the reason oil is so high is because of China’s new found thirst for it, and our laziness.
I agree completely. Since we tend to be a reactive society instead of a proactive society things like this will always happen.
Lazy might be a little harsh though. Capitalism tends to work this way. Things won’t change until it becomes profitable to explore alternatives. Finally we’ve hit that threshold where companies think it is worthwhile.
Maybe lazy is a bit harsh. Maybe chicken shit is a better term, since this country is unique in that it is the ONLY industrialized nation on the planet that is being held hostage by radical environmentalism.
[/quote]
Make that claim ever again and I will PM you the whole Umweltverträglichkeitsprüfungsgesetz.
Ja, and that is just the name of this monstrosity.
You have better chances of legally killing our chancellor than building a new highway.
I have actually forgotten whether some sort of mole or cricket gets in the way of building an “autobahn” to the east, fucking 20 years after the Iron Curtain went down.
the reason oil is so high is because of China’s new found thirst for it, and our laziness.
I agree completely. Since we tend to be a reactive society instead of a proactive society things like this will always happen.
Lazy might be a little harsh though. Capitalism tends to work this way. Things won’t change until it becomes profitable to explore alternatives. Finally we’ve hit that threshold where companies think it is worthwhile.
Maybe lazy is a bit harsh. Maybe chicken shit is a better term, since this country is unique in that it is the ONLY industrialized nation on the planet that is being held hostage by radical environmentalism.
Make that claim ever again and I will PM you the whole Umweltverträglichkeitsprüfungsgesetz.
Ja, and that is just the name of this monstrosity.
You have better chances of legally killing our chancellor than building a new highway.
I have actually forgotten whether some sort of mole or cricket gets in the way of building an “autobahn” to the east, fucking 20 years after the Iron Curtain went down.
the reason oil is so high is because of China’s new found thirst for it, and our laziness.
I agree completely. Since we tend to be a reactive society instead of a proactive society things like this will always happen.
Lazy might be a little harsh though. Capitalism tends to work this way. Things won’t change until it becomes profitable to explore alternatives. Finally we’ve hit that threshold where companies think it is worthwhile.
Maybe lazy is a bit harsh. Maybe chicken shit is a better term, since this country is unique in that it is the ONLY industrialized nation on the planet that is being held hostage by radical environmentalism.
Make that claim ever again and I will PM you the whole Umweltverträglichkeitsprüfungsgesetz.
Ja, and that is just the name of this monstrosity.
You have better chances of legally killing our chancellor than building a new highway.
I have actually forgotten whether some sort of mole or cricket gets in the way of building an “autobahn” to the east, fucking 20 years after the Iron Curtain went down.
I’m talking about oil exploration. Not roads.
[/quote]
The recent drop in oil prices is a modest dip on a graph showing a long upward slope. To quote Peter Schiff, getting excited about this is like celebrating that your kid brought home an F instead of an F- on his report card.
[quote]belligerent wrote:
The recent drop in oil prices is a modest dip on a graph showing a long upward slope. To quote Peter Schiff, getting excited about this is like celebrating that your kid brought home an F instead of an F- on his report card.[/quote]
A 30% drop over 2 months is a “modest dip”? Barring any catastrophe with “Ike” this weekend, oil will see $80 before it sees $120.
I don’t think we will ever see $20 oil again, but the bubble has burst in oil speculation.
Maybe lazy is a bit harsh. Maybe chicken shit is a better term, since this country is unique in that it is the ONLY industrialized nation on the planet that is being held hostage by radical environmentalism.
[/quote]
Chicken shit is definitely just as harsh but so true.
Our country is paralyzed like a deer in headlight when any “taboo” topic comes up like the solving the energy crisis vs. giving elk BJs. God forbid if you aren’t into that beasteality thing. You might as well be a baby raper if you support drilling ANWAR
[quote]belligerent wrote:
The recent drop in oil prices is a modest dip on a graph showing a long upward slope. To quote Peter Schiff, getting excited about this is like celebrating that your kid brought home an F instead of an F- on his report card.[/quote]
Modest dip?
Current trend is down right now, something like 31% from the high.
EDIT: Damn, RJ beat me to it. Need to read the rest of the posts before posting these posts I am posting, post haste.
They “exploded” for one day. Oil is now trading below 108 and heading down.
The proposed government take over of wall street sent all of the markets into a tail spin on Monday. Gold made record gains, the stock market gave back the gains it made Friday, oil made a record leap.
Everything but the stock market is giving those gains back at the current time.
What confuses me is why you are posting it after the fact. Are you that slow on current events? or did it take you a day to get over your “fuck america” orgasm?
Oil is down $23 from yesterday’s intra-day high of $130.
What confuses me is why you are posting it after the fact. Are you that slow on current events? or did it take you a day to get over your “fuck america” orgasm?
[/quote]
Lol he was busy cuddling with his Louis Farrakhan plush doll.
[quote]AssOnGrass wrote:
How much is due to us just about to print close to a trillion dollars to “bail out” the economy?[/quote]
Investors rushed to buy $92/bl oil before the dollar tanked causing an upsurge in demand. The high price was a bubble before and it will come back down.
You got to love how the government can create uncertainty in the markets. One might even think that there are some on the inside that are benefiting from all this uncertainty.
[quote]LIFTICVSMAXIMVS wrote:
AssOnGrass wrote:
How much is due to us just about to print close to a trillion dollars to “bail out” the economy?
Investors rushed to buy $92/bl oil before the dollar tanked causing an upsurge in demand. The high price was a bubble before and it will come back down.
You got to love how the government can create uncertainty in the markets. One might even think that there are some on the inside that are benefiting from all this uncertainty.[/quote]
