Down with the evil Gas lords III: Kaak's Redemption

[Kidlicious]

Originally posted by Imran Siddiqui


Now where is my tinfoil hat smily?

translation: you're pwned again.

[Imran Siddiqui]

Originally posted by Kidicious
translation: you're pwned again.

"You keep using that word. I do not think it means what you think it means."
- Inigo Montoya

[Zkribbler]

My name is Zkribbler. You gouged my gasoline prices. Prepare to die.

[Imran Siddiqui]

I think it's going to be quite difficult to kill the King of Saudi Arabia

[Flubber]

Originally posted by Zkribbler


How 'bout Case 3(a): Lots of people saw the $20, but they reasoned the could become even richer by essacerbating a shortage by not picking it up.

Even if this were true, it could ONLY be true of the parties that currently have a large portion of the refining market. THis could not apply to parties that do not own refineries in the US marketplace currently and it would likely be only of marginal application to the folks with smaller chunks of the market.

[Flubber]

Originally posted by Kidicious


It's a market failure. More refineries are needed.

Not the question I asked. You said there were very good refinery projects that were not done.

Name one.

[Flubber]

Originally posted by Zkribbler
My name is Zkribbler. You gouged my gasoline prices. Prepare to die.

Nope. a local retailer or group of retailers may have but refiners ?? As has been shown repeatedly its a marginal business with rates of profits that would not interest most investors as they are too LOW.


I doubt that right now you would find many of the oil majors would want to look at doing refineries since they are stretched just trying to pump more oil and thats a much higher margin business

[Lawrence of Arabia]

Dear Apolyton,


Please put me out of my misery


Thank You


Signed,

Thread #151831

[Kidlicious]

Originally posted by Flubber


Not the question I asked. You said there were very good refinery projects that were not done.

Name one.

If refineries would have been built it would have been a net benefit to society (California anyway).

[Spiffor]

Originally posted by KrazyHorse
****, if gas doubled in price tomorrow it might cost me 50-60$ extra a month.

Which is about one month worth of average income in Mali.

[Spiffor]

Originally posted by Flubber
Its amazing what learning some facts can do. I'm happy you found a source that you trusted to tell you what has been said in these threads numerous times

I've found a figure. In the threads, I've found argumentations (and my posts were also argumentations), but I don't remember a factual figure stating that crude was x times more than the price of refining in the final price.

[Flubber]

Originally posted by Kidicious


If refineries would have been built it would have been a net benefit to society (California anyway).

OK -- Lets assume thats true.

"Net benefit to society" sounds like a government function not one that a given business enterprise is responsible for

[Kidlicious]

Originally posted by Flubber


OK -- Lets assume thats true.

"Net benefit to society" sounds like a government function not one that a given business enterprise is responsible for

They may want to take responsibility to avoid attention from the govt.

[Flubber]

Originally posted by Spiffor

I've found a figure. In the threads, I've found argumentations (and my posts were also argumentations), but I don't remember a factual figure stating that crude was x times more than the price of refining in the final price.

True-- Here is Canada such information is pretty common knowledge. They post a pie chart on all the gasoline pumps showing the breakdown.

[Kidlicious]

byw, I think the solutions proposed by the govt are pretty crappy. The rebate thing is just pathetic. I'm amazed at how stupid they think we are. Even the average American can see that that won't do a damn thing to fix the situation.