for Westend Electric - CA726700
5737 Kanan Rd. #359, Agoura CA 91301 (818) 889-9545
Spamtrapped address: Remove the python and the invalid, and use a net.
- Posted by TeGGeR®
"XYZ ABC" <XYZ@abc.com> wrote in
news:Ma8Qe.49940$2Q3.40140@tornado.ohiordc.rr.com:
Enron's situation was caused entirely by the government's monkeying with
the money supply, and California and Ontario's governments having set up an
atrociously flawed energy pricing system that was easily gamed.
Speculators are necessary. Restricting them would cause distortions that
could cause even higher prices than we have now.
Remember that speculators are gamblers and can guess *wrong*, too, and
often end up losing their shirts. Just like short-sellers.
--
TeGGeR®
- Posted by XYZ ABC
You can't "guess" wrong in commodity market if you have hundreds of billions
of dollars in your hand. Especially for essential commodities like oil and
electricity. Thank god they can't trade electricity, or can they?
- Posted by HachiRoku
On Sun, 28 Aug 2005 12:40:47 +0000, XYZ ABC wrote:
They do it every day. Remember "Gray-out" Davis?
--
It doesn't take a genius
to know the difference
between chicken shit
and chicken salad...
- Posted by TeGGeR®
"XYZ ABC" <XYZ@abc.com> wrote in
news:jhiQe.51286$2Q3.33329@tornado.ohiordc.rr.com:
Commodities trading is done for huge values, like hundreds of billions of
dollars. You can easily (and literally) make and lose billions in minutes
in that business. The pressures are huge, burnout is common, and bankruptcy
is a blink away. It's a job for brash, bold, egotistical young men.
Commodities traders (especially currency traders) are not conservative with
their bets.
My wife spent years on the investment side of the financial industry, which
is how I know all this.
Everybody seems to think if you have billions of dollars you must be a
crook. That's a silly notion.
That was Enron's main business.
It was the horribly designed governmental re-regulation of the electricity
market that enabled Enron to game it and make very good money doing so.
What brought Enron down was their attempts to hide losses that were due to
the US government's currency debasement.
Commodities trading is a very important part of the pricing mechanism that
makes the industrialized world run. Without it, markets would be very
inefficient. Maybe almost as bad as if the government ran them.
--
TeGGeR®
- Posted by Learning Richard
TeGGeR® wrote:
We can certainly agree that there a few billionaires who got that way
by following the rules.
- Posted by Paul
WOW-way to go Bruce, thats one of the most intelligent articles I have
read...
"Bruce L. Bergman" <blPYTHONbergman@earthlink.invalid> wrote in message
news:qq02h11d2gv7kf79g6snhr2ib7iggd69q5@4ax.com...
- Posted by TOM
Bruce L. Bergman wrote:
Unless, of course, a judge decides he knows better than over 60% of the
voters...
--
Tom - Vista, CA
- Posted by davidj92
Bruce L. Bergman wrote:
snip
Bruce,
Read your entire post, applaud your knowledge of the oil/gas situation and
agree with most of it.
I really liked the quote I included from your post and can only turn green
with envy that California has this system in place and the area I live in
doesn't. And, as you state, we don't have it on a national level as well.
The hardest part of politics to accept today is the fact that a candidate
will promise anything the public wants to hear to get elected and once they
are in office will put the screws to any and every-one who doesn't have
enough money to get their attention. I guess in a small sense this might be
good but in a large sense it's dangerous for the political stability of our
country. Slowly the rich get richer and the poor get poorer until a
revolution happens. I'm not preaching anarchy in any way but it has happened
so many times, for the above reasons, in the history of the world it's hard
to imagine people, especially politicians, forget the adage: "History
repeats itself".
Sorry to get off-topic so much but I just had to vent. :-)
davidj92