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by Sageman from Orlando

Last Post 65 days, 14 hours Ago


Why Gas Prices Are A Good Thing.
Jul 30, 2008 | 5:26 PM
Category: News
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So here is what I've been thinking. With gas prices at the point they are now maybe it's time for us to look at the positive behind rising prices. As well as a solution that involves less gas consumption rather than implementing plans that would only provide a stop gap solution to the biggest problem facing America today.

Positives

Higher prices will force people to focus on alternative means of travel; Public Transit, Car Pooling, Biking, Electric Scooters and Segways etc....

Will make people be more sensible in their housing purchases. Just think about this, the average round trip commute of 20 miles costs about $4.00 a day. That's $20.00 a week and  $1040.00 in gas a year just to go back and forth to work.  That's just going from work and back, not including your every day drive to the store, school etc...

Also higher gas prices will eventually level out, when that occurs, wage and other costs will balance out. Creditors will begin giving more credit when the economy stabilize and this will stimulate the economy and we will once again see economic growth. I thought of this theory the other day while thinking about economics. I personally think it holds true when we look at the past.

Research has increased on alternative fuels so fast that people are no longer looking 10 years in the future many are saying 5 years. Look at the history of trend setting products, the Internet, PC and Ipod, all took less than 3 years to meet the needs of consumers with infrastructure. Some analysts have stated that when alternative fuels become profitable you will see an implementation nation wide of less than 2 to 3 years.


Big Oil Companies and the politicians they pay are promoting off shore drilling to pump more oil but experts have said this wont lower prices at all. What republicans are arguing is a price plateua but history has proven this will happen even if we continue to rely on foreign oil. Where in fact if we drill offshore the only people to benifit will be the people drilling the oil. If we don't save any more money but provide a cheaper source of oil then who profits? Oil companys, and for those that argue competitive pricing, well my friend no oil company undercuts another by more than 10 cents on average. Keep that in mind.
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Member Comments Total Comments: 8
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Truthguys read my blog view my photos
Jul 30, 2008 | 5:55 PM

We did get played but I agree, the gas prices arent high enough. WHen I see people getting gas at stations where the gas is 20 cents more Per gallon than one down the street that is nuts.

But you dont get Governement or people on your side unless you have their hand twisted behind their backs. Do you think if Big Oil asked for more drilling at $2.oo gas it would happen. But if they made us hurt a bit, we start to listen.

Time to go after Big Oil...a technology of Drilling and refining of 100 years old has got to go.
dks75 read my blog
Jul 31, 2008 | 8:55 AM

I like some of the alternatives, but I'm not opposed to drilling either. The higher it goes the better off to having viable alternatives or a combination of several sources we'll be.

choke price: This is the price at which all demand is choked off. At any price below the choke, a good is demanded. At any price equal to or above the choke price, no goods are demanded. Typically, these prices are associated with natural resources.
RNC08 read my blog view my photos
Jul 31, 2008 | 9:38 AM

...I am just saying , American oil production is the the most efficient in the world 1st we actually draw 12 gallons of gas out of one barrel of oil 2nd we draw 20% more oil per day out of the ground than any one els per well that we operate....realistically buying the same oil that we could be pumping out of Alaska and the off shore from China and Russia (as your plane will result in) is in itself wasteful ! LOL
Now as far as what is going on right now, this is nothing new we played the same game in the late 70's (with the same players making the same moves!) Jimmy Carter had exactly the same idea that you have for this same problem, RE: “Oil is running out so everyone stop using it” ...well we all know what happened then ! The government raised the cost as we cut back just like they are doing now ! The less we use the more we will pay in taxes on what we do use...the price per unit will stay up no mater what the consumer does! ...we all also know what changed the downward spiral , in 1981 America lifted its restrictions on drilling and the price dropped to $10 a barrel ...
RNC08 read my blog view my photos
Jul 31, 2008 | 9:38 AM

tell me something Sage , oil prices are high all over the world but you are only demanding that this country cut back (live like animals without oil) ...why is that ?
ExplosiveMind read my blog
Jul 31, 2008 | 11:30 AM

People finally being made to become more responsible and less wasteful. I love it, what a concept!
Mater01 read my blog view my photos
Jul 31, 2008 | 1:19 PM

Now here's the down side!

People can't afford to pay their bills because the money has to go to their vehicle, higher insurance, higher cost of living, higher everything.

People are losing they jobs because of company cut backs & company bankrupts.

People who are now without a job can't make their mortgage payments or bills so they begin to turn within the criminal world just to provide for their families and to get by somehow or by what ever means they may deem nessary!

How is that just for a start!!! And as for your suggestion "Higher prices will force people to focus on alternative means of travel; Public Transit, Car Pooling, Biking, Electric Scooters and Segways etc...." That within itself should have and was already in the process but just going at a slower pace and I don't think that is a very good excuse for taking the American people down to a desperate measure of finding ways just to get by!!!
Sageman read my blog
Jul 31, 2008 | 7:11 PM

I think the impact on the economy is overstated. The mortgage crisis has had a bigger impact than gas prices. Wages will adapt to reflect the higher gas prices it just takes a while usually to catch up. As for turning to crime that's a bit dramatic in my opinion.

Also people were already using alternative means of transit? That's a new one to me, with a growth of less than one percent on average, per the US population for the last 20 years, I don't see how it was gradually getting better? That's pretty darn non existent.

The biggest boom of alternative travel is happening this year and some speculate that by 2010 more than 40% of the countries population will use alternative means for commuting.

Over all people will adapt by getting houses closer to work. We'll also see communitys spring up like Waterford Lakes and Baldwin Park, that are close to Shopping and Entertainment. This will be the new future nationwide in my opinion. Why go back to the past?

How stupid is it that people by houses or rent apartments 50 miles round trip from where they work? That always amazed me. Also how long have the prices stayed this low while in Europe and Asia people were already paying prices that made gas a luxury not a god given right. This is economic evolution in my opinion and if we don't adapt our economy will fail.

In the end the higher gas prices will stimulate our economy. Think of it, people will buy houses closer to work. They will need to buy or invest in cheaper modes of travel, which will need alternative means of power, which means jobs to supply all of the abov
RNC08 read my blog view my photos
Aug 1, 2008 | 10:11 AM

You crack me up Sage , really the “housing crisis” is the biggest part of the economy...now that is a hoot ! If it where true then our economy would currently be better than it has been in over 60 years, funny how you gloss over how BIG the housing push was and how subtracting 5% (all foreclosures combined) from 300% still leaves a growth of 295% in the housing market over the past 4 years...How do YOU link the price of “houses” to the price of consumer goods? How do you predict a “Britte future” by switching this nation from “heavy industry” to in house cottage business ?
Your “population” figures are a bit misleading , it is true that the birth rate for citizens in this country is less than 1% fact is we are averaging 1.4%/per 2 deaths per year right now BUT the national census indicates that our population growth rate for the past 4 years is 4% gross ...we are not getting smaller , but we are getting “foreign” LOL
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Sageman

I have been an actor, writer, and journalist, among other things. Currently I am getting ready to go back to school. I think that news, as clichè as it sounds, is one day away from being history. I enjoy reading, writing, running, biking and swimming. Ironically I hate the Triathlon. Yet I believe exercise is the key to a happy life! Politically I'm a Moderate Democrat and I listen to anyone's views, the only thing that really irks me is people who insult others for having different views. Which often makes me insult them in turn. I guess that makes me a Hypocrite... At least I won't be lonely.

Member Since: 3/19/2008


 

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