OT - Gas I gasped!

[paul bruesch]

Opps, yeah...

On Wed, May 14, 2008 at 5:53 PM, Farrell <mfarrel2 at tampabay.rr.com> wrote:

>  "Costs (prices, actually) go UP when the producer's ability to produce
> product exceeds demand."
>
> Can I assume you meant to say: Prices go up when demand exceeds the
> producer's ability to produce product?
>
> I'm no economist either.
>
> Terry Farrell
>
> ----- Original Message -----
> *From:* paul bruesch <paul at bruesch.net>
> *To:* Pianotech List <pianotech at ptg.org>
> *Sent:* Wednesday, May 14, 2008 1:47 PM
> *Subject:* Re: OT - Gas I gasped!
>
> 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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