Posted on 04/06/2008 11:05:38 AM PDT by kellynla
First off what part of my position is environmentalist??? It is a fact that fully a 1/3 of the run up of the cost of crude oil is directly tied to the drop in the value of our dollar. If you can’t see that our dollar is being dumped then you are a blind idiot. The oil execs told congress themselves, that they think that up to 1/2 of the run up of the cost of crude oil is due to speculation in the oil futures commodities markets. I guess they are environmentalist too. You are an idiot. Marxist delusions???? You haven’t the first clue what that even means. You’re a pair of clown shoes.
Yeah...sheet happens.
Careful if you rock the boat, you're apt to be called a deluded marxist. The company memo is that the ONLY reason that oil could possible be trading where it's at is due to us not drilling for oil in Alaska. Which is funny since California produces more oil than Alaska. Texas produces way more than Alaska. And they are developing an oil field in North Dakota that dwarves ANWR called the Bakken Formation. Hopefully that will be developed. None of it though will bring us back to $1.50 gas.
IMHO, it would be 'nice' if our 'leadership' even knew about the costs at the pumps
What leadership?
Once you get addicted to record profits quarter after quarter, it’s like a drug. And if you can bribe 51% of the government and your president holds hands with the head of Saudi Arabia, you can keep going, I guess forever.
Watch the idiot Democrats pass more laws to restrict drilling for oil and gas in the U.S. and at the same time call in oil company executives to blame them for rising prices.
I bet the stations all have cameras...against vandalism, but??
Environmentalists AND people who drive big 10mpg SUVs are both part of the problem. Even if gas was back down to $1.50 you are still sending a crap ton of money to countries that hate us by driving that inefficiently. If either one of those would go away (Environmentalists / Large # of huge [no problem with smaller] SUV drivers), gas would go back and stay at near $2 a gallon. If both went away, we could possibly see $1-$1.25/gallon again.
Declining dollar is one of the lesser factors involved. Even removing the weak dollar, oil went from $9 to $70/barrel in less than a decade. The biggest factors are huge increase in demand in China/India, burdensome regulations, and no drilling allowed in the US.
Definately a bubble in commodities but even when it pops I don’t think oil will drop below $70/barrel again anytime soon which means gas is staying near $3/gallon regardless.
OPEC, crime syndicates, governments, are not just names. There is always a "they" my friend.
NYMEX in the green...
Brilliant.
This could be the biggest nation wide freep of all.
Now I understand why Bill Gates is a democrat, it is because he gets to keep a 1/3 of his money now.
At what price will the majority of the single female and union thug democrats demand that we drill for more oil. Most Dems are not totally retarded regarding everything, just quite a few things.
But the idiots believe it's because of excess oil company profits. If that's the case, buy oil stocks.
Buying oil stocks is for suckers - the real money is in government, which siphoned $105 billion off of Exxon-Mobil worldwide last year.
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