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!!! Breaking, IEA to give emergency press release at 9am !!!

 
onecraftydude

User ID: 1433241
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06/23/2011 05:01 PM
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Re: !!! Breaking, IEA to give emergency press release at 9am !!!
The top shorted but needed an excuse to hide behind.

The release of an insignificant amount of oil...

The general population of braindead morons...you...will be forced to accept it.

Why did oil cave?

because the bottom...The general population of braindead morons...you...can't support the prices anymore.

The top know this because...you all...supply the top with everything wholesale...they then mark it up and sell it to you retail.

The top lives off the difference between the wholesale caost and the retail price.

the top lives off the yield from the bottom.

But you all can't continue paying the current retail prices anymore...so the retail prices have to drop.

which means teh wholesale cost has to drop as well.

The top who was raising the prices to begin were hiding behind the excuse all you brain dead morons currently believed.

Needed to come up with an new excuse to replace the old excuse so you all don't realize that the top began shorting oil to drive the prices down.

To extract yield...because the prices can't rise anymore.

It's all a smoke an mirrors show...

It's a sign the recovery or inflation out of the 2008 deflation is not working.
 Quoting: Anonymous Coward 1311260


I suppose by your post that all Americans are idiots. How easy it is for you to spout off from your luxurious suite in Canada. You must have a job or something. Us American idiots have done fine without any help from you so far. If we ever need anything we sure as hell won't call you, unless we need some snow dug out from under our Corvette. BTW, where the hell is Canada anyway?
Ron Paul 2012
onecraftydude

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06/23/2011 05:02 PM
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Re: !!! Breaking, IEA to give emergency press release at 9am !!!
Do y'all think that recalling the military out of one place may be placing them in or near Libya? the call up of Marines that I have read on here may be for that, the opening of the reserves may be that we are getting ready to go to war in the next week or two?
 Quoting: Anonymous Coward 1431209


I wouldn't be surprised.
Ron Paul 2012
centrist77 (OP)

User ID: 1253240
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06/23/2011 05:12 PM

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Re: !!! Breaking, IEA to give emergency press release at 9am !!!
Do y'all think that recalling the military out of one place may be placing them in or near Libya? the call up of Marines that I have read on here may be for that, the opening of the reserves may be that we are getting ready to go to war in the next week or two?
 Quoting: Anonymous Coward 1431209


I wouldn't be surprised.
 Quoting: onecraftydude


You know guys, I would think its a stretch, but today I was thinking about that huge drill off the east coast and if this could somehow be military.

If it were military, it should not be that hard to track. I am not that computer savy but I know there are viewers on here that are. We need to track the boats that are taking the oil out of the SPR and where they are headed. I once saw someone on here that was tracking boats around the BP rigs and I don't know what site he was using but it was using the boats tracking beacons to monitor them. If its military, it would be bound for Europe,(which I beleive they already said that the oil is going to Europe). This would be logical in the case Europe were cut off from all those countries that provide them oil. hmmm...
“If freedom of speech is taken away, then dumb and silent we may be led, like sheep to the slaughter.”
George Washington
Anonymous Coward
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06/23/2011 05:25 PM
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Re: !!! Breaking, IEA to give emergency press release at 9am !!!
The top shorted but needed an excuse to hide behind.

The release of an insignificant amount of oil...

The general population of braindead morons...you...will be forced to accept it.

Why did oil cave?

because the bottom...The general population of braindead morons...you...can't support the prices anymore.

The top know this because...you all...supply the top with everything wholesale...they then mark it up and sell it to you retail.

The top lives off the difference between the wholesale caost and the retail price.

the top lives off the yield from the bottom.

But you all can't continue paying the current retail prices anymore...so the retail prices have to drop.

which means teh wholesale cost has to drop as well.

The top who was raising the prices to begin were hiding behind the excuse all you brain dead morons currently believed.

Needed to come up with an new excuse to replace the old excuse so you all don't realize that the top began shorting oil to drive the prices down.

To extract yield...because the prices can't rise anymore.

It's all a smoke an mirrors show...

It's a sign the recovery or inflation out of the 2008 deflation is not working.
 Quoting: Anonymous Coward 1311260


I suppose by your post that all Americans are idiots. How easy it is for you to spout off from your luxurious suite in Canada. You must have a job or something. Us American idiots have done fine without any help from you so far. If we ever need anything we sure as hell won't call you, unless we need some snow dug out from under our Corvette. BTW, where the hell is Canada anyway?
 Quoting: onecraftydude


Actually, we get plenty of help from Canada. America couldn't be a contender in the nuclear playground without them. Care to guess who is one of the biggest miners/exporters of Uranium? Now guess who buys most of it from them.
While not all Americans are idiots, we certainly have an overabundance.
Anonymous Coward
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06/23/2011 05:33 PM
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Re: !!! Breaking, IEA to give emergency press release at 9am !!!
They estimate we use about 90million barrels of oil each day!. They built a system built around this black gold but they forgot to jot down a plan for when it runs out. Here is a tip, don't built a system that is dependant on a finite resource. Nobody knows how much oil is left, people like to think they do, but they don't. Oil reserves probably make the government think they are doing good by the people but the reality is if oil runs out or they can't afford to import anymore the reserves are going to last the blink of an eye.rantrant
Anonymous Coward
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06/23/2011 06:08 PM
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Re: !!! Breaking, IEA to give emergency press release at 9am !!!
This means free energy is here! WTF WTF
Anonymous Coward
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06/23/2011 06:12 PM
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Re: !!! Breaking, IEA to give emergency press release at 9am !!!
They estimate we use about 90million barrels of oil each day!. They built a system built around this black gold but they forgot to jot down a plan for when it runs out. Here is a tip, don't built a system that is dependant on a finite resource. Nobody knows how much oil is left, people like to think they do, but they don't. Oil reserves probably make the government think they are doing good by the people but the reality is if oil runs out or they can't afford to import anymore the reserves are going to last the blink of an eye.rantrant
 Quoting: Anonymous Coward 1257011


There are alternate solutions, maybe we should just try to spend all the fuel asap so there's no other option then to convert to new types of fuel.
Red Auroras

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06/23/2011 07:12 PM
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Re: !!! Breaking, IEA to give emergency press release at 9am !!!
Prices might drop a little in a month. But if they're only releasing 30 million barrels, it seems likely to have little or no impact. That's a day and a half of U.S. consumption.

Woo hoo. yawn
 Quoting: gnostic


Yeah and when they start going back up, they'll skyrocket. We're going to want that SPR topped off for the next war. No one here including me was alive during WWII rationing.
Texas Uncensored

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06/23/2011 07:21 PM
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Re: !!! Breaking, IEA to give emergency press release at 9am !!!
This problem is easily solved. The governments have to shut down the spec market, in all commodities.
The resources of this planet that are key to our daily lives are not a game for the speculators.
Anonymous Coward
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06/23/2011 07:23 PM
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Re: !!! Breaking, IEA to give emergency press release at 9am !!!
...


He did sound like he was about to cry yesterday didn't he, I don't think he is some conspirator anymore, I just think he knows we are 100% fucked and can't come out and say it.
 Quoting: centrist77


The global financial system is fucked, yes. However, there are many who say that this too is manipulated from behind the scenes to such an extent that today's so-called financial "crisis" had been intended from the beginning, by those who command the most power on this planet.

As for the price of crude oil and the hydrocarbon market situation in general, that is definitely wholly and completely manipulated by those who benefit most, i.e: the world's seven largest energy companies.

For instance, not many people know this today because it has been both successfully and deliberately hidden, but the US still easily has enough reserves of oil and natural gas, -- to say nothing about coal -- to supply its own needs indefinitely. The notion that we are "running out of oil" in this country is false.

It is well-known that there are huge reserves of liquid petroleum and natural gas in the Eastern Gulf of Mexico, for one example. But "Big Oil" has paid politicians in Florida and elsewhere (there are also significant untapped reserves off both the East and West coasts of the US) in the offshore Continental Shelf of US territory. And in addition to this there are huge and known reserves of liquid petroleum in the Great Plains of the US as well as significant deposits of oil sands, oil tars and shale in the Rocky Mountain region of this country. All of these things are fact and yet most have been brainwashed into thinking that the US can no longer supply itself with its own conventional energy resources. And of course none of this includes the various alternative forms of energy production.

The bottom line here is that it is a total fallacy that the planet has a "shortage" of petroleum reserves because not only are there still significant and untapped supplies in the US and elsewhere in North America but massive reserves remaining in South America, Africa, Asia, Australia, vast areas of ocean bottom and so on and so on. And again, there are numerous alternative methods for energy production which are fully understood and for which the technology already exists but which are not being utilized.

But the energy industry on this planet deliberately exercises its vast financial resources in an ongoing propaganda campaign to create the false belief system of "Peak Oil" and other fairy tales in order to maintain its control over and ability to manipulate the global energy commodities markets. As long as the masses continue to fall for this propaganda exercise then the energy industry will continue to perpetuate its current practices.
 Quoting: Anonymous Coward 937801


+437
 Quoting: fastawake


Peak Oil has nothing to do with oil running out. The fact you can't even get that right means you're not worth arguing with. Not one energy company even dares mention peak oil or peak anything, so all this crap about energy companies being in a conspiracy together to drive up prices is bullshit. Energy companies are ignoring the problem and hoping it will go away.

Learn about EROEI
Learn about Exponential growth
Learn about Limits to growth
 Quoting: Anonymous Coward 1439941


fastawake is an idiot without a clue!
Anonymous Coward
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06/23/2011 07:38 PM
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Re: !!! Breaking, IEA to give emergency press release at 9am !!!
They estimate we use about 90million barrels of oil each day!. They built a system built around this black gold but they forgot to jot down a plan for when it runs out. Here is a tip, don't built a system that is dependant on a finite resource. Nobody knows how much oil is left, people like to think they do, but they don't. Oil reserves probably make the government think they are doing good by the people but the reality is if oil runs out or they can't afford to import anymore the reserves are going to last the blink of an eye.rantrant
 Quoting: Anonymous Coward 1257011


There are alternate solutions, maybe we should just try to spend all the fuel asap so there's no other option then to convert to new types of fuel.
 Quoting: Anonymous Coward 1431235


They tend to spunk all the funding for alternative solutions on war and security... so fucking afraid of something, who knows what. It's ironic, but for me the people who will stand the test of time will be the tribal cultures. They live in balance with nature. I think the industrial age took us into a place (that as an animal) we were never going to be capable of controlling and we live in constant fear of failure. Sadly, I myself am petroleum man, take away my oil and I will probably whine like a son of a bitch, just like I am now :p
Anonymous Coward
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06/23/2011 07:40 PM
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Re: !!! Breaking, IEA to give emergency press release at 9am !!!
get real! 60 millions barrels from world reserves. usa contributes 1/2 of the allocation or 30 million barrels. sad fact is, usa uses 28 million barrels/day and china uses more that usa now per day. now, go figure!
 Quoting: salmonrun



Actually the US uses about 18.7 million/day and China uses less than half of that.

They are the largest emitter of carbon which is where you are getting confused. But that is because they use a lot of coal to run their power plants.

But even then. You over estimated our usage by 10 million which makes you look ignorant.
Anonymous Coward
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06/23/2011 07:47 PM
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Re: !!! Breaking, IEA to give emergency press release at 9am !!!
[link to www.msnbc.msn.com]

Here is a confirmation link, I don't make things up on my little website.

Everyone is still at a loss on this one. I think it will drive up prices in the long run becasue it indicates that we have a problem and people will all bet long on oil futures contracts now. Watch, those morons are either crazy or trying to derail us.
 Quoting: centrist77


It's the derail us one.
Anonymous Coward
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06/23/2011 08:06 PM
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Re: !!! Breaking, IEA to give emergency press release at 9am !!!
The Libyan war is choking global supplies.

Thanks Obama.
 Quoting: Anonymous Coward 1439992



Yes. Because Obama started the war.

NOT.

You realize that NATO started it don't you?
13.0.0.0.0

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06/23/2011 08:20 PM
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Re: !!! Breaking, IEA to give emergency press release at 9am !!!
lindsay? lindsay william - is that you bro?
 Quoting: Anonymous Coward 1420716


LOL. Man I can't stand how that guy talks. So f'n annoying.

"And you know what he told me? He said "Lindsay...", and we were sitting right there in the same room at the time, he said, "Lindsay...", and he's the kind of man that when he speaks - you listen, he said, "Lindsay...", so you know something important is coming, he said, "Lindsay...", and we go back quite a number of years, so I know I can trust his word, he said, "Lindsay..." ...'

GET ON WITH IT YOU FUCKING COCKHEAD DRAMA QUEEN!
Be aware of what you KNOW and what you BELIEVE. Don't ever let what you believe block the path of knowledge, for knowledge is truth. Belief is a temporary crutch at best, and crutches are for disabled people.
Stu

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06/23/2011 08:30 PM

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Re: !!! Breaking, IEA to give emergency press release at 9am !!!
The purpose is to temporarily mask the growing effects of peak oil so that the economy has an artificial low energy price rebound. The reason it is being done now when prices are already dropping is it will take a few months of ripple effect for it to peak the artificial boost in the economy and Obama needs that to peak prior to the elections not after. The crashing economy is what is going to do in Obama more then anything else. The Bin Laden dog and pony show only helped things slightly for him so he needs much much more.

So apparently they have finally stopped denying to themselves that peak oil is the root cause of our collapse and this is their bandaid for now. Problem is after the so called undulating plateau of ongoing economic catastophe it does a rocket ride straight down. No strategic reserve or any president no matter who they are can prevent that.
 Quoting: Anonymous Coward 1387000




Im shocked at all the admission of peak cheap oil in this thread...Ive been pounding on it for 3 years and got laughed at....knew ppl would wake up


its all about flow rates not reserves

The EIA and IEA throw reserves in the faces of the sheeple to hide the problem and hide declining production from the old giant super-fields
_____________________________________
There is no use removing doubts one by one. If we clear one doubt another doubt will arise and there will be no end of doubts. But, if by seeking the doubter, the doubter is found to be really non-existent, then all doubts will cease. -- Ramana Maharshi


You have to keep breaking
your heart until it opens.

~ Rumi
Anonymous Coward
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06/23/2011 08:32 PM
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Re: !!! Breaking, IEA to give emergency press release at 9am !!!
Ok here it is, I wrote it up on my website. Ready for the how stupid this is.

We are dumping 30,000,000 barrels of oil from US reserves onto the open market.

Here is my link.

[link to www.navigatethezoo.com]
 Quoting: centrist77


new form of oil less energy soon to be released
Anonymous Coward
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06/23/2011 08:38 PM
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Re: !!! Breaking, IEA to give emergency press release at 9am !!!
The purpose is to temporarily mask the growing effects of peak oil so that the economy has an artificial low energy price rebound. The reason it is being done now when prices are already dropping is it will take a few months of ripple effect for it to peak the artificial boost in the economy and Obama needs that to peak prior to the elections not after. The crashing economy is what is going to do in Obama more then anything else. The Bin Laden dog and pony show only helped things slightly for him so he needs much much more.

So apparently they have finally stopped denying to themselves that peak oil is the root cause of our collapse and this is their bandaid for now. Problem is after the so called undulating plateau of ongoing economic catastophe it does a rocket ride straight down. No strategic reserve or any president no matter who they are can prevent that.
 Quoting: Anonymous Coward 1387000




Im shocked at all the admission of peak cheap oil in this thread...Ive been pounding on it for 3 years and got laughed at....knew ppl would wake up


its all about flow rates not reserves

The EIA and IEA throw reserves in the faces of the sheeple to hide the problem and hide declining production from the old giant super-fields
 Quoting: Stu




yep Stu - the sheep seem to be looking up, but 200 years too late.

and to the AC that said there are alternatives - no there aren't...1000 barrels a SECOND is an IMPOSSIBLE act to follow - won't happen EVER.

rocc
Stu

User ID: 1379647
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06/23/2011 08:47 PM

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Re: !!! Breaking, IEA to give emergency press release at 9am !!!
The purpose is to temporarily mask the growing effects of peak oil so that the economy has an artificial low energy price rebound. The reason it is being done now when prices are already dropping is it will take a few months of ripple effect for it to peak the artificial boost in the economy and Obama needs that to peak prior to the elections not after. The crashing economy is what is going to do in Obama more then anything else. The Bin Laden dog and pony show only helped things slightly for him so he needs much much more.

So apparently they have finally stopped denying to themselves that peak oil is the root cause of our collapse and this is their bandaid for now. Problem is after the so called undulating plateau of ongoing economic catastophe it does a rocket ride straight down. No strategic reserve or any president no matter who they are can prevent that.
 Quoting: Anonymous Coward 1387000




Im shocked at all the admission of peak cheap oil in this thread...Ive been pounding on it for 3 years and got laughed at....knew ppl would wake up


its all about flow rates not reserves

The EIA and IEA throw reserves in the faces of the sheeple to hide the problem and hide declining production from the old giant super-fields
 Quoting: Stu




yep Stu - the sheep seem to be looking up, but 200 years too late.

and to the AC that said there are alternatives - no there aren't...1000 barrels a SECOND is an IMPOSSIBLE act to follow - won't happen EVER.

rocc
 Quoting: Anonymous Coward 1440358



nothing replaces the energy packed in a portable, fungible barrel of oil...short of an equal or better energy source thats scalable

The EREOI in barrel now reflects the worsening sawtooth economy


forget the pipe dreams of renewable energy now on the table
_____________________________________
There is no use removing doubts one by one. If we clear one doubt another doubt will arise and there will be no end of doubts. But, if by seeking the doubter, the doubter is found to be really non-existent, then all doubts will cease. -- Ramana Maharshi


You have to keep breaking
your heart until it opens.

~ Rumi
Anonymous Coward
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06/23/2011 08:47 PM
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Re: !!! Breaking, IEA to give emergency press release at 9am !!!
Do y'all think that recalling the military out of one place may be placing them in or near Libya? the call up of Marines that I have read on here may be for that, the opening of the reserves may be that we are getting ready to go to war in the next week or two?
 Quoting: Anonymous Coward 1431209


I wouldn't be surprised.
 Quoting: onecraftydude


You know guys, I would think its a stretch, but today I was thinking about that huge drill off the east coast and if this could somehow be military.

If it were military, it should not be that hard to track. I am not that computer savy but I know there are viewers on here that are. We need to track the boats that are taking the oil out of the SPR and where they are headed. I once saw someone on here that was tracking boats around the BP rigs and I don't know what site he was using but it was using the boats tracking beacons to monitor them. If its military, it would be bound for Europe,(which I beleive they already said that the oil is going to Europe). This would be logical in the case Europe were cut off from all those countries that provide them oil. hmmm...
 Quoting: centrist77


Have you got a location of the drill? map or name would help!
Im in the uk so don't know of this drill, but will be able to track the shipping, and maybe do a bit of other investigating ;)
Anonymous Coward
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06/23/2011 08:57 PM
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Re: !!! Breaking, IEA to give emergency press release at 9am !!!
The top shorted but needed an excuse to hide behind.

The release of an insignificant amount of oil...

The general population of braindead morons...you...will be forced to accept it.

Why did oil cave?

because the bottom...The general population of braindead morons...you...can't support the prices anymore.

The top know this because...you all...supply the top with everything wholesale...they then mark it up and sell it to you retail.

The top lives off the difference between the wholesale caost and the retail price.

the top lives off the yield from the bottom.

But you all can't continue paying the current retail prices anymore...so the retail prices have to drop.

which means teh wholesale cost has to drop as well.

The top who was raising the prices to begin were hiding behind the excuse all you brain dead morons currently believed.

Needed to come up with an new excuse to replace the old excuse so you all don't realize that the top began shorting oil to drive the prices down.

To extract yield...because the prices can't rise anymore.

It's all a smoke an mirrors show...

It's a sign the recovery or inflation out of the 2008 deflation is not working.
 Quoting: Anonymous Coward 1311260


Hypertiger? is it you?
Anonymous Coward
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06/23/2011 09:22 PM
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Re: !!! Breaking, IEA to give emergency press release at 9am !!!
lindsay? lindsay william - is that you bro?
 Quoting: Anonymous Coward 1420716


LOL. Man I can't stand how that guy talks. So f'n annoying.

"And you know what he told me? He said "Lindsay...", and we were sitting right there in the same room at the time, he said, "Lindsay...", and he's the kind of man that when he speaks - you listen, he said, "Lindsay...", so you know something important is coming, he said, "Lindsay...", and we go back quite a number of years, so I know I can trust his word, he said, "Lindsay..." ...'

GET ON WITH IT YOU FUCKING COCKHEAD DRAMA QUEEN!
 Quoting: 13.0.0.0.0


lmao
Anonymous Coward
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06/23/2011 09:42 PM
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Re: !!! Breaking, IEA to give emergency press release at 9am !!!
They are releasing this because other forms of producing energy are about to be released so the greedy bastards are trying to get every last penny out of their stock of oil before it becomes useless.
Anonymous Coward
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06/23/2011 09:54 PM
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Re: !!! Breaking, IEA to give emergency press release at 9am !!!
IEA SAYS TO RELEASE STOCKS
IEA SAYS TO RELEASE 60 MILLION BARRELS OVER COMING MONTHS
IEA SAYS TO RELEASE STOCKS TO ENSURE SUPPLY DUE TO LIBYA
IEA SAYS MEASURE TO ALLEVIATE LIBYA UNREST, IMPACT ON SUPPLY
IEA SAYS 132 MILLION BARRELS LOST TO LIBYA
IEA SAYS HIGH PRICES DAMAGE ECONOMY OF EVERY COUNTRY; IMPACT WORSE ON DEVELOPING COUNTRIES
IEA SAYS VOTED FOR EMERGENCY RELEASE FOR ONLY THIRD TIME
 Quoting: Anonymous Coward 1302693


This^^

Remember, oil is the lever used to control prices on virtually all consumer goods. An oil spike close to $150 per barrel set off the subprime housing collapse as people had to choose whether to buy clothes and other optional goods, pay their house mortgage, or keep the car gassed up so they could get to work. Those with jobs chose the gas, which drove down demand for retail goods and caused foreclosures to ramp up. The rest is history.
 Quoting: Anonymous Coward 887533


THIS is so true... and it was never addressed as any other issue in the housing collapse, but it is one of the major reasons!! Glad to see other get it - why do you think we have not hit $4 (for most of the country) yet since then?
Anonymous Coward
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06/23/2011 10:04 PM
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Re: !!! Breaking, IEA to give emergency press release at 9am !!!
Prices might drop a little in a month. But if they're only releasing 30 million barrels, it seems likely to have little or no impact. That's a day and a half of U.S. consumption.

Woo hoo. yawn
 Quoting: gnostic


Yeah and when they start going back up, they'll skyrocket. We're going to want that SPR topped off for the next war. No one here including me was alive during WWII rationing.
 Quoting: Red Auroras


old man is 95
Stu

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06/23/2011 10:18 PM

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Re: !!! Breaking, IEA to give emergency press release at 9am !!!
oil is the one thing the TPTB cannot print so this was a sign of panic to get the price down and try to get the animal spirits going again so the sheep can spend, spend, spend on more mindless crap and "save" the economy


what a joke
_____________________________________
There is no use removing doubts one by one. If we clear one doubt another doubt will arise and there will be no end of doubts. But, if by seeking the doubter, the doubter is found to be really non-existent, then all doubts will cease. -- Ramana Maharshi


You have to keep breaking
your heart until it opens.

~ Rumi
Anonymous Coward
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06/23/2011 10:20 PM
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Re: !!! Breaking, IEA to give emergency press release at 9am !!!
The purpose is to temporarily mask the growing effects of peak oil so that the economy has an artificial low energy price rebound. The reason it is being done now when prices are already dropping is it will take a few months of ripple effect for it to peak the artificial boost in the economy and Obama needs that to peak prior to the elections not after. The crashing economy is what is going to do in Obama more then anything else. The Bin Laden dog and pony show only helped things slightly for him so he needs much much more.

So apparently they have finally stopped denying to themselves that peak oil is the root cause of our collapse and this is their bandaid for now. Problem is after the so called undulating plateau of ongoing economic catastophe it does a rocket ride straight down. No strategic reserve or any president no matter who they are can prevent that.
 Quoting: Anonymous Coward 1387000




Im shocked at all the admission of peak cheap oil in this thread...Ive been pounding on it for 3 years and got laughed at....knew ppl would wake up


its all about flow rates not reserves

The EIA and IEA throw reserves in the faces of the sheeple to hide the problem and hide declining production from the old giant super-fields
 Quoting: Stu




yep Stu - the sheep seem to be looking up, but 200 years too late.

and to the AC that said there are alternatives - no there aren't...1000 barrels a SECOND is an IMPOSSIBLE act to follow - won't happen EVER.

rocc
 Quoting: Anonymous Coward 1440358

then what do ye suggest happen when there is no more oil?
Anonymous Coward
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06/23/2011 10:38 PM
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Re: !!! Breaking, IEA to give emergency press release at 9am !!!
they sold off the gold, now they sell off the oil
Anonymous Coward
User ID: 1312941
United States
06/23/2011 11:16 PM
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Re: !!! Breaking, IEA to give emergency press release at 9am !!!
[link to theswash.com]

So these forces are going towards Libya and to make a campaign in Syria.

bump
Anonymous Coward
User ID: 1395743
United States
06/24/2011 12:34 AM
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Re: !!! Breaking, IEA to give emergency press release at 9am !!!
The top shorted but needed an excuse to hide behind.

The release of an insignificant amount of oil...

The general population of braindead morons...you...will be forced to accept it.

Why did oil cave?

because the bottom...The general population of braindead morons...you...can't support the prices anymore.

The top know this because...you all...supply the top with everything wholesale...they then mark it up and sell it to you retail.

The top lives off the difference between the wholesale caost and the retail price.

the top lives off the yield from the bottom.

But you all can't continue paying the current retail prices anymore...so the retail prices have to drop.

which means teh wholesale cost has to drop as well.

The top who was raising the prices to begin were hiding behind the excuse all you brain dead morons currently believed.

Needed to come up with an new excuse to replace the old excuse so you all don't realize that the top began shorting oil to drive the prices down.

To extract yield...because the prices can't rise anymore.

It's all a smoke an mirrors show...

It's a sign the recovery or inflation out of the 2008 deflation is not working.
 Quoting: Anonymous Coward 1311260


I suppose by your post that all Americans are idiots. How easy it is for you to spout off from your luxurious suite in Canada. You must have a job or something. Us American idiots have done fine without any help from you so far. If we ever need anything we sure as hell won't call you, unless we need some snow dug out from under our Corvette. BTW, where the hell is Canada anyway?
 Quoting: onecraftydude


Actually, we get plenty of help from Canada. America couldn't be a contender in the nuclear playground without them. Care to guess who is one of the biggest miners/exporters of Uranium? Now guess who buys most of it from them.
While not all Americans are idiots, we certainly have an overabundance.
 Quoting: Anonymous Coward 1145072


And I suppose you think you are not one of them.

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