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the professor
Joined: 10 Jan 2003
Posts: 1164
Location: heartland USA |
Oil should be here anyday
 Wed Jul 23, 2003 4:40 am
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I thought this war was about oil. I'm still waiting for prices to fall because of a flooded market of oil. Oh wait I think I heard somewhere Rumsfeld and Bush were having gigantic oil tanks buried in their backyards and all that stolen oil should be filled in the tanks anyday now. |
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shatoga
Joined: 23 Nov 2002
Posts: 1291
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Wed Jul 23, 2003 8:59 am
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Impeccable logic Professor.
Back during the Ford administration, when hours long waits to buy a few gallons were common everywhere;
I asked an ARCO VP who was a family friend:
{San Diego}
"Why are all those tankers sitting so low in the water?"
He replied "Because every petroleum storage tank in America is full." He continued
"We have no capacity to offload them."
"Why can't we get any gas then?" I asked.
"The refineries were shut down a few months back for maintainance." he chuckled and continued
"That's why there's a shortage.
We just quit refining for a while and created this shortage.
It has nothing to do with OPEC.
They're just the fall guys."
"But congress is investigating." I said
"Energy Czar William simon said so on TV."
"By the time they get to our refineries; we'll be at full production."
I bought gas by the 55gallon drum at 2AM,
from people who made non-connected people wait
in line for hours to buy a 5 gallon maximum, during the next contrived fuel shortage.
Professor,
Notice again this winter the shortage of home heating oil, which will 'force' prices up.
Happens every year.
Didn't you notice how gas prices went up just before election 2000?
Just like precious metals, stocks, and diamonds.
gas prices are manipulated for maximum profit.
The rich didn't get rich by being philanthropists.
They got rich by being greedy and manipulative.
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Fastwalker
Joined: 26 Mar 2003
Posts: 832
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Wed Jul 23, 2003 9:24 am
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I heard Bush was going to fill the swimming pool at his ranch with the "black gold" and sell it at local fruit stands in apple cider bottles, under the table and tax free.... |
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shatoga
Joined: 23 Nov 2002
Posts: 1291
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Wed Jul 23, 2003 9:52 am
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Until FDR restricted drilling, oil prices dropped monthly.
There is so much petroleum available, it could be sold at 30cents a gallon with considerable profit.
American oil companies plan to buy, refine and sell every drop of Arab oil.
"When it's all gone, they'll have to buy from us at much higher prices."
I used to work capping wells.
Weld an open gate valve on top of the casing.
The fire usually goes out when the valve is closed.
Thousands of wells are drilled and capped throughout the rockies.
It's diamonds in the ANWR that they want to open it up for.
Any internal combustion engine can be cheaply converted to hydrogen fuel.
Hydrogen can be produced from sea water by passing a current through the salt water.
Wind power, as used enmass in northern California could produce the hydrogen.
The petroleum industry is a major backer and financier of bush the lesser.
the son-of-a-Bush who rules Amerika.
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Fastwalker
Joined: 26 Mar 2003
Posts: 832
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Thu Jul 24, 2003 7:27 am
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Actually...I like Harry Braun's ideas on hydrogen fuel using wind turbines….I prefer the off shore turbines, as a matter of fact, because wind is constant and there is a ready supply of water and electrolyte to produce hydrogen right at the source;
http://www.phoenixproject.net/index.htm
By the way, Bush has allotted more money in his budget for hydrogen research than any other president in history, in case you were unaware.
The reason we don't drill for oil in America, is because it is not cost effective. It is not cost effective because liberal policy and oppressive regulation due to leftist environmental activist organizations have driven the oil production industry out of America. You probably would make the argument yourself that we can't drill in ANWR. Again, here is yet another situation where liberals in your own party are stopping us from tapping our own energy…and by voting for them, you are part of the problem.
quote:
American oil companies plan to buy, refine and sell every drop of Arab oil.
Say it ain't so!!!!! You mean, oil companies plan to engage in that dastardly capitalism concept by BUYING low and selling for a profit??? Gasp! And who would be selling it to these oil companies, if not Iraqis? And who would the profit from the sell of raw crude to American companies benefit? And if it's cheaper for American companies to get oil from Iraq....who would benefit from the end product if not the consumer? Sounds terrible! Gasp...All those dastardly jobs that would create for people…Oh the horror!
Actually, you have a misconception about one thing Shat….(well a few thousand things, actually, but we‘ll deal with one here). The Iraqi crude will be sold on the world commodity market. The entire world will be buying Iraqi oil, not just American companies and this benefits the Iraqi people, and the world consumers of oil. I guess you preferred it before when oil profits only went to build Saddam's palaces and WMD programs?
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shatoga
Joined: 23 Nov 2002
Posts: 1291
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Fri Jul 25, 2003 6:21 am
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I preferred it when high octane premium cost 29cents a gallon.
I had to stop driving several high performance vehicles after Nixon's EPA mandated unleaded low octane sludge instead.
I remember when copper companies gave films out to schools crowing that 'the gold and silver refined as byproducts of copper mining payed for the entire operation.'
Then a conservative reorganization took place.
Those petroleum companies cried out they were going broke.
Those copper companies decided employees had to take lower wages and no benefits or lose their jobs.
No further mention of gold and silver byproducts paying for the total cost of mining copper.
Conservative lies had replaced non partisan reality.
Corporations that made billions began to show losses, as accountants sharpened their pencils until creative accounting hid every penny of profit and evaded taxes.
Oil wells are drilled and capped all over North America.
American energy policy is to use up everyone else's petroleum, then make the big bucks with a monopoly on the last reserves.
a search for hydrogen fuel showed that Bush is sending hydrogen fuel money to GM/Ford/and the oil companies to fund production of hydrogen fuel from petroleum.
No wind farms!
No improvement to the environment!
Just the usual suspects getting paid off for buying elections for America's keyser soze/
George Bush.
[Edited 1 times, lastly by shatoga on 07-25-2003] |
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theseeker
Joined: 25 Jul 2000
Posts: 3403
Location: Damnit...I'm a doctor jim |
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Fri Jul 25, 2003 7:42 am
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keyser soze/
George Bush.
sound kinda kinky there $#@#!....
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shatoga
Joined: 23 Nov 2002
Posts: 1291
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Fri Jul 25, 2003 8:54 am
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$eeker,
Being accused of being "kinky" by someone who has spent a dozen years obsessed with slick's 'willy'
That's wierd!
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theseeker
Joined: 25 Jul 2000
Posts: 3403
Location: Damnit...I'm a doctor jim |
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Fri Jul 25, 2003 8:58 am
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I'd like to call it entertained...
one more time...
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Fastwalker
Joined: 26 Mar 2003
Posts: 832
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Fri Jul 25, 2003 4:53 pm
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How come liberals are the only ones bringing up the subject of Slick's willy and then accusing conservatives of being obsessed with just the act itself? I mean…how did we go from alternative energy to Slick’s Willy, if it wasn’t for $#@#!’s comments? Well I know the answer to that....It's because liberals like $#@#! are lying hypocrites who can't hold a rational conversation, of course.
The truth is that Clinton was impeached because he lied before a Grand Jury, not because of what he did with his slick willy. Now a married guy getting his willy worked by another women (not his wife), in a public place so honored and revered by former presidents that they wouldn’t enter it without wearing a suit and tie is pretty disturbing behavior in and of itself. But this act of disrespect for the sanctity of marriage, the White House, honored public places and the presidency itself was performed by the President of the United States, the man with his finger on the nuclear trigger while Monica had her mouth on his….er….trigger, shall we say. That’s pretty disturbing. The fact that liberals defend this sick individual that used to contaminate the White House is disturbing.
Talk about making the United States the butt….or should I say head, of many jokes!….And liberals just say it’s nothing that a president should exhibit such psychotic behavior? And, at the same time they accuse Bush of lying when there is no lie there? Liberals are not only brain damaged…...they are sick hypocrites!
Damn, talking to $#@#! or any other of these liberal nut cases, really is like visiting Happy Acres funny farm and trying to have a rational conversation with a guy wearing a penguin suit, a lamp shade, and a pair of diving flippers. It just ain't happening! Liberals are nut cases.…(I was going to say “asswipes”) but when referring to $#@#!, I just thought that was too much dark imagery.
The real question is; Am I a nut case too for even trying to have a rational conversation dealing with fact and reality with these people, or am I just an optimist with faith in human nature? I’ll tell you one thing, if people like $#@#!, Crazy Larry, Mech, KnowThis, SuckingEggs, David…etc…etc are any representation of certain percentage of our population (and you know they are)….then my faith in human nature is severely diminished right there, and the world is in serious jeopardy if people like these ever gain power again. That’s why I feel some sense of relief that $#@#! and Mech seem to be saying they don’t vote in national elections….but even asking that question numerous times, I couldn’t get a straight answer out of them. |
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Feelin Kocky
Joined: 07 Jan 2003
Posts: 537
Location: Underground Weather Control Bunker |
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Fri Jul 25, 2003 8:06 pm
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I for one will be most pleased when the Arab oil runs dry. The sooner the better. |
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the professor
Joined: 10 Jan 2003
Posts: 1164
Location: heartland USA |
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Sun Jul 27, 2003 6:52 am
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What I find funny is the anti war crowd was crying that were there for oil but the oil production in Iraq is next to nill. And yet we are still there oh but wait the drilling parts will arrive anyday and alas the oil will be ours. |
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shatoga
Joined: 23 Nov 2002
Posts: 1291
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Tue Jul 29, 2003 1:55 pm
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As conservative comic - Jay Leno said about the hunt for Saddam Hussein:
"If he hides with those weapons of mass destruction- they'll never find him."
American soldiers fighting and dying for control of the Iraqi oil reserves is one thing!
Lowering prices to real people (and reducing profits) is too Liberal a concept to be seriously considered.
Anyone ever take a sick child to
the "Ann Rand Charity Hospital?"
Conservatives' cross IS the dollar sign: $
1 Timothy 6:10
"For the love of money is the root of all evil:"
Money itself is not evil.
Chairities use donated money to feed the poor and clothe the naked and heal the sick everyday.
A lecture on economics I attended:
"...by being willing to pay more, consumers force prices up.."
Idiot with a degree who spouted nonsense.
Consumers don't force prices up.
Merchants who band together as does the oil industry) to fix prices, force prices up.
Consumers would rather pay less than pay more.
Bush and Cheney both
condemned Clinton for releasing US oil reserves,
to combat shortages (and resultant price hikes)
They are both oil industry insiders, who know as well as I do,
any internal combustion engine can run on hydrogen, and hydrogen can be produced from sea water.
Bush administration hydrogen fuel grants have gone to companies producing hydrogen from petroleum.
Hydrogen fuel?
Meet the new boss. same as the old boss.
ain't the 4th reich vunderbar?
[Edited 1 times, lastly by shatoga on 07-29-2003] |
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Fastwalker
Joined: 26 Mar 2003
Posts: 832
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Tue Jul 29, 2003 6:40 pm
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Again, $#@#! proves he's clueless. When Iraq begins selling it's oil, it will be put into a pool known as the world's futures market. Now let's think about this for a second....Iraqis pump the oil. Iraqis sell the oil...money from the sell goes into Iraqi pockets. America, hopefully will use some of that revenue to cover the costs of re-construction and the war...but again, this benefits the Iraqi people.
Now...how do the futures markets work? Well the futures markets allow anyone, any country in the world to buy the oil in large contracts. The futures markets are merely a means of determining price through the most equitable way possible; THROUGH PURE CAPITALISM, SUPPLY AND DEMAND. Prices are actually lowered on the world markets by Iraqi competition, and adding a more pure and higher grade sweet crude to the markets. This forces organizations like OPEC to compete by lowering their own prices. (It certainly puts West Texas crude out of a position of being able to compete…so no benefit to Bush there!)
In turn we also have greater supply coming on to the world's futures markets, and anyone who is familiar with the supply and demand relationship knows what happens here; As supply increases, demand proportionately decreases, and prices closely track demand. As demand falls, so do prices...through a bidding, auction type process.
So the overall effect of putting Iraqi oil on the world markets will be to lower oil prices world wide.
Now if we look at the refineries and Gasoline companies, we see that they tend to operate at a fixed margin of profit. After their costs of refining oil into gasoline are factored into over all price, it is sold to the distributors at a fixed margin above purchase of the futures. In essence then, oil reaching the end consumer usually tracks very closely with futures prices. The gouging usually occurs at the gas stations which sometimes collude to bring up price above their costs as much as possible, but again here, we see that competition is usually fierce more often than there is agreement or collusion.
One station will often try to lower it's gas price a little bit to increase sales...and this sets off all kinds of competition and price wars between the local gas stations. We see this all the time. One day prices will drop at one station by four cents, and suddenly everyone else is forced to drop their price in order to COMPETE.
There's that word again...COMPETE. You see...this is what conservatives really believe in, markets governed by the laws of competition, free trade and supply and demand.
These “natural” market forces have historically been proven to provide the end consumer with the lower price possible. They are the most efficient regulator and determinants of price.
So again...we once again witness, $#@#!’s tiresome propensity for lying and distortion of truth and reality.....typical of the common liberal found on this board, and moreover, that he knows absolutely nothing of what he's talking about. It is readily apparent for any reasonable person to see that $#@#! is completely clueless, and operates from an attack mentality full of false accusation and innuendo. But again we see, that his statements have little to do with truth or reality.
The reality is that the Democrats are actually the most corrupt, money grubbing bastards in power. Don’t believe me? Just open your eyes…. Look at how Jesse Jackson exploits race to shakedown companies for his own profit. Look at how the Clinton's do nothing but raise money for themselves....(and no charity EVER benefits from what the Clinton's make)...And look at Gray Davis of California; His whole career has been about his own personal fund raising at the destruction of everything and everyone else. Democrats are worse than thieves, they keep whole entire populations suppressed and dependent on crumbs, using other people's money and claiming generosity for it, while they pocket the kickbacks. Democrats are not only the most corrupt and uncharitable people on Earth, they seek to hold people in poverty. Yes, what Democrats and the communists do to society is worse than criminal, it threatens the very survival of free societies. They benefit at everyone else's expense. That is their modus operandi....
Still don't believe me, just look at where a Union executive lives one day...look at the car he/she drives...Compare that with the workers of the union. And who do Unions overwhelmingly support despite the will of their constituents?....DemocRats.
$#@#! once again reveals his delusions...I rest my case.
[Edited 1 times, lastly by Fastwalker on 07-29-2003] |
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msu94
Joined: 16 Feb 2002
Posts: 207
Location: Tucson, AZ |
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Tue Jul 29, 2003 8:32 pm
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quote:
Anyone ever take a sick child to
the "Ann Rand Charity Hospital?"
[/B]
Bob Hope gave more money, land to hospitals than Lenin, Marx, Greenpeace or the Workers World party.
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