You know what I don't understand...

[fordman]

My question is, how come gas is 5 bucks or so, depending on where you live, a gallon and anything else pertaining to oil went up, but we can still get a quart of oil for our cars for about 2 bucks or less? Came up at work today and nobody had a straight answer.

[HiHo]

'nuff said.

[TiTo35]

I thought politics was one of those things not discussed...

[sailsmen]

Pennzoil at FLAP is $12.99 per gallon before tax.

A few simple facts;
Who owns 67% of the untapped oil below US Land? Answer "Big Gov't"

Who owns 100% of the untapped oil off US Coast? Answer "Big Gov't"

Who refuses to sell this oil? Answer "Big Gov't"

How much is this oil that "Big Gov't" refuses to sell? The same amount of oil we are currently buying from the Middle East.

For every dollar of sales "Big Oil" makes 8 cents profit.

For every dollar of gasoline "Big Oil" makes 4 cents profit.

For every dollar of gasoline "Big Gov't" makes 15 cents in taxes.

The average price paid for a gallon of gas in March 2008 was 10% lower in todays dollars than March 1982.

Chemical, Non-auto mfg, drug, alchohol and tabacco industries in 2007 were more profitable than "Big Oil" in 2007.

In 2007 the market capialization of "Big Oil" which consist of 184 companies was $1.6 trillion. "Big Gov't" takes $4.5 trillion per year in taxes.

Exxon sells 3.2% of the World Supply and owns .62% of the World's known reserves.

2,000 Acres of ANWAR would replace the oil we buy from Saudi Arabia.

Timline for land is 3 years and offshore is 6 years to begin flowing the oil.

Stop "Blood for Oil" by lifting the ban on US Oil. Made in USA Oil protects USA jobs!

Heres reality;
President Time Period Average Misery Index

Jimmy Carter 1977 - 1980 16.27
Gerald Ford 1974 - 1976 15.93
Ronald Reagan 1981 - 1988 12.19
George H.W. Bush 1989 - 1992 10.68
Richard Nixon 1969 - 1973 9.98
George W. Bush 2001 - 2007 7.89
Harry Truman 1948 - 1952 7.87
William J. Clinton 1993 - 2000 7.80
John F. Kennedy 1961 - 1962 7.27
Lyndon Johnson 1963 - 1968 6.78
Dwight Eisenhower 1953 - 1960 6.26

My personal opinon is Carville coined the phrase, "it's the economy stupid" as in the electorate is too stupid to know that a sitting President can do very little to influence the economy. Carville's Mantra We will blame the sitting President for the economy since we know he cannot change it and beat him at the polls.

"Congress controls the purse strings because "No Money shall be drawn from the Treasury, but in Consequence of Appropriations made by Law;" (Art 1 Sec 9). This means Congress must pass appropriation bills in order for the Executive Branch to spend any money. The Congress must also pass revenue bills to raise the money for the appropriations.

Taken together, the taxing and spending decisions of the Congress are referred to as fiscal policy."

The President has very little influence over the economy. If the President could control the economy we would always have a great economy. President Roosevelt who was elected to office for 12 years could not control the economy. Bush asked the Congress to allow drilling in only one small area ANWAR and Congress ignored his request.

The President is the Executor of the Executive Branch.

The Presidents primary responsibility is Commander in Chief.

When you go into the voting booth your pick will be for who you will want to follow into battle;
A) A man who regularly councels w/ a selfconfessed unrepentant terrorist and who wants to counsel w/ men who speak of our demise. Aman who has spent less than 250 days in the Senate.
B) A man who is a decorated veteran and POW. A man who spent 1,966 as a POW.

By medeling in the economy Congress artificially prevents recessions. In doing so "inefficiencies in the market" continue causing friction for efficient growth. The result is the realestate debacle which has been repeated twice in 20 years. Better to have several minor recessions than one big depression that we cannot influence.

The current Commander in Chief has kept us safe since 911.

[Bradley G]

I guess that makes Two of you!:P

[Leadfoot281]

$2/quart for oil. 4 quarts in a gallon. That's $8/gallon for oil and you're complaining about the cost of gas?

Fill your tank with 10w30 and let us know what it cost.

[xopher]

Pennzoil at FLAP is $12.99 per gallon before tax.
...
:blah: :Offtopic: :blah:
...
The current Commander in Chief has kept us safe since 911.

:confused: Kinda strayed from the question... And please cite sources rather than copy and paste lists of things you think are true.


Anyways, I wasn't able to find much on the question other than this: http://www.khqa.com/news/news_story.aspx?id=132538

But I agree with the OP that it doesn't seem 5W20 has followed the fluctuations in the price of crude or the price of 93 Octane.

My best guess, trying to remember my lessons in price elasticity (http://en.wikipedia.org/wiki/Elasticity_(economics)), is that the relatively low volume of consumption and the general population's tendency to fail in properly maintaining a vehicle are the causes.

So, if I'm Mobil1, and I know people don't change their oil as frequently as they should, and I'm a drop in the bucket compared to gasoline, a change in my price will probably result in a drop in revenue, since people will simply stop getting oil changes if it gets too expensive. I baby the hell out of my MM in terms of maintenence, but myself and millions of other Americans have gone 10s of thousands of miles between oil and other fluid changes on other vehicles well past the 100k mark.

While 5W20 and a DOHC 32v V8 yields great performance, it remains true that crap-W-whatever in my rust-bucket-Jalopy will still get me to the liquor store and back in time to see if my cousin Cleetus is gonna be on Cops.


Fill your tank with 10w30 and let us know what it cost.
Is the correct answer $7K for a new crate motor? :rofl::beer:

[J D]

Getting back to the topic . . .

[sd8683]

[QUOTE=Leadfoot281;630222]$2/quart for oil. 4 quarts in a gallon. That's $8/gallon for oil and you're complaining about the cost of gas?

I believe his point is that the price of motor oil hasn't changed compared to gas prices, the average going rate for motor is $2 and its been like that as long as I can remember

[fordman]

You guys are right,


I apologize to whom this post has offended. There are 2 things I have always swarn by to not do and that is talk politics and religion among friends. I must admit that after speaking to my co-workers yesterday, (The reason why I posted this question), and watching some of them get heated up also, It swirled in my head as I wrote the post. It was immature of me to get into the politics part and should have just asked the question to you all instead, although some of the responses are real eye opening as to what is going on in this world. I have seen other members in the past throw there little jabs in about things that should not be talked about, and seeing the replies from the members should have taught me a lesson. We are all Americans, and where all in this together. Lessoned Learned.

Again Apologies,

Fordman

[Glenn]

Fordman:

I thank you for your apology and edit of your post. It is not easy to do either. You also saved me the time and effort of writing a response that I may have had to apologize for. The President is also the Command-in-Chief and deserves our respect. This is especially true for me having a LT JG in the Navy who is home for leave before entering his training for Seahawk helos and another applying to Navy OCS school.

Thank you,

Glenn :burnout:

[Blk Mamba]

There is nothing wrong with our "Country", there is something wrong with our "Government", all our politicians are greedy, self centered, liars.

[Mike Poore]

Fordman:

I thank you for your apology and edit of your post. It is not easy to do either. You also saved me the time and effort of writing a response that I may have had to apologize for. The President is also the Command-in-Chief and deserves our respect. This is especially true for me having a LT JG in the Navy who is home for leave before entering his training for Seahawk helos and another applying to Navy OCS school.

Thank you,

Glenn :burnout:

I concur, Glen. We've got a lot of first class folks contributing to this site. And, a couple of first class families among us.....God bless those wonderful sons of yours, Glen & Mrs.

[ParkRanger]

Fordman:

I thank you for your apology and edit of your post. It is not easy to do either. You also saved me the time and effort of writing a response that I may have had to apologize for. The President is also the Command-in-Chief and deserves our respect. This is especially true for me having a LT JG in the Navy who is home for leave before entering his training for Seahawk helos and another applying to Navy OCS school.

Thank you,

Glenn :burnout:

You don't 'deserve' respect -- you do it the old fashioned way -- you EARN it!
Our form of gov't works due to the active participation and input of it's citizens. Not mindless obedience.

[chicago_cop]

Pennzoil at FLAP is $12.99 per gallon before tax.

A few simple facts;
Who owns 67% of the untapped oil below US Land? Answer "Big Gov't"

Who owns 100% of the untapped oil off US Coast? Answer "Big Gov't"

Who refuses to sell this oil? Answer "Big Gov't"

How much is this oil that "Big Gov't" refuses to sell? The same amount of oil we are currently buying from the Middle East.

For every dollar of sales "Big Oil" makes 8 cents profit.

For every dollar of gasoline "Big Oil" makes 4 cents profit.

For every dollar of gasoline "Big Gov't" makes 15 cents in taxes.

The average price paid for a gallon of gas in March 2008 was 10% lower in todays dollars than March 1982.

Chemical, Non-auto mfg, drug, alchohol and tabacco industries in 2007 were more profitable than "Big Oil" in 2007.

In 2007 the market capialization of "Big Oil" which consist of 184 companies was $1.6 trillion. "Big Gov't" takes $4.5 trillion per year in taxes.

Exxon sells 3.2% of the World Supply and owns .62% of the World's known reserves.

2,000 Acres of ANWAR would replace the oil we buy from Saudi Arabia.

Timline for land is 3 years and offshore is 6 years to begin flowing the oil.

Stop "Blood for Oil" by lifting the ban on US Oil. Made in USA Oil protects USA jobs!

Heres reality;
President Time Period Average Misery Index

Jimmy Carter 1977 - 1980 16.27
Gerald Ford 1974 - 1976 15.93
Ronald Reagan 1981 - 1988 12.19
George H.W. Bush 1989 - 1992 10.68
Richard Nixon 1969 - 1973 9.98
George W. Bush 2001 - 2007 7.89
Harry Truman 1948 - 1952 7.87
William J. Clinton 1993 - 2000 7.80
John F. Kennedy 1961 - 1962 7.27
Lyndon Johnson 1963 - 1968 6.78
Dwight Eisenhower 1953 - 1960 6.26

My personal opinon is Carville coined the phrase, "it's the economy stupid" as in the electorate is too stupid to know that a sitting President can do very little to influence the economy. Carville's Mantra We will blame the sitting President for the economy since we know he cannot change it and beat him at the polls.

"Congress controls the purse strings because "No Money shall be drawn from the Treasury, but in Consequence of Appropriations made by Law;" (Art 1 Sec 9). This means Congress must pass appropriation bills in order for the Executive Branch to spend any money. The Congress must also pass revenue bills to raise the money for the appropriations.

Taken together, the taxing and spending decisions of the Congress are referred to as fiscal policy."

The President has very little influence over the economy. If the President could control the economy we would always have a great economy. President Roosevelt who was elected to office for 12 years could not control the economy. Bush asked the Congress to allow drilling in only one small area ANWAR and Congress ignored his request.

The President is the Executor of the Executive Branch.

The Presidents primary responsibility is Commander in Chief.

When you go into the voting booth your pick will be for who you will want to follow into battle;
A) A man who regularly councels w/ a selfconfessed unrepentant terrorist and who wants to counsel w/ men who speak of our demise. Aman who has spent less than 250 days in the Senate.
B) A man who is a decorated veteran and POW. A man who spent 1,966 as a POW.

By medeling in the economy Congress artificially prevents recessions. In doing so "inefficiencies in the market" continue causing friction for efficient growth. The result is the realestate debacle which has been repeated twice in 20 years. Better to have several minor recessions than one big depression that we cannot influence.

The current Commander in Chief has kept us safe since 911.

Makes Sense to Me. Obama said he would go with the Muslims if things go sideways against them. Read his book Audacity of Hope. We need to pray for our country. Only God can help us.