Getting closer...

Skogen · Post by **Skogen** » April 11, 2006, 1:38 pm

http://www.cnn.com/2006/WORLD/meast/04/ ... index.html

Israel has already made it known that if the UN or the US can't put a stop to a nuclear Iran, they will! Getting closer to things getting even more "interesting" in the middle east!

Drasta · Post by **Drasta** » April 11, 2006, 1:40 pm

hopefully they will all finally wipe eachother out so it doesn't cost me 30 bucks to fill up my car anymore!

Sueven · Post by **Sueven** » April 11, 2006, 2:05 pm

Someone wiser correct me if I'm wrong, but:

Isn't gasoline so heavily subsidized that our current prices are still cheaper than they would be in an honest market?

masteen · Post by **masteen** » April 11, 2006, 2:17 pm

An honest market for oil is an impossibility, as the OPEC cartel/oil companies have a virtual monopoly on both the supply and the processing.

kyoukan · Post by **kyoukan** » April 11, 2006, 2:19 pm

Sueven wrote:Someone wiser correct me if I'm wrong, but:

Isn't gasoline so heavily subsidized that our current prices are still cheaper than they would be in an honest market?

Gas prices are the opposite of subsidized. You're taxed to fuck on them and the government allows oilcos to fix prices.

kyoukan · Post by **kyoukan** » April 11, 2006, 2:20 pm

masteen wrote:An honest market for oil is an impossibility, as the OPEC cartel/oil companies have a virtual monopoly on both the supply and the processing.

opec produces less than half of the world's crude and refines almost none of it. what?

Cartalas · Post by **Cartalas** » April 11, 2006, 2:24 pm

kyoukan wrote:
masteen wrote:An honest market for oil is an impossibility, as the OPEC cartel/oil companies have a virtual monopoly on both the supply and the processing.
opec produces less than half of the world's crude and refines almost none of it. what?

Thats why he included " cartel/oil companies" sorry for interupting you can go back to being an uninformed cunt.

Hoarmurath · Post by **Hoarmurath** » April 11, 2006, 2:31 pm

Cartalas wrote:Thats why he included " cartel/oil companies" sorry for interupting you can go back to being an uninformed cunt.

So besides oil companies, who drills for and refines oil?

miir · Post by **miir** » April 11, 2006, 2:54 pm

Cartalas wrote:
kyoukan wrote:
masteen wrote:An honest market for oil is an impossibility, as the OPEC cartel/oil companies have a virtual monopoly on both the supply and the processing.
opec produces less than half of the world's crude and refines almost none of it. what?
Thats why he included " cartel/oil companies" sorry for interupting you can go back to being an uninformed cunt.

He meant the oil companies that are a part of the OPEC cartel... he only specified 'oil companies' for the retards like you who don't actually know what the word cartel means.

Cartalas · Post by **Cartalas** » April 11, 2006, 2:58 pm

miir wrote:
Cartalas wrote:
kyoukan wrote:
masteen wrote:An honest market for oil is an impossibility, as the OPEC cartel/oil companies have a virtual monopoly on both the supply and the processing.
opec produces less than half of the world's crude and refines almost none of it. what?
Thats why he included " cartel/oil companies" sorry for interupting you can go back to being an uninformed cunt.
He meant the oil companies that are a part of the OPEC cartel... he only specified 'oil companies' for the retards like you who don't actually know what the word cartel means.

Main Entry: car·tel
Pronunciation: kär-'tel
Function: noun
Etymology: French, letter of defiance, from Old Italian cartello, literally, placard, from carta leaf of paper -- more at CARD
1 : a written agreement between belligerent nations
2 : a combination of independent commercial or industrial enterprises designed to limit competition or fix prices
3 : a combination of political groups for common action

Just in case you didnt know.

Post by **Sylvus** » April 11, 2006, 3:10 pm

He's got you there, miir. Knew it off the top of his head.

Sueven · Post by **Sueven** » April 11, 2006, 3:20 pm

Gas prices are the opposite of subsidized. You're taxed to fuck on them and the government allows oilcos to fix prices.

So are the higher gas prices in Europe a result of them being taxed even more to hell than we are?

Cartalas · Post by **Cartalas** » April 11, 2006, 3:21 pm

Sylvus wrote:He's got you there, miir. Knew it off the top of his head.

Look at my name its CARTALas

Wulfran · Post by **Wulfran** » April 11, 2006, 4:01 pm

Sueven wrote:
Gas prices are the opposite of subsidized. You're taxed to fuck on them and the government allows oilcos to fix prices.
So are the higher gas prices in Europe a result of them being taxed even more to hell than we are?

I can't speak for Europe but the differences between Canada and the US (about $1 US or so a gallon) is tax. I don't find it unlikely that a lot of the European price could be that as well... (Master Drolgin? Hesten? Any other Euros? Hell even Sajko the Unilluminated?

)

Skogen · Post by **Skogen** » April 11, 2006, 4:25 pm

kyoukan wrote:
masteen wrote:An honest market for oil is an impossibility, as the OPEC cartel/oil companies have a virtual monopoly on both the supply and the processing.
opec produces less than half of the world's crude and refines almost none of it. what?

40% of the worlds oil supplying countries getting together & setting there production quotas is close enough to control the market of crude....refining, well that raping comes from the oil companies that keep making record profits!

Aabidano · Post by **Aabidano** » April 11, 2006, 5:49 pm

Sueven wrote:So are the higher gas prices in Europe a result of them being taxed even more to hell than we are?

Short answer - Yes

Higher labor and distribution costs play in as well, but most of it is taxes.

Kelshara · Post by **Kelshara** » April 11, 2006, 7:27 pm

Sueven wrote:
Gas prices are the opposite of subsidized. You're taxed to fuck on them and the government allows oilcos to fix prices.
So are the higher gas prices in Europe a result of them being taxed even more to hell than we are?

Yes we have high gas prices due to taxes. Of course those taxes are put directly into road construction etc so we actually see the results of them. Some of it is also used for mass transportation systems.

Voronwë · Post by **Voronwë** » April 11, 2006, 7:47 pm

our gas taxes are supposedly earmarked for road repair as well in the US.

And with as geographically spread out as this country is, there are a lot of roads to repair.

kyoukan · Post by **kyoukan** » April 11, 2006, 10:03 pm

Skogen wrote:40% of the worlds oil supplying countries getting together & setting there production quotas is close enough to control the market of crude....refining, well that raping comes from the oil companies that keep making record profits!

that is categorically untrue, and the reason why most people don't get outraged by the gouging they take at the gas pump. they can certainly influence the price, but if a major non opec oil supplying nation decided to sell at a much lower price (and still make an obscene profit), then they certainly could. they do not because the market will pay whatever price is set and it is wasting money to sell it at anything less.

hugo chavez was originally going to start selling crude at a much lower price so they could up their production, but the decision to do so was unpopular in venezuela and opec nations got salty over it. but he could have.