| |
 |
|
|
|
 |
|
 |
| |
| Grumpy Old Pharts Board Gerritol, Ex-Lax, Immodium, Bad Breath - all requirements for the Grumpy Board |
 |
03-06-2008, 06:57 AM
|
#1
|
|
........
Join Date: Apr 2002
Posts: 22,805
|
when will it end...
when all the alternative technologies join together to make oil products less of a necessity for the consumer. General Motors just announced it's going to build a lithium battery vehicle ...and thats a good sign.
i for one, am sick and tired of hearing about new technologies and or new discoveries....like the ultra thin space age insulation thats 100 times more effective than whats currently available... then thats it...
it's gone .......... never to be heard of again... it should be used in cars and homes and EVERYWHERE... GRRRRRRR
|
|
|
|
|
|
03-06-2008, 07:09 AM
|
#2
|
|
Moderator
Join Date: May 2003
Location: Marshfield, MA
Posts: 6,267
|
great...just in time for a home oil fill...that will sit in my tank all summer  |
Live at Leeds
|
|
|
|
|
03-06-2008, 07:13 AM
|
#3
|
|
Registered User
Join Date: Feb 2003
Location: Here and There Seasonally
Posts: 5,985
|
We have a Texas oil man for Prez who holds hands with the Saudis. Why is anyone surprized at oil prices?
|
He that would make his own liberty secure, must guard even his enemy from oppression; for if he violates this duty, he establishes a precedent that will reach to himself.
Thomas Paine
|
|
|
|
|
03-06-2008, 07:20 AM
|
#4
|
|
Registered User
Join Date: Nov 2004
Location: plymouth,ma
Posts: 1,142
|
From the financial times... The interesting part of this article to me is that it's not necessarily supply and demand thats causing the high prices. We need to stop treating oil like a commodity that lets investors dip their hand into our pockets...
Bush tells Opec oil price is hurting economy
By Javier Blas and Ed Crooks in Vienna
Published: March 6 2008 02:00 | Last updated: March 6 2008 02:00
Washington attacked the Organisation of Petroleum Exporting Countries for its refusal to increase oil production yesterday after an unexpected drop in US crude oil inventories pushed prices to a record high.
In strongly worded criticism, George W. Bush, the president accused the oil producers' cartel of damaging the US economy. Mr Bush said oil prices were "making it harder here in America for working families to save and for farmers to be prosperous and for small businesses to grow".
He said he was "disappointed" by Opec's decision to leave production unchanged in the face of record prices. US oil yesterday jumped $5.04 to a record $104.56 a -barrel, before closing at $104.52.
Opec said in its communiqué yesterday that the -market was "well-supplied, with current commercial oil stocks standing above their five-year average". The cartel also "noted, with concern, that the current price environment does not reflect market fundamentals".
Mr Bush said: "It should be obvious to all that demand is outstripping supply and it's making prices go up." US crude oil stocks unexpectedly fell last week by 3.1m barrels to 305.4m barrels, nearly 6 per cent below last year's level.
Chakib Khelil, Opec's president, blamed the rise in oil prices on speculation associated with the weakness of the US dollar. "What is happening in the oil market is due to the mismanagement of the US economy," he said.
Investors have been pouring into commodities, particularly oil, to hedge against the fall of the dollar driven by cuts in US interest rates.
|
|
|
|
|
|
|
03-06-2008, 07:43 AM
|
#5
|
|
BigFish Bait Co.
Join Date: Apr 2003
Location: Hanover
Posts: 23,392
|
Oh! Well as long as Bush's comments were "strongly worded"......I feel better now! Why are we not stepping up production here in the US to increase supply and drive the prices down?? ??? ?? ? ?
|
Almost time to get our fish on!!! 
|
|
|
|
|
03-06-2008, 08:38 AM
|
#6
|
|
Super Moderator
Join Date: Sep 2003
Location: Georgetown MA
Posts: 18,206
|
Quote:
Originally Posted by BigFish
Oh! Well as long as Bush's comments were "strongly worded"......I feel better now!
|
On the Brighter side, Bush did a nice little dance for the reporters, Yet Again, yesterday  .....he's a regular "America's Darling" when the cameras are around.
Nobody on the entire planet takes us seriously anymore thanx to that joker 
Last edited by The Dad Fisherman; 03-06-2008 at 09:08 AM..
|
"If you're arguing with an idiot, make sure he isn't doing the same thing."
|
|
|
|
03-06-2008, 09:01 AM
|
#7
|
|
........
Join Date: Apr 2002
Posts: 22,805
|
agreed tdf
you'd think he was trying to go down in history as the
President with the most comedy ever...in office
when world war 2 was happening.... which was
for the most part before most S-B ers were born
there was a valiant effort by the American people
to donate copper for the war effort no matter where
it came from....
it's going to take that kind of UNITY to change the
way we do things in AMERICA ...
like right after 9/11 when everyone was driving with flags
until that happens : we are at their (opec's) mercy
bent over the oil barrel
|
|
|
|
|
|
|
03-06-2008, 10:33 AM
|
#8
|
|
Keep The Change
Join Date: Oct 2000
Location: The Road to Serfdom
Posts: 3,275
|
Blame Prez, but Congress weilds as much power as he does by the separation of powers. Once the Dem's get a majority in Congress (at the last election in case you wondered) they will pass or at least propose legislation that will protect us from high oil prices and record profits.... SHOW ME. rant over  |
“It’s not up to the courts to invent new minorities that get special protections,” Antonin Scalia
|
|
|
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
All times are GMT -5. The time now is 12:40 PM.
|
| |
Hybrid Mode