| re: Paying too much for petrol? | |
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Posted by: |
JimmyG 05:08 pm UTC 06/16/08 |
| In reply to: | re: Paying too much for petrol? - Pudding 04:47 am UTC 06/16/08 |
I agree with Pudding on the oil issue, but I won't comment on the details in the debate so far, simply because I don't think it will lead anywhere... In general, people on both sides of the aisle can throw technical terms back and forth to manipulate the public to follow their respective agendas, but in the end it all comes down to the basic philosophical standpoints we support rather than which pragmatic reality we help to create by supporting a certain philosophical standpoint. I agree with Jakob von Uexkull, founder of The Right Livelihood Award, on most social- and political issues: http://www.rightlivelihood.org/jakob.html One of his best quotes: "Markets should be our servants, not our masters". The main point is not whether markets are controlled by the government or "private interests" (often two sides of the same coin), the point is WHICH markets we support, and why....as opposed to market fundamentalism where any market is supported simply by the merit of being a market.... I'd vote for Obama if I was a U.S citizen - if there's any person in this country who can make more than 60% of the population vote this fall, he's the guy.... /Jimmy G. > > I'm not saying that there's a shortage of gas, quite > > clearly there isn't. I can go to the gas station and > > purchase as much as I need, for $4.00 a gallon. > > So we agree there isn't a shortage of oil then and we can > ignore your "The scarcer the good, the more the good is > worth" comment? > > > What I'm saying is that there is a surge in demand, which > > is true. Oil consumption went up 3.4% in 2004 alone. Once > > again, because of China and India and other developing > > nations becoming developed. > > Consumption might have gone up, but so did production. > > > Besides, you're parroting me. > > I believe it's you who's trying to parrot me. > > > Speculation is another form > > of demand. Which is what I'm saying, demand is going up, > > there is a fixed amount of supply, so the price goes up. > > And the reason speculation is up, is because of rising > > prices, and businesses want to get cheap oil to keep > > running good profits. > > Speculators are the same as people who buy shares, except > they're not buying a share of a company but a commodity in > the hope it goes up in price. When a lot of interest is > shown in that particular commodity, then the price goes > up. This is something the oil companies can control by not > increasing their prices and therefor reducing the amount > of speculators. I could go into more detail, but I get the > impression you're a card carrying Republican. > > How do you feel about Iraq and universal healthcare? | |
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