oil is flying

[lamboguy]

wow we are over $130 per barrel, gasoline at the pumps now over $4.00 per gallon. when the republican congress voted for the war in Iraq to protect our interests against terrorism, and the smooth flows of oil, we were at $24 per barrel. of course you must blame the democrat's for that one, its always their faults!

[ljb]

Lamboguy,
Please stop posting negative stuff about the Democrats. Put a positive spin on things. Corporate profits soar ! Board of Directors get bigger bonuses. You know that kind of stuff.

[ddog]

actually if as I have suspected for some time and posted or tried to on this board about 4-5 months ago, there are speculations taking place that are out of this world since the first of this year or so.

kind of a rolling bubble building in some of these commodity markets and Congress at this point Dim, has a roll to play in stopping this.
I linked to a pdf in one of the other goon threads which i think makes almost airtight arguments for some regulation in these areas.


So, yes , by default, it is the Dims fault , although I doubt they could get the regs passed and then enforced(which is the Repug problem).
Plenty of regs to do the job with already , but not enforced.

Just one of many times that "the market" doesn't behave along the "normally thought price/demand" curve.
Hard to believe for some , but it has always been there at various times.

[russowen77]

• Thank goodness. If it keeps going up I will be able to take one hell of a vacation this fall. We started pumping again at $70. I might finally get to go to Saratoga for a meet this year.

[bigmack]

[Tom]

Lambo, it is the world-wide oil market.....plain and simple. OPEC is chrging what they can get for it. So far, NO ONE IS NOT BUYING. Why should they lower it? Not one good reason.

Now, if you listened to some of the congressional hearing today, you would have heard a very good reply by the CEO of Shell - we have serious drilling, exploration, and refining problems in this country thanks to congress's stupid restrictions placed there to prevent us ever becoming independant of OPEC.
The price of oil has zero to do with politics in this country - but our inability to counter it is solely of our own doing. Your government at work.

[chickenhead]

hep me hep me

i cant afford to drive home

stuck at work

hep me hep me

[lamboguy]

the president gonna help you, he gonna send you some more rebate checks off your taxes, that will solve all your troubles

[Marshall Bennett]

The bottom line is OPEC really doesn't care . They're paying an average of 35 cents for a gallon of gas and we're approaching 4 dollars . Our technology put them in the drivers seat and now they're pinching our balls . If you ask me , they need to be given some serious incentive . Maybe we need to play hardball for a change , the balls always in their court .

[JustRalph]

getting close to 4 bucks in the Charlotte area. I am down south this week and I might stay for a while. At these prices...............

[chickenhead]

just filled up, $53 buckaroos.

I take it as a challenge. my truck is 19/25mpg, I just got a shade over 28 for a full tank...30 is my target.

I just figured it out...my first 4.8 minutes at work pay for me to get there, my last 4.8 minutes pay for me to get home.

The rest of the time...I'm just dicking around.

[ezrabrooks]

Never fear...we are getting ready to sue OPEC.. Is that what I heard today?

Ez

[Tom]

You heared correct. Over 300 voted to sue OPEC.
What a bunch of flamming idiots!

The libs were worried about our image overseas, now they will think we are the world's dumbest nation.

Sue OPEC for prices....this is grounds to throw every dip stick out of office.
I have never heard of anything so ridiculous in my life!

At the World Court ( or would this go to Judge Judy?)

"Your honor, OPEC is not pumping enough oil."
"Is that right, Mz Pelosi? How much has the USA increased it's oil production?"
"Uh, we prohibit drilling for oil, your honor,"


How the hell low can this worthless congress get? They are a world-wide embarrassment.
"......uh......mmm......Say WHAT BITCH?? Get your arse outta here."


See, this is liberish dem -speak. It is ok to drill for oil just not here. This is your environmental wacko mentality at work.

[jballscalls]

If we complain about the gas prices, does that make us Gas Goons???

[bill]

tom and all others

not to fight just making a statement

some people didnt read or understand what they read a certain post i believe was by ddog(had a link to an article)

it was about western movement of oil

in the article it stated that opec sold (or put on the mkt ) oil at 7.50 / bbl

im not good at searching and eyes to weak to reread all of the posts

if anyone knows what i m talking about please post a link