Only hope this doesn't hinder the alternative energy automobile industry that bad.
Quote from: IcyWind on December 15, 2014, 08:32:03 AMOnly hope this doesn't hinder the alternative energy automobile industry that bad.Then make alt. energy cheaper than gas
Quote from: KletzenbrotEssen on December 15, 2014, 08:35:00 AMQuote from: IcyWind on December 15, 2014, 08:32:03 AMOnly hope this doesn't hinder the alternative energy automobile industry that bad.Then make alt. energy cheaper than gasWould love to - let the oil companies know that we should start doing so for me, will ya?
Quote from: IcyWind on December 15, 2014, 08:38:47 AMQuote from: KletzenbrotEssen on December 15, 2014, 08:35:00 AMQuote from: IcyWind on December 15, 2014, 08:32:03 AMOnly hope this doesn't hinder the alternative energy automobile industry that bad.Then make alt. energy cheaper than gasWould love to - let the oil companies know that we should start doing so for me, will ya?That's the great thing about Capitalism, people will learn on their own that in order to make money, they have to offer competitive prices
Buy lots of gas, then resell? The door to door gasoline salesmen will be rich!
Praise the Omnissiah!OPEC sure is backfiring now, perhaps this will make Alternative fuels seem a little more viable if oil/petrol is going to start being worth less and less <.<
Quote from: Mr Psychologist on December 15, 2014, 10:56:19 AMPraise the Omnissiah!OPEC sure is backfiring now, perhaps this will make Alternative fuels seem a little more viable if oil/petrol is going to start being worth less and less <.<What? OPEC isn't backfiring at all everything is working out the way they want it to. And if anything low oil prices means bad for alternative fuels.
Quote from: Septy on December 15, 2014, 10:58:24 AMQuote from: Mr Psychologist on December 15, 2014, 10:56:19 AMPraise the Omnissiah!OPEC sure is backfiring now, perhaps this will make Alternative fuels seem a little more viable if oil/petrol is going to start being worth less and less <.<What? OPEC isn't backfiring at all everything is working out the way they want it to. And if anything low oil prices means bad for alternative fuels.Uhhh, they are getting less money for their oil. When I'm pretty sure OPEC existed to do price fixing to prop up nations who built their economies on oil.If oil companies stop making such outrageous amounts of money from oil, then perhaps they will look into other ways of screwing over the consumer a la alternative fuels. Probably not but meh.Even if all that happens is the price of fuel decreasing like this, it might help boost a few economies when the consumers are able to spend less on petrol and more on other goods/actually going out shopping etc.
Quote from: Mr Psychologist on December 15, 2014, 11:01:56 AMQuote from: Septy on December 15, 2014, 10:58:24 AMQuote from: Mr Psychologist on December 15, 2014, 10:56:19 AMPraise the Omnissiah!OPEC sure is backfiring now, perhaps this will make Alternative fuels seem a little more viable if oil/petrol is going to start being worth less and less <.<What? OPEC isn't backfiring at all everything is working out the way they want it to. And if anything low oil prices means bad for alternative fuels.Uhhh, they are getting less money for their oil. When I'm pretty sure OPEC existed to do price fixing to prop up nations who built their economies on oil.If oil companies stop making such outrageous amounts of money from oil, then perhaps they will look into other ways of screwing over the consumer a la alternative fuels. Probably not but meh.Even if all that happens is the price of fuel decreasing like this, it might help boost a few economies when the consumers are able to spend less on petrol and more on other goods/actually going out shopping etc.It's not going to hurt their multi billion company at all. They can afford to lose a few, if they were actually concerned about losing a lot of money they would not let oil slip to $40 a barrel. They're challenging U.S shale oil companies with these low prices hoping to drive them out of business. Which so far is working since layoffs are already in the works, it's like a long term investment for OPEC.
Quote from: Septy on December 15, 2014, 11:06:13 AMQuote from: Mr Psychologist on December 15, 2014, 11:01:56 AMQuote from: Septy on December 15, 2014, 10:58:24 AMQuote from: Mr Psychologist on December 15, 2014, 10:56:19 AMPraise the Omnissiah!OPEC sure is backfiring now, perhaps this will make Alternative fuels seem a little more viable if oil/petrol is going to start being worth less and less <.<What? OPEC isn't backfiring at all everything is working out the way they want it to. And if anything low oil prices means bad for alternative fuels.Uhhh, they are getting less money for their oil. When I'm pretty sure OPEC existed to do price fixing to prop up nations who built their economies on oil.If oil companies stop making such outrageous amounts of money from oil, then perhaps they will look into other ways of screwing over the consumer a la alternative fuels. Probably not but meh.Even if all that happens is the price of fuel decreasing like this, it might help boost a few economies when the consumers are able to spend less on petrol and more on other goods/actually going out shopping etc.It's not going to hurt their multi billion company at all. They can afford to lose a few, if they were actually concerned about losing a lot of money they would not let oil slip to $40 a barrel. They're challenging U.S shale oil companies with these low prices hoping to drive them out of business. Which so far is working since layoffs are already in the works, it's like a long term investment for OPEC.Shale oil, as in fracking?
Quote from: Mr Psychologist on December 15, 2014, 11:07:23 AMQuote from: Septy on December 15, 2014, 11:06:13 AMQuote from: Mr Psychologist on December 15, 2014, 11:01:56 AMQuote from: Septy on December 15, 2014, 10:58:24 AMQuote from: Mr Psychologist on December 15, 2014, 10:56:19 AMPraise the Omnissiah!OPEC sure is backfiring now, perhaps this will make Alternative fuels seem a little more viable if oil/petrol is going to start being worth less and less <.<What? OPEC isn't backfiring at all everything is working out the way they want it to. And if anything low oil prices means bad for alternative fuels.Uhhh, they are getting less money for their oil. When I'm pretty sure OPEC existed to do price fixing to prop up nations who built their economies on oil.If oil companies stop making such outrageous amounts of money from oil, then perhaps they will look into other ways of screwing over the consumer a la alternative fuels. Probably not but meh.Even if all that happens is the price of fuel decreasing like this, it might help boost a few economies when the consumers are able to spend less on petrol and more on other goods/actually going out shopping etc.It's not going to hurt their multi billion company at all. They can afford to lose a few, if they were actually concerned about losing a lot of money they would not let oil slip to $40 a barrel. They're challenging U.S shale oil companies with these low prices hoping to drive them out of business. Which so far is working since layoffs are already in the works, it's like a long term investment for OPEC.Shale oil, as in fracking?http://en.wikipedia.org/wiki/Shale_oilNo it's an unconventional oil supply that hasn't had much extraction because it's very hard to do. The shale oil industry has only started picking up recently because of dwindling conventional oil reserves and OPEC is trying to keep a shale oil boom from happening.
Why would you lie to me like that?It's still almost $3 here in Pa.
Thanks Obama!
I know people blame him when they are high, but...........
Quote from: Rocketman287 on December 15, 2014, 12:54:56 PMI know people blame him when they are high, but...........Unless he raises taxes on them or restricts the supply in some way - no.
Quote from: Mad Max on December 15, 2014, 12:46:03 PMThanks Obama! Does he even really impact gas prices at all? For good or bad?
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Quote from: Rocketman287 on December 15, 2014, 12:54:56 PMQuote from: Mad Max on December 15, 2014, 12:46:03 PMThanks Obama! Does he even really impact gas prices at all? For good or bad?Literally zero impact.QuoteI know people blame him when they are high, but...........Yeah, I was just applying the same faulty logic.
Quote from: KletzenbrotEssen on December 15, 2014, 08:39:48 AMQuote from: IcyWind on December 15, 2014, 08:38:47 AMQuote from: KletzenbrotEssen on December 15, 2014, 08:35:00 AMQuote from: IcyWind on December 15, 2014, 08:32:03 AMOnly hope this doesn't hinder the alternative energy automobile industry that bad.Then make alt. energy cheaper than gasWould love to - let the oil companies know that we should start doing so for me, will ya?That's the great thing about Capitalism, people will learn on their own that in order to make money, they have to offer competitive pricesAnd that's the thing about new inventions - they are never cheap to mass produce and offer to the general population, at least right away.
Gas is starting to dip below $2
