[LauraleeBraswell]

The subtitle tells it all

(our friends the Saudies, screwing us again)

[MikefromOhio]

You had to figure they would cut back at some point.

They probably will again too.

Soros was pumping up the market this summer. It never should have approached 50 a barrel, much less 40....

[MarkL]

Anybody else remember those lying sacks of $**t saying that they wanted to stabilize oil at about $25 a barrel before the election? And then letting it skyrocket above $50, just to (IMHO) try to hurt President Bush's chances for reelection! Yeah, these guys are our friends.

Mark

[Noachian]

our friends the Saudies, screwing us again

Let's not forget that there are western oil companies involved as well.

The Saudis are out front and highly visable in the oil game, but behind them are banks and businesses who keep a low profile while making profits off of the guy who fills up at the pump.

[bahblahbah]

1) Drill ANWR
2) Subsidize hybrids and electric cars
3) Build as many nuclear power plants as it takes to make us energy independent.
4) Watch OPEC sweat knowing the world would follow in our example.

This administration better not turn into a lame duck. I won't be satisfied unless we get Social Security reform, tax reform, immigration reform, tort reform, a sane energy policy, and conservative judges which will tell the ACLU to STFU. He'd better get cracking in January.

[Prime Choice]

[foobeca]

Most of that 1mil bpd cut will come from the saudis. Saudi oil is sour crude, which is laden with sulfer and sucks for making gasoline. Sour crude sells for a heavy discount and most refineries can't process more sour crude anyways.

When the Saudis increased output by 1mil bpd back when the price was at $55/b it had zero effect on the price. So why would then cutting that 1mil bpd of production have any effect?

Won't have much of an effect IMO.

[bray]

Time for a real Energy Bill! No more of these Can Recycling Bills the Rats are always proposing, smaller Eurocars and Mess Transit, time for real energy planning to free us from the ME!

Pray for W and Our Troops

[Malsua]

Why don't we burn coal? I ask this over and over and over.

We have the most coal and these days it can be used cleanly.

We won't have black cities like Pittsburgh in the 60s.

I cite this study over and over...folks seem to miss it.

Back to Coal

We need to flip the bird to the middle east. We have enough coal for our energy needs for 500+ years. EFF oil, EFF the middle east. We also have Roserun formations all over the country that havn't been tapped. We have everything we need here in the USA, let Japan and Europe fight over Middle East Oil...BURN THE DAMN COAL THAT WE HAVE!!! Can't someone let W know these simple facts? Mind Boggling.