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The Biggest Oil Discovery In 50 Years?
The Economic Collapse ^
| July 23rd, 2013
| Michael Snyder
Posted on 12/03/2013 2:48:33 AM PST by 2ndDivisionVet
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Comments?
To: 2ndDivisionVet
Libturds! They make ridiculous assertions and God laughs!
2
posted on
12/03/2013 2:52:52 AM PST
by
wastoute
(Government cannot redistribute wealth. Government can only redistribute poverty.)
To: 2ndDivisionVet
How can 0bama sabotage this?
3
posted on
12/03/2013 2:53:41 AM PST
by
Excellence
(All your database are belong to us.)
To: 2ndDivisionVet
Impossible....the libtards have been pushing “Peak Oil” for years so isn’t about time mother earth ran out....already ?
Thankfully libtards are never wrong...
4
posted on
12/03/2013 2:56:31 AM PST
by
Popman
To: 2ndDivisionVet
Sounds like someone's found some black gold.
5
posted on
12/03/2013 2:57:34 AM PST
by
McGruff
(Obama lied. Period!)
To: 2ndDivisionVet
Australia is a lot more stable than the middle east,then I add in China’s new thirst for petroleum. Next I stir in a much shorter shipping route to China. To my mind that makes Australia’s oil a very tempting morsel for China over the next century.
To: 2ndDivisionVet
7
posted on
12/03/2013 2:58:07 AM PST
by
Bullish
(America should yank Obama like a rotten tooth before he poisons the entire body)
To: 2ndDivisionVet
According to libtards...we will invading Australia to steal their oil....as soon as we have a conservative potus....
8
posted on
12/03/2013 3:00:42 AM PST
by
Popman
To: 2ndDivisionVet
Well Instead of Arabic we will have to learn how to speak Australian!
9
posted on
12/03/2013 3:05:59 AM PST
by
Jimmy Valentine
(DemocRATS - when they speak, they lie; when they are silent, they are stealing the American Dream)
To: 2ndDivisionVet
Can we start to make real cars again?
10
posted on
12/03/2013 3:11:48 AM PST
by
FroggyTheGremlim
("It is not the color of his skin, ... it is the blackness that fills his soul")
To: Jimmy Valentine
Well mate oil seems to be peaking on the high end instead of the low end.
To: 2ndDivisionVet
To: 2ndDivisionVet; McGruff
This is actually quite humorous , Coober Pedy , the town near the find is where the Mad Max movies were filmed and of course their subject matter was finding oil/gas in a world that is a wasteland... The locals of Coober Pedy were many of the actors in the film ,, yes they are that bizarre .. it is an area so hot that almost every building is underground.. It’s also the opal capitol f the world ,, many people find enough opals just digging out their houses to pay for the construction.
13
posted on
12/03/2013 3:57:42 AM PST
by
Neidermeyer
(I used to be disgusted , now I try to be amused.)
To: 2ndDivisionVet
Maybe they can build the Keystone Pipeline in Australia.
14
posted on
12/03/2013 4:01:13 AM PST
by
central_va
(I won't be reconstructed and I do not give a damn.)
To: ClearCase_guy
Why does that Nip have a Tommy gun?
15
posted on
12/03/2013 4:02:09 AM PST
by
central_va
(I won't be reconstructed and I do not give a damn.)
To: The Working Man
“...To my mind that makes Australias oil a very tempting morsel for China over the next century.”
Exactly what I was thinking.
16
posted on
12/03/2013 4:02:37 AM PST
by
SatinDoll
(A NATURAL BORN CITIZEN: BORN IN THE USA OF USA CITIZEN PARENTS)
To: central_va
Who can fathom the inscrutable mind of the yellow peril?
To: 2ndDivisionVet; thackney
So the bottom line is that we have plenty of energy resources. We do not need to be importing oil from OPEC or anyone else.Well, that's not how free markets work. Unless the author is making a stand for nationalizing the oil production (Hello, Venezuela.), the private enterprises that extract the oil would/should be able to sell the fruits of their economic risk and labor on the world market. It's a misconception (and an error in economics) to think that since the oil sits under our geopolitical boundaries, it would only get used within our borders.
In short, oil is a world market commodity. To restrict trade would only cause abnormal price inflation.
18
posted on
12/03/2013 4:07:52 AM PST
by
GreenAccord
(Bacon Akbar)
To: ClearCase_guy
This is what a Nip submachine gun looked like in WWII:
19
posted on
12/03/2013 4:14:30 AM PST
by
central_va
(I won't be reconstructed and I do not give a damn.)
To: 2ndDivisionVet
Anything to keep down Islamic Arab influence in the U.S. Much rather buy oil from old friends in Australia.
20
posted on
12/03/2013 4:15:18 AM PST
by
MuttTheHoople
(Nothing is more savage and brutal than justifiably angry Americans. DonÂ’t believe me? Ask the Germa)
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