3 years ago when oil was 140 a barrel ane gasoline ws 1.80 a gallon, compared to today when gas is near 4.00 a gallon and oil is 40 dollars a barrel, the idea oligopoly, laws and price fixing is not going on unprosecuted is an interesting element of criminality currently in power. I am not wearing a tinfoil hat so the facts may be kinda sleazy
plugincar.com reports slightly over 400 electric vehicles were sold in Jan, 2012, the volt, leaf, tesla, etc, will probably be history, unless some new source of stored elictricity is discovered, providing a car where customers meet the economical justification criteria required to survive in a customer based economy, unless a tinfoil hat electric vehicle. becomes avaiabe, sent to the customers in an email, after half the money is deposited with the express agreement the paying customer may not get the email or merchandise unless the wright tinfoil hat is worn, for sale by the same sulpplier who must agree to buy the tinfoil hat, after depositing half the money up fromt, with the express agreement the customer may not get the email or the tinfoil hat, unless they buy enough common shares in the uocoming tinfoilhat IPO, currently in the approval stage of the NYSE, available on the internet, sent by email under the express agreement half the money must be deposited up front with the express agreement the email containing the common shares may not arrive and the IPO may be withdrawn or disapproved, after approval, ha ?
not understanding the alien element of the tinfoin hat, gold email who reported it without suppling any source of credibility in the oneliner, i decided to supply more data on the golden idea of a tinfoil hat that may or may not be: tin, foil, or hat
Just to correct you before I abandon this useless discourse. Lyndon Johnson, the person who declared war upon poverty, is the fellow who opened the Lock Box of Social Security to the vagries of every petty politician. He and his minions, not George Bush began the squandering of your and my "nest egg". (oops I forgot, our "entitlement") I recall vividly Johnson's reply to a real Reporter (not a fawning, cool aide drinking talking head) when asked about the poor performance of the Federal Government is dispensing money to the poor. Johnson's response...We will put so much money into the system so that some of it will HAVE to get to the poor. Nice attitude, huh? You see, back then, when the average age of the country was about 19 years old, the Social Security System was gorged with cash. Cash that the Politicians just couldn't keep their hands off. THAT attitude and the attitude that the current administration continues, not George Bush, was the beginning of the rape of our legacy. These progressives are arrogant, ignorant incompetent buffoons that have such a low disregard for their constitutants that they are not content with spending our legacy but now have embarlked upon destroying the legacies of our children and grandchildren. How can you ask the CEO of a corporation to "sacrifice" to lower your gas bill when your president refuses to cut the out of control spending on hmself and every ne're do well slug in the country....all to become re-elected.
It is clear to me that this discourse is futile. These people have indoctrinated and infected the general public to the point where mental blindness is the norm.
MMorgan; So you re-wrote my 'have no love for the opil companies' to 'hate the oil companies'. You misrepresent me.
I do agree with you that these are complex issues. I disagree with your statement that the administration 'vilifies the oil companies'. The Social Security Trust Fund was squandered by the George W Bush tax cuts and unjustified war with Iraq. Social Security is not an entitlement, and is being mis-represented by the Republicans and Conservatives who spent the trust and don't want to be held responsible. The purpose of taxes is supposed to be for the common good. You may not have children in public education, but you may 'use' more of the roads. You benefit from the Police, Emergency Servies et al. even if it is only once in a couple of years that you actually use them. We both agree that the tax system is broken, but for opposite reasons = I say that if you want the services, you must pay the taxes. From your statements I think you would decline to pay an optional Emergency Services Fee, and then complain when you called 9-1-1 and were told they couldn't respond because you were not a subscriber. The original personal exemption for income taxes was supposed to allow enough money before taxes to live. I think the basic exemption should be increased. Again, from your statements I think you would want to distribute the Federal Budget of $3,800,000,000,000.00 among the 313,000,000 Americans = 12,000.00 each. How do you propose a 5-year-old child would pay their share ?
These are difficult and complex issues, and the politicians don't want to deal with them for fear of offending their voting block.
I don't know why you think it is amazing. I believe I said that it is a complex issue and a "hate the oil companies" reaction, while easy is not genuine. I notice that you discount the fact that the administration that vilifies the oil companies is pandering to an enviornmetal radical constitutancy further exacerbating and limiting the free market in favor of "green energy" which is not yet proven.
The basis of all this arguing is not what appears on the surface. Everyone is frustrated by the bad economy, by the unfairness of a tax system that favors those that do not contribute and vilify those that do. The basic fact that is that the system has been corrupted by politicians that have decreed themselves an aristocracy to the detriment of the rest of the country. The govenrment has gorged itself on our taxes, has spent your and my money to get themselves re-elected and has decided that IT can decide what is better for us than we can for ourselves. It is not the oil companies, it is not the green energy companies, it is not the poor, it is the politicians.
Look at your paycheck, look at your property taxes, look at your sales tax, look at your gasoline tax and ask yourself if these geniuses have spent these taxes to benefit us or themselves. Look at the sad condition of the "Social Security" system you have been contributing to all of your life that was, ostensibly, to be invested for your benefit. Where is it? It's been spent to purchase votes by politicians to get themselves re-elected...and it continues. Now, the monies that we have been sending to Washington for our retirement has, conveniently, been re-defined as an "entitlement" in the true Marxist tradition.
I say, that 95% of the cost of everything is a tax. We are being taxed into oblivian and those taxes are being squandered to keep a group of ploiticians in power.
If you don't recognize that and you don't react to it, you are part of the problem.
MMorgan; It is amazing that you discount the facts that I think are important, and emphasize those I discount. I don't deny a company the requirement to make a profit. I do think the oil companies have benefitted from their influence on the political system to an unfair advantage. Remember, taxes on gasoline are supposed to be road taxes - to build roads. Remember your Economics 101 about the way a Monopoly Market behaves. The Free Market and Competition is supposed to be about free markets and competition. Do your critical thinking: remember that 'facts' are often chosen and presented in the manner that is most favorable to the author's opinion. You need to look at both sides and remember whose dog is in which fight. The 'truth' usually lies somewhere between the two extremes = the closer you are to either extreme usually means you are farther from the truth.
Employees are regularly asked to take pay cuts and reduced beneifits to help the company. Then when the company recovers the executives get a BIG bonus while the employees get nothing. Remember Chrysler ? US Airways ?
Is it wealth envy to disagree with an executive who says the Union Workers must lose their pensions and benefits, but the Executives deserve theirs ? And Executive pay has increased grossly proportionately more than Worker pay has.
I think that like all business, it IS the responsibility of the CEO to act in the best interest of his stockholders,( who are in fact, the "owners" often You and I) it is s fiduciary requirement imposed upon him by the same "country" that some want him to favor to the detriment of his company. It is the same for a sole propriership or small corporation. Do you sacrifice your company for the benefit of a country lead by politicans that impose conficatory taxes on you or do you operate your company for the benefit of yourself AND the employees that work for you. You don't often have the luxury to sacrifice your profit margin to the "common good". This whole issue is complex but if a company is not viable and profitable, the there is no money to pay the employees, no money to pay the employees...no employees no help to the economy. Do we ask the employees to sacrifice and accept lower wages for the "common good" as you are asking the Oil company executive? What do you think a fair return is on the investement of the oil company, what margin should they have and what return would you accept if your 401K held Exon stock and said, oh, we'll cut our profit margin to "help' the economy...and your 401K ends up in the tank?
Remember these oil companies that the administration chooses to villify provides an enormous stream of tax revenue, the government makes more money on a gallon of gasoline that the oil company. Otherwise the government wouldn't ban the importation of the European Fords and Volkswagons that get between 60 and 78 MPG.......would they?
I think it was the CEO of Exxon, when asked what he was doing about high oil prices hurting the economy, said his duty was to maximize profits for the company, and for the stock holders - he had NO duty to his country.
Also, during the 1970's, a friend was on a tanker in International Waters off New York, anxious to get home for Christmas. The ship was being held out of port, waiting for prices to rise. When the shortage was severe enough - profit maximization - the ship was finally brought in.
And there have been numerous 'expose's' of how oil companies contest owed duties and royalties, and manipulate records. While I don't like the idea of taxation to artificially inflate gasoline prices, I do believe the oil companies artificially inflate prices = 'charge what the market will bear'. As a vertically integrated industry, with only a few companies, with the same motives, supply, costs and profits can be manipulated.
A couple of years ago gasoline prices peaked, and there was a demand for fuel efficient and hybrid vehicles. What a coincidence that prices then dropped - the oil companies had found out the prices the market would bear. The oil companies balance supply and pricing to maximize profits, but also maintain market share, and that balancing has to consider whether the alternative - EV's etc, - become a viable option.
The oil companies may not be actively slowing progress on EV's, but it is in their best interest.
Truchard will be presented the award at the 2014 Golden Mousetrap Awards ceremony during the co-located events Pacific Design & Manufacturing, MD&M West, WestPack, PLASTEC West, Electronics West, ATX West, and AeroCon.
In a bid to boost the viability of lithium-based electric car batteries, a team at Lawrence Berkeley National Laboratory has developed a chemistry that could possibly double an EV’s driving range while cutting its battery cost in half.
For industrial control applications, or even a simple assembly line, that machine can go almost 24/7 without a break. But what happens when the task is a little more complex? That’s where the “smart” machine would come in. The smart machine is one that has some simple (or complex in some cases) processing capability to be able to adapt to changing conditions. Such machines are suited for a host of applications, including automotive, aerospace, defense, medical, computers and electronics, telecommunications, consumer goods, and so on. This discussion will examine what’s possible with smart machines, and what tradeoffs need to be made to implement such a solution.