Comments on: Running on Empty http://nationaltransportllc.com/blog/running-on-empty/ Shipping All Vehicles Statewide, Nationwide, Worldwide Fri, 05 Mar 2010 22:09:37 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Fred http://nationaltransportllc.com/blog/running-on-empty/comment-page-1/#comment-87 Fred Wed, 30 Apr 2008 06:30:53 +0000 http://nationaltransportllc.com/blog/running-on-empty/#comment-87 "The countries that produce crude oil are experiencing supply problems due to refineries being shut down for maintenance as well as those refineries that are still recovering from weather-related incidents beyond their control." This would lead to an increase in the supply of crude oil and a decrease in the supply of gasoline....so the price of crude would go down but the price of gas would go up and that has not been the case. "We all know the astronomical profits raked in by the oil companies lately while those at the mercy of ‘big oil’ fold up due to over-head they cannot compensate for. Do you honestly think the oil companies are feeling sorry for what is happening" The oil companies don't set the price of the oil, the futures traders do. Do you honestly expect the oil company to say to the consumer, " You are willing to pay $120 per barrel but for the good of everyone else I am only going to collect $30." How long will that company be in business? And because they won't do that they are called greedy. Did you call them benevolent when the price was $20 a barrel a few years ago? I hardly think so. “The countries that produce crude oil are experiencing supply problems due to refineries being shut down for maintenance as well as those refineries that are still recovering from weather-related incidents beyond their control.”

This would lead to an increase in the supply of crude oil and a decrease in the supply of gasoline….so the price of crude would go down but the price of gas would go up and that has not been the case.

“We all know the astronomical profits raked in by the oil companies lately while those at the mercy of ‘big oil’ fold up due to over-head they cannot compensate for. Do you honestly think the oil companies are feeling sorry for what is happening”

The oil companies don’t set the price of the oil, the futures traders do. Do you honestly expect the oil company to say to the consumer, ” You are willing to pay $120 per barrel but for the good of everyone else I am only going to collect $30.” How long will that company be in business? And because they won’t do that they are called greedy. Did you call them benevolent when the price was $20 a barrel a few years ago? I hardly think so.

]]> By: K Jantz http://nationaltransportllc.com/blog/running-on-empty/comment-page-1/#comment-84 K Jantz Thu, 24 Apr 2008 12:49:45 +0000 http://nationaltransportllc.com/blog/running-on-empty/#comment-84 I can't quite buy into the 'peak oil' explanation. I think it is more of a 'peak profit', The ONLY people who are not being hurt by oil prices right now are the oil companies themselves, and wall street. If I had a well pumping up and down in my back yard or had enough cash left over after filling the tank to invest in crude futures, maybe all this would be easier to swallow I can’t quite buy into the ‘peak oil’ explanation. I think it is more of a ‘peak profit’, The ONLY people who are not being hurt by oil prices right now are the oil companies themselves, and wall street. If I had a well pumping up and down in my back yard or had enough cash left over after filling the tank to invest in crude futures, maybe all this would be easier to swallow

]]> By: Kevin J http://nationaltransportllc.com/blog/running-on-empty/comment-page-1/#comment-80 Kevin J Wed, 23 Apr 2008 15:09:20 +0000 http://nationaltransportllc.com/blog/running-on-empty/#comment-80 The bottom line is the cost of crude for the average American in this country today is slowly, gradually eating us alive, as individuals, as families, and as business owners. If it continues, and it will, there will be nothing left but a vast wasteland of what was once a profitable economic outlook for all. Left in the rubble is of course 'big oil' with nary a scratch, looming over us. Bigger and more profitable than ever at the sake of the oil-thirsty public. Sound crazy? We all know the astronomical profits raked in by the oil companies lately while those at the mercy of 'big oil' fold up due to over-head they cannot compensate for. Do you honestly think the oil companies are feeling sorry for what is happening to the economy brought on by operating costs nobody could have predicted or planned for. No, that is not a tear of sorrow in the eye of oil companies this day, it is a tear of glee and of greed. The bottom line is the cost of crude for the average American in this country today is slowly, gradually eating us alive, as individuals, as families, and as business owners. If it continues, and it will, there will be nothing left but a vast wasteland of what was once a profitable economic outlook for all. Left in the rubble is of course ‘big oil’ with nary a scratch, looming over us. Bigger and more profitable than ever at the sake of the oil-thirsty public. Sound crazy? We all know the astronomical profits raked in by the oil companies lately while those at the mercy of ‘big oil’ fold up due to over-head they cannot compensate for. Do you honestly think the oil companies are feeling sorry for what is happening to the economy brought on by operating costs nobody could have predicted or planned for. No, that is not a tear of sorrow in the eye of oil companies this day, it is a tear of glee and of greed.

]]> By: Kevin J http://nationaltransportllc.com/blog/running-on-empty/comment-page-1/#comment-79 Kevin J Wed, 23 Apr 2008 14:39:21 +0000 http://nationaltransportllc.com/blog/running-on-empty/#comment-79 I don't place as much faith in the 'peak oil' theory as others. Crude has become a very profitable commodity for some in recent years. Is it being brought on by peak oil, or is peak oil the means to which some disguise their greed. I don’t place as much faith in the ‘peak oil’ theory as others. Crude has become a very profitable commodity for some in recent years. Is it being brought on by peak oil, or is peak oil the means to which some disguise their greed.

]]> By: Ryan http://nationaltransportllc.com/blog/running-on-empty/comment-page-1/#comment-53 Ryan Mon, 07 Apr 2008 17:06:54 +0000 http://nationaltransportllc.com/blog/running-on-empty/#comment-53 Look, i don't know how many times people can wonder about what is going on with the oil prices. Its called "PEAK OIL" Google it and do some research if you don't know. The worldwide production of oil (supply) has peaked, with even heads of shell, and other majors saying that worldwide production will never get above 100 million barrels a day (lucky if it gets even close to that in my opinion). Demand is continuing to rise reguardless, so in this market you will continue to see escalating prices until people are FORCED out of the market (demand). It's economics 101. Get ready for $200 a barrel oil and beyond in next few years. Look, i don’t know how many times people can wonder about what is going on with the oil prices. Its called “PEAK OIL” Google it and do some research if you don’t know. The worldwide production of oil (supply) has peaked, with even heads of shell, and other majors saying that worldwide production will never get above 100 million barrels a day (lucky if it gets even close to that in my opinion). Demand is continuing to rise reguardless, so in this market you will continue to see escalating prices until people are FORCED out of the market (demand). It’s economics 101. Get ready for $200 a barrel oil and beyond in next few years.

]]> By: Running on E | bluboxlive.com http://nationaltransportllc.com/blog/running-on-empty/comment-page-1/#comment-51 Running on E | bluboxlive.com Wed, 02 Apr 2008 16:18:26 +0000 http://nationaltransportllc.com/blog/running-on-empty/#comment-51 [...] you’re like most other drivers these days, then there’s a good chance that your running on empty when you get behind the wheel.  Everyone is trying to stretch their gas tanks as far as they [...] [...] you’re like most other drivers these days, then there’s a good chance that your running on empty when you get behind the wheel.  Everyone is trying to stretch their gas tanks as far as they [...]

]]>