OT - Gas I gasped!

[paul bruesch]

Matthew,

I'm hardly an economist, but I think the way it would actually work is that
the cost of ELECTRICITY would go up, if anything. Look at the seasonal
(driving/flying vacation/holiday time) gas price increases.

Costs (prices, actually) go UP when the producer's ability to produce
product exceeds demand. Since the oil companies are having a harder and
harder time finding dead dinosaurs to exploit, and since they don't want to
"invest" their windfall profits in building more refineries, we have rising
prices at the pump. The reason we're using so much is that we WASTE a lot. A
LOT. (I tried to detail a few simple examples in a previous post on this
thread.)

When/if a significant transition to electrically-powered cars comes about,
gee, what will big oil do? Those poor investors (including some Supreme
Court Justices) won't be able to share their windfall profits. They'll have
to start building, hmmm, oil-fired electricity generating plants.

Paul Bruesch
Stillwater, MN
Driving my Kayak down the River

On Wed, May 14, 2008 at 12:21 PM, Matthew Todd <toddpianoworks at att.net>
wrote:

> Because . . . . the higher prices go, the more go to electric, causing the
> prices to go up even more!
>
>
> *Farrell <mfarrel2 at tampabay.rr.com>* wrote:
>
> How so? Seems to me electric vehicles would reduce the demand for gasoline
> and thus help to lower fuel prices. How would it work otherwise?
>
> Terry Farrell
>
> ----- Original Message -----
> *From:* Matthew Todd <toddpianoworks at att.net>
> *To:* Pianotech List <pianotech at ptg.org>
> *Sent:* Wednesday, May 14, 2008 10:45 AM
> *Subject:* Re: OT - Gas I gasped!
>
> They are helping yes, exactly!
>
> *Farrell <mfarrel2 at tampabay.rr.com>* wrote:
>
> I think we're getting off topic, so I changed the subject line to reflect
> it.
>
> To the best of my knowledge, supply and demand. Are you suggesting electric
> cars are driving up gasoline prices?
>
> Terry Farrell
>
> ----- Original Message -----
> *From:* Matthew Todd <toddpianoworks at att.net>
> *To:* Pianotech List <pianotech at ptg.org>
> *Sent:* Wednesday, May 14, 2008 10:20 AM
> *Subject:* Re: Gas I gasped!
>
> Yeah, and why do we think the gas prices are so high???  Sheesh!
>
> Matthew
>
>
> Check out teslamotors.com.  All electric car....a little pricey now, but
> so were hand held calculators when they came out.
>
> Paul
>
>
>
>
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