03-03-2003, 06:43 AM
All mods already know my plans for vacation by now, set for an Island trip next month.
Now as for your coment about Texas and oil! you will have a suprize if you did not know that 87% of all wells in Texas and Oaklahoma are caped! The price of domestic oil is caused by the feds imposed tax! The funds from said tax is used to pay well owners to keep them shut down.
Also you might get another suprize to learn that 30% of our imported oil is beeing pumped in to depleated wells! The cost of that oil is recovered by raising prices at the pumps.
Now that you have this information think about this:
1. We used up some wells back in the 50's and 60's.
2. In the 70's the goverment steped in and said we need to keep our reserves in case of depleation of imported supplys.
3. The answer was to pay well owners not to pump their wells.
4. To increese our supply the oil companys started pumping imported oil back into empty wells that they got tax money to not pump the oil out of.
5. With the increased reserves the limit of oil alowed to be pumped was increesed. So the oil companys now make mony from pumping domestic oil (or is it?).
Now think of this too!:
1. We payed at the pumps for all imported oil including the oil pumped in the grown.
2. We or our children will pay for it again when it is pumped back out of the grown in the future!
Sorry about my rambling over this but Lonehunter you hit a nerve that has agrivated me for years.
Glad you did thoe. As I said this is a big thorn with me! It needs to be told!
Now you know why our pump prices have gone up so much in the last 30 years. We get the privlage of paying twice for the same oil!
The current gas price in California is around $2.00 per gal.
30 years ago there wher gas wars in California. The pump price was lowered to gain customers. Durring this time I lived in San Jose. I also bought gas for my lawn mower for $0.16 per gal. The normal price was around $0.39 per gal.
This included the road use and other State taxes at that time. OK I here you I will shutup on this now.
.
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Now as for your coment about Texas and oil! you will have a suprize if you did not know that 87% of all wells in Texas and Oaklahoma are caped! The price of domestic oil is caused by the feds imposed tax! The funds from said tax is used to pay well owners to keep them shut down.
Also you might get another suprize to learn that 30% of our imported oil is beeing pumped in to depleated wells! The cost of that oil is recovered by raising prices at the pumps.
Now that you have this information think about this:
1. We used up some wells back in the 50's and 60's.
2. In the 70's the goverment steped in and said we need to keep our reserves in case of depleation of imported supplys.
3. The answer was to pay well owners not to pump their wells.
4. To increese our supply the oil companys started pumping imported oil back into empty wells that they got tax money to not pump the oil out of.
5. With the increased reserves the limit of oil alowed to be pumped was increesed. So the oil companys now make mony from pumping domestic oil (or is it?).
Now think of this too!:
1. We payed at the pumps for all imported oil including the oil pumped in the grown.
2. We or our children will pay for it again when it is pumped back out of the grown in the future!
Sorry about my rambling over this but Lonehunter you hit a nerve that has agrivated me for years.
Glad you did thoe. As I said this is a big thorn with me! It needs to be told!
Now you know why our pump prices have gone up so much in the last 30 years. We get the privlage of paying twice for the same oil!
The current gas price in California is around $2.00 per gal.
30 years ago there wher gas wars in California. The pump price was lowered to gain customers. Durring this time I lived in San Jose. I also bought gas for my lawn mower for $0.16 per gal. The normal price was around $0.39 per gal.
This included the road use and other State taxes at that time. OK I here you I will shutup on this now.
.
[signature]