SkyDekker 1,465 #76 April 10, 2012 Quotebut you don't understand, when those that can afford the new cars trade in the old ones, the lower income people buy the used cars, they are the ones that can not afford to repair them. with all the technology on the newer cars they are very expensive to repair and alot of the buyers of used cars can not afford them, if they colud they would have just bought a new car. You are starting to sound awefully liberal. If they cannot afford a new car, they just aren't working hard enough. Quote Share this post Link to post Share on other sites
shah269 0 #77 April 10, 2012 QuoteIf they cannot afford a new car, they just aren't working hard enough. yeah right! that's a horrible thing to think! and with gass at $4+/gal it's getting a bit nutty!Life through good thoughts, good words, and good deeds is necessary to ensure happiness and to keep chaos at bay. The only thing that falls from the sky is birdshit and fools! Quote Share this post Link to post Share on other sites
marks2065 0 #78 April 10, 2012 QuoteQuotebut you don't understand, when those that can afford the new cars trade in the old ones, the lower income people buy the used cars, they are the ones that can not afford to repair them. with all the technology on the newer cars they are very expensive to repair and alot of the buyers of used cars can not afford them, if they colud they would have just bought a new car. You are starting to sound awefully liberal. If they cannot afford a new car, they just aren't working hard enough. no, the epa regulations are what is driving up the price for repairs, people have no choice except not own a car. Quote Share this post Link to post Share on other sites
SkyDekker 1,465 #79 April 10, 2012 Quoteyeah right! that's a horrible thing to think! and with gass at $4+/gal it's getting a bit nutty! So, get more refineries built. Or stop relying on your car. Gas prices have only one way to go....up. Quote Share this post Link to post Share on other sites
marks2065 0 #80 April 10, 2012 QuoteQuoteyeah right! that's a horrible thing to think! and with gass at $4+/gal it's getting a bit nutty! So, get more refineries built. Or stop relying on your car. Gas prices have only one way to go....up. thanks to this administration reducing drilling permits, driving oil futures up. Quote Share this post Link to post Share on other sites
SkyDekker 1,465 #81 April 10, 2012 Quoteno, the epa regulations are what is driving up the price for repairs, people have no choice except not own a car. And all those pesky safety regulations. Cars would be a lot cheaper without lighting systems, airbags, safety belts... Quote Share this post Link to post Share on other sites
SkyDekker 1,465 #82 April 10, 2012 Quotethanks to this administration reducing drilling permits, driving oil futures up. Not quite. But you will never believe anything to the contrary. Quote Share this post Link to post Share on other sites
shah269 0 #83 April 10, 2012 QuoteQuoteQuoteyeah right! that's a horrible thing to think! and with gass at $4+/gal it's getting a bit nutty! So, get more refineries built. Or stop relying on your car. Gas prices have only one way to go....up. thanks to this administration reducing drilling permits, driving oil futures up. Ah but our capacity has gone up since Obama. It's higher than it was under Bush 1 or Bush 2.0 No this is now getting a bit nutty for those who can't affor it.Life through good thoughts, good words, and good deeds is necessary to ensure happiness and to keep chaos at bay. The only thing that falls from the sky is birdshit and fools! Quote Share this post Link to post Share on other sites
billvon 2,991 #84 April 10, 2012 >no, the epa regulations are what is driving up the price for repairs . . . . ?? The EPA hasn't added new requirements for car systems since the 1980's. All the latest gadgets have come from the car manufacturers, not the EPA. >thanks to this administration reducing drilling permits, driving oil futures up. I was worried that you had made three consecutive posts without blaming Obama for something! Things are back to normal here Unfortunately, both oil production and number of oil rigs in the US are at an all time high, which makes that argument somewhat invalid. Quote Share this post Link to post Share on other sites
shah269 0 #85 April 10, 2012 QuoteUnfortunately, both oil production and number of oil rigs in the US are at an all time high, which makes that argument somewhat invalid. Yeah so what gives?Life through good thoughts, good words, and good deeds is necessary to ensure happiness and to keep chaos at bay. The only thing that falls from the sky is birdshit and fools! Quote Share this post Link to post Share on other sites
billvon 2,991 #86 April 10, 2012 >Yeah so what gives? Demand is going up faster than supply can handle it. Not just here - developing countries like India are increasing their demand amazingly quickly. That's one reason the oil companies are pushing for the Keystone pipeline to go all the way to Houston - so we can export more oil. Quote Share this post Link to post Share on other sites
shah269 0 #87 April 10, 2012 so.....4 months ago China and India didn't need as much oil as they do this month? OK!Life through good thoughts, good words, and good deeds is necessary to ensure happiness and to keep chaos at bay. The only thing that falls from the sky is birdshit and fools! Quote Share this post Link to post Share on other sites
DanG 1 #88 April 10, 2012 There was an interesting report on Marketplace (NPR, so the usual suspects can stop reading now) yesterday about gas prices. There are seasonal pressures, including the fact that many refineries traditionally shut down for maintenance in the spring, so refining capacity is low this time of year. Also, there are upward pressures on crude oil due to perceived future trouble in the Gulf regarding Iran. Therew were other factors as well, but I can't remember everything the guy said. In short, though, gas prices at the pump are not as simple as "Drill, Baby, Drill." - Dan G Quote Share this post Link to post Share on other sites
kallend 2,027 #89 April 10, 2012 QuoteThere was an interesting report on Marketplace (NPR, so the usual suspects can stop reading now) yesterday about gas prices. There are seasonal pressures, including the fact that many refineries traditionally shut down for maintenance in the spring, so refining capacity is low this time of year. Also, there are upward pressures on crude oil due to perceived future trouble in the Gulf regarding Iran. Therew were other factors as well, but I can't remember everything the guy said. In short, though, gas prices at the pump are not as simple as "Drill, Baby, Drill." But when all you have is a hammer (speaking metaphorically), then problems look like nails.... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
SkyDekker 1,465 #90 April 10, 2012 QuoteIn short, though, gas prices at the pump are not as simple as "Drill, Baby, Drill." Correct. Since oil companies make the majority of their profits from upstream operations, there is significant benefit in convincing people that increased drilling will lower prices at the pumps. Quote Share this post Link to post Share on other sites
marks2065 0 #91 April 10, 2012 Quote>no, the epa regulations are what is driving up the price for repairs . . . . ?? The EPA hasn't added new requirements for car systems since the 1980's. All the latest gadgets have come from the car manufacturers, not the EPA. >thanks to this administration reducing drilling permits, driving oil futures up. I was worried that you had made three consecutive posts without blaming Obama for something! Things are back to normal here Unfortunately, both oil production and number of oil rigs in the US are at an all time high, which makes that argument somewhat invalid. Wrong the epa has made gas mileage requirement changes that have to be met by 2012, 2016, and 2020. average of all cars per manufacturer have to meet 35.5 mpg and lower emissions. Here is an article about it.http://www.washingtontimes.com/news/2010/apr/02/white-house-sets-stricter-gas-mileage-rules/ And this was set by this administartion. Quote Share this post Link to post Share on other sites
marks2065 0 #92 April 10, 2012 QuoteQuotethanks to this administration reducing drilling permits, driving oil futures up. Not quite. But you will never believe anything to the contrary. Quite but you will never believe anything to the contraryhttp://bluecollarphilosophy.com/2012/03/fewer-oil-drilling-permits-issued-under-obama-than-bush-video/ Quote Share this post Link to post Share on other sites
billvon 2,991 #93 April 10, 2012 >Wrong the epa has made gas mileage requirement changes that have to >be met by 2012, 2016, and 2020. CAFE has been around since 1975 and the requirements have been going up ever since then. The requirements went up in 1978, 1979, 1980, 1981, 1982, 1983, 1984, 1985, 1986, 1987, 1989. 1990, 1993, 1994, 1995, 1996, 2005, 2006, 2007, 2008, 2009, 2010 and 2011. Nothing new. And if anyone says "but THESE new standards are new and different and will make cars too expensive to make!" then no one will believe them. They've said that too many times before. Quote Share this post Link to post Share on other sites
SkyDekker 1,465 #94 April 11, 2012 Except that is not what is driving the prices at the pump. Quite frequently prices at the pump rise, even as oil falls. Oil supply is not the issue at this point. Refinery capacity is, driving up wholesale prices. Guess who benefits from increased oil and wholesale prices? Guess where Exxon makes most of their profits.... More drilling will result in bigger profits for the oil companies, but will have no effect on the price at the pumps. My stock portfolio will like it, but it is not a solution for pump price reduction. Quote Share this post Link to post Share on other sites
billvon 2,991 #95 April 11, 2012 >More drilling will result in bigger profits for the oil companies, but will have >no effect on the price at the pumps. And once the Keystone pipeline is extended to the Gulf, so those oil companies can ship refined fuels out of the US for Latin America - guess what will happen to US gasoline prices then? Quote Share this post Link to post Share on other sites