OT The latest defection ...
 

On Oct 16, 7:34*am, Ken Fortenberry
wrote:

I am not in love with Reich. He diverted a good program (Out of School
Neighborhood youth corps), based on a mistake filled evaluation
design, so that the money could go to he and Clinton's screwed up
Americorps. Americorps served middle class college kids, Youth Corps
served hardcore inner city kids. The eval was designed by one of his
Boston academic friends and used self reported data on post program
earnings. (Yeah, young men don't lie about sex and money, right?) So
when the surveys showed that in-program kids earned worse post
program, than control group kids who were never in the program, Reich
had his ammo.

We tried to get through his thick head that the study had not
controlled for control group income derived from drug selling and
illegal crap, and of course you can make more money selling drugs than
from apprenticeship and entry level jobs. So we re-ran the data and
talked a sympathiser to bring it up in a long car ride Reich was to
take to inspect a project we had put up for retraining workers in a
depressed lumber mill town. Reich, riffled the memo showing the real
data and said, "I am not impressed." He would not move.

**** Reich. 2 years later the Chief Economist for DOL noted the
correction in a footnote. BFD. But by then a proven, 30 year program
with wide bi-partisan support that helped very poor, beaten up kids
was gutted so that kids already on track could provide good photo-ops
for that miserable ogre.

I want to see folks like Richardson, Chuck Hagel, etc moving this
administration.

Dave
Ideology Sucks

OT The latest defection ...
 

DaveS wrote:

I am not in love with Reich. ...

Well, he's no Rick Dean but the Dems might have to settle for
some of the minor stars of the economic adviser firmament.

Paul Krugman might be persuaded to join a Democratic administration,
he's certainly no Rick Dean either, recent Nobel notwithstanding,
but I just don't see any way to coax the famous Rick Dean into a
Democratic administration.

Dave
Ideology Sucks

You keep saying that and perhaps ideology does suck but it
also matters. It is the difference in ideologies between the
two major parties which demonstrates the inherent flaw in the
silly notion that one can "vote for the man, not the party".

--
Ken Fortenberry

OT The latest defection ...
 

wrote in message
...
On Thu, 16 Oct 2008 10:22:20 -0700, "JT"
wrote:


wrote in message
. ..
Oh, BTW, oil and gasoline are down, what, half from where they were just
a few months ago...

It's down over a buck (best price around $2.99 gal, more common is $3.19
gal
from the mid summer highs ($4.19 ish gal), I wonder when/if the pump price
will reflect the price per barrel that is now less than half the summer
high
of around $147.00 a barrel (currently less than $70.00 a barrel)? In my
estimation, the price at the pump should be closer to $2.00 a gal or
less...

You estimate incorrectly, and it's down to $2.50ish on the Gulf Coast,
Texas and OK. There are 42 gallons of crude in a bbl, so for a _rough_
idea, excluding taxes, refining costs, etc., divide the price of oil by
40: 70 divided by 40 is $1.75 Add a minimum of about 40 cents tax
(maybe more, depending on where you are), and so, you're at $2.15, then
there's transport, blending costs, etc. (Commodity gasoline is $1.65 as
of this post). Plus, you aren't buying gasoline made with today's oil,
so there is some legit "lag," too. And then, there's ethanol to
consider, which is less per gallon, but that's as a commodity, not as a
final interblend ingredient at the pump (and FWIW, unless your vehicle
is designed for it, the more ethanol in the gasoline, the more net fuel
cost per mile you'll pay).

HTH,
R


It does...

Washington gas tax, 5th highest in the US at 28 pennies per gallon.

I guess my frustration is the rate at which the price increases at the pump
in comparison to the barrel increase. The reverse isn't nearly as quick when
the barrel price is dropping...

The other thing I find interesting, there are two stations 30 and 35 miles
outside of Spokane, WA. (very rural), one of these stations has two pumps
(they can't be selling near as much as a station in Spokane) and their price
per gallon is $2.99, the large stations in Spokane are selling fuel for
$3.19 to $3.25, some are even higher.... Price gouging??

Thanks,
JT

OT The latest defection ...
 

On Thu, 16 Oct 2008 13:11:17 -0700, "JT"
wrote:


wrote in message
.. .
On Thu, 16 Oct 2008 10:22:20 -0700, "JT"
wrote:


wrote in message
...
Oh, BTW, oil and gasoline are down, what, half from where they were just
a few months ago...

It's down over a buck (best price around $2.99 gal, more common is $3.19
gal
from the mid summer highs ($4.19 ish gal), I wonder when/if the pump price
will reflect the price per barrel that is now less than half the summer
high
of around $147.00 a barrel (currently less than $70.00 a barrel)? In my
estimation, the price at the pump should be closer to $2.00 a gal or
less...

You estimate incorrectly, and it's down to $2.50ish on the Gulf Coast,
Texas and OK. There are 42 gallons of crude in a bbl, so for a _rough_
idea, excluding taxes, refining costs, etc., divide the price of oil by
40: 70 divided by 40 is $1.75 Add a minimum of about 40 cents tax
(maybe more, depending on where you are), and so, you're at $2.15, then
there's transport, blending costs, etc. (Commodity gasoline is $1.65 as
of this post). Plus, you aren't buying gasoline made with today's oil,
so there is some legit "lag," too. And then, there's ethanol to
consider, which is less per gallon, but that's as a commodity, not as a
final interblend ingredient at the pump (and FWIW, unless your vehicle
is designed for it, the more ethanol in the gasoline, the more net fuel
cost per mile you'll pay).

HTH,
R


It does...

Washington gas tax, 5th highest in the US at 28 pennies per gallon.

I guess my frustration is the rate at which the price increases at the pump
in comparison to the barrel increase. The reverse isn't nearly as quick when
the barrel price is dropping...

The other thing I find interesting, there are two stations 30 and 35 miles
outside of Spokane, WA. (very rural), one of these stations has two pumps
(they can't be selling near as much as a station in Spokane) and their price
per gallon is $2.99, the large stations in Spokane are selling fuel for
$3.19 to $3.25, some are even higher.... Price gouging??

I have no idea. It would depend on a number of variables, including
city and county taxes, blend requirements, distributor cost, ethanol
percentage, etc., but yeah, it's possible for a legit price difference
as you describe. OTOH, maybe the Spokane stations know they can charge
more, so they do. FWIW, gasoline is one of the few things many in the
US seem really indignant about anyone making a profit selling. I mean,
we expect businesses to have a markup on items they sell, but not with
gasoline it seems.

HTH,
R

Thanks,
JT

OT The latest defection ...
 

On Thu, 16 Oct 2008 15:10:27 -0500, Ken Fortenberry
wrote:

DaveS wrote:

I am not in love with Reich. ...

Well, he's no Rick Dean but the Dems might have to settle for
some of the minor stars of the economic adviser firmament.

Paul Krugman might be persuaded to join a Democratic administration,

BWAHAHAHAHAHAHA!! You sure you wanna go with him?!

OK, you silly childish Nixon-like Clinton-hater...well, let's let him
tell it:

"I won’t try for fake evenhandedness he most of the venom I see is
coming from supporters of Mr. Obama, who want their hero or nobody. I'm
not the first to point out that the Obama campaign seems dangerously
close to becoming a cult of personality."

and

"Obama supporters are like Nixon"

and

"Obama's economic ideas are childish and silly" like "his most ardent
supporters..."

SNICKER
R

he's certainly no Rick Dean either, recent Nobel notwithstanding,
but I just don't see any way to coax the famous Rick Dean into a
Democratic administration.

Dave
Ideology Sucks

You keep saying that and perhaps ideology does suck but it
also matters. It is the difference in ideologies between the
two major parties which demonstrates the inherent flaw in the
silly notion that one can "vote for the man, not the party".

OT The latest defection ...
 

wrote in message
...

I have no idea. It would depend on a number of variables, including
city and county taxes, blend requirements, distributor cost, ethanol
percentage, etc., but yeah, it's possible for a legit price difference
as you describe. OTOH, maybe the Spokane stations know they can charge
more, so they do. FWIW, gasoline is one of the few things many in the
US seem really indignant about anyone making a profit selling. I mean,
we expect businesses to have a markup on items they sell, but not with
gasoline it seems.

HTH,
R

I have no issue with a business making money on fuel sales, why sell it if
you are not (unless you are just trying to attract people to your store
front)? If the Mom & Pop station is buying fuel for the same price as
Safeway (which I find hard to believe since Safeway is selling way more fuel
and is probably getting it a bit cheaper) it torques my shorts the Mom & Pop
station is making a few pennies profit and Safeway is potentially gouging
people making 20 - 25 cents a gallon profit.

It's frustrating, I put 30,000 miles a year on one of our vehicles a $1.00 a
gallon increase is roughly $1000.00 more a yr. in travel expenses. A grand I
would much rather spend on fishing equipment or fishing...

JT

OT The latest defection ...
 

OT The latest defection ...
 

OT The latest defection ...
 

OT The latest defection ...
 

"JT" wrote in message
...

wrote in message
...
On Thu, 16 Oct 2008 10:22:20 -0700, "JT"
wrote:


wrote in message
...
Oh, BTW, oil and gasoline are down, what, half from where they were
just
a few months ago...

It's down over a buck (best price around $2.99 gal, more common is $3.19
gal
from the mid summer highs ($4.19 ish gal), I wonder when/if the pump
price
will reflect the price per barrel that is now less than half the summer
high
of around $147.00 a barrel (currently less than $70.00 a barrel)? In my
estimation, the price at the pump should be closer to $2.00 a gal or
less...

You estimate incorrectly, and it's down to $2.50ish on the Gulf Coast,
Texas and OK. There are 42 gallons of crude in a bbl, so for a _rough_
idea, excluding taxes, refining costs, etc., divide the price of oil by
40: 70 divided by 40 is $1.75 Add a minimum of about 40 cents tax
(maybe more, depending on where you are), and so, you're at $2.15, then
there's transport, blending costs, etc. (Commodity gasoline is $1.65 as
of this post). Plus, you aren't buying gasoline made with today's oil,
so there is some legit "lag," too. And then, there's ethanol to
consider, which is less per gallon, but that's as a commodity, not as a
final interblend ingredient at the pump (and FWIW, unless your vehicle
is designed for it, the more ethanol in the gasoline, the more net fuel
cost per mile you'll pay).

HTH,
R


It does...

Washington gas tax, 5th highest in the US at 28 pennies per gallon.

I guess my frustration is the rate at which the price increases at the
pump in comparison to the barrel increase. The reverse isn't nearly as
quick when the barrel price is dropping...

The other thing I find interesting, there are two stations 30 and 35 miles
outside of Spokane, WA. (very rural), one of these stations has two pumps
(they can't be selling near as much as a station in Spokane) and their
price per gallon is $2.99, the large stations in Spokane are selling fuel
for $3.19 to $3.25, some are even higher.... Price gouging??

Thanks,
JT



The price at the pump did not increase as much percentage wise as the price
of crude. So do not expect the price to decrease as much as the price of
crude. And there are fixed overhead costs.