Gas Prices
- Thread starter moreluck
- Start date
Brownslave688
You want a toe? I can get you a toe.
I don't see oil prices as the problem right now. Gas should be prob $3 or under with oil where it is.
Nimnim
The Nim
It's clear in the charts that TOS provided that gas prices indeed went up during W. Bush dramatically. What is also clear is they went up at the end of Carters term and subsequently went down through Reagan and H.W. Bush towards the levels that were more stable for the Clinton years.
The difference in the Clintons years, was he was able to STOP the oil companies from rising prices any further, despite their attempts at market manipulation by threatening to release the strategic reserves.
Once he made that threat, the oil traders backed off and held the price stable for 8 years until BUSH 2 came and screwed it all up.
Pretty simple stuff.
Peace
TOS
menotyou
bella amicizia
Remember Reagan?
Babagounj
Strength through joy
soberups
Pees in the brown Koolaid
I drive approximately 12,000 miles per year in my Prius, which gets about 50MPG.
If gas averages $3.50 per gallon, that means I spend $840 per year on gas for my car.
If I am "paying $900 a year more under Obama", does that mean that all my gas was free and I got $60 cash back per year when Bush was president? I dont seem to remember that....
Babagounj
Strength through joy
Lucky you.
Neither of my vehicles gets more than 20/mpg.
But then My lifestyle controls what vehicles I need.
I have never seen a Prius driving into the saltwater up to their wheel rims to launch a boat .However the local seagulls do seem to really enjoy sitting & crapping on their roofs.
Neither of my vehicles gets more than 20/mpg.
But then My lifestyle controls what vehicles I need.
I have never seen a Prius driving into the saltwater up to their wheel rims to launch a boat .However the local seagulls do seem to really enjoy sitting & crapping on their roofs.
soberups
Pees in the brown Koolaid
No...your lifestyle dictates what vehicles you choose to buy.
If you choose to buy a gas hog that is certainly your right, but you cant turn around and complain about the cost of filling it up. Choices have benefits as well as consequences.
FYI I also own a '96 friend-250 4x4 with only 125,000 original miles on it. Its paid for. Its got a 351 V-8 and it gets about 12MPG. If I need to haul or tow something, or if I need 4-wheel drive for the snow, I fire it up with no worry about how much it costs. Otherwise, it sits. I put less than 2500 miles a year on it, at that rate with basic maintainence it will still be running strong long past the point where I am too old to drive it anymore.
The oil companies only make about 5-6 cents per gallon. What we see is REVENUE for oil companies not the actual NET profit. Besides with all the regulation and TAXES up the ying yang on oil companies they HAVE to pass on the cost to us! Thank the government for getting in the way....
1BROWNWRENCH
Amatuer Malthusian
My state has almost the highest gas tax in the nation. I was on vacation on Kona this summer and gas was about the same there!!
beentheredonethat
Well-Known Member
TOS, once again you are wrong...
Take a look at this web site. HISTORY OF CRUDE OIL PRICES
Amazing how you make things up all the time.
I'm wondering.. Maybe you just don't know when a President's term expires. Maybe you are just so biased, you can't relate to how oil prices went up during Carter's years and went down under Reagan. I don't know of many people who say.. " ahhh if we could just go back to the good old days under Jimmy Carter".
Don't you remember Jimmy Carter and the whole Iran hostage situation?
Jimmy Carter ended his presidency on Jan 19th 1980.
When Carter took office in 1977 Oil was $14 per barrel.
When Carter left office in Jan 1981 Oil was at $38 per barrel. (Again, mostly due to the issues going on at time with Iran. (Oh BTW Carter handled that great.. but that's another subject). Note, this wasn't just a blip. In all of 1980 oil was also around this 38 price.
When Reagan left office in Jan 1989, oil was at $18.50 per barrel.
Check out the web site..
Amazing.. You are wrong again... Don't you get tired of being wrong so often?
One of these days, you'll write something that is true.
Bad Gas!
Well-Known Member
Is TOS ever right?....That hard left koolaid has blinded him in many ways!
beentheredonethat
Well-Known Member
What you fail to remember is that presidential elections took place in Nov 1980, Reagan didn't take office til 1981. I know you love to blame republicans, but at least remember when they take office before you start blaming them. So the problems in 1980 are due to Jimmy Carter. That's how I explain it.
Babagounj
Strength through joy
Yes tos, let's go back to the Carter era .
Mortgage rates were 15-20 %.
Opec decided who got oil .
I recall all those long lines to fill-up my Pinto .
Iran over ran our embassy & took hostages , and our military's response was a joke & resulted in our own troops dying .
You know tos, those were the good old days , so just kick back & grab yourself a cold Billy Beer .
Mortgage rates were 15-20 %.
Opec decided who got oil .
I recall all those long lines to fill-up my Pinto .
Iran over ran our embassy & took hostages , and our military's response was a joke & resulted in our own troops dying .
You know tos, those were the good old days , so just kick back & grab yourself a cold Billy Beer .
Then you would be wrong like the rest of the group. OIL under carter was still regulated and capped at 5 dollars a barrel. REAGAN lifted those restrictions and de regulated the oil industry in 1981. He began the systematic closure of refineries in order to drive the price of oil up in the commodies market. He did this in february 1981 one month after taking office. How are you enjoying his vision of capitalism today with respect to the price of oil?
Over the next 12 years after he took office, almost 50% of the USA's refining capacity was closed due to output levels. In 1981, refiners were operating at about 11%, and shutting them down increased production near 70% per refinery driving down supply and increasing costs.
People just dont bother to look at history, and rather, depend on talking heads for information, most of it wrong, twisted or false.
The price of oil in the charts dont lie. All you have to do is look at them. Something REAGAN fans refuse to accept.
Peace
TOS
When you say watching the troops die, are you talking about beirut? that was Reagans watch, correct?
Peace
TOS
island1fox
Well-Known Member
I thought it was Bushes fault ??
