| # | Author | Message |
141
| mrkthompsn
Sat 5/17/2008 7:38p | Take a guess what the price of a gallon of gas in downtown Tehran is. |
142
| EighthDwarf
Sat 5/17/2008 9:04p | $0.50?
Keep in mind that no matter how cheap gas is in Tehran, it represents a higher percentage of income than it does here. |
143
| mrkthompsn
Sun 5/18/2008 7:37p | It's $0.35 in Tehran, Iran. It's $0.95 in Riyadh, Saudi Arabia.
It not only just a function of a higher percentage of income, it's from the fact that they drill and pump their own oil.
Where's more that 80% of our gas money going? Saudia Arabia?
Note that we have our own untapped oil. |
144
| Elderp
Sun 5/18/2008 7:50p | I would argue only about 40% of the profits go to the country where it is pumped from. About another 40% is the refineries. The last 20% is taxes. |
145
| WilliamK99
Thu 5/22/2008 4:59a | I say let's use Saudi Arabian and Middle Eastern Oil, then when they run out, we just use our supplies for us... It's ingenious when you think about it. |
146
| DouglasDubh
Thu 5/22/2008 5:45a | <Where's more that 80% of our gas money going? Saudia Arabia?>
Actually, most of imported oil comes from Canada. I think Mexico is second.
|
147
| Mrs ElderP
Thu 5/22/2008 6:23a | High Gas prices certainly bother this guy: His contention, gas is still way too cheap.
http://www.slate.com/id/2191491/ |
148
| WilliamK99
Thu 5/22/2008 6:33a | (Gasoline is also cheap compared with other essential fuels. A Starbucks venti latte costs the equivalent of $23 per gallon, while Budweiser beer runs $11 per gallon.)<<
I hate that srgument, unless you are in college, you will not drink beer by the gallon. |
149
| fkurucz
Thu 5/22/2008 8:22a | <<Actually, most of imported oil comes from Canada. I think Mexico is second.>>
True, but by propping up demand with our leviathan vehicles we keep prices high for the whole world.
Also worth considering is that Mexican production has peaked and is in decline. The same can be said for other major producers. |
150
| plpeters70
Thu 5/22/2008 10:27a | "Note that we have our own untapped oil."
And is any of it in a place that we can get to easily, cheaply, and without destroying the natural environment? Apparently not, or we already would be drilling up those places.
But I'm sure once gas hits $10 a gallon people will stop caring about the environment and drilling will start. But then what happens once that oil is gone?? |
