BREAKING ON BLOOMBERG.... Ambani Says Refiners Must Prepare for $100 or more Oil as New Norm | |
Anonymous Coward User ID: 970347 United States 05/14/2010 09:17 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 970354 France 05/14/2010 09:21 AM Report Abusive Post Report Copyright Violation | Totally. Thread: Gulf Oil Spill Disaster: The Trigger of American Economic Collapse? Speculation of $10 bucks a gallon is what I read right after the rig disaster. |
1-2-Follow User ID: 341826 United States 05/14/2010 09:24 AM Report Abusive Post Report Copyright Violation | Totally. Quoting: Anonymous Coward 970354Thread: Gulf Oil Spill Disaster: The Trigger of American Economic Collapse? Speculation of $10 bucks a gallon is what I read right after the rig disaster. why? it was an EXPLORATORY rig. do you know what that means? that oil had not even been figured into production. you're all suckers for the game they play. they could say it's too windy outside and that oil has to go up to $100 a barrel because of it and you fools would believe it. past has shone though the price per barrel doesn't make much difference at the pump. i've seen it above $100 and it be $4.00 at the pump, i've seen it above $100 and seen it around $2.00 at the pump. it's all a fucking charade. Articles and "news" from liberal media shall now be known as catnip for libtards. Truth is schilling in the empire of retards. "Yep but for now we dub you toast guy." - AC520845 *PROCLAIMED PROPHET OF THE DOW* ® Let me know when the climate STOPS changing, then i'll be worried. |
Anonymous Coward User ID: 970354 France 05/14/2010 09:27 AM Report Abusive Post Report Copyright Violation | Totally. Quoting: 1-2-FollowThread: Gulf Oil Spill Disaster: The Trigger of American Economic Collapse? Speculation of $10 bucks a gallon is what I read right after the rig disaster. why? it was an EXPLORATORY rig. do you know what that means? that oil had not even been figured into production. you're all suckers for the game they play. they could say it's too windy outside and that oil has to go up to $100 a barrel because of it and you fools would believe it. past has shone though the price per barrel doesn't make much difference at the pump. i've seen it above $100 and it be $4.00 at the pump, i've seen it above $100 and seen it around $2.00 at the pump. it's all a fucking charade. I totally agree. It's always about speculation. They will use anything. |
Matrix User ID: 966032 Australia 05/14/2010 09:34 AM Report Abusive Post Report Copyright Violation | |
Cultivator User ID: 967260 Australia 05/14/2010 09:38 AM Report Abusive Post Report Copyright Violation | Think you missed the point 1-2 Follow..... The statement was in regard to demand in ASIA.... not in regard to the oil rig leak issue.... There is no evidence of any 'hidden' supplies of super oil fields not being tapped and none new ones found for decades - so with population and consumption (and demand) growing massively and unsustainably - I think there is no doubt that geological limits and supply limits (along with this peaking demand and our entire lifestyle and economy addicted to cheap oil) are very real issues behind increasing oil prices.... as much as we know how many things are manipulated - we cant escape that fact - that humans are demanding and using more oil than can be produced... so perhaps this issue is less manipulated than you imply.... get ready for oil prices to continue increasing.... recessions to follow further oil and energy wars.... and a forced downsizing and a turn towards healthy re-localisation rather than relying on unsustainable globalisation - completely dependent on endless amounts of cheap oil.... |
Anonymous Coward User ID: 943867 United States 05/14/2010 09:44 AM Report Abusive Post Report Copyright Violation | Walk...ride a bus...ride a bike!!! I live in a small city where everything I need does not require a car. If I want one I just rent it for what I need to do...I have not spent a dime on gas/oil for over 5years... |
1-2-Follow User ID: 341826 United States 05/14/2010 09:48 AM Report Abusive Post Report Copyright Violation | Think you missed the point 1-2 Follow..... Quoting: Cultivator 967260The statement was in regard to demand in ASIA.... not in regard to the oil rig leak issue.... There is no evidence of any 'hidden' supplies of super oil fields not being tapped and none new ones found for decades - so with population and consumption (and demand) growing massively and unsustainably - I think there is no doubt that geological limits and supply limits (along with this peaking demand and our entire lifestyle and economy addicted to cheap oil) are very real issues behind increasing oil prices.... as much as we know how many things are manipulated - we cant escape that fact - that humans are demanding and using more oil than can be produced... so perhaps this issue is less manipulated than you imply.... get ready for oil prices to continue increasing.... recessions to follow further oil and energy wars.... and a forced downsizing and a turn towards healthy re-localisation rather than relying on unsustainable globalisation - completely dependent on endless amounts of cheap oil.... yeah i guess i jumped to the oil leak and didn't read the whole thing. they've been using the asia excuse for a few years now. it's still all just an excuse though. it's been up and down since then. does use in asia fluctuate that much over the last year or two to make the price go up and down between $60 and $140? Articles and "news" from liberal media shall now be known as catnip for libtards. Truth is schilling in the empire of retards. "Yep but for now we dub you toast guy." - AC520845 *PROCLAIMED PROPHET OF THE DOW* ® Let me know when the climate STOPS changing, then i'll be worried. |
Anonymous Coward User ID: 970401 Canada 05/14/2010 09:52 AM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward User ID: 849411 United States 05/14/2010 09:56 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 956591 Canada 05/14/2010 09:57 AM Report Abusive Post Report Copyright Violation | |
spiritnut nli User ID: 373242 United States 05/14/2010 10:04 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 968447 Poland 05/14/2010 10:19 AM Report Abusive Post Report Copyright Violation | [link to www.google.com] ------ HEY BEASTS - what did you do, when the TRUTH was revealed by the LAST PROPHET? [link to www.google.com] For the record, the only page as of today belongs to the same blog where the article of 2005, "Last glimpse of an age coming to an end - Satellite Photo", includes this photo [link to engforum.pravda.ru] "Coincidentally", what are the news from today? (1) Did I read in those news that it begun with a sinking oil rig? LAST PROPHET's words from 1998, with photo archived first 2002 [link to web.archive.org] Note (1) previous text was posted by Last Prophet immediately after the news broke out about a drilling rig that sank in the Gulf of Mexico |
Anonymous Coward User ID: 961830 United States 05/14/2010 11:24 AM Report Abusive Post Report Copyright Violation | Totally. Quoting: 1-2-FollowThread: Gulf Oil Spill Disaster: The Trigger of American Economic Collapse? Speculation of $10 bucks a gallon is what I read right after the rig disaster. why? it was an EXPLORATORY rig. do you know what that means? that oil had not even been figured into production. you're all suckers for the game they play. they could say it's too windy outside and that oil has to go up to $100 a barrel because of it and you fools would believe it. past has shone though the price per barrel doesn't make much difference at the pump. i've seen it above $100 and it be $4.00 at the pump, i've seen it above $100 and seen it around $2.00 at the pump. it's all a fucking charade. The only way to stop it is to quit using the gasoline, right now, act like it's 10.00/gal . Let the specs eat that shit for a summer, burn em at their own game. Or, just wait for Obmama to save your day, after the fact, and you're broke, and take some windfall profits for the socialist regime, and blame conservatives in November. |
Anonymous Coward User ID: 970480 United States 05/14/2010 11:37 AM Report Abusive Post Report Copyright Violation | THANK GOD! I work in the oil patch, I need to pay off a $300 000 line of credit. Quoting: Anonymous Coward 849411Not from OUR POCKETS, Thank you! Yes from Your pockets THANK YOU..... You act like WE are the ones taking it.... I mean seriously WE are honest people doing an honest job but yet You act like We are the enemy..... You blaming us is like blaming the construction workers on the rise of home prices... We just wan't to be able to work thats all. Our jobs are related to the price of oil and natural gas. When the price is high WE have unlimited work while when its low We might get lucky to get 5 months a year... All were asking for is the potential to work nothing more nothing less. It's not like were breeding like roaches and living on welfare which You seem to think we are. |
Nailer45 User ID: 970280 United States 05/14/2010 11:39 AM Report Abusive Post Report Copyright Violation | oil has went down $15 a barrel in 3 weeks and still slowly dropping. Light Crude 72.52 -2.53% [link to money.cnn.com] Markets OverviewDow -173.15 / -1.61% 10,609.80 Experience hath shewn, that even under the best forms of government those entrusted with power have, in time, and by slow operations, perverted it into tyranny. Thomas Jefferson |
Anonymous Coward User ID: 970480 United States 05/14/2010 11:41 AM Report Abusive Post Report Copyright Violation | THANK GOD! I work in the oil patch, I need to pay off a $300 000 line of credit. Quoting: Anonymous Coward 849411Not from OUR POCKETS, Thank you! Another fact You probably don't know. The gulf of mexico is primarily natural gas. The gulf provides 25% of our countries energy needs mainly for electricity. I'm not saying its 100% natural gas I am saying more than likely close to 80%.. So even if petroleum goes through the roof We could still be sitting at home. Now if natural gas goes up to 6 to 8 We would be working our butts off..... Another thing whats all the fucking hostility.... I don't see You attacking the evil insurance companies which produces nothing but a promise. At least the oil company produces a product that can be used and touched unlike the insurance companies. |
Anonymous Coward User ID: 960248 United States 05/14/2010 11:43 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 970432 France 05/14/2010 11:46 AM Report Abusive Post Report Copyright Violation | |
Blueacres User ID: 894464 United Kingdom 05/14/2010 11:57 AM Report Abusive Post Report Copyright Violation | BP's Statistical Review of World Energy, published yesterday, appears to show that the world still has enough "proven" reserves to provide 40 years of consumption at current rates. The assessment, based on officially reported figures, has once again pushed back the estimate of when the world will run dry. However, scientists led by the London-based Oil Depletion Analysis Centre, say that global production of oil is set to peak in the next four years before entering a steepening decline which will have massive consequences for the world economy and the way that we live our lives. The end is nigh! [link to www.independent.co.uk] "Two roads diverged in a wood and I, I took the one less traveled by." The Road Not Taken — Robert Frost, 1916 [link to www.bartleby.com] |
Anonymous Coward User ID: 970402 United States 05/14/2010 11:59 AM Report Abusive Post Report Copyright Violation | |
Blueacres User ID: 894464 United Kingdom 05/14/2010 12:04 PM Report Abusive Post Report Copyright Violation | A North Sea oil and gas exploration rig is on its way from Scotland to the North Falkland Basin to explore reserves. Scientists believe that the territory could have up to 60 billion barrels of oil underneath its coastal waters. The world's biggest oilfield is Ghawar in Saudi Arabia. It is thought to contain 80 billion barrels. The largest oilfield in the North Sea is Forties, which has five billion barrels. Or is it? "Two roads diverged in a wood and I, I took the one less traveled by." The Road Not Taken — Robert Frost, 1916 [link to www.bartleby.com] |
Anonymous Coward User ID: 826330 United States 05/14/2010 12:04 PM Report Abusive Post Report Copyright Violation | Ambani is wishing and wishing big. I read an interview in the Economic Times with Dave Ernsberger of Platts. He says Reliance is essentially losing money hand over fist, so I'm quite sure Mr. Ambani would love nothing more than to see $100+ / barrel oil in the very near future. The article even discusses the Chinese factor, especially with the upcoming World Expo in Shanghai and the possible demand increase in direct proportion to that event. However, he states that supplies are plentiful right now, so much so that fully loaded tankers are anchored offshore in many locations due to the lack of demand. Refineries have ramped down production because of the drop in demand as well. He even goes as far to say that this year's hurricane season will likely not have a dramatic effect on oil prices due to the overwhelming surplus in the world. So, essentially it appears Mr. Ambani is most assuredly trying to stir the pot to create a panic scenario for the sheeple, as they always seem to do when profit margins fall short. Not buying this line of bs anymore from the fat cats. Hope you all do the same. |
Blueacres User ID: 894464 United Kingdom 05/14/2010 12:05 PM Report Abusive Post Report Copyright Violation | [link to www.telegraph.co.uk] This may help...lol. "Two roads diverged in a wood and I, I took the one less traveled by." The Road Not Taken — Robert Frost, 1916 [link to www.bartleby.com] |
Anonymous Coward User ID: 847175 Canada 05/14/2010 12:05 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 886008 United States 05/14/2010 12:11 PM Report Abusive Post Report Copyright Violation | |
Punk A$$ets User ID: 968216 United States 05/14/2010 12:32 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 964855 Canada 05/14/2010 12:43 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 961830 United States 05/14/2010 12:50 PM Report Abusive Post Report Copyright Violation | Expensive Oil means Stronger Canadian Dollar. Quoting: Anonymous Coward 847175America gonna get boned up the bum by a Canadian Loony Good, the auto companies won't be hiring many Canadians, and anything else you manufacture. Careful what you wish for. |