RossValoryRocks wrote:Rick wrote:RossValoryRocks wrote:Rick wrote:RossValoryRocks wrote:Rick wrote:If your going to call me an ignoramus, please try to spell it right.
I didn't say we get most of our oil from Afghanistan or Iraq. I said we get most of our oil from Arabic nations. They collectively export more oil to the U.S. than any non Arabic nation. Afghanistan has oil pipelines all over the country. We don't get it directly from Afghanistan, but it plays a big roll in the oil industry. It's widely speculated that the war in Afghanistan is oil related.
Sorry was typing fast prior to heading to a meeting.
Now for you assertation...did you even look at the numbers I gave the link to?
Speculation in the market drove up oil prices, with demand from China and India providing help.
Now...lets keep it on track...Bush has nothing to do with the price of oil being so high. PERIOD.
That's your opinion. I disagree. You believe what you want, and I'll do the same.
At least my beliefs in this regard are based on FACTS and not some kind of pie in the sky hate for the President, and grounded in REALITY.
Facts? They tell you things, or you even read things and you believe them, so they're facts. The fact is, you don't have any more hard proof than I do. Neither you nor I know what went on behind closed doors between the President and his cabinet. We just know what they told us. And I don't hate anyone.
Dickweed...you base your entire argument on the fact we get most of our oil out the middle east, and said because Bush is "friends" with the powers that be there he helped ratchet up the price. My numbers come straight for the Department of Energy and tell a much different story.
You have NO FACTS. I do. You cannot prove your assertation, I can prove mine. I win...you lose. Now go cry a bit, you will feel better I am sure. It's not your fault I kicked your ass on the oil thing, I grew up in "Big Oil" as everyone puts it and I understand the dynamics a bit better.
Oh and I don't buy conspiracy theories.
Honestly, Stu....I've heard this argument from one too many people. About all sorts of things. While this may be true, I still don't understand the whole supply and demand thing.
Let me try to explain it the way I see it: No matter how much oil is available the oil companies still want to make the same amount of money?
If They want to make their 2000 per cent profit, they need to price 10,000 barrels the same as 3,000?
If only 3,000 barrels are available - they need to raise the price to get the same amount of profit as if there were 10,000 barrels(which would be at a lower amount per barrel)?
I don't really get it. If there are only 3,000 barrels, tough shit for the oil company....