My glass of oil | |
Anonymous Coward User ID: 1457789 Canada 07/07/2011 03:57 AM Report Abusive Post Report Copyright Violation | |
Q2 (OP) User ID: 1340714 Canada 07/07/2011 04:07 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1457789 Canada 07/07/2011 04:10 AM Report Abusive Post Report Copyright Violation | So we're told - consider that US is sitting on Quoting: Q2All major oil producing land... that china India Response still doesn't add up...price per barrel Is low yet Northamerica gas pump prices continue To go up....... Money laundering? I suppose that's possible... But a lot of the oil that sits in the US would be very expensive to get to (read: Under the Rocky Mountains)...and there's no money for that right now. |
humanitech User ID: 1455415 United Kingdom 07/07/2011 05:53 PM Report Abusive Post Report Copyright Violation | If all major economies are tanking why is the Quoting: Q2Price of oil expensive... ? shouldn't it be cheaper the oil cartels and their stakeholder are milking the system, After all there's that sinister addage in every disaster there's an opportunity...sick but as history clearly show very true. Just check the historic banking families and their activities throughout europe and their evil duplicity. |
"{ User ID: 1458840 Netherlands 07/07/2011 06:05 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1435371 United States 07/07/2011 06:11 PM Report Abusive Post Report Copyright Violation | So we're told - consider that US is sitting on Quoting: Q2All major oil producing land... that china India Response still doesn't add up...price per barrel Is low yet Northamerica gas pump prices continue To go up....... Money laundering? I suppose that's possible... But a lot of the oil that sits in the US would be very expensive to get to (read: Under the Rocky Mountains)...and there's no money for that right now. BS there are huge oil reserves in the Bakken Formation in north and south dakota and montana. |
Monkeyfister User ID: 1415588 United States 07/07/2011 06:57 PM Report Abusive Post Report Copyright Violation | So we're told - consider that US is sitting on Quoting: Q2All major oil producing land... that china India Response still doesn't add up...price per barrel Is low yet Northamerica gas pump prices continue To go up....... Money laundering? I suppose that's possible... But a lot of the oil that sits in the US would be very expensive to get to (read: Under the Rocky Mountains)...and there's no money for that right now. BS there are huge oil reserves in the Bakken Formation in north and south dakota and montana. The Bakken Formation is a mirage. Getting that oil is already proving too costly, and it requires almost as much energy to get it as is being produced. Right now, they are FRACKING the shale to get to the oil... that is not working out well, as the aquifers are ABOVE the shale formations, and fresh water is getting contaminated. In Montana, and the Dakotas, the developers were planning for long-term production on most sites, but production is typically playing out within a year. Bakken is a Paper Tiger-- not worth the effort. "I'm the bride at every funeral, I'm the corpse at every wedding..." --Brother Theodore ... and don't blame me-- I voted for Bob Barr in 2008. Only COWARDS hide behind anonymous Karma. |