05-31-2006, 01:44 PM
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Commentator
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Join Date: Mar 2004
Location: Occupied California
Posts: 1,445
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Originally Posted by BuckNaked";p="
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My point was simply: the more oil produced in the U.S., the less that needs to be imported (a somewhat costly activty that tends to increase the price). Was any part of your reply aimed at that fact?
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WE, us, the United States doesn’t have enough refineries to supply our countries needs! Having more oil available to process doesn’t mean they can refine more or faster for that matter, the way you are suggesting???
Are we talking about the same thing??? |
Nope. My point is above. I would elaborate, but I just don't know how I could explain it any more plainly than I already have.
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Originally Posted by BuckNaked";p="
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Actually, it does, but that's neither here nor there. In any case, it sounds like you are describing a phenomena known as "inflation". For example, in 1920 the real price of gas (excluding taxes) was twice as high as in 1995.
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We talking about the same 1920’s when most people didn’t have cars, or for the most part never went more than 50 miles from their home in their entire life, except maybe when they fought in the war, or were not dependent on gasoline in general??? Nice cover but it’s not in any way comparable to 1995 by any stretch of the imagination!!! |
Again, I'm not sure who you are debating. If you don't like 1920, then pick 1981 (the height of the oil shock). In 2003, the real price of gas (adjusting for inflation and taxes) was 26% lower than in 1981.
Your claim was that the price of gas "never drops lower than the last significant increase". Obviously it does.
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Originally Posted by BuckNaked";p="
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If I am naive, shouldn't it be rather easy for you to present mountains of evidence proving that every Justice on the Supreme Court is in the pocket of Big Oil? I'll just wait for that, then...
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Actually you are the one trying to make the case for their favoritism’s, not me?? I asked you if you believed;
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Never in the history of the US has there ever been any evidence that a judge took a bribe or had personal opinions that swayed their decision, or ever based their decision on other beliefs such as religion, race, creed, or the simple threat of financial stability???
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Do you believe no judge has ever made a decision based on other beliefs other than the “law”?
Then I offered an excellent example of how the court justices have ignored the law, and made decisions on one of those other variables;
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This the same supreme court that said we have to provide medical and educational benefits for illegal trespassers, so they can continue to live illegally among us??? Hmmm, you don’t suppose they might have been swayed by the fact that sending all those Mexicans back to Mexico, where they belong, would have a considerable short term negative effect on their personal portfolio, would it???
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Cause in this example, they certainly didn’t make that decision based on the laws on the books, that says it is illegal to hire, harbor, transport, or aid an abed, known criminals, AKA illegal aliens!!! It would seem highly probable that they took into count the damage that may be sustained, overall, in areas like the stock market, or their own pocketbook, if they put a legitimate choke hold on any industry for any and all indiscretions???
Still from the link above;
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Our national security is threatened by a growing reliance on foreign sources of refined petroleum products. It serves the national interest to increase refinery capacity for gasoline, heating oil, diesel fuel and jet fuel wherever located within the United States, to bring more supply to the markets for use by the American people.
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And as I said before, neither side of the extremist level (environmentalists, or corporate oil companies) want them built!! Environmentalists because of the oil companies blatant disregard for the environment, or the oil companies, creating a situation where prices would “have” to go down!! |
So that would be a "no" on the evidence, then?
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Originally Posted by BuckNaked";p="
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My point is that innovation is quite capable of occurring independent of government funding (as was the case with the first oil well drilled in Titusville, PA in 1859).
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Interesting story!! Investors were in the process of shutting down the operation when the drilling crew saw oil seeping! At about 69 feet they struck oil, but they weren’t the first!!! The first actual oil wells were dug for water and faithfully abandoned when the dreaded oil came to the surface. |
Yep, and not one dollar of taxpayer money was needed.
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