Will someone please give me a logical explination

[hemas]

I'd just like to see it a little more controlled, as in I'd like to see a graph or table comparing growth and consumption vs. price. I'd place my bets that until around 2001 it was pretty predictable and now all bets are off.

Search an ya shall find...

As for prices before 2001, well at least where I live there hasn't been a big jump on gas prices. Just your gradual rise... Adn yes, in pure dough the price has about doubled in 10 years, but when you take inflation into account, it actually ain't exactly so.

[GoNads]

For more info... please try to tell me again that war has nothing at all to do with oil prices. Yes, I realize that developing countries like china and india have SOME part to play in the rise in pricing, but for fucksake, not all the oil in the world is in the middle east.

[stantonbum1]

Another link worth looking at:

http://www.econbrowser.com/archives/...ice_funda.html

[neck beard]

I'm lucky I live in a town like Whistler where I can bike or walk most everywhere, but for getting to work, and hauling around ladders, wood, paint etc I need my truck.

Then you have to start charging more for your ladders, wood and paint services. Rest assured the dude who delivers food to your supermarket will soon start charging more. So will the farmer. And the guy you charge more to will have to charge more to his customers. &etc.

The bright-ish side is that you may well have less competition at your competitions next year.

[hemas]

For more info... please try to tell me again that war has nothing at all to do with oil prices. Yes, I realize that developing countries like china and india have SOME part to play in the rise in pricing, but for fucksake, not all the oil in the world is in the middle east.

Well considering Iraq and Iran are pretty big oil productors, naturally a war in that region is going to stop the oil drilling. Which in turn will up the prices of futures, as crude oil supply decreases... That coupled with the fact that consumption is ever growing (see StAntons link, Asia & Oceania consume as much gassoline as the NA does... consumption has grewn more than 40% in 3 years in that region) -> really high prices at the pump.

As for the other oil in the world, well the infra just isn't there, or the production/separation (ie. Alberta shale oil) is much more expensive... Not to mention the fact that most oil resources in use (outside the Middle East) are pretty much tapped to the maximum and mostly used "domestically".

[Hugh Conway]

Its a rarity to drive the coquihalla or rogers pass during winter and NOT see semi's and cars in the ditches or overturned.

That's because a BC Drivers License = US Learners Permit It's good to know 100 days a year qualifies as "weekend warrior"

If a bigass truck driving around is the only way to do it, well, suck it up buttercup

[neck beard]

I don't know what the problem is. "They" will invent perpetual motion soon as at $4.21 per gallon it will become economically viable. Then on the weekend we just switch our cars and cows over to Perpetual Motion and FKNA.

[montanaskier]

not going away. Demand will remain until gas prices hit say 6 bucks or 7 bucks, at that time this fat lazy country of ours will finally start to back off on their precious cars, suvs, and trucks. More refineries, drilling in the US, these are not answers, those are temporary at best and at worst would have zero impact on price. Alternative energy is the answer, better mileage cars would help (and we are WAY behind other countries in MPG standards). Gas is still cheaper here than in almost every other country outside the middle east.

[GoNads]

Then you have to start charging more for your ladders, wood and paint services. Rest assured the dude who delivers food to your supermarket will soon start charging more. So will the farmer. And the guy you charge more to will have to charge more to his customers. &etc.

The bright-ish side is that you may well have less competition at your competitions next year.

Doubt that, us competitors cram into vehicles, sleep on floors and eat ramen all winter to make the tour possible. My roomates could tell you all sorts of sneaky things they do to keep costs minimal. I think the women's field alone was twice the size this year than it has been in years past. Registration for both SX and Big mtn sells out in hours so I highly doubt we'll see fewer athletes at events.

I realize that gas costs more for a truck + sled, and understand that it'll cost more than a jetta, but seriously, with big oil companies reaching RECORD profit margins DIRECTLY related to WAR AND KATRINA, I feel like I'm getting screwed while more CEO's stuff their pockets at my expense. A lot of price inflation based on hype, fear and misunderstanding from the general public.

"SAN RAMON, Calif. - Chevron Corp. said Friday its second-quarter earnings soared to a new high, but that wasn’t enough to satisfy investors whose expectations have been raised by the oil industry’s recent run of eye-popping profit. The company’s shares tumbled.

The San Ramon-based company earned $4.35 billion, or $1.97 per share, for the three months ended in June. That represented an 18 percent increase from net income of $3.68 billion, or $1.76 per share, at the same time last year.

It marks the company’s largest three-month profit in its 127-year history, eclipsing earnings of $4.14 billion registered in last year’s final quarter after energy prices spiked in the aftermath of hurricanes Katrina and Rita."

[nick > jesus]

did any one else the article in the new york times yesterday about how crude will hit $200 a barrel before dropping, and it wont drop until 2011

[neck beard]

... but seriously, with big oil companies reaching RECORD profit margins DIRECTLY related to WAR AND KATRINA, I feel like I'm getting screwed while more CEO's stuff their pockets at my expense. A lot of price inflation based on hype, fear and misunderstanding from the general public.

Nads, before someone gets frustrated with you let me say it again: its the DEMAND for oil vs the SUPPLY of oil that's making up most of today's price rises (wars and storms decrease supply, but they don't increase demand). Today's price is determined in a free and open market environment, discovery of dollar value of a mans property and the right to own or sell that property accordingly... it is essential to capitalism. If Ayn Rand were still alive she'd be rationally beating her eggs over it as we speak, nutbag that she was.

Glad to hear the comps will keep all comp'ers. Perhaps you could press for higher prize money or a better structured tour where travel expenses are minimised. As free market rules would have it, if competitors don't react to cost of travel, then don't expect the comp organisers to change a thing. Supply and demand, the same as oil.

[GoNads]

That's because a BC Drivers License = US Learners Permit It's good to know 100 days a year qualifies as "weekend warrior"

If a bigass truck driving around is the only way to do it, well, suck it up buttercup

I was wondering where I had seem similar verbal diarrhea spewing before, but oh wait you insulted the concept of "peace keeping" and turned a thread about an on-going genocide into a "my army is BIGGER than your army" pissing contest. If you hate Canada so much than stay the fuck out of it please, we don't need anymore of your type or the high horse you rode in on. I've met quite a few really nice Americans, and lived with 2 this winter. You sir are the type of guy that creates that negative stereotype that ruins it for the rest.

This thread was actually somewhat informative and enlightening until you decided to resort to your usual bullshit.

EDIT: FYI, twice now the driver of said flipped vehicles has been an american citizen, holding a WA license, so nice try again.

[philippeR]

I was checking Toyota canadian website and there's no diesel truck... Jeez.
In France, the guy who need to haul paint and wood and needs 4wd and off road capabilities will use a hilux with a 2.5 liter 120hp / 320Nm or a 3 liter 170 hp / 340 Nm engine. Good for 1 ton of load and averaging 30 mpg IRL use.
Otherwise he will use something like that

Good for, 35 / 40 mpg ?

You need more fuel efficient cars. The sad thruth is, you don't get them when fuel is cheap, because no one wants them.
Hell, I would be driving a full size V8 too, with cheap gas. V8s are fun.

[GoNads]

Nads, before someone gets frustrated with you let me say it again: its the DEMAND for oil vs the SUPPLY of oil that's making up most of today's price rises (wars and storms decrease supply, but they don't increase demand). Today's price is determined in a free and open market environment, discovery of dollar value of a mans property and the right to own or sell that property accordingly... it is essential to capitalism.

Glad to hear the comps will keep all comp'ers. Perhaps you could press for higher prize money or a better structured tour where travel expenses are minimised. As free market rules would have it, if competitors don't react to cost of travel, then don't expect the comp organisers to change a thing. Supply and demand, the same as oil.

The 48straight/jeep king of the mountain tour actually pays for athlete travel and accom, along with lift passes, food, concerts and and lots of shwag. I guess big mountain comps don't have the exposure or sponsor revenue to do so.

All the tables and information on oil supply vs demand shows a steady increase on both. The increase in demand (along with supply) rising sharper in the last while than say, 30 years ago.

http://www.wtrg.com/prices.htm

Yes, it's a free market, but it is still irritating to know that oil companies are breaking records in terms of profit. Supply and consumption for 2005 actually almost match. I realize that they're projecting prices for the future, but they don't need to be GOUGING to turn a profit.

[Hugh Conway]

V8s are fun.

They aren't just fun Frenchie. They are NorteAmericanos God given RIGHT

There's absolutely no possible way we could ever accomplish things without big pickup trucks And there's absolutely no reason for gas to cost more other than gouging. The Saudis should just give away their oil because we are such nice people. Comps don't pay enough? Get a real job.

[mnflyfish]

On the plus side, I've always wanted a Land Cruiser, been looking for quite a while now for the "right" truck. With the market being flooded now, I can get the LC and a little go-cart type car for the same price as the LC just 6 months ago. So a summer/decent roads car and the LC for when it's needed. Assuming we don't run out of oil, the LC will last the rest of my life now and I'm not quite 40. Just keep buying super mileage used cars for daily and keep the LC for major family trips and deer hunting.

Jay

[stantonbum1]

I realize that they're projecting prices for the future, but they don't need to be GOUGING to turn a profit.

Oil companies are not GOUGING, they are just making large profits because prices are high. They dont determine prices, the markets do.

Trying to place a cap on oil prices doesnt work either because suppliers then just take their oil elsewhere where they can get higher prices. It also creates a disincentive to increase production capacity - which hurts everyone in the long term.

[bklyn]

They aren't just fun Frenchie. They are NorteAmericanos God given RIGHT

There's absolutely no possible way we could ever accomplish things without big pickup trucks And there's absolutely no reason for gas to cost more other than gouging. The Saudis should just give away their oil because we are such nice people. Comps don't pay enough? Get a real job.

^^ sometimes it is better to offer solutions rather than criticism.
This, my friend, is one of those times.

[XtrPickels]

The fact that oil companies are reporting record profits has always irritated me. Its not that they are reporting profits, its that each quarter its RECORD profits.

[jm2e]

Isn't this what they do in the padded room?
I thought this was where we came to read skiing stuff.
This tires me out like some political attack show.

[Hugh Conway]

^^ sometimes it is better to offer solutions rather than criticism.
This, my friend, is one of those times.

Sometimes people don't realize the solutions they could implement until they come upon them themselves.

[AKPogue]

The fact that oil companies are reporting record profits has always irritated me. Its not that they are reporting profits, its that each quarter its RECORD profits.

I can't believe that oil companies would be getting record prices with the price of oil going up!! That is shocking!!!

[TyWebb]

The fact that oil companies are reporting record profits has always irritated me. Its not that they are reporting profits, its that each quarter its RECORD profits.

The real story here is that while Exxon reported Q1 RECORD profits, their stock dropped...because the profits weren't "record enough". That in a nutshell should tell the whole story about the free market economy.

Gonads, if you could paint houses and make an average profit margin of 50% per house rather than 30% per house and every other company was also making 50% margins, you wouldn't think twice about charging that higher price...it wouldn't seem like a "high" price, just THE price.

I hate high gas prices too, but from an economic standpoint, it simply is what it is...it will only ever be effected by our willingness to become more efficient and even then, that will most likely be offset by the Chinese's desire to have their hour in the proverbial sun.

**Interesting note...the Chinese government has regulated gas prices at $2.50 gallon...gas procured through dicey conditions in Africa and elsewhere. Some very interesting stories regarding their capitalist approach to foreign oil...it may be ugly, but right now, they are doing "ugly" better than the US.

[born2snowboard99]

Blame the sanders....

[TROLL-HOLE-E-O]

Thank you for your highly informative contribution to this thread. You remind me of the mural on the ceiling from one of the sled cabins up the duffy. "Die MEC-y die!"

I have my priorities in life, you have yours. I hope I you can fit all your skis, bikes, sled, camping gear, and the rest of the toys in your smart car. Oh yeah, and the rest of your family/roomates/friends too. Even if my mileage is 20% worse than yours I can still carry 6 passengers AND all their gear.

We crammed 6 people into my friends truck for the canadian bit mtn champs this year, and spent all of 40$ in gas each going 1500km and we didn't flip the ride like others in smaller, more "fuel efficient" vehicles. Let us not forget that most ski resorts are in MOUNTAINOUS ranges with WINTER conditions.


Point being, you chose to spend your money on your white picket fence, I chose to spend mine on my skiing 'career', which just so happens to involve lots of driving (30,000km this winter) in hazardous conditions (4/5 people in my house were in flipped vehicles in the last year en route to comps)

Gas prices have almost tripled. Yes, consumption has also gone up but I HIGHLY doubt it has tripled in the last 10 years.


The Athabasca Oil Sands are a large deposit of oil-rich bitumen, or extremely heavy crude oil, located in northern Alberta, Canada. Together, these oil sand deposits cover about 141,000 square kilometres (54,000 sq mi) of sparsely populated boreal forest and muskeg (peat bogs) and contain about 1.7 trillion barrels (270×109 m3) of bitumen in-place, comparable in magnitude to the world's proven reserves of conventional petroleum.

With current technology about 10% of these deposits, or about 170 billion barrels (27×109 m3) are considered to be economically recoverable at current prices, giving Canada oil reserves second in the world only to Saudi Arabia. The Athabasca deposit is the only large oil sands reservoir which is suitable for surface mining.


...at current extraction and with projected consumption rates this reserve is estimated to last 170 years.

I can understand a slow and steady increase that goes up with inflation or demand, but using 9-11, Iraq and Katrina as excuses to jack the price astronomically doesn't make sense.

I'm willing to pay more to play harder, as long as its justified. Oil companies are racking in RECORD profits, I love how most people on here are so quick to jump on the "its your fault, get a hybrid" bandwagon. Might as well stop eating red meat, did you know cow shit is even worse than my sled?

OUTSTANDING RETORT!
It's good to see very few blaming the oil compnies "greed". The oil companies make about 10 cents per gallon of gas they sell....therefore, if they gave up ALL of their "greed" gas would be a dime cheaper. Poke a few environmentally resposible holes in the ground in ANWAR and off the Atlantic and Pacific coasts, put up a few more refineries then see what happens to the price of gas. Look to the free market system to save the day, NOT the government.