Article: America’s hunger for gasoline falls and is unlikely to return

[gone-ot]

...GREED is a powerful motivator for more GREED.

...it's also one of the mantra's for industrialism, especially American Industrialism!

[99LeCouch]

Oh no, poor Exxon-Mobil needs our money to make another record profit this quarter because they projected steady increases in gasoline use! And they thought the petroleum-drunk Americans would continue their love affair with giant SUV's!

Wankers.

[gone-ot]

Originally Posted by 99LeCouch

Oh no, poor Exxon-Mobil needs our money to make another record profit this quarter...

...I rest my case.

[rmay635703]

Originally Posted by tjts1

None of this is true.

Not within the us borders, why do you suppose we have such a huge interest in having some of our oil processed outside of the US?

You can't trust hard figures anymore, they are usually provided to prop up some interest. Economics and news are not hard facts like ecomodding.

Floating oil lake likely to curb future oil prices | Reuters most production oil stored at sea old but still correct
Is The Crude Oil Market Destined For A Crash By The Contango Trade Unwinding? | Daily Markets
World Energy Alternatives - News Room - Global News

Also does it make logical sense that the real cost of refining is going up while the industry has nearly tripled output and increased the usuable fraction of crude from the same plants due to production method improvements? That doesn't make much sense. It is possible that hard costs are increasing due to decreased demand but also unlikely.

As an example (one my father knows about well)... This is just as rediculous as first student telling its drivers that it can't pay raises because its loosing money, despite the fact that all fuel, maintenance and a fund gotten from the government to provide a raise to bus drivers are all paid for by government whatever amount they are. Also add in the fact they made a landfall profit in their foreign branch in excess of total inputs in that market and had a loss in the US market, but the profit in the foreign sector was 3 times greater than any losses in all other sectiors combined, odd eh? Accounting can make all sorts of strange things happen

Also we have been expanding storage off shore sometime, many boats are floating storage tanks and have been since our economic downturn, you have gotta read between the lines. Sachs/Morgan stanley couldn't have continued to withhold and manipulate our oil market (specifically fuel oil on the east) without the bailout money and without storage

Oil Prices

Globally real demand fell in 09 with reductions in output. Chinas real demand for crude is consistantly LOWER and continues to be so.
Asia Times Online :: Middle East News, Iraq, Iran current affairs
Crude Oil Prices Tumble Below $75 Per Barrel
Interesting they list an interview I liked at digg

Also this is interesting but not the paticular info I was looking for
Cheap Oil is Here to Stay; Forget "Peak Oil," We Now Have "Peak Demand," We'll Never Run Out | Benzinga.com
The Breakthrough Institute: Cap & Trade: An Outsourcing Extravaganza?
ECONOMICROT
oldies but goodies, things have only gotten worse
cryptogon.com Oil Under $40; More Oil Stored on Ships at Sea Than at Any Time in The Last twenty Years

all sorts of info from various sources legit and not stating oil to fall massively yet the price rebounds and everybody forgets that demand has not returned.

When one country says price is decreasing and supply expanding and at the same time another has news stating to the contrary which is correct?

Somebody is wrong.

Thats why when I read through I read through many different sources of info, there is a bit of truth in everyone but never the whole truth, if you go just by what you consider to be legit sources you may find yourself decieved since those sources now more than ever have a very specific agenda.

Cheers
Ryan

[gone-ot]

...doesn't anybody remember any of the "...lessons..." from Viet Nam anymore?

...both military (I was there) and civilian "exaggerations" of combat "kills" and "successes"?

...the same people exist today.

[rmay635703]

Originally Posted by Old Tele man

...doesn't anybody remember any of the "...lessons..." from Viet Nam anymore?

...both military (I was there) and civilian "exaggerations" of combat "kills" and "successes"?

...the same people exist today.

Exactly, if people knew how facts and figures come to be made, especially in government offices they would, well, be appaulled. The news and figures even in very legit offices have very little accountability and even a small agenda can skew data and news to show something different.

I have no paticular love of oil but I do not like to see a fictional crisis causing profit mongering as a method of reducing demand for it either. I would prefer to see people on their own learn about the benefits of conservation and local food, organics and alternative energy/fuels.

My only hope is that people wake up and do stop using oil as much as possible so we can maybe regrow local economies, farms, etc. I don't think the political will is there to regain some of what made our society what it once was.

I think politically there is still too much interest in big money, not in actually doing the right things to benefit the countries people. AKA occasionally doing the right thing in the wrong way for the wrong reason.

Ah well, we really need more grass roots to get into congress, people with no affilliation to the current set of special interests. Heck even an Andrew Jackson like president might do us some good, clear house if you will.

Hopefully there isn't too much unnecessary suffering caused by misguided agenda.

Cheers
Ryan

[tjts1]

Originally Posted by rmay635703

Conspiracy theories

I'm sorry but reality simply doesn't agree with with your conspiracy theories. The fact remains that we consume less gas at a lower price than we did 2 years ago. That amount with continue to drop. That's a fact you can't argue with and the subject of this thread.

Originally Posted by Old Tele man

...GREED is a powerful motivator for more GREED.

Greed is the only universal motivator to improve the human condition. Greed is good. Deal with it.

[gone-ot]

Originally Posted by tjts1

Greed is the only universal motivator to improve the human condition. Greed is good. Deal with it.

Quote: "...all things in moderation...including moderation." (Mark Twain)

[thatguitarguy]

Originally Posted by tjts1

Greed is the only universal motivator to improve the human condition. Greed is good. Deal with it.

Merriam-Webster: greed - Pronunciation: \ˈgrēd\
Function: noun
Etymology: back-formation from greedy
Date: 1609

: a selfish and excessive desire for more of something (as money) than is needed



Wikipedia: Greed (also called avarice) in psychology is an inordinate desire to acquire or possess more than one needs or deserves, especially with respect to material wealth.



Can find nothing to substantiate your claim that "Greed is the only universal motivator to improve the human condition." Greed is the only universal motivator to criminal behavior, but it is not as altruistic as you seem to believe.

Do you teach your children to share, or to take everything they can get their hands on? I feel sorry for them if you do.

Deal with that.

[gone-ot]

Originally Posted by thatguitarguy

Wikipedia: Greed (also called avarice) in psychology is an inordinate desire to acquire or possess more than one needs or deserves, especially with respect to material wealth.

...that was the word that I was trying to remember, but couldn't!