Big City Dogs offers $1 Spanish Dogs for the remainder of the Obama administration
Thanks to an anonymous reader who suggested the new title, which is a little catchier than the original of "Gas Back to Nearly $4/Gal, Bad News For... Big City Dogs? (Great News for Spanish Dog Lovers)"
that would be an incorrect assumption, based on reading a joke.
Would it be better if throughout the day we changed it? Maybe to something like "Big City Dogs Saves You Money While Boehner and Big Oil Continue to Ravage Your Wallet?"
It's amazing how many people think there's actually a difference between modern Republicans and Democrats. An hour of research outside of the mainstream media will show you that neither party practices what the preach. It's nothing more than a blame game. If you get your news and information from ANY of the mainstream media outlets, you're understanding of American politics is nothing more than an illusion. Happy grazing.
Do you remember a guy named Cheney? He and his cohart Bush was the first to allow the oild companies to raise the price of gasoline to the $4.00 level. Could it be because they are both heavily invested in the oil industry?
Oil prices were also MUCH higher when gas was $4 a gallon under Bush (peaked around $145 a barrel). Prices of oil now (hovering around $100 per barrel) show gas should be between 2.50 and 3.00 a gallon.
So, as BE so accurately pointed to, this price increase is in direct correlation to Obama's policies (and epic failure as a President...but everyone can already see that). Obama is completely lost right now. Unless you enjoy being his urinal cake, you'll be voting him out in 2012.
At the highest price for a barrel of oil, gas was averaging something like 4.15 a gallon.
Now oil is around $100 a barrel and gas prices were just recently around 4.15 a gallon.
Thus, doing the math...100/145=.69 (thus, $100 a barrel is 69% of the cost of $145 a barrel). So, .69 x 4.15 = 2.86.
Thus, gas should cost 2.86 a gallon based upon current oil prices. Why is it $4 a gallon? I may not be an economist, but clearly SOMETHING upset the balance. Hmm...We'll just think about that one a bit.
Hey "Well Duh" there are a few faults with your price reasoning...
For one the fluctuation of oil prices in the last 6 months have had very little to do with the classic supply demand, oil prices have been driven primarily by market speculation, now I'm not starting a 'let's blame wall street' argument, but market speculation has played a major role in the higher oil prices. When unrest broke out in the middle east (Tunisia/Egypt/Libya in particular) speculators feared there would be supply disruptions, thus the cost of crude on the commodity markets rose. As it has turned out, supply has been relatively unaffected and the price per barrel has slowly returned to market equilibrium.
The next problem with your price theory is you fail to appreciate the costs of refining oil into gasoline, even if oil is cheap it does not mean that the costs associated with refining crude into gasoline cannot fluctuate independently.
Also it is important to keep in mind that the oil price quoted on the news is generally WTI (west texas intermediate) crude. WTI is a grade of oil, it is considered "sweet crude" due to its low sulfur content, and as such is generally more expensive than other grades of oil such as Brent crude (which is starting to replace WTI as the grade most commonly quoted in regards to the price of a barrel of oil). In short, this means that the gasoline you bought at the gas station is not necessarily the derivative of WTI crude, it could have come from oil which was significantly cheaper.
So if people claim Bush was driving up gas prices to help his buddies out, how come people aren't complaining Obama is driving up gas prices for some reason as well? Assuming Stu is right, if the cost of refining oil into gas has gone up so significantly since Obama disgraced the oval office with his presence, what are the driving forces behind the independent fluctuation? Did hiring an employee all the sudden cost an extra 50%? Did all the employees get a raise of about 50%? Or is there some force in the government artificially inflating prices? Oh the questions the country faces while the greatest presidential failure this country has ever seen sits in power.
Anonymous is right about both the Dems and the Repubs being the same. It's all about politics and keeping their jobs. They are interested in themselves, not the country. They will accept and even encourage poor results for the average American as long as they benefit during the next election cycle.
Anonymous, on the other hand, is watching too much television. Think for yourself. The only ones that will lie to you more than the politicians are their "news" channels.
Great comments from anonymous people, many of whom love telling others how to live but can't get their own village/town/city/township/house in order.
Now I don't want you to get the wrong idea 7:34...
The main point I was making is that the price of oil does not equal X% the price of gasoline, there are a lot of other factors that are involved, such the cost of employees as you mentioned. The quality of oil that is being refined also plays a part in the cost of gasoline, it cost a lot more to refine lower grades of oil into gasoline that meet the standards set forth by the American Petroleum Institute than it does to refine higher grades like WTI or Brent.
As I stated before the main driver behind prices is market speculation, which is fueled by human assumption, emotion and complex computer algorithms. This speculation also accounts for small price jumps during holidays for instance, as it is assumed the demand of the commodity will be high, so the price is driven up in advance of any demand spikes even if there aren't any.
Computerized trading programs also play a role in this as they know when holidays are, and make purchases a few days in advance which causes trading programs which follow market trends to start buying when they detect other purchases taking place, and in a matter of a few hours the price has gone up across the country to compensate of the change in price even if there is no other economic reason to do so...
As far as the other discussion, who's worse dems or pubs, it really is all the same. It wasn't but 4 years ago, everyone was saying George Bush was the worst president ever, etc, etc, etc... 8 years before that Clinton was the worst president ever, etc, etc, etc...
Personally I think the government would work a lot better if being an elected official was an unpaid position, or at least paid no higher than what ever the median salary for an american is, that way the only reason you would want to be a "career politician" is if you truly cared about the country. Rather than a lot of politicians which I believe only care about having a cushy job, free health care, a fat paycheck, and invitations to all variety of social events amongst other things...
But I fear politics has always been this way since the first time a man told the others he knew best and they should let him take care of their problems... And I fear it always will be that way no matter what party or system we use, until we get to a point were our society is filled with upright and honest people that can work together as a team without the need for "leaders" telling us they know best and they'll take care of our problems.
Big City Dogs had nothing to do with the headline. We simply wanted to provide our customers something good during tough times with no political preference. The sign speaks for itself, with no mention of politics. Thanks, Kevin Finfrock, owner Big City Dogs
LOL HAHA oh shoot son!!!!!
ReplyDeletethe question is: will it EVER go below $3 again?
ReplyDelete$1 Spanish dogs for life.... defiantly bitter sweet
ReplyDeletemmmmmm ... spanish dogs
ReplyDelete@938: I'm inclined to wonder that, too. I also wondered it in '08 when prices were almost this high, but we did get a reprieve, if only temporarily.
ReplyDeleteI guess all we need is another giant market downturn!
I take it that Darke Journal is only for the conversative and/or republican with titles like this one.
ReplyDelete@1056:
ReplyDeletethat would be an incorrect assumption, based on reading a joke.
Would it be better if throughout the day we changed it? Maybe to something like "Big City Dogs Saves You Money While Boehner and Big Oil Continue to Ravage Your Wallet?"
@ JohnL..........I would leave out the reference to Boehner.
ReplyDelete@11:11 am
ReplyDeleteboehner should be the poster child for term limits!
It's amazing how many people think there's actually a difference between modern Republicans and Democrats. An hour of research outside of the mainstream media will show you that neither party practices what the preach. It's nothing more than a blame game. If you get your news and information from ANY of the mainstream media outlets, you're understanding of American politics is nothing more than an illusion. Happy grazing.
ReplyDeletehow about $1 gas and $4 spanish hotdogs instead!!
ReplyDeleteDo you remember a guy named Cheney? He and his cohart Bush was the first to allow the oild companies to raise the price of gasoline to the $4.00 level. Could it be because they are both heavily invested in the oil industry?
ReplyDeleteReally Bob, so I can expect the same blame aimed at Obama who's policies have caused the recent spike?
ReplyDeleteThank you BE and BOB for proving my point. Nothing more than a blame game. Obama this Bush that. BLAH BLAH BLAH...
ReplyDeleteGrow up and turn off your TV.
Oil prices were also MUCH higher when gas was $4 a gallon under Bush (peaked around $145 a barrel). Prices of oil now (hovering around $100 per barrel) show gas should be between 2.50 and 3.00 a gallon.
ReplyDeleteSo, as BE so accurately pointed to, this price increase is in direct correlation to Obama's policies (and epic failure as a President...but everyone can already see that). Obama is completely lost right now. Unless you enjoy being his urinal cake, you'll be voting him out in 2012.
At the highest price for a barrel of oil, gas was averaging something like 4.15 a gallon.
ReplyDeleteNow oil is around $100 a barrel and gas prices were just recently around 4.15 a gallon.
Thus, doing the math...100/145=.69 (thus, $100 a barrel is 69% of the cost of $145 a barrel). So, .69 x 4.15 = 2.86.
Thus, gas should cost 2.86 a gallon based upon current oil prices. Why is it $4 a gallon? I may not be an economist, but clearly SOMETHING upset the balance. Hmm...We'll just think about that one a bit.
you're all assuming the price of gas and the cost of a barrel of oil are directly proportional.
ReplyDeleteThe price of gas and it's elasticity are way more complex than that (most likely unnecessarily so, but so it goes)
Hey "Well Duh" there are a few faults with your price reasoning...
ReplyDeleteFor one the fluctuation of oil prices in the last 6 months have had very little to do with the classic supply demand, oil prices have been driven primarily by market speculation, now I'm not starting a 'let's blame wall street' argument, but market speculation has played a major role in the higher oil prices. When unrest broke out in the middle east (Tunisia/Egypt/Libya in particular) speculators feared there would be supply disruptions, thus the cost of crude on the commodity markets rose. As it has turned out, supply has been relatively unaffected and the price per barrel has slowly returned to market equilibrium.
The next problem with your price theory is you fail to appreciate the costs of refining oil into gasoline, even if oil is cheap it does not mean that the costs associated with refining crude into gasoline cannot fluctuate independently.
Also it is important to keep in mind that the oil price quoted on the news is generally WTI (west texas intermediate) crude. WTI is a grade of oil, it is considered "sweet crude" due to its low sulfur content, and as such is generally more expensive than other grades of oil such as Brent crude (which is starting to replace WTI as the grade most commonly quoted in regards to the price of a barrel of oil). In short, this means that the gasoline you bought at the gas station is not necessarily the derivative of WTI crude, it could have come from oil which was significantly cheaper.
So if people claim Bush was driving up gas prices to help his buddies out, how come people aren't complaining Obama is driving up gas prices for some reason as well? Assuming Stu is right, if the cost of refining oil into gas has gone up so significantly since Obama disgraced the oval office with his presence, what are the driving forces behind the independent fluctuation? Did hiring an employee all the sudden cost an extra 50%? Did all the employees get a raise of about 50%? Or is there some force in the government artificially inflating prices? Oh the questions the country faces while the greatest presidential failure this country has ever seen sits in power.
ReplyDeleteThis is like reading a never ending comic strip. Keep it up Darke Countians!!!
ReplyDeleteAnonymous is right about both the Dems and the Repubs being the same. It's all about politics and keeping their jobs. They are interested in themselves, not the country. They will accept and even encourage poor results for the average American as long as they benefit during the next election cycle.
ReplyDeleteAnonymous, on the other hand, is watching too much television. Think for yourself. The only ones that will lie to you more than the politicians are their "news" channels.
Great comments from anonymous people, many of whom love telling others how to live but can't get their own village/town/city/township/house in order.
Now I don't want you to get the wrong idea 7:34...
ReplyDeleteThe main point I was making is that the price of oil does not equal X% the price of gasoline, there are a lot of other factors that are involved, such the cost of employees as you mentioned. The quality of oil that is being refined also plays a part in the cost of gasoline, it cost a lot more to refine lower grades of oil into gasoline that meet the standards set forth by the American Petroleum Institute than it does to refine higher grades like WTI or Brent.
As I stated before the main driver behind prices is market speculation, which is fueled by human assumption, emotion and complex computer algorithms. This speculation also accounts for small price jumps during holidays for instance, as it is assumed the demand of the commodity will be high, so the price is driven up in advance of any demand spikes even if there aren't any.
Computerized trading programs also play a role in this as they know when holidays are, and make purchases a few days in advance which causes trading programs which follow market trends to start buying when they detect other purchases taking place, and in a matter of a few hours the price has gone up across the country to compensate of the change in price even if there is no other economic reason to do so...
As far as the other discussion, who's worse dems or pubs, it really is all the same. It wasn't but 4 years ago, everyone was saying George Bush was the worst president ever, etc, etc, etc... 8 years before that Clinton was the worst president ever, etc, etc, etc...
Personally I think the government would work a lot better if being an elected official was an unpaid position, or at least paid no higher than what ever the median salary for an american is, that way the only reason you would want to be a "career politician" is if you truly cared about the country. Rather than a lot of politicians which I believe only care about having a cushy job, free health care, a fat paycheck, and invitations to all variety of social events amongst other things...
But I fear politics has always been this way since the first time a man told the others he knew best and they should let him take care of their problems... And I fear it always will be that way no matter what party or system we use, until we get to a point were our society is filled with upright and honest people that can work together as a team without the need for "leaders" telling us they know best and they'll take care of our problems.
Big City Dogs had nothing to do with the headline. We simply wanted to provide our customers something good during tough times with no political preference. The sign speaks for itself, with no mention of politics.
ReplyDeleteThanks,
Kevin Finfrock, owner
Big City Dogs
No worries Kevin! Anyone with half a brain would know that, then again this is Greenville...
ReplyDeleteHAHA, I love it. I am thankful that I am now paying $3.25 a gallon and if I were home, I would be happy to stop by for a spanish dog!
ReplyDelete