Oh yes, please have others keep paying my state taxes.
Posted on 08/10/2004 9:21:57 AM PDT by Jomini
The enemy has been successful in expanding the battlefield. All the cruise missiles and MBT in existence are useless against this type of attack. Should oil prices breach the $50 plateau in the coming weeks then an unpleasant result should be anticipated in November.
J
"NO WAR FOR OIL!".....well, at least that cry of the left has been drowned out.
I don't understand why, only 15% of our oil comes from Saudi/mid East. Ours mostly comes from Mexico and South America.
and the white house says and does nothing about it. in fact, we are still adding to the strategic petroleum reserve at $45 a bbl.
Dow is up 70 points...
If the pols are that worried about the price of gas, there is something they could actually do right away: drop fed, state, and/or local taxes. Which makes a flock of a lot more sense than tapping the SPR, BTW, something that twit, Sen. Schumer suggested a while back.
These oil prices now have a running start -- momentum that can be driven efficiently each day by what seem as diverse and uncoordinated events. Each trading day in August has set a new record as the bases are loaded for what the opposition hopes is a walk-off Grand Slam.
A successful terrorist strike on US or British refining interests could send oil to 75-90 dollars a barrel. That would collapse the western economic structure just before the election in November and hand the opposition the John Kerry presidency they desire.
Time to move in the infield and bring in the knuckleballer. Time to let those speculators driving the oil prices get the Hunt brothers' treatment. Then like Mr Nixon in 1972, president Bush can lay a number on the northern liberal who wants to surrender America to the enemy...
J
Funny... all the major networks are now blaming what is going on in Iraq for the high prices... it was actually the Yukos crap going on in Russia that got the prices so high to begin with... but there was hardly a whisper about that. Now that it can be blamed on Iraq, the networks are making it a point to tell everyone, again... and again... and again...
I'm not getting the metaphor. How would you "move in the infield and bring in the knuckleballer?"
Oil prices are dropping according to Drudge.
I love expensive oil, ping.
We are not paying anywhere near $45 for the oil going into the reserves. $45 is a spot market price today. The SPR is being filled with oil from long term contracts signed a long time before this price surge.
Oh yes, please have others keep paying my state taxes.
You seem confused about the relationship between crude and refineries. Reducing refining capabilities reduces the demand for crude which would drop it's price.
new contracts to fill it:
http://www.freerepublic.com/focus/f-news/1186613/posts
You guys have a sweet deal.
Plus a major quantity from Canada.
They've done that here in FL. Right now they have dropped state taxes by !0 cents a gallon I believe and we are now hovering at around $1.74 per gallon here. Not bad when you consider prices elsewhere.
oops 10 cents
Don't be impertinent!
Read and enjoy!
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