Posted on 03/03/2015 10:46:56 AM PST by Red Badger
All the periods in my lifetime of oil price spikes were a bad economy:
73-74, 79-80, 08-current
High oil prices fund Islamic terror also.
I was just telling my kids about the Jimmy Carter presidency. I was 16 years old and had been dreaming of someday owning a Harley but I was convinced that there wouldn’t be enough gas left for me to drive it.
So you think the issue is they don't own enough property? But could afford to transport away from where the pipelines are by trucks?
Hmmm, didn’t realize it had to be done in one day
Not even in a year. You are talking about orders of sizes that involve dedicated steel mill time. Even if
LOL those little ferengis gave me the heebee-jeebies. Then I realized if capitalist manufacturers and retailers wanted to create their own boom, why not lower the prices of everything and have billions of people all over the world buying their crud. Make it cheap enough for the third world countries to buy. Cheaper prices will cause more demand, at least that is what I thought. They are pricing themselves out of business.
LOL those little ferengis gave me the heebee-jeebies.
They’re very complex, involve calculus, division by zero and xenomathematics for which you’d need either a fractal slide rule or an R2 unit to even begin to comprehend.
Fill those swimming pools with Texas tea instead of water!
Harley’s of THAT era sucked, since it was owned by AMF.................
Ferengis know only two things.
Money and how to get it........................Latinum is their preferred coin..................but anything that is fungible is good.................
True.
If the market calls for it, no.
Actually, it is ISIL/ISIS that is getting (or was) getting a lot of financing of their “war,” from oil. If oil prices collapse...ISIS funding collapses.
EBH, I know that is one of the stories in this drama. I’m sure there might be some deeper, more sinister “shenanigans” going on too.
The public will never know.
The irony of the AMF era of H-D is that AMF actually saved the company, even while ruining their quality for a while. AMF invested in production capacity that was used to good effect after the 1981 buyout. Look at where they are now!
They wouldn't be there if not for AMF.
And Reagan, of course.
so the public should subsidize the industry with high energy prices that also touch upon so many other consumer items?
How is that the oil industry AND Wall St Firms too get to be insulated from market conditions, and other markets/industries have to deal with them? Where in the Constitution does it say both of these elite industries always get the good times? And to add, do you think the top executives will be hurting? That they’ll tighten their salary/stock options/benefit belt?
Nobody likes to see good US jobs laid off because they are becoming so few. But as “free marketers” love to yell - leave the market alone.
good luck with that. anytime consumer goods/food prices go up, one of the reasons always given is “higher transportation costs”. And when these transportation costs decrease as they have, and consumer prices stay the same, how dare you question it. And yes, I know gas and diesel prices are different.
True, but I was specifically addressing the AMF angle.
There’s also the little matter of spilling a tablespoon of product. The enviroweenies in the gruberment agencies tend to flip out and demand cost-prohibitive measures to deal with such occurrences.
They’re very powerful sociopaths.
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