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01-15-2015, 10:35 PM
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#1
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Just another Facist
Join Date: Mar 2002
Location: Now in Houston
Posts: 52,793
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EPA is going to burst your gasoline bubble
http://hotair.com/archives/2015/01/1...o-go-up-again/
They can't let these prices remain. It hurts their agenda
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WE ARE THE DUMBEST COUNTRY ON THE PLANET!
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01-15-2015, 10:57 PM
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#2
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Registered User
Join Date: Feb 2006
Location: Houston Tx.
Posts: 3,130
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This is all about stopping the US companies from competing with OPEC.
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Laboratory rats are susceptible to drug addiction, obesity, diabetes, heart disease and cancer.
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01-15-2015, 11:22 PM
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#3
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Racing Form Detective
Join Date: Jul 2007
Location: Lincoln, Ne but my heart is at Santa Anita
Posts: 16,316
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The article is wrong. The oil shale boom did not cause the drop prices. The lessening of demand by Europe and China did. The amount of oil produced by oil shale so small compared to the demand, it could not possibly effect the price crude by more than a buck or two. Since you missed it, Europe is in a full scale recession. China growth GDP has dropped from double digits to 5-6%.
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Some day in the not too distant future, horse players will betting on computer generated races over the net. Race tracks will become casinos and shopping centers. And some crooner will be belting out "there used to be a race track here".
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01-15-2015, 11:54 PM
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#4
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Registered User
Join Date: Feb 2006
Location: Houston Tx.
Posts: 3,130
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In order cause an oil glut, the Arabs are shipping out oil at record levels. The price of oil has gotten so low that in Texas, the fracking companies have already announced 30,000 layoffs.
The EPAs new rules are just another way the stop the US's oil production.
__________________
Laboratory rats are susceptible to drug addiction, obesity, diabetes, heart disease and cancer.
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11-17-2015, 02:14 PM
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#5
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Registered User
Join Date: Feb 2006
Location: Houston Tx.
Posts: 3,130
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The Arabs have won. It's not in the news, but I live in Texas Oil Country and massive layoffs of oil workers have occurred over the last two weeks.
The Arab created Oil Glut + Iran now legally exporting oil & the U.S.A. announcing that in 2018 it will begin to sell oil from the strategic oil reserve have made oil prices two low for American Companies to compete. We are again at the mercy of the Sheikhs & Mullahs.
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11-17-2015, 02:35 PM
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#6
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Registered User
Join Date: Jan 2006
Posts: 28,554
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Quote:
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Originally Posted by MONEY
The Arabs have won. It's not in the news, but I live in Texas Oil Country and massive layoffs of oil workers have occurred over the last two weeks.
The Arab created Oil Glut + Iran now legally exporting oil & the U.S.A. announcing that in 2018 it will begin to sell oil from the strategic oil reserve have made oil prices two low for American Companies to compete. We are again at the mercy of the Sheikhs & Mullahs.
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Maybe the Texas Oil companies should offer us the option of paying $4.00 a gallon for gas PERMANENTLY...so we could keep their workers employed.
__________________
"Theory is knowledge that doesn't work. Practice is when everything works and you don't know why."
-- Hermann Hesse
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11-17-2015, 02:37 PM
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#7
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gelding
Join Date: Oct 2008
Posts: 8,883
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Quote:
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Originally Posted by thaskalos
Maybe the Texas Oil companies should offer us the option of paying $4.00 a gallon for gas PERMANENTLY...so we could keep their workers employed.
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11-17-2015, 03:09 PM
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#8
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Registered User
Join Date: Feb 2006
Location: Houston Tx.
Posts: 3,130
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Quote:
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Originally Posted by thaskalos
Maybe the Texas Oil companies should offer us the option of paying $4.00 a gallon for gas PERMANENTLY...so we could keep their workers employed.
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That's what the Arabs did.
The Texas oil companies are the reason that prices have gone down.
But don't worry about it, in the near future you can thank the Arabs for bringing the gasoline prices up to a $4.00 that you feel comfortable paying.
Last edited by MONEY; 11-17-2015 at 03:10 PM.
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11-17-2015, 03:49 PM
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#9
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The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,861
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Democrats are already posturing to pile on with high gas tax increases to pay for the repairs of infrastructures that we already spent 20 trillion dollars on not doing.
__________________
Who does the Racing Form Detective like in this one?
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11-17-2015, 04:01 PM
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#10
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Registered User
Join Date: Oct 2007
Location: North Riverside, Il.
Posts: 16,104
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Quote:
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Originally Posted by JustRalph
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If the EPA is trying to reduce US domestic oil production, they have failed miserably. According to this,
http://www.eia.gov/dnav/pet/hist/Lea...s=MCRFPUS1&f=M
2015 has recorded the six highest months for oil production since 1973.
Just Ralph is like an online Zombie. Even months after his PA "death" he keeps popping up spreading nonsense.
__________________
"When you come at the King, You'd best not miss." Omar Little
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11-17-2015, 04:11 PM
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#11
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Registered User
Join Date: Oct 2007
Location: North Riverside, Il.
Posts: 16,104
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Quote:
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Originally Posted by MONEY
That's what the Arabs did.
The Texas oil companies are the reason that prices have gone down.
But don't worry about it, in the near future you can thank the Arabs for bringing the gasoline prices up to a $4.00 that you feel comfortable paying.
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In post #4 you said,
"In order cause an oil glut, the Arabs are shipping out oil at record levels."
This would have the effect of lowering prices. At least that is the way I understand economic theory. But above you say "The Texas oil companies are the reason that prices have gone down." Which is it?"
You blame the Obama administration because you think prices are going up. (They didn't) and you blame the Obama administration because prices are too low and workers are being laid off. Funny how the only time you stand up for workers is if you can bash Obama.
__________________
"When you come at the King, You'd best not miss." Omar Little
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11-17-2015, 04:20 PM
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#12
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Registered User
Join Date: Jan 2006
Posts: 28,554
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Quote:
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Originally Posted by MONEY
That's what the Arabs did.
The Texas oil companies are the reason that prices have gone down.
But don't worry about it, in the near future you can thank the Arabs for bringing the gasoline prices up to a $4.00 that you feel comfortable paying.
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Yes, it's those freaking Arabs.
They've got some nerve turning Exxon Mobil into the most profitable company in the world.
__________________
"Theory is knowledge that doesn't work. Practice is when everything works and you don't know why."
-- Hermann Hesse
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11-17-2015, 04:20 PM
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#13
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Registered User
Join Date: Feb 2006
Location: Houston Tx.
Posts: 3,130
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Quote:
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Originally Posted by mostpost
In post #4 you said,
"In order cause an oil glut, the Arabs are shipping out oil at record levels."
This would have the effect of lowering prices. At least that is the way I understand economic theory. But above you say "The Texas oil companies are the reason that prices have gone down." Which is it?"
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It's both. If the Arabs did not create the oil glut, both the Arabs & Americans could be oil producers. But the Arabs want all of the oil money not most of it, so they put more oil out into circulation that can be consumed in order to put the competition out of business.
I'm Pro Union, so anything that Obama does that is pro workers I am for.
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11-17-2015, 04:25 PM
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#14
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Veteran
Join Date: Mar 2009
Posts: 9,893
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Quote:
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Originally Posted by thaskalos
Yes, it's those freaking Arabs.
They've got some nerve turning Exxon Mobil into the most profitable company in the world.
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Exxon isn't the most profitable company in the world or in this country based on operating profit dollars or operating margins. More importantly, their return on invested capital should fall out around 6% this yr, not an impressive stat.
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11-17-2015, 04:41 PM
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#15
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Registered User
Join Date: Jan 2006
Posts: 28,554
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Quote:
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Originally Posted by Saratoga_Mike
Exxon isn't the most profitable company in the world or in this country based on operating profit dollars or operating margins. More importantly, their return on invested capital should fall out around 6% this yr, not an impressive stat.
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Exxon Mobil was the world's second-most profitable corporation in 2014. And...while the Arabs were getting blamed for the escalating oil prices of 2007...Exxon reported a record annual profit of 40.6 billion...which was the largest annual profit ever reported by any U.S. company. The SECOND-largest profit ever reported was the $39.5 billion that Exxom made in 2006.
Sorry...I shouldn't have said "second-most profitable in the world."
I should have said the second-most profitable of the Fortune 500 .
__________________
"Theory is knowledge that doesn't work. Practice is when everything works and you don't know why."
-- Hermann Hesse
Last edited by thaskalos; 11-17-2015 at 04:50 PM.
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