The Law of Supply & Demand doesnt work!!

  • We are currently upgrading MFK. thanks! -neo
Wow, there was a lot there. I hate to hear about a Bush voter who has lost hteir faith in this administration. I did hear an interesting stat today about the rise in gas prices since the republicans lost thier majority.... that kinda caught my ear.
 
water_baby83;1851856; said:
Nothing is ever as simple as "this will work, let's use it". Everything needs to be considered, and quite honestly, I am all for alternative fuels, but I do not believe that at this point, we could effectively and responsibly control the consumption of any that we chose.
Water_baby, two words: Air car.:ROFL:

Kidding, but in all honesty, I believe it can work. The main problem with things like this is getting the public to accept them. Not everyone has the money for a new car. I sure don't, and as much as I care about reducing our dependency on oil, I wouldn't buy a new car just because it ran on air if it was only going to put me in debt. Plus, there are those who don't understand the change, or those who are just resistant because they don't want change or don't care. This issue is far more complicated than just fuel.
 
JD7.62;1851855; said:
We can drill off of Florida and California too...but nnnoooo, we gotta save the seals. Damn seals...

We also need more refineries built but environmental restrictions have made that difficult too.

I just dont understand when people say we "took over Iraq for their oil." If so wouldnt we be paying less by now?!


no seals in Florida.

Neo kind of hit it on the head, it is the institutional investors, they drove up the real estate market, when all the idiots jumped in, they pulled out and left the small investors holding the bag, along with the mortgage companies. Now these huge investors have gotten into oil futures, they are bidding them up like crazy and making lots of money, as the the smaller investors get in looking for a quick buck the institutional investor will abandon this market as well. Causing another major adjustment.

It is called a "bubble market" and it can be directly correlated with institutional trading (Insurance companies, Retirement funds). There will be a major adjustment in the oil market soon.

Anybody want to guess what the institutional traders will hit next?


US commercial real estate...........you heard it here first.
 
Em - Wow that was a college essay!

I say we open up the US for drilling. We've got the stuff we just refuse to touch it! Remind me to invest in some oil/gas stocks....lol
 
Wow water baby! What a long post!

Anyway, it takes approximately 6 weeks for crude prices to translate to prices at the pump. That's why it's not dropping right this second.
 
Hydrogen fuel derived from water will never work as it takes more energy to make it than what it gives off! It is also relatively low in energy content and would give less MPG's then gasoline. The reason gasoline has gotten us so far is that it has the most amount of energy per gallon (BTU's) of any known inexpensive fuel! I think the future is electric cars. Why? Because electricity can be generated in numerous ways including at home (solar panels and wind generators). Solar and wind are non-polluting and 100% "renewable" rescources. The quicker we get away from oil for fuel the better. That way we can tell the Middle-East to "GO EAT SAND"! :headbang2
 
Hawkfish3.0;1851893; said:
Wow water baby! What a long post!

Anyway, it takes approximately 6 weeks for crude prices to translate to prices at the pump. That's why it's not dropping right this second.

This true, but if the US opened up our country for drilling we would see a dramatic change in oil prices worldwide almost instantly.
 
jcardona1;1851626; said:
i hope we reach that point soon, kinda like the crash of the real estate market. not only is it gas prices but everythign else is going up too. grocery prices seem to have skyrocketed just like gas. unreal

and have you seen the price of cooking oil?!?!?!? omg! damn ethanol production!

No kidding! I went to Costco to get oil for the deep fryer last weekend. The price for 2 1/2 gallons of corn oil has more than doubled. It used to be around $12.00, now it is $26.00!

Milk is up 25%, eggs 40%, but my paycheck isn't getting any bigger!
 
i too think that electric cars will be the future. ive seen some very promising ideas on tv. all we need to do is get that stuff mass produced. if electric cars were widely available and practical to use, id get one.

i think its just a matter of time before the rest of technology/society catches up
 
reverse;1851886;1851886 said:
no seals in Florida.

Neo kind of hit it on the head, it is the institutional investors, they drove up the real estate market, when all the idiots jumped in, they pulled out and left the small investors holding the bag, along with the mortgage companies. Now these huge investors have gotten into oil futures, they are bidding them up like crazy and making lots of money, as the the smaller investors get in looking for a quick buck the institutional investor will abandon this market as well. Causing another major adjustment.

It is called a "bubble market" and it can be directly correlated with institutional trading (Insurance companies, Retirement funds). There will be a major adjustment in the oil market soon.

Anybody want to guess what the institutional traders will hit next?


US commercial real estate...........you heard it here first.
this is very interesting, really makes you think about what gonna happen in the years to come...
 
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