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| Grumpy Old Pharts Board Gerritol, Ex-Lax, Immodium, Bad Breath - all requirements for the Grumpy Board |
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05-28-2008, 02:12 PM
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#1
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Registered User
Join Date: Jun 2007
Location: North Cambridge, MA
Posts: 1,358
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Quote:
Originally Posted by likwid
Ditto.
If you somehow believe the hype from the oil lobbyists about drilling in ANWR you're a complete fool. Same with the Bristol Bay Pebble Mine.
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Why sell a barrel of oil for $50, when it is evident that you can sell it for $100+ and demand budges little. The only thing drilling in ANWR will do is put more $100+ priced barrels on the market. The Oligopoly is in full effect, and the lobbying firms are their tentacles. |
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05-28-2008, 04:20 PM
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#2
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lobster = striper bait
Join Date: Jul 2002
Location: Popes Island Performing Arts Center
Posts: 5,871
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Quote:
Originally Posted by EarnedStripes44
Why sell a barrel of oil for $50, when it is evident that you can sell it for $100+ and demand budges little. The only thing drilling in ANWR will do is put more $100+ priced barrels on the market. The Oligopoly is in full effect, and the lobbying firms are their tentacles.
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$8 per barrel x god knows how many barrels per day PROFIT wasn't good enough. 
And the only good thing about McCain taking office would be a damn hot 1st daughter.  |
Ski Quicks Hole
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05-28-2008, 08:22 PM
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#3
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Registered User
Join Date: May 2001
Location: Rhode Island
Posts: 3,650
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Exxon Mobil/BP have submitted plans for technical service contracts to increase production at super oil fields in Iraq. |
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05-29-2008, 02:47 PM
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#4
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President - S-B Chapter - Kelly Clarkson Fan Club
Join Date: May 2005
Location: Rowley
Posts: 3,781
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oh, that's interesting, so this war is finally going to pay off then? |
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05-29-2008, 03:13 PM
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#5
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Registered User
Join Date: Sep 2003
Location: Libtardia
Posts: 21,690
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Quote:
Originally Posted by Rockport24
oh, that's interesting, so this war is finally going to pay off then? |
it will pay off for exxon mobile... not for the consumer. |
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05-30-2008, 10:25 AM
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#6
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President - S-B Chapter - Kelly Clarkson Fan Club
Join Date: May 2005
Location: Rowley
Posts: 3,781
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Quote:
Originally Posted by Nebe
it will pay off for exxon mobile... not for the consumer.
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yeah, you're right, then congress will ask them why the prices are still high even with this increased production in Iraq and they will say they are victims of the increased demand again  |
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05-31-2008, 10:31 PM
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#7
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Registered User
Join Date: May 2001
Location: Rhode Island
Posts: 3,650
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Iraq is currently producing about 2 mil barrels a day. The biggest oil fields are in southern Iraq and the oil exports via the port city of Basra. Iran is a bigger threat to oil production and movement than the insurgents.
Exxon and BP now have a toehold in Iraq oil production via the TSC's as will other western companies and this will lead to expanding influence and control of Iraqi oil reserves. The pain of paying of $5 a gallon will lessen the backlash of public opinion with regard to the war being about oil. It will be ok with most people because reasonable people are more concerned about money than ideology.
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05-29-2008, 02:55 PM
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#8
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lobster = striper bait
Join Date: Jul 2002
Location: Popes Island Performing Arts Center
Posts: 5,871
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Quote:
Originally Posted by Joe
Exxon Mobil/BP have submitted plans for technical service contracts to increase production at super oil fields in Iraq. |
With all the fighting between not only "insurgents" but the individual groups throughout the country WHEN do they propose to do this?  |
Ski Quicks Hole
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