Oil & Gas thread:12-17-08 OPEC & non-members agree to largest reduction in history 7 percent

[Vic]

Originally posted by: dmcowen674

Originally posted by: Vic

Originally posted by: dmcowen674

Originally posted by: Vic
Should we go back to $1/gal. gas and 8 mpg SUV's again, Dave? Didn't you used to rail and cry against that here? Didn't you once say that you wanted gas to go over $10/gal? I know that you did. Haven't you been saying "Drive for 5" for 5 years now? I know that you have. And now it's headed towards $4... and you're angry? And you wonder why no one likes you here anymore... get back to us when you decide to do something besides being a bitchy drama queen, eh?

Higher the better, more suffering the better, it's what Americans like you want.

Why do you hate America?

Where do you see hate? They are enjoying it, you are enjoying it so I am enjoying it.

Where do you see me enjoying anything? I hate high gas prices. It disgusts me seeing our nation's wealth sold off to foreign countries. But if this is the only way to reduce gas consumption, get people out of their gas guzzlers, and maybe even wean America off its oil addiction and into alternative energies, then better sooner than later.

 

[Vic]

Originally posted by: dmcowen674

Originally posted by: Linux23
So refiners aren't make enough, so they are cutting back production, thus increasing prices at the pump, regardless of lower demand for their product?

Isn't that extortion?

It's called "Free Market" Supply and Demand according to the guys here in P&N.

Just because they artificially manipulate the supply doesn't make it wrong or extortion.

They are doing their job according to the interests of their respective World Leaders (such as king of Saudi Arabia etc), CEO's, Politicians they control and shareholders.

Suck it up, you must comply and enjoy with a smile.

Why do you hate the environment?

 

[dmcowen674]

Originally posted by: Vic

Originally posted by: dmcowen674

Originally posted by: Vic

Originally posted by: dmcowen674

Originally posted by: Vic
Should we go back to $1/gal. gas and 8 mpg SUV's again, Dave? Didn't you used to rail and cry against that here? Didn't you once say that you wanted gas to go over $10/gal? I know that you did. Haven't you been saying "Drive for 5" for 5 years now? I know that you have. And now it's headed towards $4... and you're angry? And you wonder why no one likes you here anymore... get back to us when you decide to do something besides being a bitchy drama queen, eh?

Higher the better, more suffering the better, it's what Americans like you want.

Why do you hate America?

Where do you see hate? They are enjoying it, you are enjoying it so I am enjoying it.

Where do you see me enjoying anything? I hate high gas prices. It disgusts me seeing our nation's wealth sold off to foreign countries. But if this is the only way to reduce gas consumption, get people out of their gas guzzlers, and maybe even wean America off its oil addiction and into alternative energies, then better sooner than later.

Odd since you oppose everything I say. Are you this wishy washy in RL?

 

[dmcowen674]

Originally posted by: Vic

Originally posted by: dmcowen674

Originally posted by: Linux23
So refiners aren't make enough, so they are cutting back production, thus increasing prices at the pump, regardless of lower demand for their product?

Isn't that extortion?

It's called "Free Market" Supply and Demand according to the guys here in P&N.

Just because they artificially manipulate the supply doesn't make it wrong or extortion.

They are doing their job according to the interests of their respective World Leaders (such as king of Saudi Arabia etc), CEO's, Politicians they control and shareholders.

Suck it up, you must comply and enjoy with a smile.

Why do you hate the environment?

Actually I am environmentally conscious whenever possible.

Contrary to Sean Hannity that said yesterday he would rather die than recycle anything, I recycle, switched to CF bulbs when they first came out, insulate like mad, sort my trash etc etc.

What have you done lately?

 

[Vic]

Originally posted by: dmcowen674

Originally posted by: Vic

Originally posted by: dmcowen674

Originally posted by: Vic

Originally posted by: dmcowen674

Originally posted by: Vic
Should we go back to $1/gal. gas and 8 mpg SUV's again, Dave? Didn't you used to rail and cry against that here? Didn't you once say that you wanted gas to go over $10/gal? I know that you did. Haven't you been saying "Drive for 5" for 5 years now? I know that you have. And now it's headed towards $4... and you're angry? And you wonder why no one likes you here anymore... get back to us when you decide to do something besides being a bitchy drama queen, eh?

Higher the better, more suffering the better, it's what Americans like you want.

Why do you hate America?

Where do you see hate? They are enjoying it, you are enjoying it so I am enjoying it.

Where do you see me enjoying anything? I hate high gas prices. It disgusts me seeing our nation's wealth sold off to foreign countries. But if this is the only way to reduce gas consumption, get people out of their gas guzzlers, and maybe even wean America off its oil addiction and into alternative energies, then better sooner than later.

Odd since you oppose everything I say. Are you this wishy washy in RL?

No, but the same question could be asked of you. Oh wait, I already did! Just go back a couple of posts. But then again, you don't actually read others' posts before you reply to them, much less follow along with them, even when you're quoting them (like here), and then just turn every question or comment addressed to you back around to the poster who asked you, usually with some outright lie or intentional mischaracterization directed towards that poster.

Why do you hate Anandtech?

 

[Vic]

Originally posted by: dmcowen674

Originally posted by: Vic

Originally posted by: dmcowen674

Originally posted by: Linux23
So refiners aren't make enough, so they are cutting back production, thus increasing prices at the pump, regardless of lower demand for their product?

Isn't that extortion?

It's called "Free Market" Supply and Demand according to the guys here in P&N.

Just because they artificially manipulate the supply doesn't make it wrong or extortion.

They are doing their job according to the interests of their respective World Leaders (such as king of Saudi Arabia etc), CEO's, Politicians they control and shareholders.

Suck it up, you must comply and enjoy with a smile.

Why do you hate the environment?

Actually I am environmentally conscious whenever possible.

Contrary to Sean Hannity that said yesterday he would rather die than recycle anything, I recycle, switched to CF bulbs when they first came out, insulate like mad, sort my trash etc etc.

What have you done lately?

All that (way more than that) and *drumroll* I consume less and advocate that others do the same.
While you whine and complain about the cost of the slop in the trough going up so high that you can't pig out as much as you want to.

And why the hell would anyone watch that tool Hannity? You realize he just says that sh!t to draw ratings, right? And look! you support him. Way to go.

 

[OrByte]

I carpool or ride the train into town in the morning.

I ride the train home. First, I walk to my kids school and pick him up and we both walk home from there.

I don't have to use a car at all during the week. yay me!

SUCK ON IT EVIL OIL BARONS!!!!!

 

[dmcowen674]

Originally posted by: Vic

Originally posted by: dmcowen674

Originally posted by: Vic

Originally posted by: dmcowen674

Originally posted by: Linux23
So refiners aren't make enough, so they are cutting back production, thus increasing prices at the pump, regardless of lower demand for their product?

Isn't that extortion?

It's called "Free Market" Supply and Demand according to the guys here in P&N.

Just because they artificially manipulate the supply doesn't make it wrong or extortion.

They are doing their job according to the interests of their respective World Leaders (such as king of Saudi Arabia etc), CEO's, Politicians they control and shareholders.

Suck it up, you must comply and enjoy with a smile.

Why do you hate the environment?

Actually I am environmentally conscious whenever possible.

Contrary to Sean Hannity that said yesterday he would rather die than recycle anything, I recycle, switched to CF bulbs when they first came out, insulate like mad, sort my trash etc etc.

What have you done lately?

All that (way more than that) and *drumroll* I consume less and advocate that others do the same.

While you whine and complain about the cost of the slop in the trough going up so high that you can't pig out as much as you want to.

And why the hell would anyone watch that tool Hannity? You realize he just says that sh!t to draw ratings, right? And look! you support him. Way to go.

Really?

I moved as close as I possibly could to my current job.

No one I work with lives closer than I do to the job.

If I don't catch any lights I can go door to door in 6 minutes.

I don't watch Sean, his kind of Radio show is the only thing on the air so what choice do I have?

Aren't you one of the ones thrilled Air America went off air?

 

[Vic]

My commute right now is 10 miles round trip, and is the longest commute I've had in 10 years. Beat that.

I don't listen to radio period, much less talk radio. I have a music collection for a reason.

And no, I never cared one way or another about Air America. I doubt I've ever even made a single comment about them here. But I see that you're still more than eager to fabricate yet another lie about me. Nothing new there.

 

[dmcowen674]

Originally posted by: Vic
My commute right now is 10 miles round trip, and is the longest commute I've had in 10 years. Beat that.

I don't listen to radio period, much less talk radio. I have a music collection for a reason.

And no, I never cared one way or another about Air America. I doubt I've ever even made a single comment about them here. But I see that you're still more than eager to fabricate yet another lie about me. Nothing new there.

I'll set the odometer to zero and see what it is door to door.

It will be very close to that 5 miles as well maybe even under.

 

[Vic]

Originally posted by: dmcowen674

Originally posted by: Vic
My commute right now is 10 miles round trip, and is the longest commute I've had in 10 years. Beat that.

I don't listen to radio period, much less talk radio. I have a music collection for a reason.

And no, I never cared one way or another about Air America. I doubt I've ever even made a single comment about them here. But I see that you're still more than eager to fabricate yet another lie about me. Nothing new there.

I'll set the odometer to zero and see what it is door to door.

It will be very close to that 5 miles as well maybe even under.

Why do you think anyone would believe you?

 

[Sinsear]

Originally posted by: dmcowen674

Originally posted by: Vic

Originally posted by: dmcowen674

Originally posted by: Vic

Originally posted by: dmcowen674

Originally posted by: Linux23
So refiners aren't make enough, so they are cutting back production, thus increasing prices at the pump, regardless of lower demand for their product?

Isn't that extortion?

It's called "Free Market" Supply and Demand according to the guys here in P&N.

Just because they artificially manipulate the supply doesn't make it wrong or extortion.

They are doing their job according to the interests of their respective World Leaders (such as king of Saudi Arabia etc), CEO's, Politicians they control and shareholders.

Suck it up, you must comply and enjoy with a smile.

Why do you hate the environment?

Actually I am environmentally conscious whenever possible.

Contrary to Sean Hannity that said yesterday he would rather die than recycle anything, I recycle, switched to CF bulbs when they first came out, insulate like mad, sort my trash etc etc.

What have you done lately?

All that (way more than that) and *drumroll* I consume less and advocate that others do the same.

While you whine and complain about the cost of the slop in the trough going up so high that you can't pig out as much as you want to.

And why the hell would anyone watch that tool Hannity? You realize he just says that sh!t to draw ratings, right? And look! you support him. Way to go.

Really?

I moved as close as I possibly could to my current job.

No one I work with lives closer than I do to the job.

If I don't catch any lights I can go door to door in 6 minutes.

I don't watch Sean, his kind of Radio show is the only thing on the air so what choice do I have?

Aren't you one of the ones thrilled Air America went off air?

Aren't you in Jersey now? Turn off that Rush/Hannity crap in the afternoons and put on 1010 for straight news, or 660 for great sports talk; or switch it on over to FM for the Q104.3 the greatest classic rock station.

 

[dmcowen674]

Originally posted by: Sinsear

Originally posted by: dmcowen674

Originally posted by: Vic

Originally posted by: dmcowen674

Originally posted by: Vic

Originally posted by: dmcowen674

Originally posted by: Linux23
So refiners aren't make enough, so they are cutting back production, thus increasing prices at the pump, regardless of lower demand for their product?

Isn't that extortion?

It's called "Free Market" Supply and Demand according to the guys here in P&N.

Just because they artificially manipulate the supply doesn't make it wrong or extortion.

They are doing their job according to the interests of their respective World Leaders (such as king of Saudi Arabia etc), CEO's, Politicians they control and shareholders.

Suck it up, you must comply and enjoy with a smile.

Why do you hate the environment?

Actually I am environmentally conscious whenever possible.

Contrary to Sean Hannity that said yesterday he would rather die than recycle anything, I recycle, switched to CF bulbs when they first came out, insulate like mad, sort my trash etc etc.

What have you done lately?

All that (way more than that) and *drumroll* I consume less and advocate that others do the same.

While you whine and complain about the cost of the slop in the trough going up so high that you can't pig out as much as you want to.

And why the hell would anyone watch that tool Hannity? You realize he just says that sh!t to draw ratings, right? And look! you support him. Way to go.

Really?

I moved as close as I possibly could to my current job.

No one I work with lives closer than I do to the job.

If I don't catch any lights I can go door to door in 6 minutes.

I don't watch Sean, his kind of Radio show is the only thing on the air so what choice do I have?

Aren't you one of the ones thrilled Air America went off air?

Aren't you in Jersey now? Turn off that Rush/Hannity crap in the afternoons and put on 1010 for straight news, or 660 for great sports talk; or switch it on over to FM for the Q104.3 the greatest classic rock station.

OK, 3.1 miles each way door to door so 6.2 trumps 10 miles by quite a bit.

There are 6 lights with two of them with wait times over 3 mins so if I catch them add a lot of sitting time. Many people turn their engines off at these lights until they change.

It's over $150 plus labor for a starter for this car so it's not worth wearing it out.

660 and 1010 don't seem to have enough power over here only 20 miles west of the city.

I barely get 770. My wife's Hyundai radio does not get AM very well at all.

FM I listen to Z-100, 95.5, 103.5

 

[dmcowen674]

Originally posted by: Vic

Originally posted by: dmcowen674

Originally posted by: Vic
My commute right now is 10 miles round trip, and is the longest commute I've had in 10 years. Beat that.

I don't listen to radio period, much less talk radio. I have a music collection for a reason.

And no, I never cared one way or another about Air America. I doubt I've ever even made a single comment about them here. But I see that you're still more than eager to fabricate yet another lie about me. Nothing new there.

I'll set the odometer to zero and see what it is door to door.

It will be very close to that 5 miles as well maybe even under.

Why do you think anyone would believe you?

There are a lot of ATers here. Send any one of them over.

Google says 3.6 miles

Google wrong?

http://maps.google.com/maps?f=...,0.116043&ie=UTF8&z=13

 

[dmcowen674]

Even the weak dollar excuse doesn't work because the dollar gaining ground doesn't make any difference for the criminals (Investors) to make money over money.

110% bullsh!t below but Americans like it:

4-11-2008 Oil Rises Above $110 a Barrel After Falling on Stronger US Dollar

Oil prices rose above $110 a barrel Friday after slipping from a record high at midweek as investors locked in profits from a stronger U.S. dollar.

Crude oil's recent run above $100 a barrel has been largely attributed to the steadily depreciating greenback. A weakening dollar attracts investors to commodities as a hedge against inflation, but when the dollar rises, the effect tends to reverse as oil also becomes more expensive to investors overseas.

More negative U.S. economic data also appeared to have taken steam out of oil's precipitous price rise this week. The Commerce Department reported the first decline in oil imports in a year -- a possible sign that high prices and an economic downturn were hurting crude sales.

Still, prices have shown little inclination to fall in response to eroding demand. With gasoline supplies shrinking and the Northern Hemisphere summer approaching.

 

[dmcowen674]

Wow, look at the energy companies trashing of everything right here at home:

4-12-2008 Homeowners feel heat in West coal boom

WESTON, Colo. - A hamlet near here of wooded gulches, rocky outcrops and views of the snowy tops of southern Colorado's Sangre de Cristo mountains is the perfect escape for retirees and telecommuters who've settled in.

That's no idle fear. A house under construction near the subdivision exploded last April when methane gas leaked from an abandoned well and into the building. Two water wells in the subdivision were damaged in 2006 during gas drilling.

"You don't know day to day when you turn on your faucet whether you're going to have good, clean water or whether there's going to be chemicals in there that you're unaware of," said Tracy Dahl, a design engineer who built a home atop a mountain on North Fork in 1995.

Higher natural gas prices and the push for domestic energy development have made the Rockies' unconventional sources more economical. That's created conflicts with the area's growing population, most of which lives on a split estate: when one party owns the land and another owns the minerals underneath.

Most of the gas drilled in the Raton Basin, which includes the ranch, is from coal-bed methane ? gas trapped in coal seams that once provided a thriving coal-mining industry. Roughly 2,600 coal-bed methane wells have been drilled.

Methane gas was a liability in coal mining because of its volatility, but then companies started tapping it as a fuel source. Pumping groundwater relieves the pressure that traps the gas, raising concerns among landowners about the effects on the water table and drinking water wells.

The Raton Basin is one of the hot spots of an energy boom rippling throughout the Rockies. There are roughly 34,000 active wells across Colorado and tens of thousands more are expected over the next 20 years.

"Typically, the people having the problems moved from cities and towns. They think they're going to go up to the wilderness and live in harmony with nature, but those days are kind of gone," said McDonald, whose family has ranched in the area since 1890.

Besides concerns about water, Dahl and Dasko said they wonder what happens to the land after wells are drilled, waste pits are dug and roads are carved out of hillsides.

On a recent tour of North Fork Ranch, sections of small fences to prevent sediment from flowing into streams were lying flat in the mud.

A March 11 report on the Web site of the Colorado Oil and Gas Conservation Commission, the main regulatory agency, said an inspection found "numerous sediment and erosion problems." It said Pioneer agreed to make repairs and improvements.

At home, Dasko plopped two big binders on a table. The binders were packed with photos of alleged violations, correspondence with Pioneer and other documents. She said landowners have taken water samples and charted the fate of area wetlands and streams.

"We went into this whole thing very proactive, fairly organized. We hired the best lawyers we possibly could," Dahl said of the landowners' agreement with Pioneer for use of the surface. "Most folks are not doing these kinds of things and it's ridiculous to expect a citizen to have to."

 

[blackangst1]

Originally posted by: dmcowen674

Originally posted by: Vic

Originally posted by: dmcowen674

Originally posted by: Linux23
So refiners aren't make enough, so they are cutting back production, thus increasing prices at the pump, regardless of lower demand for their product?

Isn't that extortion?

It's called "Free Market" Supply and Demand according to the guys here in P&N.

Just because they artificially manipulate the supply doesn't make it wrong or extortion.

They are doing their job according to the interests of their respective World Leaders (such as king of Saudi Arabia etc), CEO's, Politicians they control and shareholders.

Suck it up, you must comply and enjoy with a smile.

Why do you hate the environment?

Actually I am environmentally conscious whenever possible.

Contrary to Sean Hannity that said yesterday he would rather die than recycle anything, I recycle, switched to CF bulbs when they first came out, insulate like mad, sort my trash etc etc.

What have you done lately?

I drive 12 miles each way to work, 7 out of 14 days every two weeks. About every 6 or 8 weeks I drive to Mexico which is about 180-200 miles each way. About every two weeks I drive to Flagstaff which is about 150 miles each way.

I get about 11 MPG city and 17-19 freeway.

 

[Engineer]

33 billion barrel oil reserve found off shores of Brazil.

Oh, and gas rose from $3.24 to $3.45 per gallon today in Lexington, KY.

 

[rpanic]

Was driving down PCH saw a Mobil station 3.95 for regular and 4.19 for super today, Los Angeles CA.

 

[dahunan]

Originally posted by: rpanic
Was driving down PCH saw a Mobil station 3.95 for regular and 4.19 for super today, Los Angeles CA.

Just talked to my Mom today who is just East of Palm Springs... regular there is $3.50 - $4.09

 

[dmcowen674]

4-15-2008 Oil sets new record high above $113

Oil set new record highs above $113 a barrel on Tuesday as investors sought to hedge against a battered dollar.

 

[BoomerD]

Gasoline took another jump here. It was in the $3.50 -$3.60 range here last week, now, running about $3.75. The raping of Americans continues in the name of corporate greed.
I wish Dave would quit being such a supporter of these criminal profiteers...

I see things getting worse and worse in our economy as the gas prices keep going up and up. The prices of everything keep climbing, (except housing) and people seem to be less and less confident in a speedy recovery.

Bushie, you're doing a heck of a job...

Seems like a Democratic candidate should drag out one of Bill's lines from the 92 campaign..."It IS the economy, Stupid."

 

[Jaskalas]

Originally posted by: BoomerD
Seems like a Democratic candidate should drag out one of Bill's lines from the 92 campaign..."It IS the economy, Stupid."

Once elected what can they possibly do?

 

[Vic]

Originally posted by: Jaskalas

Originally posted by: BoomerD
Seems like a Democratic candidate should drag out one of Bill's lines from the 92 campaign..."It IS the economy, Stupid."

Once elected what can they possibly do?

Something instead of nothing?

Nah... too easy.

 

[EagleKeeper]

Originally posted by: BoomerD
Gasoline took another jump here. It was in the $3.50 -$3.60 range here last week, now, running about $3.75. The raping of Americans continues in the name of corporate greed.
I wish Dave would quit being such a supporter of these criminal profiteers...

I see things getting worse and worse in our economy as the gas prices keep going up and up. The prices of everything keep climbing, (except housing) and people seem to be less and less confident in a speedy recovery.

Bushie, you're doing a heck of a job...

Seems like a Democratic candidate should drag out one of Bill's lines from the 92 campaign..."It IS the economy, Stupid."

Slogans do not work when you have nothing to back it up.