Ahmadinejad "Oil Price Too Low"

[TYLERTECHSAS]

You knew it was coming guys. I mentioned $200 oil over a year ago inpart due to this nutcase. Anything to destroy world economies, and especially the USA, just like Osama.

Report: Iran's president says oil prices too low

By ALI AKBAR DAREINI – 6 hours ago
TEHRAN, Iran (AP) — Iran's hard-line president declared that crude oil prices, now above $115 a barrel, are too low, state media reported Saturday.
President Mahmoud Ahmadinejad told an oil and gas exhibition in Tehran on Friday that he thought the commodity still had to "discover its real value," according to the Web site of Iran's state-run television.

http://ap.google.com/article/ALeqM5g...NqDXAD904R6O80

[saltydawg]

You knew it was coming guys. I mentioned $200 oil over a year ago inpart due to this nutcase. Anything to destroy world economies, and especially the USA, just like Osama.

Report: Iran's president says oil prices too low

By ALI AKBAR DAREINI – 6 hours ago
TEHRAN, Iran (AP) — Iran's hard-line president declared that crude oil prices, now above $115 a barrel, are too low, state media reported Saturday.
President Mahmoud Ahmadinejad told an oil and gas exhibition in Tehran on Friday that he thought the commodity still had to "discover its real value," according to the Web site of Iran's state-run television.

http://ap.google.com/article/ALeqM5g...NqDXAD904R6O80

You did notice that Iran sells its oil for Euros and not US Dollars. What Ahmadinejad is saying is that GW Bush has wrecked the US economy by following economic policies that have gutted the value of its currency. Heck, oil might go to $300 a barrel in US DOLLARS because the dollar is getting weaker and weaker.

The fact is that oil supply has peaked and demand is now dictating the price of petroleum.

[TYLERTECHSAS]

You did notice that Iran sells its oil for Euros and not US Dollars. What Ahmadinejad is saying is that GW Bush has wrecked the US economy by following economic policies that have gutted the value of its currency. Heck, oil might go to $300 a barrel in US DOLLARS because the dollar is getting weaker and weaker.

The fact is that oil supply has peaked and demand is now dictating the price of petroleum.

BS,BS,BS....... Ahmadinejad is selling oil for Euros, as well as other muslim leaders and also suggested by Chavez ( Venezuela) inorder to try and wreck the US economy. Please corral your Bush hatred for a minute. In fact I posted that this was going to happen, because they said as much, months back.

[saltydawg]

BS,BS,BS....... Ahmadinejad is selling oil for Euros, as well as other muslim leaders and also suggested by Chavez ( Venezuela) inorder to try and wreck the US economy. Please corral your Bush hatred for a minute. In fact I posted that this was going to happen, because they said as much, months back.

Really, Tyler, other countries don't have to try to wreck the US economy when GW Bush is doing a great job of it just by himself. If you would quit licking GWB's boots for a minute you might see that.

[FishingBack]

The supply of oil is fixed yet vast. The bottleneck is extraction and refinement.

[saltydawg]

The supply of oil is fixed yet vast. The bottleneck is extraction and refinement.

Really? When was the last time a 500 million barrel field was discovered in the lower 48?

[TYLERTECHSAS]

Really? When was the last time a 500 million barrel field was discovered in the lower 48?

I've posted this for you already the last 6 months. Listen to the link yourself about the new 3 Billion Barrel discovery offshore gulf coast just last year.

Nation
Gulf Oil Discovery Could Have Far-Reaching Effect


http://www.npr.org/templates/story/s...toryId=6047189

[saltydawg]

I've posted this for you already the last 6 months. Listen to the link yourself about the new 3 Billion Barrel discovery offshore gulf coast just last year.

Nation
Gulf Oil Discovery Could Have Far-Reaching Effect


http://www.npr.org/templates/story/s...toryId=6047189

I said the lower 48, NOT the deepwater GOM. As for the size of the reservoir, way too earlier to project don't you think?

Now, when was the last time there was a 500 million barrel field discovery in the lower 48?

[Spinoza]

You knew it was coming guys. I mentioned $200 oil over a year ago inpart due to this nutcase. Anything to destroy world economies, and especially the USA, just like Osama.

Report: Iran's president says oil prices too low

By ALI AKBAR DAREINI – 6 hours ago
TEHRAN, Iran (AP) — Iran's hard-line president declared that crude oil prices, now above $115 a barrel, are too low, state media reported Saturday.
President Mahmoud Ahmadinejad told an oil and gas exhibition in Tehran on Friday that he thought the commodity still had to "discover its real value," according to the Web site of Iran's state-run television.

http://ap.google.com/article/ALeqM5g...NqDXAD904R6O80

I subscribe to the theory that "ECONOMISTS" exist......
Only to provide some degree of respectability for astrologers......
And I admit knowing very little regarding the seemingly Machiavellian machinations of BIG AMERICAN OIL.
Ergo......
I have a few questions for any and all of the dawgs of this board who have often indicated extensive expertise regarding BIG OIL in general, and BIG AMERICAN OIL in particular.

My questions......

1) Are the majority of executives/board members of BIG AMERICAN OIL COMPANIES patriotic?
2) Are the majority of stockholders in BIG AMERICAN OIL COMPANIES patriotic?
3) Are the majority of the owners of private American oil companies patriotic?

4) Is it not true that while America consumes more oil than any other country on our tiny planet...... One hell of a lot of that oil is pumped directly out of AMERICAN SOIL AND SEA that American Oil companies purchased the "RIGHTS" to for literally pennies on the current price per barrel dollar?
5) And is it not true that American oil companies have invested and risked more relative pennies on the current price per barrel dollar to both develop and monopolize their power over these multiple thousands of acres of America?
6) And is it not true that BIG AMERICAN OIL has recently REAPED ENORMOUS PROFITS while millions of their fellow American citizens have been suffering at their BIG OIL pumps?

7) If OPEC in general and fellows like Ahmadinejad and Chavez are EVIL......
Why does that prevent "OUR" AMERICAN BIG OIL lads from being PATRIOTIC and NOBLE......
And eager to willingly aim their oil rigs where it would most harm the current threats of TERRORISM, and the dying vestigas of "the commie threat"?

8) What would PREVENT all the "Patriotic" American BIG OIL producers from selling Americans THEIR OWN NATIVE OIL for $50 (or something substantially less than OPEC) per barrel......
And eschewing VAST PROFITS in exchange for merely decent PROFIT, and the PRIDE of "doing their part" in little george's WAR against EVIL.

9) What would OIL begin "trading" at tomorrow if BIG AMERICAN OIL simply and suddenly REFUSED to extravagantly PROFIT from the dominance of the EURO or the greed of OPEC?

10) Or is Ahmadinejad allied with BIG AMERICAN OIL in his quest for even higher prices at every American pump?

[Abominable Gorilla]

It appears that we've totally discredited the notion that Ahmadinejad is wanting to raise the price of oil out of personal greed, is this the case? TT believes that the prices are going up because Iran hates America and Salty believes they are going up because GW sucks at life. This sounds to me like the same political propaganda that used to come on the tv.

Does anyone feel that oil prices are going up as a response to supply and demand or is that just plain silly? I'm glad Ahmadinejad has mastered greed. He could teach us all a lesson.

[ULM_Fan]

Does anyone feel that oil prices are going up as a response to supply and demand or is that just plain silly?

With emerging markets like China and Brazil demanding more and more oil, I think thats a pretty valid argument you have there.

[TYLERTECHSAS]

I subscribe to the theory that "ECONOMISTS" exist......
Only to provide some degree of respectability for astrologers......
And I admit knowing very little regarding the seemingly Machiavellian machinations of BIG AMERICAN OIL.
Ergo......
I have a few questions for any and all of the dawgs of this board who have often indicated extensive expertise regarding BIG OIL in general, and BIG AMERICAN OIL in particular.

My questions......

1) Are the majority of executives/board members of BIG AMERICAN OIL COMPANIES patriotic?
2) Are the majority of stockholders in BIG AMERICAN OIL COMPANIES patriotic?
3) Are the majority of the owners of private American oil companies patriotic?

4) Is it not true that while America consumes more oil than any other country on our tiny planet...... One hell of a lot of that oil is pumped directly out of AMERICAN SOIL AND SEA that American Oil companies purchased the "RIGHTS" to for literally pennies on the current price per barrel dollar?
5) And is it not true that American oil companies have invested and risked more relative pennies on the current price per barrel dollar to both develop and monopolize their power over these multiple thousands of acres of America?
6) And is it not true that BIG AMERICAN OIL has recently REAPED ENORMOUS PROFITS while millions of their fellow American citizens have been suffering at their BIG OIL pumps?

7) If OPEC in general and fellows like Ahmadinejad and Chavez are EVIL......
Why does that prevent "OUR" AMERICAN BIG OIL lads from being PATRIOTIC and NOBLE......
And eager to willingly aim their oil rigs where it would most harm the current threats of TERRORISM, and the dying vestigas of "the commie threat"?

8) What would PREVENT all the "Patriotic" American BIG OIL producers from selling Americans THEIR OWN NATIVE OIL for $50 (or something substantially less than OPEC) per barrel......
And eschewing VAST PROFITS in exchange for merely decent PROFIT, and the PRIDE of "doing their part" in little george's WAR against EVIL.

9) What would OIL begin "trading" at tomorrow if BIG AMERICAN OIL simply and suddenly REFUSED to extravagantly PROFIT from the dominance of the EURO or the greed of OPEC?

10) Or is Ahmadinejad allied with BIG AMERICAN OIL in his quest for even higher prices at every American pump?

That is one of the stupidest posts you have put on BB&B spinoza.

From your mouth and keyboard,

1) Are the majority of American Doctors, Nurses, Farmers, Lawyers, any retailers, teachers, Pharmaceutical companies, law offices, clothing manufactures, Drug stores, hospital conglomerates, grocery store chains , Insurance companies ect... Patriotic?

2) Are the majority of stockholders , CEO's, LLC owners, S corp owners, C corp owners and individuals listed above patriotic?

3) Are the majority of the owners of the privately held companies and individuals of career service fields listed above patriotic?

4) Is it not true that while America consumes more of these products and services than any other country on our tiny planet...... One hell of a lot of that pruduct and services come directly out of AMERICAN SOIL that American companies and individuals of career servise fields purchased the "RIGHTS" permits and licenses as well as Unions to protect them for literally pennies on their current prices asked as payment by the American people?

5) And is it not true that the American companies and these individuals of career service fields listed above have invested and risked more relative pennies on the current product and services to both develop and monopolize their power over these multiple hundreds of millions of people of America?


6) And is it not true that the American companies and individuals of career service fields listed above, REAPED ENORMOUS PROFITS through the years while millions of their fellow American citizens have been suffering at their doorsteps?

7) If the American companies and individuals of career service fields of above in general and fellows like Ahmadinejad and Chavez are EVIL......
Why does that prevent "OUR" American companies and individual career field services of these listed above from being PATRIOTIC and NOBLE......
And eager to willingly aim their products at the truly weak, poor and deserving folks and countries to stem the tide and the current threats of Terrorism , and the dying vestigas of "the commie threat"?


8) What would PREVENT all the "Patriotic" American companies and individuals of career service fields from selling Americans THEIR OWN NATIVE PRODUCT and SERVICES for 50%(or something substantially less than current prices) And eschewing VAST PROFITS in exchange for merely decent PROFIT, and the PRIDE of "doing their part" in for the betterment of man in this WAR against EVIL.

9) What would these products and services of the individual career services listed begin "trading" at tomorrow if these BIG AMERICAN companies and individual career fields simply and suddenly REFUSED to extravagantly PROFIT from the dominance of Unions or the greed of the various CEO's of the companies and individual career fields listed above?

10) Or are the Democrats and liberals support of the Unions and individuals of career service fields listed above allied with these BIG AMERICAN Companies and individual career service fields in their quest for even higher prices at every step and turn an American citizen takes?

Get a grip Spinoza

Cheers!

[Spinoza]

I subscribe to the theory that "ECONOMISTS" exist......
Only to provide some degree of respectability for astrologers......
And I admit knowing very little regarding the seemingly Machiavellian machinations of BIG AMERICAN OIL.
Ergo......
I have a few questions for any and all of the dawgs of this board who have often indicated extensive expertise regarding BIG OIL in general, and BIG AMERICAN OIL in particular.

My questions......

1) Are the majority of executives/board members of BIG AMERICAN OIL COMPANIES patriotic?
2) Are the majority of stockholders in BIG AMERICAN OIL COMPANIES patriotic?
3) Are the majority of the owners of private American oil companies patriotic?

4) Is it not true that while America consumes more oil than any other country on our tiny planet...... One hell of a lot of that oil is pumped directly out of AMERICAN SOIL AND SEA that American Oil companies purchased the "RIGHTS" to for literally pennies on the current price per barrel dollar?
5) And is it not true that American oil companies have invested and risked more relative pennies on the current price per barrel dollar to both develop and monopolize their power over these multiple thousands of acres of America?
6) And is it not true that BIG AMERICAN OIL has recently REAPED ENORMOUS PROFITS while millions of their fellow American citizens have been suffering at their BIG OIL pumps?

7) If OPEC in general and fellows like Ahmadinejad and Chavez are EVIL......
Why does that prevent "OUR" AMERICAN BIG OIL lads from being PATRIOTIC and NOBLE......
And eager to willingly aim their oil rigs where it would most harm the current threats of TERRORISM, and the dying vestigas of "the commie threat"?

8) What would PREVENT all the "Patriotic" American BIG OIL producers from selling Americans THEIR OWN NATIVE OIL for $50 (or something substantially less than OPEC) per barrel......
And eschewing VAST PROFITS in exchange for merely decent PROFIT, and the PRIDE of "doing their part" in little george's WAR against EVIL.

9) What would OIL begin "trading" at tomorrow if BIG AMERICAN OIL simply and suddenly REFUSED to extravagantly PROFIT from the dominance of the EURO or the greed of OPEC?

10) Or is Ahmadinejad allied with BIG AMERICAN OIL in his quest for even higher prices at every American pump?

GO FIGURE......

I authored the above missive 2 nights ago with the intent of stirring some relatively significant discussion on this otherwise trivial thread.
Instead...... NADA!

And YES......
I did notice that Tyler penned what may be the longest original post that he has ever managed to personally construct for this forum......
Rather than one his routine/borrowed "hyperlink" replies......
But still...... Nada!
--------------------------------------------------------

Next......
What makes the above all the more interesting for me.

2 nights ago I also tossed out a very brief "new thread" thought/fact to serve as a "marker" only...... A kind of "sleeper" little grey cell to be called upon later at my whim.
And guess what......
More than a full dawg page of "replies" QUICKLY appeared on my political discussion milieu of choice.
Granted......
The brief avalanche of interest I refer to demonstrated little beyond the intellect of 2 teenage girls text-messaging each other regarding what they might wear to school tomorrow......
But it demonstrated (for me) an interesting reality.

EVERYONE who has posted a reply on the 704 day thread......
Had the TIME to proffer a thought in reponse to the above missive.
But EACH felt their valuable time to be SERVED BETTER by discussing the possible dental hygeine, etc, of an anonymous jaw......
Rather than by addressing an issue that is eating into the heart of a fading American dream.

GO FIGURE!

[Spinoza]

That is one of the stupidest posts you have put on BB&B spinoza.

From your mouth and keyboard,

1) Are the majority of American Doctors, Nurses, Farmers, Lawyers, any retailers, teachers, Pharmaceutical companies, law offices, clothing manufactures, Drug stores, hospital conglomerates, grocery store chains , Insurance companies ect... Patriotic?

2) Are the majority of stockholders , CEO's, LLC owners, S corp owners, C corp owners and individuals listed above patriotic?

3) Are the majority of the owners of the privately held companies and individuals of career service fields listed above patriotic?

My ever so predictable conservative muse......
Please allow me to add all "workers" living at or below recognized poverty levels, and every unemployed worker to your "distraction" list before asking you a very simple question.

In all the OIL RICH lands on our tiny planet where Muslims kneel to pray, or where communists prefer that no one ever kneels......
What is the current "patriotic" PPG?

[TYLERTECHSAS]

My ever so predictable conservative muse......
Please allow me to add all "workers" living at or below recognized poverty levels, and every unemployed worker to your "distraction" list before asking you a very simple question.

In all the OIL RICH lands on our tiny planet where Muslims kneel to pray, or where communists prefer that no one ever kneels......
What is the current "patriotic" PPG?

I will look it up, or you can, but the Saudi's control the price of oil in the world with something like 500-1000 key wells maybe less. It is just so prolific.

How much does a gallon of gas cost in Saudi Arabia?

In: Cars and Vehicles

The latest figure shows that the price of a gallon of regular gasoline in Saudi Arabia is $0.91 per gallon.......On another note, the same gallon of gas costs $0.12 in Caracus, Venezuella



All because this is where most of the world's oil is today. And we import almost 70% of the oil we refine in the USA. Thanks DEMS/LIBS for holding back our own domestic O&G industry by having our refineries torn down, high taxes, not letting us drill off of our own coastlines, and ANWAR until the up vote for a little of it last year. Likewise the Libs/Dems only allow 90% of the rfineries in the south, mainly TX and LA, because the pompous libs in California (actually the entire west coastline of the USA), Fla, and the NE Coast line of the USA don't want them near them (give them to the dumb southerners is their idea). And they want their own grade of gasoline per their own state specs. Therefore, the few refineries we still have must totally change out the systems for each state they refine for that week. I say screw the yankees and libs in those states. Make them pay $6 per gallon now for making us refine it in the south, to their specs and transport it to their pompous butts in their pious lands.

No.... patriotism has nothing to due with it unless the DEMS/LIBS are unpatriotic for not allowing us to drill off of all of our and their(the libs) coastline and all of Alaska and refine in their states and pay their fair share for transporting gasoline in only their pious spec quality to their parts of America. Again I say $CR&W THEM.

Oh.. and you can feel free to move to Saudi or Venezuella for cheeper gasoline if you desire but I bet I already know the answer to that one.


Cheers!