Free Republic
Browse · Search
News/Activism
Topics · Post Article

As allied armies romp to victory after victory in Iraq, the opposition concentrates mass on the vulnerable Western energy jugular. Each day the price of crude increases, the debased dollar weakens further. Joe six pack getting crushed again every week at the pump.

The classic Eastern stretch-and-break attack continues as a major terrorist strike will propel crude into the stratosphere. A year from now $62 will look like a bargain.

J

1 posted on 08/01/2005 10:34:46 AM PDT by Jomini
[ Post Reply | Private Reply | View Replies ]


To: Jomini

George W. Carter.


2 posted on 08/01/2005 10:45:37 AM PDT by Finalapproach29er (America is gradually becoming the Godless,out-of-control golden-calf scene,in "The Ten Commandments")
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Jomini
a spate of U.S. refinery outages

How the HELL do refinery outages raise the price of crude oil? If anything, that means refineries will be buying slightly LESS until the outages are fixed.

There's some serious manipulation going on here...

3 posted on 08/01/2005 10:47:06 AM PDT by dirtboy (Drool overflowed my buffer...)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Jomini
..refiners struggle (to control laughter & glee).
4 posted on 08/01/2005 10:47:37 AM PDT by norraad ("What light!">Blues Brothers)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Jomini

Read over the weekend via newspaper that CAFTA will result in US exporting billions in petroleum. Maybe the exporting will be temporarily stopped but I won't hold my breath. The American consumers are being gouged horribly so why in the world does the US oil companies and govt want to export petroleum to the central american nations when it could be used at home. Message to the oil companies and to the govt: charity begins at home.


6 posted on 08/01/2005 10:53:46 AM PDT by lilylangtree
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Jomini

So, what's the odds on this Abdullah guy? 81? Couldn't walk without Dubya holding his hand......

One thing about high oil prices; it replenishes the Saudi treasury.....helping them and their vital interests....


10 posted on 08/01/2005 11:09:04 AM PDT by swarthyguy
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Jomini

I don't know why King Faud's death would cause the price of oil to rise. If they plant him, he'll turn into oil eventually, thereby increasing the total supply and reducing the price, right? Well, yeah, granted it'll take a few hundred centuries...


12 posted on 08/01/2005 11:16:43 AM PDT by southernnorthcarolina (I support tax cuts for the rich -- and I vote!)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Jomini

The commodities speculators will use any excuse to bid up oil prices. If I were the President, I'd announce this week that we are in war time and will start rationing gas to x-number of gallons per driver starting Sept. 1. It would be so simple to do with computers keeping a tally on your driver's license number. Talk about a market crash! I'd be delighted to have played a part in the war on terror by putting the Saudis and the oil speculators out of business.


15 posted on 08/01/2005 11:21:26 AM PDT by kittymyrib
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Jomini
The oil speculation going on is absolutely ridiculous. If someone yells "boo" too loud at an oil rig, the price jumps by 2 bucks.

Something has to be done. The economy can't take much more of this.
17 posted on 08/01/2005 11:23:47 AM PDT by mysterio
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Jomini

Maybe daddy Bush should get down on his prayer rug and offer prayers or something to hold down oil speculation.


24 posted on 08/01/2005 11:29:39 AM PDT by Dazedcat
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Jomini

Crude rising on King Fahd's death is absurd. He was worse off than Terry Schiavo. Abdullah has ruled for years.


26 posted on 08/01/2005 11:30:51 AM PDT by montag813
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Jomini
61.85

People are going to be real annoyed when they can't afford gasoline and doughnuts at the convenience store anymore. At least if they choose doughnuts they will be annoyed at home instead of out in public.

27 posted on 08/01/2005 11:33:45 AM PDT by RightWhale (Substance is essentially the relationship of accidents to itself)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Jomini
the new king and Crown Prince were both octogenarians

They must be running low on half brothers and on years during which this generation can pass along the crown. Who takes over when the last of this generation dies? There must be hundreds of possible claimants and that is asking for a very messy succession.

33 posted on 08/01/2005 11:43:15 AM PDT by JohnBovenmyer (I)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Jomini
Oil prices climbed above $61 a barrel to a three-week high on Monday as Beduoin farts in desert.

About as real as any other reason.

34 posted on 08/01/2005 11:50:29 AM PDT by sinclair (It's probably a good thing I'm not in charge of stuff.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Jomini; All
For the collection of Economic illiterates of the doom and gloom brigade pushing this hysteric nonsense on Oil, read this and weep. All your delusion of coming disaster are smashed to wreckage on this little economic reality.

http://en.wikipedia.org/wiki/Supply_and_demand


Don't you guys think that after pushing the same old chicken little hysteria on oil since the 1970s that you could finally come up with some new lines?
35 posted on 08/01/2005 11:55:38 AM PDT by MNJohnnie ( Iraq is a Terrorist bug hotel, Terrorists go in, they do not come out.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Jomini

Bush, Hell! It's CARTER'S fault.


44 posted on 08/01/2005 12:43:06 PM PDT by ApplegateRanch (The Marching Morons are coming...and they're breeding beyond all reason!)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Jomini

ROFLMAO

the Sky falls ...

You have the breathless doom-n-gloom down to an art form!


56 posted on 08/01/2005 2:34:42 PM PDT by WOSG (Liberalism is wrong, it's just the Liberals don't know it yet.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Jomini
Saudi King dies. Price of oil increases.

George Soros is to blame!

66 posted on 08/01/2005 4:13:00 PM PDT by Doe Eyes
[ Post Reply | Private Reply | To 1 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson