Comments on: My New Car http://www.anthonychild.com/blog/2008/06/10/my-new-car/ Anthony & Krissie Child Tue, 26 Jan 2010 05:38:58 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Denise http://www.anthonychild.com/blog/2008/06/10/my-new-car/comment-page-1/#comment-21 Denise Wed, 11 Jun 2008 03:55:42 +0000 http://www.anthonychild.com/blog/?p=62#comment-21 Mike's hit the nail on the head with this one. He actually beat me to the comment. The oil compaines aren't doing anything wrong. In fact, I would say that they are actually being messed over just as bad as the consumer. Since the government won't let them do anything to help oil production, the only logical outcome is that the prices go up. The government is "screwing over America", not the oil compaines. Mike’s hit the nail on the head with this one. He actually beat me to the comment. The oil compaines aren’t doing anything wrong. In fact, I would say that they are actually being messed over just as bad as the consumer. Since the government won’t let them do anything to help oil production, the only logical outcome is that the prices go up. The government is “screwing over America”, not the oil compaines.

]]> By: Michael, the Sin City Conservative http://www.anthonychild.com/blog/2008/06/10/my-new-car/comment-page-1/#comment-18 Michael, the Sin City Conservative Wed, 11 Jun 2008 00:57:06 +0000 http://www.anthonychild.com/blog/?p=62#comment-18 So, I've done no research on this, so hopefully, my comments aren't misinformed. Does it let off water vapor? If so, then, according to environmentalists, it will still be a no-no. Also, are "the gas companies... really screwing over America"? If so, how? We here about their record profits, but forget to talk about the fact that, net of all taxes and expenses, they are making about 4%. The Government (Fed & State) are making about 15% (in corporate and gas taxes) from the oil companies and at the pump. The oil companies have, for years, been asking to drill in more places and to build new refinaries. The Environmental Lobby has successfully prevented that from happening. Simple economics; is we would have more crude oil on the market, the price would drop. Interesting fact; the amount of oil refined in the United States has dropped by about 50% since 1982. In other words, we are refining less oil here in the United States than we did in 1982. Again, simple economics; less of a product will cause the price to go up. To cause gas prices to go down, one of two things needs to happen. 1) Less demand. 2) More supply. I change my driving habits to use less oil, there is a little bit less demand. You get a car that uses no oil, there is a little less demand. However, we have such untaped potential for oil, that we can cause a huge increase in the supply. That will help everything come back down in price. After we reduce the price by increasing the supply, there will be more capital to start to look for more alternatives. However, with crude oil as high as it is right now, everything else has gotten more expensive. This includes things as far distant has contstruction (they use gas/diesel for everything), to rock (it gets crushed by machines that use gas), to food (tractors on the Farm, trucks to haul it to the store, furtilizer), to shoes (plastic), to toys (plastic), etc, etc. And, therefore, since things are so expensive, there is little extra money for business and individuals to look for alternative energy.... So, I’ve done no research on this, so hopefully, my comments aren’t misinformed.

Does it let off water vapor? If so, then, according to environmentalists, it will still be a no-no.

Also, are “the gas companies… really screwing over America”? If so, how? We here about their record profits, but forget to talk about the fact that, net of all taxes and expenses, they are making about 4%. The Government (Fed & State) are making about 15% (in corporate and gas taxes) from the oil companies and at the pump. The oil companies have, for years, been asking to drill in more places and to build new refinaries. The Environmental Lobby has successfully prevented that from happening. Simple economics; is we would have more crude oil on the market, the price would drop. Interesting fact; the amount of oil refined in the United States has dropped by about 50% since 1982. In other words, we are refining less oil here in the United States than we did in 1982. Again, simple economics; less of a product will cause the price to go up.

To cause gas prices to go down, one of two things needs to happen.
1) Less demand.
2) More supply.

I change my driving habits to use less oil, there is a little bit less demand. You get a car that uses no oil, there is a little less demand. However, we have such untaped potential for oil, that we can cause a huge increase in the supply. That will help everything come back down in price. After we reduce the price by increasing the supply, there will be more capital to start to look for more alternatives. However, with crude oil as high as it is right now, everything else has gotten more expensive. This includes things as far distant has contstruction (they use gas/diesel for everything), to rock (it gets crushed by machines that use gas), to food (tractors on the Farm, trucks to haul it to the store, furtilizer), to shoes (plastic), to toys (plastic), etc, etc. And, therefore, since things are so expensive, there is little extra money for business and individuals to look for alternative energy….

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