Gas Prices you knew this was commin!

[Independent George]

Originally Posted by Downthestretch55

Pillow,
I'm a very big cynic on this topic.
back in the '70's during the "oil embargo", all I had to do was drive along the Palisades Parkway along the Hudson to see loaded tankers, one after another, all full but not off loading at the NJ refineries, to prove to me that the market can and is manipulated. People were lined up at gas stations, coming in with cans for gas due to the "gas shortage".
Did the price go up then?

So, now we have elections coming in November. Do you think production is up for a reason? Sure prices are coming down..for now.
Do you think the Saudis got a call to have them do a favor? They'll go down just long enough for people to forget the high prices of the past year...watch what happens to the prices in Dec. and Jan.

Hmmmmm...no this may be the funniest.

[Downthestretch55]

Originally Posted by Independent George

Hmmmmm...no this may be the funniest.

Indep Geo,
You obviously know far more than I do about Saudi oil production. You probably have the capacity of exports from Jan - June, so I won't provide them.
There's no need to apologize for your insult.
If you found humor in what I've said, it balances the pathetic feeling I get from reading your "expertise".

http://www.marketwatch.com/news/stor...DE61A68081D%7D

[Independent George]

Originally Posted by Downthestretch55

Indep Geo,
You obviously know far more than I do about Saudi oil production. You probably have the capacity of exports from Jan - June, so I won't provide them.
There's no need to apologize for your insult.
If you found humor in what I've said, it balances the pathetic feeling I get from reading your "expertise".

http://www.marketwatch.com/news/stor...DE61A68081D%7D

Conspiracy theorists--------you gotta love 'em.

Who's the "them" that made this "call" to Saudi Arabia; and why would Saudi Arabia care about our Nov elections. How does the party in office have any effect on how much we buy or how much we will pay for their oil?

I wont apologize...........I think it's hilarious.

[Downthestretch55]

Originally Posted by Independent George

Conspiracy theorists--------you gotta love 'em.

Who's the "them" that made this "call" to Saudi Arabia; and why would Saudi Arabia care about our Nov elections. How does the party in office have any effect on how much we buy or how much we will pay for their oil?

I wont apologize...........I think it's hilarious.

You are uninformed if you know nothing of the Bush family's connections with the Saudi royal family.

[Independent George]

Originally Posted by Downthestretch55

You are uninformed if you know nothing of the Bush family's connections with the Saudi royal family.

Did you know that George Bush had the airforce redirect Hurricane Katrina by using the backdraft of hundreds of B-52's,so that it would hit New Orleans?

Did you know that George Bush personally dynamited the WTC after learning of the terrorist plot to crash planes into the buildings?

Did you know that Monica Lewinsky was a plant sent by George Bush? Do you know the Bush family's connections with the Lewinsky's?

Do you know that Osama Ben Laden, under the direction of Carl Rove, will surrender to US armed forces two days before the election? Check out the connections of the Bush family to the Ben Laden's.

And you call me uninformed !!!!

[Downthestretch55]

http://www.pej.org/html/modules.php?...rder=0&thold=0

Originally Posted by Downthestretch55

http://www.pej.org/html/modules.php?...rder=0&thold=0

DTS, I am really trying to follow your logic with regard to the Sudan..but, I am missing something. This huge field of which you speak, substantiated by seismic operations and one (1) well, is owned by who? My guess is that whoever conducted the seismic operations, and drilled the so called discovery well, is going to own the concession, and therefore, have the right to develop same (if there is a field). The capital expenditures to develop a field of this size will be huge, therefore, I am guessing that a State sponsored company (like China), or group of non state sponsored companies, will have the lion's share of the ownership. From the Article you posted, US companies are barred from participating in this concession...so, with regard to this new, although still questionable, discovery, a change in the US policy towards Sudan is going to do what? Sounds to me like the window of opportunity to get into that deal has closed.

Ez