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| 02:29 AM | ||
| Users Online Now: 1,181 (Who's On?) | Visitors Today: 146,463 | |
| Pageviews Today: 238,038 | Threads Today: 79 | Posts Today: 1,429 |
| 02:29 AM | ||
BREAKING ON BLOOMBERG.... Ambani Says Refiners Must Prepare for $100 or more Oil as New Norm | |
| Anonymous Coward User ID: 961536  United States05/14/2010 01:19 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 961536 United States05/14/2010 01:20 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 903456  Netherlands05/14/2010 01:25 PM Report Abusive Post Report Copyright Violation | Honestly, i thought it already would have been over $100 permanently when it reached $140 even when demand would slow down. I figure the whole reason for the Peak-Oil-scam is to counter the decline in Oil-prices. But as always, things never go as fast as i think/hope, just like i expected that the Gold-price would have hit the $2000 by now, but that too is going sooo slowly. |
Nailer45  User ID: 970502 United States05/14/2010 01:31 PM Report Abusive Post Report Copyright Violation | Honestly, i thought it already would have been over $100 permanently when it reached $140 even when demand would slow down. Quoting: Anonymous Coward 903456I figure the whole reason for the Peak-Oil-scam is to counter the decline in Oil-prices. But as always, things never go as fast as i think/hope, just like i expected that the Gold-price would have hit the $2000 by now, but that too is going sooo slowly. PEAK OIL IS ONE BIG LIE!! Why We Have Gas Prices That Are Breaking Our Backs And Destroying Our Economy By Joe Cortina 4-17-10 Everybody is somewhat familiar with the Alaskan oil fields and of course the much vaunted Alaska Pipeline so lets start with some interesting facts. Lets start with some shockers. Only NINE years ago crude was actually less that $10 barrel. [link to www.rense.com] 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 |
| Nailer45 User ID: 970502 United States05/14/2010 01:33 PM Report Abusive Post Report Copyright Violation | Honestly, i thought it already would have been over $100 permanently when it reached $140 even when demand would slow down. Quoting: Anonymous Coward 903456I figure the whole reason for the Peak-Oil-scam is to counter the decline in Oil-prices. But as always, things never go as fast as i think/hope, just like i expected that the Gold-price would have hit the $2000 by now, but that too is going sooo slowly. Light Crude 71.76 -3.55% [link to money.cnn.com] 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: 969806 United States05/14/2010 01:33 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 970594  United Kingdom05/14/2010 01:43 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 964494 United States05/14/2010 01:48 PM Report Abusive Post Report Copyright Violation | May 14 (Bloomberg) -- Billionaire Mukesh Ambani, who runs the world’s largest refining complex, said the petroleum industry must be ready for oil prices to rebound to $100 a barrel or more on growing consumption in Asia. “We have to again be actively prepared to see a three- digit oil price” Guess this speaks to how he got to be a billionaire..... "actively" pursuing conflict of interest. |
| Sul-americano User ID: 643866  Brazil05/14/2010 01:51 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 970609 United States05/14/2010 02:03 PM Report Abusive Post Report Copyright Violation | Dont believe it. When Chinas economy starts to tank, oil will too. China is USA about 2006. Quoting: Punk A$$etsSmart people see the truth. You are right on. The rest are like school of fish, you point and they run to that point. lol Oil prices are going to crash. You can count on it. |
| Nailer45 User ID: 970502 United States05/14/2010 04:49 PM Report Abusive Post Report Copyright Violation | I HOPE IT GOES TO US$$1.000, 00 and the gallon to US$50,00!! Quoting: Sul-americano 643866My bicicle does't need any drop of oil!!!!!   what do you oil the chain, bearings with? Oil is used in the process to make the tires, vinyl seat cover , handgrips, tubes, valve stems, the water bottles you drink from. So you are more or less saying let oil prices go to $400 a barrel and then you will bitch when that bottle of water that used to cost $1.39 now costs $8.39 due to the increase in costs for materials it is made from. Petroleum is used in so many manufactured items it would raise the price of consumer goods out of reach. Last Edited by Nailer45 on 05/14/2010 04:51 PM 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 |
| Nailer45 User ID: 970502 United States05/14/2010 04:54 PM Report Abusive Post Report Copyright Violation | I HOPE IT GOES TO US$$1.000, 00 and the gallon to US$50,00!! Quoting: Sul-americano 643866My bicicle does't need any drop of oil!!!!! [link to www.ranken-energy.com] A partial list of products made from Petroleum (144 of 6000 items) One 42-gallon barrel of oil creates 19.4 gallons of gasoline. The rest (over half) is used to make things like: Solvents Diesel fuel Motor Oil Bearing Grease Ink Floor Wax Ballpoint Pens Football Cleats Upholstery Sweaters Boats Insecticides Bicycle Tires Sports Car Bodies Nail Polish Fishing lures Dresses Tires Golf Bags Perfumes Cassettes Dishwasher parts Tool Boxes Shoe Polish Motorcycle Helmet Caulking Petroleum Jelly Transparent Tape CD Player Faucet Washers Antiseptics Clothesline Curtains Food Preservatives Basketballs Soap Vitamin Capsules Antihistamines Purses Shoes Dashboards Cortisone Deodorant Footballs Putty Dyes Panty Hose Refrigerant Percolators Life Jackets Rubbing Alcohol Linings Skis TV Cabinets Shag Rugs Electrician's Tape Tool Racks Car Battery Cases Epoxy Paint Mops Slacks Insect Repellent Oil Filters Umbrellas Yarn Fertilizers Hair Coloring Roofing Toilet Seats Fishing Rods Lipstick Denture Adhesive Linoleum Ice Cube Trays Synthetic Rubber Speakers Plastic Wood Electric Blankets Glycerin Tennis Rackets Rubber Cement Fishing Boots Dice Nylon Rope Candles Trash Bags House Paint Water Pipes Hand Lotion Roller Skates Surf Boards Shampoo Wheels Paint Rollers Shower Curtains Guitar Strings Luggage Aspirin Safety Glasses Antifreeze Football Helmets Awnings Eyeglasses Clothes Toothbrushes Ice Chests Footballs Combs CD's & DVD's Paint Brushes Detergents Vaporizers Balloons Sun Glasses Tents Heart Valves Crayons Parachutes Telephones Enamel Pillows Dishes Cameras Anesthetics Artificial Turf Artificial limbs Bandages Dentures Model Cars Folding Doors Hair Curlers Cold cream Movie film Soft Contact lenses Drinking Cups Fan Belts Car Enamel Shaving Cream Ammonia Refrigerators Golf Balls Toothpaste Gasoline Americans consume petroleum products at a rate of three-and-a-half gallons of oil and more than 250 cubic feet of natural gas per day each! But, as shown here petroleum is not just used for fuel. 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: 793891 United States05/14/2010 04:58 PM Report Abusive Post Report Copyright Violation | |
