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Tractor Talk Discussion Forum

I heard on the news the other day.

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Bruce Hopf

04-09-2008 10:48:32




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I heard on the news the other day, that the oil companies have said whether or not the price of oil goes up or down, they are going to increase the price of Gas, Diesel Fuel, no matter of grade, clear or coloured, Heating Oil, and other oil products.
Too bad us farmers cant say the same thing when it comes to selling our produce, and our livestock for slaughter. Or the truckers that haul freight name their price. I think it is about time, that the leaders of the world put an end to this price gouging of the oil companies, and set a rate to be charged. Not do what the the oil companies want to charge. Don't you think that is called ext oration and holding the world hostage.
My opinion anyway. Bruce. P.S. Sorry if I have spelling, and other errors in my post

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balatonm

04-10-2008 07:41:22




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 Re: I heard on the news the other day. in reply to Bruce Hopf, 04-09-2008 10:48:32  
The oil companys will do anything if it means that they can make more money.



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greygoat

04-10-2008 07:36:34




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 Re: I heard on the news the other day. in reply to Bruce Hopf, 04-09-2008 10:48:32  
Supposed to have been riots in Indonesia a few days ago, because of a shortage of bread, (flour)
also heard the tail end of someting, on the radio,
about a sililar problem in Haiti.



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E.B. Haymakin'

04-09-2008 17:40:45




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 Re: I heard on the news the other day. in reply to Bruce Hopf, 04-09-2008 10:48:32  
I don"t have any answers, but I have read several articles in local papers (world news) about unrest in Haiti, Argentina, and Egypt about high fool fuel prices. As bad as we have it, I think others do as well. I"m really unhappy with the shape our nation is in right now, and feel this current administration is mostly to blame.



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trucker40

04-09-2008 12:32:42




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 Re: I heard on the news the other day. in reply to Bruce Hopf, 04-09-2008 10:48:32  
I think that while this administration is in place oil companies will run their mouth. Now whats going on over in Iraq makes about as much sense as oil companies running their mouth. The whole world is suffering from it.Its stupidity.
I dont care what oil company propagandists say,they are about finished saying anything.The world will step in and speak for them soon if we dont stand up to them and make them change. The first thing that has to happen is people get up off their knees and fight back.Begging and groveling before these big companies has already resulted in loss across the board. The truckers are the only ones to do anything so far,but when everybody gets with the program and we take our country back,the oil companies will need to be accountable for this.Otherwise we will descend into a place much worse than what we can imagine.You wont be able to live on earth the way the stupid people want to run it.Its not our fault,we have been hijacked by a bunch of crooks that dont care about our country.Its a sham government.They only care about war profits and all they can steal.

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Tradititonal Farmer

04-09-2008 12:19:04




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 Re: I heard on the news the other day. in reply to Bruce Hopf, 04-09-2008 10:48:32  
Compared to the Euro and Gold the price of oil hasn't gone up,its gone up against the US Dollar because we have overindulged on credit as a country and individually for last 30 years and the chickens are coming home to roost, this little increase is small change to what's coming
big time inflation is here.Our 'productivity' the last 20 years has been the so called 'service economy' which means we don't have a real economy.

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Eric SEI

04-09-2008 19:57:30




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 Re: I heard on the news the other day. in reply to Tradititonal Farmer, 04-09-2008 12:19:04  
The Chinese have been keeping their currency very closely aligned with ours, letting it slip just enough for them to claim that they have let it float. This means that they are also paying higher prices for imported oil and raw materials.

The Chinese oil companies are importing Iranian oil at the current high prices, but the CCP is restricting the oil companies from raising prices. The oil companies are producing just enough gas and diesel to keep from being shut down, they are losing money on every gallon they sell. City bus drivers and truck drivers are constantly looking for diesel for sale. Deliveries are late constantly.

This last winter there was a major kerosene shortage, so people had trouble keeping their apartments warm. The price of pork has doubled, in part because of disease and in part because of farmers not being able to afford higher grain prices. The official inflation rate is 3 - 4 %, the real inflation rate is much higher.

Chinese workers are demanding pay raises to keep up with inflation. Strikes for higher pay are happening. The CCP is trying to keep these strikes out of the news, but the foreign press is reporting them.

What all of this means is that price of imported goods is probably going to go up 10 - 20 % this year. By Christmas Walmart will be raising prices left and right, I wonder how they will advertise that.

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Wayne from Wi

04-09-2008 18:55:14




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 Re: I heard on the news the other day. in reply to Tradititonal Farmer, 04-09-2008 12:19:04  
You have it nailed exactly right....



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thurlow

04-09-2008 11:42:33




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 Re: I heard on the news the other day. in reply to Bruce Hopf, 04-09-2008 10:48:32  
What you're suggesting has been tried before; here's just one example.



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thurlow

04-09-2008 11:47:43




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 Re: I heard on the news the other day. in reply to thurlow, 04-09-2008 11:42:33  
Or more specifically..... .



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Old Roy agiin

04-09-2008 11:38:18




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 Re: I heard on the news the other day. in reply to Bruce Hopf, 04-09-2008 10:48:32  
I think it's time to take back our country,and salvage what we can.WE were the richest country until The game of human chess began.Pawning off our work force was not the solution to make this country better for ourselves.--WE should not have to rely on other countries for oil.--WE also know we have a vast amount of oil we are not using including,crude,shale,coal and vegetable.---Wind power for electric isn't out of the question,they can't justify why it will cost so much yet.--When they do, watch the towers grow on the horizon.--I don't know what I can do by myself to change this problem.--As I said in another forum,The oil CEO's say we have oil refinerys down. I say so what!! If I have a tractor broke down, and want to make money, I have to take some of last years profit and fix it.--No brainer!!!

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paul

04-09-2008 11:25:58




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 Re: I heard on the news the other day. in reply to Bruce Hopf, 04-09-2008 10:48:32  
I prefer when people have choices. Not 'govt set limits.'

Right now, it would sound real cool if we had a set limit of $40 a barrel oil.....

But, it doesn't work out. With our lowered dollar, no one would bother selling oil to us, and China would be rising even faster as a world super power. We would be sitting in gas lines.

There _will_ be a limit.

Currently, you can buy all the fuel _you can afford_.

Your way, we will have very stable price of oil, but will be mass shortages all across the country.....

It does sound good on paper.

I know if we were to set a govt imposed price on corn, beans, & wheat..... In 12 months, there would be a lot of hungry people. I couldn't afford to grow $2 corn, $5 soybeans right now, with inputs what they are.

So, govt set prices are not a good deal, even if they 'sound' fair or cool or something we could use.

Pretty much everything with the higher prices - food, fuel, fertilizer, imports - comes back to our weak dollar.

And the cause of that is largely over-inflated housing prices, and greedy people (both buyers & morgage lenders) playing the game of over-lending on over-inflated housing.

It was a shell game, and it broke, and now we all have to pay to clean up the mess. Our high grain prices look cheap to the rest of the world; crude oil isn't all that much higher to the rest of the world. Our sinking dollar is the root cause of the higher prices we see. And it has to sink to re-adjust the housing mess - if the dollar didn't sink, we would have other, worse, problems.

No govt magic will clear it up, just a round of typical recession & inflation & back on track in a decade or so. Some sound govt nudging might make it a little quicker & easier, but we will see if that should happen.

I too would like a stable fuel price, but govt mandates will _not_ make anything stable. They will just shift the problem from high prices, to shortages instead.

--->Paul

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HENRY E NC

04-09-2008 15:00:15




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 Re: I heard on the news the other day. in reply to paul, 04-09-2008 11:25:58  
That may be an NPR fact bbut it is a fact. Put price limits on any commodity and the availablity drops in a hurry. Now if the govt had put price limits on corn or wheat who would want to grow it. Some of the problem is greed on a grand scale. People buying houses they cant afford planning to sell it for a lot mmore in two to three years. everyone iin this country feels that they are now OWED the american dream, not have to work for it. A neighbors son was doing drugs on lunch hour ridinf around in another kids van(both 14 with no drivers license)and was in a very serious crash. Now he get SS disability and doesnt have to work ever as his mother and brother have told us several times. He was brain damaged. We pay. Got to quit, I can't stand to think about it anymore Henry

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rrlund

04-09-2008 11:10:09




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 Re: I heard on the news the other day. in reply to Bruce Hopf, 04-09-2008 10:48:32  
Listening to NPR or what?



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rrlund

04-09-2008 11:10:00




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 Re: I heard on the news the other day. in reply to Bruce Hopf, 04-09-2008 10:48:32  
Listening to NPR or what?



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