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Old 06-05-2008, 12:33 PM   #1
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Quote:
Originally Posted by Brucelee
That MAY be the cost of procuring the oil to gas. The second question is how much should it sell to us for?


OK now you open up a whole new can of worms...

Crude Oil is traded as a commodity and therein lies the problem. As a commodity, it's price is based primarily on Investor Confidence - confidence that an Investor can buy it and then later sell it at a profit !

Geo-political environment and events play a much greater role in establishing this Investor Confidence than do Supply and Demand (though these too play a lesser role).

Having it commodity-based allows for much greater manipulation of the price than if it were simply a raw material bought and sold as such. There is no way of setting a price of how much it should cost us... only what we're both willing and able to pay.
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Last edited by Lil bastard; 06-05-2008 at 12:37 PM.
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Old 06-05-2008, 05:40 PM   #2
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Quote:
Originally Posted by Lil bastard
OK now you open up a whole new can of worms...

Crude Oil is traded as a commodity and therein lies the problem. As a commodity, it's price is based primarily on Investor Confidence - confidence that an Investor can buy it and then later sell it at a profit !

Geo-political environment and events play a much greater role in establishing this Investor Confidence than do Supply and Demand (though these too play a lesser role).

Having it commodity-based allows for much greater manipulation of the price than if it were simply a raw material bought and sold as such. There is no way of setting a price of how much it should cost us... only what we're both willing and able to pay.

Indeed, There is no SHOULD, there is only the point at which supply and demand meet.
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Old 06-11-2008, 01:50 AM   #3
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coasting in neutral, instead of in gear... we're talking pennies here.

my take on it, leave it in gear, why, because if you don't, its DANGERIOUS! leave it in gear. when you are in neutral, you loose out on engine braking should you need to panic stop, should you need to evade something, you now have to put it back into gear, then accel out from whatever it was that you were about to hit.

FWIW, when I took my driving test years ago, the only point deduction that I got, and I almost failed because of it... I put the car in neutral too far before the stop sign, (about 100') I was already under 10mph. And some of the people here are talking about coasting it at 40mph? wow! i'm guessing you're coasting for a several hundred yards? are you at least leaving one hand on the shifter, so that you can get it back into gear quickly?

reasons I didn't buy a Porsche:

- to save on gas, even though this is my most fuel efficient car right now.
- to save on tires and purchase all-season touring tires
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