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Ready for $262/barrel oil?
yahoo ^
| 1-27-06
Posted on 01/27/2006 5:23:10 PM PST by LouAvul
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Yikes.
1
posted on
01/27/2006 5:23:11 PM PST
by
LouAvul
To: LouAvul
BRING IT ON!!! (/Kerry)
My wife will enjoy biking to work, seriously. ;-)
2
posted on
01/27/2006 5:24:32 PM PST
by
NormsRevenge
(Semper Fi ... Monthly Donor spoken Here. Go to ... https://secure.freerepublic.com/donate/)
To: LouAvul
Maybe if at least 10 Nukes go off.
3
posted on
01/27/2006 5:24:38 PM PST
by
cmsgop
( Bill Clinton's License Plate..... "Herpes 1")
To: LouAvul
These good ole rich boys would not be trying to scare the little people because of politics now would they?
To: LouAvul
So this is a story from Yahoo, quoting CNN, quoting George Soros.....
To: LouAvul
If this isn't Soros trying to manipulate the market... I don't know what is....
6
posted on
01/27/2006 5:25:55 PM PST
by
fhlh
(Polls are for strippers and liberal spinsters.)
To: LouAvul
Geopolitical problems may drive it that high, but Peak Oil will be the fundamental driver. Investment banker Matt Simmons, for example, is predicting $200-$250 oil by 2010.
7
posted on
01/27/2006 5:26:18 PM PST
by
Mulder
(“The spirit of resistance is so valuable, that I wish it to be always kept alive" Thomas Jefferson)
To: LouAvul
The other, billionaire investor George Soros, wouldn't make any specific predictions about prices. But as a legendary commodities player, it's worth paying heed to the words of the man who once took on the Bank of England -- and won. "I'm very worried about the supply-demand balance, which is very tight," Soros says. I'm sure it is you piece of cr*p Soros, he's probably already arranged it with his mussie friends...
8
posted on
01/27/2006 5:26:36 PM PST
by
Palpatine
(Every single liberal is now an enemy of the republic!)
To: LouAvul
..In 1922, The Arabs...Offered to sell their oil rights to the U.S.A....Too bad, we didn't take them up on it.
9
posted on
01/27/2006 5:27:08 PM PST
by
skinkinthegrass
(Just because you're paranoid, doesn't mean they aren't out to get you :^)
To: LouAvul
Time to drill - ANWAR, California, Gulf Coast, National Parks, etc.
To: LouAvul
Opps. It's from CNN. Not Yahoo.
11
posted on
01/27/2006 5:28:28 PM PST
by
LouAvul
To: fhlh
If this isn't Soros trying to manipulate the market... I don't know what is.... Markets can be manipulated, but eventually the fundamentals will catch up.
Fundamentals being: Mexican oil production peaked last year. Kuwait peaked last year. Kuwait cut their reserves in half last week. And so on. Peak Oil will be here soon and may be the defining event of a generation.
12
posted on
01/27/2006 5:29:17 PM PST
by
Mulder
(“The spirit of resistance is so valuable, that I wish it to be always kept alive" Thomas Jefferson)
To: LouAvul
Well if all of these are possible scenarios then bring on the technology that allows us to get oil from shale. Let the rest of the world pay $262 while we sit fat and happy on our own resources.
To: All
So what. I hope it hits 5 bucks a gallon this summer. Alternate fuels will be developed in short order if that happens. I just hope it doesn't cripple us for too long as we adjust.
Seriously, we are very close to realizing what only crackpots used to spout 20 years ago. Ref: http://www.clean-air.org/
To: LouAvul
There are an estimated one trillion barrels of oil recoverable at today's prices from the oil sands of Alberta. The number one customer for that oil is the USA. If the Arabs want to sit on their oil, embargo their oil, eat their oil or rub it on their camels' heinies, I say let them.
15
posted on
01/27/2006 5:30:49 PM PST
by
Argus
To: LouAvul
Won't happen. They would destroy themselves. Oil is already nearly high enough to make the move to Hydrogen or other sources worthwhile. A worldwide oil shock like that would drive technology away from oil and ultimately bankrupt those who now profit from it.
16
posted on
01/27/2006 5:31:10 PM PST
by
Timmy
To: caisson71
Time to drill - ANWAR, California, Gulf Coast, National Parks, etc. There just isn't that much there. We need to find an alternative to oil.
17
posted on
01/27/2006 5:31:19 PM PST
by
Mulder
(“The spirit of resistance is so valuable, that I wish it to be always kept alive" Thomas Jefferson)
To: LouAvul
$262/bbl oil is not sustainable over a long period. There are plenty of other technologies -- coal liquefaction, biodiesel, and the like, that become profitable well before that pricepoint.
18
posted on
01/27/2006 5:31:25 PM PST
by
Campion
("I am so tired of you, liberal church in America" -- Mother Angelica, 1993)
To: Mulder
Peak Oil is for the most part nonsense.
But thanks to years of shenanigans by the left, Peak Pinch Points is indeed a concern.
To: LouAvul
Well, Soros bet on John Kerry and the 'Rats in the last election and lost everything he invested.
Before the United States allows oil to hit $262 a barrel, you will see total mobilization and a combined U.S./NATO occupation army moving into the Middle East for keeps.
20
posted on
01/27/2006 5:33:34 PM PST
by
mkjessup
(Thank YOU Jimmy F'in Carter, you chicklet-grinning SOB, for stabbing the Shah of Iran in the back.)
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