Naw,

It wouldn't have to do with those other countries with billions of people in them, eh? Those two called China and India, and Pakistan? Eh? Naw, it wouldnt be demand, would it? Naw, no such thing as supply and demand...But that doesn't sound as good as your liberal talking point...

"Those two called China and India, and Pakistan?"

Anyone else see it???

WOW those two devalued the Dollar as well!

Sneaky devils Both plotting against Bush . . .

No shit sherlock. I have been saying this for weeks now. The chief reason for High oil prices is the Iraq war and instability in the oil rich reigon. If some dumb hayseed could figure it out ANYONE can.

Larry Mohr

If some dumb hayseed could figure it out ANYONE can.


Who said you had it figured out, Larry?

Saw diesel today at 4.93


Someone please come along and tell us how that's not so bad compared to the price of Evian.

Someone please come along and tell us how that's not so bad compared to the price of Evian.

Or Eurogas

Point taken.


What were ExxonMobil's profits?


Are they a Euro company?


Do you consume anything that isn't transported by truck?

Yeah, yeah. I know. Their responsibility is to their stockholders. A lot of whom were in the mortgage market a few short months ago.

4 years ago there were 4 rigs being built worldwide. Today, there are 83 to try to keep up with demand. 4 years ago a semi-submersible moored rig commanded about $60k - $80k a day, depending on the contract. Today they command close to $500k/day. Dynamically positioned drill ships even much more. Safety costs much more than it did a few years ago. 2 hours of my 12 hour day is actually budgeted for nothing but safety related activities (work permits, inspections before a job, meetings before a job, etc) You guys do want me to be safe, don't you? *grin*

New rigs are coming on line so quickly that it is impossible to keep experienced people on them. Because of that, people are jumping from company to company. To prevent this, wages are always rising. It is crass for me to talk about, but we have been getting about about 2 raises a year for the last three years. They have been as low as 5% and as high as 13%. I just got another 8% raise in April.

Though I don't know much about the Exploration ships, I understand their fees have increased by a full order of magnitude in the last 5 years. Support boats (anchor laying boats, supply boats, etc.) command about 5x for that trip from the Mississippi Delta to a rig than they did 5 years ago.

We are drilling in progressively deeper and deeper water which is technologically more challenging. THings are much more likely to go wrong such as broken bits, lost tools, collapsing well, etc. To recover from some of these disasters can take weeks. That's a lot of time when an average drilling time with no problems is usually less than 90 days.

But I'll admit it is more fun to blame Bush than to consider all the facts.

You're gonna need that 8%

Goatman when gasoline was about a buck fifty before the Iraq war and the threat of war with Iran and now it's 3.70 here for 87 octane it's not that hard to figure out. It's NOT rocket science for pete sake.

Larry Mohr

Goatman when gasoline was about a buck fifty before the Iraq war and the threat of war with Iran and now it's 3.70 here for 87 octane it's not that hard to figure out. It's NOT rocket science for pete sake.

The Iraq war started over 5 years ago. I presume you did not read my 10:49 post. I described a lot of the changes that have happened in the industry in the last 5 years. Go read it and get back to me.

It's NOT rocket science for pete sake.

No it's not, Larry. But be honest -- did you consider all the facts I described upthread? Or was your retort based on emotions?

Yeah I read Your dribble Goatman. Now that Oil is high because of the instability in the middle east they are drilling more to get rich. It's not too hard to figure out.

Larry Mohr

Goat was is an experienced tool pusher getting on a rig these days?

Yeah I read Your dribble Goatman.

Your flippant response indicates you think I am lying. Please tell me which part of that post is inaccurate, Larry.

Never mind, you are having too much fun hating the big bad oil companies to let a few facts wreck your fun, aren't you?

It's not too hard to figure out.

It seems for you it is. Now please tell me which part of my 10:49 post is inaccurate. I'll wait.

Whatever Jackass. Why do You even come here and pollute this place up?? RCADE already banned You from this place.

Larry Mohr

Goat was is an experienced tool pusher getting on a rig these days?

Not being on the drilling side, I'm not sure, but I wouldn't think that $110k is far off target.

Subsea is where the money is these days. The lowest subsea tech gets $120k/yr. Pisses me off because the ETs do all their maintenance for them except for the hydraulics.

Goatman think about it why would anyone get into Oil exploration at 20 bucks a barrel?? Tell Me what profit there is in that?? Since Oil is sky high they find it very advantagous to start more oil drilling. If the Price of oil goes up so too does oil exploration. It goes hand in hand.

Larry Mohr

Whatever Jackass. Why do You even come here and pollute this place up??

I ask for discrepancies in my 10:49 post and this is the best you can come up with? LOL, Larry.



RCADE already banned You from this place.

He did? When? He forget to tell me when he did it. I've been posting at my whim since I became active here.

So are you going to tell me where the errors are in my 10:49 post, Larry?

Goatman think about it why would anyone get into Oil exploration at 20 bucks a barrel?? Tell Me what profit there is in that?? Since Oil is sky high they find it very advantagous to start more oil drilling. If the Price of oil goes up so too does oil exploration. It goes hand in hand.

You've got the cart before the horse, Larry.

Easy oil does not exist anymore, Larry. The newest generation of drill ships can drill in 12 kft of water and another 35 kft below the seabed for a total vertical depth of 47 kft -- about 9 miles. The technology to do this ain't cheap, folks. It's a bit more complex than turning a piece of pipe in circles.

Demand has gone up drastically with India and China becoming big consumers.

So where are the errors in my 10:49 post, Larry? Why do these factors not affect the price of oil?

I knew I should have put a disclamer on My Jackass remark. It was NOT in regards to YOU Goatman. It is in regards to Messiah aka Jackass. Sorry for not doing it on that one post. Won't be forgotten again.

Larry Mohr

There is easy oil a plenty in Iraq Iran the Caspian Basin. It's getting the infrastructure and Oil companies to gain access to these easy oil reserves.

Larry Mohr

Larry I have never called you any names. Please stop with the insults. I had a question for Goat not you. Goat sounds like Roughnecks will soon be considered rich.

Gas prices have gone up mainly from speculators. Thats what Bill O'Reilly keeps on saying anyways.

There is easy oil a plenty in Iraq Iran the Caspian Basin. It's getting the infrastructure and Oil companies to gain access to these easy oil reserves.

You keep dodging my question, Larry: Why do the factors I described in my 10:49 post not affect the price of oil?

There is easy oil a plenty in Iraq Iran the Caspian Basin. It's getting the infrastructure and Oil companies to gain access to these easy oil reserves.

Oh. I see. I thought the lib's battle cry was that Bush waged the war just so the oil companies could get this so called easy access? Maybe that's not exactly correct then? I mean, 5 years is more than enough time to get in there, don't you think?

they do, goat...of course...so does bullying elsewhere with love on the planet:>)

The reason they don't affect the price is because they are not in control of OPEC. Aren't they the ones who set the price of Oil?? Aren't many of the OPEC nations in the Middle East??

Larry Mohr

Messiah aka Jackass how is calling You by Your former handle Jackass an insult?? We all know the score. Like I said why do You even come here when You have been banned from this place??

Larry Mohr

My 11:41 is NOT for You Goatman. I hope we are CLEAR on that.

Larry

GOATMAN

Had to jump in here and tell you this.
I was watching a replay of tonight's earlier CNN's "Special Investigations" documentary I wrote about on the Nooner -- "OUT OF GAS" --= and guess what? They showed the narrator flying out by helicopter to the "Deepwater Millenium" rig.

The camera showed all around the rig (including even the moonpool) and a guy named Joe Quin (sp?) was the supervisor on the rig who took him around. It said this rig was working off the coast of Louisiana and was working for Anadarko and also showed Anadarko's boss John Stevenson. (I wrote it all down as they were showing it so I could write and tell you about it.) It was cool 'cause they showed a room that had the walls lit up and showing 3-dimensional layers of sand, etc. under the ocean. The Deepwater Millenium supervisor said they considered a "big field" (or "big find" - can't remember which) about 100 million barrels of oil.

Then the documentary left the GOM and showed oil mining on land in Canada. I never knew Canada had the biggest supply of oil after Saudi Arabia! (No wonder Bush wants to merge with Canada and Mexico -- to take their oil.)

Anyway, it was so cool to see it on tv since I knew it was the company you worked for even though not your rig. Too bad you don't watch tv. You can catch it on again on CNN tonight about 10 p.m. Texas time I guess. Maybe one of your friends in Texas would tape it for you. OR maybe you could come join the real world and watch tv for once! (grin)

Okay, that's all I had to say on this subject.

BTW The US has been getting oil from Iraq at a tune of 773 THOUSAND barrels a day as of March 2008. The US would be getting a lot more if those PSA's and the infrastructure was built better.

Larry Mohr

The reason they don't affect the price is because they are not in control of OPEC

This is in direct contradiction with your statement upthread:

Goatman think about it why would anyone get into Oil exploration at 20 bucks a barrel??

If drilling costs do not affect the price of oil as you claim, then drilling at any cost per bbl would be profitable.

If you think that drilling and exploration costs can increase 10 fold and not be reflected at the pump, you are on drugs, Larry.

But as I said earlier -- it is so much more fun to blame Bush and big oil than to face the facts or curb your own consumption, isn't it?

You don't get it Goatman. If Oil was only 20 bucks a barrel there would be no insentive to explore for any more oil than if the price of oil was 200 a barrel. What is the point in drilling for more oil if the price per barrel is relatively low?? It does not contradict My statement one iota. Oh and I am not on drugs sorry.

Larry Mohr

we are using more oil, Larry...every country (i'm fairly sure) is

You don't get it Goatman.

Actually, I do get it Larry. I work in the industry. But I suppose a Kansas boy who probably never even knew what day rate is -- much less how many dollars -- until today knows much more than I do.

Thanks for that link, messiah. I've bookmarked it.

I don't watch TV at home, but I do on the rig sometimes when my books run out.

If Oil was only 20 bucks a barrel there would be no insentive to explore for any more oil than if the price of oil was 200 a barrel.

Yep, Larry, economics 101 -- supply and demand. I think I can grasp that concept. Demand has pushed up the price for limited resources. This has spurred drilling and exploration. It cannot keep up with demand -- hence the rise in day rates and newbuilds in the last 5 years.

The oil companies are on a 1 1/2 year waiting list for rigs. Because of this, they are willing to sign longer contracts with the drilling companies. The drilling companies know this and can pretty much name their price.

Nothing new here.

Actually, I do get it Larry. I work in the industry. But I suppose a Kansas boy who probably never even knew what day rate is -- much less how many dollars -- until today knows much more than I do.

Posted by goatman at 2008-05-19 12:01 AM | Reply

NOW He claims to work in the industry. First He claims to not be an Oil Man now He claims that He is. Quite typical if You ask Me. Oh and how about rebutting what I said instead of being a horses ass?? Yes that IS for YOU this time Goatman.

Larry Mohr

You can't claim that Supply and Demand has risen 6 fold since 2003(The beginning of the Iraq War) Not and be intellectually Honest You can't.

Larry Mohr

NOW He claims to work in the industry. First He claims to not be an Oil Man

???

I've always claimed I worked in the oil industry, Larry. I've never denied that. I deny being an oilman. I am an ET.

He claims that He is.

Where did I make that claim, Larry? Please don't start pulling a buffalo bob and put words in my mouth. I don't think I can handle more than one of y'all on this blog.

this might be the best thing for America. Make us finally get away from the black gold. We need to harness solar power more.

You can't claim that Supply and Demand has risen 6 fold since 2003(The beginning of the Iraq War) Not and be intellectually Honest You can't.

Are you familiar with the futures market, Larry? I get the feeling you are not.

this might be the best thing for America. Make us finally get away from the black gold.

I couldn't agree more. In fact, I've said this very thing several times on different threads on this blog.

(that would be a stupid thing for an oilman to say, don't you think, Larry?)

I don't doubt that there are a number of factors contributing to high oil prices. The war being one of them. Inflation and demand being a few others.

That being said, Goats right about the oil industry paying through the teeth for barely qualified folks right now. My dad got back into the oil industry at age 59, after about 30 years of being away. The money is just to good to pass up, he is collecting massive OT and going out again and again because they need the manpower and are willing to pay for it.

As for as South Louisiana is concerned, there is no recession, in fact theres been somewhat of an economic boom....

The only real solution is a dramatic shift in American consumption and views on energy in general. Ending the war may cause a short term drop in prices due to market speculation, but dollar a gallon gas is dead and buried.

Id be happy if gas goes to 2.00 a gallon again.

I've always claimed I worked in the oil industry, Larry. I've never denied that. I deny being an oilman. I am an ET.

He claims that He is.

Where did I make that claim, Larry? Please don't start pulling a buffalo bob and put words in my mouth. I don't think I can handle more than one of y'all on this blog.

Posted by goatman at 2008-05-19 12:11 AM | Reply | Flag: Flag: (Choose)
FunnyNewsworthyOffensiveAbusiv
e

Yes an ET that works in the oil industry. If an ET worked in say Boeing He would be an airplane man. It's the same thing if say I went to work in maintenance of a bread factory I would be a breadman because that is where My paycheck comes from the manufgacturing of bread. Easy to grasp if You REALLY want to.

Larry Mohr

that would be a stupid thing for an oilman to say, don't you think, Larry?)

Posted by goatman at 2008-05-19 12:14 AM | Reply

Depends on how You look at it. If You believe Your paycheck is more important than AMerica then Yes it WOULD be stupid. If You cared more about the welfare of America then no.

Larry Mohr

Water, Water Everywhere

If an ET worked in say Boeing He would be an airplane man.

*sigh*

Whatever you say Larry. I know what I am. That is all that matters. You may call me whatever you want.

But let me ask you this -- would an oilman agree that we need to get away from oil and rely more on solar energy? Would an airplane man espouse using the train?

If solar power become the main source of Power in America goat would probably switch over to doing electronics work in the solar industry so It's not like he is a petroleum engineer Larry.

If solar power become the main source of Power in America goat would probably switch over to doing electronics work in the solar industry so It's not like he is a petroleum engineer Larry.

Exactly. That was the not-so-subtle point I was trying to make to Larry, but it went over his head.

As for as South Louisiana is concerned, there is no recession, in fact theres been somewhat of an economic boom....

Hmm, I'm looking at different states to consider moving within a year. I heard cost of living is low in Louisiana and so are property taxes. I imagine homes are not too high priced either. If you bought a home above sea level your property would be safe in case of any future hurricanes. Plus, if there's an economic boom, there's probably a lot of different employment opportunities in a Louisiana boomtown atmosphere. Maybe even a part time job available at some local "House of the Rising Sun."

Jackass/Messiah

You still working on medical and pharmaceutical research? If I remember right I thought you were studying that in school or in graduate school. Some sort of research and development work. Anyway, glad you're back here on DR. Missed you and the rest of the guys.

Chris,

I have no idea what you do for a living, but if you have a college degree in anything, and can do basic math, companies like halliburton are giving away the kitchen sink to hire.

As far as cost of living, It's cheaper then St. Louis, thats about the only reference point I have :)

OF course, no matter what people can say about Louisiana (the culture, the politics, the weather), you can't beat the food.

On that oil documentary on CNN they said that sugar cane ethanol (I think they said ethanol) was much better than corn ethanol and Brazil was the smartest one of all to initiate using sugar cane ethanol for all their fuel transportation needs. Any truth to that? Maybe it would be smart to invest in sugar if that's true. Why hasn't any other country looked into doing that if it worked so well for Brazil?

OF course, no matter what people can say about Louisiana (the culture, the politics, the weather), you can't beat the food.

100%!

Well, except at the Raddison at the N.O. airport in Kenner. *grin* That is where I stay the night before crew change every month. Consistently bad food.

because theres really only 2 places in the US that can go sugarcane.

Louisiana and Florida.

We can't produce enough to make it viable.

At least thats the impression I've gotten from various articles.

There are a couple of other interetsign energy technologies I've read. One being algae farms. The conversion is only slightly better then corn, but the growth rate is phenomenal. The other is oil shale, Goat may more info on that, as our resident oil man*grin*

I don't know any more about oil shale than anyone else here, probably.

I can talk your ear off about deep water drilling though!

doesn't hawaii grow sugarcane??
Larry

Well, except at the Raddison at the N.O. airport in Kenner. *grin* That is where I stay the night before crew change every month. Consistently bad food.

Posted by goatman


I'm not sure if you ever get a chance to get into South Louisiana, but theres a place called "Prejeans" in Lafayette. It's pretty touristy, but the food is spectacular. You really can't go wrong with pretty much anything on the menu.

I'm not sure if you ever get a chance to get into South Louisiana, but theres a place called "Prejeans" in Lafayette.

I'm pretty sure I ate there a couple of years ago when I went to my water survival course. Is it north of I-10 on US 90?

If that's the place, you are right -- it is excellent!

GUSTOGUS

I have no idea what you do for a living, but if you have a college degree in anything, and can do basic math, companies like halliburton are giving away the kitchen sink to hire.


I have a Associate Arts (2-year) degree in Social Science (which included completing all the solid basic courses needed to graduate - English, math, etc.) and an ABA-approved degree from Cal State Los Angeles as a paralegal (business litigation) and 13 years experience in that field. I type really fast and am a wiz at doing all kinds of research. If you're talking about physically working on an oil rig or in construction and stuff that leaves me out but I can do any administrative work and I think fast on my feet and don't need supervision every minute. Guess it depends on the particular job and requirements.

You don't have to be "physical" to work on an oil rig. There are administrative jobs on them as well. NOt everything is roughneck or roustabout work.

Larry

doesn't hawaii grow sugarcane?

Lots of it. C&H has a large factory there I believe. I lived on Oahu for a year and when you would drive past huge sugar cane fields. The pineapple was abundent then too. That was a long time ago though. Don't know how it is now as far as who owns the sugar cane or produces it.

No one has answered my question about sugar can ethanol like they use in Brazil. Is that a viable alternative to oil? If so, why isn't it being looked into?

I think gustogus answered. He said it doesn't grow in very many places in the US.

Goat,

Yep, thats the place, its about 5 miles from where I grew up :)

Chris,

Honestly I don't know exactly what they are looking for, but its not all roughneck work, Alot of it is stuff like mudlogging, where basically you take alot of measurements and do alot of spreadsheet work.

I do computer work for the lotto, so all my knowledge is second hand "friends and family" stuff.

GUS

Sorry, I missed your response above re my question on sugar cane ethanol when I typed my 12:57 a.m. post. Just saw your 12:44 a.m. post now. Thanks for the answer.

GG: I was put up in the Holiday Inn in Lafayette when we got evacuated for Rita. As you know, Lafayette got a piece of her. I was on the leeward side of the hotel. I kept the door open and watched mother nature do what she does best. It was quite exciting.

The hotel was full of evacuated offshore folks and Katrina refugees. We had quite a party for several days.

Larry Mohr, like I was saying, "Lenny" your mom is a whore and your dad is a sheep.

China and India are driving the price through demand.

Are we at war with China and India?

Shut your mouth Larry, you shame your already shamed Parents.

Kuma

Hey Kuma why don't You take a walk off a short pier. It would do us all a world of good. THANKS.

Larry Mohr

You don't have to be "physical" to work on an oil rig. There are administrative jobs on them as well. Not everything is roughneck or roustabout work.

Maybe I'll fill out a job application. The idea of working my butt off really hard (and be able to get lots of overtime in) for five or so years and be able to make some good money right now while that industry is really taking off financially (plus needed money for retirement) really sounds enticing. And those employee stock options would be a definite plus at the rate the oil exploration industry is going right now.

I wouldn't even mind working two weeks straight with no time off since you'd get two full weeks off once you got home to do whatever you wanted. I had enough years working M-F and trying to squeeze everything in on a weekend and then back to work again for another 5 days. Same old grind. I could take any kind of work for a two-week stretch knowing at the end of it I would get two full weeks off.

Hmm, never even thought about it before but it's something to consider.

I will throw a party when you die too Lenny. You piece of shit. Maybe your family will get lucky and get hit by a drunk driver illegal alien you love so much, that would suck.

better yet, maybe you will get hepatitis C or tuberculosis from one of your illegal pals.

In case I didn't say it before, FUCK YOU LENNY.

Kuma

Larry, thanks for the sc link.

Dumb question -- if sugar was ever going to be worth anything because of sugar cane ethanol would one invest in "commodities" or in "futures" to make a profit off of sugar ? (I'm definitely not a wiz on stocks and market investments as you all can see by that question.)

Sorry Kuma You just don't appeal to Me. Nothing personal but You stink.

Larry Mohr

I wouldn't even mind working two weeks straight

I was a necktie wearing, 9:00-5:00 Mon thru Fri cubicle commando for over 15 years. I could not go back. I love my job, even though it is kind of physically tiring for a 52 YO man. But luckily we are all encouraged to work slowly and safely.

As an ET, I have stuff at the very top of the derrick (wind sensors e.g.) and at the very bottom of the pontoons (ballast and bilge equipment) but I love being able to move around and not having to sit in a cube anymore. I wouldn't trade my job for any other, and it's not just the money -- it's the freedom and variety of work I like the most.

KUMA

China and India are driving the price through demand.

Are we at war with China and India?

Funny you should mention those two countries 'cause that CNN special tonight on oil said the same thing about China and India. The population of those two countries used to be running around in man-powered rickshaws and/or riding cows in the street. Now Bush's free trade policies have put 3 billion Chinese and Indians into their own oil guzzing automobiles.

My question is: WHY is the U.S. helping (thru free trade and globalism) to create two oil Frankensteins (China and India) when there is a limited amount of oil and we here in the U.S. need it?

Do you really think in a few years if we keep going like we are and it finally comes down to there being very limited oil reserves (and no alternative energy methods yet available on the market) that we won't be going to war over oil?

The ONLY thing I agreed with about us going to war in Iraq -- although no politician would ever mention it outloud -- is that part of the reason we went into Iraq is to get our hands on Iraq's available oil reserves before China could. In that instance only, I agreed with us going in for Iraq's oil. Better us than the Chinese.

The ONLY thing I agreed with about us going to war in Iraq -- although no politician would ever mention it outloud -- is that part of the reason we went into Iraq is to get our hands on Iraq's available oil reserves before China could. In that instance only, I agreed with us going in for Iraq's oil. Better us than the Chinese.


Posted by CalifChris at 2008-05-19 01:30 AM | Reply


So You support the Iraq War then?? Surprising.

Larry Mohr

The ONLY thing I agreed with about us going to war in Iraq -- although no politician would ever mention it outloud -- is that part of the reason we went into Iraq is to get our hands on Iraq's available oil reserves before China could. In that instance only, I agreed with us going in for Iraq's oil. Better us than the Chinese.


Posted by CalifChris


McCain has said the same....w/o mentioning China, though. lol

Well, Goat, the way I figure it I can put in a job application (been awhile since I did one of those!) and the absolute worst thing that could come from it is I would be told "Thanks, but no thanks." One never knows unless you try.

As for your remark about being stuck in a cubicle --

I do put alot of belief into traits/characteristics of astrology signs. My sign -- Sagittarius -- has a nature that likes freedom and being able to move around. (Not as much now though as when I was younger though!). I'm what they call a "triple Sagittarius" -- sun, moon, and rising sign all in Sagittarius. Of course no astrology sign can define an individual specifically but the article in the following link is fairly accurate as to the traits of that sign:

Larry

So You support the Iraq War then?? Surprising.

Larry Mohr

You KNOW I don't and never did. But if ANYTHING beneficial does come out of the disaster Bush has made of our going into Iraq and it just happens to be that the U.S. gets Iraq's oil (and pays them a fair price for it) rather than Iraq's oil going to China then so be it. It's too late now to back out so we may as well make the best of it.

It's too late now to back out so we may as well make the best of it.

Well put

You KNOW I don't and never did. But if ANYTHING beneficial does come out of the disaster Bush has made of our going into Iraq and it just happens to be that the U.S. gets Iraq's oil (and pays them a fair price for it) rather than Iraq's oil going to China then so be it. It's too late now to back out so we may as well make the best of it.

Posted by CalifChris at 2008-05-19 01:59 AM | Reply

This is the very reason why I want all Petrolium Products labeled with the Country of Origin where the crude that made the product came from. I do NOT I repeat I do NOT I repeat again I do NOT want to use consume or handle anything to do with the Iraqs Oil. I would rather blow My brains out than to use Oil and Oil products from Iraq. I will NOT have the blood of the lost in this Illegal War upon My hands in ANY way shape or form. Capisce??

Larry Mohr

what about condoms?

Capisce??

What does this word mean, Larry? I see you use it a lot in your retorts. I googled it and several defintions come up which only loosely fit the context I imagine you are using it in. So I'm sure you can explain it better.

Capisce simply means understand/Understood. Or Got It.

Larry Mohr

Larry, you do understand that if everyone stopped using Iraqi oil that we would have to use, say, Kuwaiti oil for example. The people who were using the Kuwaiti would then use the glut of Iraqi oil to fill their needs. IOW, it still gets bought. The oil market is so tight that to if one source has a surplus or deficeit, the it is simply moved to another. It is a giant shell game. with a zero net sum.

Larry, you do understand that if everyone stopped using Iraqi oil that we would have to use, say, Kuwaiti oil for example. The people who were using the Kuwaiti would then use the glut of Iraqi oil to fill their needs. IOW, it still gets bought. The oil market is so tight that to if one source has a surplus or deficeit, the it is simply moved to another. It is a giant shell game. with a zero net sum.

Posted by goatman at 2008-05-19 02:17 AM | Reply


I capisce and I still do not want to use consume nor handle any product made from the spOILS of the Iraq War. I will NOT have ANY of the lost blood upon My hands. You capisce don't You??

Larry Mohr

capisce

What does this word mean, Larry?

Capisce simply means understand/Understood. Or Got It.

Larry Mohr

Posted by LarryMohr at 2008-05-19 02:16 AM | Reply | Flag: Flag: (Choose)
FunnyNewsworthyOffensiveAbusiv
e

Thanks

You dolts on both sides are incredibly short sighted. I guess I am the only genius here. LOL (not).

Mexico will exhaust their oil soon, in most of our lifetimes. Thats 50% of their government income.

When they income goes away, Mexico is going to war with us, through the process called "illegal immigration" 100 Million + people are coming here.

The middle east argument about war and all that is ridiculous. The largest problem the USA has right now, and in the future is with Mexico and its all because of oil, or lack of it.

12-19 Americans die every day from illegals now. When Mexico runs out of oil soon, its probably going to be 100-200 a day because its going to be an invasion.

No more money there, they all coming here, and the democrats are going to accept them and put them on welfare, like they have been doing for decades.

You people better wake the fuck up.

Its all about Nuclear power, and electric cars. Thats the reality of it.

Well, its about Nuclear power, Electric cars and lots of fucking GUNS if your near the border.

Kuma

BTW, Chris....

If you do end up moving to Louisiana, I wouldn't go announcing that whole "bubble bath" thing to the guys on the rig :)

BTW, Chris....

If you do end up moving to Louisiana, I wouldn't go announcing that whole "bubble bath" thing to the guys on the rig :)

Don't worry, Gus. It'll be our secret. (grin)
Besides, I don't think they have bathtubs on a deepwater oil rig, do they?

I believe it is spelled 'capice'

Where the hell is Drake University???
Is that the basement of the Drake Hotel where all the illegal immigrants play dominoes

Timbci, you're a spoofer, aren't ya. Top ten ranked school for value in the Nation. Top 5 of all schools in the Midwest in Master's programs.

I hope you're a spoofer.

Yav.
YOu got to be kidding me . Drake will never be mistaken for Kellogg. Off the top of my head I would rather go to Bloomington, ND, Michigan, Kellog, U of Chicago. Sorry no Drake. What the hell does top ranked school for value mean anyway. It sounds like a consolation prize so they don't feel bad.

I would rather eat a chocolate covered Drakes cake than go to Drake

I would rather go to Bloomington, ND, Michigan, Kellog, U of Chicago.

If "ifs" and "buts" where candies and nuts. . .

I read somewhere, I think it was on Alternet, that the support of each US soldier in Iraq, there are 160,000 there I think, requires 16 gallons of gas on a daily basis. That works out to 2,560,000 gallons a day.
Suppose this is only half true and the requirement is reduced to 1,280,000 gallons daily. Could this requirement be a major factor for escalating gas prices? I do not know if Air Force requirements were included in the 16 gallons or not. If not, WOW, how much more?
What about POL requirements in Afghanistan?
A demand for gas that large must impact prices as demand explodes!!!

Goatman,

Yes, costs and technical challenges for oil extraction will increase over time.

But that hardly explains the current spikes. The War in Iraq and continuous threatening of Iran explains these spikes perfectly.

Do we really need speculators taxing everyone on the planet for oil? Should we really be giving away all the oil in the Carribean royalty free?

I know nobody wants to admit it, but since the Dems took over congress gas has increased 50%.

As long as we are blaming gas prices on Afghanistan lets get the facts straight. After the Soviet Union was driven out of Afghanistan, and during the Clinton administration, Murtha refused to provide money for rebuilding Afghanistan from his committee. What happened was the terriost moved in and now we have a problem. This is why Murtha supports more troops for Afganistan. Didn't know that, did you Libs.

It wouldn't have to do with those other countries with billions of people in them, eh? Those two called China and India, and Pakistan? Eh? Naw, it wouldnt be demand, would it? Naw, no such thing as supply and demand...But that doesn't sound as good as your liberal talking point...

Posted by boaz

Na, demand has nothing to do with the price of anything. It's evil oil companies. Forget the fact that oil is controled by middle east counries and they are the ones getting over $100 per bbl. It's them damn oil companies. that refine and distribute it. Lets tax them bastards out of business and freeze in the dark. That will show them who's boss.

........the more money we borrow as a nation, the more money we owe.......

........therefore the value of the dollar decreases.......

........even if the cost of oil remained constant in other currencies.....it would rise in dollars....

.......because we are fighting this war on borrowed dollars, we are increasing the cost of gas in US dollars.........

....ergo......the war is causing oil prices to rise........

I know I'm talking to the brain dead. But for what it's worth. Gas is going up because the dollar is going down. The dollar is going down because the world economy has more dollars than they are comfortable with. The world is flooded with dollars because foreigners have been subsidizing our extravagance.

Inflation is made in Washington. No one else has the authority to flood the world with dollars. We're drowning in liquidity. Foreigners are losing confidence in the dollar and they are starting to unload. I wouldn't rule out triple digit inflation in the not too distant future.

You got the government you wanted. Now you have to pay for it.

The price of oil will fall like a rock when the Federal government begins backing on equal footing with the oil & gas industries, geothermal, solar, tidal, electro-saline batteries, fuel cell technology and wind power industries. When that happy day begins, the nascent Saudi and Iranian empires will begin their decline. Until that happy day happens, those powers will continue to climb, and at great peril to the oil-dependent, non-muslim societies of the world.

This guy has it exactly right.

I was paying about $1.19 per gallon before W's huge blunder

So when Obama gets in office they are going to fix it?

American Unity, you can't be this stupid.

NANCY PELOSI said, when she took over the house, that SHE WAS GOING TO FIX IT with all the democrats in power.

What has she done? Absolutely nothing.

And Obama will do absolutely nothing.

And as soon as Obama takes office, all of a sudden, your mind will become washed, and you will never mention the high price of gas again.

So SHUT THE FUCK UP WITH ALL YOUR GWB BULLSHIT.

Its totally transparent, and your a fucking hypocrite.

Kuma

** People ** Dear People **
*** HEAR THE TRUTH !! ***

ALL the money in oil.... is REALLY being made by those who suck this black gold out of the ground. It costs those companies which operate in Saudi Arabia about $5 to get a barrel of oil out of the ground and get it to the transport oil super-ship.

The current market value is $127 a Barrel - so can you all do the math?????? Who's making the profit is right there before you.

And depending on where it's drilled, production costs vary, but invariably the profit margin is like winning the lottery.

That's why America needs to drill in US territory, and in places like just Colorado where there lays over 1 Trillion barrels of oil... on US Government land, held at bay by the Environmental Movement..

who is causing the real US energy problem.