Would You Pay Double for Gas?
- Thread starter ugabuga
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When prices were almost double a few summers ago, I changed the way I drive. When it went back down, I didn't go back to my old habits. I drive as little as necessary and I would pay twice, but I would also like all the special entitlements and subsidies pulled from the oil companies. Let them all do business on a level playing field and if Americans want to pay less, they will seriously look at alternatives and getting better mpg's out of their cars.
You are flirting with a red chiclet, bud...
Once again, everyone speaks of waking up tomorrow and no oil! The way this issue is presented changes the way people look at this issue- especially those who have never given a fig about the environment or a future beyond their own selfish needs- the over-simplification of the issue makes it easy for these types of people to get immediately defensive.
Most people I know who want to get away from oil dependency understand that it will be years until other sources of energy are readily available, affordable, and in place. Of course nothing can happen overnight, but the ramping up the funding, research, and production needs to happen now, so in 20 years, we are not so oil-dependent. Is that such a bad thing?
Most people I know who want to get away from oil dependency understand that it will be years until other sources of energy are readily available, affordable, and in place. Of course nothing can happen overnight, but the ramping up the funding, research, and production needs to happen now, so in 20 years, we are not so oil-dependent. Is that such a bad thing?
By the same token, how is it proven that your suppositions will become reality?
So goes Life in the fast lane....
Ugabuga asked a hypothetical question- would we pay double?
Others jumped in and ran with that figure more literally as if the equation would be
no gulf drilling = 2 x price of gas
i only reminded folks that this number was not based on anything tangible. So I'm not sure why I am assigned homework but nonetheless- I'll at least do my fair share.
Here is a source that indicates that the amount of oil we get from the Gulf in a year is equal to approx. 8% of what we consume in a year.
PolitiFact | Hatch says '30 percent of our oil' comes from the Gulf
The numbers are based on 2009 and I presume consumption means only
gasoline used for autos. End disclaimers.
I'm no math or Econ wizard but if you cut the supply of something by 8% I do not believe this leads to a doubling in the price. That's point 1.
Point 2- truth is- the U.S. supply would not be cut by 8%. The US contribution to the oil being contributed to the world market would be cut. We don't get to keep the oil we produce for domestic use. We are an exporter of oil just like everyone else.
Point 3- it would be a cinch to cut consumption by greater than 8%.
I'm sure there are many variables left out here. But for what it is worth, I'm trying and I'm working around the fallacies we normally see.
Others jumped in and ran with that figure more literally as if the equation would be
no gulf drilling = 2 x price of gas
i only reminded folks that this number was not based on anything tangible. So I'm not sure why I am assigned homework but nonetheless- I'll at least do my fair share.
Here is a source that indicates that the amount of oil we get from the Gulf in a year is equal to approx. 8% of what we consume in a year.
PolitiFact | Hatch says '30 percent of our oil' comes from the Gulf
The numbers are based on 2009 and I presume consumption means only
gasoline used for autos. End disclaimers.
I'm no math or Econ wizard but if you cut the supply of something by 8% I do not believe this leads to a doubling in the price. That's point 1.
Point 2- truth is- the U.S. supply would not be cut by 8%. The US contribution to the oil being contributed to the world market would be cut. We don't get to keep the oil we produce for domestic use. We are an exporter of oil just like everyone else.
Point 3- it would be a cinch to cut consumption by greater than 8%.
I'm sure there are many variables left out here. But for what it is worth, I'm trying and I'm working around the fallacies we normally see.
Yes, that's the way most of us view this, but you'll have to repeat those words each and every time you talk about this issue to avoid the ole strawman argument coming from the oil advocates.
Is it 2012 yet? Is the world coming to an end? Because - TA DA - I agree w/Edgy Grammy's post. OMG that's amazing.............:shock: