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Science Forum Index » Economy Forum » Who is really driving up the price of crude?...
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| Major Debacle... |
 Posted: Thu Jun 19, 2008 8:38 pm |
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Bush and his buds at Big Oil.
It's one last stab at the heart of America before he leaves office.
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Math is your friend |
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| Posted: Thu Jun 19, 2008 8:42 pm |
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"Major Debacle" <Major_Debacle at (no spam) the_Pentagon.mil> wrote in message
news:jSD6k.10513$uE5.9109 at (no spam) flpi144.ffdc.sbc.com...
Quote: Bush and his buds at Big Oil.
It's one last stab at the heart of America before he leaves office.
--
Math is your friend
Bush is like Nixon, venomous. |
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| Major Debacle... |
| Posted: Fri Jun 20, 2008 7:50 pm |
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Les Cargill wrote:
Quote: Major Debacle wrote:
W. D. Allen wrote:
You display your obvious ignorance about how oil is priced.
Q - Who benefits from high oil prices?
A - Big Oil
They have declining margins.
Q - Who has pockets deep enough to drive oil prices ever higher?
A - Big Oil
The have declining margins.
Q - Who has friends in high places (The White House)
A - Big Oil
And?
Q - Who benefits from opening ANWR and offshore to drilling?
A - Big Oil
ANWR is a nonstarter. It'll affect price roughly 1.1%.
I agree completely and have argued as much continuously.
BUT... Big Oil stands to make tens, if not hundreds, of billions from
from it.
Quote: Offshore?
Probably also a nonstarter.
See above
Quote: But it'd be nice just to give the
privileged at South Beach something to look at besides
each other. They're an Eloi.
At every turn, we find Big Oil pulling the levers of this orchestrated,
meteoric rise in oil prices, and the Oil Administration of George W
Bushco & Friends is pulling out all the stops to help Big Oil gain
possession and control of every last drop of untapped oil in the US
before it leaves office.
Read a book.
Which one?
Watch me proven right over the months and years.
Big Oil stands to gain from higher oil prices at every turn.
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Math is your friend |
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| Les Cargill... |
| Posted: Fri Jun 20, 2008 10:38 pm |
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Guest
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Major Debacle wrote:
Quote: Les Cargill wrote:
Major Debacle wrote:
W. D. Allen wrote:
You display your obvious ignorance about how oil is priced.
Q - Who benefits from high oil prices?
A - Big Oil
They have declining margins.
Q - Who has pockets deep enough to drive oil prices ever higher?
A - Big Oil
The have declining margins.
Q - Who has friends in high places (The White House)
A - Big Oil
And?
Q - Who benefits from opening ANWR and offshore to drilling?
A - Big Oil
ANWR is a nonstarter. It'll affect price roughly 1.1%.
I agree completely and have argued as much continuously.
BUT... Big Oil stands to make tens, if not hundreds, of billions from
from it.
Offshore?
Probably also a nonstarter.
See above
But it'd be nice just to give the
privileged at South Beach something to look at besides
each other. They're an Eloi.
At every turn, we find Big Oil pulling the levers of this orchestrated,
meteoric rise in oil prices, and the Oil Administration of George W
Bushco & Friends is pulling out all the stops to help Big Oil gain
possession and control of every last drop of untapped oil in the US
before it leaves office.
Read a book.
Which one?
"The Prize".
Quote: Watch me proven right over the months and years.
Big Oil stands to gain from higher oil prices at every turn.
The return to capital for oil companies is not as good as
many other industries.
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Les Cargill |
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