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OT - Why are gas prices so high, anyway?

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March 11th, 2011 at 8:33 AM
#1
STW P. Brabbs
Joined: 08/27/2008
MGoPoints: 2409
OT - Why are gas prices so high, anyway?

This is one of the most incredible things I've ever read.  Is it really possible that banks will be able to keep this sort of thing up forever?

(Link is quite long, but worth the time, IME)

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March 11th, 2011 at 8:36 AM | Same reason the dinosaurs are extinct (Score:1)
WichitanWolverine
WichitanWolverine's picture
Joined: 09/30/2009
MGoPoints: 18

Because you touch yourself at night.

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March 11th, 2011 at 9:33 AM | Proof (Score:1)
BiSB
BiSB's picture
Joined: 08/15/2009
MGoPoints: 27921

They no longer call me Bisbiño

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March 11th, 2011 at 10:37 AM | this is why (Score:1)
TrppWlbrnID
TrppWlbrnID's picture
Joined: 10/29/2009
MGoPoints: 7905

 i only touch myself during daylight hours.

hooray daylight savings this weekend!

2013 resolution - make it onto the 2014 favorite MGoPosters post, not ironically
i wish i would have made my screen name "IT WAS THE CHAIR"
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March 11th, 2011 at 8:41 AM | Because our good friends at (Score:1)
dennisblundon
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Joined: 02/23/2010
MGoPoints: 6631

Because our good friends at BP still have a mess to clean up. I also agree that another big reason is that you touch yourself.

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March 11th, 2011 at 9:40 AM | Dude... (Score:1)
BiSB
BiSB's picture
Joined: 08/15/2009
MGoPoints: 27921

You know the 'no politics' rule.

They no longer call me Bisbiño

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March 11th, 2011 at 9:58 AM | That's why the rule exists (Score:1)
BiSB
BiSB's picture
Joined: 08/15/2009
MGoPoints: 27921

It's the one area in which people can't take a joke.  I can call someone's mother a whore and question his political views, and he'll defend his politics first.

I'm about as partisan as it comes (hell, I worked in Michigan politics for four years), but you won't see a single hint of it here.  And why?  Cause people flip their shit, one person calls another a communist, the other guy makes a Hitler reference, and the thread gets locked.

They no longer call me Bisbiño

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March 11th, 2011 at 1:44 PM | the points never meant (Score:1)
octal9
octal9's picture
Joined: 11/11/2008
MGoPoints: 5717

the points never meant anything

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March 11th, 2011 at 9:55 AM | I see you took lessons on (Score:1)
Bluemandew
Joined: 11/18/2010
MGoPoints: 961

I see you took lessons on posting at RCMB today.

Just do it!

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March 11th, 2011 at 8:47 AM | Tressel (Score:1)
GunnersApe
GunnersApe's picture
Joined: 11/19/2009
MGoPoints: 4101

He F'in lied and the butterfly effect is F'in the whole world up. This is another stab at UM and the Big Three.

Fuck it, Dude, let's go bowling.

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March 11th, 2011 at 8:55 AM | Gotta get my Goldman Sachs (Score:1)
periotrainer
Joined: 07/28/2009
MGoPoints: 6

Gotta get my Goldman Sachs on....Lets hope we can afford to drive to the games this fall!!!!

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March 11th, 2011 at 8:56 AM | Something to do with TP's frequent "test drives" (Score:1)
WFBlue
WFBlue's picture
Joined: 10/03/2010
MGoPoints: 1769

he is using up all the petrol

 
 

Time is working funny again. Greg Mattison has a phonebooth time machine he sent the secondary back to Charles Woodson's childhood in; they have emerged with ZZ Top beards, children, and skills.-BC

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March 11th, 2011 at 8:59 AM | Because we (earth) (Score:1)
ijohnb
Joined: 09/21/2009
MGoPoints: 2795

is running out of it.  Say what you will about unrest in the middle east, speculation, and George W. Brilliant, but gas prices are higher on a regular basis because oil is actually becomming a scarse commidity.  Listen, I am no Al Gore, but think of the oil supply as an ocean, sea levels are getting very low.  Are we running out tomorrow, no.   Should our children be concerned, absolulotely.  The entire world needs to understand the problem and unite to find a common solution.  It is very possible that oil prices could reach un-thought-of prices in the next decade.  $10 per gallon = blood in the streets.  It is the single biggest threat to our way of life and to a semi-peaceful existence between nations.  Have you seen There Will Be Blood.  The title of that moive is foreshadowing of things to come, and the film itself is symbolism for the net effect that oil and dependence on oil is having on a once sane world.  Reliabile alternative forms of energy are a must, like, right now.

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March 11th, 2011 at 9:06 AM | sorry for the ignorance (Score:1)
WFBlue
WFBlue's picture
Joined: 10/03/2010
MGoPoints: 1769

but I have to inquire about your sig line.  reference?

 
 

Time is working funny again. Greg Mattison has a phonebooth time machine he sent the secondary back to Charles Woodson's childhood in; they have emerged with ZZ Top beards, children, and skills.-BC

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March 11th, 2011 at 9:15 AM | ah, string theory (Score:1)
WFBlue
WFBlue's picture
Joined: 10/03/2010
MGoPoints: 1769

..

 
 

Time is working funny again. Greg Mattison has a phonebooth time machine he sent the secondary back to Charles Woodson's childhood in; they have emerged with ZZ Top beards, children, and skills.-BC

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March 11th, 2011 at 9:04 AM | though I don't disagree with some of your sentiments (Score:1)
WFBlue
WFBlue's picture
Joined: 10/03/2010
MGoPoints: 1769

that is not why gas prices spiked in the last several weeks.  I hear there are some shenanigans going on in the ME where the oil is; this has freaked out commodity traders, etc.  Long term, the oil supply is finite, but the recent spike is not about scarcity.

 
 

Time is working funny again. Greg Mattison has a phonebooth time machine he sent the secondary back to Charles Woodson's childhood in; they have emerged with ZZ Top beards, children, and skills.-BC

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March 11th, 2011 at 9:27 AM | dude, breathe (Score:1)
WFBlue
WFBlue's picture
Joined: 10/03/2010
MGoPoints: 1769

..

 
 

Time is working funny again. Greg Mattison has a phonebooth time machine he sent the secondary back to Charles Woodson's childhood in; they have emerged with ZZ Top beards, children, and skills.-BC

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March 11th, 2011 at 9:36 AM | Charlie Sheen (Score:1)
BiSB
BiSB's picture
Joined: 08/15/2009
MGoPoints: 27921

Explains the oil price spike.

They no longer call me Bisbiño

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March 11th, 2011 at 9:52 AM | Sheen - (Score:1)
ijohnb
Joined: 09/21/2009
MGoPoints: 2795

"Oil, I don't care about oil, I mean who cares right.  I'm winning, right, so what is oil to me.  I just can't, I can't understand all the hate, all the bad things in the world.  I am just about love, loving my children, and just understanding that this while thing is about love. (Interuption for puff on cig).  Look, I got what noone else has, I'm just like who cares, I am living life man, just loving, ya know.  I am my own creature, my own thing.  I just do it the Sheen way.  It's just love man.

Interviewer - Um, OOoookkk.  Charlie are you sure you don't need me to get you anything?  Your alright? 

Sheen - Tiger Blood man, tiger blood.

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March 11th, 2011 at 10:57 AM | To Charlie.. (Score:1)
JD_UofM_90
Joined: 11/09/2009
MGoPoints: 2190

coke and porn stars are commodites.  So he is tapping those reserves hard....

“Oh Yeah, what he said forgodsakes...”  -   -         

<

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March 11th, 2011 at 9:38 AM | WORD. (Score:1)
ItsaDamnGame
ItsaDamnGame's picture
Joined: 01/06/2011
MGoPoints: 451

"And notice how there is not outrage like what we saw the last time prices shot up? The difference is that there is a Democrat in the WH and those who complained only did so for political reasons because their party wasn't in the WH."

-The dogs bark, but the caravan moves on.

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March 11th, 2011 at 9:42 AM | One. Freeking. Rule. (Score:1)
BiSB
BiSB's picture
Joined: 08/15/2009
MGoPoints: 27921

They no longer call me Bisbiño

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March 11th, 2011 at 10:24 AM | Football politics is to politics (Score:1)
BiSB
BiSB's picture
Joined: 08/15/2009
MGoPoints: 27921

As hammerhead sharks are to ball-peen hammers.  They sound kinda the same... but go ahead and take a swim with both, and see how each turns out.

They no longer call me Bisbiño

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March 11th, 2011 at 10:42 AM | 364 Days a Year (Score:1)
ItsaDamnGame
ItsaDamnGame's picture
Joined: 01/06/2011
MGoPoints: 451

I agree on The Rule.  Why the hell post this topic on this board in the first damn place?  But I responded and realize that I'm part of the problem today.  Every other time some liberal "I'm not racist because I voted for an inter-racial candidate" posts something, I let it go but not today!

I remember when these stupid posts would get pulled off the board - those were the days... 

-The dogs bark, but the caravan moves on.

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March 11th, 2011 at 1:17 PM | NO FUCKING POLITICS (Score:1)
CompleteLunacy
CompleteLunacy's picture
Joined: 11/13/2010
MGoPoints: 1167

You admit defeat by slandering liberals. Nicely done. You win exactly one (1) neg from me.

And for the record, there's no such thing as a racist person who voted for Obama. So if you think that THAT's the reason why so many people voted for him, then you might want to look in the mirror before you label others.

I'm not a lunatic. Seriously, i'm not.

Ok, maybe just a little bit. 

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March 11th, 2011 at 2:11 PM | inter-racial Dude. We're (Score:1)
octal9
octal9's picture
Joined: 11/11/2008
MGoPoints: 5717

inter-racial

Dude. We're biracial, or multiracial.

Interracial is a type of porn.

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March 11th, 2011 at 10:02 AM | This guy said you are dead nuts accurate in your assessment! (Score:1)
NorthSideBlueFan
NorthSideBlueFan's picture
Joined: 08/28/2009
MGoPoints: 2198

 

BTW, does anyone know anybody that can give me some leads on where I can stock up on gold and survival food storage?

"... never forget that Ohio is still a four-letter word."
-Bob Ufer

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March 11th, 2011 at 10:57 AM | Gas prices are high for a (Score:1)
tbeindit
tbeindit's picture
Joined: 01/28/2011
MGoPoints: 318

Gas prices are high for a multitude of reasons including (in no order):

Opec, Libya, high demand, oil companies, politics, inflation

However, the idea that oil is running out is a farce.  In fact, most reports show that nearly 90% of the world's oil has not even been touched yet, it still lies in the ground.  I mean, it's not a good plan to rely on it, but it will be there.

 

Well, now back to Michigan football!! haha

Follow:

Twitter

Tremendous

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March 11th, 2011 at 12:28 PM | 90%?? (Score:1)
coastal blue
Joined: 11/13/2010
MGoPoints: 1791

You have some reading material to back that up??

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March 11th, 2011 at 1:11 PM | I absolulotely agree our children should be concerned. (Score:1)
CompleteLunacy
CompleteLunacy's picture
Joined: 11/13/2010
MGoPoints: 1167

Sorry, had to take advantage. It was a pretty damn funny spelling error. Also, this image came to mind:

I'm not a lunatic. Seriously, i'm not.

Ok, maybe just a little bit. 

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March 11th, 2011 at 9:47 AM | You should consult OSU and (Score:1)
dennisblundon
dennisblundon's picture
Joined: 02/23/2010
MGoPoints: 6631

You should consult OSU and let them in on your reasoning. It's not Pryor's fault he sold his shit to buy tattoos, it's the tattoos themselves. If they weren't so cool and expensive this problem never would have happened.

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March 11th, 2011 at 10:12 AM | It could've been economical (Score:1)
Cope
Joined: 10/07/2010
MGoPoints: 1060

Comments like these made it political.
Go blue (not political)...

A Journey of Father and Son
http://mysonsfirstbible.blogspot.com/2013/05/15-things-you-may-have-miss...

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March 11th, 2011 at 9:19 AM | I mean its pretty effed up, (Score:1)
JimLahey
JimLahey's picture
Joined: 01/18/2011
MGoPoints: 2369

I mean its pretty effed up, providences like texas and calgary have way lower prices,  its just not fair.

I've decided to lay off the food for a while, and go on the booze.

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March 11th, 2011 at 12:15 PM | dude (Score:1)
BrewCityBlue
BrewCityBlue's picture
Joined: 09/07/2009
MGoPoints: 1468

this whole pee in butts meme you're trying to start isn't cool. it's also not funny, and it's pretty annoying. I'd rather hear political bs.

HAIL.

"Where's the threat? Oh, it's right here, and it's devouring us alive." -Ace<

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March 11th, 2011 at 9:29 AM | Hey Hoken (Score:1)
periotrainer
Joined: 07/28/2009
MGoPoints: 6

....you're delusional.....Gas prices spiked in 2008 on pure speculation, not "wacko" environmentalists. Yes, we need to be working on alternative fuels.....not alternative ways of obtaining oil reserves.....we're at peak oil....the increases we see right now are the result of profit taking, speculation.....you're a nut if you think it has anything to do with democrats or republicans. It has to do with cash. It has to do with Goldman, BoA, etc.....God I wish it was football season

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March 11th, 2011 at 10:12 AM | Build me a refinery (Score:1)
htownwolverine
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Joined: 09/02/2009
MGoPoints: 3362

or a drilling platform in 2 years and I'll sell you a bridge to nowhere and throw in Charlie and his goddesses for a bonus.

There hasn't been an administration that has been able to control OPEC and oil prices since well OPEC.

Please save these posts for the CATO Institute boards.

Who is Jon Falk?
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March 11th, 2011 at 10:45 AM | Great Argument (Score:1)
ItsaDamnGame
ItsaDamnGame's picture
Joined: 01/06/2011
MGoPoints: 451

Since we can't do it in two years lets not do it at all.  That great liberal argument has worked for the benefit of energy independence since the '70s...

-The dogs bark, but the caravan moves on.

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March 11th, 2011 at 11:59 AM | Project much? (Score:1)
htownwolverine
htownwolverine's picture
Joined: 09/02/2009
MGoPoints: 3362

The 2 year argument is a direct rebuttal of the above blame game statement. I don't believe my statement said to never build a new refinery but to blame the current admin is ludicrous, just as it would be to blame Bush. New refineries would have to have been started almost at the end of Clinton's tenure, but you know straw man away.

Also, if we had followed Jimmy C's advice years ago we would be energy independent. But, you know facts and things are funny.

Who is Jon Falk?
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March 11th, 2011 at 12:33 PM | Jimmy Carter (Score:1)
ItsaDamnGame
ItsaDamnGame's picture
Joined: 01/06/2011
MGoPoints: 451

That's FUNNY!!!

-The dogs bark, but the caravan moves on.

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March 11th, 2011 at 10:28 AM | "to education you" (Score:1)
WM Wolverine
Joined: 08/19/2010
MGoPoints: 26

Those "triple digits" obviously include a decimal point.

MGOBLOG: A continuous reminder that education and intelligence are not the same thing

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March 11th, 2011 at 12:01 PM | Seriously? (Score:1)
NorthSideBlueFan
NorthSideBlueFan's picture
Joined: 08/28/2009
MGoPoints: 2198

Well I bet his Dad can beat up your Dad!

 What are you 14? First you brag (on an internet forum no less) about the money you make, then when someone calls you on it they are broke and unemployed?

Thanks for the "education" Mr. Buffett!

"... never forget that Ohio is still a four-letter word."
-Bob Ufer

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March 11th, 2011 at 9:37 AM | And what's the deal with (Score:1)
Laser Wolf
Joined: 07/09/2008
MGoPoints: 1694

And what's the deal with Grape Nuts?!

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March 11th, 2011 at 11:01 AM | That is how you tell the difference.. (Score:1)
JD_UofM_90
Joined: 11/09/2009
MGoPoints: 2190

between a boy grape and a girl grape....

“Oh Yeah, what he said forgodsakes...”  -   -         

<

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March 11th, 2011 at 9:38 AM | Gas prices aren't that high (Score:1)
BiSB
BiSB's picture
Joined: 08/15/2009
MGoPoints: 27921

You know what's too damn high?  The rent.

They no longer call me Bisbiño

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March 11th, 2011 at 10:10 AM | The real question (Score:1)
T-town Wolv
Joined: 12/01/2010
MGoPoints: 159

How did this guy not win the election? Funny? Check. Sweet Facial Hair? Check. Fixing Problems? Hell yeah!

"As a karate expert, I will not talk about anyone on this stage."

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March 11th, 2011 at 10:33 AM | The best was when he said, (Score:1)
phills39
Joined: 09/17/2010
MGoPoints: 286

The best was when he said, "Did you hear that? Somebody's stomach just growled. Why? Because the rent is too damn HIGH!"

He's actually running for president.

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March 11th, 2011 at 9:43 AM | Wackos (Score:1)
ItsaDamnGame
ItsaDamnGame's picture
Joined: 01/06/2011
MGoPoints: 451

Wackos...

-The dogs bark, but the caravan moves on.

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March 11th, 2011 at 9:44 AM | That video is absolutely (Score:1)
periotrainer
Joined: 07/28/2009
MGoPoints: 6

That video is absolutely Hilarious....I loves me some politics.....

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March 11th, 2011 at 9:48 AM | It's 9 am and this thread (Score:1)
Zone Left
Zone Left's picture
Joined: 07/03/2008
MGoPoints: 13967

It's 9 am and this thread still exists. Wow.

It's all John Navarre's fault.

 

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March 11th, 2011 at 3:30 PM | It's prison rules around here (Score:1)
dennisblundon
dennisblundon's picture
Joined: 02/23/2010
MGoPoints: 6631

It's prison rules around here I guess. No mods and no negs.

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March 11th, 2011 at 9:58 AM | because the dollar is weak. (Score:1)
bluebloggin
bluebloggin's picture
Joined: 12/04/2010
MGoPoints: 336

because the dollar is weak.  There is plenty of oil, we just have to spend more money to get it because the dollar doesn't go as far as it used to.

I piss excellence and poop gold

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