<html><body><div style="color:#000; background-color:#fff; font-family:times new roman, new york, times, serif;font-size:12pt"><div style="RIGHT: auto"><SPAN style="RIGHT: auto">The government does have a big say in the cost of oil. It can manipulate it with oil reserves, creating or denying <SPAN style="RIGHT: auto" id=misspell-0>pipelines</SPAN>, creating or stopping war in regions of the world that supply oil, it can more strictly enforce or relax enforcement of laws and regulations, it can open or close places to drill oil, it can also increase or decrease tax on oil. It can also increase demand and reduce supply by creating projects that require the use of oil. There are about 10000 other ways it can indirectly impact the price of oil without the passage of any new laws. The reality is, however, that the oil companies control both political parties. </SPAN></div>
<div style="RIGHT: auto"><SPAN style="RIGHT: auto">The OPEC and Middle East oil is less than 6% of US oil supply. The US gets most of its oil, about 90%, just from the US, Canada, and Mexico. The price of oil is controlled by the market, which is impacted heavily by events controlled by governments and large companies. </SPAN></div>
<div style="RIGHT: auto"><SPAN style="RIGHT: auto">Big oil companies make their money off volume, but also by manipulating the political system, markets, and taking the oil from government owned lands. </SPAN></div>
<div style="RIGHT: auto"><SPAN style="RIGHT: auto">The gas prices go up quickly because the owners of the gas station have to make enough money on this tanker of gas to fill it up again which will cost them more<VAR id=yui-ie-cursor></VAR>. </SPAN></div>
<div style="RIGHT: auto"><SPAN style="RIGHT: auto"></SPAN> </div>
<div style="RIGHT: auto"><SPAN style="RIGHT: auto">Donovan Arnold</SPAN></div>
<div><BR></div>
<DIV style="FONT-FAMILY: times new roman, new york, times, serif; FONT-SIZE: 12pt">
<DIV style="FONT-FAMILY: times new roman, new york, times, serif; FONT-SIZE: 12pt"><FONT size=2 face=Arial>
<DIV style="BORDER-BOTTOM: #ccc 1px solid; BORDER-LEFT: #ccc 1px solid; PADDING-BOTTOM: 0px; LINE-HEIGHT: 0; MARGIN: 5px 0px; PADDING-LEFT: 0px; PADDING-RIGHT: 0px; HEIGHT: 0px; FONT-SIZE: 0px; BORDER-TOP: #ccc 1px solid; BORDER-RIGHT: #ccc 1px solid; PADDING-TOP: 0px" class=hr contentEditable=false readonly="true"></DIV><B><SPAN style="FONT-WEIGHT: bold">From:</SPAN></B> Andy Boyd <moscowrecycling@turbonet.com><BR><B><SPAN style="FONT-WEIGHT: bold">To:</SPAN></B> Jay Borden <jborden@datawedge.com>; Ralph Nielsen <nielsen@uidaho.edu>; vision 2020 <Vision2020@moscow.com><BR><B><SPAN style="FONT-WEIGHT: bold">Sent:</SPAN></B> Friday, August 19, 2011 12:43 PM<BR><B><SPAN style="FONT-WEIGHT: bold">Subject:</SPAN></B> Re: [Vision2020] Gas prices [was: Can we not find...]<BR></FONT><BR>
<DIV id=yiv1818036096>
<STYLE> _filtered #yiv1818036096 {
font-family:Courier;}
_filtered #yiv1818036096 {
font-family:Cambria Math;}
_filtered #yiv1818036096 {
font-family:Calibri;}
_filtered #yiv1818036096 {
font-family:Tahoma;}
_filtered #yiv1818036096 {margin:1.0in 1.0in 1.0in 1.0in;}
#yiv1818036096 P.yiv1818036096MsoNormal {
FONT-SIZE:12pt;MARGIN:0in 0in 0pt;FONT-FAMILY:"serif";}
#yiv1818036096 LI.yiv1818036096MsoNormal {
FONT-SIZE:12pt;MARGIN:0in 0in 0pt;FONT-FAMILY:"serif";}
#yiv1818036096 DIV.yiv1818036096MsoNormal {
FONT-SIZE:12pt;MARGIN:0in 0in 0pt;FONT-FAMILY:"serif";}
#yiv1818036096 A:link {
COLOR:blue;TEXT-DECORATION:underline;}
#yiv1818036096 SPAN.yiv1818036096MsoHyperlink {
COLOR:blue;TEXT-DECORATION:underline;}
#yiv1818036096 A:visited {
COLOR:purple;TEXT-DECORATION:underline;}
#yiv1818036096 SPAN.yiv1818036096MsoHyperlinkFollowed {
COLOR:purple;TEXT-DECORATION:underline;}
#yiv1818036096 SPAN.yiv1818036096EmailStyle17 {
COLOR:#1f497d;FONT-FAMILY:"sans-serif";}
#yiv1818036096 .yiv1818036096MsoChpDefault {
FONT-SIZE:10pt;}
#yiv1818036096 DIV.yiv1818036096WordSection1 {
}
</STYLE>
<DIV><FONT size=2 face=Arial>I am curious if anyone can answer this about gas prices:</FONT></DIV>
<DIV><FONT size=2 face=Arial>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 size=2 face=Arial>Thanks,</FONT></DIV>
<DIV>Andy Boyd<BR>----- Original Message ----- </DIV>
<BLOCKQUOTE style="BORDER-LEFT: #000000 2px solid; PADDING-LEFT: 5px; PADDING-RIGHT: 0px; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px">
<DIV style="FONT: 10pt arial; BACKGROUND: #e4e4e4"><B>From:</B> <A title=jborden@datawedge.com href="mailto:jborden@datawedge.com" rel=nofollow target=_blank ymailto="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" rel=nofollow target=_blank ymailto="mailto:nielsen@uidaho.edu">Ralph Nielsen</A> ; <A title=Vision2020@moscow.com href="mailto:Vision2020@moscow.com" rel=nofollow target=_blank ymailto="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=yiv1818036096WordSection1>
<div class=yiv1818036096MsoNormal><SPAN style="FONT-FAMILY: 'sans-serif'; COLOR: #1f497d; FONT-SIZE: 11pt">Aside from taxes, it <SPAN id=misspell-1 class=mark>doesn</SPAN>’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.</SPAN></div>
<div class=yiv1818036096MsoNormal><SPAN style="FONT-FAMILY: 'sans-serif'; COLOR: #1f497d; FONT-SIZE: 11pt"> </SPAN></div>
<div class=yiv1818036096MsoNormal><SPAN style="FONT-FAMILY: 'sans-serif'; COLOR: #1f497d; FONT-SIZE: 11pt">The two largest driving forces in the cost of oil? OPEC and taxes.</SPAN></div>
<div class=yiv1818036096MsoNormal><SPAN style="FONT-FAMILY: 'sans-serif'; COLOR: #1f497d; FONT-SIZE: 11pt"> </SPAN></div>
<div class=yiv1818036096MsoNormal><SPAN style="FONT-FAMILY: 'sans-serif'; COLOR: #1f497d; FONT-SIZE: 11pt">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).</SPAN></div>
<div class=yiv1818036096MsoNormal><SPAN style="FONT-FAMILY: 'sans-serif'; COLOR: #1f497d; FONT-SIZE: 11pt"> </SPAN></div>
<div class=yiv1818036096MsoNormal><SPAN style="FONT-FAMILY: 'sans-serif'; COLOR: #1f497d; FONT-SIZE: 11pt">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.</SPAN></div>
<div class=yiv1818036096MsoNormal><SPAN style="FONT-FAMILY: 'sans-serif'; COLOR: #1f497d; FONT-SIZE: 11pt"> </SPAN></div>
<div class=yiv1818036096MsoNormal><SPAN style="FONT-FAMILY: 'sans-serif'; COLOR: #1f497d; FONT-SIZE: 11pt">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).</SPAN></div>
<div class=yiv1818036096MsoNormal><SPAN style="FONT-FAMILY: 'sans-serif'; COLOR: #1f497d; FONT-SIZE: 11pt"> </SPAN></div>
<div class=yiv1818036096MsoNormal><SPAN style="FONT-FAMILY: 'sans-serif'; COLOR: #1f497d; FONT-SIZE: 11pt">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.</SPAN></div>
<div class=yiv1818036096MsoNormal><SPAN style="FONT-FAMILY: 'sans-serif'; COLOR: #1f497d; FONT-SIZE: 11pt"> </SPAN></div>
<div class=yiv1818036096MsoNormal><SPAN style="FONT-FAMILY: 'sans-serif'; COLOR: #1f497d; FONT-SIZE: 11pt">This is why I roll my eyes when morons like <SPAN id=misspell-2 class=mark>Bachman</SPAN> declare “when I’m president, I’ll return to $2.00 a gallon gasoline” [to paraphrase]… (<SPAN id=misspell-3 class=mark>yah</SPAN>, good luck with that).</SPAN></div>
<div class=yiv1818036096MsoNormal><SPAN style="FONT-FAMILY: 'sans-serif'; COLOR: #1f497d; FONT-SIZE: 11pt"> </SPAN></div>
<div class=yiv1818036096MsoNormal><SPAN style="FONT-FAMILY: 'sans-serif'; COLOR: #1f497d; FONT-SIZE: 11pt"> </SPAN></div>
<DIV>
<div class=yiv1818036096MsoNormal><SPAN style="FONT-FAMILY: 'sans-serif'; COLOR: #1f497d; FONT-SIZE: 11pt">Jay</SPAN></div></DIV>
<div class=yiv1818036096MsoNormal><SPAN style="FONT-FAMILY: 'sans-serif'; COLOR: #1f497d; FONT-SIZE: 11pt"> </SPAN></div>
<DIV>
<DIV style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: #b5c4df 1pt solid; BORDER-RIGHT: medium none; PADDING-TOP: 3pt">
<div class=yiv1818036096MsoNormal><B><SPAN style="FONT-FAMILY: 'sans-serif'; FONT-SIZE: 10pt">From:</SPAN></B><SPAN style="FONT-FAMILY: 'sans-serif'; FONT-SIZE: 10pt"> 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...]</SPAN></div></DIV></DIV>
<div class=yiv1818036096MsoNormal> </div>
<DIV>
<div class=yiv1818036096MsoNormal>Have a look at the cheapest gas in Canada -- in Edmonton AB, at $3.94/gal. And below, the cheapest gas in Fort <SPAN id=misspell-4 class=mark>McMurray</SPAN> AB, where the tar sands are, costs $4.66/gal.</div></DIV>
<DIV>
<div class=yiv1818036096MsoNormal> </div></DIV>
<DIV>
<div class=yiv1818036096MsoNormal>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.</div></DIV>
<DIV>
<div class=yiv1818036096MsoNormal> </div></DIV>
<DIV>
<div class=yiv1818036096MsoNormal>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.</div></DIV>
<DIV>
<div class=yiv1818036096MsoNormal> </div></DIV>
<DIV>
<div class=yiv1818036096MsoNormal><A href="http://www.albertagasprices.com/" rel=nofollow target=_blank>http://www.albertagasprices.com</A>/</div></DIV>
<DIV>
<div class=yiv1818036096MsoNormal> </div></DIV>
<DIV>
<div class=yiv1818036096MsoNormal>Ralph</div></DIV>
<DIV>
<div class=yiv1818036096MsoNormal> </div></DIV>
<DIV>
<div class=yiv1818036096MsoNormal> </div></DIV>
<DIV>
<DIV>
<div class=yiv1818036096MsoNormal><SPAN style="FONT-FAMILY: Courier; FONT-SIZE: 10pt">On Thursday, August 18, 2011 10:53:56 AM Steven <SPAN id=misspell-5 class=mark>Basoa</SPAN> wrote:</SPAN></div></DIV>
<DIV>
<div class=yiv1818036096MsoNormal><SPAN style="FONT-FAMILY: Courier; FONT-SIZE: 10pt">><I> Yeah, but the gallons will be smaller...</I></SPAN></div></DIV>
<DIV>
<div class=yiv1818036096MsoNormal><SPAN style="FONT-FAMILY: Courier; FONT-SIZE: 10pt"> </SPAN></div></DIV>
<DIV>
<div class=yiv1818036096MsoNormal><SPAN style="FONT-FAMILY: Courier; FONT-SIZE: 10pt">Sure, and the new gallons at $2 each will have a new name -- liters.</SPAN></div></DIV>
<DIV>
<div class=yiv1818036096MsoNormal><SPAN style="FONT-FAMILY: Courier; FONT-SIZE: 10pt"> </SPAN></div></DIV>
<DIV>
<div class=yiv1818036096MsoNormal><SPAN style="FONT-FAMILY: Courier; FONT-SIZE: 10pt">A $2 bill is what one will pay for a demonstration flask of fuel from the old-</SPAN></div></DIV>
<DIV>
<div class=yiv1818036096MsoNormal><SPAN style="FONT-FAMILY: Courier; FONT-SIZE: 10pt">fashioned <SPAN id=misspell-6 class=mark>pre</SPAN>-electric vehicle days.</SPAN></div></DIV>
<DIV>
<div class=yiv1818036096MsoNormal><SPAN style="FONT-FAMILY: Courier; FONT-SIZE: 10pt"> </SPAN></div></DIV>
<DIV>
<div class=yiv1818036096MsoNormal><SPAN style="FONT-FAMILY: Courier; FONT-SIZE: 10pt">A $20 bill is what one will pay for just enough fuel for Junior to get the old </SPAN></div></DIV>
<DIV>
<div class=yiv1818036096MsoNormal><SPAN style="FONT-FAMILY: Courier; FONT-SIZE: 10pt">hot rod from home to the prom and back home again -- and nowhere else.</SPAN></div></DIV>
<DIV>
<div class=yiv1818036096MsoNormal><SPAN style="FONT-FAMILY: Courier; FONT-SIZE: 10pt"> </SPAN></div></DIV>
<DIV>
<div class=yiv1818036096MsoNormal><SPAN style="FONT-FAMILY: Courier; FONT-SIZE: 10pt">A $200 bill will be necessary to fill up the old hot rod -- and even then only </SPAN></div></DIV>
<DIV>
<div class=yiv1818036096MsoNormal><SPAN style="FONT-FAMILY: Courier; FONT-SIZE: 10pt">for deductible business uses -- assuming fuel expenses are still deductible.</SPAN></div></DIV>
<DIV>
<div class=yiv1818036096MsoNormal><SPAN style="FONT-FAMILY: Courier; FONT-SIZE: 10pt"> </SPAN></div></DIV>
<DIV>
<div class=yiv1818036096MsoNormal><SPAN style="FONT-FAMILY: Courier; FONT-SIZE: 10pt">Yes, indeed, the coming days of fuel at $20 per <SPAN id=misspell-7 class=mark>decaliter</SPAN> (before inflation) </SPAN></div></DIV>
<DIV>
<div class=yiv1818036096MsoNormal><SPAN style="FONT-FAMILY: Courier; FONT-SIZE: 10pt">will allow an electric vehicle purchase decision to be really easy to approve.</SPAN></div></DIV>
<DIV>
<div class=yiv1818036096MsoNormal><SPAN style="FONT-FAMILY: Courier; FONT-SIZE: 10pt"> </SPAN></div></DIV>
<DIV>
<div class=yiv1818036096MsoNormal><SPAN style="FONT-FAMILY: Courier; FONT-SIZE: 10pt">I wonder whose face will be chosen for the two-hundred-dollar bill. Ideas?</SPAN></div></DIV>
<DIV>
<div class=yiv1818036096MsoNormal><SPAN style="FONT-FAMILY: Courier; FONT-SIZE: 10pt"> </SPAN></div></DIV>
<DIV>
<div class=yiv1818036096MsoNormal><SPAN style="FONT-FAMILY: Courier; FONT-SIZE: 10pt"> </SPAN></div></DIV>
<DIV>
<div class=yiv1818036096MsoNormal><SPAN style="FONT-FAMILY: Courier; FONT-SIZE: 10pt">Ken [Marcy]</SPAN></div></DIV></DIV></DIV>
<DIV style="BORDER-BOTTOM: #ccc 1px solid; BORDER-LEFT: #ccc 1px solid; PADDING-BOTTOM: 0px; LINE-HEIGHT: 0; MARGIN: 5px 0px; PADDING-LEFT: 0px; PADDING-RIGHT: 0px; HEIGHT: 0px; FONT-SIZE: 0px; BORDER-TOP: #ccc 1px solid; BORDER-RIGHT: #ccc 1px solid; PADDING-TOP: 0px" class=hr contentEditable=false readonly="true"></DIV>=======================================================<BR> List services made available by First Step Internet, <BR> serving the communities of the <SPAN id=misspell-8 class=mark>Palouse</SPAN> since 1994. <BR> http://www.fsr.net <BR>
mailto:Vision2020@moscow.com<BR>=======================================================</BLOCKQUOTE></DIV><BR>=======================================================<BR>List services made available by First Step Internet, <BR>serving the communities of the <SPAN id=misspell-9 class=mark>Palouse</SPAN> since 1994. <BR> <A href="http://www.fsr.net/" target=_blank>http://www.fsr.net</A> <BR> <SPAN id=misspell-10 class=mark>mailto</SPAN>:<A href="mailto:Vision2020@moscow.com" ymailto="mailto:Vision2020@moscow.com">Vision2020@moscow.com</A><BR>=======================================================<BR><BR></DIV></DIV></div></body></html>