MoMeanMugs
Golden Member
- Apr 29, 2001
- 1,663
- 2
- 81
He has a personal vested interest in spewing bullshit because he works directly in the Oil Thug Industry.
And what interest are you so vested in that causes you to spew so much bullshit?
He has a personal vested interest in spewing bullshit because he works directly in the Oil Thug Industry.
oh oh oh dave, you should make one of these threads about the insurance industry
at least when you buy oil, you are getting something - with insurance you are getting NOTHING!
Hey Dave,
Since you've obviously zipped in and out to post your new "damning" article and must have missed my question, I'll ask again.
I have a question......when you say this: "...they should be forced to lower the price", exactly how would you accomplish that? Nationalize all the gas and oil companies in the U.S., something like Venezuela did? Or put price controls on gas and oil prices within the U.S., which completely ignores the world price of gas and oil?
What is your solution? You demand prices get dropped for gasoline, yet I don't see a solution proposed. Outside of government intervention and control of that industry, I don't see how the oil industry will be forced to do a darned thing. And that's what you're advocating, right?
You don't have to take it, as a consumer you can choose alternatives or use less
Which is what the US has been doing since 2008, using less, however as we have now hit peak oil the price is persistently high because to extract the oil remaining 'of which there is lot of' costs more.
Think of oil as an apple tree, lots of low hanging fruit gets consumed but now what is left is harder to get and requires ladders 'technology' to get which takes longer and is more expensive to do. 'Baaken oil shales, tar sands, NG to liquids, Ethanol'
So you are correct almost any ripple in supply/demand chain will cause fluctuation in pricing
Ethanol now more per gallon than gasoline.
That was never supposed to happen but nothing is surprising with these Thugs.
Brent Crude Rises With WTI as Tension Escalates in East Ukraine
“The major contributor to the firm tone we’re seeing in the market is further concerns about Ukraine,” said Michael McCarthy, a chief strategist at CMC Markets in Sydney who predicts investors may sell contracts if Brent climbs to $109.50 a barrel.