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Discussion Forum : News and Current Events : Gas Shortage?

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PaulWest
Member



Joined: 2006/6/28
Posts: 3405
Dallas, Texas

 Re:

Quote:
$10.41



Pretty much what I expected!

Minimum wage here in Texas is only $5.15

New York is a whopping $7.15!

http://en.wikipedia.org/wiki/List_of_U.S._state_minimum_wages

[i]"...and be content with your wages"[/i] (Luke 3:14).


_________________
Paul Frederick West

 2007/4/12 10:48Profile









 Re:

Meanwhile, the oil companies are raking in higher profits than they did during the Katrina crisis, and they admitted the other day that they have a larger oil surplus than ever before.

The only crisis going on right now is that the oil companies dont think their wallets are fat enough.

I'm not buying any of this garbage about having to switch from winter grade oil products to summer grade, and unrest in the middle east... yadda yadda yadda...

Greed is what is driving the price of gas, not crisis.

You dont have to have the gift of discernment to see whats going on.

Corn liquor is the way to go... support the farmers, not the oil company execs. They can go choke on their oil, as can the Arabs. If we switched to corn based fuel and cut our purchasing of middle eastern oil Iran would be cut off at the knees. They would no longer be a threat to us economically. We would take away the greatest weapon they have against us right now. (at least until they get their nukes in a couple months... thank you, Russia)

Vote Krispy for President!

President Kritter ... it's got a nice ring to it, don't y'all think?

Krispy

 2007/4/12 14:28









 Re:

On second thought... dont vote for me. I'm not currupt enough to be a politician.

I have a better idea! Make me KING!

(see... pride is a struggle for me! lol)

Krispy

 2007/4/12 14:36
JaySaved
Member



Joined: 2005/7/11
Posts: 1131
Kentucky

 Re:

Quote:
You dont have to have the gift of discernment to see whats going on.



I am with you. It seems every few months we see a report about [url=http://www.forbes.com/finance/2007/04/11/exxon-oil-exploration-pf-guru-in_rm_0411soapbox_inl.html]Record Profits.[/url]

"In 2006, Exxon earned the largest annual profit ever recorded by a U.S. company--$39.09 billion excluding special charges, up 15% from 2005 levels. Record 2006 earnings reflect a year of unusually high energy prices."

 2007/4/12 14:52Profile
BeYeDoers
Member



Joined: 2005/11/17
Posts: 370
Bloomington, IN

 Re:

I am not wanting to get into an economic or political debate, I just thought I would share a different perspective. We live in a market economy, which is based on the success of corporations and small businesses. Businesses flourishing is the best thing that can happen. More business = more $$ into flow = more efficient work force = stable prices = more purchasing power = more consumers = more business and round and round we go. Now, the CEOs and other higher-ups may very well be greedy (indeed many are), and for that they will have to give an account, as will all of us. But as a nation operating on market principles, it keeps us going (especially oil-based business that contributes to a very significant portion of our GDP).

The biggest cause and problem (so to speak) with our gas prices is the federal government's regulation. "The man" rakes in more money from gas than the oil companies through the federal gas tax. Our nation is fast heading toward a socialistic economy and government. Apparently we have forgotten why we left "the mother nation"...taxes taxes taxes. We have taught ourselves (with the help of politicians, namely FDR and LBJ) to be dependent on the government for all our needs. Social Security, Medicare, Medicaid, education, etc. A federal government cannot possibly handle the financial responsibility of a nation...history and simple economics proves it. Who should take care of the needy? US!!! This is the duty of the church, is it not? Philanthropy in and out of the church is pitiful. Why? Our American culture has taught us two things when it comes to money: 1.Greed (with the help of Norman Vincent Peale in the 50s and Oprah/Joel Osteen today) and 2."The government will take care of it" (see the FDR and LBJ administrations).

Leading Democratic frontrunners (who will more than likely be our next Pres/VP) are proposing nation-wide health coverage. Which means the following: higher taxes, more insurance company involvement (on a federal level, not independently), higher health care cost. This, assuming our country is not burned with fire and brimstone by then, will ultimately lead to LESS people being able to afford health care and LESS doctors to provide it. It is a downward spiral.

Meanwhile back at the ranch, the issue of ethanol fuel has been suggested by many (please don't think I'm singling you out, Krisp!). Well, we already have that! Corn farmers receive federal subsidizing (so congressmen keep getting elected) to provide corn-->ethanol as a fuel supplement in our gasoline to supposedly cut down on consumption. Problem is, ethanol is hopelessly less efficient as a fuel source than the feds or tree huggers would want you to believe. Cleaner? yes (kind of). Efficient? By no means.

The way I understand scripture, the purpose of government is to: 1.Honor God 2.Act as God would on this earth to carry out justice (reasonable punishment of criminals, etc.) 3.provide for the common defence (horribly enough, sometimes this means going to war, etc.). That's it. Taxes are needed for those things, but nothing else. Economically, the people buy, sell, give as they wish (and be prepared to give an account to God for it).

Just providing a look from the other side of the coin :-)


_________________
Denver McDaniel

 2007/4/12 19:01Profile









 Re:

Quote:
I DO NOT READ LONG POSTS THAT ARE IN ALL CAPS!!!!1

I got the same pet peeve! :-D

 2007/4/12 19:12
ccchhhrrriiisss
Member



Joined: 2003/11/23
Posts: 4529


 Re:

Hello...

I don't want to spoil the intent of this post, but there is quite a bit of information to the contrary concerning the gas supply. There are several credible reports that feel the gasoline supply this summer will be much better than the past few summers.

Of course, much of the increase in oil/gas prices come from turmoil in the Middle East (such as the recent UK hostage crisis) or from the Gulf hurricane season. Last summer was extremely calm in the Gulf (as far as hurricane and tropical storms are concerned) and ended rather early -- with no major hurricanes hitting the mainland or oil fields in the Gulf. Of course, the summer/fall of 2005 was especially active and spurred a large increase in the price of oil/gas well into 2006.

[url=http://www.washingtonpost.com/wp-dyn/content/article/2007/04/10/AR2007041000679.html][b]Washington Post:[/b] Summer gasoline supplies seen adequate: Energy Secretary Sam Bodman[/url]

[url=http://www.chron.com/disp/story.mpl/ap/fn/4704439.html][b]Houston Chronicle:[/b] Gas Prices May Be Cheaper This Summer [/url]

[url=http://www.theglobeandmail.com/servlet/story/LAC.20070412.RGAS12/TPStory/Business][b]Globe and Mail:[/b] Abundant inventories quash gas price rally[/url]

[url=http://www.chicagotribune.com/business/sns-ap-summer-gasoline,0,4903973.story?coll=chi-bizfront-hed][b]Associated Press/Chicago Tribune:[/b] Gas Prices May Be Cheaper This Summer[/url]

[url=http://money.cnn.com/2007/04/10/news/economy/eia_fuels/?postversion=2007041015][b]CNN:[/b] Cheaper gas seen in 2007[/url]

I'm not saying that there will NOT be a gas crisis, but simply pointing out that there are several different sources that indicate it might not happen. Again, much of any spike in prices will involve the political and weather events in the months leading to the summer.

I have to admit that gas prices in Texas are much cheaper than most of the United States. We are currently paying about $2.51 - $2.54 a gallon. Ironically, the cheapest gas is found in Wyoming! I can only imagine the burden of paying nearly $3 a gallon!

We just need to pray for another very weak hurricane season -- which would further confuse the global warming hysteria that has been so well publicized. Besides, we really need the prices to be lower for our trip to the Revival Conference in the fall!

:-)


_________________
Christopher

 2007/4/12 21:16Profile
rookie
Member



Joined: 2003/6/3
Posts: 4803


 Re:

Brother Daniel wrote:

Quote:
The way I understand scripture, the purpose of government is to: 1.Honor God 2.Act as God would on this earth to carry out justice (reasonable punishment of criminals, etc.) 3.provide for the common defence (horribly enough, sometimes this means going to war, etc.). That's it. Taxes are needed for those things, but nothing else. Economically, the people buy, sell, give as they wish (and be prepared to give an account to God for it).



You forgot one, to control the creation of money.

But the government gave that up to a private banking system called the Federal Reserve back in 1913. And because of this event, the government shortly there after created the federal income tax. You see the private banking system needed to have assurance that the government could pay interest to them as the bank created and then lent money to the government.

Most of the taxes end up in the pockets of the few...it has been that way even before Jesus told the Pharisees, give to Caesar what is Caesars.

In Christ
Jeff


_________________
Jeff Marshalek

 2007/4/13 0:30Profile
Jacob19
Member



Joined: 2006/3/9
Posts: 74


 Re:

Quote:
Vote Krispy for President!



Sorry Krispy I'm voting for Hilary! Jk

 2007/4/13 0:41Profile





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