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Default 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.
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Default 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!


  #34   Report Post  
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jps jps is offline
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Default 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.
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Default 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.


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Default 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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