obvious Child

Can you find anyone who argues that supply and demand is irrelevant to the price?

lol.

No.

What you wrongly trying to argue is that it is the key factor. It's not. It has already been explained to you what ARE the key factors. Ignoring lessons you have been repeatively taught doesn't make you any more right then you were before.

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Navy Pride

Before you put your foot in your mouth read the thread, you will find that a couple of your left wing friends say supply and demand has nothing to do with it...........That is why I posted the link to prove them wrong again, still, always..........

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FOR THE LIKES OF LIBERALS LIKE KERRY AND DURBIN:

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obvious Child

Care to link? Or running your mouth off as usual?

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No, cops cannot threaten to rape and murder your family during interrogations.

Navy Pride

Nah, if your to lazy to read the thread I am not going to do it for you........

__________________
FOR THE LIKES OF LIBERALS LIKE KERRY AND DURBIN:

"IF YOU CAN'T STAND BEHIND OUR TROOPS FEEL FREE TO STAND IN FRONT OF THEM."

obvious Child

I have read the thread. You are too lazy to provide any evidence of anything you say.

Find me a post where someone says that supply and demand are completely irrelevant to the price of oil. Or retract your statement.

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No, cops cannot threaten to rape and murder your family during interrogations.

Orion

Sorry to intrude on this very intense debate :P

For my own education, can someone please fill me in on why Bush Senior banned offshore drilling in the first place?

Navy Pride

You need to read the thread with your specs on because a couple of your left wing buddies have said that supply and demand has nothing to o with the price of gas that is why they are not for drilling........

Anyhow if your to ****ing lazy to read the thread I am done with you.........

__________________
FOR THE LIKES OF LIBERALS LIKE KERRY AND DURBIN:

"IF YOU CAN'T STAND BEHIND OUR TROOPS FEEL FREE TO STAND IN FRONT OF THEM."

obvious Child

Translation:

Navy has absolutely no evidence to back up his claim. Furthermore, he is too lazy to search for any evidence at all. Google is something Navy is allergic too. Therefore, since Navy has no evidence at all in any shape or form, his claim is nothing more then an outright lie.

And no one has said that supply and demand is why we shouldn't drill. You are misconstruing the arguments in your intellectual dishonesty.

People argue that since the total volume we can add is minuscule, we cannot effect prices as small suppliers cannot force big suppliers who are price setter to change their prices.

You have completely failed to understand the subject.

And I have read all 12 pages. You have no proof.

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No, cops cannot threaten to rape and murder your family during interrogations.

jfuh

Hyperbole doesn't help your case.
Please then it should be very simple of you to cite this. You are making the claim, I'm simply asking for your proof - you know, the whole mess with burden of proof and all.

But let's just say that it is indeed that the "environmentalist whack jobs" are the ones who are stopping the drilling in already approved and already leased land to drillers.
Than by the same logic opening up drilling of off shore would be just as fruitless. Those powerful "environmentalist whack jobs" would just as much hault drilling there as well to which millions of tax payer money to re-open and re-legislate on the whole matter would've been an utter waste of money and time - more importantly we still wouldn't see a single drop.

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jfuh

Honestly corn ethanol is an utter joke - you're competing with human consumption to generate energy fuel. The planet is already starved for agricultural resources as is much less needing to compete with the desire to drive our cars with that same fuel.
Now I'm uncertain and don't have a reliable source that I have so I can only rationalize.
Cracking - in particular catalytic cracking - is already used today and produces petroleum at lower costs than is needed for sustainable energies it's how refineries have been able to produce more petroleum today than they did but only 35 years ago. What's driving up the costs today though is not the methodology of cracking but rather the high price of crude to start.

Don't take this the wrong way, but ask the Saudi's how much they pay for their oil. A friend of mine that went over to Saudi Arabia just this spring told me that the price was - get this - $0.91 - 91 fracking cents/gallon!
I assume that they don't need to pay for the same royalties for their oil that the rest of us would need to pay for.
But if indeed we were self sufficient what you wrote is exactly correct. Being the worlds largest consumer, we'd significantly decrease international demand for oil and thus the demand side of things.

International demand is not limited to China and India alone. Our own demand as well as that of other European nations, African nations and so on have all increased.
That is simply adding on to the two problems which you listed.

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