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Not At My Table - Political Discussions => National & International Politics => Topic started by: FOTD on July 02, 2008, 06:13:50 PM

Title: Oil at $144 a Barrel
Post by: FOTD on July 02, 2008, 06:13:50 PM
In 1999, Osama Bin Laden said it would bring the West to their knees....is it happening before our eyes?
Title: Oil at $144 a Barrel
Post by: Nik on July 02, 2008, 08:50:54 PM
The QT nearest to my house jumped a dime in the last few hours. $3.89.
Title: Oil at $144 a Barrel
Post by: Friendly Bear on July 02, 2008, 08:57:32 PM
quote:
Originally posted by Nik

The QT nearest to my house jumped a dime in the last few hours. $3.89.



Welcome to the New World Order.

It's only a coincidence mind you that:

1) George W. Bush was a Texas oilman.

2) He picked a Oil Field Services executive to be his VP.

3) His major backers were Energy companies.

4) He went to war with the country with 2nd largest known reserves in the World.

5) The price of oil and gasoline has gone up in a straight upward line since he was inaugurated President.

All just a coincidence.

Nothing to see here; just move along.


[8D]
Title: Oil at $144 a Barrel
Post by: FOTD on July 03, 2008, 05:55:24 AM
Plenty to see.....sometimes, you can get shown the light....
http://www.nytimes.com/2008/07/03/world/middleeast/03kurdistan.html?_r=2&hp&oref=slogin&oref=login


Hundreds of billions of our taxpayer dollars, thousands of lives, and our national infrastructure crumbling, all to subsidize the profiteering of the Bush/Cheney Oil Swindlers: "Bush administration officials knew that a Texas oil company with close ties to President Bush was planning to sign an oil deal with the regional Kurdistan government that ran counter to American policy and undercut Iraq's central government, a Congressional committee has concluded."

Unethical slimeballs run these United States of America.....  http://tpmmuckraker.talkingpointsmemo.com/2008/07/waxman_says_white_house_knew_a.php
Title: Oil at $144 a Barrel
Post by: rhymnrzn on July 03, 2008, 06:00:41 AM
The prices are code language for "You are unclean, idle, and strange children unto us".  

They fight and war, and yet the bottom line in retrospect is,  they have not.

The pastors, priests, and rulers of this people are the ones with the costly apparel, and the goodly ring, telling the wearers of vile raiment "Get under my footstool".  They eat and drink like kings while others better than themselves stand without.
Title: Oil at $144 a Barrel
Post by: FOTD on July 03, 2008, 06:05:46 AM
The breaking of our back...

Oil prices will not ease if supply rises - Saudi king

http://in.reuters.com/article/businessNews/idINIndia-34311720080701?sp=true

Title: Oil at $144 a Barrel
Post by: FOTD on July 03, 2008, 06:13:45 AM
More education on the matter......these guys are worse than weasels....they are criminal.

"Two years before the invasion of Iraq, oil executives and foreign policy advisers told the Bush administration that the United States would remain "a prisoner of its energy dilemma" as long as Saddam Hussein was in power."

http://www.consortiumnews.com/2008/070208a.html
Title: Oil at $144 a Barrel
Post by: cannon_fodder on July 03, 2008, 08:53:31 AM
Just to get this straight, the accusation is that Bush and Cheney got into office with the plan of raising oil prices and doing as much damage to the US economy as possible?

Makes sense.

While clearly they have done little to help the situation, Iraq pumps more oil NOW than they did before the war.  The part of the equation that has changed is the demand line - almost entirely from India and China.  Also, continued uprising in Nigeria coupled with hostile stances in Iran and Venezuela fuel supply concerns.

So, if your conspiracy is that Bush and Cheney convinced Hugo Chavez to nationalize oil companies and are leaning on Iran to make nuclear weapons so Israel attacks them, while simultaneously begging China to keep it's currency pegged and buy an ever increasing amount of crude... then I think your on to something.

Otherwise, I'd say that while contributing to the problem by feeding speculative markets and refusing to force through either a workable energy policy nor more domestic production - the conspiracy just falls flat.  Well, at least from an economic, historical, and logical perspective.  From a casual connection point of view... it's fantastic.
- - -

Did you know the ONLY nuclear disaster in the US took place while a Nuclear Engineer was president?  It essentially killed new players from entering the nuclear power industry and granted coal a near monopoly on new power plants.  I bet Jimmy Carter had friends in the nuclear business that made monopolistic profits and probably bought into coal!

THEN, because we didn't have cheap clean power oil continued to be our primary transportation fuel.  Even though Carter learned that oil is our Achilles heel.  So we didn't get cool electric cars as promised.

He's in on it!

Title: Oil at $144 a Barrel
Post by: FOTD on July 03, 2008, 09:20:14 AM
Don't be so stupid to think their intentions did not get outa hand.....like mad men, they thought the war would be easy and they were wrong. Dead wrong.

"One way or another, one way or another,
One way or another, this darkness got to give."
Garcia/Hunter
Title: Oil at $144 a Barrel
Post by: cannon_fodder on July 03, 2008, 09:50:25 AM
quote:
Originally posted by FOTD

Don't be so stupid to think their intentions did not get outa hand.....like mad men, they thought the war would be easy and they were wrong. Dead wrong.




True.  Well, actually... the war was easy.  The occupation phase is the part we screwed up and/or didn't plan for (I have some great cribs from Sun Tso that clearly no one at the pentagon read).  But the statement is true in spirit.

Either way, that does not support your conspiracy theory.  If they thought the war was going to go easy, that would have benefited oil prices as the region would be more stable and the Iraqi embargo would have been lifted.  Your theory depends on them starting a protracted war in the region to destabilize commodity prices and reduce Iraq's contribution to global supply.

The conspiracy also used to include a "war for oil" in which US oil companies extracted the reserves for our own use.  As much as I wish a variant of that was happening to pay us back for our efforts, it's not.  

The occupation was poorly planned.  The result has had a negative effect on oil prices.  Which, in turn, has been horrible for the economy and most American's pocket books.  The administration response in energy policy has been negligible.  No arguments there.
Title: Oil at $144 a Barrel
Post by: we vs us on July 03, 2008, 10:04:29 AM
quote:
Originally posted by cannon_fodder


The conspiracy also used to include a "war for oil" in which US oil companies extracted the reserves for our own use.  As much as I wish a variant of that was happening to pay us back for our efforts, it's not.  



Well, actually . . . . (//%22http://www.nytimes.com/2008/06/19/world/middleeast/19iraq.html?_r=1&oref=slogin%22)

quote:
BAGHDAD — Four Western oil companies are in the final stages of negotiations this month on contracts that will return them to Iraq, 36 years after losing their oil concession to nationalization as Saddam Hussein rose to power.  

Exxon Mobil, Shell, Total and BP — the original partners in the Iraq Petroleum Company — along with Chevron and a number of smaller oil companies, are in talks with Iraq's Oil Ministry for no-bid contracts to service Iraq's largest fields, according to ministry officials, oil company officials and an American diplomat.




I'm not sure how far to take the "war for oil" thing.  I'm a natural skeptic of conspiracy theories in general, but I have to admit that it's hard to ignore these glaring data points that keep emerging. I don't think the Bush Administration is capable of successful long term planning, but it's getting more and more difficult to chalk this stuff up to mere coincidence.
Title: Oil at $144 a Barrel
Post by: rwarn17588 on July 03, 2008, 02:28:25 PM
quote:
Originally posted by we vs us

Quote

I'm not sure how far to take the "war for oil" thing.  I'm a natural skeptic of conspiracy theories in general, but I have to admit that it's hard to ignore these glaring data points that keep emerging. I don't think the Bush Administration is capable of successful long term planning, but it's getting more and more difficult to chalk this stuff up to mere coincidence.



I chalk it up to simple bumbling and incompetence. I mean, it's par for the course with this bunch.
Title: Oil at $144 a Barrel
Post by: bokworker on July 03, 2008, 02:44:13 PM
Total and BP are not American companies... western yes, American no. (Total is French, BP.. well British Petroleum)
Title: Oil at $144 a Barrel
Post by: Friendly Bear on July 03, 2008, 02:50:57 PM
quote:
Originally posted by bokworker

Total and BP are not American companies... western yes, American no. (Total is French, BP.. well British Petroleum)



BP wholly-owns 3 of the following former Seven Sisters Standard Oil companies:

Standard Oil of Ohio (SOHIO)
Atlantic Richfield co. (ARCO)
American Oil Co. (AMOCO)

Concidentally, with these acquisitions, they control the majority of the pipelines running through the Cushing Switch.

From that catbird's seat, they can see both the SUPPLY and the DEMAND side of majority of Mid-Continent crude purchased, transferred, and sold in the U.S.

If you can see both the supply AND the demand of any commodity, you have a virtual certainty near-term in the Oil futures market.

Happy Days are Here Again, old boy!


[8)]
Title: Oil at $144 a Barrel
Post by: we vs us on July 03, 2008, 02:58:43 PM
quote:
Originally posted by rwarn17588


I chalk it up to simple bumbling and incompetence. I mean, it's par for the course with this bunch.



I'm with you to a degree, but there has to come a point where the piles of circumstantial evidence start pointing to intent rather than sheer negligence.

I guess what I'm saying is, there's a surprisingly straight line from Cheney's secret energy task force of 2001 through till today's divvying up of no-bid contracts to the oil majors.  That doesn't also preclude a hefty serving of Bush-style cronyism and incompetence, but there's some strong evidence of planning as well.

Just for the record, I'm not happy that I'm starting to see this as feasible.  I'd much rather leave this to my tin-foil loving brethren on the more hysterical blogs.
Title: Oil at $144 a Barrel
Post by: FOTD on July 03, 2008, 03:19:42 PM
quote:
Originally posted by we vs us

quote:
Originally posted by rwarn17588


I chalk it up to simple bumbling and incompetence. I mean, it's par for the course with this bunch.



I'm with you to a degree, but there has to come a point where the piles of circumstantial evidence start pointing to intent rather than sheer negligence.

I guess what I'm saying is, there's a surprisingly straight line from Cheney's secret energy task force of 2001 through till today's divvying up of no-bid contracts to the oil majors.  That doesn't also preclude a hefty serving of Bush-style cronyism and incompetence, but there's some strong evidence of planning as well.

Just for the record, I'm not happy that I'm starting to see this as feasible.  I'd much rather leave this to my tin-foil loving brethren on the more hysterical blogs.



"I'd much rather leave this to my tin-foil loving brethren on the more hysterical blogs."

Leave the devil to his own disciples......this can't mean FOTD for he is not your brethren nor are his posts based on hysteria. Seek the truth and you will be set free.....
Title: Oil at $144 a Barrel
Post by: we vs us on July 04, 2008, 12:12:27 PM
quote:

"I'd much rather leave this to my tin-foil loving brethren on the more hysterical blogs."

Leave the devil to his own disciples......this can't mean FOTD for he is not your brethren nor are his posts based on hysteria. Seek the truth and you will be set free.....



Don't take this personally, FOTD. I wasn't talking about you in quote above.  Many of our fellow liberals, IMO, like to imagine conspiracies of staggering proportion, and whose tentacles reach deep into every part of the government.  By and large I think that's hogwash, and am more inclined to believe that the simplest answer is probably the correct answer.  And the simplest answer in most cases so far with the Bush Administration is sheer incompetence by dint of cronyism, ideological blindness, and individual venality.

Though, as I said upthread, the data points for most of the Iraqi mess are indicating something a little more sinister than I'd like to believe.

But in the way of a peace offering, I bring you Presidents Bush and Putin, together again, for one last dance. (//%22http://minimovie.com/film-128212-Putin%20On%20The%20Ritz%22)
Title: Oil at $144 a Barrel
Post by: FOTD on July 04, 2008, 12:55:41 PM
That lasted 30 seconds wevus.....

Here, Happy Independance Day:
http://www.cnsnews.com/ViewNation.asp?Page=/Nation/archive/200807/NAT20080703a.html


Group Asks for Divine Intervention to Ease Oil Prices
By Allison Aldrich and Keriann Hopkins
CNSNews.com Correspondents
July 03, 2008

(CNSNews.com) - As the price of oil continues to rise, some are turning to God and prayer for an answer to their financial troubles.

The Pray at the Pump Movement, founded by Rocky Twyman, has been holding prayer vigils at gas stations across the country. On Monday, Twyman decided to take his movement from Exxon and Shell stations straight to the steps of the Embassy of Saudi Arabia in Washington, D.C., hoping to encourage the oil-rich country to raise the amount of barrels they release each day from 200,000 to 1.2 million.

Twyman, who is a member of the Seventh-day Adventist Church, spent the afternoon outside of the embassy praying and asking passersby to sign his petition for the release of more oil, which he hopes to deliver to the Saudi oil minister.

"Our people are really suffering through this crisis," Twyman told Cybercast News Service. "We need the Saudis to release at least 1.2 [million] barrels of oil per day for about the next six months until we can get everything settled in America ... (I)f they can just do that for us, than this will help us get through this crisis."

Twyman, who prompted the first national campaign aimed at getting African Americans to become bone marrow donors, has moved on to more active participation to lower gas prices than eliciting the help of God through prayer.

"I think we have just entered a new phase. We were in the prayerful phase, but now we're going into a more activist phase, because we feel that whole faith without works is dead," Twyman told reporters.

Prayer aside, some argue that there is very little the average consumer can do to influence gas prices. John Neurohr from the Center for American Progress, a liberal think tank, has a different approach to managing the high gas prices.

"There is little, if anything, the average person can do to reduce gas prices generally," Neurohr told Cybercast News Service. "What they can do is reduce their personal dependence on gasoline by carpooling and utilizing public transportation."

Whether consumers decide to pray more or pump less, it is likely that the big changes will result from incremental steps towards more consumer-friendly oil policies."


WHAT DAY IS CODEPENDANCE DAY?!?!
Title: Oil at $144 a Barrel
Post by: Friendly Bear on July 04, 2008, 07:10:57 PM
quote:
Originally posted by cannon_fodder

quote:
Originally posted by FOTD

Don't be so stupid to think their intentions did not get outa hand.....like mad men, they thought the war would be easy and they were wrong. Dead wrong.




True.  Well, actually... the war was easy.  The occupation phase is the part we screwed up and/or didn't plan for (I have some great cribs from Sun Tso that clearly no one at the pentagon read).  But the statement is true in spirit.

Either way, that does not support your conspiracy theory.  If they thought the war was going to go easy, that would have benefited oil prices as the region would be more stable and the Iraqi embargo would have been lifted.  Your theory depends on them starting a protracted war in the region to destabilize commodity prices and reduce Iraq's contribution to global supply.

The conspiracy also used to include a "war for oil" in which US oil companies extracted the reserves for our own use.  As much as I wish a variant of that was happening to pay us back for our efforts, it's not.  

The occupation was poorly planned.  The result has had a negative effect on oil prices.  Which, in turn, has been horrible for the economy and most American's pocket books.  The administration response in energy policy has been negligible.  No arguments there.



After the initial military success in our defeat of the Taliban, I suspect that Bush and Cheney saw an opportunity to get the Iraq oil OFF the market.

Yes, OFF the market.

Why?

They wanted to create more scarcity, and higher prices for the oil producers and multinational oil companies.

And, it worked beyond their wildest dreams.

Five years plus after the invasion, the level of oil production is just now reported at back to pre-war levels.



[}:)]