The price of gas

You should see the OSHA crap we run through. Our friggin' insurance company
got our accident rate down to a fourth what it was when OSHA was running it
all (and it was still rising).


There is nothing OSHA does that your business insurance underwriter cannot do
better and cheaper.

Likewise, there is nothing that the EPA does that could not be done better
through strict liability for damages to the property of others enforced through
the courts.

--
Wm. Donald (Don) Tabor Jr., DDS
PP-ASEL
Chesapeake, VA - CPK, PVG

"Tom Sixkiller" wrote in message
...

If refining is so incredibly expensive here then why isn't the refining
being done where it is cheaper and the final product shipped here for
consumption?

Probably because it's easdier/safer to transport crude than gasoline.

LNG is routinely transported. And I don't see and refineries around here,
all gasoline is shipped in.


The logical conclusion is that refining here, with all the regulations,
is
still economically favorable as compared to refining elsewhere.

And that's not even the point. (Try staying on the topic...or
understanding
it to begin with).


So what is the "point?" That you want to gripe that life is tough and you
should be free to do exactly as you please no matter how it affects others,
no matter what the economics are? The subject is titled "The price of gas"
so if not economics then what are we talking about?

This all boils down to economics. THAT is what the most important
consideration is. Short term pain (in the form of supply/demand imbalances)
result in longer term changes which tend to correct the short term problems,
but only when the economics favor the changes. At some price point it will
be favorable to either deal with this government's licensing and build
capacity here or to adjust the distribution and ship from refineries in
other countries. Or does simple economics break down when dealing with oil?

At some price point it will
be favorable to either deal with this government's licensing and build
capacity here or to adjust the distribution and ship from refineries in
other countries. Or does simple economics break down when dealing with oil?

But that price point wil be lower if the government simply gets out of the way
and lets the market do it's thing, leaving us more money to spend on avionics
or hookers or dentistry or whatever other item we would PREFER to spend our
money to obtain.

--
Wm. Donald (Don) Tabor Jr., DDS
PP-ASEL
Chesapeake, VA - CPK, PVG

Jay Honeck wrote:

You can extend that statement to EVERYTHING nowadays.

You should see the cost of all the various EPA reports just for our airport
to extend a friggin' runway by a 1000 feet. It's incredible.

But you don't have competitors that don't have to deal with the EPA. American oil
companies do.

George Patterson
I childproofed my house, but they *still* get in.

Tom Sixkiller wrote:

"Jay Honeck" wrote in message
news:Ra1sc.10707$af3.571010@attbi_s51...
When it is profitable enough then more refining capacity will be built.
On
the production side, the market is telling you that it is not very
attractive to drill at recent prices.

I was under the impression that restrictive EPA regulations had
essentially
halted new refinery construction?

And any NEW drilling.

And any existing well that ceases to produce has to be permanently capped. When OPEC
drops the price down, an expensive well must either run at a loss or close
permanently.

George Patterson
I childproofed my house, but they *still* get in.

Cub Driver wrote:

How measured?

Productivity is measured by the factors that measure productivity.
Basically, you divide Gross National Product by hours worked, adjust
for inflation, etc etc.

That used to be the method back when the U.S. was primarily blue collar and work
hours were a good measurement. In the "professional" area, productivity is measured
by dividing GNP by people employed. In the telecom field, "productivity" went up a
great deal just by firing a bunch of people and changing over to a 70 to 90 hour work
week for the rest. Actual productivity per employee-hour went down.

George Patterson
I childproofed my house, but they *still* get in.

"Tom Sixkiller" writes:

Jay, as I recall, you haven't traveled outside of the country. Too
bad, 'cause then you could see the cost of living without something
like the EPA or other agencies.

False alternative.

How so?

With all their problems, the government alphabet agencies have made
this a better place to live. Have they done so in a perfectly
efficient manner? No.

And the Holocaust and the Stalin Purges were just frat pranks that got out
of hand.

??Hello, are we discussing the same subject? Regulation?

You should read more.

Reading is good. I read a lot. But there's no substitute for direct,
first-hand knowledge.

Maybe
we've got a somewhat balanced approach here.

It's not balanced at all. What's more, total stupidity in other countries
doesn't excuse blatant stupidity (or corruption) here.

It's somewhat balanced. You seem to have extreme views so I can see
how anything more than anarchy would disappoint you.

"Tom Sixkiller" writes:

The cost of the initial PAPERWORK runs into $$$BBBBILLIONS, much less the
actual construction.

Wow! Imagine all the paper! Why, I'll bet it reaches from here to my
front door!

Imagine, Tom, if you could post something other than myths from talk
radio...

ackatyu (Wdtabor) writes:

But that price point wil be lower if the government simply gets out of the way
and lets the market do it's thing, leaving us more money to spend on avionics
or hookers or dentistry or whatever other item we would PREFER to spend our
money to obtain.

Yes. We need more Enrons to let us have more money.

BTW, very free markets were tried around 100+ years ago; and from that
unpleasant experience came Teddy Roosevelt, anti-trust laws,
meat-packing plant inspections, and on and on.

That goes without saying. But right now we have either the "tax and spend"
Democrats or the "spend and borrow" Republicans and guess who gets to pay
either way?


"Wdtabor" wrote in message
...
At some price point it will
be favorable to either deal with this government's licensing and build
capacity here or to adjust the distribution and ship from refineries in
other countries. Or does simple economics break down when dealing with
oil?

But that price point wil be lower if the government simply gets out of the
way
and lets the market do it's thing, leaving us more money to spend on
avionics
or hookers or dentistry or whatever other item we would PREFER to spend
our
money to obtain.

--
Wm. Donald (Don) Tabor Jr., DDS
PP-ASEL
Chesapeake, VA - CPK, PVG