Lewis Osborn wrote:
>
> Tuesday, July 27, 1999, 10:45:36 PM, Gene wrote:
>
> > Lewis Osborn wrote:
> <snip>
> >> Well, here's a different perspective. I still think that gasoline has
>gone up
> >> less in the past 75 years than most anything else you can find, (except, of
> >> course, computers, etc) but gouging is gouging. If I worked at an oil
> >> facility these days, I'd be looking over my shoulder. After decades with
> >> virtually no losses, the industry is losing one every couple of weeks -
>and,
> >> each time they loose one, the price at the pump pops at least a nickel.
>The
> >> only times that the price at the pumps has gone up in the past forty years
>has
> >> been due to various crisis - mostly created and/or unsubstantiated.
> <snip>
> > What do you mean by "losing one every couple of weeks"? Losing one of
> > what? What is an oil facility? Yeah, I work in the oil industry, and
>
> I don't have the details at my fingertips, but from memory: Two refinery
> explosions in California (the Bay Area?) just before the first recent hike in
> prices. Then, just as prices started back down, a pipeline in northern
> Washington State had a spill and a fire, killing a couple of bystanders, I
> believe, and prices went up again. They eased off again, and, from bits and
> pieces I caught on the news, some other refinery had a problem of some sort,
> and the prices are up again. I'm not making accusations, I'm recounting
> recent events.
>
> > yeah, I'm looking over my shoulder, but who isnt these days. I'm not
> > going to defend the industry too much one way or another, at least not
> > right now, but from what I understand, they can get close to one barrel
> > of gas from one barrel of crude. But the equipment it takes to do it
>
> I don't pretend to know much about oil refining, but the kerosene, diesel, and
> other "stuff" have to come from somewhere in that barrel.
>
> > costs money to buy and operate. Yeah, oil companys make alot of money,
> > so do car companys, construction companys, etc. Can you still buy a car
> > or house for the same price you could 10 years ago?
>
> No, and, if you look at my post again, you'll see that I stated that, IMO, the
> price of gasoline has risen less in the last 75 years than most other things,
> but, due to the methods used to justify the price increases, I have to wonder
> if the increases were justified by increasing production costs. It _could_ be
> like Bill Gates limiting the supply of Windows, then raising the price on that
> limited supply.
>
> > I have a hard time believing in any industry contrived or created
> > crisises, the guys I've seen that run these outfits cant get along well
> > enough to do things that are sure to benefit the industry, let alone
> > secretly conspire to raise the prices. What happened all those times
> > the price was so low, that a conspiracy too? 1-1-99 gas was $0.95 in
> > WY. Now it is around $1.25. We pay about $0.30 in taxes. Fairly low
> > compared to other states, but still!
>
> "Conspiracy" being a Politicaly Incorrect term these days, I'd refer to it as
> antitrust and price fixing. The guys at the top of the various companies
> don't get along? Don't kid yourself. They may even serve on each others'
> boards, and they are certainly friendly with each other. Company loyalty to
> them is just part of their sales strategy. While the "worker bees" have true
> company loyalty, the execs with the 6- and 7-figure and up incomes
> can work for one company this month and another company next month, taking
> their golden parachute with them each and every time. (This is true of ALL
> industries. For instance, when AT&T's Robert Allen decided to step down, he
> found a guy named John Walters, brought him on board, and started grooming
> him. 9 months later, Bob decided that John wasn't AT&T CEO material, and sent
> him down the road - with TWENTY-SEVEN MILLION DOLLARS of the stockholders'
> money.) Look around and you can find other examples for yourself.
>
> > Sorry, I know this aint ole truck related, but I had to say something!
>
> Don'cher truck run on gas? And don't ya need that paycheck to keep it on the
> road? :-)
>
> > Gene Davis
> > '58 GMC 100
> > NAPCO
>
> Lewis - K7LVO - Medford - Valley of the Rogue - OR
> The Forty - 1940 Chevy Pickup - One Owner
> http://www.teleport.com/~losborn/1940.html
>
> oletrucks is devoted to Chevy and GM trucks built between 1941 and 1959
Taking this off list, I dont think it applies to ole trucks. Willping
you privately. GD
oletrucks is devoted to Chevy and GM trucks built between 1941 and 1959
|