11-21-2011, 03:47 PM
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#2
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Franchise Player
Join Date: Jun 2004
Location: Calgary
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Smile and nod, while simultaneously silently wondering if they understand supply and demand and how little retailers are actually making off of gas sales...
It tends to be how i respond to any of my friends who go on 9/11 tangents, some arguments are only worth having 14 times.
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11-21-2011, 03:48 PM
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#3
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Franchise Player
Join Date: Nov 2006
Location: Supporting Urban Sprawl
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Never argue with idiots, they always bring you down to thier level and beat you with experience
(I probably messed up the quote)
__________________
"Wake up, Luigi! The only time plumbers sleep on the job is when we're working by the hour."
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11-21-2011, 03:49 PM
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#4
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First Line Centre
Join Date: Oct 2010
Location: Deep South
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The faster you agree, the faster they drop it
__________________
Much like a sports ticker, you may feel obligated to read this
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11-21-2011, 03:50 PM
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#5
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Powerplay Quarterback
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Quote:
Originally Posted by TurnedTheCorner
When people you know are convinced that oil companies, fuel distributors, retailers and government are all part of one massive conspiracy to make sure the price at the pump in any given market seldom fluctuates and when it does, all pumps are back to a matching price within 12-36 hours -- how do you respond?
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ride my bike
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11-21-2011, 04:01 PM
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#6
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Franchise Player
Join Date: Apr 2008
Location: Calgary
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I carry hippie spray.
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11-21-2011, 04:12 PM
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#7
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Norm!
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Nod your head and then tell him that you have to make a phone call. Then leave the room and loudly say into your phone "The sky is black over London Square"
Then go back into the room with a nervous look on your face and tell him that you have to leave.
And then never visit him again.
__________________
My name is Ozymandias, King of Kings;
Look on my Works, ye Mighty, and despair!
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11-21-2011, 04:14 PM
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#8
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The new goggles also do nothing.
Join Date: Oct 2001
Location: Calgary
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__________________
Uncertainty is an uncomfortable position.
But certainty is an absurd one.
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11-21-2011, 07:03 PM
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#10
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#1 Goaltender
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I just tell them I smoke em if I got em...which is usually enough to confuse them.
__________________
-Scott
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11-21-2011, 08:03 PM
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#12
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Franchise Player
Join Date: Feb 2006
Location: Calgary, AB
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I agree with them.
__________________
Turn up the good, turn down the suck!
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11-21-2011, 08:04 PM
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#13
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Franchise Player
Join Date: Dec 2006
Location: Calgary, Alberta
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Maybe I'll be the lone voice here, (can't read SebC's chart), but gas prices are really tricky. Its not straight supply/demand as some have suggested. If that were true then we should've seen greatly reduced prices for the past few years. Its obviously not tied to oil either. When oil was at $34/bbl in 2008 the price of gas didn't drop nearly as much.
I don't think its pure price fixing, but I think that there are some questionable elements. The other thing is that Calgary is a much better place to be with gas at a $1/L than it is at $.75/L.
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11-21-2011, 08:09 PM
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#14
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Dances with Wolves
Join Date: Jun 2006
Location: Section 304
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Ask them if they've ever had to deal with the government in any capacity. Then ask them if they got the impression from that experience that the government is capable of committing a massive conspiracy involving multiple levels of anything.
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11-21-2011, 08:13 PM
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#15
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Lifetime Suspension
Join Date: Mar 2010
Location: Easter back on in Vancouver
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So no one questions that gas prices could be fixed? Or how about when it takes hours for the price to jump after oil goes up and weeks for the price to go down when the price of oil goes down?
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11-21-2011, 08:19 PM
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#16
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Franchise Player
Join Date: Jun 2004
Location: Calgary
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Quote:
Originally Posted by puckluck
So no one questions that gas prices could be fixed? Or how about when it takes hours for the price to jump after oil goes up and weeks for the price to go down when the price of oil goes down?
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Quote:
Originally Posted by Slava
Maybe I'll be the lone voice here, (can't read SebC's chart), but gas prices are really tricky. Its not straight supply/demand as some have suggested. If that were true then we should've seen greatly reduced prices for the past few years. Its obviously not tied to oil either. When oil was at $34/bbl in 2008 the price of gas didn't drop nearly as much.
I don't think its pure price fixing, but I think that there are some questionable elements. The other thing is that Calgary is a much better place to be with gas at a $1/L than it is at $.75/L.
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why do you believe the price of gas must go down proportionally, when the price of oil goes down? I'm pretty sure these companies are in the business of maximizing profits not charitably providing energy at the lowest possible price.
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11-21-2011, 08:38 PM
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#17
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The new goggles also do nothing.
Join Date: Oct 2001
Location: Calgary
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Quote:
Originally Posted by Slava
Maybe I'll be the lone voice here, (can't read SebC's chart), but gas prices are really tricky. Its not straight supply/demand as some have suggested. If that were true then we should've seen greatly reduced prices for the past few years. Its obviously not tied to oil either. When oil was at $34/bbl in 2008 the price of gas didn't drop nearly as much.
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It has been reduced the past few years, and it did drop a lot when oil was low. Not the same as oil percentage wise but I wouldn't expect that since there's a lot of costs in producing and delivering gas unrelated to the cost of oil.
Here's the graph:
__________________
Uncertainty is an uncomfortable position.
But certainty is an absurd one.
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11-21-2011, 08:49 PM
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#18
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Franchise Player
Join Date: Dec 2006
Location: Calgary, Alberta
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ya, and there is some correlation there, but there are definitely times where oil falls notably and the price of gas remains higher. Like I said, I don't think its price fixing, I just think its noticeable and evident. Its not supply and demand though; there is a more distinct profit motive than just that.
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11-21-2011, 08:58 PM
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#19
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Franchise Player
Join Date: Apr 2004
Location: Elbows Up!!
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how do i respond to gasoline price fixing allegations?
what? when did it get reduced to allegations?
on a more serious note...oligopolies tend to behave in exactly this manner. assuming that the costs of production are relatively similar, or similar enough, each will try to maximize profits in a way that doesn't encourage others to behave in too crazy a way with price cutting etc.
when people see "price fixing", they assume cartels or collusion; it doesn't have to be that way. sure...it could be those things...but most likely it is a band where each anticipates the moves of the others, given similar costs of production, and no one wants to get into a crazy price cutting war.
cell companies? now that's some "fixin'".
__________________
Franchise > Team > Player
Future historians will celebrate June 24, 2024 as the date when the timeline corrected itself.
Last edited by McG; 11-21-2011 at 09:30 PM.
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11-21-2011, 09:19 PM
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#20
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Crash and Bang Winger
Join Date: Dec 2010
Location: Victoria
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Price fixing is the term I would imagine a friend using who has no idea what they are talking about...
Sure, there is "price fixing" occurring. Prices are "fixed" according to the interplay between supply and demand. Of course, when you have an oligopoly facing one of the broadest and most inelastic demand sectors in the economy, you end up with short run potential for a large margin between production costs and consumer prices.
Add in the fact that government taxes the hell out of gasoline on a flat-rate basis and you have an imperative to drive prices upwards to salvage your profit margins. Edit: A large portion of gasoline is taxed on a flat-rate basis, not all.
I think high gas prices are great! They create an incentive for alternative modes of transportation and motivate consumers to consider other sources of energy.
If your friends are bitching about high gas prices and fixing schemes, tell them to ride a bike. It is a pretty easy solution to beat "the man".
Last edited by something; 11-21-2011 at 09:28 PM.
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