Saturday, August 21, 2010

Oil Prices: Should we stop dealing with OPEC.?

I, for one would rather pay more or have the government start drilling locally than to be held hostage by those OPEC nations (who want to harm us anyways).





What do you think?Oil Prices: Should we stop dealing with OPEC.?
you are closer to the problem than most people who blame the evil oil companies, OPEC is the problem but how do you fight against the biggest monopoly in the world, that's like going against Microsoft hard just hardOil Prices: Should we stop dealing with OPEC.?
With India and China consuming more and more, it has been and will continue to be a supply and demand issue, and the price being set by OPEC. The problem is that most people do not understand supply and demand economics and what the structure is of the cost of gas per gallon. Do you know that we are using more oil now than EVER before! People are driving at an alarming rate. Do you realize how much petroleum鈥檚 used in making plastics and then how many things we use are made of plastics? The oil company makes about 12 cents a gallon as profit. The rest is made up of Federal and State taxes, the cost of exploration and the cost of production, Refining and then the cost of the additives that we have to put in the gas (we call it designer gas, thanks to the environmentalist wacko's). Do you know that we have not built a refinery in almost 60 years? (thanks again environmentalist). The refineries that we have are working at capacity and that is not enough to keep up with demand. Do you know that we hardly get any oil from the Middle East? Yes we are not in Iraq for oil, they have enough to export but not as much as you think. Even iran imports most of their oil. Most people think that is where it all comes from. Not true. We get our oil form Canada, Mexico, Venezuela and Africa, in that order. What we get from Saudi is a very small %. You want the cost of gas to drop....STOP driving or at the very least cut back 10% and you'll see gas prices drop. In additin to that we need to open up the ANWR for drilling and off our coasts and the Gulf, as well as exploit the new found pools in the Wyoming Range (thanks again environmentalist) OR come up with an alternate fuel. Even if you had a viable economic alternative fuel source, the productin and the distributiuion of it is decades away. Wake up people, cut back!
More pressure should be used. Also make peace with Venezuela, and release surplus oil. Bush won't do any of the above, because he's raking in oil profits, and is beholden to Saudi Arabia, the leader of the OPEC Gang
The best solution is to not let the oil companys rule the country and be able to lie and do what they want with the public.


It is all a big hoaz! grow up they are making record profits.
yes we should stop using gas as a central source of methanol to begin with.


We should start using methane and making methanol out of it.
If the US were to stop dealing with OPEC, I hope you enjoy gas at $20 or more a gal.





I can afford it, but I wonder how many others can?
We have synthetic oil ready to go from when Carter was President. Then OPEC dropped the price quick. Lets do it again.
We should stop protecting the OPEC nations with our Military.
Yeah sure, I don't like driving my car anyways.

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