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Tractor Talk Discussion Board

Re: Fuel prices and ignorance


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Posted by Jerry/MT on March 01, 2008 at 21:31:08 from (206.183.116.129):

In Reply to: Fuel prices and ignorance posted by jdemaris on March 01, 2008 at 17:20:41:

I usually do get involved in OT"s like this, but jdemaris has provided a cold hard look at what costs are involved in current gas prices. In my opinion, we, as a nation, have to realize who the real enemy is. It isn"t the energy providers IT"S US, the energy users! If you don"t like to pay $3.339/gallon, don"t buy it! We keep buying gas and using our vehicles in the face of rising energy prices not brought about by greed but by the world"s insatiable appetite for petroleum products. (If these numbers are correct, $0.09 /$3.339 is like 2.7% profit on sales. Hardly greed, in my opinion.) It"s just that simple. We try to get around our own wasteful use of energy by blaming Big Oil, but without demand, Big Oil would go broke.

Some of you guys farm. When the price of wheat hit $13.50 a bushel last year, did you think that the wheat growers were being greedy to sell at those prices. Just like oil, the wheat price was demand driven. We are all ( or probably most of us are) big supporters of the free enterise system that lets market forces (supply and demand) set the price of commodities, yet here we are complaining that our ox is getting gored because we don"t like the price that our (the royal our!) demand is setting! Well folks, you can"t have it both ways.
Thanks jdemaris for trying to inject some rational thought into what always turns out to be an emmotional issue.
I will now get off my soap box.


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