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oil ooozing up and price coming down.
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 ooozing up and price coming down.
"Tim" wrote in message ... 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? It's a speculative market. The price isn't simply about supply vs. demand. |
oil ooozing up and price coming down.
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oil ooozing up and price coming down.
wrote in message ... 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? It is just signalling a slowdown in the economy. The folks in that area north of Atlanta where we were, were complaining that the season was starting out slow for them and I know things were slower than normal at Busch Gardens the week after school let out. I suspect dad is either not working, working for less money or can't afford to take time off. I was really surprised at the lack of boat traffic in the Clearwater Pass Inlet Saturday. Usually that is very busy. I am planning a trip to Northern Vancouver Island this summer. The guides are crying the blues. their long time customers seem to be booking, but no fresh faces. Happy to see a person from out of the area helping their economy. |
oil ooozing up and price coming down.
"Califbill" wrote in message m... wrote in message ... 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? It is just signalling a slowdown in the economy. The folks in that area north of Atlanta where we were, were complaining that the season was starting out slow for them and I know things were slower than normal at Busch Gardens the week after school let out. I suspect dad is either not working, working for less money or can't afford to take time off. I was really surprised at the lack of boat traffic in the Clearwater Pass Inlet Saturday. Usually that is very busy. I am planning a trip to Northern Vancouver Island this summer. The guides are crying the blues. their long time customers seem to be booking, but no fresh faces. Happy to see a person from out of the area helping their economy. Yeah....well they haven't met you yet! |
oil ooozing up and price coming down.
On 07/06/2010 1:37 PM, 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? Economony is double dipping on the down size. The price of oil is a good indicator of how well the economy is doing, $80 barrel is a super mild basis sustaining economy. That we are going back into the depression deeper than before. People don't buy stuff, less trucks and travel develops some slack in the supply chain dropping prices. I have been using it as an indicator for years and it is 100% more accurate than big mouth politicians that could not tell the truth if their life depended on it. -- Liberalism - a disease of envy, greed, entitlement and KAOS. |
oil ooozing up and price coming down.
On 07/06/2010 3:05 PM, nom=de=plume wrote:
"Tim" wrote in message ... 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? It's a speculative market. The price isn't simply about supply vs. demand. Only to you because you don't understand it. But that you think you do, well, your arrogance shines. Have another donut. -- Liberalism - a disease of envy, greed, entitlement and KAOS. |
oil ooozing up and price coming down.
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oil ooozing up and price coming down.
On 08/06/2010 12:04 AM, Califbill wrote:
wrote in message ... 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? It is just signalling a slowdown in the economy. The folks in that area north of Atlanta where we were, were complaining that the season was starting out slow for them and I know things were slower than normal at Busch Gardens the week after school let out. I suspect dad is either not working, working for less money or can't afford to take time off. I was really surprised at the lack of boat traffic in the Clearwater Pass Inlet Saturday. Usually that is very busy. I am planning a trip to Northern Vancouver Island this summer. The guides are crying the blues. their long time customers seem to be booking, but no fresh faces. Happy to see a person from out of the area helping their economy. Be careful and attend your car on the ferry, park in highly visible areas. A new rage on the island is to key up a out of province plat or minority. In my case, out of province plates. $150 to polish out. Real PITA. But when I was there, tourist traffic was a mere small fraction of what it normally is. Some places are jacking prices on stiff like gas, not enough volume I suspect. We did Parkdale, Comox, Courtney, Qualicom, Alberni area. Didn't come close to Victoria. -- Liberalism - a disease of envy, greed, entitlement and KAOS. |
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? There is a big inventory of oil in storage that was bought in the futures market in the hope that prices would rise. Prices have been stable to down however because of soft demand/economic turmoil. Now the inventory has to be worked off to avoid long term storage costs. |
oil ooozing up and price coming down.
On Jun 8, 8:30*am, Wayne.B wrote:
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? There is a big inventory of oil in storage that was bought in the futures market in the hope that prices would rise. *Prices have been stable to down however because of soft demand/economic turmoil. *Now the inventory has to be worked off to avoid long term storage costs. Hey Wayne. When you make it back to Florida is you're boat going to get a fresh undercoating? We don't want that baby to rust in all that salt water, y'know... ?;^ Q |
oil ooozing up and price coming down.
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oil ooozing up and price coming down.
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oil ooozing up and price coming down.
On Tue, 8 Jun 2010 07:10:20 -0700 (PDT), Tim
wrote: Hey Wayne. When you make it back to Florida is you're boat going to get a fresh undercoating? We don't want that baby to rust in all that salt water, y'know... Heh, no worries there, very few rust issues with fiberglass and we're only one year into a multi-year (hopefully) bottom job. I was under the boat recently to replace a shaft zinc and the anti-fouling paint seems to be doing well. |
oil ooozing up and price coming down.
"Canuck57" wrote in message ... On 07/06/2010 3:05 PM, nom=de=plume wrote: "Tim" wrote in message ... 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? It's a speculative market. The price isn't simply about supply vs. demand. Only to you because you don't understand it. But that you think you do, well, your arrogance shines. Have another donut. -- Liberalism - a disease of envy, greed, entitlement and KAOS. You're claiming oil prices are purely supply and demand??? Do you really believe this? Never heard of OPEC I guess. |
oil ooozing up and price coming down.
"Canuck57" wrote in message ... On 07/06/2010 1:37 PM, 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? Economony is double dipping on the down size. The price of oil is a good indicator of how well the economy is doing, $80 barrel is a super mild basis sustaining economy. That we are going back into the depression deeper than before. People don't buy stuff, less trucks and travel develops some slack in the supply chain dropping prices. I have been using it as an indicator for years and it is 100% more accurate than big mouth politicians that could not tell the truth if their life depended on it. -- Liberalism - a disease of envy, greed, entitlement and KAOS. You are just stupid. |
oil ooozing up and price coming down.
"Wayne.B" wrote in message ... 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? There is a big inventory of oil in storage that was bought in the futures market in the hope that prices would rise. Prices have been stable to down however because of soft demand/economic turmoil. Now the inventory has to be worked off to avoid long term storage costs. Wayne... Canuck doesn't understand "futures market," so perhaps you should tell him again. |
oil ooozing up and price coming down.
On 6/8/2010 1:29 PM, nom=de=plume wrote:
"Canuck57" wrote in message ... On 07/06/2010 1:37 PM, 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? Economony is double dipping on the down size. The price of oil is a good indicator of how well the economy is doing, $80 barrel is a super mild basis sustaining economy. That we are going back into the depression deeper than before. People don't buy stuff, less trucks and travel develops some slack in the supply chain dropping prices. I have been using it as an indicator for years and it is 100% more accurate than big mouth politicians that could not tell the truth if their life depended on it. -- Liberalism - a disease of envy, greed, entitlement and KAOS. You are just stupid. You are full of surprises. Never in a million years could I imagine you coming out with such a brilliant statement. Well done. Cheers. Kudos. SNERK If assholes were gold, you'd be rich. Ta Ta |
oil ooozing up and price coming down.
"Jeddadiah Smith" wrote in message ... On 6/8/2010 1:29 PM, nom=de=plume wrote: "Canuck57" wrote in message ... On 07/06/2010 1:37 PM, 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? Economony is double dipping on the down size. The price of oil is a good indicator of how well the economy is doing, $80 barrel is a super mild basis sustaining economy. That we are going back into the depression deeper than before. People don't buy stuff, less trucks and travel develops some slack in the supply chain dropping prices. I have been using it as an indicator for years and it is 100% more accurate than big mouth politicians that could not tell the truth if their life depended on it. -- Liberalism - a disease of envy, greed, entitlement and KAOS. You are just stupid. You are full of surprises. Never in a million years could I imagine you coming out with such a brilliant statement. Well done. Cheers. Kudos. SNERK If assholes were gold, you'd be rich. Ta Ta "Ta Ta" doubtful. You can't help yourself. |
oil ooozing up and price coming down.
YukonBound wrote:
"Califbill" wrote in message m... wrote in message ... 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? It is just signalling a slowdown in the economy. The folks in that area north of Atlanta where we were, were complaining that the season was starting out slow for them and I know things were slower than normal at Busch Gardens the week after school let out. I suspect dad is either not working, working for less money or can't afford to take time off. I was really surprised at the lack of boat traffic in the Clearwater Pass Inlet Saturday. Usually that is very busy. I am planning a trip to Northern Vancouver Island this summer. The guides are crying the blues. their long time customers seem to be booking, but no fresh faces. Happy to see a person from out of the area helping their economy. Yeah....well they haven't met you yet! Improving the news group, eh? |
oil ooozing up and price coming down.
On 08/06/2010 11:29 AM, nom=de=plume wrote:
"Canuck57" wrote in message ... On 07/06/2010 1:37 PM, 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? Economony is double dipping on the down size. The price of oil is a good indicator of how well the economy is doing, $80 barrel is a super mild basis sustaining economy. That we are going back into the depression deeper than before. People don't buy stuff, less trucks and travel develops some slack in the supply chain dropping prices. I have been using it as an indicator for years and it is 100% more accurate than big mouth politicians that could not tell the truth if their life depended on it. -- Liberalism - a disease of envy, greed, entitlement and KAOS. You are just stupid. Funny how you and the spoofer post from the same NNTP ISP.... -- Liberalism - a disease of envy, greed, entitlement and KAOS. |
oil ooozing up and price coming down.
"Larry" wrote in message ... YukonBound wrote: "Califbill" wrote in message m... wrote in message ... 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? It is just signalling a slowdown in the economy. The folks in that area north of Atlanta where we were, were complaining that the season was starting out slow for them and I know things were slower than normal at Busch Gardens the week after school let out. I suspect dad is either not working, working for less money or can't afford to take time off. I was really surprised at the lack of boat traffic in the Clearwater Pass Inlet Saturday. Usually that is very busy. I am planning a trip to Northern Vancouver Island this summer. The guides are crying the blues. their long time customers seem to be booking, but no fresh faces. Happy to see a person from out of the area helping their economy. Yeah....well they haven't met you yet! Improving the news group, eh? You're right! I should be encouraging Kalif Swill to go away....that would be a major improvement. |
oil ooozing up and price coming down.
"Canuck57" wrote in message ... On 08/06/2010 11:29 AM, nom=de=plume wrote: "Canuck57" wrote in message ... On 07/06/2010 1:37 PM, 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? Economony is double dipping on the down size. The price of oil is a good indicator of how well the economy is doing, $80 barrel is a super mild basis sustaining economy. That we are going back into the depression deeper than before. People don't buy stuff, less trucks and travel develops some slack in the supply chain dropping prices. I have been using it as an indicator for years and it is 100% more accurate than big mouth politicians that could not tell the truth if their life depended on it. -- Liberalism - a disease of envy, greed, entitlement and KAOS. You are just stupid. Funny how you and the spoofer post from the same NNTP ISP.... -- Liberalism - a disease of envy, greed, entitlement and KAOS. Eternal September? I'm betting there are more than two of us. Which spoofer are you talking about? |
oil ooozing up and price coming down.
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oil ooozing up and price coming down.
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. |
oil ooozing up and price coming down.
"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. |
oil ooozing up and price coming down.
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. |
oil ooozing up and price coming down.
"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. |
oil ooozing up and price coming down.
|
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.
In article , says...
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. No one will pay any attention to me, and that's what I come here for. I also think that it's gotten to the point where no one believes the tales I tell here except for my little buddy Don. |
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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