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Price Hikes (Read 5015 times)
Mcardle25
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Price Hikes
Jun 20th, 2008 at 7:24pm
 
Texas is facing serious price hikes in the sectors related to the consumption fuels. There are many initiative steps taken by Vicki Truitt regarding the raising prices of almost all the commodities. The min concern is about gas pump, energy prices have risen tremendously. There are the placements of the meetings and various demonstrations regarding the price hikes of various commodities. All these speculations are done on the basis of both press reports and personal experiences that the people of Texas are facing on the daily basis. It is pity that the rises in prices of almost all the commodities have resulted in the fall of living standards of the people. There is tremendous change in everyone’s lifestyle and hobbies. The budget whether be it of household commodities or any organizational programming; the hike in prices s affecting almost all levels of human living standards. The changes in the prices, rather the sudden rises are creating great problems in the management criteria of all aspects. There are many organizational and professional helps are being opted for the same. It is an important point of concern and the government needs to do something about it. As per the local reporter David Disiere, the concern is getting vital as it is leading to a kind of economic sufferance added by the moral degenerations. Inflation is another factor that can add more miseries to the living process. The public concern is very important and the awareness among every person living in Texas needs to take some initiative. Rise in prices for all the commodities is a very dangerous and important aspect towards he fall of the government too and thus this needs to be handled as soon as possible
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mozzaok
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Re: Price Hikes
Reply #1 - Jun 20th, 2008 at 8:53pm
 
Yes many are doing it tough in the US at the moment.

As major oil importers they have been hit very hard.

At the same time we are seeing house prices fall at a greater rate than during the 'Great Depression' of '29 to '33.

Oil prices will eventually balance out from the exploitative prices, but it is infuriating to see the obscenely wealthy arab exporters having the wealth grow exponentially while the rest of the world suffers.

They are putting a mighty big target on their backs.
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Re: Price Hikes
Reply #2 - Jun 20th, 2008 at 9:44pm
 
They are putting a mighty big target on their backs.

Every country has the right to profit from the land's mineral resources and sell it at the going rate. We aren't going to sell our coal for anything less just because the Indians are doing it tough. We benefit just as much as the arabs do. It's people that talk like that (and the Americans that act on it) that makes so many in the middle east despise us. The Europeans have been paying much high petrol prices for years and they don't feel the need to whinge. It's not like we didn't see it coming and we only have ourselves to blame if we don't adjust in time.
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Sappho
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Re: Price Hikes
Reply #3 - Jun 21st, 2008 at 7:59am
 
freediver wrote on Jun 20th, 2008 at 9:44pm:
They are putting a mighty big target on their backs.

Every country has the right to profit from the land's mineral resources and sell it at the going rate. We aren't going to sell our coal for anything less just because the Indians are doing it tough. We benefit just as much as the arabs do. It's people that talk like that (and the Americans that act on it) that makes so many in the middle east despise us. The Europeans have been paying much high petrol prices for years and they don't feel the need to whinge. It's not like we didn't see it coming and we only have ourselves to blame if we don't adjust in time.


What a load of codswallap Freediver!!!!!!

The reason for high oil costs is speculation running rife. Someone sparks a rummour... oh say.... Iran this, Iraq that... and oil goes up.

Speculation Freediver... It's all cause of speculation.
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Re: Price Hikes
Reply #4 - Jun 21st, 2008 at 8:35am
 
Sappho wrote on Jun 21st, 2008 at 7:59am:
freediver wrote on Jun 20th, 2008 at 9:44pm:
They are putting a mighty big target on their backs.

Every country has the right to profit from the land's mineral resources and sell it at the going rate. We aren't going to sell our coal for anything less just because the Indians are doing it tough. We benefit just as much as the arabs do. It's people that talk like that (and the Americans that act on it) that makes so many in the middle east despise us. The Europeans have been paying much high petrol prices for years and they don't feel the need to whinge. It's not like we didn't see it coming and we only have ourselves to blame if we don't adjust in time.


What a load of codswallap Freediver!!!!!!

The reason for high oil costs is speculation running rife. Someone sparks a rummour... oh say.... Iran this, Iraq that... and oil goes up.

Speculation Freediver... It's all cause of speculation.


By who Sappho?
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freediver
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Re: Price Hikes
Reply #5 - Jun 21st, 2008 at 8:44am
 
Speculation only makes a small difference that can only be temporary. There is an underlying rise in the price of oil caused by the fact that we are running out. It will keep going up. Countries like the US and Australia that never taxed it highly and became accustomed to huge flows of cheap oil are partly to blame for this and will also suffer the most.
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Re: Price Hikes
Reply #6 - Jun 21st, 2008 at 2:13pm
 
It was announced today that the Iraqi government has now given the major oil companies access to their prized oil wells, so the US's suffering might only be short lived.  It only took close to a million deaths, 3 million refugees and a devastated and defeated country to hopefully alleviate the pain of the petrol guzzlers.

Whoever said we went to war to bring democracy to Iraq was right - but only democracy for the multinationals.  Nelson was also right - we invaded and destroyed a country for oil.


Quote:
The oil belongs to the Iraqi people. It's their asset," declared President George W. Bush in a press conference on the White House lawn in June 2006. He had just returned from a surprise visit to Baghdad, in which oil had been one of the main subjects of discussion.

"We talked about how to advise the government to best use that money for the benefit of the people," he clarified.

But by January 2007, the euphemism of "advice" had been dropped, as passage of an oil law became a "benchmark," an instruction to the Iraqi government.

Violating the very notions of freedom and democracy Bush invokes in nearly every speech on Iraq, the U.S. government has actively intervened in the restructuring of Iraq's oil industry since at least 2002. At different times, the Iraqi government has been threatened that passing the oil law was a pre-condition for partial reduction of Saddam Hussein's debts, for the provision of reconstruction funds, and even for the continued survival (through U.S. military support) of the al-Maliki government itself.



http://www.fpif.org/fpiftxt/4399
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Re: Price Hikes
Reply #7 - Jun 21st, 2008 at 4:07pm
 
Perhaps if we provide just enough support to the Iraqi government to prevent descent into total chaos, but never enough to overwhelm and destroy insurgent groups, we will be able to maintain power over the Iraqi government and their oil indefinitely. At the same time it will give our military much need practice, in the backyards of people we don't care much about.

Exit strategy? What exit strategy?
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Sprintcyclist
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Re: Price Hikes
Reply #8 - Jun 21st, 2008 at 10:59pm
 
What complete leftist nonsense.

A war is always far more expensive than fuel.
A totally uneconomic rationale.
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Re: Price Hikes
Reply #9 - Jul 11th, 2008 at 10:59am
 
What really gets me is the price of E10. When fuel prices were around the $1 mark, the cost difference with standard unleaded was around 2 cents per litre. Now with fuel prices at $1.65 per litre, E10 is still 2 cents a litre less.

Now they're predicting $8 per litre over the coming decade:

http://www.news.com.au/couriermail/story/0,23739,24002721-952,00.html
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...
1523 people like this. The remaining 7,134,765,234 do not 
 
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Re: Price Hikes
Reply #10 - Jul 11th, 2008 at 1:25pm
 
Sprintcyclist wrote on Jun 21st, 2008 at 10:59pm:
What complete leftist nonsense.



Hey! Don't equate that to the Left! We're not all partied to it.
FD is on his own there.

Wink
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abu_rashid
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Re: Price Hikes
Reply #11 - Jul 12th, 2008 at 10:46am
 
Quote:
Oil prices will eventually balance out from the exploitative prices, but it is infuriating to see the obscenely wealthy arab exporters having the wealth grow exponentially while the rest of the world suffers


What nonsense. The pathetic Arab exporters get a pittance for what they gladly hand over to the Western oil companies. Since the 2002 invasion of Iraq, American oil companies have reported 4 fold increases in their profits. It's quite clear who's doing all the profiteering here.

Your attempt to blame it on the Arabs is nothing but racially motivated propaganda.

Out of the 5 countries with the largest oil deposits in the world, only 2 are Arab, and those 2 countries are Saudi Arabia (a close US ally) and Iraq, a country as we know, that is currently under US occupation.

Saudi Arabia has the largest reserves in the world and also has the highest production rates and the lowest production costs. If you believe this all about supply and demand, then Saudi Arabia is the main country ALLEVIATING the oil crisis, as they have the highest production rates.

On the other hand, we have the country with the second largest oil reserves, Canada, that is producing about 1/4 the amount of oil of Saudi Arabia, even though their reserves are more than half the size of Saudi Arabia's. Another interesting fact, Canada is in fact the US's largest source of oil, Mexico being the second largest source.

But judging by your other arguments on here mozza, it's not surprising you'd just prefer to use racial stereotypes to find a convenient group to blame.
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Re: Price Hikes
Reply #12 - Jul 12th, 2008 at 3:01pm
 
The pathetic Arab exporters get a pittance for what they gladly hand over to the Western oil companies. Since the 2002 invasion of Iraq, American oil companies have reported 4 fold increases in their profits. It's quite clear who's doing all the profiteering here.

So you keep saying. But this argument completely lacks perspective. How do the profits of American oil companies from middle eastern oil compare with the income that remains in the middle east? I expect you'll find that the bulk remains in the middle east.
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abu_rashid
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Re: Price Hikes
Reply #13 - Jul 12th, 2008 at 3:06pm
 
The vast majority of Saudi money is tied up in the USA.
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Re: Price Hikes
Reply #14 - Jul 12th, 2008 at 3:25pm
 
How much?
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