DWN
Nevada
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I hope the electorate remembers what is going on come November. If Congress gave the go ahead to drilling, nuclear plants, shale, coal, the price of oil would drop immediatly. Maybe the pressure will get to these liberal phonies. Nevada's embarassment shabby Harry Ried says oil and coal makes people sick so no drilling. Great response, shabby. We won't forget come election day.
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scooter4
Southwest Florida
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Joined: 05/14/2005
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macira wrote:Having done work with statistics,I assure you you can cook up a chart to show most anything. But fact is production still exceeds demand, not by a lot but does.
""Charge what you can get" is surely not "supply and demand". It amounts to robbery.
Supply and demand is business between honest folks based on the honesty of both. What we are seeing today as evidenced by the "oh my god the black rag gang in Iran fired a missle" lets boost the price is crooked. Sort of like a business deal where one party has a Pistol.
Final point IF demand exceeds production find me the empty storage tanks!!
Thank you, " well said ".
Of all the things I've lost, I miss my mind the most.
Never take life seriously. Nobody gets out alive anyway.
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TxTwo
Texas
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I haven't read all 71 pages of this post to see if this idea has been presented before, but is it just a coincidence - or why is it that every time the price of oil drops - as it did last week to $131 at one point, then the next day or shortly thereafter, Iran or Russia or Hugo Chavez - comes out with new threats or shoots off missiles (now it appears that the missiles shot off by Iran are old missiles or bogus video - as being reported on Drudge right now and N.Y. Times tomorrow - (supposively) - and then the price of oil races right back up to new highs. Russia, Iran and Venezuela are all big oil producers and they make a ton of extra money for every dollar the price increases. Just curious to me.
* This post was
edited 07/11/08 06:56pm by TxTwo *
TxTwo
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TxTwo
Texas
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Nero supposively fiddled while Rome burned - well the U.S. may still be fiddling - while Russia drills in the Arctic. No problem for them! They are off to find oil, gas, gold, all the riches they can dig up in the extreme temperatures.
The following is a piece from the article linked below.
Russian Prime Minister Vladimir Putin on Friday toured a new Arctic oil rig intended to boost Moscow's position in the intensifying competition for northern energy reserves.
Putin also met ministers and top oil executives in the Severodvinsk shipyard to discuss prospects for developing more Arctic fields, which are estimated to contain up to a quarter of Russia's proven oil and gas reserves.
"The Arctic zone is a guarantee of Russia's economic power. Oil, gas, gold, diamonds and phosphates -- it's all there," Artur Chilingarov, a member of parliament who is also an Arctic explorer, told AFP before the meeting.
"We need to find new oil fields ... We need to go offshore," he said.
Rest of article is: Here
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lwmuddy
So.carolina
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Now Nancy Pelosi want to drain off our back up supplies of oil to save us a "Couple" of cents a gallon? Does she think we will never need it in case of war?
And NEVER think it is not possible for us to fight on our own land either.
In speaking about European countries, we tend to forget exactly how BIG America is in comparison.
Europeans, seeing Nevada for the first time, are amazed while they travel from Basin to Basin, hour after hour, and they are STILL in Nevada.
Rhode Island is the size of some countries.
If there is a way to see Whom votes for What, then I suggest we all examine it for future (election time) reference.
Ask what your Constitution can do for us all.
Fun and games are great, but not when we are being threatened, and threatened we all are.
I have decided to top off my tank when it is 1/4 empty instead of 1/2.
The way that crazy things are going, it (Might) come to pass that, "Overnight" gas stations could be told to close down or to immediately begin rationing.
Every Boy Scout is taught to "Be Prepared", so why not follow a good example.
I hope nothing comes of all this, but why take chances.
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AO_hitech
SF Bay Area
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Joined: 08/09/2004
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For anyone that is interested here is a web sit that will assist you in sending a letter to your representives in congress. It provides editable text with their plan to stop excessive oil speculation.
http://capwiz.com/sosnow/issues/alert/?alertid=11571321
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onrecess
Boca Raton, FL
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The oil companies are making a killing (exxon 100 billion aditional profit this year) with NO shortage, and their mouthpieces have many convinced to give them the drilling off FL and in the artic to "fix" the fictional shortage and save us.
Duh.
I can't even imagine what these folks are smoking... or is it drinking the Kool-aid??
They are robbing youj blind so give them everything they want.
Sounds like Reagan giving arms for the hostages. Like "Charlie's War where they created and armed Al-qeda. Muddled thinking and sheep following.
Tom Anderson
2005 GeorgieBoy 35
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2Rad4U
I'm to young to be a
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DWN wrote:If Congress gave the go ahead to drilling, nuclear plants, shale, coal, the price of oil would drop immediatly.
My vote for dumbest post on the Internet
Chris
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2Rad4U
I'm to young to be a
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onrecess wrote:The oil companies are making a killing (exxon 100 billion aditional profit this year) with NO shortage, and their mouthpieces have many convinced to give them the drilling off FL and in the artic to "fix" the fictional shortage and save us.
Duh.
I can't even imagine what these folks are smoking... or is it drinking the Kool-aid??
They are robbing youj blind so give them everything they want.
Sounds like Reagan giving arms for the hostages. Like "Charlie's War where they created and armed Al-qeda. Muddled thinking and sheep following.
My vote for one of the best posts. Finally, someone that can look beyond the billboards...
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Strawfoot
Flagstaff, AZ, USA
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Joined: 03/02/2003
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2Rad4U wrote:onrecess wrote:The oil companies are making a killing (exxon 100 billion aditional profit this year) with NO shortage, and their mouthpieces have many convinced to give them the drilling off FL and in the artic to "fix" the fictional shortage and save us.
Duh.
I can't even imagine what these folks are smoking... or is it drinking the Kool-aid??
They are robbing youj blind so give them everything they want.
Sounds like Reagan giving arms for the hostages. Like "Charlie's War where they created and armed Al-qeda. Muddled thinking and sheep following.
My vote for one of the best posts. Finally, someone that can look beyond the billboards...
The oil companies are not making a killing. They are making just about what other equal sized companies are making. They are returning modest profits to shareholders. They do pay more in taxes than just about any company, though.
No shortages? Says who? The U.S. requires over 20 million barrels of oil each day. Domestically, the oil companies are producing around 8 million barrels a day. 8 is less than 20, right? That leaves us in short supply and requires us to import oil from overseas. You following? It's hardly "fictional". China says it will require 84 million barrels of oil per day by 2018, the current maximum output worldwide. When you see supply charts leveling off at 84 million barrels a day and you look over at demand charts that have a line going almost straight up past 148 million barrels in less than a decade, well, you don't have to be a math wiz to figure out what will happen.
As far as drilling off the Florida coast or in Alaska, there hasn't been any decision to allow either. Not for U.S. oil companies. China is planning on drilling off the Florida coast, it was reported. There has already been plenty of drilling in Alaska. Maybe you heard about the pipeline we built up there. The proposed site is in a protected area. It is a very small parcel of land and could provide years of domestic oil supply. It would also help reduce the skyrocketing oil prices of today.
As far as the muddled thinking of politicians like Ronald Reagan and how he may have supported the Afghan rebels while they were fighting the Russians, you might remember a day when other such muddled thinking politicians sat down with, and did business with Stalin. Not the ideal ally, to be certain, but the greater good was to defeat the Nazi's.
![[image]](http://www.historyplace.com/worldwar2/ww2-pix/yalta2.jpg)
* This post was
edited 07/18/08 11:36pm by an administrator/moderator *
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