What's going on with gas prices?

[PandaBear]

Originally Posted by grampi
Originally Posted by dave1251
Originally Posted by grampi
The way you guys talk, they might as well just raise the price to $10 a gallon...if you want to get rid of your money this badly, you can send it to me instead of paying for oil exec's lavish pensions...



This is another post which makes no sense two in 15 minutes. It must be a crazy day in the world.


Have you not read any of the posts in this thread? Most people in here don't seem to care about gas price gouging...


1. If I don't agree with you I have to send you $10 a gallon.
2. If you don't like it is gouging, and that I don't care (actually I do care if it is gouging, but I don't care if you don't like it).

The reality is, despite it not being "your" market economy, it is a game of bargaining power and you don't have as much as the oil companies do, so you can't do much about it other than drive less (if you don't want to buy a penalty box to save gas).

I did all I can to use less (hybrid, small car, no SUVs, etc), and I do care about the price. I just don't care about you.

 

[JeffKeryk]

Originally Posted by grampi
Originally Posted by 02SE
Grampi, I think you need to finally go buy that 'Vette, and get out and enjoy yourself.

In a booming economy, there is more demand for oil. The price is going to go up...


I plan on it...

I've had 4 Corvettes.
Model 3 is way more fun; it also solves your gas issue.
Your results may vary.

 

[Al]

Delete

 

[Al]

Originally Posted by grampi

Oil trading operates in a cartel market, which is not the same as a true open, free market, which is why we see the huge price swings all the time...

Grampi you are so uninformed. You would think something that bugs you so badly would cause you to read up on things. But you keep spouting the same sht. Oil like everything else is a commodity, traded world-wide like oats, corn, beef (in some cases). Its hard to trade tomatoes bc..well you figure it out. But 95% of stuff we use..whether we eat it, wear it, or buy things made of durable materialsis a COMMODITY . Commodilties are priced on Spot Markets. They rise and fall, ultimately by demand. The benefit is that they allow stability (relatively) by futures mechanisms and sophisticated trading paradigms.

Please educate yourself..,.yea I am talking to this glass of wine in front of me....

If someone dropped a gold brick at your feet you would be complaining that if gold were not a commodity there would be two gold bricks there. But while you are complaning someone would walk off with them.

 

[grampi]

Originally Posted by PandaBear
Originally Posted by grampi
Originally Posted by dave1251
Originally Posted by grampi
The way you guys talk, they might as well just raise the price to $10 a gallon...if you want to get rid of your money this badly, you can send it to me instead of paying for oil exec's lavish pensions...



This is another post which makes no sense two in 15 minutes. It must be a crazy day in the world.


Have you not read any of the posts in this thread? Most people in here don't seem to care about gas price gouging...


1. If I don't agree with you I have to send you $10 a gallon.
2. If you don't like it is gouging, and that I don't care (actually I do care if it is gouging, but I don't care if you don't like it).

The reality is, despite it not being "your" market economy, it is a game of bargaining power and you don't have as much as the oil companies do, so you can't do much about it other than drive less (if you don't want to buy a penalty box to save gas).

I did all I can to use less (hybrid, small car, no SUVs, etc), and I do care about the price. I just don't care about you.


So now you've made it personal? Some people...

 

[grampi]

Originally Posted by JeffKeryk
Originally Posted by grampi
Originally Posted by 02SE
Grampi, I think you need to finally go buy that 'Vette, and get out and enjoy yourself.

In a booming economy, there is more demand for oil. The price is going to go up...


I plan on it...

I've had 4 Corvettes.
Model 3 is way more fun; it also solves your gas issue.
Your results may vary.


What is a model 3 Corvette? Never heard of that one...

 

[grampi]

Originally Posted by Al
Originally Posted by grampi

Oil trading operates in a cartel market, which is not the same as a true open, free market, which is why we see the huge price swings all the time...

Grampi you are so uninformed. You would think something that bugs you so badly would cause you to read up on things. But you keep spouting the same sht. Oil like everything else is a commodity, traded world-wide like oats, corn, beef (in some cases). Its hard to trade tomatoes bc..well you figure it out. But 95% of stuff we use..whether we eat it, wear it, or buy things made of durable materialsis a COMMODITY . Commodilties are priced on Spot Markets. They rise and fall, ultimately by demand. The benefit is that they allow stability (relatively) by futures mechanisms and sophisticated trading paradigms.

Please educate yourself..,.yea I am talking to this glass of wine in front of me....

If someone dropped a gold brick at your feet you would be complaining that if gold were not a commodity there would be two gold bricks there. But while you are complaning someone would walk off with them.

I don't recall saying crude oil products were not a commodity, I said they operate in a cartel market, which they do. Maybe you should look that word up...

 

[OVERKILL]

Originally Posted by grampi
Originally Posted by JeffKeryk
Originally Posted by grampi
Originally Posted by 02SE
Grampi, I think you need to finally go buy that 'Vette, and get out and enjoy yourself.

In a booming economy, there is more demand for oil. The price is going to go up...


I plan on it...

I've had 4 Corvettes.
Model 3 is way more fun; it also solves your gas issue.
Your results may vary.


What is a model 3 Corvette? Never heard of that one...


Model 3 Tesla, it's his current vehicle.

 

[grampi]

Originally Posted by OVERKILL
What is a model 3 Corvette? Never heard of that one...


Model 3 Tesla, it's his current vehicle. [/quote]
Sure, know anyone who has one for sale at the same price I can get a C5 Corvette for? I thought not...

 

[PandaBear]

Originally Posted by grampi
So now you've made it personal? Some people...


I'm sorry you feel this way, but I really don't care if you think this is personal at all, I was just responding to your statement and explain why. If you don't like the answer you can substitute your own (as you already did). Have a good day.

 

[4WD]

All of them the same year model as the Tesla ?

 

[grampi]

Originally Posted by PandaBear
Originally Posted by grampi
So now you've made it personal? Some people...


I'm sorry you feel this way, but I really don't care if you think this is personal at all, I was just responding to your statement and explain why. If you don't like the answer you can substitute your own (as you already did). Have a good day.


Point is, none of my posts were personal...too bad you can't extend the same courtesy...

 

[Dallas69]

He's from California

 

[JeffKeryk]

Grampi - come and take if for a spin. Original L36 427 4 speed.
Gets great mileage as compared to the '70 LS6 coupe I had.

 

[Al]

Originally Posted by grampi

I don't recall saying crude oil products were not a commodity, I said they operate in a cartel market, which they do. Maybe you should look that word up...


You said:
Quote
Oil trading operates in a cartel market, which is not the same as a true open, free market, which is why we see the huge price swings all the time...

Yes OPEC is a Cartel..so what? Itsmembersproduce 40% of the world's oil..so what? Everythingon tyhe planet is produced to a specifiedquantity to get themaximum return. The daysof OPEC driving prices ended decades ago.

And otherwise you are incorrect (still) when you stated "which is not the same as a true open, free market, which is why we see the huge price swings all the time..." again you refuse to address the facts or educate yourself. Idon't know which it is. I take pride at the age of 73 in trying to get facts and understand them as clearly as I can. You should perhaps consider that. I think it is good for your brain.

 

[PandaBear]

Originally Posted by grampi
Point is, none of my posts were personal...too bad you can't extend the same courtesy...


My point exactly. My post is nothing personal either but somehow you make it sound like everyone is nuts and crazy because they don't agree with you.

Go back to my original statement, I think I should have said it better. Maybe something like, in the grand scheme of things we all feel different about the market and prices, but just because it is expensive and someone complain, I don't have to agree with you or be labeled unusual (whether because others don't care about price as elitist or brained washed or being politically liberal). Maybe, just maybe, we all shouldn't care too much about how each other thinks, because we will always be disagreeing with each other.

 

[Patman]

Originally Posted by JeffKeryk

I've had 4 Corvettes.
Model 3 is way more fun; it also solves your gas issue.
Your results may vary.


Most people's results would vary, as I don't know too many Corvette owners that would say a Tesla is more fun than a Corvette. Yes, those electric motors are very responsive to the throttle and on a full charge will do 0-60 quicker than a Corvette. But they won't handle or brake the same, and plus us Corvette owners love the sound of a V8. And most would also agree the Model 3 is not a good looking vehicle compared to ANY year Corvette ever made.

Don't get me wrong, I would love to have a Tesla, but not as a substitute for my Corvette, it would replace the Honda.

 

[Al]

I dunno grampi, as long as you are gonna be that geezer with the sports car, go with the Civic type R. 50% better gas mileage, almost 50% cheaper, just as quick. Probably more reliable.

If I were into performance I would take 2 micro sceonds to decide on the Type R. As it is, my lowly Forester Turbo suits me just fine. I can embarass any studly pickup on the road.

 

[JeffKeryk]

Originally Posted by Patman
Originally Posted by JeffKeryk

I've had 4 Corvettes.
Model 3 is way more fun; it also solves your gas issue.
Your results may vary.


Most people's results would vary, as I don't know too many Corvette owners that would say a Tesla is more fun than a Corvette. Yes, those electric motors are very responsive to the throttle and on a full charge will do 0-60 quicker than a Corvette. But they won't handle or brake the same, and plus us Corvette owners love the sound of a V8. And most would also agree the Model 3 is not a good looking vehicle compared to ANY year Corvette ever made.

Don't get me wrong, I would love to have a Tesla, but not as a substitute for my Corvette, it would replace the Honda.

I was just kidding. I love Corvettes. When that mid engine model comes out...

 

[grampi]

Originally Posted by Al
Originally Posted by grampi

I don't recall saying crude oil products were not a commodity, I said they operate in a cartel market, which they do. Maybe you should look that word up...


You said:
Quote
Oil trading operates in a cartel market, which is not the same as a true open, free market, which is why we see the huge price swings all the time...

Yes OPEC is a Cartel..so what? Itsmembersproduce 40% of the world's oil..so what? Everythingon tyhe planet is produced to a specifiedquantity to get themaximum return. The daysof OPEC driving prices ended decades ago.

And otherwise you are incorrect (still) when you stated "which is not the same as a true open, free market, which is why we see the huge price swings all the time..." again you refuse to address the facts or educate yourself. Idon't know which it is. I take pride at the age of 73 in trying to get facts and understand them as clearly as I can. You should perhaps consider that. I think it is good for your brain.


I don't know what else to tell you. If you don't believe that the oil industry being a cartel doesn't give them the ability to control their own prices, then it sounds like you are the one who needs to get educated, because it does.