Gas Junkie - Gasoline Prices Questions

Question #1:

after my previos question ,regarding the price of gasoline?

i have just worked out that we in the u.k. pay twice as much as the americans! for that reason alone i want to marry an american woman,any takers ? i am 5ft 8" beer drinking plumber,smoker.

Question #2:

would the USA economy be better if there was massive pubic transportation?

It seems like the USA economy problem is centered around the price of gasoline. If everyone could hop on a bus or a train system to get to work that was cheaper than gasoline do you think it would strengthen the economy due to people having more money left over each week? Do you think this will ever happen? If there was a train system that could take you about 40 miles for around $4 would you take it to work and back every day?
It wouldn't have to run on fuel efficiency if a bus can fit 50 people and get 6mpg youll make $200 in revenue enough to buy 50 gallons of fuel and go 300 miles. but your only taking them 40 miles, so youll have a surplus of 43 gallons at a value of $4 per gal enough to pay the driver
Sorry i meant renewable energy

Question #3:

How long will it take to clean the mess that Obama has created after he loses in November?

OBAMA "ACCOMPLISHMENTS" after 4 years in office:
-- DOUBLING the price of gasoline exactly as he said he would.
-- HIGHEST number of unemployed Americans IN HISTORY.
-- HIGHEST number of poverty level Americans IN HISTORY.
-- HIGHEST budget deficits IN HISTORY.
-- HIGHEST national debt IN HISTORY.
-- HIGHEST rate of increase of national debt IN HISTORY.
-- WORST depression in 70 years.
-- WORST housing market in 70 years.
-- WORST job market for African Americans IN HISTORY.
-- Most divisive political climate since the Civil War.
-- Unprecedented Chicago thug-like bullying and threats against the Judicial Branch.
-- Unprecedented pompous and narcissistic behavior.
-- Condescending and derisive contempt for everyday Americans.
-- Most arrogant First Family IN HISTORY.
-- Buttugly, Marie-Antoinette-snob wife constantly taking luxury vacations while the rest of Americans suffer through a depression.

Question #4:

At what year is the world supposed to run out of gas?

This just crossed my mind because we rely on it so much and the prices for gas arent getting any cheaper so resources must be getting more and more scarce. So does anyone know by what year are we supposed to run out of gasoline?

Question #5:

Do Australians complain about costs too much and do nothing?

Do you think Australians complain too much about costs?

The TV and other Mass Media love to whip up some new 'tempest in a teacup' over minor price hikes to recover higher input costs. Mostly droning on the same complaints a dozen times a year.
Examples:
Price of gasoline
Parking Fines
Utilities Prices
Bank Fees

Price of gasoline too high for you? Trade-in your V8 guzzler and drive less.
Parking fines? Park your in private garages where there are no legally enforceable fines.
Utilities Prices? Actually identify and reduce waste in your home rather than run three refrigerators half-empty.
Bank Fees? Shop around, switch to a non-profit credit union. Plenty of competition out there.

Every Aussie I've met always seem to be able find something to whinge about the cost of something. I once met a bloke who whined about how beer is double-taxed (GST applied on top of alcohol excise) for almost 20 minutes straight (while holding a 'stubbie'). The double-taxing would cost a heavy drinker less than $50 a year.

The most pathetic part is that after complaining at length, they can't be bothered to get off their backsides to help themselves.

Question #6:

With the high prices for gasoline, isn't the horse now the most cost-effective form of transportation?

Not only the most cost-effective, but also the most environmentally friendly since their exhaust is methane (in the form of farts) which is a clean burning gas you can use for cooking and heating your home. Thoughts?

Question #7:

Since Conservatives want to focus on the economy, aren't you glad that in the conflict with Iran, Obama chose?

to stress international diplomacy and development of oil resources in the northern plains states and in Iraq, so that now oil prices are falling rapidly.

Click Here

If we had followed the path that Conservative Republicans were discussing during the primary debates and gone to war with Iran there's no denying gasoline would be about $7 per gallon right now.
@ Angry Candy - gasoline prices are half of what they would be if we'd taken the path proposed by Republicans during the primary debates.

Question #8:

Which party will take credit for falling gasoline prices this morning?

As this is a sure sign a beginning of a recovery of our economy.

Question #9:

Ethanol, good or bad?

In school I'm currently working on my final which is debating. We all got assigned a topic and I got the con side of Ethanol.

I need some good ideas on how Ethanol is bad or atleast ways to expand on what I already do have. I have three arguments so far and I need a little more information to make this OPENING STATEMENT last seven minutes.


We are continuously running out and need an alternative, but using Ethanol is not the way to go. These so called “energy alternatives” cause a great deal of damage not only to our environment but to our daily lives as well.


Argument One: According to procon.com, Ethanol already gets an indefensible tax break at the pump of 51 to 71 cents a gallon. Congress now wants to compel everyone to add it to their tanks and if that happens we will be left with less fuel at higher prices.

Why? Because there is less energy in eight gallons of Ethanol than in the seven gallons of gasoline it takes to produce it. By rounding up our information, one gallon of Ethanol is about $2.09 p/g. Since Ethanol has less energy than gasoline it would require drivers to fill up more than they already have to fill up now which means more money is spent.

Not only would we be paying higher prices for the fuel itself but we would also be paying higher on other things such as our ways of transportation and corn products. How would you like to pay five dollars for your typical 2 ounce bag of chips? If Ethanol is our new substitute for gasoline, we’ll be losing a crop we use all over the world for a ton of different things.

Argument Two: Companies who produce the chemical ‘Ethanol’ also happen to produce a large amount of pollution, which is sent out into the environment. The pollution often referred to as CO2 make the hole in the ozone layer even larger than it already is, which leaves the sun’s harmful rays available for humans.

Argument Three: Not only that, but Ethanol also contains alcohol which can possibly rust cars and make them unable to work properly which leads to replacing the car’s entire inside which would make everything more expensive.


CAN ANYONE HELP ME ADD ON?

Thank you.

Question #10:

Help With A Term Paper Please?

I have a term paper due on the last day of class for my Economics course. The topic is:

"Structure of the U.S. gasoline industry: How and at what price does gasoline end-up in your automobile?"

It needs to be 5 pages and have a reference sheet (also needs to be double-spaced).

I need help with starting my essay and getting ideas. I wrote an introduction sentence and that's it. Can someone give me a bunch of ideas about the topic to work with and research to be able to stretch them 5 pages long? This way with ideas I can organize them and know what to write?

Also, what does the teacher mean by this: "Format: Modern Language Association, New york Times, University of Chicago." ? Please help!

Question #11:

Why has there been a stock market crash every time gas prices have gone sky high such as now?

What toll could high oil/gasoline prices have on the economy and the stock market?
are they even related?
your thoughts?

Question #12:

What is the per-gallon price for gasoline in your area?

The per-gallon price for gasoline is $4.60 in the part of Northern California where I live

Question #13:

Do people who voted for GW Bush the 2nd time have a leg to stand on about Obama not deserving a second term?

By the end of GW Bush's first term, the US was successfully attacked. The national debt was up 50%. The USD tanked. Gasoline prices reached all time highs. The US Constitution was being trampled over in the name of baseless fears driven by a multitude of DHS color alerts (Cheney ordered). The international community hated America's invasion of Iraq.

Yet neocons gave GW Bush four additional years to destroy America (national debt increased over 100% under GW Bush).

How can they vote Bush in a second time then claim to know what is best for anyone?

Question #14:

In 2020 when you'll be able to buy a REMTEG equipped hybrid vehicle the size of a Toyota Corolla that gets?

over 120 mpg, and we have enhanced-gasoline that's derived from natural gas using Fischer-Tropsch technology, and recycled plastics so that oil companies have lost all leverage regarding pricing and control of how much fuel is delivered to market, will the resulting loss in lobbying funds for companies like Exxon lead to the ultimate demise of the Republican Party?
@ Ferris - the enhanced gasoline concept is actually a blended hydrocarbon approach that will be able to use hydrocarbon components derived from any source. It's basically taking the same approach that a modern oil to gasoline refinery uses in regards to handling different grades of crude and applying it to hydrocarbons derived from various bio-sources.

Question #15:

Does it make Republicans sad that the over-supply of gasoline and oil on world markets has resulted in?

gasoline futures prices falling another 2.6 cents today and that when tomorrow's AAA Fuel Gauge report is updated we're likely to see another decline in gas prices nation-wide?

Click Here

Additionally, even though we're at a point where gasoline prices have crossed with last year's average price and gasoline is actually cheaper now than it was a year ago, total consumption of gasoline in the US is down by 3.2% due to people purchasing smaller and more fuel efficient vehicles?

Click Here

Question #16:

Does gasoline really cost 123CAD in Prince Edward Island?

If I have done the math correctly, that's over THIRTY US DOLLARS per gallon for gasoline...
That CANT be correct. Is it?
Here in Florida we pay around Four US Dollars per gallon for gasoline.
This is where I got my info;
See here where it says the minimum price for gasoline at the pump there is 123.4 per litre;
Click Here
And with 1 litre equaling .26 gallons, this means that one gallon costs 123.4 x .26 = 32 CAD
32 CAD = 31.92 USD
So, If I were in Prince Edward Island, i would be paying about $32 per gallon for gas for my car?
Is this correct?

Question #17:

Jahova's Witnesses say that "the governments of the entire inhabited earth will be destroyed...so why support?

...what God will destroy? It says, "If an individual truly believes that God's kingdom is about to remove all man-made political systems, he logically would refrain from supporting those political systems."

Yet, in another way I believe that government keeps people organized. Don't we need laws? Laws are voted into action, right? That's a political activity...voting...right?

It would be NICE to overlook politics in life, but I can't honestly say with an honest conscience that I think we CAN overlook this system...it is in everything, in our schools, pencils, peanut butter, and our mail...everything is regulated, and it has been that way for so long, for soooo many people that by now the masses have formed a dependency on it.

They say politics and religion don't mix, but when the materials that your very bible is made of are government regulated isn't hard to agree with that classic statement?

If we killed all politics overnight then the nation would collapse, to include the prices for the gasoline that transports Jehovah's Witnesses to the neighborhoods to hand out their books.

Don't get me wrong, I know that IF we could live like the American Indians did historically, without a political system, then we would be a simple and happy people, living under wayyy less pressure than we are accustomed to in the modern age. BUT it ISN'T, and CAN'T, be that way as far as I can realistically see.

I mean, I'm not politically active but I can't live as though politics doesn't exist or effect me, either: I can't start a business without government approval- licensing- and I can't educate my child without government approval, either...We can't sell unapproved foods or build houses with unapproved materials...

Correct me if I'm wrong.

Question #18:

Is there any way to make any savings on Fuel Costs?

Gosh, they play a play a hide and seek game with these gasoline prices. We got a limo and a sport car and it is getting hard on our wallet. Besides not driving a car at all...Is there any way to make any savings on fuel costs?

Question #19:

When will we see $2 a gal Gasoline?

When I was making 10.50 gas had risen too 1.50 .
A lot of our employment is part-time and less pay requiring multiple employers and transportation.
End slavery by prosecuting the price controlling executives with 7 figure salaries & bonuses.
Sorry about the rant but attention needs to be drawn too the problem of inflating & deflating at the expense of every one. (taxes, servants).
Black R you're right except some are even cheaper than 2$ given exchange rates.
Nick you are also correct relative to the region and thewe mss of the elected
Ingsoc it is already nationalized through tax.
Jared you loose the faith in too soon just like the Volt & Prius
WGR you're just plain WRONG
Candy , My family left the UK in the 1500's because we didn't like the capitulation
Pheonix not miss spelled you are close but the ME is not in control of my destiny
Dr Snark I don't the UN has worked out very well.
Sana my man? I've been retired for 20 yrs. and I'm not a senior citizen
Gyp see who's making them rich ? the un informed voted
#1 Nice answer correct but incomplete , Price per barrel a fifty gallon barrel was 73$
Just the man don't give up the good old days of my infancy should be enjoyed by Our Grandchildren
Menard ; I've got a new drive for your car in NASCAR. Fastest on the track every time out!
Last but least evinhell , do you like be
Black R you're right except some are even cheaper than 2$ given exchange rates.
Nick you are also correct relative to the region and thewe mss of the elected
Ingsoc it is already nationalized through tax.
Jared you loose the faith in too soon just like the Volt & Prius
WGR you're just plain WRONG
Candy , My family left the UK in the 1500's because we didn't like the capitulation
Pheonix not miss spelled you are close but the ME is not in control of my destiny
Dr Snark I don't the UN has worked out very well.
Sana my man? I've been retired for 20 yrs. and I'm not a senior citizen
Gyp see who's making them rich ? the un informed voted
#1 Nice answer correct but incomplete , Price per barrel a fifty gallon barrel was 73$
Just the man don't give up the good old days of my infancy should be enjoyed by Our Grandchildren
Menard ; I've got a new drive for your car in NASCAR. Fastest on the track every time out!
Last but least evinhell , do you like be

Question #20:

Economics help!? Three essay questions that I can't figure out. ?

1. Why would Exxon not want to lower the price of their gasoline thus increasing sales?  Give two important reasons. (Hint has to do with market structure and elasticity of product.)
2. Why are public school teachers paid less than their contributions to society?  Must use economic terminology and principles not opinion.  Include the monopsonist model.
3. You are a plant manager producing bicycles. The next unit of capital returns 45 units and the cost of that capital is $20.  The next unit of labor returns 10 units.  Assuming you are operating at the most efficient level of output what is the cost of the next unit of labor?  





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