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 >> >> >> >> > -------------- next part -------------- An HTML attachment was scrubbed... URL: https://www.moypiano.com/ptg/pianotech.php/attachments/20080514/08f2afba/attachment.html
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