Re: Oil at 114$

Gladiator,
Can you say 90%?  Most companes don't run that high.  The Oil companies ARE.  They are actually trying to pump every single ounce of oil they can why?  For the same reason you stated profit.  Oil prices are high so they DO want to sell MORE.  The problem is the whole oil peak + increased comsumption.  "Easy" oil is runnnig lower and we are consuming more.  A bad mix of events.  Markets "solve" this by increasing the sales price.

I'm going to be nicer promise

Re: Oil at 114$

lol East

Sex without the e is still SX!

Re: Oil at 114$

saudi-arabia is going to produce more oil to fill in the gap of other opec members producing less. no thoughts?

Re: Oil at 114$

$134 today.

There's plenty of oil oozing out of the creamy centre of the earth if only the lefty pinkos will let us drill holes everywhere.

Yeah right, my ass.
At $134 a barrel its cheaper to buy fresh Brazilian wood and burn it in my steam train.

Re: Oil at 114$

coal is still cheaper han tongue even if you make it from wood. (how do you say coal from wood in english btw?) But without the humour I see your point.

Re: Oil at 114$

Good News.
Congress is working on a bill to Sue OPEC

That will help for sure
I'm sure when OPEC stop producing that 6M B a day that they sell to the US that will cause the price to fall.

Re: Oil at 114$

Tymo, are those imperial gallons or US gallons?

in holland we hit 11.5 dollar/US gallon

NEE NAW NEE NAW

Primo

Re: Oil at 114$

"coal is still cheaper han tongue even if you make it from wood. (how do you say coal from wood in english btw?) But without the humour I see your point"

charcoal tongue

qsudifhkqsdhfmsklfhjqmlsdfhjqkmsldfhjmqklsfhmqlsfhjqmsklfhqmskjdfhqsfq
sdffdgjfhjdfhgjhsfsdfqgsbsthzgflqkcgjhkgfjnbkmzghkmqrghqmskdghqkmsghnvhdf
qmkjghqmksdjqlskhqkmsdhqmskfhjqmskjdfhqkmsdfjhqmskfhjqkmsjdfhqkm
sjfhqkmsjfhqkmsjfhkqmjsfhqksdjmfhqksjfhqskjdfhnbwfjgqreutyhaerithgfqsd
kjnqsdfqsdfqsdfmkjqhgmkjnqsgkjmhzdflmghjsmdlghjsmdkghmqksdjghq

Re: Oil at 114$

"Yeah a guest on top gear said that his Rover 75's engine blew up while he was driving it on the motorway. And instead of suing Rover(like they would in america) he asked them to sell him another one."

Well hell why can't America build a truck that wins over that "British idiot who loves cars that explode for no reason" market niche?!

The core joke of Hitchhiker's Guide to the Galaxy is that of course no civilization would develop personal computers with instant remote database recovery, and then waste this technology to find good drinks.
Steve Jobs has ruined this joke.

Re: Oil at 114$

Because they can't figure out how to build a car with a petrol tank instead of a gas tank. They tried calling the british for instructions, but they can't be reached on cellphones, and the americans don't have mobiles.

☑ Saddam Hussein ☑ Osama Bin Laden ☐ Justin Bieber

61 (edited by Justinian I 23-May-2008 22:19:55)

Re: Oil at 114$

Oil prices are going up at ridiculous rates. I say America build an empire in the middle east, with ruthless military enforcement and colonization too. Then we build a wall of tarrifs to discourage the sale of oil to China.

Our military will also need to be reformed.

1. Our small, well equipped combat forces will be called heavy combat forces.

2. We will build an 8 million man army of working class losers, who will be called light combat forces. LCF will be trained mostly to occupy an area, shoot enemies, and terrorize people with possible revolutionary thoughts.

3. Our policy toward our enemies will be speed, mobility, and destruction. We will use our air force to completely wipe our populations that stand against us. That means bye bye Palestine.


Problem solved!

Re: Oil at 114$

Wealth is being transfered from oil importing countries to oil exporting countries at a frantic pace.

Countries like Russia and Canada will Emerge in the next decade as the economic superpowers.