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oil ooozing up and price coming down.
On 6/9/2010 3:51 PM, hk wrote:
In , says... "Jeddadiah wrote in message ... On 6/9/2010 12:19 AM, nom=de=plume wrote: snip What the market will bare includes demand, but that doesn't really say much about what underlying factors are involved. snip Suggestion: Get your head out of your butt. You'll think better. This "bares" witness to your stupidity. You're an idiot. That's pretty much sums it up. I like the name calling and insulting when caught in something! That's what I do all of the time! She is a fright to behold. I'll tell you. Is everything good with you? You don't seem to be your usual self. |
oil ooozing up and price coming down.
On 09/06/2010 1:24 PM, nom=de=plume wrote:
"Jeddadiah Smith" wrote in message ... On 6/9/2010 3:03 PM, nom=de=plume wrote: "Jeddadiah Smith" wrote in message ... On 6/9/2010 12:19 AM, nom=de=plume wrote: snip What the market will bare includes demand, but that doesn't really say much about what underlying factors are involved. snip Suggestion: Get your head out of your butt. You'll think better. This "bares" witness to your stupidity. You're an idiot. That's pretty much sums it up. In your pea sized brain, maybe. In any sized brain for sure. You ARE an idiot. He is right, your brain is the size of a pea. Because you sound like a parrot having a bad day. -- Liberalism - a disease of envy, greed, entitlement and KAOS. |
oil ooozing up and price coming down.
"Canuck57" wrote in message ... On 09/06/2010 1:24 PM, nom=de=plume wrote: "Jeddadiah Smith" wrote in message ... On 6/9/2010 3:03 PM, nom=de=plume wrote: "Jeddadiah Smith" wrote in message ... On 6/9/2010 12:19 AM, nom=de=plume wrote: snip What the market will bare includes demand, but that doesn't really say much about what underlying factors are involved. snip Suggestion: Get your head out of your butt. You'll think better. This "bares" witness to your stupidity. You're an idiot. That's pretty much sums it up. In your pea sized brain, maybe. In any sized brain for sure. You ARE an idiot. He is right, your brain is the size of a pea. Because you sound like a parrot having a bad day. -- Liberalism - a disease of envy, greed, entitlement and KAOS. Are you jealous that my brain (any brain) is bigger than yours? LOSER! |
oil ooozing up and price coming down.
On Mon, 7 Jun 2010 12:37:05 -0700 (PDT), Tim
wrote: Soemthign doesn't make sense to me. with all the 'bubblin' crude threatening the gulf of mexico, the price of oil sems to be dropping instead of ging higher. over what, 33million gallons of crude wasted in the water not counting multi billions in damages, you'd think that those millions of gallons of oil being lost out of the world market would cause a rise in price, but it seems the oposite. over the weekend there was an approx. $3.50 drop in crude. Same way as when the Alaskan pipeline was closed. I like the lower pricing for everyne involved especially when I take the boat[s] out, but something is really wierd about the supposed 'price and demand' theory. What gives? Oil is a world market. How many producing wells are there in the world? Why do you think that one well would affect anything other than BP's viability as a company, given the liability? If it's not harvested and refined by BP, it'll be done by another. Capacity is capacity. Evidently, there's more oil than there are dollars to pay for it. Otherwise the price wouldn't be going down. |
oil ooozing up and price coming down.
wrote in message ... On Thu, 10 Jun 2010 10:03:34 -0700, jps wrote: Oil is a world market. How many producing wells are there in the world? Why do you think that one well would affect anything other than BP's viability as a company, given the liability? If it's not harvested and refined by BP, it'll be done by another. Capacity is capacity. Evidently, there's more oil than there are dollars to pay for it. Otherwise the price wouldn't be going down. I guess the real question for BP will be if the TWO wells they are drilling right now on the site will produce enough oil to pay for the damage from the one that blew out. They were right about one thing. There is plenty of oil down there. Maybe the government should put a lien on those wells and garnish all the profits until the obligation is fulfilled, It will certainly take decades to pay this back, probably never. Sounds about right. It's not like they didn't know this was a possibility or that they never had a previous problem. |
oil ooozing up and price coming down.
On Jun 10, 2:41*pm, "nom=de=plume" wrote:
wrote in message ... On Thu, 10 Jun 2010 10:03:34 -0700, jps wrote: Oil is a world market. *How many producing wells are there in the world? *Why do you think that one well would affect anything other than BP's viability as a company, given the liability? If it's not harvested and refined by BP, it'll be done by another. Capacity is capacity. *Evidently, there's more oil than there are dollars to pay for it. *Otherwise the price wouldn't be going down. I guess the real question for BP will be if the TWO wells they are drilling right now on the site will produce enough oil to pay for the damage from the one that blew out. They were right about one thing. There is plenty of oil down there. Maybe the government should put a lien on those wells and garnish all the profits until the obligation is fulfilled, It will certainly take decades to pay this back, probably never. Sounds about right. It's not like they didn't know this was a possibility or that they never had a previous problem.- Hide quoted text - - Show quoted text - You cold be absolutely right, But then again. maybe they thought some catastrophy like this would never happen. like the guy that works with a wire wheel or a grinder and doesn't wear saftey glasses. someone warns them that they could get a piece of steel or wire in their eye. and they say. "I've been doing this for X number of times and "it hasn't happened yet" like that's a good excuse not to look at the possablity of disaster. Or they thought that the accident was always going to happen to someboody else. Beats me, but with warnings abounding, it's obvious they should have payed some attention. |
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