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<DIV><FONT face=Arial size=2>I am curious if anyone can answer this about gas
prices:</FONT></DIV>
<DIV><FONT face=Arial size=2>Why when the price of oil per barrel goes up we see
an immediate increase in price at the pump but when the price of the barrel goes
down the price of gas drops ever so slowly and may never get back down to where
it was before the increase?</FONT></DIV>
<DIV><FONT face=Arial size=2>Thanks,</FONT></DIV>
<DIV>Andy Boyd<BR>----- Original Message ----- </DIV>
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B>
<A title=jborden@datawedge.com href="mailto:jborden@datawedge.com">Jay
Borden</A> </DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A title=nielsen@uidaho.edu
href="mailto:nielsen@uidaho.edu">Ralph Nielsen</A> ; <A
title=Vision2020@moscow.com href="mailto:Vision2020@moscow.com">vision
2020</A> </DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> Friday, August 19, 2011 11:26
AM</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> Re: [Vision2020] Gas prices
[was: Can we not find...]</DIV>
<DIV><BR></DIV>
<DIV class=WordSection1>
<P class=MsoNormal><SPAN
style="FONT-SIZE: 11pt; COLOR: #1f497d; FONT-FAMILY: 'Calibri','sans-serif'">Aside
from taxes, it doesn’t matter what party is in office, they have very little
(if any) control over the cost of gasoline. (Foreign wars and unrest in
the middle east not withstanding). The BIG OIL companies that many on
here love to bash so heavily also have very little to do with the cost of fuel
at the pump. If you take a peek at their model, it’s a pretty
straight-forward “cost-of-goods to produce + markup” business. Yes, a
VERY BIG BUSINESS, but one that makes the profit on VOLUME, not on price
gouging.<o:p></o:p></SPAN></P>
<P class=MsoNormal><SPAN
style="FONT-SIZE: 11pt; COLOR: #1f497d; FONT-FAMILY: 'Calibri','sans-serif'"><o:p> </o:p></SPAN></P>
<P class=MsoNormal><SPAN
style="FONT-SIZE: 11pt; COLOR: #1f497d; FONT-FAMILY: 'Calibri','sans-serif'">The
two largest driving forces in the cost of oil? OPEC and
taxes.<o:p></o:p></SPAN></P>
<P class=MsoNormal><SPAN
style="FONT-SIZE: 11pt; COLOR: #1f497d; FONT-FAMILY: 'Calibri','sans-serif'"><o:p> </o:p></SPAN></P>
<P class=MsoNormal><SPAN
style="FONT-SIZE: 11pt; COLOR: #1f497d; FONT-FAMILY: 'Calibri','sans-serif'">The
government makes more in taxes on a single gallon of gasoline than the BIG OIL
company that refined it and delivered it to your local gas station. (If
I remember reading it correctly, this has been true for the past 25 years,
with only 1 or 2 years being an exception).<o:p></o:p></SPAN></P>
<P class=MsoNormal><SPAN
style="FONT-SIZE: 11pt; COLOR: #1f497d; FONT-FAMILY: 'Calibri','sans-serif'"><o:p> </o:p></SPAN></P>
<P class=MsoNormal><SPAN
style="FONT-SIZE: 11pt; COLOR: #1f497d; FONT-FAMILY: 'Calibri','sans-serif'">The
other driving force, OPEC, is just unified enough to keep the supply/demand
metric at a price point JUST above the break-even point for alternative forms
of energy to become economically viable… and they damned well know it.
(They produce something like 45% of the world’s crude oil supply… so
they are the 800 pound gorilla in the market). If indicators show
that suddenly a new form of wind technology or solar energy design can be made
for cheaper, by some MIRACLE the cost per barrel of oil goes down just a
tad. OPEC is business collusion in its WORST
form.<o:p></o:p></SPAN></P>
<P class=MsoNormal><SPAN
style="FONT-SIZE: 11pt; COLOR: #1f497d; FONT-FAMILY: 'Calibri','sans-serif'"><o:p> </o:p></SPAN></P>
<P class=MsoNormal><SPAN
style="FONT-SIZE: 11pt; COLOR: #1f497d; FONT-FAMILY: 'Calibri','sans-serif'">Think
about it this way: a 42-gallon “barrel” of oil sold on the market today
is right around $84 (rounding to make the math easy).<o:p></o:p></SPAN></P>
<P class=MsoNormal><SPAN
style="FONT-SIZE: 11pt; COLOR: #1f497d; FONT-FAMILY: 'Calibri','sans-serif'"><o:p> </o:p></SPAN></P>
<P class=MsoNormal><SPAN
style="FONT-SIZE: 11pt; COLOR: #1f497d; FONT-FAMILY: 'Calibri','sans-serif'">That
means that the COST of the oil is $2 a gallon before it goes to any refining
process… tack on a refining cost, tack on transportation/distribution costs
and then tack on taxes… and now you’re starting to approach the current cost
of a gallon of gasoline.<o:p></o:p></SPAN></P>
<P class=MsoNormal><SPAN
style="FONT-SIZE: 11pt; COLOR: #1f497d; FONT-FAMILY: 'Calibri','sans-serif'"><o:p> </o:p></SPAN></P>
<P class=MsoNormal><SPAN
style="FONT-SIZE: 11pt; COLOR: #1f497d; FONT-FAMILY: 'Calibri','sans-serif'">This
is why I roll my eyes when morons like Bachman declare “when I’m president,
I’ll return to $2.00 a gallon gasoline” [to paraphrase]… (yah, good luck with
that).<o:p></o:p></SPAN></P>
<P class=MsoNormal><SPAN
style="FONT-SIZE: 11pt; COLOR: #1f497d; FONT-FAMILY: 'Calibri','sans-serif'"><o:p> </o:p></SPAN></P>
<P class=MsoNormal><SPAN
style="FONT-SIZE: 11pt; COLOR: #1f497d; FONT-FAMILY: 'Calibri','sans-serif'"><o:p> </o:p></SPAN></P>
<DIV>
<P class=MsoNormal><SPAN
style="FONT-SIZE: 11pt; COLOR: #1f497d; FONT-FAMILY: 'Calibri','sans-serif'">Jay<o:p></o:p></SPAN></P></DIV>
<P class=MsoNormal><SPAN
style="FONT-SIZE: 11pt; COLOR: #1f497d; FONT-FAMILY: 'Calibri','sans-serif'"><o:p> </o:p></SPAN></P>
<DIV>
<DIV
style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: #b5c4df 1pt solid; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; PADDING-TOP: 3pt; BORDER-BOTTOM: medium none">
<P class=MsoNormal><B><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: 'Tahoma','sans-serif'">From:</SPAN></B><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: 'Tahoma','sans-serif'">
vision2020-bounces@moscow.com [mailto:vision2020-bounces@moscow.com] <B>On
Behalf Of </B>Ralph Nielsen<BR><B>Sent:</B> Friday, August 19, 2011 10:32
AM<BR><B>To:</B> vision 2020<BR><B>Subject:</B> [Vision2020] Gas prices [was:
Can we not find...]<o:p></o:p></SPAN></P></DIV></DIV>
<P class=MsoNormal><o:p> </o:p></P>
<DIV>
<P class=MsoNormal>Have a look at the cheapest gas in Canada -- in Edmonton
AB, at $3.94/gal. And below, the cheapest gas in Fort McMurray AB, where the
tar sands are, costs $4.66/gal.<o:p></o:p></P></DIV>
<DIV>
<P class=MsoNormal><o:p> </o:p></P></DIV>
<DIV>
<P class=MsoNormal>For metrically challenged Americans, divide liters and
price-per-liter by 0.264 for per-gallon equivalents. For liter-gallon
equivalents multiply by 0.264.<o:p></o:p></P></DIV>
<DIV>
<P class=MsoNormal><o:p> </o:p></P></DIV>
<DIV>
<P class=MsoNormal>In 2005, when I was in England, petrol was a pound per
liter = $2/liter = $7.58/gal. I'm sure it's higher now. Don't count on the
Conservatives to lower it.<o:p></o:p></P></DIV>
<DIV>
<P class=MsoNormal><o:p> </o:p></P></DIV>
<DIV>
<P class=MsoNormal><A
href="http://www.albertagasprices.com">http://www.albertagasprices.com</A>/<o:p></o:p></P></DIV>
<DIV>
<P class=MsoNormal><o:p> </o:p></P></DIV>
<DIV>
<P class=MsoNormal>Ralph<o:p></o:p></P></DIV>
<DIV>
<P class=MsoNormal><o:p> </o:p></P></DIV>
<DIV>
<P class=MsoNormal><o:p> </o:p></P></DIV>
<DIV>
<DIV>
<P class=MsoNormal><SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: Courier">On
Thursday, August 18, 2011 10:53:56 AM Steven Basoa
wrote:</SPAN><o:p></o:p></P></DIV>
<DIV>
<P class=MsoNormal><SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: Courier">><I>
Yeah, but the gallons will be smaller...</I></SPAN><o:p></o:p></P></DIV>
<DIV>
<P class=MsoNormal><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: Courier"><o:p> </o:p></SPAN></P></DIV>
<DIV>
<P class=MsoNormal><SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: Courier">Sure,
and the new gallons at $2 each will have a new name --
liters.</SPAN><o:p></o:p></P></DIV>
<DIV>
<P class=MsoNormal><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: Courier"><o:p> </o:p></SPAN></P></DIV>
<DIV>
<P class=MsoNormal><SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: Courier">A $2
bill is what one will pay for a demonstration flask of fuel from the
old-</SPAN><o:p></o:p></P></DIV>
<DIV>
<P class=MsoNormal><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: Courier">fashioned pre-electric vehicle
days.</SPAN><o:p></o:p></P></DIV>
<DIV>
<P class=MsoNormal><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: Courier"><o:p> </o:p></SPAN></P></DIV>
<DIV>
<P class=MsoNormal><SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: Courier">A $20
bill is what one will pay for just enough fuel for Junior to get the
old </SPAN><o:p></o:p></P></DIV>
<DIV>
<P class=MsoNormal><SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: Courier">hot rod
from home to the prom and back home again -- and nowhere
else.</SPAN><o:p></o:p></P></DIV>
<DIV>
<P class=MsoNormal><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: Courier"><o:p> </o:p></SPAN></P></DIV>
<DIV>
<P class=MsoNormal><SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: Courier">A $200
bill will be necessary to fill up the old hot rod -- and even then
only </SPAN><o:p></o:p></P></DIV>
<DIV>
<P class=MsoNormal><SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: Courier">for
deductible business uses -- assuming fuel expenses are still
deductible.</SPAN><o:p></o:p></P></DIV>
<DIV>
<P class=MsoNormal><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: Courier"><o:p> </o:p></SPAN></P></DIV>
<DIV>
<P class=MsoNormal><SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: Courier">Yes,
indeed, the coming days of fuel at $20 per decaliter (before
inflation) </SPAN><o:p></o:p></P></DIV>
<DIV>
<P class=MsoNormal><SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: Courier">will
allow an electric vehicle purchase decision to be really easy to
approve.</SPAN><o:p></o:p></P></DIV>
<DIV>
<P class=MsoNormal><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: Courier"><o:p> </o:p></SPAN></P></DIV>
<DIV>
<P class=MsoNormal><SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: Courier">I
wonder whose face will be chosen for the two-hundred-dollar bill.
Ideas?</SPAN><o:p></o:p></P></DIV>
<DIV>
<P class=MsoNormal><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: Courier"><o:p> </o:p></SPAN></P></DIV>
<DIV>
<P class=MsoNormal><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: Courier"><o:p> </o:p></SPAN></P></DIV>
<DIV>
<P class=MsoNormal><SPAN style="FONT-SIZE: 10pt; FONT-FAMILY: Courier">Ken
[Marcy]</SPAN><o:p></o:p></P></DIV></DIV></DIV>
<P>
<HR>
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