They must be high if they think the working class people in the state of Missouri can deal with the dreaded prediction of $5 a gallon fuel. If they thought 08' was bad it will be a cake walk compared to what they are predicting. Do you ever think that the powers in this country will ever figure out that high fuel is what busted this economy in the first place/
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Politicians and radical, zero growth envioromentalists. We are the only industrialized country in the world that does not fully develop our own resources because we have politicians at the beck and call of every fringe group due to political alliances and campaign cash, the only thing the majority are good for is casting votes every two or four or six years. Constitutional term limits, one term and out, then the stranglehold will be broken and people that need the country to thrive in order to thrive themselves will be back in control.
Reed Hamilton
Member
With all due respect and care for everyone who has replied, I ask, don't you think that the people in Congress depend entirely on corporate contributions from the likes of Exxon/Mobil, Chevron, Valero, and so on. Why else is the current campaign for President (nomination only) costing more than any campaign in history. Corporations can now contribute any amount of money to any campaign and not reveal that fact. So it's not likely that Congress will do anything to regulate oil company profits.
The exact thing congress should do is nothing, the congress and the president have no power under the constitution to regulate oil company profits, I don't know what business or industry you are in but would you want your profits regulated? Profit is good for the supply side of demand, how many acres that laid fallow for decades have been put back in corn the last few years?. Profit is not a dirty word -- governement regulation is a dirty word.
Erik Ks farmer
Well-known Member
Exactly, it is not a lack of regualtion in the oil industry, but rather an over regualtion in other sectors that has created this problem.
Some day someoe is gonna have to do something about Iran.
Getting tired of USA being over in that region, but.... They are just talkig stoopid, someone has to take them to the woodshed.
Rest of Arab world won't do it, but will be happy when it is done.
Isreal will have to do it of no one else will. That will raise heck with mideast politics.
USA is most likely only other player. Europe step in and do something?
Biggest effect on fuel prices right now.
Otherwise, as we thrash around trying to fix our poor ecconomy by printing imaginary money to bail ourselves out of it, our dollar becomes cheaper and out goods - fuel, steel, copper, grains, become more expensive to us. The rest of the world will keep buying.
--->Paul
Getting tired of USA being over in that region, but.... They are just talkig stoopid, someone has to take them to the woodshed.
Rest of Arab world won't do it, but will be happy when it is done.
Isreal will have to do it of no one else will. That will raise heck with mideast politics.
USA is most likely only other player. Europe step in and do something?
Biggest effect on fuel prices right now.
Otherwise, as we thrash around trying to fix our poor ecconomy by printing imaginary money to bail ourselves out of it, our dollar becomes cheaper and out goods - fuel, steel, copper, grains, become more expensive to us. The rest of the world will keep buying.
--->Paul
"The Government" gets involved and people squawk about that. The same government does nothing and the same people squawk about THAT.
Then again, "The Government" (read; The part of "government" that's sitting in the White House, beating down efforts that would allow the US to become more self-sufficient in regards to oil production) has done everything possible to KEEP us in the vulnerable position we are now in.....The "fix" should have taken place YEARS ago. Anything done now for the problem at hand would be akin to closing the barn door after the horses already ran out. Still, we need to act NOW to prevent the same old story from repeating itself AGAIN sometime down the road. Open up oil exploration/production in this country and glut the world market....drive prices DOWN, and eliminate the stranglehold the mid east has on the world economy. At the very least, raise US production to the point US prices (for gas/oil) drop to a reasonable level.
Express your dislike for current administrations lack of effort come election day. Other candidates may or may NOT be any better, but current office holder has proven his ideas are the exact polar opposite of what we NEED. Why give him a second chance when he squandered his FIRST shot.
Bottom line, we're in for a costly lesson (again)....And Iran HAS to be dealt with sooner or later. Why wait? We need to HELP Israel do what we should have done ourselves in 1979, while there's still time.
Then again, "The Government" (read; The part of "government" that's sitting in the White House, beating down efforts that would allow the US to become more self-sufficient in regards to oil production) has done everything possible to KEEP us in the vulnerable position we are now in.....The "fix" should have taken place YEARS ago. Anything done now for the problem at hand would be akin to closing the barn door after the horses already ran out. Still, we need to act NOW to prevent the same old story from repeating itself AGAIN sometime down the road. Open up oil exploration/production in this country and glut the world market....drive prices DOWN, and eliminate the stranglehold the mid east has on the world economy. At the very least, raise US production to the point US prices (for gas/oil) drop to a reasonable level.
Express your dislike for current administrations lack of effort come election day. Other candidates may or may NOT be any better, but current office holder has proven his ideas are the exact polar opposite of what we NEED. Why give him a second chance when he squandered his FIRST shot.
Bottom line, we're in for a costly lesson (again)....And Iran HAS to be dealt with sooner or later. Why wait? We need to HELP Israel do what we should have done ourselves in 1979, while there's still time.
old
Well-known Member
- Location
- Camdenton Missouri
Face it the rich keep getting richer and the poor keep getting poorer fact of life.
That said there has to be something wrong when the oil companies keep racking in record profits for the past 10 plus years and the gov does nothing to say hey your price fixing things. Yep if we have another hot dry summer I can see hay prices going up another $25 or more for a round bale.
That said there has to be something wrong when the oil companies keep racking in record profits for the past 10 plus years and the gov does nothing to say hey your price fixing things. Yep if we have another hot dry summer I can see hay prices going up another $25 or more for a round bale.
Old, what do you call record profits for last 10 years?. Heres a few facts regarding oil price. You, as well as the rest of us Americans have enjoyed cheap fuel our entire lives. Thats why we have the highest standard of living in the world.
2001 -- average 23.00 per barrel
2002-- average 22.81 per barrel
2003 -- average 27.69 per barrel
2004 -- average 37.41 per barrel
2005 -- average 50.47 per barrel
2006 -- average 58.30 per barrel
2007 -- average 64.20 per barrel
2008 -- average 91.48 per barrel
2009 -- average 53.56 per barrel
2010 --- average 71.21 per barrel
2011 -- average 87.48 per barrel
These are the prices before the expense of shipping,refining, delivering the product, marketing etc. Maybe you think businesses don't have to make a profit, or that it is unfair if oil companies make a profit.
2001 -- average 23.00 per barrel
2002-- average 22.81 per barrel
2003 -- average 27.69 per barrel
2004 -- average 37.41 per barrel
2005 -- average 50.47 per barrel
2006 -- average 58.30 per barrel
2007 -- average 64.20 per barrel
2008 -- average 91.48 per barrel
2009 -- average 53.56 per barrel
2010 --- average 71.21 per barrel
2011 -- average 87.48 per barrel
These are the prices before the expense of shipping,refining, delivering the product, marketing etc. Maybe you think businesses don't have to make a profit, or that it is unfair if oil companies make a profit.
old
Well-known Member
- Location
- Camdenton Missouri
Sorry I do not record what is said on the news but I watch it off and on.
Anonymous-0
Well-known Member
Have been told several times that corn price is direct with oil price. Bushel of corn should be 5% of a barrel of oil. So the higher the oil the higher the corn price in theory. Of course inputs go up as well so... If that was true then 150/barrel oil brings 7.50 corn.
If the politicians didn't work so hard to pizz off the middle east, the problem might not be as bad. If the politicians allowed drilling here, the problem might not be so bad. And the prez just now on the news says the $40 he just gave you can be used to buy groceries and gas to get to work.I'm almost glad I won't be around long enough to see what my kids are going to have to face---
old
Well-known Member
- Location
- Camdenton Missouri
Yep and as I said they have record profits so who is scamming who and getting away with legal theft
mo-cc puller
Member
Hey animal! Did you ever cut the crook off that chrome pipe on your F-20?
Animal, what do you have against profit? how many failures of socialism does it take to prove to you that socialism does not work. If you were to get your wish and government regulated profits then there would be very little gas or diesel to buy because companies would produce far less or they would concentrate their business in countries where they were free to operate. If you got your wish the US economy would hit rock bottom inside of 2 years.
old
Well-known Member
- Location
- Camdenton Missouri
It is one thing to make a profit but to make record profits for year is wrong when it is way over the top. Yes to make it in the world a company has to make a profit so as to be able to up grade equipment etc but when you make a profit that in turn makes it hard on others that is wrong. and when it is in the billions of dollars profit then that is getting to the point of price gauging.. When external_link got in office gas was $1.899 a gallon and now less then 4 years later it is $3.30 plus which is close to twice what it was when he got in but hey he did want it to get this way
Keith Molden
Well-known Member
Well to quote our illustrious president "Are you ready for a change" I do believe that was what his campaign slogan was when he was running for office. The people voted for change & GOT CHANGE. Now are you ready for a change in another direction? Just wondering, Keith
So you are saying that if one of your hay customers told you that the price you have to charge to make a profit is hard on them you would lower your price below production cost? Did it ever occur to you that the reason the oil companies made record profits is because sales volume was up? If you want to know who the real gouger is read below. Information that is public record.
Exxons earnings come from operations around the world. The arm of the business that refines and sells gasoline and diesel in the United States represents less than 3 percent of total earnings. For every gallon of gasoline or diesel Exxon sold in the United States Exxon earned a little more than 2 cents per gallon.
The Federal and state governments makes 100% profit on the taxes they collect, around 50 cents per gallon for the feds and from 25 to 65 cents per gallon for the states.
Exxons earnings come from operations around the world. The arm of the business that refines and sells gasoline and diesel in the United States represents less than 3 percent of total earnings. For every gallon of gasoline or diesel Exxon sold in the United States Exxon earned a little more than 2 cents per gallon.
The Federal and state governments makes 100% profit on the taxes they collect, around 50 cents per gallon for the feds and from 25 to 65 cents per gallon for the states.
Have you ever been in buisness for yourself? Would you want the gov regulating that buisness? Actually if you would check you would find that the oil industry is one of the most highly regulated buisnesses in the country.Nothing,and I do mean nothing,no step whatsoever in the oilfield,from telling you where you can drill,spudding,casing ,drilling,how deep you can drill,how you complete your wells to how much you can produce is done without some form of gov regulation. It can literally take years of nothing but doing gov paper work,and getting gov approval,before a well even can be started. Even the day to day operation of the rig is regulated in lots of ways. And heres another little story,most politicians dont HAVE to take payoffs from oil companies,they hold a vast majority of the stock in them. As they do most any other profitable enterprise in the US. BUT,and this is whats the kicker,SO CAN YOU!!!!thats whats nice about the free enterprise system,you can buy oil company stock and rake in those profits just like the big boys do. All you have to do is take the leap,get up off your checkbook ,and go for it. But be forwarned, once its YOUR profits folks start screaming about,its a different thing. Heres another little fact most folks dont know,for every 25 cents the oil company makes in profits,the US gov makes 47 cents. AND its still a gov of the the people,so technicaly you and i and every other person in the US reaps a profit,whether you know it or not, from every barrel of oil. IF your spokesperson YOU sent to washington doesnt spend that money to suit you,thats no fault of a oil company. Thats yours and mine for allowing it!
old
Well-known Member
- Location
- Camdenton Missouri
Ya you do not and will not understand it is one thing to make a profit but when you make a profit that is as high as they are they are not doing as it should be done
idiodic gov regulations are what tanked the economy in the first place,not fuel prices. Think about this if you will,before we went to war in iraq @1/4 the worlds oil supplies came from there,directly or indirectly. That 1/4 of the worlds oil supply simply stopped(by the way,even though it was supposedly illegal with the trade sanctions against iraq,the whole procedure was put on hold until a liberian tanker ,bound for the US could top off and leave the area. Concerns were it would get caught in the crossfire and go off like a nuclear bomb. Most of iraqs oil we bought from syria ,they bought it from iraq.Whats happening in syria now?)so demand went up IMEDIATLY by 25%. Then afganistan,and all the other middle eastern countries have been flairing up in revolts,wars etc. Where does the oil come from to make up this loss? prices rise simply from supply and demand. They do it on everything from corn to toilet paper! Its no mistery,no deep dark plan to keep the "man " down ,theres no plan to keep you poor. In fact i dont believe it takes a very smart person to realize that if you make more money you pay more taxes.Its in the govs best intrest to make you as rich as possible! what POSSIBLE advantage could there be to the gov to keep you poor and beat down? Or what possible advantage could it be to a oil company to price its gas way out of reach of its major world customer? Complaining about gas prices is like complaining about the weather,we may not like it ,but i doubt to many will shoot themselves because its too cold or gas is to high. Oil companies are making record profits simply because they are pumping oil at a rate never seen before to keep up with demand,and just like cattle it sells to the highest bidder.They put it on the market and its bought by the person with the deepest pockets,just like every other thing thats put up for sale in the world.
old
Well-known Member
- Location
- Camdenton Missouri
But external_link said at one time he was going to press for other energy and he also said to push for that he wanted to see fuel prices go up and yep they did. Ya if he did something to cause it or not it did
Not true the "Poor keep getting poorer". Anyone beneath the poverty level can get up to 52,000 per year in government assistance. Start with SSA disability, unemployment, stamp, WIC, home heating allowance, Earned income credit, school lunch, elderly lunch, urban housing assist, VA care, Medicaid, And I'm sure I left some out. Course you pretty much know this.
Anonymous-0
Well-known Member
Gas went to 3.80 here yesterday afternoon.Dosent matter why the price is up.Its hurting some people worse in the rural areas.Fuel oil price is hurting me.On road diesel fuel is 4.30 here.Killed my plan to buy a used diesel pickup.
Well, when they price themselves out of consumers then it will turn around. I am a farmer for a living. My crop seed went up by 40% this year. Mmmmm. But my profit margin didn"t and I can"t raise my prices because I am at top market price now. Mmmmmm. My cost is increasing due to oil prices. Not just fuel, but fertilizer and other products that are derived from oil. The price of fuel at the pump is not proportional to the price of a barrel. But the price of all that is derived isn"t even close to the what is payed. I have a friend that will remain nameless as he works for BP. He showed me a formula that shows how they break it down and BP will make about 500% profit on a barrel. I want to specify PROFIT. That"s over and above the cost of production of all the products that they make from a barrel. I too am in the business. Now If I was to price my crop at 500 times the going rate, how much would I sell? Mmmmmm. So who is BP and the other companies that this economy hinge upon going to stay in business once no one can afford their commodity? Hope all you defenders can eat that crude. I can"t but then again I can grow my own. In 1939 when the stock market crashed,80% of the people were on the farm or involved in a home business and 20% were consumers. Mmmmm. Now there are 20% on the farm and 80% consumers. Oh well, You can defend anyone you want, but the ultimate results are as they are. Could the production of domestic oil help? Could but then the Government and states would tax it and once again greed would jump right on their heads as Bill Cosby would say. No. I think it"s too late because people are too greedy and are only out for them selves. I was raised in a time when you did things just because it was the right thing to do without expecting anything in return. I had others do for me and my family. Mmmm. Wouldn"t it be nice if we thought about the future and didn"t have this immediate gratification thing so deeply engrained. I wouldn"t care what the priced of a gallon of fuel was, as long as it was proportional so that I could earn a living also. But if you are wealthy enough that it doesn"t bother you, then congratulations for being such a prosperous and successful member of society. By the way, Pelosi is a major stock holder in Exxon. Sure she wants the prices to go down. Yeaa. Mmmmm.
Y all be good now, Ye hear?
Y all be good now, Ye hear?
Fergienewbee
Well-known Member
Let's take a look at the $40.00 hype. If he cuts the social security tax by 2%, in order to get an extra 40 bucks you would have to make $2,000.00 a week. The average wage is around 33,000-35,000 a year. Most people will get around 12-15 dollars. His numbers are just BS like most of his empty promises.
Larry
Larry
RedRoundhead
Member
This is my favorite quote. It sums up governments in general very well, I think. It is a little long.
"The Party seeks power entirely for its own sake. We are not interested in the good of others; we are interested solely in power. Not wealth or luxury or long life or happiness: only power, pure power. What pure power means you will understand presently.
We are different from all the oligarchies of the past, in that we know what we are doing. All the others, even those who resembled ourselves, were cowards and hypocrites. The German Nazis and the Russian Communists came very close to us in their methods, but they never had the courage to recognize their own motives. They pretended, perhaps they even believed, that they had seized power unwillingly and for a limited time, and that just round the corner there lay a paradise where human beings would be free and equal. We are not like that. We know that no one ever seizes power with the intention of relinquishing it. Power is not a means; it is an end. One does not establish a dictatorship in order to safeguard a revolution; one makes the revolution in order to establish the dictatorship. The object of persecution is persecution. The object of torture is torture. The object of power is power."
-George Orwell, 1984
And really, why should government care about you? You are but data to be used in the calculations.
"The Party seeks power entirely for its own sake. We are not interested in the good of others; we are interested solely in power. Not wealth or luxury or long life or happiness: only power, pure power. What pure power means you will understand presently.
We are different from all the oligarchies of the past, in that we know what we are doing. All the others, even those who resembled ourselves, were cowards and hypocrites. The German Nazis and the Russian Communists came very close to us in their methods, but they never had the courage to recognize their own motives. They pretended, perhaps they even believed, that they had seized power unwillingly and for a limited time, and that just round the corner there lay a paradise where human beings would be free and equal. We are not like that. We know that no one ever seizes power with the intention of relinquishing it. Power is not a means; it is an end. One does not establish a dictatorship in order to safeguard a revolution; one makes the revolution in order to establish the dictatorship. The object of persecution is persecution. The object of torture is torture. The object of power is power."
-George Orwell, 1984
And really, why should government care about you? You are but data to be used in the calculations.
Anonymous-0
Well-known Member
I went into city to buy some lumber for picnic tables today;No traffic, no customers buying lumber.Gas is 3.94 today.The high price is working to kill the economy.Friend said we got a small SS raise because its an election year.My RE tax went up 9.5 percent.Ill have to raise my table prices 9.5 percent to stay even.
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