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RONBLOOD Rookie Author Seattle Posts:1 Points:895 Joined:Mar 2011	Message Posted: Feb 26, 2013 2:53:00 AM Ignore RONBLOOD Report Abuse a mail campange to all 525 senators and legislators to put a halt to energy speculation and let the price roll back as fast as it goes up..

RONBLOOD

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Seattle

Posts:1
Points:895
Joined:Mar 2011

Message Posted: Feb 26, 2013 2:53:00 AM

Ignore RONBLOOD Report Abuse

a mail campange to all 525 senators and legislators to put a halt to energy speculation and let the price roll back as fast as it goes up..

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sobie76 Rookie Author Detroit Posts:6 Points:2,045 Joined:Jul 2006	Message Posted: Jun 1, 2013 8:34:48 PM Ignore sobie76 Report Abuse I all ready tell them What I think when it comes time to vote.
CelticHeart Champion Author Detroit Posts:138,761 Points:3,193,125 Joined:Aug 2004	Message Posted: May 30, 2013 7:36:43 PM Ignore CelticHeart Report Abuse What does a low plain around Rome, Italy, have to do with senators, legislators or energy speculation? [Edited by: CelticHeart at 5/30/2013 7:37:58 PM EST]
Mikeyl Champion Author Cleveland Posts:5,302 Points:1,211,595 Joined:Aug 2004	Message Posted: May 24, 2013 10:53:40 PM Ignore Mikeyl Report Abuse Rookies! It's his first message. Let 'em be. Although, most posters do have a point. Speculation won't stop until it's made illegal. But, since Wall Street buys these people lunch (Morton's Steakhouse, Hyde Park Steakhouse, ya know...), that probably won't be changing anytime soon.
DJRIO Champion Author Miami Posts:8,186 Points:1,453,285 Joined:Jan 2008	Message Posted: May 16, 2013 9:51:29 AM Ignore DJRIO Report Abuse the actual number is 535 not 525. who do you think the speculator are ?
smugutu1234 Veteran Author Tallahassee Posts:351 Points:98,265 Joined:Feb 2013	Message Posted: May 16, 2013 7:38:10 AM Ignore smugutu1234 Report Abuse Like they care.
MARIOWERX Champion Author Vancouver Posts:16,074 Points:1,667,460 Joined:Oct 2008	Message Posted: May 8, 2013 10:51:16 PM Ignore MARIOWERX Report Abuse Do not have any of those crooks here just common criminals.
kiatoindos All-Star Author Chicago Posts:879 Points:108,830 Joined:Dec 2012	Message Posted: May 8, 2013 9:49:05 PM Ignore kiatoindos Report Abuse Their basically useless and they have government gas card
the1roadhog Champion Author Atlanta Posts:9,949 Points:2,081,505 Joined:Jun 2007	Message Posted: May 1, 2013 7:45:08 AM Ignore the1roadhog Report Abuse Fat chance
sunnyz Rookie Author Montana Posts:19 Points:162,465 Joined:Jul 2012	Message Posted: Apr 28, 2013 11:39:07 PM Ignore sunnyz Report Abuse The congress and senators don't care. It doesn't effect them. They vote as they please, and tack on billions of dollars in spending bills to anything they do pass.
borsht All-Star Author Oakland Posts:929 Points:218,230 Joined:Aug 2012	Message Posted: Apr 8, 2013 11:12:55 AM Ignore borsht Report Abuse True speculators are a buffer and serve to stabilize prices. It's the manipulators, it's thieves who move in to manipulate the prices. This is not speculation, it is thievery done with a purpose and vergence.
catfish99 Champion Author Wilmington Posts:14,171 Points:2,524,225 Joined:Sep 2005	Message Posted: Apr 6, 2013 11:42:18 AM Ignore catfish99 Report Abuse I agree on the political class - they are horrible with few exceptions. However, not doing stupid things like meddling with worldwide commodity markets is not shafting the "little people".
jrfan6767 All-Star Author Kansas Posts:548 Points:57,645 Joined:Mar 2013	Message Posted: Apr 4, 2013 12:42:21 PM Ignore jrfan6767 Report Abuse damn politicans always want more more more but dont care about the little people
CptSteve Champion Author Illinois Posts:13,301 Points:2,671,690 Joined:Jul 2005	Message Posted: Apr 2, 2013 9:24:25 AM Ignore CptSteve Report Abuse 1 post and 895 points in two years being on GB?!
smugutu1234 Veteran Author Tallahassee Posts:351 Points:98,265 Joined:Feb 2013	Message Posted: Mar 13, 2013 1:45:13 PM Ignore smugutu1234 Report Abuse A lot of the problems we are having today are because of our senators and legislators since they have their own agenda(s) in mind and not what is good for the country.
HeavyDuty_cache Champion Author Omaha Posts:13,057 Points:2,504,080 Joined:Sep 2005	Message Posted: Mar 13, 2013 8:35:03 AM Ignore HeavyDuty_cache Report Abuse If you think this will work, please explain how the US Congress is going to stop or ban energy speculation throughout the world? Oil is a internationally traded commodity do you expect other countries to honor a US ban on energy speculation? Is it just going to be a ban on speculation in the US markets or is the US going to impose its law on no energy speculation on other nations by force or just ask them nicely (Pretty Please)?
EvergreenON Champion Author Ontario Posts:1,078 Points:511,085 Joined:Apr 2011	Message Posted: Mar 12, 2013 7:05:23 AM Ignore EvergreenON Report Abuse Will it change something
HeavyDuty_cache Champion Author Omaha Posts:13,057 Points:2,504,080 Joined:Sep 2005	Message Posted: Mar 10, 2013 12:30:22 AM Ignore HeavyDuty_cache Report Abuse So you want to move further from a free market economy to a Socialist/Communist economy?
maxstar Champion Author Chicago Posts:18,680 Points:837,245 Joined:Feb 2011	Message Posted: Mar 9, 2013 6:48:41 PM Ignore maxstar Report Abuse Exactly what are you agreeing with EvergreenON?
EvergreenON Champion Author Ontario Posts:1,078 Points:511,085 Joined:Apr 2011	Message Posted: Mar 9, 2013 5:57:22 PM Ignore EvergreenON Report Abuse Agree
mr_thumper Sophomore Author Fresno Posts:216 Points:77,760 Joined:Aug 2012	Message Posted: Feb 27, 2013 6:38:10 PM Ignore mr_thumper Report Abuse Far too many politicians, on BOTH sides of the aisle, are in the pockets of big oil! Don't expect any relief from D.C.
1OILMAN Champion Author Alabama Posts:2,153 Points:181,140 Joined:Mar 2011	Message Posted: Feb 27, 2013 1:25:59 PM Ignore 1OILMAN Report Abuse It does....just not at retail.
catfish99 Champion Author Wilmington Posts:14,171 Points:2,524,225 Joined:Sep 2005	Message Posted: Feb 27, 2013 6:32:13 AM Ignore catfish99 Report Abuse And "energy speculation" keeps prices lower for many things we all use. Buying futures allows UPS to give Amazon lower shipping prices at a known cost to them, and we get the savings. It allows airlines to offer discounted prices well before a flight. It lets your local heating oil company offer you a price for the winter, so you don't get slammed with a huge increase if there is a shortage. Boy, we need to ban that stuff.
Gas_Buddy Champion Author Maryland Posts:26,197 Points:3,061,500 Joined:Aug 2004	Message Posted: Feb 26, 2013 9:01:29 PM Ignore Gas_Buddy Report Abuse Okay, but supposing that there is energy speculation. Three very quick questions: First, how do you think that your e-mail campaign will stop international speculation? Second: Why do you think prices will roll back, let alone "as fast as it goes up"? Third, if you're saying end speculation, are you willing to say that investors, to include investment and retirement funds (of which you may be part) should no longer invest in energy? A fourth question: Even if you get Congress to halt energy speculation, say they pass a law that there can be no investment speculation, are you willing to accept that in other fields? Such as medicine, or housing or foodstuffs, or the stock market? Or accept Congressional involvement in most other businesses? Just wondering, as a long time member of Gas Buddy, don't you think it might be more useful to post gas prices a little more frequently for the benefit of your fellow Seattle Gas Buddy members? In two years of membership, you've averaged one gas price post every six months. If you posted only one gas price post a month, just one, you'd increase the information you're providing your fellow members by five times, helping them be more knowledgeable shoppers. That just might be more beneficial than starting a thread that says "mail your Congressmen and women" without any further explanation of such an idea might work. But that's just my opinion. [Edited by: Gas_Buddy at 2/26/2013 9:07:33 PM EST]
1OILMAN Champion Author Alabama Posts:2,153 Points:181,140 Joined:Mar 2011	Message Posted: Feb 26, 2013 3:17:52 PM Ignore 1OILMAN Report Abuse Will they do the same for all commodities?
maxstar Champion Author Chicago Posts:18,680 Points:837,245 Joined:Feb 2011	Message Posted: Feb 26, 2013 12:22:23 PM Ignore maxstar Report Abuse So the member that has only updated a handful of prices in two years of membership is now going to lead an mail initiative?
catfish99 Champion Author Wilmington Posts:14,171 Points:2,524,225 Joined:Sep 2005	Message Posted: Feb 26, 2013 5:26:49 AM Ignore catfish99 Report Abuse Okay, why do you think the price of gas rises faster than it falls? The real answer, though you might not want to hear it, is you. Consider two stations in a town, both selling at $3 a gallon. They each sell out their tanks in two days. Now, the wholesale price rises 10 cents a day for five days. Station A buys first and his price goes up, but B holds at 3. Everyone buys from B, and he has to buy a day early. So now he goes to 320, and everyone buys from A, who sells out in a day since he is at 310. He rebuys and goes to 330, which sends everyone back to B. Obviously, at the end of the week, both are going to be at the new 3.50 price. Now, consider the opposite - it starts at 350 and drops 10 cents a day for five days. Station A buys new gas, drops to 340. Everyone runs to A, he sells out, drops to 330. Everyone stays at A, he rebuys, but has no incentive to lower his price. He is already at max business, because B is still stuck at 350. Eventually B will have to take a loss on the gas and match, but at the end of the week the price will still be higher than expected because the competition is skewed. After a couple of weeks both stations will have the same cost on gas in the tanks again, and prices will normalize. So consumer behavior drives prices up quickly, but down slowly.