Grr, gas bullshit
Posted by Holly.
So, oil company profits are up at least 36%. Guess how much gas prices have risen in the same time? 33%. coincidence? fuck no. bastards.
a mother who lost her son in iraq has been camping outside Bush’s ranch in Texas, protesting the continued presence of our troops there. who wants to pile into the metro (and any other non-gas-guzzling vehicle we can find) and camp outside the ranch until the administration makes a INCREASE in the freaking taxes on oil companies and the price of fuel comes down to reasonable levels.
GAH! I HATE BUSH! i’m so tired of not being able to fight back against his bonehead policies. why are people so stupid?
p.s. we need a more angry mood gif than “annoyed”, cuz that sure don’t cover what i’m feeling right now.
This entry was posted
on Thursday, August 11th, 2005 
at 6:42 pm and is filed under bitching.
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August 11th, 2005 at 7:11 pm Using
ha ha. how appropriate that this post is, according to the “Blog Stats”, #666.
August 12th, 2005 at 11:51 am Using
Hmm, with my close connections to the gas and oil industry at the moment (or at least the fuel pumping part of it) I have to tell you that the profit per gallon of gas has gone down since the prices started going up.
For that matter, the reason prices are so high is really just a matter of supply and demand. There’s a little bit of hysterical pricing going on as well just due to uncertainty in the middle east, but a lot of the problem is that we haven’t invested in refineries lately to keep up with domestic demand for gas. Also, other places (like China) have dramatically increasing demands for oil. All together, that makes the price really rise.
And of course, when you figure in inflation, the real cost of gas is pretty comparable to what we’ve always been paying.
So to restate, the reason why oil company profits are going up is just because people are buying a lot more gas. Blame it on people who feel the need to drive SUVs when they never carry anything more than a kid or two.
August 12th, 2005 at 1:25 pm Using
i’m just paranoid and suspicious of the oil companies. but i’m really surprised that inflation has been that bad over 6 years. i remember gas being 99cents a gallon, and i thought that was my senior year of high school.
August 12th, 2005 at 9:35 pm Using
Well, I know I always witnessed the oil co’s jacking prices up as fast as they can when they rise, yet when the prices start to fall the cost of gas does not. I guess this could be that they bought the gas when it was expensive, but the paranoid alaskan part of me loves to suspect otherwise.
August 12th, 2005 at 11:42 pm Using
Well, jacking up prices as soon as you can and lower it slowly is the right way to do business. It comes from the fact that you can’t tell the future. Any gas that you sell has to be replaces and you have to pay the new price for the replacement so you want to raise the price quickly. On the other hand, when the price drops, you’re sitting on gas that you paid a lot for so you have to keep charging the high price since you don’t know if the price decrease is a long-term thing.
Basically, profits aren’t a bad thing. This runs on the wheels of business and business has to make money or it ceases to be. If you think that something is too expensive, stop buying it. If people agree with you, they’ll stop buying too and the price will drop to a point where people are willing to pay for the item again. People are willing to pay a lot for gas though. I’m guessing it’ll be up over $3.50 before people really get concerned.
And I remember buying gas for $0.67 a gallon when I started driving. (And that was Alaskan gas which was a good 8 cents more than down south.)
August 13th, 2005 at 12:29 am Using
the gas industry really has us by the balls, so to speak. it’s hard to just stop buying gas. though i am trying to minimize what i use. very few people are going to say, “right then, up yours gas companies, i’ll walk everywhere until you lower your prices!” granted, it doesn’t speak well for us that most americans are too out of shape to travel even a mile to work without motor-driven wheels. yeah, i could suck it up and try to get back into shape and walk, but that’s a hell of a long way to go with a dog, backpack full of textbooks, and laptop.
August 24th, 2005 at 7:16 pm Using
Last week in Oregon (well, I think it was Idaho actually) I saw $2.93/gallon, which is a new record for me, well in the States anyway. Of course I can’t really gloat since my car is busted currently, but a month ago I could feel smug at my 40-50 miles/gallon economy.
August 24th, 2005 at 7:18 pm Using
Holly, I never saw your last post…
You just got to be creative… Get a backpack for Myra and have her carry the books and laptop.
Then get some insurance for the laptop.
And a skateboard and strong leash so you can just let her pull.