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Old 03-31-2005, 07:22 AM   #1
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Gas Prices

I paid $2.25 a gallon last night.

Will someone remind me again how going to war with Iraq was all about gaining oil supply for the USA.

No blood for oil?

should be...

No arm and a leg for oil.
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Old 03-31-2005, 07:30 AM   #2
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Going to Iraq for oil was just a rehash of the anti-war refrain from Gulf War 1.


Oil (and gas) prices have more to do with China's growing appetite (and our lack of drilling) than Iraq.
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Old 03-31-2005, 07:32 AM   #3
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Quote:
Originally posted by nbcrusader
Going to Iraq for oil was just a rehash of the anti-war refrain from Gulf War 1.


Oil (and gas) prices have more to do with China's growing appetite (and our lack of drilling) than Iraq.
Pardon me,...your country is still the most oil consuming country in the world.
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Old 03-31-2005, 07:33 AM   #4
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By far,....
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Old 03-31-2005, 07:36 AM   #5
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OK.

When worldwide demand goes up, prices go up.

Thus, the China factor.
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Old 03-31-2005, 07:38 AM   #6
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Rono-

Simply because the US "by far" consumes more oil than any other country does not negate the fact that China's oil consumption is increasing and is having an effect on oil prices world wide.
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Old 03-31-2005, 09:32 AM   #7
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This is scary. The price of everything has gone up seemingly 10-20% in the last 10 years, yet the minimum wage remains constant at $5.15 per hour.
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Old 03-31-2005, 10:09 AM   #8
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Danospano-

In the last 10 years the minimum wage has increased from $4.25 to $5.15.

That's an increase of 21%.
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Old 03-31-2005, 10:26 AM   #9
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and inflation has been close to 25%
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Old 03-31-2005, 11:23 AM   #10
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Re: Gas Prices

Quote:
Originally posted by MaxFisher

Will someone remind me again how going to war with Iraq was all about gaining oil supply for the USA.
it was more of an attempt to control the oil that will be pumping out of central asia in the coming years that will be needed by up and coming rivals - china and the eu.

regardless, gas prices do suck. and so does the minimum wage.

edit: i just did a quick calculation, this may not be 100% accurate because individuals' income tax situations could vary.

if one unmarried individual worked 40 hours a week, 5 days a week, 52 weeksa year at a wage of $5.15 per hour s/he would walk away with appx. $9471 after taxes, roughly $1000 above the poverty line. this is working 261 days out of the year, only taking weekends off.
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Old 03-31-2005, 11:36 AM   #11
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Quote:
Originally posted by MaxFisher
Danospano-

In the last 10 years the minimum wage has increased from $4.25 to $5.15.

That's an increase of 21%.
Plus the minimum wage stayed at $3.35 for most of my life, so it has a long way to go before it's even remotely close to a living wage.
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Old 03-31-2005, 11:44 AM   #12
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India and China are quickly growing as world powers and they are industrializing at a fast rate. Thus, they have more cars and consume more oil. There are also many other countries that are just developing the automotive industry and are using more gasoline. Although I am a very large opponent of how this war is being handled, high oil prices really aren't a result of this war.
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Old 03-31-2005, 11:51 AM   #13
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http://www.guardian.co.uk/life/scien...447921,00.html

Quote:
"Human activity is putting such a strain on the natural functions of Earth that the ability of the planet's ecosystems to sustain future generations can no longer be taken for granted."
on the bright side, we may not have to worry about gas prices, minimum wages, or wars in a few more decades.
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Old 03-31-2005, 12:53 PM   #14
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If you don't like the gas prices, walk/bike/run/carpool/take the bus/etc. Sure, it sounds inconvenient, but once you're used to doing it, it really doesn't matter.
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Old 03-31-2005, 01:37 PM   #15
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Quote:
Originally posted by LivLuvAndBootlegMusic
If you don't like the gas prices, walk/bike/run/carpool/take the bus/etc. Sure, it sounds inconvenient, but once you're used to doing it, it really doesn't matter.



my car was demolished 2 weeks ago whilst parked on the street at 4am. i haven't driven since, and i'm better for it.

seems like a great opportunity for Americans to drive less, walk more, ride their bikes, purchase a Prius, ostracize those who drive Hummers, pressure their politicans to invest in alternative energy sources (*not* ANWAR), and make better decisions about their overall lifestyle choices.

i'm not sorry one bit for people who have to pay more at the pump. all those people in the exurbs who drive their monstrous SUVs down monstrous roads ... sorry, you made your bed, you wanted that big-assed house, now you've got to pay for it.

while were at it, i'm a fan of a gas tax. if we can tax cigarettes and alcohol, why not tax something that pollutes our air and makes us fat?
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