Oil thread 9-7-06:Former BP head of Pipeline invokes 5th

[dmcowen674]

Originally posted by: Vic

Originally posted by: dmcowen674

Originally posted by: Vic

The American sheep should know by now that oil and gas prices always go down in the fall. I've been telling this forum for years that the direction oil prices will move can be predicted just by looking at a calendar but most of the people here continue to believe that (to use another Orwell reference) the chocolate ration never changes.

I will now predict that prices will spike back up just before Labor Day, then plummet starting in mid-September and that will we have $2 gas by December. There will be a brief spike around the holiday season, then back to $3 gas in the spring.

What would be the mitigating factor for gas to go back to $2 when Oil is still around $70???

Oil will drop below $70 obviously.

Obviously the Republican faithful on here are full of sh!t:

8-21-2006 Oil prices rise near $72 a barrel on Iran , Nigeria and Huricane FEARS

Oil prices rose back near $72 a barrel Monday, rebounding from declines the week before, after Iran insisted ahead of an official response to a package of incentives on its nuclear program that it will not suspend uranium enrichment.

Prices also appeared underpinned by concerns about supply disruptions in Nigeria due to civil unrest and fear of potential hurricanes that could strike Gulf of Mexico refineries.

Traders were also watching for signals of where fuel demand is headed in the wake of BP's production woes at its Prudhoe Bay field in Alaska.
=============================================
Why does the world especially the U.S. sheeple allow Traders (which I call Traitors) to control it on FUD?

These people are obviously imcompetent whores.

There is no Oil supply problem and there hasn't been since OPEC turned off the valves in 1973 to hold out for more money.

These "Traders" have to be OPEC itself.

Did OPEC turn over control of the Oil fields to these "Traders"?

 

[dmcowen674]

8-25-2006 Oil climbs on U.S. Gulf storm worry

Oil prices climbed toward $73 on Friday as another storm brewed in the Caribbean with the potential to reach the Gulf of Mexico next week, creating worries over U.S. production already trimmed by an outage in Alaska.

A spinning band of squalls in the southeastern Caribbean was on the verge of becoming Tropical Storm Ernesto by Friday, expected to head northwest toward the Gulf of Mexico by the middle of next week, forecasters said.

"Traders have turned their focus from comfortable inventory levels in the U.S. to storm activity out in the Atlantic," said Tobin Gorey of the Commonwealth Bank of Australia.

 

[DealMonkey]

Thank god for that Cheney energy task force thingy!

 

[dmcowen674]

Originally posted by: DealMonkey
Thank god for that Cheney energy task force thingy!

What was that supposed to be for?

Raise oil prices?

 

[catnap1972]

Originally posted by: dmcowen674

Originally posted by: DealMonkey
Thank god for that Cheney energy task force thingy!

What was that supposed to be for?

Raise oil prices?

But of course!

See, the Republicans have it so it's to their advantage either way prices go. If they go down, the sheep...uh...voters will be "allayed of their fears of expensive energy" and will thank them by voting for them, while if they go through the roof, it'll keep those "anti American, terrist enabling" Dummycrats away from the polls, giving the Republicans the win by default.

That KKKarl Rove is a GENIUS I tell ya

 

[slsmnaz]

Where's the link that states oil is headed toward $100? It's fluctuating but if the storm is smaller then it will go down. You could just as easily say $200 since it's going up. Quit being an alarmist, you're acting no different than those you are against.

 

[TheSlamma]

Fine by me. As long as it helps to eliminate the SUV's for fad and limits it to SUV's for need.

 

[MikeMike]

Originally posted by: dmcowen674
8-25-2006 Oil climbs on U.S. Gulf storm worry

Oil prices climbed toward $73 on Friday as another storm brewed in the Caribbean with the potential to reach the Gulf of Mexico next week, creating worries over U.S. production already trimmed by an outage in Alaska.

A spinning band of squalls in the southeastern Caribbean was on the verge of becoming Tropical Storm Ernesto by Friday, expected to head northwest toward the Gulf of Mexico by the middle of next week, forecasters said.

"Traders have turned their focus from comfortable inventory levels in the U.S. to storm activity out in the Atlantic," said Tobin Gorey of the Commonwealth Bank of Australia.

you are such a dumb blinded, hatred driven idiot.

your title reads "drives towards $100"

A: Enersto is NOT a hurricane, yet.
B: it rose $2, big frickin whoop.
C: you are still one sided, wtf happened to talking about the decreases? you put more spin on the news you report than a kick serve in tennis, let alone the news channel you hate, Fox News...

you are a reason i HATE anything to deal with politics, you have morons, and dumbasses, and you fit both.

 

[dmcowen674]

Originally posted by: MIKEMIKE

Originally posted by: dmcowen674
8-25-2006 Oil climbs on U.S. Gulf storm worry

Oil prices climbed toward $73 on Friday as another storm brewed in the Caribbean with the potential to reach the Gulf of Mexico next week, creating worries over U.S. production already trimmed by an outage in Alaska.

A spinning band of squalls in the southeastern Caribbean was on the verge of becoming Tropical Storm Ernesto by Friday, expected to head northwest toward the Gulf of Mexico by the middle of next week, forecasters said.

"Traders have turned their focus from comfortable inventory levels in the U.S. to storm activity out in the Atlantic," said Tobin Gorey of the Commonwealth Bank of Australia.

you are such a dumb blinded, hatred driven idiot.

your title reads "drives towards $100"

A: Enersto is NOT a hurricane, yet.
B: it rose $2, big frickin whoop.
C: you are still one sided, wtf happened to talking about the decreases? you put more spin on the news you report than a kick serve in tennis, let alone the news channel you hate, Fox News...

you are a reason i HATE anything to deal with politics, you have morons, and dumbasses, and you fit both.

Ah :heart: you too.

Seems to me you love politics because you support the Republican way. Congrats

 

[LegendKiller]

Originally posted by: dmcowen674


Ah :heart: you too.

Seems to me you love politics because you support the Republican way. Congrats

No dave, we just can't stand you and your stupid posts or your FUDD. Not everybody, not even close to everybody that disagrees with you is a Republican. I'd say most, if not all, just think you're a moron.

 

[Vic]

Originally posted by: dmcowen674

Originally posted by: Vic

Originally posted by: dmcowen674

Originally posted by: Vic

The American sheep should know by now that oil and gas prices always go down in the fall. I've been telling this forum for years that the direction oil prices will move can be predicted just by looking at a calendar but most of the people here continue to believe that (to use another Orwell reference) the chocolate ration never changes.

I will now predict that prices will spike back up just before Labor Day, then plummet starting in mid-September and that will we have $2 gas by December. There will be a brief spike around the holiday season, then back to $3 gas in the spring.

What would be the mitigating factor for gas to go back to $2 when Oil is still around $70???

Oil will drop below $70 obviously.

Obviously the Republican faithful on here are full of sh!t:

We'll see this before Oil ever drops ever again:

Protests erupt after Nepal fuel price hike

And oil drops below $70. Before Labor Day even. Anyone who is heavily invested in energy futures should get out now IMO.

 

[dmcowen674]

Originally posted by: Vic
And oil drops below $70. Before Labor Day even. Anyone who is heavily invested in energy futures should get out now IMO.

You don't think the rich boys made so much of a killing in profits that they can't fake a little bit of loss???

 

[Pens1566]

Actually, Ernesto was a hurricane before it hit Cuba. It will regain that status again shortly.

 

[dmcowen674]

Originally posted by: Pens1566
Actually, Ernesto was a hurricane before it hit Cuba. It will regain that status again shortly.

It's cranking up as we speak, south Florida is going to get nailed especially wetsern Dade and Broward Counties.

 

[Vic]

Originally posted by: dmcowen674

Originally posted by: Vic
And oil drops below $70. Before Labor Day even. Anyone who is heavily invested in energy futures should get out now IMO.

You don't think the rich boys made so much of a killing in profits that they can't fake a little bit of loss???

See how easy doomsaying is? Right or wrong, you can always spin it to claim you were right. "The chocolate ration was increased! Really!" "Oil prices don't always fall after Labor Day, it's only happening this year as a conspiracy by the GOP backers to get the Republicans elected!"
You're a moron. That's why you're so afraid of everything. Ignorance breeds fear.

 

[Vic]

Originally posted by: dmcowen674

Originally posted by: Pens1566
Actually, Ernesto was a hurricane before it hit Cuba. It will regain that status again shortly.

It's cranking up as we speak, south Florida is going to get nailed especially wetsern Dade and Broward Counties.

Not according to the National Weather Service is it likely to regain hurricane status. But hey, we're all oh-so-glad that your doomsaying FUD knows more than the scientific experts. They MUST be Republicans! :roll:

 

[dmcowen674]

Originally posted by: Vic

Originally posted by: dmcowen674

Originally posted by: Pens1566
Actually, Ernesto was a hurricane before it hit Cuba. It will regain that status again shortly.

It's cranking up as we speak, south Florida is going to get nailed especially wetsern Dade and Broward Counties.

Not according to the National Weather Service is it likely to regain hurricane status. But hey, we're all oh-so-glad that your doomsaying FUD knows more than the scientific experts. They MUST be Republicans! :roll:

You bet. I have been right alot more than your hero experts.

The only thing that saved the gulf from this particular storm is a very well organized upper level low in the gulf off Texas that is in fact spinning down to becoming more tropical system itself.

It may in fact hit western Louisiana as a tropical storm Thursday.

 

[LegendKiller]

Originally posted by: dmcowen674

Originally posted by: Vic

Originally posted by: dmcowen674

Originally posted by: Pens1566
Actually, Ernesto was a hurricane before it hit Cuba. It will regain that status again shortly.

It's cranking up as we speak, south Florida is going to get nailed especially wetsern Dade and Broward Counties.

Not according to the National Weather Service is it likely to regain hurricane status. But hey, we're all oh-so-glad that your doomsaying FUD knows more than the scientific experts. They MUST be Republicans! :roll:

You bet. I have been right alot more than your hero experts.

The only thing that saved the gulf from this particular storm is a very well organized upper level low in the gulf off Texas that is in fact spinning down to becoming more tropical system itself.

It may in fact hit western Louisiana as a tropical storm Thursday.

And I suppose you get your information from....yourself. You have your own plane, you fly through the clouds, and you have your own weather satilites! Dave *IS* the weatherman, he listens to no "experts" because he is one. He generates his own data and listens to nobody's Republican shills. Dave slices, dices, weather forecasts, and does it all for the poor people. He is *DA MAN*.


Seriously dave, give it up.

 

[dmcowen674]

9-7-2006 Former BP exec invokes Fifth Amendment

WASHINGTON - The former head of pipeline-corrosion monitoring for BP in Alaska refused to testify under oath Thursday as outraged lawmakers grilled company officials over the causes of a massive oil spill earlier this year.

Lawmakers said BP's mistakes in Alaska ? as well as its responsibility for a deadly refinery fire last spring ? were particularly unacceptable given the industry's record profits and the relatively inexpensive measures that might have prevented the oil spill.

"If a company ? one of the world's most successful oil companies ? can't do the basic maintenance needed to keep Prudhoe Bay's oil field operating safely and without interruption, maybe it shouldn't be operating the pipeline," Rep. Joe Barton (news, bio, voting record), R-Texas, said.

Rep. Diana DeGette (news, bio, voting record), D-Colo., said she was especially disappointed in BP, since it professes in advertising to pride itself on protecting the environment. "I applaud BP for trying to move beyond petroleum, but maybe it should start by sticking to the basics and begin to focus on rudimentary pipe maintenance."

 

[MadRat]

dave,

Can you close this thread and get a new one open so we don't crap out the server index again?

 

[dmcowen674]

Originally posted by: MadRat
dave,

Can you close this thread and get a new one open so we don't crap out the server index again?

Good idea :thumbsup: