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If you would do that, I would read it. I can't vouch for agreement, but I do respect your opinion on such things.
I would not think that oil companies need tax breaks, but do think the windfall tax is stupid idea.
I can, but I doubt you'd listen so I won't spend the 5 minutes required to type it up.
If you would do that, I would read it. I can't vouch for agreement, but I do respect your opinion on such things.
I would not think that oil companies need tax breaks, but do think the windfall tax is stupid idea.
In that case, look for a Super Scott Spectacular on Oil and Taxes. To be covered: tax "breaks", wildfall profit taxes, and gas tax holidays. Except where confronted with extreme stupidity of the idea, I'll try to provide the basis for why any of the above would be warranted.
As to avoid getting lost in the shuffle of Clandestino bashing, I'll start a new thread (also meets the requirments of my one new thread ever quarter quota).
the biggest crooks are the companies selling city water in a bottle!!! hahaha.. that cracks me up.
I agree.
What a freaking racket.
one 16 ounce plastic bottle: $0.005
16 ounces of tap water: $0.00005
Watching suckers pay $1.29 for bottled tap water: Priceless.
Especially here in Oregon, it doesn't make sense. We have some of the softest, cleanest tap water in the world. From Your Water Needs dot com:
Not only is our ground water soft, the Portland metro area gets most of it's water directly from the mountain run-off.
On top of that, I don't see how many reports where tap water is said to be safer and cleaner than bottled water in most cases.
Here's another one:
I gave up on finding the world maps I located years ago when I brewed beer. I used to have data on the contents of various mineral concentrations as well.
With more detailed resolution in numbers, the Oregon area was the softed region in the USA and not many places compared in the world. Unless you specifically want mineral water, good 'ol Orogon Tap water is just fine. So clean the chlorine levels aren't even noticable due to the small abount needed.
were getting close to busting this thread out again!!!
Man, I sure hope so. I was scared less about the prospect of paying over $4/gallon for heating oil this winter.
I don't think it will drop that low again, ever.
I didn't think we'd ever see it dip below $3.00 a gallon again.
Current prices in my town;
http://www.toledogasprices.com/Perrysburg/index.aspx
It may very well drop to about $50, given a global recession.
Even so, I predict it going up massively over the next 20 years. Sustained prices in the $200/bbl range at the end of that time is my best guess
It is creeping downwards...
I see it breaking the $50/bbl mark during the US recession.
I was waiting for this thread to be bumped.
wow, this is an epic thread, well before my time.
-Mars
They screwed themselves anyways. People realize how quick those prices can jump... if they could've found a way to keep gas prices low artificially, then people wouldn't have freaked. As it is, now car companies prominently proclaim MPG on ads instead of Horsepower. They killed the golden goose, for want of a few more golden eggs.
its $50 a barrell for one reason
NO SPECULATORS.
That and a total drop in demand due to the global slowdown and US recession.
Re-read this, and a small correction is in order:
There will likely not be a global "recession", as the overall global economic growth, even with a US recession is forecast to be positive over the next couple of years.
Better term: global slowdown. Positive growth, just not as much as we have had in the last few years.
Remember that the US economy, although still large, represents an increasingly shrinking part of the overall global economy.
I think the key is that what used to be basically the ceiling is now most likely the floor.
Note how everybody is happy about $2.00 per gallon gas when not that long ago everybody in Texas nearly had a stroke when they first saw it.
it was over 100 for a reason too.. opec ing everyone... they are wanting to drop production now because the price is dropping so rapidly.
"opec ing everyone"
Saudis said they had more oil for delivery than they had buyers. It wasn't even majoritarily a supply/demand mismatch.
Speculation (Wall St, etc) added many 10s of $ to the price at its peak, as they did to agricultural commodities months ago.
Speculators, having taking their profits, have fled commodities, for now.
OPEC is BIG OIL.......common sense is hard to come by these days.
So ing true.
Why $2 Gas Is Amazing: Three reasons it should be cheaper.
dated May 19, 2004
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