posted
Isn't it too little too late especially coming from him... people have been telling him for years to do it... he has 6 months left in his reign... he should just crawl under a rock and STFU...
-------------------- Let the world change you... And you can change the world.
Ernesto "Che" Guevara de la Serna Posts: 4669 | Registered: Mar 2004
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posted
Sadly, Mach, this is his 'I told you so time.' He's saying everything he knows he can't get the Dems to work on and when they don't and it hits the fan, the Repubs can point back and lay blame. It's done by every lame duck.
Game on.
Posts: 1802 | From: Utah | Registered: Mar 2008
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posted
...and it's going to work too. Nancy Pelosi pulled the offshore drilling bill at the last moment in a panic. If the wacko socialists hold the line on their environmental nonsense, they're going to alienate the majority of voters. They should walk away with this election by a landslide, but they're doing their best to blow it!
Posts: 1577 | From: Ohio | Registered: Oct 2007
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posted
Ha ha ha....yeah I honestly don't think the whole 9/11 conspiracy is true...I just threw "A" in there for humor...
But I'll tell ya...this off-topic thread is my favorite thread on any message board now.
I'm not sure if it's the fact that I'm getting older (25 in september)...or if it's the fact that being able to vote is new to me....or if it's just that we are living in strange and unusual times.....
But I love reading news and paying attention to the world I live in more than ever....
Posts: 2321 | Registered: Aug 2006
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-------------------- It isn't so much that liberals are ignorant. It's just that they know so many things that aren't so. Posts: 6949 | Registered: Apr 2004
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quote:LOL i agree that Bush wanted the price of oil to be high all along.. but? i don't think he did 9-11 to get it.
That's ridiculous! Why would he want the price of oil to be high? Does he have millions of dollars invested in oil rigs? Does he want his legacy to be the president that was in charge during an economic collapse (which I believe is coming soon)? How does Bush benefit from oil prices being high?
Posts: 1577 | From: Ohio | Registered: Oct 2007
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posted
I'm not sure if it's the fact that I'm getting older (25 in september)...or if it's the fact that being able to vote is new to me....or if it's just that we are living in strange and unusual times.....
But I love reading news and paying attention to the world I live in more than ever....
Careful, Ace, lol. 'Ignorace is bliss' isn't just a catchy phrase.
I'm starting to think this was bush's plan all along....
A. Knock down the towers
B. Go to war with Iraq to cause gas to sky rocket
c. Make americans suffer at the pump....and beg congress to lift the drilling ban
LOL everyone is a skeptic these days, and the internet sure doesn't help by allowing more and more conspircy crap to surface and brainwash people.. to say bush planned 9-11 and the war is absolutely retarded. i don't like the guy all that much but come on now wake up, there are TERRORISTS in the world and most of them HATE US!!! next people are saying bush is the ring leader training al-queda and terrorist forces around the world to kill people so we have a reason to war with the world? LOL give me a break!
anyway I hope you're taking advantage of the oil surge. Theres plenty of money for us to make!
posted
I really don't understand how this new drilling is going to lower prices at the pump for us.
If so from what I hear on the news oil companies currently have 38 million acers under oil lease programs that they don't drill on now why not?
And lets say they did drill for more domestic oil why would they do all that work and sell it to us less than they could get on the market if you really think they would do that then you must be a socialist or think that oil companies are santa clause.
The only oil companies that do what you want and exspect them to do are state run.
In other words no free market state orderd pice and production hello General Chavez
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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quote:LOL i agree that Bush wanted the price of oil to be high all along.. but? i don't think he did 9-11 to get it.
That's ridiculous! Why would he want the price of oil to be high? Does he have millions of dollars invested in oil rigs? Does he want his legacy to be the president that was in charge during an economic collapse (which I believe is coming soon)? How does Bush benefit from oil prices being high?
you are joking right? there's more ways to make money off what's going on than oil riggs, and with less risk too..
i don't think Bush expected oil prices to get this high. he sided with the big bankers and the traders.
i listen to various news stations most all day.
people are sitting here saying doomsday and oil in the same breath on the news all day long.
people say "how did oil double in less than a year"...
well it did the year of the '00 election too.
study how the futures markets work. 10 cents in gets you a dollar out- short or long ... everybody stopped shorting after Katrina...
that's the same thing that cause the '29 crash..
and? apparently its the same thing that broke the mortgage markets too, but they did it a little differently... in the mortgage market? it was 20 to one leverage in alot of the trading...
YES! Bush and Cheney (HAL ?) wanted oil higher, but they are totally incompetent as human beings and business persons....
-------------------- Don't envy the happiness of those who live in a fool's paradise. Posts: 36378 | From: USA | Registered: Sep 2003
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posted
If bush helped oil companies raise the price of oil...they agreed to give him big donations probably...and will hook him up bigly after he leaves the office.
How did the clintons become super rich over night???
Did they get rich just from all of Bill's guest speaking???
Posts: 2321 | Registered: Aug 2006
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posted
the futures markets were originally designed so that farmers could lock in good prices on their crops.
at harvest time? everybody was delivering their produce at the same time. this put the farmers at the mercy of the granary, who of course being a good business person would pay as little as they could get away with. the futures market matched the farmer with other buyers. today? ten people might buy and sell your food before it ever gets to the granary...
all these farmers that have fields underwater right now? they HAVE to buy contracts to cover what they already sold.... that runs up the price. theoretically other farmers would sell them the contracts so that the farmers won't be short.
in oil? it's not the same game. in oil? you can SLOW down delivery or speed it up by choice (barring Katrina like events)...
just increase the speed of your pumps, or your tankers... U.S. crude supply drops 4.8 million barrels By Myra P. Saefong Last update: 10:39 a.m. EDT June 4, 2008 Comments: 28 SAN FRANCISCO (MarketWatch) -- Crude supplies dropped by 4.8 million barrels to 306.8 million for the week ended May 30, according to the Energy Department Wednesday. Motor gasoline supplies rose 2.9 million barrels to 209.1 million barrels. Distillate stocks were up 2.3 million barrels at 111.7 million barrels. Refinery utilization was at 89.7% compared with 87.9 % of capacity a week earlier. Following the news, July crude was last up 79 cents at $125.10 a barrel. End of Story
the week before? there were oil tankers lined up and waiting longer than normal to unload prices and dropped (a little)
posted
Those that opose offshore drilling as a solution to gas prices...keep saying the same thing
They say even if they make a big oil find...it would take years to start production....and even more time for it to have an effect on prices....
Okay......but what if they started this 10 years ago???
Mabey we would be seeing the benefits now or say a few years ago before the price jumped in the first place.
We could be enjoying under a $$ buck $$ gas right now....
We shouldn't make the same mistake again....now is the time to find all the oil we have available...what if we discover we have more oil than anyone could have imagined?????
Posts: 2321 | Registered: Aug 2006
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posted
those that oppose more drilling wish to see a new economy born Ace. they are looking further ahead than a few months of oil production.
in the time that it takes to get these oil fields drilled? we can have a completely revamped economy.
it really is that simple.
people don't realise that one US oil field (by itself) usually supplies a few days to weeks of our consumption.
look it up. we use 20 million barrels daily... world consumption is about 80 million barrels daily... that's why the big 5 don't/haven't pushed hard to drill here. if they really WANTED to they would have gotten the laws passed. IMO? they are happy with the laws the way they are because it keeps the little guys OUT of the competition...
i like McCains idea of 45 new nuke plants. we also need to get solar going big time..
then we need to have plug-in hybrids that run 75% on electricity.
in the same ten years? we can have all that (maybe only 10 nuke plants finished, but 25 more close to being finished) built and running and forget drilling oil...
this campaign to drill more is short-sighted because it just delays the inevitable which is oil WILL be gone this century. and we just started using it LAST century. why use up what took over 100million years for the earth to produce in 200 years? even if we drill here? we'll still pay world market prices unless we go off the world commodities market. and we won't do that even if the democrats win 61 seats in the Senate and the White House...
the Chinese and Indian economies are buying oil against US on that market and they'll continue to buy more.. drilling here will just feed more consumption.
IF we had started building an electric based transportation system 10 years ago? we'd already be off oil by 50% toady...
wait!!! we did start and somebody stopped it...
i saw Ford and Toyota test cars/light trucks running all over the UC Riverside campus for 3 years, and they did great... then the CA electric crisis hit... end of story.
-------------------- Don't envy the happiness of those who live in a fool's paradise. Posts: 36378 | From: USA | Registered: Sep 2003
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But we still need to have all the resources available..that we can...
Just for backup...why wouldn't we
Nobody knows how long these new technologies will take to develope...if ever. a couple decades ago people were talking about flying cars by now...and we can't even get electric cars to the market...LOL
Alternative energy and a new economy born sounds great...and Im all for it!!!
In the mean time let's get all the oil we can as a back up plan while we wait for the new technologies to be mass produced...
which ever happens first...whether it's several big oil finds in the US, fuel cells, or cars that run on water....I will personaly hand the winner a hand full of Scooby Snacks Posts: 2321 | Registered: Aug 2006
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i've never been against drilling outside of areas where we know we'll destroy too much of our ecosystem. like the Chesapeake bay and other inland waterways. No matter how hard we try? we'll always have accidents.
ANWR? i don't mind drilling there as long as we hold tight reins on the cleanups...
there is a huge list of accidents in '06? the Alaska pipeline had to be closed because BP had not done proper maintenance on it...
Leak is latest of Alaska's pipeline woes Some 500 spills a year occur in the Prudhoe Bay oil fields and along the 800-mile, three-decade-old pipeline system. By Brad Knickerbocker | Staff writer of The Christian Science Monitor
i BELIEVE the big 5 oil co's are moving slowly but surely into alternative energy. they have the $$ to do it.. but htey are going to pull every last $$ out of oil that they can before they diversify fully... it isn't a conspiracy, it just GOOD BUSINESS PRACTICE..
EXXON is selling off their retail outlets, WHILE they buy back their own stock. WHY? they have a plan and it involves being the biggest corp in the wolrd for a LONG time to come, oil or no oil.
BP is investing heavily in alternative energy already.
-------------------- Don't envy the happiness of those who live in a fool's paradise. Posts: 36378 | From: USA | Registered: Sep 2003
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