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The "N" word...

Discussion in 'Uncategorized Threads' started by fssberson, May 25, 2008.

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  1. fssberson

    fssberson Active Member

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    It is time to NATIONALIZE THE GAS COMPANIES. I will vote for any candidate that starts talking about bringing the greedy gas companies under control. Fred
     
  2. rw993

    rw993 Active Member

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    Please let me know how much is "Greed", because I don't want to exceed that amount of profit and be subject to your dictatorship taking my business away.

    Ron Wilson
     
  3. 101voodoo

    101voodoo TS Member

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    Jeez Fred, if the Gov't did take over the gas companies the price would be $8.50 a gallon as it is in Europe, and you wouldn't be able to get any.

    Name a decently run Gov't program.

    Jim
     
  4. jbbor

    jbbor Active Member

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    JUST HOW BIG ARE THE US OIL COMPANIES??

    CLICK HERE
     
  5. fssberson

    fssberson Active Member

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    Let me know when the price of gas gets so high that it doesn't matter who is selling it. The mere discussion of nationalizing the gas companies will cause a drop in fuel costs. You can label it any way you want, but even using less gas has still seen the price rise astronomically. It has affected every aspect of American society, so label call it what you want but the gas companies have a monopoly on a resource that the American economy must have. We have lost control of a "free" economy -- time to get back that control with the only "weapon" that we have left. The government taxes gas, let them sell the stuff... we can at least elect the "sellers" under a nationalized system. Fred
     
  6. alpine

    alpine TS Member

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    Big oil is at 14% profit. Should we nationalize any company that makes 14% or more profits?

    By the way everything that has a price bubble (gold, tech stocks, even the last oil surge) has returned to pre-bubble pricing.

    And as one poster has queried, "Name ONE goverment program that been run well"?
     
  7. jbbor

    jbbor Active Member

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    Fssberson - ABSOLUTE BS
     
  8. blizzard

    blizzard Active Member

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    LOL!- Jimmy, am I correct in assuming that you disagree with fssberson?
     
  9. tj303

    tj303 Member

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    Nationalize all farms. Then we wouldn't have to pay welfare to all of the farmers! With bottled tap water selling for $8.00/gal we should nationalize that business too!
     
  10. R.Kipling

    R.Kipling Well-Known Member

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    Nixon tried it by putting caps on prices, all we got were shortages and gas lines. Carter tried a variation and got more of the same, plus higher prices. Socialism is the greatest destroyer of economy this world has ever known. It's worse than a protracted war, and Liberal Fascism.

    Smaller government, MUCH less deficit spending and a concerted effort at increasing supply will take the incentives away from the speculators (now 35% of the cost of gas, and rising).

    If you're going to impose a windfall tax on oil, do it on the speculators, they are the people that don't work for the money. Though I don't much agree with this approach either. (it's more of an anger issue with parasites)

    Look at the abysmal shape Venezuela's oil business is in - it was nationalized. Look at how Iraq's nationalized oil fields are (not) doing. Russia......no need to go on.

    Kip
     
  11. timb99

    timb99 Well-Known Member

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    R Kipling

    You sure about that number on speculators?

    I heard recently that the cost of crude oil was 70% of the cost of a gallon of gasoline.
     
  12. nipper

    nipper TS Member

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    we need even more profit , we have to research and develop,we are going to research how we can make even more profit.

    bill
     
  13. Tripod

    Tripod Well-Known Member

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    So Fred the government buys oil on the world market at todays prices then sells it to us at a reduced price. I guess only the taxpayers take it in the butt on that one. Come to think about it that what always happens anyway.
     
  14. halfmile

    halfmile Well-Known Member

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    All I can say is something is cowshit when every station in town is at the exact same price, and they all change at the same time.

    Doesn't sound like a free market to me. More like a monopoly or price fixing, and either one is illegal as far as I know.

    HM
     
  15. claybrdr

    claybrdr Well-Known Member

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    Fred,

    Maxine Waters is your candidate. You two share a keen insight into how things work.
     
  16. Juno

    Juno TS Member

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  17. blackfoot

    blackfoot Member

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    Fred,you are a genius!Did you teach economics at Stanford?
     
  18. JerryP

    JerryP Active Member

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    Constitution forbids it.
     
  19. Brian in Oregon

    Brian in Oregon Well-Known Member

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    NO - It's time we stopped giving the environmentalists everything they want!<br>
    <br>
    The problem is not a lack of oil. It's a lack of refinery capacity. Right now some refineries are turning away oil, because they're full up. The environmentalists have managed to block nearly all new installations.<r>
    <br>
    Another problem is that oil is a commodity subject to speculators being able to drastically alter the price of oil on the market. Their speculation causes wild flucuations in price all out of sync to what the real world price should be. As an example, a Saudi Prince, when oil hit $80 a barrel, said it should be selling for $40 a barrel, but speculators had artifically driven the price up.<br>
    <br>
    Another issue adding to the cost of fuel at the pump is all the goody two shoes tampering being done by the government. The environmentalists keep insisting that the government force the oil companies to make "cleaner" gasoline, so first there's a requirement to add MTBE, which, as it turns out, not only drops your fuel mileage, but also winds up being a serious air and groundwater pollutant all by itself. Oops. Now we have states like Oregon that passed a law that when alcohol production got to a certain point, that ALL gasoline must have 10% ethanol added. Gov.org and the environmentalists claimed this would only drop fuel mileage 3%, and not affect any vehicles. Yeah, right. Some vehicles are getting 30% worse mileage, and when spring temps rose a week ago, we had a huge rash of vapor locking, far more than is typical with winter blends being used in the spring. Repair shops are also making a landmark business replacing clogged fuel filters, as the alcohol strips off varnish in gas tanks. Finally the newspapers are noticing the problems and writing about them, causing some in our legislature to rethink this law.<br>
    <br>
    Is Big Oil making a lot of profit? No doubt. But the whole system is rotten and there needs to be some fundamental changes in numerous areas. Starting with preventing radical environmentalists from becoming an unofficial branch of government.
     
  20. R.Kipling

    R.Kipling Well-Known Member

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    timb99,

    I just finished putting up a wealth of information on your question. That is just before this site crashed and flipped to some advertisment??? I don't have the time to redo it now, but I'll add this one page for you, until I get back after the weekend.


    May 12, 2008
    It’s Speculation Stupid!
    Analysis of: Crude surpasses $123 as Democrats blame speculators | db.riskwaters.com

    Analysis By:Stanley McWilliams
    Independent Consultant, Stan McWilliams

    Implications: For a party that gets it wrong on trade, on taxes, on unions and often on foreign policy, the Democrats current finger pointing at speculation goes to show that even a blind duck finds water every once in awhile.

    Analysis: In a statement issued by the New York Mercantile Exchange (Nymex), it stated “that increasing crude oil margins on futures markets regulated by the CFTC would force trading volume away from regulated and transparent US exchanges onto dark unregulated venues and onto less transparent overseas markets.” I have news for them, traders have already moved to the unregulated OTC transaction.

    No one disagrees with the fact that there are several issues driving the increase in the price of oil; however, OPEC and others have it correct when they say that speculation is by far the disproportionate piece of the puzzle. And as much as it hurts my heart to say, the Democrats have it right.

    With that said, I am concerned that the Democrats will do nothing other than pass a bunch of new laws, starting with the Consumer-First Energy Act of 2008, a bill that claims to address the root causes of high gasoline prices, instead of simply enforcing what laws are on the books. Instead of “striking while the iron is hot” by challenging the Commodity Futures Trading Commission (CFTC) and then blaming it on President Bush, which is a common tactic, the Democrats and all of Congress will continue to posture for the next election, argue, attempt to score political points, remain deadlocked and end up not doing a damn thing.

    In the meantime when the consumer, along with complete industries and sectors like trucking and transportation are out gunned by commodity traders and the power of their “billions”, the price of oil, albeit a soft commodity, will continue to be artificially inflated at the rate of possibly 30% to 60%, or between $37.50 and $75.00 per barrel.

    Want to know what that does to the consumer and trucking? Price increases in gasoline and diesel typically follow increases in the price of oil by about two weeks. Take the price of oil and divide by 42 (42 gallons per barrel). Add approximately 12% for transportation and margin plus about $.25 per gallon for taxes and it gives you a rough idea (not exact, but close) of what continued increases, whether fundamental or artificial actually cost the consumer. (Refinery cost and low sulfur fuel requirements generally create the difference between diesel and gasoline)

    Other Analyses of the Same Source Article:
    Oil & Gas Prices Reality
    May 14, 2008, Author: GLG Expert Contributor Crude Oil Costs Scenario
    May 14, 2008, Author: GLG Expert Contributor Crude Surpasses $123: The Blame Game Begins
    May 13, 2008, Author: GLG Expert Contributor
     
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