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Saudi Arbia says if you want more oil pay?

Discussion in 'Uncategorized Threads' started by smsnyder, May 16, 2008.

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  1. smsnyder

    smsnyder Well-Known Member

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    What's wrong with that picture?
     
  2. JBrooks

    JBrooks TS Member

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    Nothing. It is their oil.
     
  3. smsnyder

    smsnyder Well-Known Member

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    Well, next time someone is going to take over there country or iran wants to nuke them who do you think will help?
     
  4. smsnyder

    smsnyder Well-Known Member

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    why aren't we getting more oil from IRAG?
     
  5. JBrooks

    JBrooks TS Member

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    We will because we need their oil. Next really dumb question?
     
  6. JBrooks

    JBrooks TS Member

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    Why don't you ask why we aren't getting any oil from ANWR, offshore California, Gulf of Mexico and Gulf of Alaska. That is all our oil then we wouldn't need as much of their oil.
     
  7. RobertT

    RobertT Well-Known Member

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    What say we tell the limp wristed politicians in Washington to start developing Anwar along with our other oil resources. Certainly we can now afford to extricate oil from shale for less than $200.00 a barrel. As soon as OPEC and other oil producing countries believe we are serious they will begin to worry about their own pocket books and quit picking ours. The initial costs of energy independance may be steep but the rewards seriously outway them. The BIG question is, when will there be a significant enough revolt against our own government. How can we force them to do what is in the best interest of the American people rather than pander to foreign regimes and fringe radicals.

    Robert
     
  8. smsnyder

    smsnyder Well-Known Member

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    ok, Iraq wants a free society. let them pay for in there lives and money.
     
  9. JBrooks

    JBrooks TS Member

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    Earl,

    Go exhibit your profound ignorance somewhere else. You have already convinced us that you know zero about trapshooting and yet, that seems to be what you know most about.
     
  10. smsnyder

    smsnyder Well-Known Member

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    jbrooks,your rude . I never said i am an expert shooter. I am a gentleman though, People like you should be barred from this site.
     
  11. smsnyder

    smsnyder Well-Known Member

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    Why and the heck are we there. I guess are dying for nothing. Please explain why. Who are we helping? Ok, we spend billions of our money for a country that says screw you . If you want more oil you must pay our price.
     
  12. Big Al 29

    Big Al 29 TS Member

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    1. Wall street speculation prices are driving the commodities up not supply and demand. Saudi Arabia says there is plenty of supply and NO company is even asking them to boost production.

    2. 40% of our oil is imported, most of which comes from Canada. 60% is comes from our own country.

    Oil imported per day in May 2008:

    Canada = 1.7 million barrels per day

    Saudi Arabia = 1.5 million

    Mexico = 1.2 million

    Nigeria = 1.1 million

    Venezuela = 850 Thousand

    Iraq = 773 thousand

    Algolia, Algeria, Ecuador, Brazil, Kuwait, Columbia, Russia, Chad, and the United Kingdom = 3.2 million combined

    1.5 million barrels per day come in from Saudi Arabia and 8.8 million barrels per day come in from the other countries around the world. So Saudia Arabia is right in balking at Bush.

    Bottom line is it ain't Saudi Arabia's fault, its the market speculators setting the price and the American Oil companies fleecing us because we think its the price of oil that is making gas 3.80 a gallon. Its BULLSHIT, when Exxon posts its biggest profits EVER that is telling me they increased their profit margin big time and we are the ones increasing it.

    3. Big Oil companies are screwing you and I NOT the Middle east countries. Exxon-Mobil's profit margin on a barrel of oil has quadrupled. They are using the price of oil to jack up their own prices more than to just differ but rather to fleece the people. If oil prices are affecting the American refining companies you would think their profit margin would be going down and that is why they are raising the price of gas.

    There is no supply problem, no demand problem, no nothing except the oil companies increacing prices at the pump and saying its to differ the price of crude but their profit margins are actually increasing 4 fold so it PROVES they are screwing us.

    It total bullshit price gouging by the American Oil companies then the gas stations. They hear a problem and immediately jack up the price of gas when their stations are full rather than to wait until the next re-filling to raise the prices of which they DO increase them so they in esscence double dip.

    Its free market economy manipulated by oil speculators and big oil companies.... but Monopolies and competition-obstructing-trusts need to be government regulated and these companies need to be accountable for the deliberate gouging.


    "NEW YORK (CNNMoney.com) -- Exxon Mobil made history on Friday by reporting the highest quarterly and annual profits ever for a U.S. company, boosted in large part by soaring crude prices.

    Exxon, the world's largest publicly traded oil company, said fourth-quarter net income rose 14% to $11.66 billion, or $2.13 per share. The company earned $10.25 billion, or $1.76 per share, in the year-ago period.

    The profit topped Exxon's previous quarterly record of $10.7 billion, set in the fourth quarter of 2005, which also was an all-time high for a U.S. corporation.

    "Exxon can put out some amazing numbers and this is one of those cases," said Jason Gammel, senior analyst at Macquarie Securities in New York.

    Exxon also set an annual profit record by earning $40.61 billion last year - or nearly $1,300 per second in 2007. That exceeded its previous record of $39.5 billion in 2006.

    In the fourth quarter, the company said revenue rose 29.5% from a year ago to $116.64 billion."

    It sucks cock and until we get the big oil compaines out of our government's pocket so they have no vested realtionship with them, nothing will happen other than them getting rich as quarterly profits increase by the billions.

    That is Exxon made 10.7 billion in the last 4 months from us. I am not even counting Amoco, Sunoco, Chevron, Hess, Conoco, Marathon, and the others and how they faired but I am guessing they are all in the black!
     
  13. BILL GRILL

    BILL GRILL Well-Known Member

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    Well first of all they tell us we have to use less to drive the price down. But they pass emissions standards that drive the mileage of big trucks down from 35 to 50 percent. And that is just the start of the problem. Anybody in the trucking industry could shed a lot of light on this subject.
     
  14. Doug Mc

    Doug Mc TS Member

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    It is not the Oil companies fault we are paying these prices -- it is the speculators and our own Elitist Big Government Liberal Congress who are sticking it to us -- Foreign countries are drilling off our own shores but the people who are suppose to be looking out for our own interest are blocking any drilling and the building of new refineries by our own Oil Companies -- the Oil companies are making between 7 and 10 % profit per year -- which is not out of line for business -- these companies are owned by the share holders just like any other company -- Washington is the PROBLEM -- they will lie to us with a straight face and blame everything but themselves -- they pass the laws and make the regulations -- if we don't have the supply (which is their fault) the price will just keep going up -- we have to drill at home and be able to refine the crude -- some of the most Liberal Green countries in the world are drilling off there own coast -- because they have brains enough to see what is going on -- the Arabs are just sitting back and licking their chops and laughing at the good old stupid USA -- Congress and only Congress is the primary fault
     
  15. Bisi

    Bisi TS Member

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    BucPride29, did you know that 2/3 of ExxonMobil's revenues come from outside the US? They are 1 company making money overseas and returning it to mostly US stockholders, after the government rakes in their hefty tax.

    Did you also know 85% of the worlds oil is controlled by government. Pemex is own by the Mexican government, Citgo by the Venezuelan government, Aramco by the Saudis. And if the price of oil goes up who gets ripped? Exxon which only produces 3% of the worlds oil.

    I figure above 5% of my income goes to gas/energy while roughly 50% goes to government. Now who is raping me? Big Oil or our beloved government?

    Why weren't you guys bitching about free market oil when oil was less than $10 a barrel and the town of Houston was about to go down the tubes in the 80's?

    If Big Oil could raise the price of crude anytime they wanted to, then why did gas stay at basically a $1 a gallon for 25 years?? There must of been some dumb bastards running the companies then. They could've gouged us anytime they wanted but they left the price at a $1 a gallon for 25 years????
     
  16. The Rock

    The Rock Active Member

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    Trappy

    What kind of government do we have here? A democracy?

    And is there such a thing as a Democratic party in the USofA?

    Come on trappy tell us what the government school has fed you.

    Rock

    Jim
     
  17. halfmile

    halfmile Well-Known Member

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    Screw 'em. If we want their oil we should just go take it.

    No? I did not see anyone addressing the real problem here. The dollar index, which was a dollar in 2003, sank to a low of 83 last year.

    It then recovered (!) to 72 (latest).

    Our country has been on a spending and credit binge for years. All the tricks they play just stave off the inevitable.

    Lowering the interest rates relaxes credit, which creates more money, chasing the same goods and services. The thinned out dollar then buys less.

    The mortgage balloon is still bursting, and the credit card meltdown is waiting in the wings.

    At the present time our savings rate is the lowest it has ever been. China's is about 50%.

    The credit card debt in this country is 3 Thousand dollars per living person.

    And for those that don't have any, it makes others higher.

    All your goods is hauled by truck thanks to the greed of the railroad barons a half century ago. Government bailouts didn't help them either.

    It would be wise for people with debt to liquidate assets and eliminate it.

    Rough ride coming, If not I will apologize gladly.

    HM
     
  18. JBrooks

    JBrooks TS Member

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    My rude what Earl?

    It is not "your", it is "you're" as in "you are". There you go Earl, now you are fractionally less illiterate than you were before but not appreciably sufficient to make a difference.

    Thank dmm and Bisi for your comments. They are both correct.
     
  19. dbcook

    dbcook TS Member

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    iraq ,s oil profits were nearly 70 billion last year,yet we are sending billions & billions over there to rebuild there sand trap. wasn,t but a year or so ago bush was telling us pour dumb ass voters the reason oil was so high was because of world demand & the refineries couldn.t produce enough finished product. now there isn,t enough oil. no mention of refineries any more. bullshit. wasn,t but about a year & a 1/2 ago bush was walking hand in hand with the crown prince of saudi arabia & kissing each other on national tv. wam -bam ,thank you ma,am oil has doubled since then. all politicians are low life scum sucking pieces of crap. democrat, republican, white ,black ,rainbow colored, male, female, morphandite don,t matter. they don,t give a rats ass about the reg voters till comes election time & the low life scumbags get out & lie like rugs to get votes then screw the voters til next election. oh yeah. hurricane season is fast approaching, if the u.s. has another major hurricane ,do you reckon old georgie boy will set in the white house whistling a tune while the oil co,s rape us all over again ,much like they did after hurricanes katrina & rita. last i heard over 50 thousand independent truckers have lost their trucks do to high fuel costs & low rates . & before everyone jumps all over me about adding a fuel surcharge,that helps but doesn,t begin to cover all the costs.. i for one would love to see all the truckers in america join the teamsters. put regulations back in the trucking industry{that reagan deregulated} & then watch the big shot companies cry the blues when they pay freight costs. no more big co,s saying "this is what we pay,take it or leave it. we can go down the road & get some cheapo that will be out of business next week to haul for peanuts this week. see how the free market capitolism works then. put a few bucks back in the working class,s pockets instead of all of it going into the big shots pockets. shareholders & c e o ,s getting a fair return instead of getting the biggest share. & last but not least tell all the oil producing countries the next time they want to buy weapons we need to sit down & discuss the prices of our weapons you want to buy ,vs. the price of your oil. shoot well. dwain
     
  20. mahrbeezer

    mahrbeezer TS Member

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    We should run the presidency like they run the stock market. Pay the president so much money that he has no interests in political favors. Make it so he is not aloud to own anything during his term. If he gets caught giving favors he looses every penny he has. Pay him enough that its not even a though to risk helping a friend. $300,000,000 a year would change any politicians bad habits. That would be a drop in the bucket versus how much we would save in politicians ripping us off. This country would be run in the best interest of the american people, not the huge companies. Would you risk that kind of money to make your buddy rich? Not a chance!! Think we would be paying $4.00 a gallon?
     
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