OT - Gas I gasped!

[Matthew Todd]

Hey Paul,
   
  You may e-mail me privately if you wish, as this is not a topic for this list.  With that said, I want to thank you again for your opinion, as we are both entitled to it.
   
  Matthew

paul bruesch <paul at bruesch.net> wrote:
  Matthew,
Are you able to present evidence to support your hypothesis of rising oil prices resulting from lowered oil consumption, or to dispute my observations? My statements reflect my observations of the obvious, not just opinion.
Paul

  On Wed, May 14, 2008 at 1:34 PM, Matthew Todd <toddpianoworks at att.net> wrote:
  Thanks for your opinion.  I won't hold it against you :-).    
  

paul bruesch <paul at bruesch.net> wrote:   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 
  To: Pianotech List 
  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 
  To: Pianotech List 
  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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