Clueless executives think oil could fall to under $100 a barrell by year end

You know, when airport control tower employees tried to strike they were forced back to work by the government or would be fired on the spot. The strike quickly crumbled because the government felt it was a threat to national prosperity (or some shit).

Something like that has not happened with gasoline/oil, and people continue to pay the ridiculous prices despite how close it is bringing some of them to choose between gas and food.

My point is this, since people like to be walked on, for what reason does anything have to change? If you think that the price of gas will drop just because it's cheaper to produce, think again (Exxon scored record profits for a reason, you know). People have been taking it in the ass on gas prices for 8 years now, and they've gotten pretty used to it, despite how much they bitch.

That's the problem with being sheep, you don't get much say in things. So, unless you start to see a fundamental change in the way people think and act regarding society, you won't be seeing $1.25-$2.00 gasoline ever again. It will stay above $3/gallon simply because oil companies have established the precedent.

~HotShotX
 
[quote name='HotShotX']You know, when airport control tower employees tried to strike they were forced back to work by the government or would be fired on the spot. The strike quickly crumbled because the government felt it was a threat to national prosperity (or some shit).

Something like that has not happened with gasoline/oil, and people continue to pay the ridiculous prices despite how close it is bringing some of them to choose between gas and food.

My point is this, since people like to be walked on, for what reason does anything have to change? If you think that the price of gas will drop just because it's cheaper to produce, think again (Exxon scored record profits for a reason, you know). People have been taking it in the ass on gas prices for 8 years now, and they've gotten pretty used to it, despite how much they bitch.

That's the problem with being sheep, you don't get much say in things. So, unless you start to see a fundamental change in the way people think and act regarding society, you won't be seeing $1.25-$2.00 gasoline ever again. It will stay above $3/gallon simply because oil companies have established the precedent.

~HotShotX[/QUOTE]

When the oil industry leaves the White House (~January 20th 2009) I think we'll see a big change in the profits of oil companies -- still high, no doubt, but lower. Whether or not we'll see cheaper gas is another story, but I don't think it'll be due to oil company gouging.
 
The oil companies were screwing me and motherofcaitlyn pretty hard for the past 2 years.

But...

My wife and I signed the lease on our new apartment today.

She is trading a 50 minute and 50 mile commute for a 15 minute and 7 mile commute and a carpool buddy or two.

I am trading a 40 minute and 40 mile commute for a 25 minute and 22 mile commute and the ability to find a better paying job even closer to home.

The lease on the apartment is cheaper than the interest, trash pickup fees, insurance and taxes on the mortgage we currently have.

After the current house in a relatively normal market sells for a modest profit, we'll be able to move into a new house in a depressed market comparable to the old house for $5-$10K less within 2 miles of the new apartment, our daughter's new school and our son's new day care.

If gas stays at $3 per gallon, I'll save enough money to put the kids through college.

$4 per gallon will pay the new mortgage off ten years early.

$5 per gallon will pay for enough solar shingles to power the house.

$6 per gallon will pay for enough solar shingles to power and convert a car to full electric.

$7 per gallon will pay for enough land and solar shingles to grow organic food for my family with electric tools.

I'm looking forward to the future. The oil companies will eventually screw themselves out of existence and I'll be practically self-sufficient.
 
Plausible deniability. They won't tell you that they expect to see it hit $200 by the end of the year, or that we'll have $8 gallons of gas - they'll lie to your face, watch the price rise as they expected and then act like they didn't see it coming.

Think of it this way: would you expect a Philip Morris executive to tell you that smoking causes cancer?

That's an interesting point about the striking controllers, HotShot. Of course, that was a Republican administration that was fiercely hostile to workers having the power of numbers as leverage against the wealthy powers. So while it seems common sense to think that the same philosophy should apply here, you surely understand why it doesn't.
 
[quote name='mykevermin']Plausible deniability. They won't tell you that they expect to see it hit $200 by the end of the year, or that we'll have $8 gallons of gas - they'll lie to your face, watch the price rise as they expected and then act like they didn't see it coming.

[/quote]
That's the original opinion I was going to try to post, but leave it to YOU to state it better than I could.
 
[quote name='fatherofcaitlyn']The oil companies were screwing me and motherofcaitlyn pretty hard for the past 2 years.

But...

My wife and I signed the lease on our new apartment today.

She is trading a 50 minute and 50 mile commute for a 15 minute and 7 mile commute and a carpool buddy or two.

I am trading a 40 minute and 40 mile commute for a 25 minute and 22 mile commute and the ability to find a better paying job even closer to home.

The lease on the apartment is cheaper than the interest, trash pickup fees, insurance and taxes on the mortgage we currently have.

After the current house in a relatively normal market sells for a modest profit, we'll be able to move into a new house in a depressed market comparable to the old house for $5-$10K less within 2 miles of the new apartment, our daughter's new school and our son's new day care.

If gas stays at $3 per gallon, I'll save enough money to put the kids through college.

$4 per gallon will pay the new mortgage off ten years early.

$5 per gallon will pay for enough solar shingles to power the house.

$6 per gallon will pay for enough solar shingles to power and convert a car to full electric.

$7 per gallon will pay for enough land and solar shingles to grow organic food for my family with electric tools.

I'm looking forward to the future. The oil companies will eventually screw themselves out of existence and I'll be practically self-sufficient.[/QUOTE]

Congrats on the job and move. Sounds like you've got everything planned out the way far too many of us do not.
 
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