OT: Gas Prices - Page 7

Azselendor · #61 April 24th, 2006, 06:13 PM

Everyone might be ripping us off, but the Oil Industry is making them all look like amatures. The problem is demand is going up and up and and they can keep raising prices. If you increase taxes on it, people will still pay.

It's like walmart syndrome.

capnq · #62 April 24th, 2006, 09:05 PM

Actually, I wasn't talking about some theoretical nuclear waste tossed into the the sun, but about the glassified waste that we're currently producing as a storage solution.

dogscoff · #63 April 25th, 2006, 05:21 AM

You want lower fuel bills? Get one of these: http://news.bbc.co.uk/1/hi/technology/4930794.stm

I've been wanting a Smartcar for ages, but it's just a little too small for me & my wife to have it as our only vehicle.

narf poit chez BOOM · #64 April 25th, 2006, 02:31 PM

I wouldn't fit very well in the front seat and I'm not sure I can beleive anybody but a midget could fit in the back.

Azselendor · #65 April 26th, 2006, 01:21 AM

I heard something interesting and something worrying too.

An analyst on CNN attributed rising gas prices to demand from China as well as the oil industry gouging. At first I thought that was harmless, but then the what-if, paranoid thought entered my mind that maybe China is forcing gas prices up intentionally. They don't have to worry about loosing money on paying higher gas prices since most of the US's merchandise and goods are currently being produced in china meaning china gets the money to pay higher prices.

Just a paranoid thought.

narf poit chez BOOM · #66 April 26th, 2006, 01:36 AM

There's a lot of people in china.

Renegade 13 · #67 April 26th, 2006, 03:09 AM

And there's some scary people in charge of China...

Ragnarok-X · #68 April 26th, 2006, 01:32 PM

FYI,
over here one litre of gas (not diesel, lead-free) costs exactly 1,63 $ atm. You can see where your prices are going within the next months, should the iran-issue further escalate.

narf poit chez BOOM · #69 April 26th, 2006, 01:37 PM

Yes, but they don't need to do anything to make their populace consume a lot.

Baron Munchausen · #70 April 26th, 2006, 01:46 PM

Quote:

KlvinoHRGA said:
I heard something interesting and something worrying too.

An analyst on CNN attributed rising gas prices to demand from China as well as the oil industry gouging. At first I thought that was harmless, but then the what-if, paranoid thought entered my mind that maybe China is forcing gas prices up intentionally. They don't have to worry about loosing money on paying higher gas prices since most of the US's merchandise and goods are currently being produced in china meaning china gets the money to pay higher prices.

Just a paranoid thought.

China is #2 in petroluem usage, having recently passed Japan, but that doesn't tell the whole story. The US is still way out ahead of China in total usage at over 20 million barrels a day while China 'only' uses about 6.5 millions barrels a day. Incredibly, the increase in USA oil usage over the last decade has been about as much as China's total usage today! Looks like the lessons of the 1970s oil shocks have not been learned. Americans just cannot seem to learn the meaning of 'conserve'...

Interesting statistics and info: http://www.gravmag.com/oil.html

http://www.energybulletin.net/15185.html

How's this for nerve? The leader of a country that consumes more than 20 million barrels of oil a day is warning the leader of a country that consumes some 6.5 million barrels not to try to lock up world oil resources. When President Bush welcomes the Chinese president, Hu Jintao, to the White House today, the American complaint will be that China's appetite for oil affects its stance on Iran, Sudan and other trouble spots.