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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: SilentZ who wrote (228454)4/9/2005 1:52:49 PM
From: 10K a day  Respond to of 1578563
 
>I drive a lot, and I'm going to end up spending close to 4K in gas this year, unless I get my act together and buy a hybrid (I went to look at the Accord yesterday; pretty nice, but they don't come with a sunroof

I don't think you'll find many of these.
BMW race car that goes 187 and zero to 60 in < 6 sec.
:)
newstarget.com



To: SilentZ who wrote (228454)4/9/2005 4:04:46 PM
From: i-node  Read Replies (1) | Respond to of 1578563
 
>>> There's no reason that gas should be like 150% higher than it was in 1999.

In 1965, gasoline was 27.9/gallon. My dad's fast food joint charged $0.10 for a Coke. Today, a Coke is $1.50, or 15x the 1965 pricing. Gas is $2.20, or 8x the 1965 pricing.

Why are you not after Coca Cola? My dad's walk-in, sit down restuarant sold an 8 ounce filet mignon for $0.95. Today, you can't touch a filet of this quality for under $18 where I live. Are you after the beef industry?

The oil companies are simply responding to increased oil pricing. This is complicated, but maybe your PhD candidate friend can help you out. If oil is at $30/bbl and goes up to $50/bbl, gasoline at the pump increases accordingly. But oil company gross profit percentages stay the same, meaning total gross margin increases.

That's okay, because it is market driven. If the oil companies were making too much money, we would have new oil companies turning up every day, building new refineries and delivering to their local gas stations. But they aren't.

Markets. Supply and demand. Complicated, I know. But you can get it if you put your liberal, communist dogma aside and realize that capitalism is a good thing.