jdhelm

Champion Author
Iowa
Posts:11,812 Points:1,195,965 Joined:Dec 2009
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Message Posted: Apr 11, 2011 7:51:49 AM
i'm gonna put up my picket fence gate to my garden today, does that count?
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catfish99

Champion Author
Wilmington
Posts:13,950 Points:2,493,600 Joined:Sep 2005
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Message Posted: Apr 11, 2011 6:44:57 AM
We have a strategic reserve to provide oil if there is a severe disruption of supply. That is not the case here. The OP is calling for government price intervention, which never ends well. Further, with the Middle East quite unstable at this time, there is a greater than normal potential for supply disruption. We do not want to compromise our ability to weather a crisis to lower prices a nickle a gallon.
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jsoko

Champion Author
Detroit
Posts:1,310 Points:608,670 Joined:Sep 2005
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Message Posted: Apr 10, 2011 11:59:46 PM
If you are going to picket anything, picket for a cheaper price down the road, such as: "Gas prices are $X.XX one mile --> " Then the station you are picketing at would possibly lower their price...
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jdhelm

Champion Author
Iowa
Posts:11,812 Points:1,195,965 Joined:Dec 2009
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Message Posted: Apr 10, 2011 8:07:09 AM
i'm gonna boycott facebook
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scoutmaster

Champion Author
Pittsburgh
Posts:81,177 Points:3,250,695 Joined:Mar 2003
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Message Posted: Apr 10, 2011 7:07:38 AM
I think the problem has the attention it needs! Picketing a station looks like you are picketing the station, not the oil company.
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Gas_Buddy

Champion Author
Maryland
Posts:25,948 Points:3,030,815 Joined:Aug 2004
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Message Posted: Apr 9, 2011 11:05:59 PM
protestnow: Why would you want to open the Strategic Oil Reserves now? There is no gas shortage; and how would you determine who gets the oil from the oil reserves? Give it to the trucking industry? Emergency services? The general public? And even if you gave it all away, at the current rate of usage in the U.S., about 21 million barres a day, the entire Strategic Oil Reserves would only last about 34 days. And then, you'd have none for a real crisis. And, to resupply the reserves, you'd have to pay higher prices to resupply so you did have oil reserves in case of a crisis.
So, asking again, why would you want to open the Strategic Oil Reserves now?
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protestnow

Rookie Author
Twin Cities
Posts:2 Points:140 Joined:Apr 2011
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Message Posted: Apr 6, 2011 1:07:45 PM
In regards to my original post. One does not have to over think everything. Picketing gas stations is a simple step that could be taken to draw more attention to the problem. When gas prices got high a couple years ago, the oil reserves were opened, and prices did come down. The president has talked about doing the same thing again in the news.
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catfish99

Champion Author
Wilmington
Posts:13,950 Points:2,493,600 Joined:Sep 2005
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Message Posted: Apr 5, 2011 6:32:23 AM
You know, there were a few nuggets in the rant worth discussing, but the language is an automatic delete. I do agree with him that the strategic reserve is not meant for a price manipulation fund. It is especially dangerous to draw it down when the Middle East is in turmoil. And there really is a lot of using tax dollars for projects "influenced" by politicians, who can steer them to contributors. The rest of the stuff, though, is pretty brain dead.
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scoutmaster

Champion Author
Pittsburgh
Posts:81,177 Points:3,250,695 Joined:Mar 2003
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Message Posted: Apr 5, 2011 5:26:28 AM
That kind of post needs to be reported and it was.
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Gas_Buddy

Champion Author
Maryland
Posts:25,948 Points:3,030,815 Joined:Aug 2004
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Message Posted: Apr 4, 2011 9:07:30 PM
Forget for a moment, Steveo8305, that profanity isn't necessary on this website or in these threads, especially repeated profanity, but we don't buy oil from the Taliban.
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Gas_Buddy

Champion Author
Maryland
Posts:25,948 Points:3,030,815 Joined:Aug 2004
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Message Posted: Apr 4, 2011 3:24:41 PM
I'll hate myself for starting this but what attention is it you want to draw to the what problem?
And why do you want to open the oil reserve? Are you familiar with the oil reserves other than there is reserved oil? Can you explain what you know about the oil reserves that will bring prices down? Can you say why "prices would come down quick" if you opened the oil reserves?
Assuming you're talking about releasing the Strategic Petroleum Reserve, that reserve is for national emergencies and crisis. What you have right now is high prices but you have a large supply of oil; it's not as if you don't have oil available.
However, if you did release the oil reserve, even all 727 million barrels, where would you release it? Who would get it? Do you give that oil (or sell that oil) to the public? To the trucking industry? To the military? To emergency facilities? How do you ration it and to who do you ration it? And, do you realize that, considering that the U.S. consumes 21 million barrels a day, the reserve would be depleted in 34 days. Meaning that if had a real emergency or crisis, a major disruption of the oil supply (which you don't have now), you wouldn't have a reserve to draw from, and if you wanted to resupply the reserve, you would have to pay for a resupply at higher prices.
If you're going to say "release the reserves", make sure you understand what's involved and you let people know you understand the consequences and ramifications of what you're suggestion is.
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scoutmaster

Champion Author
Pittsburgh
Posts:81,177 Points:3,250,695 Joined:Mar 2003
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Message Posted: Apr 4, 2011 2:45:38 PM
The only thing I'm pickin is my ..........................
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