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The Real Cause of High Oil Prices
Oilprice.com ^ | 08/28/2012 | James Stafford

Posted on 08/28/2012 6:33:16 PM PDT by bananaman22

click here to read article


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1 posted on 08/28/2012 6:33:20 PM PDT by bananaman22
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To: bananaman22

bump


2 posted on 08/28/2012 6:35:56 PM PDT by bcsco (Bourbon gets better with age...I age better with Bourbon.)
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Obama bows down to Saudi King | American Thinker | April 02, 2009 | Clarice Feldman | Posted on 04/02/2009 8:19:47 AM PDT by rdb3
Obama bows down to Saudi King | American Thinker | April 02, 2009 | Clarice Feldman | Posted on 04/02/2009 8:19:47 AM PDT by rdb3

3 posted on 08/28/2012 6:35:57 PM PDT by SunkenCiv (Play us a song, you're bananaman, play us a song tonight...)
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...

Thanks bananaman22.


4 posted on 08/28/2012 6:36:01 PM PDT by SunkenCiv (https://secure.freerepublic.com/donate/)
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To: bananaman22

Yeah really want to take advice from the advocate of “peak oil” scam at Oilprice.com

You might as well post from the National Inquire, they at least occasional are right unlike Oil Price.com


5 posted on 08/28/2012 6:36:22 PM PDT by MNJohnnie (Giving more money to DC to fix the Debt is like giving free drugs to addicts think it will cure them)
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To: bananaman22

Oilprice is not supporting Gasprice? Why is the cost of refining suddenly be so high? Can’t be the Federal Government. Oh No.


6 posted on 08/28/2012 6:48:48 PM PDT by oyez ( .Apparently The U.S. CONSTITUTION has been reduced to the consistency of quicksand.)
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To: oyez

Here in Indiana, we went from 3.56 to 4 bucks per gallon today.

Local news said Cheney is controlling all the gas pumps from Wyoming to kill Baraq’s re-election chances.


7 posted on 08/28/2012 6:52:57 PM PDT by nascarnation (Defeat Baraq 2012. Deport Baraq 2013)
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To: bananaman22

I got hired by Big Oil last week. I started yesterday working for an inspection contractor at the Phillips 66 Refinery in Wood River, Il. Today was the first time I have ever been to a Refinery and is completely different than anything I have ever done. Im looking forward to being part of the industry..


8 posted on 08/28/2012 6:55:29 PM PDT by cardinal4 (Do I really need a /s tag?)
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To: cardinal4

Welcome and don’t forget your PPE.


9 posted on 08/28/2012 7:01:16 PM PDT by razorback-bert (I'm in shape. Round is a shape isn't it?)
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To: nascarnation
Bush and Cheney got more powerful once they got out of office. Four years ago, the talk was about how inept they were.
10 posted on 08/28/2012 7:02:33 PM PDT by oyez ( .Apparently The U.S. CONSTITUTION has been reduced to the consistency of quicksand.)
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To: cardinal4
Congratulations on you new position. You should have an interesting future. Who knows? You could make a difference.
11 posted on 08/28/2012 7:06:51 PM PDT by oyez ( .Apparently The U.S. CONSTITUTION has been reduced to the consistency of quicksand.)
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To: razorback-bert

Thank you. I will be a radiographer just in time for the October turn around. They said 14 hour days, seven days a week for a month. I’ll take it, it could put me back on a paying basis..


12 posted on 08/28/2012 7:09:39 PM PDT by cardinal4 (Do I really need a /s tag?)
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To: bananaman22
I'm surprised the Democrats haven't made some claim that this is a “conspiracy by the oil companies against Obama” in this election year.

Supply and demand, and while this issue is far larger than Obama’s policies, he has nationally only fueled the fire with off shore drilling moratoriums, no ANWR, no to a pipeline, and his EPA that is now looking at CO2 as if it's a hazardous chemical.

I'm sure many pundits and the media will attempt to obfuscate this issue. Their president with his green pixy dust energy policies where all we need to do is inflate our tires to their recommended pressure is delivering this nation a nonexistent energy policy. It is obvious that the headlines of the day followed by a good dose of idealism and leftist ideology dictate what is done. God help us if he's reelected, because not to far behind fuel/oil prices will be electricity. CO2 regulation, mandatory green power mandates, a big “no” to nuclear... In a few years we will reap the harvest of what was planted by this administration in this respect as well.

13 posted on 08/28/2012 7:12:42 PM PDT by Red6
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To: bananaman22

Isn’t it possible the reason oil never goes below $75/barrel anymore is the inflated money supply?

Oil peaked at $70/barrel after Katrina in ‘05. Already that peak is a floor.


14 posted on 08/28/2012 7:13:27 PM PDT by ReaganGeneration2
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To: cardinal4

Congratulations.


15 posted on 08/28/2012 7:16:27 PM PDT by Red6
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To: All

It is said that the US has access to at least 300 years worth of oil even with accelerated growth...This oil and gas is available and doesn’t have to be imported or purchased from a foreign supplier...If this true and we consider that in the last 125 years, man has gone from the horse and buggy to walking on the moon, Why is it not feasible to expect another fuel source such as nuclear or something yet discovered in the next 125 to 250 years????

Use our OWN gas and oil..Quit supporting the ridiculous prices from overseas....


16 posted on 08/28/2012 7:30:23 PM PDT by JW1949
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To: ReaganGeneration2
“Isn’t it possible the reason oil never goes below $75/barrel anymore is the inflated money supply?

Oil peaked at $70/barrel after Katrina in ‘05. Already that peak is a floor.”

Bing, we have pumped 5 trillion dollars into banks in the last 3 years, that inflated the dollar or in other words made it about 25% less valuable in the world market. If Europe had not been run by Socialist and the Euro had not gone into the tank we would see Oil much higher.

17 posted on 08/28/2012 8:17:51 PM PDT by pwatson
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To: ReaganGeneration2
“Isn’t it possible the reason oil never goes below $75/barrel anymore is the inflated money supply?

Oil peaked at $70/barrel after Katrina in ‘05. Already that peak is a floor.”

Bing, we have pumped 5 trillion dollars into banks in the last 3 years, that inflated the dollar or in other words made it about 25% less valuable in the world market. If Europe had not been run by Socialist and the Euro had not gone into the tank we would see Oil much higher.

18 posted on 08/28/2012 8:17:55 PM PDT by pwatson
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To: oyez

And they still have that weather machine just where it always was - in the basement of Walmart headquarters. Just look how Isaac missed Tampa and the RNC and instead headed for New Orleans. We all know Bush hates everyone in New Orleans.


19 posted on 08/28/2012 8:20:40 PM PDT by Henry Hnyellar
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To: bananaman22

These are just some of the reasons/excuses why gas prices burning up your income.

_________________________________________

Iran is going to take over the world.

The refineries need maintenance

The speculators are doing it

We’re running out of oil

We have plenty

Americans are driving less, so we need to raise prices

The Chinese have millions of mopeds to fuel

There is a leak in a pipe in Moose Jaw Alaska

A rodent chewed through a line at the main pump station in Texas.

Demand is down but we are producing more however, our refineries have been and are being shut down

Prices will go to 6.75, but 3 days before the election, Obama will lower prices to 1.40 to ensure reelection

A school of endangered blowfish have been sucked into a pipe, and it takes time to get them out.

Iran has nukes

Unstable markets worldwide.

A big refinery fire

A small refinery fire

A refinery fire could possibly happen

New gas additives are being developed to make Americans even more stupid

They forgot to build a pipe

They don’t like pipes

Rich liberals want the price even higher.

Obama hates the oil industry

The oil industry hates Obama and are hoping this kills his reelection

Liberals want everyone ridding donkeys and bicycles to work as a sacrifice for the planet

We moved more armaments to the gulf because Iran is taking over the world

Wild money printing and massive deficits

Americans love high gas prices

Refinery margins are tight…They hardly make any money at all.


20 posted on 08/28/2012 8:31:43 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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