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$25 For A Gallon Of Gas

Tyler Durden's picture





 

Because even the road to socialist utopia is paved with capitalist intentions. At least until the 120% excise "fairness" tax is implemented. In the meantime, welcome back supply and demand. We missed you...

From Craigslist:

h/t John

 


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Sat, 11/03/2012 - 09:45 | Link to Comment vast-dom
vast-dom's picture

thank god.

Sat, 11/03/2012 - 09:53 | Link to Comment Precious
Precious's picture

Dear Johnny:

No one legitimately needs gas.  No one legitimately needs cigarettes or guns either.  So the government must tax these things until the public really understands they don't need them anymore.  The government is here to take care of us after all.

Love,

Nanny

Sat, 11/03/2012 - 09:57 | Link to Comment GetZeeGold
GetZeeGold's picture

 

 

New York....meet Rollover.

 

By tonight that will seem cheap.

 

P.S. where did the New Yorkers get all those gas cans? Are they busing that crap in?

 

Sat, 11/03/2012 - 09:58 | Link to Comment Oquities
Oquities's picture

if the Fed gave every New Yawka a $1,000 debit card to go to the casino, this storm problem would be forgotten quickly.

Sat, 11/03/2012 - 10:12 | Link to Comment economics9698
economics9698's picture

Someone is going to get killed waiting in line for 6 hours. 

Price is there to provide the merchant with a profit AND efficiently ration resources.  Price ceilings create shortages.  Econ 101.

Anyone hear Beck tell Bloomberg to shove his 16 ounce Coke up his ass?

Bloomberg needs to get the fuck out of the way.  The tribe needs to STFU and stand the fuck down with their printing press political power.  The people can only take so much bull shit before there is a …when your tribe owns the printing press and can print whenever they want and get bailed out whenever they want its not hard to win the fucking game.  Sooner or later people will catch on Bloomberg.

 

Sat, 11/03/2012 - 10:19 | Link to Comment NotApplicable
NotApplicable's picture

So, in spite of the current environment, this person utilized two hours of their time in order to provide value to another person in order to recieve value in return.

Everyone involved benefits.

Sat, 11/03/2012 - 10:25 | Link to Comment Stackers
Stackers's picture

This should get pretty interesting when the Federal Reserve Note hyperinflates to toilet paper.

$10 million wheelbarrows ?

Sat, 11/03/2012 - 10:38 | Link to Comment hedgeless_horseman
hedgeless_horseman's picture

 

 

Sounds like you folks out East are finally figuring things out.  I am going for a long horseback ride, this morning, with Mrs. Horseman.

 

"There is nothing as good for the inside of a man as the outide of a horse."

-Hal Dahl

 

 

 

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Sat, 11/03/2012 - 10:45 | Link to Comment MachoMan
MachoMan's picture

There is nothing as good for the inside of a man as the outide[sic] of a horse

I'm pretty sure that quote is attributable to Mr. Hands?

Sat, 11/03/2012 - 11:15 | Link to Comment redpill
redpill's picture

Perhaps the "shoot us your best offer" line in the original ad was not the smartest nomenclature given the situation.

Sat, 11/03/2012 - 11:57 | Link to Comment flacon
flacon's picture

I think it's hilarious how "the tribe" who has the power to create money at will still finds it necessary to TAX us. Why don't they just print up the money that they would have gotten from taxes and we can all live in the "the tribe's" utopian world of make-believe where oceans turn into lemonade?

 

Imagine the limitless rise of GDP with endless printing and spending. 

 

Sat, 11/03/2012 - 11:59 | Link to Comment francis_sawyer
francis_sawyer's picture

Why did it just dawn on me that all those people waiting in gas lines were Goldman Sachs employees...

Sat, 11/03/2012 - 12:09 | Link to Comment TPTB_r_TBTF
TPTB_r_TBTF's picture

 

 

The income tax is not to generate revenue!

The income tax allows the oligarchs to see where the money is flowing.  Through the income tax system they can gain the necessary statistics to know which industries are generating the most cash flow so that they can take them over.

Also, your willingness to comply with the GovT's regulations is tested by the tax system.  Someone who doesnT pay the taxes owed is someone who doesnT obey laws - an Outlaw.  A tax evader becomes free labor in the prison system.

Plus, it is impossible for you to fully comply with the income-tax code; the tax code is simply too complex for you to comply correctly.  Therefore, should you get out of line, they can find something in the tax code which you are doing wrong and nail you.  You have freedom of speech; however, if you say the wrong thing, you will get nailed for tax evasion.

You are right, "they" donT need your money.  They can add money to their own accounts any time they desire.

Sat, 11/03/2012 - 15:50 | Link to Comment newengland
newengland's picture

TB...

Correct.

Sat, 11/03/2012 - 17:12 | Link to Comment economics9698
economics9698's picture

Fucking awesome TB.  that was a home run.

Sun, 11/04/2012 - 10:21 | Link to Comment Slightly Insane
Slightly Insane's picture

Interesting.  I find $25/gallon in a "hardship zone" not all that unreasonable.  I was just in Chicago (loop) and at a average resteraunt paid $10 for a Guiness draft in a bottle; which is 500% of standard retail (not necessarily a hardship zone - except for the Rahm Taxation).  Why should anyone be surprised.  At some time in the future, the fiat money will be useless, so I'm surprised that "John" didn't say will trade for 12 cans of Dinty Moore or Chili.  The interesting topic will be how these "shityites" decide that is better to exit the damaged "shitty" for the countryside.

Sun, 11/04/2012 - 13:27 | Link to Comment blunderdog
blunderdog's picture

Obviously, in order to evade any charge of "price gouging," the clever enterpreneur will simply sell gas YEAR 'ROUND for $25/gallon.

That way, come disaster-time, no one can reasonably accuse him of raising rates to take advantage of the situation.

Sat, 11/03/2012 - 11:05 | Link to Comment centerline
centerline's picture

Wow.  I am out of touch.  $67,185?  Damn.  That better be the "live-in" model.

Sat, 11/03/2012 - 11:13 | Link to Comment Tijuana Donkey Show
Tijuana Donkey Show's picture

It is in NJ. 

Sat, 11/03/2012 - 12:04 | Link to Comment Tombstone
Tombstone's picture

GM is about to bust the bank again.  The unions need every dollar they can get to save their worthless company.

Sat, 11/03/2012 - 13:04 | Link to Comment dark pools of soros
dark pools of soros's picture

if only unions were clever enough to dream up a label like 'kosher' instead of 'Made in USA' they would still retain their wealth

 

Sat, 11/03/2012 - 13:02 | Link to Comment Curt W
Curt W's picture

The ad would be much more compelling if they offered to trade for frozen meat and fresh vegetables.

Sat, 11/03/2012 - 10:27 | Link to Comment Manthong
Manthong's picture

More likely, gas station with instant access working with entrepreneurial mules to not let a crisis go to waste. 

Sat, 11/03/2012 - 11:58 | Link to Comment TPTB_r_TBTF
TPTB_r_TBTF's picture

.

 

Everyone involved benefits.


And if the seller pays capital-gains taxes,

then even those not involved can benefit!

Sat, 11/03/2012 - 12:23 | Link to Comment Matt
Matt's picture

It seems to me this individual did two hours of work for $10 per hour; it is important that they remember to pay their payroll taxes on this self-employment endevor they have created for themselves.

Sat, 11/03/2012 - 13:04 | Link to Comment Curt W
Curt W's picture

Selling stuff on craiglist is the new part-time employment in retail.

Go BLS

Sat, 11/03/2012 - 13:25 | Link to Comment Rapada
Rapada's picture

$25 PER GALLON - he has 5 gallons to sell, that better than $10 an hour

Sat, 11/03/2012 - 12:52 | Link to Comment Randall Cabot
Randall Cabot's picture

"Gov. Cuomo says the Department of Defense will set up emergency mobile fuel stations at five locations around the New York City metro area.

Free gasoline will be distributed, with a 10-gallon per-person limit, Cuomo announced at a briefing today. Cars and emergency service vehicles will be able to fill up directly from the 5,000-gallon trucks."

 

 

 

 

http://www.nypost.com/p/news/local/department_of_defense_setting_up_XK9Cli2PXUEFWZC0d8abMM   

Sat, 11/03/2012 - 20:26 | Link to Comment cynicalskeptic
cynicalskeptic's picture

THAT didn't last long - the masses were still getting po'd and impatient - and the cops, firemen and ambulances that NEEDDD gas couldn;t get any  (joe 6 pack gets upset when an ambulance was let in front of him).

Those tankers are pumping ONLY for 'first responders' now.  Meanwhile every gas station that gets a delivery has a line - with people topping off half and three-quarters full tanks.  mYou've got peopel from the Bronx driving up to Connecticut to fill up - using a quarter tank to get there and back - sheer mob lunacy.  By Monday everyone will have a full tank - and stations will all have gas - with nobody 'needing' to buy.

Real joke was everyone buying generators at Home Zdepot three days into the power outage - but NO GAS CANS - and NO GAS - anywhere.  No long extension cords either.   By law you can't pump gas into an unapproved container.....   same maroons who buy pumps for flooding when there are no hoses

I want to see how many peopleget electrocuted trying to jury rig setups - alread had tow kids killed by CO fumes from a generator.

 

 

 

Sat, 11/03/2012 - 10:02 | Link to Comment GetZeeGold
GetZeeGold's picture

 

 

Better just send them a $1000 cash....in case there's no power for the register.

 

There....our work is done here.

 

Sat, 11/03/2012 - 10:03 | Link to Comment Bicycle Repairman
Bicycle Repairman's picture

They should increase the tax on gas cans.

Sat, 11/03/2012 - 10:05 | Link to Comment GetZeeGold
GetZeeGold's picture

 

 

Seems only logical.

Sun, 11/04/2012 - 12:23 | Link to Comment roadhazard
roadhazard's picture

Those people getting gouged deserve it. They had a week to get ready and ended up with empty gas cans. Beyond stupid.

Sat, 11/03/2012 - 10:22 | Link to Comment max2205
max2205's picture

At that price you lose money and are working 40 hrs/week for nothing except health care

More will quit jobs.

Sat, 11/03/2012 - 11:27 | Link to Comment Gully Foyle
Gully Foyle's picture

Read it and weep bitches, because is what the majority of ZH babblers support. This is Capitalism and a Free Market in action. This what the faux Libertarians want, really they are simply small government Republicans.

Frankly I'm surprised the price is so low.

Sat, 11/03/2012 - 11:50 | Link to Comment disabledvet
disabledvet's picture

"it's all about the packaging"...i agree. Perhaps a lime green can to help improve sales? a more "stylized flourish" to the "can" effect? perhaps revert to "old school cans"? obviously...free shipping....

Sat, 11/03/2012 - 12:59 | Link to Comment LM
LM's picture

This person sacrificed 2 hours of his time and risked the line getting cut off. Another person can now choose to pay 20 dollars more instead of waiting 2 hours or even more in line and risk the line getting cut off. Please do tell, what's wrong with that exactly?

The damage could also have been contained if the government didn't meddle. The price ceilings for businesses cause shortages. If gas stations were allowed to rise prices, the incentive to import more gasoline would rise, actually countering both the prices you see here ánd the shortages. You can thank government intervention for that not happening. But hey, I guess that's what YOU support.

Sat, 11/03/2012 - 17:12 | Link to Comment blunderdog
blunderdog's picture

     This person sacrificed 2 hours of his time

It's called "investment," not "sacrifice."

There's an old (and apparently long-forgotten) economic concept known as "labor."

Sat, 11/03/2012 - 19:01 | Link to Comment RockyRacoon
RockyRacoon's picture

How can a bunch of common folk like us understand simple concepts like supply/demand, but highly educated (I use that word cautiously) modern economists don't?  Well, I'll narrow that question to the economists who actually have the high-paying govvy jobs. 

If the folks of New York knew that gas was going to go to $10, $20, or whatever, per gallon after the storm, doncha think some of them would have queued up for a little petrol beforehand?   Nope.  And the reason is that they knew the price "gouging" laws would be in effect.  Gas prices would be the same before and after. Problem is, nobody figgered there wouldn't BE any goddam gas pumps working.... no power, DUH.  

I have jerry cans full, laced with Stabil -- and a scooter!  Love my scooter.

Sun, 11/04/2012 - 13:30 | Link to Comment blunderdog
blunderdog's picture

     How can a bunch of common folk like us understand simple concepts like supply/demand, but highly educated (I use that word cautiously) modern economists don't?

They've probably just never encountered it in their daily lives.  I don't understand a damn thing about the grant-proposal process, myself.

Sat, 11/03/2012 - 09:47 | Link to Comment GMadScientist
GMadScientist's picture

"...or shoot us..."

I'd be careful with that language right about now...

Sat, 11/03/2012 - 09:53 | Link to Comment knowless
knowless's picture

exactly what i was thinking, but i also had trouble with the waiting "on" line part.

 

 

http://www.youtube.com/watch?v=ewRjZoRtu0Y&feature=youtube_gdata_player

Sat, 11/03/2012 - 09:48 | Link to Comment TeamDepends
TeamDepends's picture

Forward

Sat, 11/03/2012 - 09:48 | Link to Comment Sutton
Sutton's picture

Corzine,is that you?

Sat, 11/03/2012 - 09:48 | Link to Comment Seasmoke
Seasmoke's picture

I will take it. Please deliver to me in Hawaii

Sat, 11/03/2012 - 10:18 | Link to Comment WhiteHose
WhiteHose's picture

LMFAO!!!!

Sat, 11/03/2012 - 09:49 | Link to Comment Trimmed Hedge
Trimmed Hedge's picture

Is the gas can included?

Sat, 11/03/2012 - 10:23 | Link to Comment AssFire
AssFire's picture

Yes, can is included with a handy Zippo!

(If you select the self immolation package for $40)

Sat, 11/03/2012 - 09:49 | Link to Comment kaiserhoff
kaiserhoff's picture

The unsubsidized cost of urban living.

Sat, 11/03/2012 - 09:50 | Link to Comment JustObserving
JustObserving's picture

That's cheap

The Pentagon pays an average of $400 to put a gallon of fuel into a combat vehicle or aircraft in Afghanistan.

 

http://thehill.com/homenews/administration/63407-400gallon-gas-another-cost-of-war-in-afghanistan-

Sat, 11/03/2012 - 09:53 | Link to Comment Seasmoke
Seasmoke's picture

Does the Lt. Governor know about this .... She is not going to be happy about price gauging

Sat, 11/03/2012 - 09:59 | Link to Comment CPL
CPL's picture

What is she going to do about it?

 

Drive there with six cops pushing the car?

Sat, 11/03/2012 - 09:52 | Link to Comment I Am Not a Copp...
I Am Not a Copper Top's picture

A very sick joke.  I like it!!

Sat, 11/03/2012 - 09:52 | Link to Comment yellowsub
yellowsub's picture

If people don't mind the drive to central to south Jersey, they have 90% gas stations up and running.  No line or wait and the drive down and back woudl still be faster than waiting 2+ hours on line here and I don't think they have gas amount restrictions.

Sat, 11/03/2012 - 10:01 | Link to Comment TeamDepends
TeamDepends's picture

It's a really long push though.

Sat, 11/03/2012 - 10:23 | Link to Comment TeamDepends
TeamDepends's picture

Pushing is the new driving!  "Hey, check out our new canary yellow Hummer, it gets 25 feet/hr".  It'll do wonders for our collective waistline.

Sat, 11/03/2012 - 10:12 | Link to Comment fonzannoon
fonzannoon's picture

I have family down there. Thats where I am heading if need be. Most people used their gas getting back and forth to the mall 4 times. No one can make it down there.

Sat, 11/03/2012 - 10:20 | Link to Comment scatterbrains
scatterbrains's picture

That's great but these peeps waited until there low on gas warning lights clicked on before thinking about there next fill.  They wont make it to south jersey. 

Sat, 11/03/2012 - 09:55 | Link to Comment fonzannoon
fonzannoon's picture

i'd say a silver dime would have to be what...about $28 for it to continue to be RP silver dime for gallon of gas historical average?

Sat, 11/03/2012 - 10:00 | Link to Comment THX 1178
THX 1178's picture

so thats about 280-300$ per toz?

Sat, 11/03/2012 - 10:25 | Link to Comment max2205
max2205's picture

Get a big ass SUV or truck and install a gas tank. Go to NYC and retire next year. Weeeee

Sat, 11/03/2012 - 11:19 | Link to Comment CrockettAlmanac.com
CrockettAlmanac.com's picture

 

i'd say a silver dime would have to be what...about $28 for it to continue to be RP silver dime for gallon of gas historical average?

 

The post-Sandy situation does not reflect a historically average situation. So far.

Sat, 11/03/2012 - 09:57 | Link to Comment swissaustrian
swissaustrian's picture

Soon to be the new normal.

Sat, 11/03/2012 - 10:04 | Link to Comment crusty curmudgeon
crusty curmudgeon's picture

No, it's better for gas to be unavailable at $4 per gallon rather than plentiful at $25.  Rationing will be the new normal. See how they look out for us?

I wonder if they'll let me use WWII rationing stamps.

Sat, 11/03/2012 - 10:10 | Link to Comment fonzannoon
fonzannoon's picture

Rationing....correct. from my local paper "Cars can fill up directly from the 5,000-gallon trucks, which in Long Island will be at Freeport Armory at 63 Babylon Tpke., , Cuomo said Saturday. There is a 10-gallon limit per vehicle, he said."

Here is the key. It's more about stupidity. People are fkin dumb. I filled up 2 cars with gas Monday. I have one car full and another one 3/4 full. I am using one for need only based stuff. The other one is the get the fk outta here car. I told my wife to tell her job she was working remotely. The rest of her co workers burned through their gas getting back and forth to work so they can send emails and have coffee and share stories. Retarded. Most have since run out of gas. It is mind boggling. There are cars strewn everywhere. Even when they deliver gas to the stations most people don't have enough gas to get there.

You know whenever this gets back to normal no one will actually learn anything from it.

Sat, 11/03/2012 - 10:21 | Link to Comment crusty curmudgeon
crusty curmudgeon's picture

"You know whenever this gets back to normal no one will actually learn anything from it."

Sadly, that's true.  It is better to stick one's head in the sand than to spend time preparing. 

But what really gets me is how these same ostrich-like fools ridicule those who prepare.

Perhaps we can look forward to anti-stockpiling laws.  "That'll fix those hoarding bastards!"

Sat, 11/03/2012 - 10:24 | Link to Comment fonzannoon
fonzannoon's picture

right now they are blaming bloomberg,obama,the neighborhood next to them...everyone except themselves for using 3 brain cells and filling up their car Monday and just being slightly more efficient than usual.

Sat, 11/03/2012 - 10:55 | Link to Comment Totentänzerlied
Totentänzerlied's picture

The self-righteous indignation is the best part. How dare they not deliver me cheap gas, free food, free water, free housing, public transport, FEMA checks, etc. etc. etc. How dare they make me wait in line for 2 hours for gas!

You just fucking watch. By summer Long Beach and Coney Island will be baaack baby! Snap up those newly vacant shorefront homes and properties at firesale prices! People will still be driving around with 1/4-full tanks of gas commuting 30 mins to 2 hours to and from work (though probably paying $4.50 or so), living with basically no non-perishable food or reserves of potable water, no backup heating system, a pathetically inefficient generator with maybe 5 gallons of gas on handand best yet, probably living in a flood-plane, and still whining about how slow the gubmint was to bring help.

Like the Bourbons and the Keynesians, they learn nothing, and forget nothing.

Sat, 11/03/2012 - 11:35 | Link to Comment Michelle
Michelle's picture

You nailed it, the grand plan to get the poor off the valuable real estate and into the hands of the elites. Not to offend anyone but the old adage of "buy when there's blood in the streets" is true here, too.

Sat, 11/03/2012 - 10:23 | Link to Comment MsCreant
MsCreant's picture

fonzannoon, on the ground reporter.

Thanks. Keep them coming if you can. Your neighbors may not learn but I can.

Sat, 11/03/2012 - 10:44 | Link to Comment TeamDepends
TeamDepends's picture

Working remotely............  GENIUS.  Will employ this strategy Monday, thanks!

Sat, 11/03/2012 - 16:51 | Link to Comment blunderdog
blunderdog's picture

    It's more about stupidity. People are fkin dumb.

Pareto principle.  It doesn't take 100% of the people to sink the community--even if only 20% of people are fkin dumb, that's MORE THAN ENOUGH to saturate the situation w/dumbness and fuck everyone's world.

It only takes one dumbass to ruin a concert with 20,000 in the audience, too.

Sun, 11/04/2012 - 12:35 | Link to Comment RKDS
RKDS's picture

No, it's better for gas to be unavailable at $4 per gallon rather than plentiful at $25.  Rationing will be the new normal. See how they look out for us?

 

If you don't have $25, what's the difference?

Sat, 11/03/2012 - 10:03 | Link to Comment razorthin
razorthin's picture

"Shoot us your best offer"

Be careful what you ask for.

Sat, 11/03/2012 - 10:21 | Link to Comment Wakanda
Wakanda's picture

Or how you ask for it.

Sat, 11/03/2012 - 10:28 | Link to Comment machineh
machineh's picture

Best offer: ZERO.

We gonna grab yo gas and kick yo ass, muthuh.

Or sic NJ's fierce anti-gouging police on ya ...

Sat, 11/03/2012 - 10:10 | Link to Comment Reptil
Reptil's picture

$25 a gallon?
that's double of what gas costs here. (Netherlands)

Sat, 11/03/2012 - 13:58 | Link to Comment quartshort
quartshort's picture

b-b-b-ut does yours come in zip-lock baggies?

Gas will be worth more than drugs in that locale shortly. Never thought I'd see that!

I could foresee a run on generators and ordered one last week. I live in IDAHO and wanted one for winter, saw this storm and acted. It sits in the garage with gas- ready to go.  

What the hell is wrong with people?

Sat, 11/03/2012 - 14:45 | Link to Comment Michelle
Michelle's picture

And Idahoans wouldn't wait around for the government to take care of us!

Heating oil is the bigger problem:

  • Why do stocks matter in the Northeast? They are the nearest source of supply when anything unexpected occurs, and they supply a significant portion of demand during the peak heating season.
  • Stocks are normally an important part of PADD 1 winter distillate supply. Over the last 10 years, they provided about 15% of supply during the peak winter months of January and February. One of the biggest stock draws we have seen was in January 1994, when a prolonged severe cold spell required 666 MB/D of stocks, covering almost 36% of demand for that month.
  • Stocks supply the East Coast with about 260 MB/D on average in January and 280 MB/D in February. Those supplies represent draws of about 8 million barrels in one month.
  • PADD 1 refineries meet about 25% of demand during January and February, and other PADDs -- mostly PADD 3 -- supply 40-50% of the region’s needs.
  • Imports generally supply about as much as stocks during the peak months, with most of the product coming from Canada, the Virgin Islands and Venezuela. During the peak months, product from more distant sources also helps to supply the region.
  • Thus, about 60% of the East Coast’s supply comes from distant sources, so if cold weather increases demand, resupply from these distant sources can take several weeks.

Source: EIA/DOE

East Coast Distillate Fuel Oil Imports Historical Data: Oct. 26, 2012 25.00K Oct. 19, 2012 53.00K Oct. 12, 2012 37.00K Oct. 5, 2012 53.00K Nov. 4, 2011 102.00K Oct. 28, 2011 122.00K Oct. 21, 2011 133.00K Oct. 14, 2011 103.00K Oct. 7, 2011 109.00K

 

 

Sat, 11/03/2012 - 16:24 | Link to Comment quartshort
quartshort's picture

Thanks for that M. Good info.

I heat w/ oil because the landlord is too cheap to convert to the nat gas they ran up here a few years back. It is expensive but knowing I have a 275 gal store of engery is comforting when a 3 month cold snap commences. We had 8 ft of snow in a little over a week in the begining 08-09 season. Stayed till spring. No moaning and bitching. Our neighbors gave us some firewood when the power went out and I used the snowblower on his driveway. My wife & kids made them cookies when the lights came back on.

I know I am a bit of a dolt for waiting to get a generator till now but I have got some firewood now JIC. Fireplace here is open and inefficient so a generator will help.

Know your neighbors. Treat them better than well. How would you expect them to react in a stressful situation? Knowing the answer to that is worth as much as the precious when it comes time to hunker. Makes me sleep like a baby.

Sat, 11/03/2012 - 10:13 | Link to Comment Cassandra Syndrome
Cassandra Syndrome's picture

No doubt Paul Krugman is running around each if these stations pushing this tripe into the suppliers faces

http://www.tutor2u.net/economics/revision-notes/maximum-prices-2.jpg

 

Sat, 11/03/2012 - 10:15 | Link to Comment WhiteHose
WhiteHose's picture

"we have gas"! guess he has food too! why not sell that as well?

Sat, 11/03/2012 - 10:30 | Link to Comment machineh
machineh's picture

Why not sell --> steal that as well? -- fixed it for ya!

Sat, 11/03/2012 - 10:34 | Link to Comment WhiteHose
WhiteHose's picture

LOL! Exactly! Thx!

Sat, 11/03/2012 - 10:22 | Link to Comment Wakanda
Wakanda's picture

"In the meantime, welcome back supply and demand. We missed you..."

Price discovery - the new normal.

Sat, 11/03/2012 - 11:00 | Link to Comment Totentänzerlied
Totentänzerlied's picture

Mentioning Long Island specifically, the Nassau County Office of Consumer Affairs handles gas pricing and weighting (measurement) complaints, they go on raids and fine or shut down offending gas stations. This shit is taken VERY seriously by the plebs and pandering politicians. If anyone on the island is charging over $4.00 a gallon you can be sure they're being accused of price gouging. "Price discovery" means discovering what price is acceptable to the local government, nothing more.

Sat, 11/03/2012 - 11:38 | Link to Comment Winston Churchill
Winston Churchill's picture

Ah, but can they make you sell it.

Gas stations ,and everything else, just stopped selling here in Florida a few years

back when the Governor invoked the anti gauging rules.He quickly rescinded them.

Sat, 11/03/2012 - 11:59 | Link to Comment fuu
fuu's picture

That's good stuff right there.

Sat, 11/03/2012 - 16:56 | Link to Comment blunderdog
blunderdog's picture

It's tough to force someone to do something, but if it had gotten serious, he could've just seized the inventory with national guardsmen and distributed it.

This IS the USA we're talking about.

Sat, 11/03/2012 - 11:27 | Link to Comment falak pema
falak pema's picture

In an oligarchy controlled market like the oil products industry, good luck with that!

They hold the supply chain so mark up is a cinch when mother nature plays a helping hand! why rush to sell at 4 when you can at 14! 

Sat, 11/03/2012 - 10:23 | Link to Comment alfred b.
alfred b.'s picture

 

      Is Romney moonlighting?

 

Sat, 11/03/2012 - 11:25 | Link to Comment CrockettAlmanac.com
CrockettAlmanac.com's picture

Willis Romney?

Sat, 11/03/2012 - 10:30 | Link to Comment Catullus
Catullus's picture

This person, provided they're not a government scab on Craigslist, is a hero. People who defy the government edicts on rationing and price controls are heroes. Commerce between consenting adults. You won't see that next to a gay marriage voting proposition.

Sat, 11/03/2012 - 10:26 | Link to Comment FubarNation
FubarNation's picture

I'm amazed at how many stations did not have an electrical backup.  They had gas in the tanks but no way to pump it.

 

Amazon.com for a couple of hand pumps and Harbor Fright for a 12v electric jobby today.   If it happens here I'll be pumping with or without the grid.

 

Take note about what seems to be the biggest problem for most in the NE - fuel.  Store what you can and be ready for any shortages.  Stock up on Pri-G/D and get Nato cans - they keep gas the best.  Also can get 30 gallon racing fuel cells on Amazon for a reasonable price.

 

No excuse for any of us here to get caught short unless you are just fucking lazy or stupid.

Sat, 11/03/2012 - 10:31 | Link to Comment LetThemEatRand
LetThemEatRand's picture

So the oil and gas industry -- that is heavily subsidized by the taxpayer through everything from military commitments all over the world, to favorable lease deals on "public" land -- is the last best hope of the free market?   And the fact that someone can and does advertise gas for $25/gallon means that it cannot be done and it's all government's fault that there is a shortage after an historic storm?  Funny how the free market guys who hate other subsidized industries always think gasoline is somehow the ultimate cowboy free market fuel.  And funny how anyone thinks $25/gallon would somehow change anything, when there is little doubt that the wealthy are already snug as a bug and not worried about gas lines.  Guess it's the effective oligarch propaganda machine that has you guys fooled.  What's it like to know you've been played?

Sat, 11/03/2012 - 10:48 | Link to Comment nmewn
nmewn's picture

I thought all the public transit riding city dwellers wanted $25 a gallon gas so it would force the "green revolution" into becoming economically viable...what am missing here?

Get on your bikes and ride!!!

http://www.youtube.com/watch?v=VMnjF1O4eH0

Sat, 11/03/2012 - 10:51 | Link to Comment LetThemEatRand
LetThemEatRand's picture

Yep, go ahead and change the subject.

Sat, 11/03/2012 - 11:02 | Link to Comment Totentänzerlied
Totentänzerlied's picture

"What's it like to know you've been played?" You tell us.

Sat, 11/03/2012 - 11:07 | Link to Comment LetThemEatRand
LetThemEatRand's picture

More substantive reasoning.  Interesting point. Do continue, you've almost got me convinced.

Sat, 11/03/2012 - 11:29 | Link to Comment CrockettAlmanac.com
CrockettAlmanac.com's picture

Convince us. Throw price discovery out the window and start paying your employees a thousand dollars an hour because it's the warm and fuzzy thing to do.

Sat, 11/03/2012 - 11:32 | Link to Comment LetThemEatRand
LetThemEatRand's picture

Yee Haw!   I have no idea how to answer that the oil industry is one of the most non-free market, government subsidized industries on the planet, so I'll just fall back to sophomoric free market red meat platitudes.  Ride 'em cowboy!

Sat, 11/03/2012 - 11:34 | Link to Comment CrockettAlmanac.com
CrockettAlmanac.com's picture

I was talking about you. You think that price discover is unfair so why do you use it in order to not pay your employees more than they are worth?

Sat, 11/03/2012 - 11:40 | Link to Comment LetThemEatRand
LetThemEatRand's picture

Where do I say price discover[y] is unfair?

Sat, 11/03/2012 - 12:31 | Link to Comment CrockettAlmanac.com
CrockettAlmanac.com's picture

 

And the fact that someone can and does advertise gas for $25/gallon means that it cannot be done and it's all government's fault that there is a shortage after an historic storm?

 

Do you or do you not agree that price gouging laws enacted and enforced by government limit the desire of those who can provide supplies to stricken areas to actually do so?

Sat, 11/03/2012 - 13:12 | Link to Comment dark pools of soros
dark pools of soros's picture

when a country goes into massive debt on the notion it is 'providing for people' you must also think that a 400 pound lady maxxing out her credit cards to get even fatter is wise behavior

Sat, 11/03/2012 - 11:15 | Link to Comment nmewn
nmewn's picture

I thought interference with the market was the subject.

http://transportationnation.org/2012/11/02/explainer-the-jones-act/

Sat, 11/03/2012 - 11:27 | Link to Comment LetThemEatRand
LetThemEatRand's picture

So we're going to focus on trade constraints, and just ignore the cost of the military running around and maintaining the status quo, none of which is reflected in the price at the pump and therefore the profit margin of the majors?   And we're going to ignore favorable lease terms for the oil industry, and subsidization of things like cleaning up the enviroronment?   What the heck, I'm convinced.  Think I'll slap a big belt buckle on and gas up the pickup and drive down to the local watering hole and complain about socialism and subsidized green energy technology destroying America and how we need more free market.

Sat, 11/03/2012 - 13:14 | Link to Comment CrockettAlmanac.com
CrockettAlmanac.com's picture

 

So we're going to focus on trade constraints, and just ignore the cost of the military running around and maintaining the status quo, none of which is reflected in the price at the pump and therefore the profit margin of the majors?

 

Because it's not the government that uses the military to subsidize the oil indusrty. It's the market's fault.

Sat, 11/03/2012 - 16:59 | Link to Comment GoinFawr
GoinFawr's picture

 

"Because it's not the government that uses the military to subsidize the oil indusrty. It's the market's fault."

Your sarcasm is not quite misplaced enough this time. As usual, and as I am sure you are aware, your disinformation is half true, and your sardonic conclusion is a deliberate strawman. But, after all, stuffing bullshit into others' mouths is the echochambermaiden MO. Haw haw.

It's the plutocracy that owns the oil companies that USeans have allowed to purchase their gov't that uses the US military to subsidize their industry. Duh.

IE It's not the market's fault: it's YOURS!

Sat, 11/03/2012 - 19:10 | Link to Comment CrockettAlmanac.com
CrockettAlmanac.com's picture

Actually it's your fault because when folks get onto the truth about the evils of organizing society by force you come out of the woodwork with your snarky comments in an effort to delegitimize those who speak oput against the regime. Get back to Bloomberg's house, he's got a hot toddy and a warm bed all ready for you.

Sun, 11/04/2012 - 01:37 | Link to Comment GoinFawr
GoinFawr's picture

Oh spare us. Quit trying to pass off your lot's deliberate and repeated misrepresentations of reality as somehow a 'noble quest for ultimate truth with a side of freedom fries'. By the time you and the other decepticons get done giving each other reacharounds in your daisy chains of misinformation burbled out of both sides of your thick lipped gaping maws while cheering on hate spewing shit trolls who drop steaming coilers on anyone who dares call you or your gang on your fantasyland bs... by then 'Truth' has long since given up and gone to the pub for a pint.

Sun, 11/04/2012 - 11:43 | Link to Comment CrockettAlmanac.com
CrockettAlmanac.com's picture

You seem to think that people only come in one of two flavors, either red or blue. I've voted for Jerry Brown, Ralph Nader, Ron Paul and None of the Above in my day. Freedom fries, indeed! You ought to get out more often and see that people are not the cartoon figures you imagine them to be. Also realize that those of us who respect the individual rights of others will no longer accept the pain inflicted by statists such as you. Fuck you, your wars and your welfare.

Sun, 11/04/2012 - 13:20 | Link to Comment GoinFawr
GoinFawr's picture

 I'll have to go ahead and take 'none of the above' when it comes to all the strawmen you set up in order to knock them down.

 But thank you so very much for constantly pushing them at me and any one else who calls you out on your bs.

Sun, 11/04/2012 - 13:44 | Link to Comment CrockettAlmanac.com
CrockettAlmanac.com's picture

You associated my comments with those who created "freedom fries." Correcting your error is no strawman. I was a Democrat and opposed to the war at the time of the freedom fries issue. I sent money to antiwar groups and marched in the streets in protest. I voted for John Kerry as the 'anyone but Bush' alternative. In light of that can you present new evidence proving that I looked favorably on freedom fries as you originally asserted?

Sun, 11/04/2012 - 15:21 | Link to Comment GoinFawr
GoinFawr's picture

I meant 'freedom fries' in the 'hate everything France stands for' context. I would have thought that obvious to a self-purported 'anti-statist' like yourself.... but I'd bet you knew that all along anyway, and were just digging for another sidetrack to latch onto in order to derail the conversation by putting your opponent (in this instance:me) on the defensive; standard practice when you sense that you're being shown up.

FWIW I will stand shoulder to shoulder with you in your efforts to singlehandedly foment world peace, assuming we can reach some sort of mutual agreement regarding the MO.

But I will fight you tooth and nail to keep the public libraries (an eg. of 'welfare') open so that even those who weren't fortunate enough to inherit their initial stake still have a decent shot at self determination.

Fuck you and all your double standards, your false dichotomies, your imaginary absolutes, your hypocrisy, and most of all, fuck you and your pseudomeritocratic fantasies and their ARandian 'principles'; the practice of which hinge upon your own self service and personal convenience.

Sun, 11/04/2012 - 16:30 | Link to Comment CrockettAlmanac.com
CrockettAlmanac.com's picture

I'm not a mind reader. Don't expect me to be able to extract your intended meaning when you ramble on about freedom fries and god knows what else in your effort to legitimize the unjust wars and prisons of the state. All those poor lil chilluns who get to read at your fancy government libraries will likely not find that a decent trade off for the elimination of their freedom and well being. Not to mention all the foreign kids murdered by your beloved government.

Mon, 11/05/2012 - 14:27 | Link to Comment GoinFawr
GoinFawr's picture

 "Chilluns...."?

How old are you? So you think you've been that age your whole life do you?

But I do appreciate you laying out just how committed you actually are to everyone having the right to the opportunity for 'self determination': only so far as it remains a convenient platitude you can cite to garner support for your iself-serving religion. Ayn Rand would be so proud.

As for the rest: WHAT?!

Mon, 11/05/2012 - 14:29 | Link to Comment CrockettAlmanac.com
CrockettAlmanac.com's picture

Yep, keep telling yourself that supporting a government which kills millions of innocent people is "worth it," as your fellow statist Madeline Albright would say, because it enables children to get access to publicly funded libraries.

Have a great day, killer.

 

http://www.youtube.com/watch?v=FbIX1CP9qr4

 

Mon, 11/05/2012 - 17:29 | Link to Comment GoinFawr
GoinFawr's picture

Your syllogism fails:

Just because one gov't kills while it simultaneously supports public libraries doesn't mean you get to deduce that all publicly funded libraries are supported by gov'ts that kill. Nor does it allow you to conclude that publicly funded libraries cause gov'ts to kill, or whatever other ridiculous irrational notion you might be calling an 'invioble truth' next, for that matter.

Viszlat, 'ignorance is strength'er

Mon, 11/05/2012 - 17:42 | Link to Comment CrockettAlmanac.com
CrockettAlmanac.com's picture

All government is predicated on the use of force. If you permit government to use violence in order to fund public libraries then you have sanctioned a violent government. It is what it is and you really can't pretend otherwise.

And by the way, it is possible to have free libraries through voluntary cooperation. Did you think that men with guns was the only way to get a book into a child's hands?

Mon, 11/05/2012 - 21:43 | Link to Comment GoinFawr
GoinFawr's picture

"All government is predicated on the use of force"

But 'voluntary cooperation' is a form of gov't, which contradicts your 'principle'. As utterly unrealistic as it is as an absolute, I have to admit it sure sounds nice. Like most ideals.

The involuntary part of any group interaction comes when you look past the impossible Marxist/Anarchist ideal to the reality: the ability to reach consensus on practically any subject is inversely proportional to the number of individuals affected by the decision. And the limits are tight, so it doesn't take a whole lot of folks to gather before consensus is practically impossible to reach on most subjects. Which means that in order for the group to function, some people will always have to go along with decisions involuntrarily.

In addition to the impossibility of reaching absolute consensus on any meaningful scale when you're talking about populations in the billions, is the fact that there exists a certain percentage of the human population that is devoid of empathy, selfishly ruthless and unscrupulous; these require forcing/coercing. The undeniable existence of these creatures is what ultimately spoils the ideal for the rest of us.

The result is that the best humanity can do is mostly voluntary cooperation. With a heaping helping of diligent civil oversight.

The implication that because you are obligated to pay taxes, and that there are consequences for refusing to do so, is the equivalent of murder is on the far side of ridiculous. Just because you see 'obligation as the bane of freedom' or whatever, doesn't negate the compunction of responsibility.

"Did you think that men with guns was the only way to get a book into a child's hands?"

No, I'm sure they could buy them, if their parents could afford it. And those that could would be able to give their children a distinct advantage at self determining themselves over those children who had parents that could not. Should an unfortunate dare to borrow a book without paying they'd better watch out though, because guns aren't just great at getting books into a child's hands, you know.

"And by the way, it is possible to have free libraries through voluntary cooperation" Hahaha! Hey pal, nothing is 'free' you know. I imagine in a privately operated library you'd have to read a whole lot of Oprah's reco's before you'd be allowed to borrow Othello. In reality I'd bet most reasonable people think that they already are supporting libraries through voluntary cooperation. I personally don't know anyone who begrudges their tax dollars being spent on funding public libraries, but I guess I can now say that I've met at least one dramaqueen who is being dragged along unwillingly; you're such a martyr for everyone who already has the privilege of having access to the right of self determination. Hahaha! We're robbing you of the strength you could be deriving from the ignorance of the unfortunate! Honestly, no matter how hard I try I am unable to locate one single solitary f to give, but then, sometimes that is how MOSTLY voluntary cooperation goes. So sad.

But really, we all know that I am wasting my time here.  I suspect your pursuing this agenda has very little to do with 'freedom' and everything to do with protecting the well heeled; whether you're merely a sycophant or not. That and propagating the Divine Right of Kings principle inherent to what you consider the 'sanctity' of private property.

While we are on the subject: in your fantazyland dreamworld of anitstatic anarcho whateveryercallingitnowism, who exactly enforces your sacred private property rights; do public property rights even exist in your utopia? Or is the entire universe owned by some all encompassing private entity a priori? If it's the latter, who decides who gets the privilege of experiencing the initial windfall of the Divine Right of Kings? Is your plan to start off with the current status quo?

Power loves a vacuum, and wealth is power. Ironically (or not), the ultimate endgame of your religion is Might Makes Right, or More of the Same, regardless of whether or not you wish it to be.

Oh and don't worry, I'm not so naive as to expect your reply to actually speak to the relevant points I've made, or answer any of the pertinent questions I've asked, but I look forward to our next subject of discussion all the same. ,)

Mon, 11/05/2012 - 22:38 | Link to Comment CrockettAlmanac.com
CrockettAlmanac.com's picture

I can get your favorite urchin a copy of Othello for pennies. It's in the public domain. As Lennon said, "I tell them there's no problems, only solutions." Life is not so difficult that individuals must ask an armed and violent elite class to make their decisions for them. Don't you yearn to be free to live as best you can and see your fellows do the same?

Tue, 11/06/2012 - 00:03 | Link to Comment GoinFawr
GoinFawr's picture

Ok, bad example... one of N Ferguson's Ode to the Banksters  then.

"Life is not so difficult that individuals must ask an armed and violent elite class to make their decisions for them"

No, it's not a matter of asking 'elites' to make decisions for us. We make the decisions and it's the elected official's obligation to act in the best interests of them. It's a matter of public servants performing the duties and tasks we're ostensibly paying them to do. That is the responsibility of gov't. They answer to us, not us to them. That's a big difference from what you're suggesting.

The problem is that isn't happening because an ever increasingly powerful/wealthy armed and violent self entitled 'elite' class has taken over what was once owned by the masses, and is using the power that is rightfully the peoples' to make decisions that serve their own selfish interests, even though they have no mandate from the people do so.

Your vision is their wet dream, because it would effectively remove any lingering vestige of public scrutiny left.  Which is why I am deeply suspicious of anyone who pushes it.

The only way your ideal could have any chance of lasting success involves something that I can guarantee you won't like...

Tue, 11/06/2012 - 00:11 | Link to Comment CrockettAlmanac.com
CrockettAlmanac.com's picture

There is absolutely no way you can select a power hungry class of individuals to rule over you with jails and guns and expect them to act as your servants. It's always been that way. As individuals who look out for other individuals we have a chance to live a prosperous and satisfying life. It's just a chance but it's a far better choice than voluntary enslavement.

Soothing oneself with the notion that your jailor is your servant is cold comfort. At the very least it would be nice if my fellow prisoners didn't call the guards should I attempt escape.

Tue, 11/06/2012 - 00:57 | Link to Comment GoinFawr
GoinFawr's picture

"There is absolutely no way you can select a power hungry class of individuals to rule over you with jails and guns and expect them to act as your servants. It's always been that way."

Nicely phrased. I liked the universal character assassination in particular. All known falses, of course, but I can see how you would require those sort of constructs to keep the pretense up. I suggest you lay off the Rothbard for awhile and read this: http://www.vincentlam.ca/tommy-douglas.php  Warning: it could do irreperable damage to your ideologically induced love of being a victim.

 "As individuals who look out for other individuals we have a chance to live a prosperous and satisfying life"

Wait a second, I thought you thought it was patently ridiculous to believe that acting unselfishly or self sacrifice for the benefit of another were traits inherent to humans; I was under the impression that you thought everyone acting in their own self interest at all times was for the best, because that way everything just has to always work out equitably for you, or something like that. So which is it really?

'voluntary enslavement' isn't really the same thing as electing an official to perform a public duty and them turning on you,  now is it? Maybe if you were talking about someone joining the military...

"Soothing oneself with the notion that your jailor is your servant is cold comfort. At the very least it would be nice if my fellow prisoners didn't call the guards should I attempt escape."

Yeeah, a bit prosy, no? But I thin I get the metaphor: Taxes are your prison, regulations the prosecution, and Public Library patrons are your jailors. Wilt thou ever be free? Thou art indeud so very hard done by... 

So, anyway, what did you have for dinner tonight? 

 

 

 

Tue, 11/06/2012 - 13:15 | Link to Comment CrockettAlmanac.com
CrockettAlmanac.com's picture

 

 

Wait a second, I thought you thought it was patently ridiculous to believe that acting unselfishly or self sacrifice for the benefit of another were traits inherent to humans; I was under the impression that you thought everyone acting in their own self interest at all times was for the best, because that way everything just has to always work out equitably for you, or something like that. So which is it really?

 

It's as if you don't see the difference between helping people you actually know overcome problems in their life and being forced to give money to the government so that they can "help" people by bombing them into freedom, imprisoning them because of the products they chose to consume, sterilizing them, conducting medical experiments on them without their knowledge, etc.  You labor under the weight of many false impression about me and the world around you.

Sat, 11/03/2012 - 17:00 | Link to Comment blunderdog
blunderdog's picture

You've started a religious argument, LTER.  Don't expect any rationality here.

Sat, 11/03/2012 - 19:15 | Link to Comment CrockettAlmanac.com
CrockettAlmanac.com's picture

Because it's rational to have faith that strangers have your best interests at heart and will always work hard in your interest rather than thier own. It's just plain holy roller crazy to believe that individuals have a right to make voluntary arrangements with each other in order to fulfill their needs.

Sun, 11/04/2012 - 05:42 | Link to Comment GoinFawr
GoinFawr's picture

And that folks is how simple the world appears to one CrockettAlmananac(dotcom).

I always love the use of the universal 'always'; employed in this case to make the first supposition appear ridiculously impossible, even though the selflessness it represents is quite common, and in my opinion one of the more honourable tendencies inherent to humanity. As a rule it's prevalence is inversely proportional to material wealth; and completely inversely proportional to selfishness. See, no 'blind faith' in CA's manufactured absolute is required because it is a question of degrees, not the 'all or nothing' CA asserts. It's a worthwhile exercise to consider where CA and the rest of the echochambermaidens might register on either of those sliding scales... Smack dab in the middle of the 'I'm all right so fuck all the rest' zones is my best guess; at least that is what their vanity would have us believe.

 Then we are presented with a platitude with which nobody on earth would disagree; the implication being that anyone who has a problem with anything that CA ever has written or ever will or could write simply must be against any and all forms of mutual consent, regardless of how mutually consenting the agreement might be. Which, of course, is something absolutely no one is actually suggesting.

To summarize: CA is claiming that there are two types of people, those  who believe that everybody does everything for everyone else with never a thought for their own well being, and those who believe that every mutual agreement works out equitably for everyone involved and consensus is always possible regardless of the number of individuals affected by an agreement.

Conclusion: all extremists are batshit loopy.

Sun, 11/04/2012 - 11:45 | Link to Comment CrockettAlmanac.com
CrockettAlmanac.com's picture

I am claiming that there are seven billion types of people currently living on the planet. Each of them has a right to self determination no matter how many webs you would spin to enslave them.

Sun, 11/04/2012 - 13:25 | Link to Comment GoinFawr
GoinFawr's picture

No Mr.Batshit Loopy, that's what you're claiming now.

Well, that and a fresh load of baseless crap you've fabricated about me.

Sun, 11/04/2012 - 13:38 | Link to Comment CrockettAlmanac.com
CrockettAlmanac.com's picture

Apparently you are hearing voices in your head and attributing them to me. You better have that checked.

Mon, 11/05/2012 - 17:51 | Link to Comment GoinFawr
GoinFawr's picture

Apparently your addled brain isn't completely processing what your finger types. You'd better have that removed (j/k, I wouldn't have you any other way.)

Mon, 11/05/2012 - 22:28 | Link to Comment CrockettAlmanac.com
CrockettAlmanac.com's picture

Please provide documentation of statements showing my desire to stop any individual from being free to make their own decisions.

Sun, 11/04/2012 - 13:42 | Link to Comment blunderdog
blunderdog's picture

The irrational bit is this:

You and your kind assert that "capitalism" (which you don't ever define) is a PERFECT system which leads to economic paradise.  Despite this perfection, "capitalism" has NEVER EXISTED throughout history--all the problems which have ever occurred in the past were the results of imperfect implementations of capitalist principles and/or failure to adhere to the crystalline "capitalism" that you claim to envision.

That's what makes this a religious argument.  "Capitalism" in your world is 100% equivalent to "heaven," and it's a matter of faith (and faith alone) that it is the solution to all economic problems.

Despite your later claim that there are 7 billion on the planet with different desires, you already know that most of them are "wrong" because they lack your understanding of "capitalism."

What is that if not religious zealotry?

(Not that I mean to put you on the spot.  Let's hear what you'd prefer to talk about instead.  I've learned not to expect a response that has anything to do with the content of this post.)

Sun, 11/04/2012 - 16:33 | Link to Comment CrockettAlmanac.com
CrockettAlmanac.com's picture

Please provide documentation showing that those who promote free markets on this site have claimed that such a system is "perfect." I'll wait.

Sun, 11/04/2012 - 17:37 | Link to Comment blunderdog
blunderdog's picture

Now you want to discuss "free markets" and not capitalism?

Well, anyway, I have the documentation--I've read it before, and I'm sure you wouldn't want me taking your work here out of context, so here you go:

http://www.zerohedge.com/notifications/subscribe/22393/author/author/186...

Sun, 11/04/2012 - 21:12 | Link to Comment CrockettAlmanac.com
CrockettAlmanac.com's picture

When I click that link it says:

Access denied

You are not authorized to access this page.

Keep up the good work.

Sun, 11/04/2012 - 21:16 | Link to Comment blunderdog
blunderdog's picture

You don't need it, anyway.  You WROTE all that crap.

Sat, 11/03/2012 - 11:29 | Link to Comment crusty curmudgeon
crusty curmudgeon's picture

This isn't about the wealthy it's about ordinary people being able to buy gas.  It's about the free market that allows people to make a bigger profit than normal by selling to people who desperately want that product and who are willing to voluntarily fork over money for it.

But for you moral busibodies, it is better to see an "honest" gas station charging $4/gal with "No Gas!" signs than someone selling as much gas as people need for $25/gal.

Oh, and "heavily subsidized by the taxpayer" makes you the most ignorant troll I've ever seen.  The government makes more money off gas than the gas industry itself.  Or perhaps "subsidized" doesn't mean what you think it means.

Sat, 11/03/2012 - 11:39 | Link to Comment LetThemEatRand
LetThemEatRand's picture

"The government makes more money off gas than the gas industry itself."

Really?   Not if you count the cost of our military running around the world and opening up new oil fields to the majors (e.g., Iraq), providing cheap or free leases to drill on public land, building roads and other infrastructure to allow the status quo of gas powered cars moving people around, etc.

And where did I say I am against charging more for gas to reflect the true cost?  

Sat, 11/03/2012 - 11:48 | Link to Comment crusty curmudgeon
crusty curmudgeon's picture

Where did you say it?  Well, admittedly, your ranting is incomprehensible.  So let me ask you to explain just exactly what you meant by this gibberish:

"And the fact that someone can and does advertise gas for $25/gallon means that it cannot be done and it's all government's fault that there is a shortage after an historic storm?"

Nobody here is blaming the government for the storm.  They are blaming the government for making gas all but unavailable by imposing price controls.  It seems to me that's what you're implying. 

Sat, 11/03/2012 - 11:57 | Link to Comment J in Vegas
J in Vegas's picture

I think its time for me to get another two 5 gallon gas containers. I already have 1 but I think 2 more is in order. Off to the store on Monday to update the disaster supplies. Las Vegas is pretty disaster proof, but L.A. isn't and when the big one hits there and  I-15 is destroyed (no food), and the gas pipeline from L.A. to Las vegas is ruptured which carries 90% of the gasoline sold in Las Vegas, I want to be prepared. Plus I have the Volt so I will just plug in the car and taunt the sheeple waiting in line for gas for hours and hours.

Sat, 11/03/2012 - 12:10 | Link to Comment CrockettAlmanac.com
CrockettAlmanac.com's picture

These are nice and far less expensive than anything I've found locally.

 

http://www.sportsmansguide.com/net/cb/us-military-style-20l-5-1-4-gal-je...

Sat, 11/03/2012 - 12:09 | Link to Comment fuu
fuu's picture

"So the oil and gas industry -- that is heavily subsidized by the taxpayer through everything from military commitments all over the world, to favorable lease deals on "public" land -- is the last best hope of the free market?"

 

I thought the dude on craigslist being a market maker in post-disaster unleaded was the last great hope. No fucking algos in that market.

 

 

Sat, 11/03/2012 - 15:48 | Link to Comment Beam Me Up Scotty
Beam Me Up Scotty's picture

Big oil doesn't own all the gas stations though. Independents can't buy gas at $4 a gallon and sell it for $4.05. The retailer makes the smallest part of the revenue pie. Most credit card fees average almost 2.5%. At $4 a gallon that means Visa is making 10 cents per gallon. The credit card companies make more than the retailers do and they don't have to pay the help or the light bill or the insurance. If you want to talk about price gouging the credit card companies are a good place to start. And who owns them? The banks.

Sat, 11/03/2012 - 10:28 | Link to Comment Grimbert
Grimbert's picture

google "25 usd per us gallon in gbp per litre"

£4.12, less than 3x what we normally pay. 

Sat, 11/03/2012 - 10:36 | Link to Comment adr
adr's picture

Each gallon only has between a $.30-.70 tax on the fuel. What is the tax on each litre for you?

Sat, 11/03/2012 - 16:44 | Link to Comment GoinFawr
GoinFawr's picture

Er that tithe is separate from what the plutocrats' jolly green giants with guns charge you via taxes to roam the planet and coerce the weak into giving away their valuable shit below cost. Better add that to the price of your gallon if you don't want to come off as disingenuous.

Sat, 11/03/2012 - 11:55 | Link to Comment smiler03
smiler03's picture

Grimbert. I think you meant to say "MORE than 3x what we normally pay" ?

(UK price approx £1.35/litre, US Gallon = 0.8327 Imperial Gallons, $25.00 = £15.60)

 

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