Watch it and weep, people

[Dudeskey]

The gas we're buyng now is based on when oil futures were at about $90 a barrel. Futures yesterday were up near $140... $6 gas here we come

http://www.cbsnews.com/sections/i_vi...ml?id=4162109n

[Spider]

Yeah they are getting all they can until Obama moves in and cleans house

[W*GS]

Originally Posted by Spider

Yeah they are getting all they can until Obama moves in and cleans house

How is Obama going to magically increase supply and decrease demand (especially in China) if he takes office?

[Bronco Jamus]

Originally Posted by W*GS

How is Obama going to magically increase supply and decrease demand (especially in China) if he takes office?

Seriously. I would like this question answered also.

[Spider]

Originally Posted by W*GS

How is Obama going to magically increase supply and decrease demand (especially in China) if he takes office?

Dont even go there **** stick . not until you learn what the Enron loophole is ... and you grasp your little brain around how High fuel Prices are effecting EVERY ****ING THING in your pathetic life ...... Until you grasp that **** , continue on ****ing with LABF .....We can Drill our way out of this mess , we just need to regulate oil trading ....... get a ****ing clue

[Spider]

Originally Posted by Bronco Jamus

Seriously. I would like this question answered also.

Then see Post #5 **** for brains

[Bronco Jamus]

Originally Posted by Spider

Then see Post #5 **** for brains

Calm down. Again, please detail out how Obama is going to lower prices and that pump, increase supply, and lower demand.

[Spider]

Originally Posted by Bronco Jamus

Calm down. Again, please detail out how Obama is going to lower prices and that pump, increase supply, and lower demand.

what are you stupid ? look up the Enron Loophole , see how your boy Bush helped Manipulate the trading of Oil on the market , then come back , and I will explain Supply and Demand to you ........ and How Peak oil and Demand is greater then Supply myth . or you continue on being stupid ...... the choice is youres

[Bronco Jamus]

Originally Posted by Spider

what are you stupid ? look up the Enron Loophole , see how your boy Bush helped Manipulate the trading of Oil on the market , then come back , and I will explain Supply and Demand to you ........ and How Peak oil and Demand is greater then Supply myth . or you continue on being stupid ...... the choice is youres

I am just not going to discuss anything with you anymore. You are obviously not house broken, uneducated, and it's no wonder you can't keep a job. Good luck, kid. You are going to need it.

I'll pray for you

[Spider]

Originally Posted by Bronco Jamus

I am just not going to discuss anything with you anymore. You are obviously not house broken, uneducated, and it's no wonder you can't keep a job. Good luck, kid. You are going to need it.

I'll pray for you

thats what I thought ....... Next time educate yourself .........

[Maximus]

Originally Posted by W*GS

How is Obama going to magically increase supply and decrease demand (especially in China) if he takes office?

It's not a supply and demand issue... it is a speculation issue combined with a conspiracy to hide and or restrict the natural resourses that are available to us already! This entire debacle started in 1973

[Spider]

Originally Posted by Maximus

It's not a supply and demand issue... it is a speculation issue combined with a conspiracy to hide and or restrict the natural resourses that are available to us already! This entire debacle started in 1973

Yep there is over 2.5 trillion barrels of Oil here in America , granted it isnt high grade oil , but it is good enough to use ...

[DenverBrit]

Originally Posted by Maximus

It's not a supply and demand issue... it is a speculation issue combined with a conspiracy to hide and or restrict the natural resourses that are available to us already! This entire debacle started in 1973

Some estimates put the 'speculation' cost at between $30-$40 a barrel.

[Spider]

Originally Posted by DenverBrit

Some estimates put the 'speculation' cost at between $30-$40 a barrel.

They are buying 10 -20 x more then what is consumed ........ I had a good debate with Beer Slug on shale oil last night ......... we have plenty of Oil , I would like to see more Nuclear factories , Drill our way out of this mess , clean coal , Solar , wind , Methane , Hydrogen ........

[Bronco_Beerslug]

Originally Posted by Dudeskey

The gas we're buyng now is based on when oil futures were at about $90 a barrel. Futures yesterday were up near $140... $6 gas here we come

This is incorrect. Gas we buy now is based on oil prices from the last few weeks to the present, depending upon what part of the country you are in and supply. It's real easy to verify, just look at the the gas price charts for the last few months compared to the oil price charts for the same time period.

[24champ]

Originally Posted by Spider

Yeah they are getting all they can until Obama moves in and cleans house

Obama won't do anything and neither will McCain...the United States is at the mercy of foreign oil. I don't know the exact percentage, but a good majority of our oil comes from overseas. Bush went to Saudi Arabia and they rejected his plea to increase production, and I don't see Obama changing their minds either.

Secondly, Obama isn't going to go for drilling for Oil here in America, he is another global warming nutjob.

[Dudeskey]

Originally Posted by Spider

They are buying 10 -20 x more then what is consumed ........ I had a good debate with Beer Slug on shale oil last night ......... we have plenty of Oil , I would like to see more Nuclear factories , Drill our way out of this mess , clean coal , Solar , wind , Methane , Hydrogen ........

So what you're saying is there's some hoarding going on...

[Spider]

Originally Posted by 24champbailey

Obama won't do anything and neither will McCain...the United States is at the mercy of foreign oil. I don't know the exact percentage, but a good majority of our oil comes from overseas. Bush went to Saudi Arabia and they rejected his plea to increase production, and I don't see Obama changing their minds either.

Secondly, Obama isn't going to go for drilling for Oil here in America, he is another global warming nutjob.

bull**** ....... why do you believe the propaganda ?
got news for ya , they are drilling like there is no tomorrow from exit 42 On I70 on up 90 miles to Graig , Vernal Utah is so busy , they are hiring water truck Drivers to start at 32.00 per hour .... they are hurting in Utah for workers .. Pryce Utah is still running strong , then you have the Bakken oil patch , Schlumberger J is doing some great things from what I understand with Co2 Gas on Shale oil , I havent seen it yet .....

[Spider]

Originally Posted by Dudeskey

So what you're saying is there's some hoarding going on...

Plenty of Hoarding , we have shut in From N.D. to Sydney Montana , from Hobbs New Mexico to Andrews Texas to Odessa Tx , sitting there not pumping ... They have revived the salt Creek oil patch with Co2 Gas , that field is alive again , plenty of action ......Anadarco is building like mad up there in Midwest Wy ... I forget the name of the company but they have 1 drilling rig in the Naval reserve #5, 5 miles south of the Salt Creek , dont know for sure what is going on there ......

[Dudeskey]

Originally Posted by Spider

Yep there is over 2.5 trillion barrels of Oil here in America , granted it isnt high grade oil , but it is good enough to use ...

Just use some STP gas treatment

[24champ]

Originally Posted by Spider

bull**** ....... why do you believe the propaganda ?
got news for ya , they are drilling like there is no tomorrow from exit 42 On I70 on up 90 miles to Graig , Vernal Utah is so busy , they are hiring water truck Drivers to start at 32.00 per hour .... they are hurting in Utah for workers .. Pryce Utah is still running strong , then you have the Bakken oil patch , Schlumberger J is doing some great things from what I understand with Co2 Gas on Shale oil , I havent seen it yet .....

That's peanuts compared to the big picture. United States spends more than a billion dollars a day on foreign oil. Shale oil is extremely hard and complicated to get oil out of, that's why it's not done on a large scale.

[Spider]

Originally Posted by 24champbailey

That's peanuts compared to the big picture. United States spends more than a billion dollars a day on foreign oil. Shale oil is extremely hard and complicated to get oil out of, that's why it's not done on a large scale.

Dont bull**** me, do you even know how many miles and wells that are shut in ? ...... 2.5 trillion Barrels between Rifle co and Bakken ..... dont give me that **** it is too hard to get .have you even seen a shale oil drilling rig ? If so explain the difference in a shale oil rig and a regular Oil Drilling rig
why in the **** do you insist on commenting on **** you dont know about ? I have been to the Instu plant North of Meeker have you ? if so Explain what it looks like ..........

[Spider]

Originally Posted by Dudeskey

Just use some STP gas treatment

I dont know , someone was telling me E 85 would make it 91 + octane , but refining out is out of my realm of what I know about

[Spider]

I have not seen the this operation performed , this is word from the grapevine type of stuff , But Schlumberger is doing some experimental stuff with Co2 injections and Shale oil , from what I understand the Co2 method is more efficient , faster .. But I have not seen the this type of operation . I have seen Co2 injections into a tired patch , but not shale

[W*GS]

Originally Posted by Spider

Dont even go there **** stick . not until you learn what the Enron loophole is ... and you grasp your little brain around how High fuel Prices are effecting EVERY ****ING THING in your pathetic life ......

Suppose the "Enron loophole" is closed. How does that increase supply and decrease demand?

Originally Posted by Spider

We can Drill our way out of this mess , we just need to regulate oil trading ....... get a ****ing clue

We cannot "drill our way out".

We need to accept higher costs for oil and gasoline, and work on freeing transport from its use of them.

Persisting in following the same ****ty habits that got us to where we are now is stupidity defined. No wonder you want us to keep doing the same thing.