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Thread: Oil rises above $90 amid US crude supply drop

  1. #11
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by UtahBill View Post
    Cereal grains are higher due to poor crop harvests worldwide, due to droughts in key countries. I read that Russia won't be exporting any wheat this year.
    Poor countries are in trouble, most certainly.
    So you do not think QE2 has anything to do with the runup in commodity prices. Go back to August when the Fed started hinting about Qe2 and look at what a variety of commdoities, including oil have done.

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by j-mac View Post
    nah, just dumb for not exploiting it to make ourselves less dependant on other sources hostile to us, while at the same time not seriously putting in place other options to oil.


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    Or dumb like fox...
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by MaggieD View Post
    Or dumb like fox...
    somehow I don't see Obama as being the one utilizing our resources to this extent. it would be great if he would, and at the same time pursue other energy agendas, keeping the American people in mind that pay for the energy, however, this is what he sees....





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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by j-mac View Post
    somehow I don't see Obama as being the one utilizing our resources to this extent. it would be great if he would, and at the same time pursue other energy agendas, keeping the American people in mind that pay for the energy, however, this is what he sees....





    j-mac
    So you want less taxes AND cheaper energy? BTW, cap and trade is dead .
    Oracle of Utah
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by washunut View Post
    So you do not think QE2 has anything to do with the runup in commodity prices. Go back to August when the Fed started hinting about Qe2 and look at what a variety of commdoities, including oil have done.
    OK, cereal grains are higher, PRIMARILY, due to poor crop harvests...
    It would help if you read some world news occasionally...
    The info is still there, just google for it...
    Oracle of Utah
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by j-mac View Post
    Hmmm....You didn't? Where you been? When Bush was in and oil hit record highs, liberals like you argued that exact thing.....Now it seems fuzzy?



    Standard liberal response....."Tax, tax, tax...."




    But wait, I thought that the 'Peak Oil' nuts argued the exact opposite?



    Yep, and we said goodbye to Muscle cars....Shame.



    No one said that, so straw arguments although fun, are not so productive....



    Seems to me that liberals never think of the unintended consequences to their knee jerk actions.



    Is that the reason, or could it be that highway funds are usually one of the first things raided by liberals to spend on their pet spending projects?



    Again, probably due to increased spending with abandon. Not because we don't tax enough.



    What can you see taking the place of coal?



    the only thing I see as truly 'evil' Bill, is your attempt to minimize concerns. Or that liberals believe that the money I earn is theirs, and they "allow" me to keep some of it.


    j-mac
    Liberals like me? I vote republican, and repent later. Always have, except for Jimmy Carter, the only president who ever tried to give us an energy plan.

    See, once you start going stupid, I tend to stop reading your posts.
    BTW, today's muscle cars are far superior in performance to those of the 70's.....except the smell, old muscle cars dump a lot of partially burned fuel into the air, with lead as an octane booster. You really shouldn't breathe much of it, it makes you stupid.

    Use less electricity by conserving (Architecture 2030 plan), and we will need fewer power plants, then use nuclear instead of coal.
    Oracle of Utah
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by MaggieD View Post
    I wonder if that's true, Erod. I wonder if oil-producing nations resent us for this very reason.

    Since oil is a finite resource, and we know it is, are we really hoarders?
    No, they love us for it. They're drilling the gulf right now in droves while we refuse, too.

    And it's not finite really. We've got 500 years of untapped oil in this planet, plenty of time to find an alternative. We've barely scratched the surface of the oil supply.

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by UtahBill View Post
    So you want less taxes AND cheaper energy? BTW, cap and trade is dead .

    Yep. and Yep. Yeah, it's dead for now, until the next manufactured crisis comes out.....


    Liberals like me? I vote republican, and repent later. Always have, except for Jimmy Carter, the only president who ever tried to give us an energy plan.
    You voted for Carter?...Oh my.

    See, once you start going stupid, I tend to stop reading your posts.
    name calling? thanks for that Mr. Allensky.

    BTW, today's muscle cars are far superior in performance to those of the 70's.....except the smell, old muscle cars dump a lot of partially burned fuel into the air, with lead as an octane booster. You really shouldn't breathe much of it, it makes you stupid.
    eh, debate for another time....

    Use less electricity by conserving (Architecture 2030 plan), and we will need fewer power plants, then use nuclear instead of coal.
    Ok, I am for more nuclear, and whatever else you can think of. Just don't cut off the current energy til we have those in place, and working. Oh, and what do you think WVA, Western VA, KY, OH, and others in the coal producing belt will switch their jobs to?


    j-mac
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Erod View Post
    No, they love us for it. They're drilling the gulf right now in droves while we refuse, too.

    And it's not finite really. We've got 500 years of untapped oil in this planet, plenty of time to find an alternative. We've barely scratched the surface of the oil supply.
    But we will run out of the sweet crude, and the easy to get crude, eventually. I think the best reason for using less of it now is to reduce pollution, with a secondary reason that it IS a finite resource, and we should't be wasting it.

    I don't share the opinion that 500 years is "plenty of time". Scientific progress can't be assigned a timetable. Plus, with the world population growing, and demanding more energy, who can say that the 500 year estimate isn't just a wild guess?
    Oracle of Utah
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by j-mac View Post
    Yep. and Yep. Yeah, it's dead for now, until the next manufactured crisis comes out.....




    You voted for Carter?...Oh my.



    name calling? thanks for that Mr. Allensky.



    eh, debate for another time....



    Ok, I am for more nuclear, and whatever else you can think of. Just don't cut off the current energy til we have those in place, and working. Oh, and what do you think WVA, Western VA, KY, OH, and others in the coal producing belt will switch their jobs to?


    j-mac
    Yes, Carter....like I said, he had an energy plan. No other president since has even come close. Carter was an engineer, he understood energy issues far better than any president since.
    Coal producing states will have to find ways to use coal in other ways. I looked it up once, there are lots of other uses for coal.
    OR, instead of digging for coal, plant pot. There will always be a market for good pot...
    Oracle of Utah
    Truth rings hollow in empty heads.

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