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

To: TimF who wrote (613153)	5/26/2011 10:15:48 PM
From: J_F_Shepard	Respond to of 1575854

"Not really true, but they do use a lot less. They don't burn oil based products as fuel. They do however use roads. Gasoline taxes fund road construction and maintenance (to the extent any tax can be said to fund just one area when money is fungible) The owners of electric cars don't pay the taxes the gasoline powered cars owner's pay so the electric cars are effectively subsidized." A pimple on an elephant's ass.....

To: TimF who wrote (613153)	5/27/2011 1:10:14 PM
From: combjelly	Read Replies (1) \| Respond to of 1575854

"They might instead choose to sell more at a somewhat lower end price, or make some other change." What changes would that be? Do you even know? You clearly have minimal knowledge of the industry, you demonstrate that all the time. The market for oil products is production limited for the most part. Refineries are huge, expensive facilities with next to zero labor costs in this day and age. Oil products are commodities, and low margin ones at that. So they take a very long time to amortize out, like decades, even at near 100% utilization. Which is a big reason why they just recently built the first refinery in decades in this country. The problem from the oil companies viewpoint is that they know we are approaching peak oil, if we aren't there already. Which build a new facility if you aren't sure that you can keep it utilized until you pay it off, much less make a profit? Surely even you can fit that into your theories...