G35 Gas Price WAR
#17
04-18-2006 | 06:17 PM
Supply and demand
Don't mean to call these ideas idiotic, but they are. If you have the same demand for gas, how can the price go down. Exxon, chevron, or whoever, will sell their gas on the wholesale market to the company's that are selling gas, even if they are not. They will also sell their crude oil they don't use on the open market as well. So if the demand is still there, so is the price. I wish people would stop sending out these stupid e-mails and such. They will not work. Just suck it up, start commuting, or stop driving. I just suck it up and put more money into BP, which is the second largest oil/energy company in the world, and other oil/energy mutual funds. If you can't beat 'em, make a profit with 'em.
#18
04-18-2006 | 06:27 PM
Originally Posted by Steel Blue
Oil companies only .09 profit from each gallon sold
The US government makes .40 profit from each gallon sold
The US government makes .40 profit from each gallon sold
The fed govt taxes just under 20 cents per gallon (18 something? 19 cents?). CA state taxes makes the other 18 or 19 cents of the tax
#21
04-18-2006 | 07:37 PM
Registered User
Joined: Jul 2005
Posts: 1,090
Likes: 1
Originally Posted by Beowulf
Things are unfortunately far more complicated than a silly scheme like this. If you look at where "big oil's" profit is coming from its not from refining or selling gas. Its coming from the extraction of oil. Oil has been bid up by a combination of speculative investors and general demand. So when you ask big oil to lower gasoline you're basically asking them to subsidise the cost of gasoline from their oil extraction profits. This doesn't make any sense on their end and if you force them to; you're only bound to create gasoline shortages. The only possibility is to place some sort of additional tax on oil extracted from US soil which would probably only have a small effect.
One way to get gas lower without causes shortages would be to lower gasoline taxes, but you don't see your local politicians offering to cut their share of rising gas prices.
One way to get gas lower without causes shortages would be to lower gasoline taxes, but you don't see your local politicians offering to cut their share of rising gas prices.
#22
04-18-2006 | 08:36 PM
Registered User
Joined: Oct 2004
Posts: 802
Likes: 0
Originally Posted by G35MC
Again, all you have to do is send this to 10 people. That's all. (If you don't understand how we can reach 300 million and all you have to do is send this to 10 people.... Well, let's face it, you just aren't a mathematician. But I am, so trust me on this one.)
But anyway, I thought he would come up with a solution like ride a bike or catch the bus or train, not boycott a gas station. Aren't Exxon and Mobil distributors also, so you would need to boycott whoever they are supplying to also.
#23
04-19-2006 | 05:48 AM
Originally Posted by FAST1
I agree with your ideas in the first paragraph, but disagree with lowering the tax on gas. The price of gas would quickly rise to offset the tax cut. Unfortunately, there's only one solution and that's to lower demand, and this will happene naturally. The price of gas will continue to rise until the pain of the increased prices compel millions of drivers to change their driving habits. $3 a gallon has only minimal impact. My guess is that prices will have to climb to $5 a gallon or more before the demand for gas is materially reduced.
#26
04-19-2006 | 04:22 PM
Originally Posted by achen
But exxonmobil gives me rebates 
#27
04-19-2006 | 05:46 PM
Registered User
Joined: Oct 2004
Posts: 387
Likes: 0
Next Toyota Prius will get better fuel economy.
http://www.leftlanenews.com/2006/04/...offer-113-mpg/
I am going to get this when it comes out. The burning question will be will I trade my G for it.
http://www.leftlanenews.com/2006/04/...offer-113-mpg/
I am going to get this when it comes out. The burning question will be will I trade my G for it.
