Oil
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- hedge0
Drilling in ANWR. Who's been responsible for preventing this from happening?
- the dollar is worth less, that is why oil is so expensive.mrdobolina
- Drilling in Alaska would still help.hedge
- the price of oil/gas will not be effected by it. it would take years for it to go online.mrdobolina
- Also, the weak dollar is not the only culprit.hedge
- but it is a major one.mrdobolina
- my friends in the UK are beyond pissed at the price of their petrolsputnik2
- are you kidding? we use upward of 22 mil barrels a day. it wouldnt do a damn ting even when it does come online.spifflink
- TheBlueOne0
Still waiting for an answer to my very very simple question:
So, is the Bush administration over regulating the market? Is that your point?
- No.hedge
- So what was the point of your wikipedia quote?TheBlueOne
- robotron3k0
We interrupt this broadcast to bring you a message from Mother Nature©...
- TheBlueOne0
Look, dipshit, the US Treasury, is a cabinet level office of the Executive branch. As for the Federal Reserve, 12 regional Federal Reserve Banks located in major cities throughout the nation acting as fiscal agents for the U.S. Treasury
Amazing how little a financial genius like you seems to understand this shit.
Now get me the picture of the yacht motherfucker.
- ...What? Was I arguing that the treasury and fed weren't such entities?hedge
- You astound me.hedge
- That said the Federal Reserve is as independent from executive/legislativ... as it can be...TheBlueOne
- TheBlueOne0
"What? Was I arguing that the treasury and fed weren't such entities?"
First page of this thread. You said "Again, Bush is not the government as an entire entity. Stop swapping the two." and then in the note afterwards you wrote "The Federal Reserve and U.S. Treasury Dept." to clarify your answer.
Go ahead everybody take a look.
Amazing how fast your brain spins to keep you out of trouble.
- spin...spin...spin...TheBlueOne
- Look at my post below, you spinner.hedge
- designbot0
"oil may ``spike'' because ``Asia is taking an unprecedented share'' of Middle East exports, wrote analyst Ole Slorer."
Doesn't hold much weight considering the U.S. gets most of it's oil from Canada and Mexico. Perhaps it's because the Middle East is our source of cheap, easy oil. Still a conspiracy.
Ultimately the U.S. is seeking to use up other countries oil while we continue to sit on our own abundant supply. It's an (evil) strategy. Once we use up foreign oil we will finally start using our own supply, while everyone else is screwed.
- PonyBoy0
Go Celtics!
- nearestexit0
drilling in ANWR might help but even if it did, we wouldn't notice any effect for years to come.
And by that time, the demand for oil would be so much higher, the effect of ANWRs oil would be noticeable by US consumers.
The real benefit would go to oil companies, who really need the help right now. Those cats are hurtin BIG time.
- correction: the effect of ANWRs oil would NOT be noticeable.nearestexit
- hedge0
Oh..my..God..blue.
I was answering dobs' question: "and the dollar is worthless, what do you attribute this to? liberals?"
- Mimio0
What I think is interesting is that his guy pretends to be a hedge fund manager and doesn't seem to understand the principle of reflexivity. We're watching it happen and responding in the same broken way. The conservatives had their shot and blew it.
- Blanket generalization.hedge
- you make them everytime you talk about democrats.mrdobolina
- Hardly.hedge
- TheBlueOne0
ah...so you attribute it to the US Treasury (an executive branch cabinet position under the influence of the president) and to the Fed, which while independent of the government is certainly influenced by the general economic ideas of the administration..
So, um, then does or does not the president have influence on the economy. If so, why the concerns about an Obama presidency? And if Obama can influence it so strongly, why can't I blame Bush's fiscal policy for putting the economy in it's current position.
Just trying to follow your logic here. Or is the presidency just all powerful when a democrat is in office and all fucking rainbows and unicorns when a republican is in? Or do you want it both ways - as has been rumored about you down at the Jaguar delaership?
- cupcakes and jesus juice!mrdobolina
- and yeah, I added a little ad hominem attack there at the end for shits and giggles.TheBlueOne
- Yes, the president has some influence on the economy with his/her policies. This does not mean all blame can be placed on him/her.hedge
- I agree all blame cannot be placed.TheBlueOne
- .. on the president.hedge
- < most of the blame anyway...********
- ********0
Several key factors influence the global oil market, including the types of crude oil, the players in the oil market, supply and demand for crude oil, and the price of oil. All have a direct impact on the prices consumers pay for gasoline, diesel fuel and other oil-based products. To blame it one one person or thing is just plain foolish.
Crude oil is arguably the world's most important and actively-traded commodity. Oil trades in a world market, and is bought and sold in relation to global prices. Because there are many different varieties and grades of crude oil, buyers and sellers have found it easier to refer to a limited number of reference, or benchmark, crude oils. Other varieties are then priced at a discount or premium, according to how their quality compares to that of the benchmark. The type of crude oil that is used as a benchmark in North America is West Texas Intermediate (WTI) oil, which is a light, sweet (low sulphur) crude. This is the price that is usually quoted in newspaper articles. Light sweet crude oils sell at higher prices than heavy sour (high sulphur) crudes, which are more difficult and expensive to refine and yield less of the more valuable oil products such as gasoline and jet fuel.
The price of oil has traditionally been determined by how closely supply and demand match each other. When there is more supply than consumers want, they can shop around for the best price leading to lower prices. If demand is higher than the amount available, consumers will compete with each other, bidding for the supplies they need driving prices up.
However, it is not only the current supply/demand balance that determines market prices. Buyers and sellers also factor in what they expect will happen to prices in the future. If buyers think that supply might be lower in a few weeks or months and the price could go up, they will want to stockpile some oil now and might even be willing to pay a premium today to protect against a higher price in the future. Similarly, if buyers think that the supply of oil will increase in the future or that the price can be expected to decline soon, they will delay their purchases as long as possible or demand a discount on the price.
Demand is off the charts right now due to the recent disasters in China and Burma. 100s of thousands, even millions of aid workers, equipment, generators... you name it. 24/7.
Take off the blinders.
- nice copy/paste fuckface.
http://www.fuelfocus…mrdobolina - http://www.fuelfocus…hedge
- and your theft of that thought mentions nothing about the low value of the dollar.mrdobolina
- which is a major reason why americans pay more at the pump. fucking admit it.mrdobolina
- agreed nice copy/paste. Try using your brain a little.designbot
- Listen you sorry sack of shit, what the fuck is your fucking problem? Did I SAY that I wrote that anywhere there?********
- Go fuck your mother asshole.********
- just post a link next time, plagiarist.mrdobolina
- classy guy.mrdobolina
- somatica, if you want to piss me off, tell me to kill myself or something, be creative!mrdobolina
- Lets not talk about being creative mrdobolina, the king of being a broken record.********
- All I ever see you do here is argue and fight with people. I swear it gets you off or something. You like live for drama.********
- drama, you little pussy ass drama queen doped up dropout living in a 1 bedroom shitty apartment. Fuck you.********
- HA HA.hedge
- nice copy/paste fuckface.
- Mimio0
Seriously you conservatives play the carrot and stick game without a carrot. If there's "tax and spend liberal" then there's "spend and borrow" conservatives. Tell me which is more deleterious and irresponsible.
- TheBlueOne0
Look hedge, I know you're mostly a troll and you do a good job at getting people's goats, and you do seem to have a grasp of your little area of expertise, although you are arguing from a specific idealogical viewpoint - whether this is where you are really coming from or are using it as your little troll wedge, well you know the answer to that.
I do think you're a tool for trolling like you do. And I'll argue with you because hey, I'm bored. And i get animated in my arguments - you should see me over drinks at the pub...man, me and my buds get into some loud arguments about politics and economics, but hey, I love that sorta stuff. If I had a dime for everytime my wife told me "calm down..." And I've argued a point very vehemently only to realize I was wrong in the end sometimes. Heck I'm mostly Irish, I live to be contrarian...
I will continue to attack your arguments and your online Nom de guerre with little ad hominem attacks when I come across a good one, only because you, well, you're a one-trick pony and you know damn well what you're doing. And it amuses me. Nothing personal because you have no blood or skin in the game, and neither do I.
And besides I do like your taste in yachts.
- I'd love to go for a drink with you, Im just the same. Especially the 'realize I was wrong in the end'...that's great.mikotondria3
- ********0
doing the same thing over and over again and expecting different results.
- hedge0
I stayed here Wed. night:
Rates: From $466Highlights: Spectacular city and harbor views, plus biz-friendly perks like an onsite tech concierge for laptop meltdowns.
http://money.cnn.com/galleries/2…
It's not bad for business travel.
- Did they have a yacht?TheBlueOne
- And I stayed at the Tokyo Ritz Carlton last year. Your point being?TheBlueOne
- on business?hedge
- I know Carla at the Boston, Intc - I'll ask her for a manifest from Weds..she owes me too :) :)mikotondria3
- hedge0
Blue, I suppose it depends on what you define as trolling. These ideas and arguments that I espouse here are indeed mine own. I am not being fake or pretentious in any manner.
- oh man....and you have a straight face too. Awesome. I admire the skill.TheBlueOne
- mrdobolina0
why the fuck would you post that image? seriously, give me your address or post office box address, I am going to mail you ambien, quaaludes and a bottle of single malt to put you under.
- sorry but your shit is tired and there is no ignore feature anymore.mrdobolina
- +1designbot
- need ignore. I can't control myself. There I admit it. I need ignore feature.TheBlueOne
- me too, this guy is the ultimate cunt.mrdobolina
- Just to give you a visual...hedge
- a visual of what, your illustrated douchebaggery?mrdobolina
- ********0
^ Why the fuck do you care so much about it? Ever heard of "Brushing it off". And yeah, it does suck not having the ignore feature, the rest of us have to listen to your closed minded skewed bullshit all damn day. Day in and day out "OIL OIL BUSH BUSH REPUBLICANS REPUBLICANS I SUCK COCK FOR WEED".
You have so much hate in you.- kill yourself, too.mrdobolina
- I like somatica. He does have valid points.hedge
- you told me to fuck my mother and I have so much hate in me?mrdobolina
- You're telling people to kill themselves. What is that then Captain Double Standard.********
- cowards.mrdobolina
- hedge0
- How did I completely expect you to have exactly this taste in music?TheBlueOne
- Now you're judging my taste in music?hedge
- Frankie is gay, this must not jive well with the religious right-wing nuts...********