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Acmlm's Board - I3 Archive - World Affairs/Debate - Thoughts on gas prices | New poll | | |
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Skreename Giant Red Paratroopa Since: 11-18-05 Last post: 6438 days Last view: 6431 days |
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I think it only qualifies as a monopoly if it's one (or several working together) company who controls everything. If there are several competing, it's not a monopoly-- even if they still can get away with (potential, I don't know if it happens) massive price-gouging for the lack of an alternative source.
Basically, if there are 5 companies competing something, and 4 of them sell something for 5.00, the one selling it for 4.99 would still be undercutting the rest--even if the product shouldn't rightfully be sold for anything greater than 2.00. They'd still be gouging prices, but they'd also still be competing and thus not be a monopoly. |
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Sinfjotle Lordly? No, not quite. Since: 11-17-05 From: Kansas Last post: 6433 days Last view: 6431 days |
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Price gouging is also illegal though. It's just that our current president used to work in an oil company. | |||
Kanop Gator Since: 05-14-06 From: Wherever whenever.. Last post: 6679 days Last view: 6679 days |
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The gas prices have gone through the roof, and past heaven...
I wish it can go to hell one day... |
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Arwon Bazu Since: 11-18-05 From: Randwick, Sydney, NSW, Australia Last post: 6433 days Last view: 6432 days |
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I think the word youse are looking for is "oligopoly" | |||
mattp Red Paratroopa Since: 03-04-06 Last post: 6696 days Last view: 6696 days |
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Don't the food companies have a monopoly on us? They are the only option when it comes to powering us... there's no competition. Isn't that by definition a monopoly? Just a thought. |
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Thexare Metal battleaxe Off to better places Since: 11-18-05 Last post: 6432 days Last view: 6431 days |
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Originally posted by mattp I see the point you're trying to make, but last I checked hunting is still legal. |
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Deleted User Banned Since: 05-08-06 Last post: None Last view: 6432 days |
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LOL, what kind of hunting?.... (edited by Bo_Do on 05-16-06 06:17 PM) |
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Skreename Giant Red Paratroopa Since: 11-18-05 Last post: 6438 days Last view: 6431 days |
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I don't really think that you can typically hunt enough to survive off of for long periods of time, so I don't think that comparison works too well. | |||
Tarale 2710 Affected by 'Princess Bitch-Face Syndrome' ++++!! Persona non grata Since: 11-17-05 From: Adelaide, Australia Last post: 6431 days Last view: 6431 days |
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You know, you don't have to hunt necessarily either -- I hear that it is actually possible to y'know... cultivate foodstuffs.... in the ground... y'know, those... vegetable... thingies and grains...and fruits....
You just want to eat all the cute, fuzzy, cuddly... tasty, MEATY critters, don't you? I know I do. Give me all your meats. Mmmm...meat. |
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Pandabear Gator Since: 05-16-06 Last post: 6708 days Last view: 6708 days |
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I think its getting really rediculous the gas prices. To take a driving trip down to North Carolina used to cost, maybe $200 tops? Just for the gas(gestimates)!~ But now, its about $600 which is why id rather choose flying... But, getting around the small city im in, its a pain because driving alot is just destroying like half of your paycheck...I find it to be rediculous | |||
Reshaper256 190 Since: 11-17-05 From: United States Last post: 6474 days Last view: 6431 days |
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Anyone else carpool? I've driven my girlfriend to college every single day that we had classes this year, so we split the cost of the gas. It's about a forty-mile drive round-trip. | |||
Tarale 2710 Affected by 'Princess Bitch-Face Syndrome' ++++!! Persona non grata Since: 11-17-05 From: Adelaide, Australia Last post: 6431 days Last view: 6431 days |
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Originally posted by Reshaper256 No, but I did when I worked at the same workplace as my former housemate. It was a good way to share the cost of driving in to work, and it's also nice to have companionship on your travel too Now I live alone I catch public transport instead. Which currently has a higher demand on it than usual -- a demand that our public transport authority seems not to be able to cope with well. |
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Skreename Giant Red Paratroopa Since: 11-18-05 Last post: 6438 days Last view: 6431 days |
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That actually tends to be the major reason why public transportation is unpopular... It's poorly done in a lot of areas, oftentimes having bad times to go from point A to point B, or even worse lacking routes altogether. On the other hand, when it's done well, it's VERY convenient... my college has a good public transportation system, and it's naturally very popular. | |||
Tarale 2710 Affected by 'Princess Bitch-Face Syndrome' ++++!! Persona non grata Since: 11-17-05 From: Adelaide, Australia Last post: 6431 days Last view: 6431 days |
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Originally posted by Skreename Our public transport is very.... inconsistent. Some areas are well covered, with lots of buses at regular intervals, meaning that you can generally catch a bus there with minimal waiting time, get a bus that isn't overly crowded, and get to where you need to go. Other areas are very inconsistently covered however, the buses are few and far between, travel weird routes and are overcrowded. I would dearly love for the department to have a good look at it and try to make things better because if petrol prices keep rising, people will start relying on public transport more, and more demand on the system in only making things worse. |
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Skreename Giant Red Paratroopa Since: 11-18-05 Last post: 6438 days Last view: 6431 days |
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I've heard the public transportation's pretty good over in Europe... would definitely explain how they survive on the massive gas prices. Anyone care to verify?
Yes, increased prices will naturally make public transportation more viable. |
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Young Guru Snifit Since: 11-18-05 From: Notre Dame, IN Last post: 6438 days Last view: 6431 days |
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Back to a slightly older topic in here, the difference between food services and energy providers is that there are many fold more food providers than energy providers. And energy providers are much more willing to work together to keep prices up. The only thing that keeps OPEC from gauging us even more is that Russia sometime steps in a says, "hey OPEC, we've got lot's of oil too and we're gonna screw you and under bid you by a whole lot." Then OPEC is forced to bring their prices down. And as it appears, many energy providers seem to have corupt financial dealings al a Enron and basically the colapse of all energy providers in California. For example, Enron posted for bankruptcy after having posted two years straight of increased profits. Now accounting like that just doesn't make any sense.
Sorry for the rant, I've got lots of pent up rage against the energy industry and it's inability to accept responsibility for itself and the welfare of the future of the world by refusing to do any meaningful research into renewable and clean energies. |
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Arwon Bazu Since: 11-18-05 From: Randwick, Sydney, NSW, Australia Last post: 6433 days Last view: 6432 days |
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You know, the funny thing is they actually do. Mate of mine studies petroleum engineering, it's surprising how progressive the thinking of the industry is, in some ways.
They know they've got a finite product and they need to diversify or be at the forefront of replacement options, or they go out of business. The trick for the energy companies is to stay on top of this to maintain their market dominance, without creating something that accidentally utterly undermines their market position. The renewables/alternative energy revolution when it comes will be sponsored by Big Oil. |
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NITIN Tektite Since: 03-17-06 From: Bangalore, India Last post: 6474 days Last view: 6431 days |
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We all need to stop using gasoline one day anyway. If the
big automotive companies start giving us AFFORDABLE cars using alternative technology, we can rid ourselves of this problem. The environment also will be safe. The thing that most of us can do right now is.........drive a small electric car. They're perfect for city driving -- small, light, easy to drive, etc. |
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drjayphd Torosu OW! BURNY! Since: 11-18-05 From: CT Last post: 6434 days Last view: 6432 days |
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Hey, at least they're pushing hybrid and FlexFuel (ethanol) cars. It's a start, but we're certainly no Brazil up here. | |||
Skreename Giant Red Paratroopa Since: 11-18-05 Last post: 6438 days Last view: 6431 days |
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I think the main reason that the alternative fuel source cars are so expensive is because they use technologies that aren't completely developed to the point of gasoline engines, and are therefore more expensive to both develop and build. This causes the price to increase for consumers as well.
Hybrid cars are a start, yes, but they do not have a worthwhile economic difference for the typical consumer to mandate their use over normal cars. |
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