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| Joined: | Sun Sep 4th, 2005 |
| Location: | Florida &, Arizona USA |
| Posts: | 11288 |
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I don't think you can really compare to gas. But, ok. Gas is completely manipulated and really has very little to do with supply and demand. Yes, I know they tell you it does. How much is gas in China? Cheap? Remember those pics of streets full of bikes? Now what do you see cluttering the streets of China? There is no shortage. Unless you have pulled up to a pump and have seen a sorry we are empty sign. Nobody- nobody- nobody knows how much crude there is. There is no shortage of plastic goods hitting the shelves. Demand in this country is down, reserves are full, and yet gas prices still rise. They manipulate supply as well as demand. It is a joke. Companies who have supply problems don't tend to have record profits year after year. When the Florida citrus industry gets hhit by something that reduces supply and prices skyrocket, do they make record profits? Demand is still there. They just don't make the profits. What is the price a diesel? Why? Diesel is a byproduct. It is what is left over. Sludge. Why is it so much these days? Rant over. Sorry. The lies by these companies bother me. I'm a capitalist so I don't care if they are making money. I will find a way to join them. I just hate the lies that they spew.
As far as movements are concerned. I guess companies don't want to invest in the infrastructure to build these things. Probably because the popularity could be over tomorrow. If they keep inflating the prices we will see new companies. Maybe a 3t factory in the US would be nice. Enough profit and there will be new companies. The question will be if they get gobbled up. I can't imagine it is too difficult to reverse engineer a movement. I'm not really certain as to why we don't see more companies besides some Chinese and Russian. The only guess I can come up with. There really isn't the demand.
Well, the supply of oil is plentiful, but the problem is, politicians won't let us get to that supply. As the price goes up, the supply becomes more plentiful as the "bigger" dollar make it economically feasible to use that source. Gasoline and oil products are not as nearly available as they should be, once again, because of the politicians. Oil companies are so restricted by government regulation that it is economically unfeasible to build new refineries to handle the production of oil products needed.
For example, the US companies can't drill in the Gulf of Mexico because the environmental freaks have made it impossible...yet Cuba and Mexico can drill in those very same spots and nothing can be done about it. Which countries and whose technology do you think we lessen the chance of environmental damage?
I am so tired of hearing about price gouging an excess profits, it's ridiculous. The average net profit to the "BIG OIL" company is $0.14 per gallon. They must discover it, pump it, transport it, refine it distribute it and pump it. The federal Gov't alone, taxes gasoline at $0.187 per gallon and they do absolutely nothing for it except cash the checks the oil companies send them...the states take another $0.10 to $0.45 per gallon in taxes...again, for doing absolutely nothing...and then they all tend to squander it buying votes.
As to corporate taxes...corporations don't pay taxes...they merely collect them as a pass through cost to the consumer...WE pay corporate taxes in the price WE are charged for a product and/or service. Basic common sense!
End of rant!
Back on topic...I don't like Sellita movements either!:P