Originally Posted by tony404 (Post 13903739)

about raising oil production, this should be interesting.They told w to piss off.
http://www.iht.com/articles/2008/03/...ast/cheney.php

Originally Posted by theking (Post 13903760)

It is my understanding that the world is currently glutted with oil...so I really do not know why oil producing countries would agree to increase production when there may very well be no way to store anymore oil...at this point in time. My understanding is there is a shortage of refining capabilities not a shortage of oil.

Originally Posted by tony404 (Post 13903775)

Actually all gas capacities are full in the us. It's in a article I posted here a while ago.

Originally Posted by tony404 (Post 13903739)

about raising oil production, this should be interesting.They told w to piss off.
http://www.iht.com/articles/2008/03/...ast/cheney.php

Originally Posted by Gouge (Post 13904123)

Who do you think should have been sent as a representitive if not Dick Cheney?

Where in that article did it say they told him to piss off...i cant find it?

Originally Posted by theking (Post 13903824)

..it is still the refining capacity that is the major problem....

Originally Posted by Tempest (Post 13904647)

Maybe they should spend some of those billions in profits to build more refinaries... and standardize on fuel accross all the states so they don't have to refine different shit for everyone... but then again.. they wouldn't be able to use refining etc. as an execuse to jack up prices anymore..

Originally Posted by Gouge (Post 13904123)

Where in that article did it say they told him to piss off...i cant find it?

Originally Posted by directfiesta (Post 13905093)

figures .....

From THAT same article:

... were you actually looking for the words " piss off " .... Head of states, aside from the cowboy, don't use such language. :2 cents:

Originally Posted by theking (Post 13903760)

It is my understanding that the world is currently glutted with oil...so I really do not know why oil producing countries would agree to increase production when there may very well be no way to store anymore oil...at this point in time. My understanding is there is a shortage of refining capabilities not a shortage of oil.

Originally Posted by spanky part 2 (Post 13905252)

You wouldn't understand 2+2 so I wouldn't expect you to understand the oil/gas crisis.

I could solve the whole issue in a day. Tell those fucking saudis they better rethink about pumping more oil. Give them the coordinates of a spot in the desert and tell them to look closely. Send in a cruise missile. Tell them the next one will have a nuke attached and is gonna hit their palace. Ask them again if they will pump more oil.

Rinse and repeat for every one of those fucking scumbag countries over there.

Then tell the US automakers that they have one year to come up with electric cars and ban all fossil fuel burning auto's from being built by 2010.

Give huge tax breaks to renewable fuel, and huge tax increases to big oil. Use that tax increase to build and improve all US infrastructure,especially our neglected power grid.

Prosecute all oil and military companies for war profiteering. Bring the troops home immediately.

Originally Posted by tony404 (Post 13907086)

You need a politician with really really big balls for that. They dont exist.

Originally Posted by spanky part 2 (Post 13905252)

Then tell the US automakers that they have one year to come up with electric cars.

Originally Posted by Tempest (Post 13904647)

Maybe they should spend some of those billions in profits to build more refinaries... and standardize on fuel accross all the states so they don't have to refine different shit for everyone... but then again.. they wouldn't be able to use refining etc. as an execuse to jack up prices anymore..

Originally Posted by spanky part 2 (Post 13905252)

Tell those fucking saudis they better rethink about pumping more oil. Give them the coordinates of a spot in the desert and tell them to look closely. Send in a cruise missile. Tell them the next one will have a nuke attached and is gonna hit their palace. Ask them again if they will pump more oil.

Originally Posted by Darth_Porn (Post 13909365)

Ok ... I'll let you guys in on a little secret:

The reason why Crude Oil price reached 109 US Dollars per barrel is NOT because OPEC reduced production and it's not because of higher demand.

It's mainly because the price of Crude Oil is quoted in US fucking Dollars and the USD has been taking a massive beating lately.

It doesnt cost them more to produce oil today than what it did a few years ago and supplies are on the same levels as before.
However since the value of the USD dropped about 15-20% this year alone for the oil & gas companies to continue to make the same profit, as lets say last year, they need increase the price by 15-20% to cover the difference.

So .. in short, the US Dollar and US economy in general, is MAINLY to blame for high gas prices.

You listen to big oil talking points too much. Lemme guess you heard that on FOX. So if your theory holds true, then if they doubled the amount of oil in the marketplace by pumping more, nothing would happen.

You are a fucking tool. Not a wrench or a hammer, you are the screwdriver that the end is stripped and the handle is broken.

:2 cents:

Originally Posted by spanky part 2 (Post 13909670)

You listen to big oil talking points too much. Lemme guess you heard that on FOX. So if your theory holds true, then if they doubled the amount of oil in the marketplace by pumping more, nothing would happen.

You are a fucking tool. Not a wrench or a hammer, you are the screwdriver that the end is stripped and the handle is broken.

Originally Posted by Darth_Porn (Post 13914675)

You dumb pathetic red neck looser ... I am not even in the US right now and unlike you I occasionally read up a little bit before posting something about who is to blame about anything.

If you think I am some kind of idiot (like you) who shapes his opinion based on something that was on FOX then you are even dumber than your dumb ass comments make you appear to be.

Why the fuck would OPEC pump out more oil? Just because the US doesn?t like paying more at the pump? Get real you fucking moron.
Prices went up even though production was unchanged. What does that tell you?
I am not saying that if the increased production it wouldn?t make an impact, but even that would be temporary because the USD will just keep getting weaker all the time. For this issue to be resolved Crude Oil prices need to start getting quoted on a stronger currency (EURO for example).


SEE SIG :321GFY

Originally Posted by Darth_Porn (Post 13909365)

Ok ... I'll let you guys in on a little secret:

The reason why Crude Oil price reached 109 US Dollars per barrel is NOT because OPEC reduced production and it's not because of higher demand.

It doesnt cost them more to produce oil today than what it did a few years ago and supplies are on the same levels as before.

Originally Posted by campimp (Post 13914743)

you are right about the dollar and oil relationship obviously. and it is only going to get worse as a couple more interest rate cuts are on the way

but it actually is costing more to pump oil these days, and as the world does more advanced drilling to find more oil it will get even more expensive.

but overall, yes, its the dollar, not OPEC that is the problem, but its easy for american gov't to blame the brown man in the middle east, instead of looking to itself and admit that it is the reason why oil is so high

Originally Posted by spanky part 2 (Post 13914805)

I don't blame the brown man in the middle east, I blame the white man in the white house, the white men running the oil companies, and the white men running the us auto companies.