Originally posted by xmarksthespotNotice a jump in March 2003. I wonder what caused that.
More that at least from some of what I've read, a poor US and to a lesser extent global economy and resultant weaker buying power of currencies, coupled with a bullish crude oil market is resulting in overinflated oil prices. And that the effect of supply-demand economics is being somewhat exaggerated.
CNN did some special on oil running out last night. One scenario said that by Sept 2009, oil is $5.00 +. Al Qeda then attacks oil refineries of Saudia Arbia causing prices to go over $9.00. But then it made me realize two things (more in focus; had thought them before but it actually pissed me off last night):
1) Everyone is talking about the supply of oil. Saudia Arbia is relevant because they have so much oil. Supposedly, Saudia Arbia is also a terrorist hideout and blah blah, yet a nice amount of oil is known to be in certain places throughout the world (even the U.S.) but we don't drill for it.
Why would the U.S. allow itself and other places to be subject to being at the whim of Saudia Arbia if it could be helped? But then again...
2) Oil prices are not based on supply but equilibrium pricing, but WHY THE HELL DOES THIS MAKE SENSE? The only thing I can even understand this sort of pricing system being used is to tell people "Well, you think it works this way, but it's really like this," hence "experts" not coming to a concrete conclusion of what is going on (similar to taxes in the U.S.; it could be easy but the forms are unneccesairly complex).
I still don't have the semantics down, but in just in thinking, without doing hardly any research, it is clear something is really off about this whole thing.
The oil deals with the saudis in the 50s were too lucrative
now, it is just those with invested interests trying to maintain their stranglehold on... well, I guess at this point it is the entire geopolitical system.
One of the best things I like is that Saudi Arabia (along with Pakistan and America) supported the Mujahadeen in Afghanistan. However, after the fall of the soviet invaders and as the Taliban began to rise during the post-occupation civil war, America left, but Saudi arabia, through Pakistan's ISI, supported the Taliban regime, as they are ideological allies and Saudi arabia is a regional power.
So, now we are at war with the Taliban in the Wahabbi regions of Pakistan/Afghanistan, and at the same time, we are giving buckets of money (and ENRICHED URANIUM, ya, I know I mentioned it, just, you know, pretty stupid thing to do) to the very same people who we know support these groups. Americans, Canadians, Brits and anyone else in Afghanistan is supporting the very people their soldiers are fighting against. When I fill up my car, I am funding both the Canadian NATO forces and the Taliban fighters shooting at them.
Originally posted by inimalistSo, now we are at war with the Taliban in the Wahabbi regions of Pakistan/Afghanistan, and at the same time, we are giving buckets of money (and [b]ENRICHED URANIUM
, ya, I know I mentioned it, just, you know, pretty stupid thing to do) to the very same people who we know support these groups. Americans, Canadians, Brits and anyone else in Afghanistan is supporting the very people their soldiers are fighting against. When I fill up my car, I am funding both the Canadian NATO forces and the Taliban fighters shooting at them. [/B]
Its an odd and frustrating world we live in. 😱
is there a solution to his knot of mayhem?, hmm anyone?
Originally posted by KidRock
McCain and Obama should stop being **** heads and just commit to drill the oil reserves in Alaska if elected. Figure those can keep the gas prices stable enough until alternate energy is our main source.
But omgz it could affect the migrating patterns of the caribou and screw up the environment... even though the current pipeline up there from another site hasn't done any of that 🙄
why even risk it when there are numerous undeveloped (re: known) oil reserves on the continental United States which would be just as effective as the potential reserves (re: unknown) from environmentally risky areas.
Oh wait... is it how much tax dollars oil companies can grab and band-aid solutions from political parties owned by oil interests?
first you get the money, then you power and then you get the women
though, in full disclosure, its more a problem with American lobbying practices than a world gone mad.
Funny how little people are bothered by lobbying, and the idea that those with money can use it to create policy. Thats what, the 7th ammendment?
"It" is bullshit. Something such as "terrorism" or "energy crisis" to confuse people when the truth is far more complex than the media is making it seem.
I'm not the biggest history buff, but this is just a modern reminder of why democracy is bullshit.
For example: Citizens vote a leader in. Once leader is in office, he does not need to have cater them, only sway their consent here and there as necessary.
"Of course the people do not want war... But, after all, it is the leaders of the country who determine the policy, and it is always a simple matter to drag the people along, whether it is a democracy, a fascist dictatorship, a parliament, or a communist dictatorship. Voice or no voice, the people can always be brought to the bidding of the leaders. That is easy. All you have to do is tell them that they are being attacked and denounce pacifists are lack of patriotism."
- German Field Marshall Hermann Goerin, Nuremberg, April 18, 1946
I can't even tell you the last time I heard Bush's name in the news unless they were talking about his all-time low approval ratings which are around 35 % but I think lower. We don't even know what the hell he has been doing in the year 2008 without some serious digging. It's not an accident. It is one of the reasons all these media mergers scare the hell out of me.
I was wondering, does pumping all this oil out of the ground leave massive holes?
If so could this not help the rising sea level problem, by letting the sea water flood these holes left from where the oil was?
Are the holes in land based oil winning a risk, could towns collapse into them, earthquakes happen etc.