Well, it actually will not be me breaking it down for you, but rather one of the great military veteran commenters in the comment thread of this post at This Ain’t Hell: Obama: You Just Don’t Get How Great I Am
The following comment was in response to the nonsense spewed by the liberal ignoramus “Anonymous”:
As for oil, it topped out June 2008 at 132.68 a barrel, but is now at 86.80 a barrel. And as for “We should drill here, now”. Don’t you see the genius of not doing that? We use the rest of the world’s oil, and then we use ours. Sure, we might not have it better, but our children and grandchildren will.
I referenced the price of oil, not gasoline. The gasoline companies set those prices (and get record profits doing so). [ … ]
We have to buy gas, and they set the prices. Go ahead an look at some yearly statement of some of these companies, profits don’t lie. [ … ] since June 2009, gas price has increase 85.33%, while in the same time period, oil price has increased only 22%. I’m all ears for a better explanation.
July 13th, 2012 at 3:33 pm
Anonymous: the fact that “oil companies set the price of gasoline” is nothing but a persistent myth.
The actual breakout (as of Jan 2012, when gas prices were virtually identical to what they are now) of the cost of a gallon of gasoline is as follows:
Marketing and distribution costs: 6%
Refining costs: 6%
Crude oil costs: 76%
Oil companies thus “control” only approximately 12% of the retail cost of gasoline; taxes and raw material costs account for 88%. And half of the part that oil companies “control” is the cost of refining the gasoline from crude. That is rather essential in having gasoline. The process is very mature and likely cannot be substantially reduced any time soon.
Bottom line: except for panic spikes (like those occurring after Katrina), gasoline prices are pretty much pegged to the cost of crude. Cost of crude goes up, gasoline will go up. Cost of crude goes down, gasoline goes down. They operate generally almost in lockstep.
And supply and demand controls the price of crude. Oil companies don’t.
July 13th, 2012 at 3:58 pm
I would have thought someone who worked in the financial industry would understand the concepts of fixed costs and variable costs. However, here’s a simplified explanation.
Gasoline costs have 4 components. One is fixed, two are partially fixed, and one is variable.
The fixed component is taxes. (These actually can vary, but in practice do so so slowly that they can be considered fixed.) At current prices, these are about 12% of the total of each gallon of gasoline (on the order of 40-45 cents per gallon).
The two partially-fixed components are (1) refining costs (which include refinery profits) and (2) transportation and distribution costs (which include profits for distribution companies and gas stations). Each of these is about 6% of the cost of a gallon of gas at current rates – or about 15-18 cents per gallon. The former (refining costs) generates some profit for oil companies. The latter (transportation/distribution) generally does not. Both include huge amounts of fixed or otherwise necessary overhead costs (costs a bundle to refine the oil and to distribute it to gas stations).
The last component is the raw materials costs – e.g., the cost of crude. At current gas prices, this component accounts for about 76% of gas prices – or around $2.60 per gallon.
Now, cut crude prices by 1/2. That drops the share of a gallon of gasoline due to crude to approx $1.30 – but it has little effect on refining costs (maybe those costs drop by 10%, or about 2 cents per gallon) or on distribution and transportation (say those costs drop by 20%, or 4 cents per gallon). It has no effect on taxes per gallon. So the new cost of gasoline becomes $1.30 + $0.45 + $0.14 +$0.16 = $2.05.
This is a “quick and dirty” calculation, so it’s not exact. But it should be fairly close. So let’s check this analysis against history as a sanity check.
Crude oil cost $46.47/barrel on January 23, 2009. Regular grade gasoline cost $1.84/gallon on average.
Crude oil cost $84.96 about 2 weeks ago (June 26, 2012). Regular grade gasoline today costs $3.41/gallon on average.
Crude oil cost went up about 83% between January 23, 2009 and 2 weeks ago. In the same period, gasoline prices went up about 85%.
And that is why I love being a conservative: we have the facts on our side. It is also pretty obvious that the liberal was ‘reasoning’ with emotion (he started out whining about oil company profits and then assuming things based off that incorrect emotional assumption), while the conservative laid out the facts and then came to the conclusion. That’s the difference between liberals and conservatives. Liberals make up ‘facts’ to try to fit their worldview, while conservatives form their worldview after collecting the facts.
And Hondo’s takedown of the ignorant liberal is why I love This Ain’t Hell. The military veterans there are some of the most educated and informed and common sense conservatives online in addition to being great military heroes. Not to mention, they know how to take down liberal nonsense with some flair and humor!
Of course, as is to be expected with liberals, “Anonymous” could not admit to the fact that s/he was wrong, even in the face of facts completely destroying his/her ignorant opinion:
no, you obviously know more about the complexities of oil precaution then I do. I understand fixed costs and variable costs, but you’ve calling into question my knowledge of finance because I’m not as well informed as you about oil precaution. With that sort of hubris, I guess that you are well versed in fixed and variable costs of almost every industry out there.
Typical liberal. When they get owned by facts, instead of admitting they are wrong, they turn it around and throw insults at the conservative providing the facts. Pathetic.
Of course, as is the brilliance of the military guys on the site, Hondo gets in a nice jab in return:
July 13th, 2012 at 4:19 pm
Anonymous: no, I don’t claim omniscience in that area. I actually don’t work in either finance or the oil industry. But I would have thought you could have figured this out for yourself after you looked at the first article I cited, given your background in finance and the raw data contained in the article and otherwise readily available.
It only took me about 20 min to do the research and write each of the above comments relating to gasoline pricing. And I’m no expert in economics, finance, or the oil industry.
Heh. And with that, the “Anonymous” ignoramus did not return. Again, typical liberal. When faced with facts that discredit their ignorant worldview, instead of changing their worldview to fit reality, they fling some insults before stomping away in continued ignorance. Maybe he’s going to find out where to sign up for a class to teach him how to do simple research, since it’s pretty obvious he did not learn that while going to school for finance.
This is also an example of another debating trick that liberals love to use: appeal to authority. “Anonymous” started out claiming that s/he was an expert in finance, thus his/her *opinion* on gasoline prices and profits must be the right one. Yeah, not so much. A piece of paper from a university does not make one an expert. Appeal to authority means nothing. Facts mean everything. A high school freshman could have researched those facts and put the ignorant liberal snob in his place.
Heh, I forgot to include NHSparky’s great takedown of the ignoramus as well:
July 14th, 2012 at 8:26 am
Go ahead an look at some yearly statement of some of these companies, profits don’t lie.
Yup – Exxon/Mobil makes a profit of about $40 billion on revenues of $450 billion. That comes out to about 9 percent. Pretty shitty if you ask me, especially compared to banks which have profit margins in the 30-plus percent range.
Also, I’ll trust Hondo @41; since June 2009, gas price has increase 85.33%, while in the same time period, oil price has increased only 22%. I’m all ears for a better explanation.
Not true. In January 2009, the average pump price was $1.81/gallon, and crude price was $43.91/bbl. In June 2009, gas price was $2.74/gallon, and crude was $69.13/bbl. Today, the average price is $3.43/gal with a crude price in June of $90.73/bbl, which is down from the post-2008 peak in March of this year of $117.79/bbl and gas nationall at that point was $3.97/gal.
So no, you fail.
Oh, and before you think that $40 billion in profit on revenues of $450 billion is a lot, consider this, anon – in that same year, the federal government got over $105 billion in taxes, for doing nothing more than sitting on their asses with their hands out.
Amazing how someone supposedly educated in finance cannot do simple math.
If you like that, go read the rest of the comments. They also take down this liberal clown with regards to its claim that unemployment has improved under Obama. Yeah, the ignoramus actually made that comment.
Pretty damn sad that the SCOAMF’s solutions for the piss-poor economy he created remind me of jokes from Friends.
A couple months ago, the same joke could have been made while Obama and the Democrats were pushing the ridiculous “war on women” smear.
“Obama’s got a really bad economy, but that’s nothing a little free contraceptives won’t fix!”
First he’ll fix the economy with contraceptives. Now he’ll fix the economy with gay marriage. I wonder what his next “fix” will be. If he even bothers to remember the economy at all…
[Scene: Central Perk, Chandler is reading on the couch while Joey, still suffering from his hernia, is returning with coffee for them both. After a series of grunts and groans he manages to painfully walk back from the counter, sit down, and slide Chandler his coffee.]
Chandler: Hey, will you grab me a cruller? (Joey starts to groan and get up.) Sit down! Will you go to the hospital?!
Joey: Dude! Hernia operations cost like, a lot probably. Besides it’s getting darker and more painful, that means it’s healing.
Chandler: I will loan you the money. Just go to the hospital and let’s just get that thing… pushed back in.
Joey: Thank you, but it would take me forever to pay you that money back and I don’t want that hanging over my head. Okay? Besides, as soon as my insurance kicks in I can get all the free operations I want! Yeah, I’m thinking I’ll probably start with that laser eye surgery too.
Phoebe: What’s going on?
Chandler: Oh Joey’s got a really bad hernia, but that’s nothing a little laser eye surgery won’t fix!
“You got people like this around you? Country is full of them now! People walking around all day long, every minute of the day — worried about EVERYTHING! Worried about the air, worried about the water, worried about the soil. Worried about insecticides, pesticides, food additives, carcinogens; worried about radon gas; worried about asbestos. Worried about saving endangered species.
Let me tell you about endangered species, all right? Saving endangered species is just one more arrogant attempt by humans to control Nature! It’s arrogant meddling! It’s what got us into trouble in the first place! Doesn’t anybody understand that? Interfering with Nature! Over 90 percent . . . over . . . way over 90 percent of all the species that have ever lived — EVER LIVED — on this planet are gone. Whissshht! They are extinct!
We didn’t kill them all.
They just . . . disappeared! That’s what Nature does! They disappear these days at the rate of 25 a day, and I mean regardless of our behavior. Irrespective of how we act on this planet, 25 species that were here today, will be gone tomorrow! Let them go . . . gracefully! Leave Nature alone! Haven’t we done enough?
We’re so self-important. So self-important! Everybody’s going to save something now. ‘Save the trees; save the bees; save the whales; save those snails.’ And the greatest arrogance of all, “Save the planet.” WHAT? Are these fucking people kidding me? Save the planet? We don’t even know how to take care of ourselves yet. We haven’t learned how to care for one another, we’re gonna save the fucking planet?
I’m getting tired of that shit. Tired of that shit. Tired! I’m tired of fucking Earth Day! I’m tired of these self-righteous environmentalists; these white, bourgeois liberals who think the only thing wrong with this country is there aren’t enough bicycle paths. People trying to make the world safe for their Volvos. Besides, environmentalists don’t give a shit about the planet. They don’t care about the planet. Not in the abstract they don’t. Not in the abstract they don’t. You know what they’re interested in? A clean place to live. Their own habitat. They’re worried that some day in the future, they might be personally inconvenienced. Narrow, unenlightened self-interest doesn’t impress me.
Besides, there is nothing wrong with the planet. Nothing wrong with the planet. The planet is fine. The PEOPLE are fucked. Difference. Difference! The planet is fine. Compared to the people, the planet is doing great. Been here four and a half billion years. Did you ever think about the arithmetic? The planet has been here four and a half billion years. We’ve been here, what? A hundred thousand? Maybe two hundred thousand? And we’ve only been engaged in heavy industry for a little over two hundred years. Two hundred years versus four and a half billion. And we have the CONCEIT to think that somehow we’re a threat? That somehow we’re gonna put in jeopardy this beautiful little blue-green ball that’s just a-floatin’ around the sun?
The planet has been through a lot worse than us. Been through all kinds of things worse than us. Been through earthquakes, volcanoes, plate tectonics, continental drift, solar flares, sun spots, magnetic storms, the magnetic reversal of the poles; hundreds of thousands of years of bombardment by comets and asteroids and meteors; worlwide floods, tidal waves, worldwide fires, erosion, cosmic rays, recurring ice ages . . . And we think some plastic bags, and some aluminum cans are going to make a difference?”
UPDATE 01/24/12: Here is the main reason why NO ONE — neither conservative nor liberal, neither Republican nor Democrat, neither Christian nor Muslim — should have ANY problem with Marines pissing on dead Taliban terrorists: Images: Taliban Proudly Murder 15 Pakistanis
According to the meme of the Left, it is time to ‘frog march’ Obama and Biden to GTMO over this. Afterall, they sanctioned this ‘desecration of corpses’ with their policies. Isn’t that what the Left said about Abu Graib?
Also according to the Left, when Muslims cut off heads of journalists and contractors (Daniel Pearl, Nick Berg) and captured hostages; burn the corpses of US contractors, parade them through town and hang them from bridges (Fallujah); commit ‘honor killings’; stone their women; throw acid in the faces of their girls… none of this is representative of Muslims as a whole. And the acts themselves are not outrageous; what is outrageous is that people are smearing all Muslims, because of the acts of a few. So, of course, I’m sure that the Left is now saying that the act of these Marines is not outrageous, what is outrageous is that people are smearing the US Marine Corps, because of the acts of a few. Right?
Nope, of course not. Liberals are throwing their usual hissy fits and throwing their usual vitriolic hate and bile towards the only government institution they hate: the US military. Especially when this involves the part of the US military they hate the most: the US Marines.
And, of course, who can forget the most famous quote from the leader of the liberal movement regarding the murder and desecration of US contractors in Fallujah:
“I feel nothing over the death of mercenaries. They aren’t in Iraq because of orders, or because they are there trying to help the people make Iraq a better place. They are there to wage war for profit. Screw them.” – Markos Moulitsas (Daily Kos)
Got that? When America’s enemies, evil terrorists, murder and desecrate the bodies of Americans, liberals side with our enemies. When Americans piss on the bodies our of enemies, evil terrorists, liberals once again side with our enemies.
Well… piss on liberals. (pun intended)
We’re not talking about fellow citizens of a foreign country who are called to arms by their government to fight in a war. We’re talking about despicable, vile terrorists hell bent on murder who are doing the bidding of an evil cult of death masquerading as a ‘religion’. Of course, I guess we shouldn’t expect liberals to know the difference, considering they worship mass murderers like Che Guevera, Hugo Chavez and Fidel Castro and consider people like George W. Bush, Dick Cheney, Sarah Palin and Rush Limbaugh to be evil.
“Pee on a Crucifix, you’re an ‘artist.’
Pee on The American Flag, you’re a ‘Liberal Free Thinker.’
Pee on a Police Car, you’re an ‘Occupy Wall Street Protestor Hero.’
Pee on the dead Taliban Piece Of **** that just tried to kill you and your fellow Marines, you’re a ‘Villian.'”
And that pretty much sums up the Left. Interesting priorities they have…
I agree with Debow at Blackfive: The Nature of Warriors
Wars and battle are ugly things. The very insides of the dark side of humanity and the razor thin margins of how close we come to being animals when we fight our enemies rises to the very top for all to see. It is not pretty and it is not polite. When you fight an enemy that prefers death to surrender and straps bombs to little children and records it for posterity to blast out all over the world wide web, you need to start fighting a little fire with fire. Spending every day with death tugging at your elbow while, in some cases, watching your men die, some of them good friends. Seeing this happen right in front of you every day can lead to a thirst for revenge and pay back those life debts that few will ever know.
I know that our grandfathers in B-17 crews over Germany, in the forests of the Ruhr Valley and at Tarawa, Bougainville, Guadalcanal, and Iwo Jima felt that thirst for revenge. Our fathers certainly felt it in places like Khe Sanh, Hue City, and the Ia Drang Valley when they were walking point, carrying a machine gun or patrolling the rivers. Who among them didn’t add that extra burst of machine gun fire even though they saw the Messerschmitt they had just shot down only smoking a little as it limped away or put another 40mm round into a bunker, you know, just to make sure. There were many who did not succumb to the temptation to exact revenge, but there were probably some who did…
And now there is talk that this could put a crimp in the peaceful style of the “grab the ankles and run away” exit strategy that the OinC has in mind for Afghanistan; certainly timed to go along with his class warfare “eat the rich” super-dee-duper successful campaign strategy. Al-Reuters has their panties firmly bunched because they think this might stir anti-American sentiment after a decade of war. Really? This is what is gonna lose the war for us? The fact that we are attempting to satisfy these subhuman POS’s from the 7th Century who behead those who will not comply tells me just how far we have fallen down the rabbit hole.
The nature of warriors is something that only warriors will ever know. Those that have never experienced this will never know why these men felt the need to do what they did. But if our military is going to be effective in the long run, our enemies must fear us. They must believe that we are capable of unspeakable evil and every now and then, we have to pull back the curtain a little and let them see a smidgen of what we are holding the lid on while we bomb them further into the stone age. That fear of what those warriors are capable of will save lives.
Was it wrong for these Marines to do this? Sure. Was there a breakdown in leadership? No Doubt. Do I understand with 100 percent certainty why they did it? Absolutely.
As well as with Congressman Allen West:
Congressman Allen West view:
“I have sat back and assessed the incident with the video of our Marines urinating on Taliban corpses. I do not recall any self-righteous indignation when our Delta snipers Shugart and Gordon had their bodies dragged through Mogadishu. Neither do I recall media outrage and condemnation of our Blackwater security contractors being killed, their bodies burned, and hung from a bridge in Fallujah.
“All these over-emotional pundits and armchair quarterbacks need to chill. Does anyone remember the two Soldiers from the 101st Airborne Division who were beheaded and gutted in Iraq?
“The Marines were wrong. Give them a maximum punishment under field grade level Article 15 (non-judicial punishment), place a General Officer level letter of reprimand in their personnel file, and have them in full dress uniform stand before their Battalion, each personally apologize to God, Country, and Corps videotaped and conclude by singing the full US Marine Corps Hymn without a teleprompter.
“As for everyone else, unless you have been shot at by the Taliban, shut your mouth, war is hell.”
And, amazingly enough, Bill Maher and I are also in agreement. Granted, liberals are kind of like broken clocks, so…
Here we have 19/20-somethings fighting and seeing their buddies killed, or seeing videos of this enemy beheading Americans [reporters, contractors, Soldiers and Marines]. They urinated on the Taliban dead. This is regrettable. After a tough battle even a leader would be tempted to do such a thing. Big deal! Hell, Patton urinated into the Rhine River and it was captured on film! What is so honorable about this bestial enemy that brutalizes his own family with atrocity, and mutilates his women relatives? So, peeing on a corpse is an atrocity now? Horse-puckey! Give them a Battalion Level punishment. Do not ruin the rest of their lives!
As to Secretaries [who never served, never were warriors]: Hillary Clinton, Leon Panetta, and the rest, I say talk is cheap. What hypocrites you are; you crooked politicians! You wear white-washed robes but you are rotten underneath. You talk about honor but you have no pedigree in the subject, and no moral righteousness for this trumped-up indignation. Go ahead, apologize to the Taliban, you idiots. Shame on you for continually persecuting and demoralizing your own warriors. Go ahead, finish off the world’s best enforcers and defenders of peace … you jerks. This is the real crime!
King David, using Goliath’s sword, cut off the head of Goliath after he had killed him, and God blessed King David and the Israelites. I say God Bless the US Armed Forces and the US Marines for taking the fight to the sworn Taliban enemies of civilization and the United States, and killing them!
[H/T Vinnie at The Jawa Report]
Also see: Taliban Urinegate and Vampire Movies
So now we have a videotape of some marines breaking the rules and taping it. It’s curious why they did that, and now it’s gotten out. Snerdley, which do you think is more offensive, a greater transgression: Abu Ghraib photos or the urination on corpses of the Taliban. Abu Ghraib far worse. Abu Ghraib far worse than urinating on Taliban corpses. I know we don’t know when this happened. The details are sketchy. So as a discussion matter, we’ll take it as it is. But get this Reuters story: “Taliban Says Marine Tape Will not Hurt Afghanistan Talks.” Now, what does that tell you? What does that tell you?
All of a sudden you have something that, if they wanted to, the left could exploit as another Abu Ghraib. That goes without saying, Abu Ghraib blamed on Bush, why isn’t this blamed on Obama? Nothing can go wrong. This will be blamed on the individuals, not Obama. When a president is Republican, everything that the government does is blamed on him. But the more important question here, the Taliban, those, according to the story, was their people who were dead who were the urinatees. And the Taliban says that that tape is not gonna hurt anything, we’re not bothered by that. I’m simply asking, what does that tell you? (interruption) No. It doesn’t tell us that they’re tired of being hit by drones.
It tells us that they’re winning and they’re close and if they start raising hell about this, it’s gonna delay the ultimate. Karzai is out there saying one thing or another. A senior member of the Afghan government’s High Peace Council said, “Such action will leave a very, very bad impact on peace efforts.” But the Taliban says, ah, not gonna hurt anything here. Taliban must think they’re close to winning. Taliban must think they’re pretty close to taking over Afghanistan. There are peace talks going on, and the Taliban must think that we’re pretty close to surrendering it to ’em and getting out, and they don’t want this to come along and stop that process and delay. That’s how I interpret it. This would be my wild guess.
Obviously Urinegate will not interrupt the process of turning the country over to the Taliban. If they wanted to they could go after Obama. They could be out there saying that Panetta should resign. Where is CODEPINK? Where are all these anti-war groups? Where are these people who hate the military compared to way they were around at Abu Ghraib? You remember the fake stories about flushing a Koran down the toilet from Michael Isikoff. They wanted to frog march Bush and Cheney into jail over Abu Ghraib. Abu Ghraib was on the front page of the New York Times above the fold, get this, for 32 straight days. Urinegate, ah, what’s the big deal? No big deal. We can’t even pinpoint when it happened. We’ll deal with it internally. Panetta gets away with talking about how outraged he is. He won’t put up with it. Okay, fine, that’s all we need to hear, let’s move on, nothing to see here.
Texas Gov. Rick Perry (R) on Sunday defended the four Marines who were depicted in a viral video last week urinating on the corpses of three Taliban insurgents, arguing “what’s really disturbing to me is just, kind of, the over-the-top rhetoric from this administration and their disdain for the military.”
“Obviously, 18, 19-year-old kids make stupid mistakes all too often, and that’s what’s occurred here,” the Republican presidential candidate told Candy Crowley on CNN’s ‘State of the Union.’ “But, you know, when you’re in war, and history kind of backs up — there’s a picture of General Patton doing basically the same thing in the Rhine River. And although there’s not a picture, Churchill did the same thing on the Siegfried line.”
“Now we have a bunch of progressives that are talking smack about our military because there were marines caught urinating on corpses, Taliban corpses,” Loesch said during her radio program on FM News Talk 97.1. “Can someone explain to me if there’s supposed to be a scandal that someone pees on the corpse of a Taliban fighter? Someone who, as part of an organization, murdered over 3,000 Americans? I’d drop trou and do it too. That’s me though. I want a million cool points for these guys. Is that harsh to say? Come on people, this is a war. What do people think this is?”
So now, our moral, ethical, and intellectual betters on the left want her fired. For saying she’d pee on a terrorist. They’re really, really angry about that. They’ve been shrieking at her on Twitter for days. I don’t know if I would’ve worded it exactly like she did, and personally I’d prefer if our guys would stick to just killing the bad guys instead of making latrines out of them. They should be subject to whatever disciplinary action is coming their way, and you can bet they will be. But I have no problem with Loesch’s sentiment. I mean, it’s the Taliban. If she’d said she wouldn’t mind peeing on Hitler’s carcass, would the left be freaking out at her like they’ve been doing?
You might be a liberal if…
You think Bill Maher was a hero after 9/11 for saying terrorists are brave, and Dana Loesch is a villain for insulting them. (He agrees with her on this one, BTW.)
You insist you don’t sympathize with terrorists, but you fly into a rage when somebody disrespects them.
Your reply to criticism of Obama is “Oh yeah, well, who killed Bin Laden?”, but you become furious when Bin Laden’s pals are humiliated.
Let this be a lesson to everyone: If you want to pee on a dead terrorist, first wrap him in an American flag. Then Keith Olbermann, Eric Boehlert, and other leading lights of liberalism will cheer you on.