Thread: Gas $9 a gallon

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As intriguing an idea as that is (an Atlas Shrugged moment would perhaps shock some sense into the public which would then, hopefully, reach the politicians), they're actually just selling the 2200 retail units they own, they'll be strictly a wholesale supplier for that part of the company.

[QUOTE=Bob Parmenter]As intriguing an idea as that is (an Atlas Shrugged moment would perhaps shock some sense into the public which would then, hopefully, reach the politicians),QUOTE]


Kind of doubt it would make a bit of difference Uncle Bob.... As with anything else, the democrats would blame the republicans, the republicans would blame the democrats, and the majority of the population would just sit on their thumbs and wait for the government to fix it.... DDSS

Just a correction, the tax on gas in the UK is not allocated to healthcare, it is just added to the piggy bank for our government to waste, sorry spend, healthis one but it is not specific.
We also pay an average of $400 in road tax per year to be on the road in the first place, before you push the gas peddle.
Over and out on this one.

.....yes, we are not suppose to discuse politics so I won't mention any particular party; BUT the bottom line is that one political party is FOR offshore drilling & FOR drilling in Alaska and the other party is AGAINST It!!! If we were to drill in Alaska & offshore the price of oil would plummit because of increased supply..... Some in the 'against party' also want to increase taxes on the oil company's profits. Money that is used on research & development. Research & development that will lead to more supply which will lead to cheaper oil. Money that is used to hire more employees for research & development, which will lead to improving the economy by lowering the unemployment rate. 'They' also want to raise the tax rate on dividend income from 15% back to 35%. Which will lead to less money being reinvested in the economy. Yes, raise the tax rate on dividends when dividend income is ALREADY taxed TWICE! Yes, they tax corporations on their profits, then the corporations pay out dividends to shareholders {the owners of the company's} & then the shareholders are taxed on the money AGAIN! The economy WILL improve by people reinvesting their money in the economy NOT by the government taxing people more so they {the govenment} can spend more on 'free be' programs. 'Free be' programs DON'T stimulate the economy! Company's & shareholders do it by reinvesting in the economy!!!! And while I'm on it, another thing, is the 'other party' wants to raise the capital gains rate on stock sales, home sales, etc. Well when you raise capital gains rates people DON'T sell their investments because they don't want to pay the rediculously high taxes. So they just hold them. If they hold them nothing gets reinvested in the economy. If capital gains rates stay low then people sell assets, pay their tax {which helps the govenments deficite} & then reinvest the procedes in another investment, which in turn helps the economy....... & so on..... I'm done... Good nite.... Bill

Don Shillady wrote:

Hey it's time for another time out for me!

Why Don?? You're just stating what so many of us are thinking and you say it so elegantly!

I am damn sick and tired of all of the eco-terrorist, tree huggers and do gooders who feel all the rest of us need to suffer for our sins. I say if we got oil in our territories, let's drill it and let's build the refineries to refine it. We also could use a few more nuke plants (hell, I live 20 miles for 3 Mile Island) to support the growing need of electricity and to help the continously upward spiraling of the cost of de-regulated electricity. I also think we need more prisons and less paroling of criminals, and I also don't think we need more sex offenders and psychiatric nut cases living in our communities like the some of the well meaning activists do. ( I notice the offenders never seem to end up in the same neighborhoods as the activists ). And while this may not be popular, I believe that the death penalty can be a deterrent and that rehabilitation does not work in the majority of cases.

Unfortunately, those who we have elected are less concerned about our needs, then they are about theirs.

Well, Don, I guess maybe it's nap time for both us.

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I also don't think we need more sex offenders and psychiatric nut cases living in our communities like the some of the well meaning activists do. ( I notice the offenders never seem to end up in the same neighborhoods as the activists ).

Sex offenders should not get a second chance. They let them out, and they do the same thing over, and over. If they can’t execute them turn them over to Lorena, Bobbit, if I misspelled her name you know who I’m talking about unless you were not around at that particular time.

Richard

Well so far I have not been banned so here is some interesting good news I found in the local newspaper (Richmond Times Dispatch) from the Associated Press, "Oil companies get OK to annoy polar bears". Apparently the U.S. Fish and Wildlife agency has given explicit written permission to seven oil companies to "annoy and potentially harm them (polar bears) in the pursuit of oil and natural gas." The article estimates that only about 2000 polar bears out of a total of 25,000 living in the Artic live in the Chukchi Sea where the exploration sites were leased. This agreement was made before the polar bear was designated an endangered species but apparently still holds. However, I had a sidewalk debate with an Environmentalist today and he is well informed but he kept saying the U.S. needs another Manhattan Project for energy, but I replied we already had a Manhattan Project and the result was and is nuclear energy. We went through the analogous argument for the problem of municipal sewage treatment and he rightly notes that nuclear waste is deadlier and lasts longer than raw sewage. I wonder where France disposes of it's nuclear waste, really, I would like to know. Anyway I left him with an assignment to find out how much energy comes to the Earth each day from the Sun and whether that is enough at 100% efficiencty to provide energy needs worldwide. I will also check this but it is my present understanding that even if all photovoltaic cells were 100% efficient and a maximum of wind mills are running, that will not provide eneough energy. Only fossil fuels and nuclear fuels have enough potential. On the one hand the darkness of North Korea compared to the rest of the world at night implies some waste of energy for night lighting and pollution like hexavalent chromium doccumented by Erin Brockavich does argue for checks and balances in environmental policy, BUT (!) the bottom line is that I am on a fixed income and I just had the last payment of my "Copper Parachute" severance which maybe I squandered on my roadster so unless I go to work again the annual increase in minimum wage proposed by one of the candidates will leave me in the dust in spite of Social Security COLA. Rationally, I think all methods need to be utilized for energy, conservation, solar, biofuel, wind and continued oil drilling but to just suddenly choke off petroleum energy when in fact there is a LOT of oil in ANWAR, the Chukchi Sea, off-shore in several places and the Bakken field in North Dakota and Montana is simply obstructionist! My last comment for today on this is that while some folks can roll with the increase in prices due to the cost of oil, I have to hope for one heck of a COLA (Cost of Living Adjustment) in my Social Security and of course that brings up the question of the solvency of Soc. Sec., the national debt etc. I entered the Soc. Sec. system at age 15 and I was amazed when I applied for benefits at age 66 that they had a record of my earnings for every year all the way back! Still when I go to the garage and look at that nearly finished roadster it is continuity with not only gas prices of $0.259/gallon but also the 1929 year that both my parents graduated from high school and I really like that chrome '29 grill shell and the rear quarter panels of the '29 roadster are in my brain forever so I will just have to stay close to home and run the "nostalgia machine" on occasional weekends because I don't think I can abandon it even if I wanted to.

Don Shillady
Retired Scientist/teen rodder