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Topic:
fuel demand fell 17.6 million barrels lowest level since 1999
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Scarne
Title: Capo di Scientifico
Posts: 1,087
Registered: 2001-7-23 15:24:34
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Date Posted:
1/1/00 12:00am
Subject:
fuel demand fell 17.6 million barrels lowest level since 1999
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theredkay1 posted:
Lets say a widget costs $5.00 in 2010.
In 2011 a widget is 5% better at widgeting and it costs $5.05.
Is this inflation?
Sounds like deflation. $5.00 * 1.05 = $5.25.  
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Brother_Tempus
Title: Patriot
Posts: 985
Registered: 2001-1-9 08:07:00
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Date Posted:
1/1/00 12:00am
Subject:
fuel demand fell 17.6 million barrels lowest level since 1999
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theredkay1 posted:
Lets say a widget costs $5.00 in 2010.
let's say we ignore this strawman and focus on a gallon of gas which has not changed much from a gallon of gas from 1999 but the price for it is a lot higher now than what is was back then
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Scarne
Title: Capo di Scientifico
Posts: 1,087
Registered: 2001-7-23 15:24:34
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Date Posted:
1/1/00 12:00am
Subject:
fuel demand fell 17.6 million barrels lowest level since 1999
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Brother_Tempus posted:
let's say we ignore this strawman and focus on a gallon of gas which has not changed much from a gallon of gas from 1999 but the price for it is a lot higher now than what is was back then
A gallon of gas has changed a lot since 1999 when you take the likely source of the raw materials into account and the cost of extracting said raw materials.
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Yukishiro1
Posts: 3,243
Registered: 2002-9-20 23:52:57
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Date Posted:
1/1/00 12:00am
Subject:
fuel demand fell 17.6 million barrels lowest level since 1999
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Scarne posted:
Brother_Tempus posted:
let's say we ignore this strawman and focus on a gallon of gas which has not changed much from a gallon of gas from 1999 but the price for it is a lot higher now than what is was back then
A gallon of gas has changed a lot since 1999 when you take the likely source of the raw materials into account and the cost of extracting said raw materials.
Trust BT to miss the point completely.
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theredkay1
Posts: 611
Registered: 2008-5-16 10:37:09
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Date Posted:
1/1/00 12:00am
Subject:
fuel demand fell 17.6 million barrels lowest level since 1999
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Brother_Tempus posted:
theredkay1 posted:
In 2012 the widget is unchanged, but a parts shortage in Asia along with increased demand from new buyers in India drives prices to $5.25.
Is this the fault of the Fed?
You are going to get both of these wrong. 
let's say we ignore this strawman and focus on a gallon of gas which has not changed much from a gallon of gas from 1999 but the price for it is a lot higher now than what is was back then
Not sure how this is a strawman.
So your answer is 'yes, its the Feds fault'?
What about the price collapse of Pet rocks? Is the Fed to blame too?
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reesescups
Title: //Captain America
Posts: 2,537
Registered: 2003-5-26 14:45:53
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Date Posted:
1/1/00 12:00am
Subject:
fuel demand fell 17.6 million barrels lowest level since 1999
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Scarne posted:
Inflation.
Less known remaining reserves.
Instability in many oil producing regions.
HTH
IN addition to oil being harder and more expensive to extract...
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Brother_Tempus
Title: Patriot
Posts: 985
Registered: 2001-1-9 08:07:00
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Date Posted:
1/1/00 12:00am
Subject:
fuel demand fell 17.6 million barrels lowest level since 1999
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Yukishiro1 posted:
Trust BT to miss the point completely.
What you trying to change the subject ... nope, i didn;t miss that at all
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You win ACF, dude - Osmenthe
BT is usually right - Onslaught
i think we need more BT on page 1 - FighterUSAF
Yep, BT is right - Aerlinthian
Got guns & ammo? Food? Precious metals?
|
Szerek
Posts: 338
Registered: 2000-8-8 09:26:09
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Date Posted:
1/1/00 12:00am
Subject:
fuel demand fell 17.6 million barrels lowest level since 1999
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reesescups posted:
Scarne posted:
Inflation.
Less known remaining reserves.
Instability in many oil producing regions.
HTH
IN addition to oil being harder and more expensive to extract...
I bet if cars could run on Baby Oil Republican's wouldn't be so anti-abortion...
Unwanted babies + high pressure = Baby Oil Profit!
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reesescups
Title: //Captain America
Posts: 2,537
Registered: 2003-5-26 14:45:53
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Date Posted:
1/1/00 12:00am
Subject:
fuel demand fell 17.6 million barrels lowest level since 1999
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Brother_Tempus posted:
Yukishiro1 posted:
Trust BT to miss the point completely.
What you trying to change the subject ... nope, i didn;t miss that at all
Talking about the raw materials, the additives, the refining... When discussing the cost of Gas, these are not strawmen or attempting to change the subject. They are referred to as facts and reality.
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"I'm not racist at all." - dae_trist
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