US Oil Problems.

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QAIX > ColdFusion > US Oil Problems. 11 April 2006 06:18:30

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US Oil Problems.
Michael Tangorre 11 April 2006 06:18:30
	There are a lot of folks who can't understand how we came to have an oil shortage here in America. Well, there's a very simple answer......Nobody bothered to check the oil! We just didn't know we were getting low. The reason for that is purely geographical: All our oil is in Alaska, Texas, California, and Oklahoma and All our dipsticks are in Washington, DC. Mike ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~\| Purchase from House of Fusion, a Macromedia Authorized Affiliate and support the CF community. http://www.houseoffusion.com/banners/view.cfm?bannerid=37 Message: http://www.houseoffusion.com/lists.cfm/link=i:5:115236 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=13124.11887.5
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Doug White 8 June 2004 18:46:27 [ permanent link ]
	Pardon the top post; The Alaskan Oil is being sold mainly to Japan. The Texas Oil is mainly capped off due to regulations. The California oil is blocked by the greens (environmentalists) Oklahoma cannot supply the rest of the nation There has been no new oil refineries built in the US in twenty years, therefore we could not refine enough crude to supply the US even if there was plenty of crude to go around. Over half of the price you pay for fuel is taxes Oh, and there is plenty of oil in Mexico who would like to sell to the US, but the US has always refused to pay them market price. The same applies to their natural gas, so they just burn that off. Argentina has plenty of oil, but political turmoil has its production pretty well turned off. Lastly, if we solved all the above problems, then how would Bush % Co. take care of their Saudi Buddies? Most of us know that we need to get new dipsticks in DC. There are a lot of folks who can't understand how we came to have an oil shortage here in America. Well, there's a very simple answer......Nobody bothered to check the oil! We just didn't know we were getting low. The reason for that is purely geographical: All our oil is in Alaska, Texas, California, and Oklahoma and All our dipsticks are in Washington, DC. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~\| Purchase from House of Fusion, a Macromedia Authorized Affiliate and support the CF community. http://www.houseoffusion.com/banners/view.cfm?bannerid=37 Message: http://www.houseoffusion.com/lists.cfm/link=i:5:115242 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=13124.11887.5
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Maureen 8 June 2004 18:52:47 [ permanent link ]
	Doug, While I'm sure your post was at least partly in jest, just want to make a few comments. The Iraq oil fields have stopped pumping because the storage facilities are full. The oil companies are waiting for the price to go up even more before they put the Iraq oil back on the market. The average profit for oil companies is up 24% over the same period 2 years ago. The highest state gasoline tax is California, where the combined state and federal tax is 50.4 percent. That is nowhere near half the cost of gasoline. The oil industry has proven itself irresponsible in preserving the environment. Does Exxon Valdez ring any bells? Environmentalists are being scapegoated for energy problems that have nothing to do with environmental protection. Neocons are blaming the failure to drill in the Arctic Wilderness for current gas prices. The Arctic Refuge only holds a six-month supply of oil that wouldn't be available for at least ten years. No new refineries have been built in the US because the oil industry chose to build elsewhere, just like all the other industries that have moved overseas. Cheap labor, no unions and they can rape the natural resources without consequences. (see: Shell Oil/Nigeria) I don't give a rodent's behind about taking care of Shrub and his oil buddies. Maureen "To announce that there must be no criticism of the president, or that we are to stand by the president right or wrong, is not only unpatriotic and servile, but is morally treasonable to the American public." - Theodore Roosevelt (1918) At 11:46 AM 6/8/04, you wrote:>Pardon the top post;> The Alaskan Oil is being sold mainly to Japan.>The Texas Oil is mainly capped off due to regulations.>The California oil is blocked by the greens (environmentalists)>Oklahoma cannot supply the rest of the nation>There has been no new oil refineries built in the US in twenty years, >therefore>we could not refine enough crude to supply the US even if there was plenty of>crude to go around.>Over half of the price you pay for fuel is taxes>Oh, and there is plenty of oil in Mexico who would like to sell to the US, but>the US has always refused to pay them market price. The same applies to their>natural gas, so they just burn that off.>Argentina has plenty of oil, but political turmoil has its production pretty>well turned off.>Lastly, if we solved all the above problems, then how would Bush % Co. >take care>of their Saudi Buddies?>Most of us know that we need to get new dipsticks in DC.> There are a lot of folks who can't understand how we came to have an oil> shortage here in America. Well, there's a very simple answer......Nobody> bothered to check the oil! We just didn't know we were getting low. The> reason for that is purely geographical:> All our oil is in Alaska, Texas, California, and Oklahoma and All our> dipsticks are in Washington, DC.> ---------->[<http://www.houseoffusion.com/lists.cfm/link=t:5>Todays Threads] >[<http://www.houseoffusion.com/lists.cfm/link=i:5:115242>This Message] >[<http://www.houseoffusion.com/lists.cfm/link=s:5>Subscription] >[<http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=1523.1443.5>Fast >Unsubscribe] [<http://www.houseoffusion.com/signin/>User Settings]> ----------><http://www.houseoffusion.com/banners/view.cfm?bannerid=37>1126c5b.jpg ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~\| Purchase from House of Fusion, a Macromedia Authorized Affiliate and support the CF community. http://www.houseoffusion.com/banners/view.cfm?bannerid=34 Message: http://www.houseoffusion.com/lists.cfm/link=i:5:115252 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=13124.11887.5
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Ken Ketsdever 8 June 2004 19:02:49 [ permanent link ]
	I filled up the truck this morning, $68 at $2.25 a gallon. While I was filling up I noticed the tax rates on gas. In Sacramento California I am paying 18 cents a gallon state tax and 18.6 cents a gallon that only adds up to about 16% of the $2.25 a gallon I paid for gas. So I am not sure where you get your statement "Over half of the price you pay for fuel is taxes". Even if I add in sales tax that would only be another 15 cents or so. -----Original Message----- From: Doug White [mailto:doug@clickdoug.com] Sent: Tuesday, June 08, 2004 8:46 AM To: CF-Community Subject: Re: US Oil Problems. Pardon the top post; The Alaskan Oil is being sold mainly to Japan. The Texas Oil is mainly capped off due to regulations. The California oil is blocked by the greens (environmentalists) Oklahoma cannot supply the rest of the nation There has been no new oil refineries built in the US in twenty years, therefore we could not refine enough crude to supply the US even if there was plenty of crude to go around. Over half of the price you pay for fuel is taxes Oh, and there is plenty of oil in Mexico who would like to sell to the US, but the US has always refused to pay them market price. The same applies to their natural gas, so they just burn that off. Argentina has plenty of oil, but political turmoil has its production pretty well turned off. Lastly, if we solved all the above problems, then how would Bush % Co. take care of their Saudi Buddies? Most of us know that we need to get new dipsticks in DC. There are a lot of folks who can't understand how we came to have an oil shortage here in America. Well, there's a very simple answer......Nobody bothered to check the oil! We just didn't know we were getting low. The reason for that is purely geographical: All our oil is in Alaska, Texas, California, and Oklahoma and All our dipsticks are in Washington, DC. _____ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~\| Purchase from House of Fusion, a Macromedia Authorized Affiliate and support the CF community. http://www.houseoffusion.com/banners/view.cfm?bannerid=37 Message: http://www.houseoffusion.com/lists.cfm/link=i:5:115250 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=13124.11887.5
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Doug White 8 June 2004 19:39:53 [ permanent link ]
	You are seeing only the end-user taxes. There are wellhead taxes, and taxes on the products, importers, and refiners as well. http://www.petrodril.com/tptc1999.htm http://www.taxadmin.org/fta/rate/motor_fl.html There are more resources, of course. ----- Original Message ----- From: Ken Ketsdever To: CF-Community Sent: Tuesday, June 08, 2004 11:02 AM Subject: RE: US Oil Problems. I filled up the truck this morning, $68 at $2.25 a gallon. While I was filling up I noticed the tax rates on gas. In Sacramento California I am paying 18 cents a gallon state tax and 18.6 cents a gallon that only adds up to about 16% of the $2.25 a gallon I paid for gas. So I am not sure where you get your statement "Over half of the price you pay for fuel is taxes". Even if I add in sales tax that would only be another 15 cents or so. -----Original Message----- From: Doug White [mailto:doug@clickdoug.com] Sent: Tuesday, June 08, 2004 8:46 AM To: CF-Community Subject: Re: US Oil Problems. Pardon the top post; The Alaskan Oil is being sold mainly to Japan. The Texas Oil is mainly capped off due to regulations. The California oil is blocked by the greens (environmentalists) Oklahoma cannot supply the rest of the nation There has been no new oil refineries built in the US in twenty years, therefore we could not refine enough crude to supply the US even if there was plenty of crude to go around. Over half of the price you pay for fuel is taxes Oh, and there is plenty of oil in Mexico who would like to sell to the US, but the US has always refused to pay them market price. The same applies to their natural gas, so they just burn that off. Argentina has plenty of oil, but political turmoil has its production pretty well turned off. Lastly, if we solved all the above problems, then how would Bush % Co. take care of their Saudi Buddies? Most of us know that we need to get new dipsticks in DC. There are a lot of folks who can't understand how we came to have an oil shortage here in America. Well, there's a very simple answer......Nobody bothered to check the oil! We just didn't know we were getting low. The reason for that is purely geographical: All our oil is in Alaska, Texas, California, and Oklahoma and All our dipsticks are in Washington, DC. _____ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~\| Purchase from House of Fusion, a Macromedia Authorized Affiliate and support the CF community. http://www.houseoffusion.com/banners/view.cfm?bannerid=34 Message: http://www.houseoffusion.com/lists.cfm/link=i:5:115259 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=13124.11887.5
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Larry Lyons 8 June 2004 20:00:53 [ permanent link ]
	It seems that this would be a good question to ask Ben Braver, since he works for a refinery. Any one willing to forward the question to him? larry -----Original Message-----> From: Doug White [mailto:doug@clickdoug.com] > Sent: Tuesday, June 08, 2004 12:40 PM> To: CF-Community> Subject: Re: US Oil Problems.> You are seeing only the end-user taxes.> There are wellhead taxes, and taxes on the products, > importers, and refiners as well.> http://www.petrodril.com/tptc1999.htm> http://www.taxadmin.org/fta/rate/motor_fl.html> There are more resources, of course.> ----- Original Message ----- > From: Ken Ketsdever> To: CF-Community> Sent: Tuesday, June 08, 2004 11:02 AM> Subject: RE: US Oil Problems.> I filled up the truck this morning, $68 at $2.25 a gallon. > While I was filling up I noticed the tax rates on gas. In > Sacramento California I am paying 18 cents a gallon state tax > and 18.6 cents a gallon that only adds up to about 16% of the > $2.25 a gallon I paid for gas. So I am not sure where you > get your statement "Over half of the price you pay for fuel > is taxes". Even if I add in sales tax that would only be > another 15 cents or so.> -----Original Message-----> From: Doug White [mailto:doug@clickdoug.com]> Sent: Tuesday, June 08, 2004 8:46 AM> To: CF-Community> Subject: Re: US Oil Problems.> Pardon the top post;> The Alaskan Oil is being sold mainly to Japan.> The Texas Oil is mainly capped off due to regulations.> The California oil is blocked by the greens (environmentalists)> Oklahoma cannot supply the rest of the nation> There has been no new oil refineries built in the US in > twenty years, therefore> we could not refine enough crude to supply the US even if > there was plenty of> crude to go around.> Over half of the price you pay for fuel is taxes> Oh, and there is plenty of oil in Mexico who would like to > sell to the US, but> the US has always refused to pay them market price. The > same applies to their> natural gas, so they just burn that off.> Argentina has plenty of oil, but political turmoil has its > production pretty> well turned off.> Lastly, if we solved all the above problems, then how would > Bush % Co. take care> of their Saudi Buddies?> Most of us know that we need to get new dipsticks in DC.> There are a lot of folks who can't understand how we came > to have an oil> shortage here in America. Well, there's a very simple > answer......Nobody> bothered to check the oil! We just didn't know we were > getting low. The> reason for that is purely geographical:> All our oil is in Alaska, Texas, California, and Oklahoma > and All our> dipsticks are in Washington, DC.> _____> ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~\| Purchase from House of Fusion, a Macromedia Authorized Affiliate and support the CF community. http://www.houseoffusion.com/banners/view.cfm?bannerid=35 Message: http://www.houseoffusion.com/lists.cfm/link=i:5:115269 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=13124.11887.5
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Nick McClure 8 June 2004 20:45:43 [ permanent link ]
	Over 60% of the oil sold in this country is from North America, Mexico and Canada are the top foreign suppliers, The Saudis are third. The Gas prices go up because the demand is going up, China is buying more fuel off the open market, Opec cannot keep up with the demands and the price goes up. China is in the middle of a major industrial revolution, they are buying more oil than they used to be. Plus you add in speculations about the security of the Middle East, and then the oil companies taking their cut. I know the federal gas tax is around 18%, The Kentucky State Tax is about 15% Which comes to roughly 33%. So here 1 third of the gas price is taxes, but it does differ state to state. But we still must remember that we are dealing with an open market system; if China is willing to pay more then we are going to have to do the same. Right now it seems the oil is there, but there is a high demand for it. The Russians are sitting on a lot of oil, but it is hard to get to, some former Russian republics are also on top of large oil reserves, but again, they are a pain to get to. _____ From: Doug White [mailto:doug@clickdoug.com] Sent: Tuesday, June 08, 2004 11:46 AM To: CF-Community Subject: Re: US Oil Problems. Pardon the top post; The Alaskan Oil is being sold mainly to Japan. The Texas Oil is mainly capped off due to regulations. The California oil is blocked by the greens (environmentalists) Oklahoma cannot supply the rest of the nation There has been no new oil refineries built in the US in twenty years, therefore we could not refine enough crude to supply the US even if there was plenty of crude to go around. Over half of the price you pay for fuel is taxes Oh, and there is plenty of oil in Mexico who would like to sell to the US, but the US has always refused to pay them market price. The same applies to their natural gas, so they just burn that off. Argentina has plenty of oil, but political turmoil has its production pretty well turned off. Lastly, if we solved all the above problems, then how would Bush % Co. take care of their Saudi Buddies? Most of us know that we need to get new dipsticks in DC. There are a lot of folks who can't understand how we came to have an oil shortage here in America. Well, there's a very simple answer......Nobody bothered to check the oil! We just didn't know we were getting low. The reason for that is purely geographical: All our oil is in Alaska, Texas, California, and Oklahoma and All our dipsticks are in Washington, DC. _____ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~\| Purchase from House of Fusion, a Macromedia Authorized Affiliate and support the CF community. http://www.houseoffusion.com/banners/view.cfm?bannerid=35 Message: http://www.houseoffusion.com/lists.cfm/link=i:5:115282 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=13124.11887.5
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Jerry Johnson 8 June 2004 20:57:26 [ permanent link ]
	To be a weenie, If gas is $1.00, and taxes are $.33, then the total for that gallon is $1.33 The tax is only 25%, or 1/4th of the price. Jerry Johnson cf-lists@king-nacho.com 06/08/04 01:45PM >>> I know the federal gas tax is around 18%, The Kentucky State Tax is about 15% Which comes to roughly 33%. So here 1 third of the gas price is taxes, but it does differ state to state. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~\| Sams Teach Yourself Regular Expressions in 10 Minutes by Ben Forta http://www.houseoffusion.com/banners/view.cfm?bannerid=40 Message: http://www.houseoffusion.com/lists.cfm/link=i:5:115283 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=13124.11887.5
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Nick McClure 8 June 2004 21:56:16 [ permanent link ]
	Where did 25% come from? _____ From: Jerry Johnson [mailto:jjohnson@lawyersweekly.com] Sent: Tuesday, June 08, 2004 1:57 PM To: CF-Community Subject: RE: US Oil Problems. To be a weenie, If gas is $1.00, and taxes are $.33, then the total for that gallon is $1.33 The tax is only 25%, or 1/4th of the price. Jerry Johnson cf-lists@king-nacho.com 06/08/04 01:45PM >>> I know the federal gas tax is around 18%, The Kentucky State Tax is about 15% Which comes to roughly 33%. So here 1 third of the gas price is taxes, but it does differ state to state. _____ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~\| Protect your mail server with built in anti-virus protection. It's not only good for you, it's good for everybody. http://www.houseoffusion.com/banners/view.cfm?bannerid=39 Message: http://www.houseoffusion.com/lists.cfm/link=i:5:115292 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=13124.11887.5
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Philip Arnold 8 June 2004 22:06:22 [ permanent link ]
	From: Nick McClure> Where did 25% come from? Follow his math From: Jerry Johnson> If gas is $1.00, and taxes are $.33, then the total for that > gallon is $1.33> The tax is only 25%, or 1/4th of the price. We start with $1.00 33% of $1.00 = $0.33 Add these together = $1.33 So, the 33% tax is actually 25% of the total cost That's where it came from ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~\| Purchase from House of Fusion, a Macromedia Authorized Affiliate and support the CF community. http://www.houseoffusion.com/banners/view.cfm?bannerid=37 Message: http://www.houseoffusion.com/lists.cfm/link=i:5:115294 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=13124.11887.5
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Jerry Johnson 8 June 2004 22:15:52 [ permanent link ]
	price=1.00 tax=.33 total=1.33 tax as percent of total=(.33/1.33)100 tax as percent of total=24.8% To sanity check, .334 = 1.32 Jerry Johnson cf-lists@king-nacho.com 06/08/04 02:56PM >>> Where did 25% come from? _____ From: Jerry Johnson [mailto:jjohnson@lawyersweekly.com] Sent: Tuesday, June 08, 2004 1:57 PM To: CF-Community Subject: RE: US Oil Problems. To be a weenie, If gas is $1.00, and taxes are $.33, then the total for that gallon is $1.33 The tax is only 25%, or 1/4th of the price. Jerry Johnson cf-lists@king-nacho.com 06/08/04 01:45PM >>> I know the federal gas tax is around 18%, The Kentucky State Tax is about 15% Which comes to roughly 33%. So here 1 third of the gas price is taxes, but it does differ state to state. _____ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~\| Purchase from House of Fusion, a Macromedia Authorized Affiliate and support the CF community. http://www.houseoffusion.com/banners/view.cfm?bannerid=38 Message: http://www.houseoffusion.com/lists.cfm/link=i:5:115298 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=13124.11887.5
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Nick McClure 8 June 2004 22:24:35 [ permanent link ]
	OK I see where you are coming from. I was looking at it from the angle of them being two different items, the price of Gas is 1.00 a gallon; the taxes are 1/3 of that. _____ From: Philip Arnold [mailtohilip@walker-arnold.com] Sent: Tuesday, June 08, 2004 3:06 PM To: CF-Community Subject: RE: US Oil Problems. From: Nick McClure> Where did 25% come from? Follow his math From: Jerry Johnson> If gas is $1.00, and taxes are $.33, then the total for that > gallon is $1.33> The tax is only 25%, or 1/4th of the price. We start with $1.00 33% of $1.00 = $0.33 Add these together = $1.33 So, the 33% tax is actually 25% of the total cost That's where it came from _____ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~\| Purchase from House of Fusion, a Macromedia Authorized Affiliate and support the CF community. http://www.houseoffusion.com/banners/view.cfm?bannerid=36 Message: http://www.houseoffusion.com/lists.cfm/link=i:5:115303 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=13124.11887.5
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Guest 11 April 2006 06:18:30 [ permanent link ]
	actully it would be 33%(1/3) not 25%
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QAIX > ColdFusion > US Oil Problems. 11 April 2006 06:18:30

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