When analyzing why gas prices are too high I can to one conclusion:  its the governments fault.  They start unnecessary overseas wars, make 40 cents per gallon profit, and subsidize illogical "alternative fuels" like ethanol.  Putting this into perspective, oil companies only profit about ten cents per gallon.

RottingNation wrote:

When analyzing why gas prices are too high I can to one conclusion:  its the governments fault.  They start unnecessary overseas wars, make 40 cents per gallon profit, and subsidize illogical "alternative fuels" like ethanol.  Putting this into perspective, oil companies only profit about ten cents per gallon.

I wouldn't go as far as to blame the government, really, it's not thier fault.  All they do is try to give the people the supplies according to the demand. 

Really it comes down to the consumer.

sandra rinck wrote:

RottingNation wrote:

When analyzing why gas prices are too high I can to one conclusion:  its the governments fault.  They start unnecessary overseas wars, make 40 cents per gallon profit, and subsidize illogical "alternative fuels" like ethanol.  Putting this into perspective, oil companies only profit about ten cents per gallon.

I wouldn't go as far as to blame the government, really, it's not thier fault.  All they do is try to give the people the supplies according to the demand. 

Really it comes down to the consumer. 

I would say that the consumer has to bear some blame, but the government creates false demands when they subsidize both oil and ethanol.  Check out my hub on the topic for a more in depth look.

RottingNation wrote:

Check out my hub on the topic for a more in depth look.

Oh, than it is called SPAM here

RottingNation wrote:

sandra rinck wrote:

RottingNation wrote:

When analyzing why gas prices are too high I can to one conclusion:  its the governments fault.  They start unnecessary overseas wars, make 40 cents per gallon profit, and subsidize illogical "alternative fuels" like ethanol.  Putting this into perspective, oil companies only profit about ten cents per gallon.

I wouldn't go as far as to blame the government, really, it's not thier fault.  All they do is try to give the people the supplies according to the demand. 

Really it comes down to the consumer. 

I would say that the consumer has to bear some blame, but the government creates false demands when they subsidize both oil and ethanol.  Check out my hub on the topic for a more in depth look.

well whatever be the case, the only way to really fix the problem will ultimatly have to come from the consumers.  I don't believe the government can or will fix anything, but of course they are trying there best in different way to make it better. 

Us consumers are just too set in our ways to understand that the problem is us period.  trying to blame someone else for your consuption of gas is just well...stupid.  If you cant afford it, find another way, if you don' think that is fair, then what can anyone say? 

We create the problems together and we can't rely on a small group of people to fix the problem which is caused by the entire world.  My sh*t doesn't stink more than anyone elses.

Conspiracy, schmeracy, lol.  Go do something about it or just accept it.  I mean you would have to make changes to your own lifestyle, not demand change from somewhere else. 

It doesn't work like that and It wont work like that.  Even though I do wish it would and I do wish for an easy fix, I just know it wont happen.  So instead, I walk, I buy local goods, I turn off the lights not in use.  I turn off the water when brushing my teeth or washing my face.  I take quick showers, I reuse just about everything and give almost everything I buy back to a sencond hand stores or libraries or whever I know there is use for stuff.

All these things have a remarkable impact on oil.

Sandy, you keep surprising me

Looks like our takes on such issues are getting closer and closer

Most everyone in the world buys oil with US dollars. Because Bush has bankrupped the gov, the dollars becomes worth less and less. If you are a country selling crude oil, you have to raise the price of oil to keep the same value as the dollar becomes worth less. Only the US just prints money to pay for oil.
Who owns the Federal Reserve?

You should know how it is like in my country.
Right now I walk to work. I can't afford to take gasoline all the time.
And my car doesn't spend a lot. (Toyota Aygo)

Here is a story about it:

http://edition.cnn.com/2008/WORLD/europ … index.html

There is also a video of a protest.

knolyourself wrote:

Most everyone in the world buys oil with US dollars. Because Bush has bankrupped the gov, the dollars becomes worth less and less. If you are a country selling crude oil, you have to raise the price of oil to keep the same value as the dollar becomes worth less. Only the US just prints money to pay for oil.
Who owns the Federal Reserve?

Really??? I thought the fall of the U.S dollar was a product of outsourcing and free trade policy.
As far as I knew, America does not print more money to pay for oil.  It's a myth. 
For the most part, the Federal Reserves comes from the tax payers.  On average we pay about 15% to the federal government (an estimation of course) and about another 5% to the state, depending on what state you live in of course. 

Other causes for the decline of the american dollar comes from immigration.  Ileagal workers taking untaxed money back to thier countries which in turns increases thier buying power within thier nations and decreases the buying power of our own currency.

On October 16, 1973, OPEC cut production of oil and placed an embargo on shipments of crude oil to the West, with the United States and the Netherlands specifically targeted. The Netherlands had supplied arms to Israel and allowed the Americans to use Dutch airfields for supply runs to Israel.

http://en.wikipedia.org/wiki/1973_oil_crisis

Same thing happening today. US backs Israel and prices go up as production goes down. The war in Iraq surely makes it a little worse, but it is still like the oil producing nations are blackmailing us, or trying to.

I agree that the dollar is weak because so much was printed. It was done in 71 after the US pulled out of the Bretton Woods agreement. Other countries followed and oil was then priced based on the US dollar.

According to my knowledge the Federal Reserve has nothing to do with the US. It is a worldwide organization. They set the standards so to speak of what the interest rates are and they do help at times by raising the prime rate slightly.

1973 France wanted gold for the money the US owed them, and Nixon said
No gold, and took the US off the international gold standard, which had backed the dollar before. The dollar became worthless thus the oil spike. The US made an agreement with Saudi Arabia, to keep the oil producing monarchies in place, {arms and remember Kuwait} in exchange for the use of oil, to back the dollar in replacement for gold. What they need to do to save the dollar is what they did back then, or raise interest rates to 20%. But they won't so good luck.

SirDent wrote:

According to my knowledge the Federal Reserve has nothing to do with the US. It is a worldwide organization. They set the standards so to speak of what the interest rates are and they do help at times by raising the prime rate slightly.

Sorry SirDent,
this is a mistake. Federal Reserve belongs to USA and its power goes only to USA. Other countries have similar bodies of their own.

Right Misha, but privately owned.

Misha wrote:

SirDent wrote:

According to my knowledge the Federal Reserve has nothing to do with the US. It is a worldwide organization. They set the standards so to speak of what the interest rates are and they do help at times by raising the prime rate slightly.

Sorry SirDent,
this is a mistake. Federal Reserve belongs to USA and its power goes only to USA. Other countries have similar bodies of their own.

Thanks for the clarification Misha.

As far as the Fed is concerned, you should all dig a little deeper.  The Federal Reserve has no interest in the well being of the citizens of America.  It is legally a private corporation which serves the ultra rich.  Start here: http://www.save-a-patriot.org/files/view/frcourt.html

As far as the high price of gas is concerned it has little to do with supply and demand.  America and its government are controlled by corporate interests.  We live in a plutocracy or, if you prefer, a corporatocracy.  Bottom line is, our country and most of the world, is controlled by a very small number of ultra-wealthy individuals operating through monolithic international “corporate persons” created, mostly, in the United States.  They know global peak has been reached for the production of oil and that, in order for the human race to survive into the future, we MUST switch to solar and wind as our primary sources of power.  This presents a very serious problem for the energy monopolies like ExxonMobil et al.  The use of solar and wind would allow individuals private ownership of their source of energy.  Their homes would be completely self sufficient and their electric vehicles could be charged at no cost to anyone.  There would be no further need for commercial energy production and the existence of these corporations would no longer be justified.  This would be incredibly beneficial for the entire planet over the long term.  Unfortunately the psychopaths that control the “free market” have no ability to see beyond the next quarter.  They worship money and power and live only for the immediate gratification it brings them.  They are more than willing to aid in the extinction of the human race so long as it allows them their moment of glory.
Until free market capitalism in all its forms is eliminated there will never be hope for any “civilization” among humans.  Frankly I think our extinction is overdue.  Once we are gone the Earth will heal itself and life will be able to flourish in harmony with nature once again.

'There would be no further need for commercial energy production and the existence of these corporations would no longer be justified.' That would seem is the crux of the problem. Hits it on the head, what are they goin' to do. Personally I'm likin' hydrogen generator in the garage. Will be huge transformation of the economy if they allow it. However we survived the democrazation of knowledge, i.e. the computer thus far, although some are working for corporate control.

now if we could just find a way to afford this....

sandra rinck wrote:

now if we could just find a way to afford this....

write more hubs

Misha wrote:

sandra rinck wrote:

now if we could just find a way to afford this....

write more hubs

LMAO Misha! 

Easy.  Cut the "defense" budget by about 60%.  Stop corporate welfare.  Restore the pre-bush taxes for the ultra-wealthy.
I could go on but I think you get my drift.