[Ansteorra] gas prices too high...sorry had to share this

Faelan Caimbeul faelancaimbeul at gmail.com
Wed Apr 26 21:29:35 PDT 2006


Fine, then pump our own oil. We have literally centuries of oil reserves.
Open them.

Faelan

-----Original Message-----
From: ansteorra-bounces+faelancaimbeul=gmail.com at ansteorra.org
[mailto:ansteorra-bounces+faelancaimbeul=gmail.com at ansteorra.org] On Behalf
Of Shane B
Sent: Wednesday, April 26, 2006 5:21 PM
To: Kingdom of Ansteorra - SCA, Inc.
Subject: RE: [Ansteorra] gas prices too high...sorry had to share this

A price freeze never seems to work in the long run or so recent 
history tells us.  If the President sets a cap on the oil prices who 
is going to tell OPEC to freeze the price on a barrel of 
oil??  Didn't we try this in the 70's?  Under Carter?  I am not sure 
but I think so.  I wish I had the answers.  They are not coming from 
EITHER side of the aisle in Congress...

Alastair


>No, the solution is a presidential cap on gas prices at $1.00, plus tax
>(Hawaii's governor did this at $2.00, it is possible and legal). That would
>stop all the rampant B.S. of the oil barons. They'd have to turn the pumps
>back on, flood the market with gas, and then we'd all be happy again, and
ya
>know what, they'd STILL BE FILTHY RICH. They're no legitimate reason for
the
>prices, they're just greedy and are using September 11 as an excuse to loot
>and pillage the masses.
>
>Of course, since the President IS an oil baron, it's not very likely to
>happen. He's getting richer while the rest of us get poorer. It's like
>reverse Robin Hood, rob from the poor and give to the rich.
>
>Faelan
>
>Rebbe Hadassah Sarai bas Yossi wrote:
>
> >    If this makes sense to you, please pass this message
> >    on. I suggest that we not buy from EXXON/MOBIL  UNTIL
> >    THEY LOWER THEIR PRICES TO THE $1.30 RANGE AND KEEP
> >    THEM DOWN. THIS CAN REALLY WORK
> >
> >
> >
>No, it can't.
>Silly idea from people who know nothing about the oil industry or
economics.
>
>Gasoline, $ 3.00 / gallon
>Federal taxes   0.40
>Station owner's cut, (pays the salaryof the workers, bills, property
>tax, etc.) 0.03
>ExxonMobil's cut  under franchise contract  0.01
>Delivery charge 0.03
>Processing  costs 0.25  (operating costs, maintanence, salary of
>operators, catalysts, etc.)
>Raw material cost (price of oil per barrel times @1.35 divided by 42
>gallons per barrel)
>for $71 per barrel    2.28
>total 3.00
>
>Price of oil is set by market demand.  $1.30 gasoline requires oil at $18
>At $1 per barrel, the cost would be $ 0.75
>
>
>That 1.35 number? Not all of a barrel can be made into gasoline, and
>some of it is used to fuel the refinery itself, to generate high
>pressure steam, electricity, make hydrogen,  etc.
>
>I f people really did boycot EM, since the demand for oil would remain
>the same, EM would simply sell its gasoline to other companies at
>wholesale price and delivered by pipeline.
>No taxes paid by EM, delivery cost drops to 0.0000001 per gallon, no
>dealing with all those franchise holders problems.
>All the franchise holders lose everything, EM closes down that business,
>takes a one time tax loss of $8 billion dollars (which you get to make
>up to the government), EM ends up with an additional $2 billion dollar
>profit, and several thousand people are bankrupt, and 30,000 station
>workers are out of work..


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