Edited: 9/5/2008 11:28:44 PM by Ice
sorry... this really pisses me off... ive been following the stocks and stuff since OIL started rising.
its funny how many times some dumbass says "oil will hit $200 barrel " next day Oil goes up $20 more or so ... but if someone says "Oil will be $20 a barrel" its funny that the oil dont go down? lol
then they start pointing fingers... why why why , we've heard so many excuses ...
its supply and demand ... hmmm .. several times it was reported we had too much supplies and ships where waiting in the gulf to unload oil , but couldnt , had no where to put it... but oil still kept raising.even read an article how USA refineries are Selling (exporting ) refined oil to other countries.. wait, isnt supply tight?..
then they say ... its the Weak American Dollar... so what theyre saying is , our dollar falls .05% below normal, and this causes the Oil to shoot up %40 ? last time i checked , we're not the only country buying oil....
then there the Speculations, that gets blamed, (in which i do believe they have alot to do with it , but not all.
and im soo tired of the Environmentalist, i believe they have some to do with high gas prices... cause everytime someone wants to drill for oil , or build a refinery , those damn people are there protested, suing every step of the way, making it over 10 years before grounds could be break...
tired of hearing how we have oil all over our nations, but the damn Envir people says, its not worth it , or its not enough oil in that spot to do any good.... might be true, but if we start pumping from ALL the spots. it would mount up to alot of oil.or it will take 9 years before production/oil begins to come up, well, lets not talk about it , lets get the ball on the road!!.. but then again... we got greedy Exxon and etc companies that loves the price being high... i hear all the time how they pump the oil , prime it and etc.. and cap it off and go to another spot , not even pumping the oil, just waiting for the price to get higher so they can profit more money... you know, keep supplies tight ....
last but not least.... damn OPEC!!!!!!
when oil was high, they pointed fingers and said it shouldnt be that high. they didnt want it that high, even said they was afraid if it got to high it would hurt many countries and etc.... they claimed it should be around $70 barrel......
i say , what a bunch of lairs!!!
they only supply the market %40 of the worlds oil, but they have alot to do with prices....
now im reading , how Opec is wanting to cut productions , cause they dont want to see the oil go below $100... even there members , like IRAQ ... fucking tards, we're overthere doing there battle , and theyre worried about the oil getting too cheap like what happened in the 80's...
heres the article about that..
http://www.mercurynews.com/breakingnews/ci_10394019
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do i have any answers... not really, i do want to see other energy sources come to life., i do believe, we need to start drilling more oil in the US, and ban anything from OPEC .. but easier said then done...
problem lies, as long as OIL companies are making the big bucks, im sure the government gets something out of it too... and we have oil to pump. its gonna be hard to see the price go down or more none oil energy come to life....
theres many many more things i didnt mention or dont know ... but just wanted to vent a little.... cause, you dont get all the facts just by watching TV... and even the net is hard, but you can find better and more info off of the Net then the damn tv....
wish there was something quick we can do to make things better....
but face it....... Everything requires OIL to run or make... OIL keeps going up, prices of everything keeps going up... food , cars, metal and etc....
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