[PeakOilPrincess]

$this->bbcode_second_pass_quote('chris-h', 'W')hat is going on??? elections in USA .

[Vexed]

$this->bbcode_second_pass_quote('Laughs_Last', '')$this->bbcode_second_pass_quote('TheTurtle', 'W')hen US oil production peaked in the lower 48 back in the early 70s, the price of gasoline fell significantly. I see the latest drop in prices as just an indication that oil has, indeed, peaked globally.

On the other hand, being a child of the consumer age, I am strangely compelled to now stop riding the bus and instead go buy myself a Humvee for my daily commute. Razz

[EndDays]

$this->bbcode_second_pass_quote('Golgo13', 'T')hat test in your sig is a bit dishonest, EndDays, because getting to heaven in the Christian doctrine has absolutely nothing to do with being good. "Goodness" doesn't even begin to enter the picture at any point as a criteria for admittance.

Not making it to heaven (and all it entails) is decidedly a punishment for not being Christian™.

A much more honest, direct, and concise approach would have been to simply ask if the person was Christian™ enough to go to heaven. Assuming it's even possible, that is.

$this->bbcode_second_pass_quote('Aaron', '
')Praise HawkMan

[rogerhb]

$this->bbcode_second_pass_quote('EndDays', 'C')hrist is not "religion", a belief system or a series of rituals

[Chicken_Little]

$this->bbcode_second_pass_quote('EndDays', '')$this->bbcode_second_pass_quote('Aaron', 'I')'m trying to illuminate a central component of our worldview & assumptions about our place in it.

It really matters very little which belief system you examine... at the very core of almost every ideology, there is a common idea.

And it's the message of HawkMan:

Because I can.

Without knowing it, you are almost all disciples of HawkMan.

HawkMan, Allah, Jesus, Vishnu... whatever.

[frznghost]

Gasoline is notably cheaper. Because the Martians didn't send a space vessel with a trillion barrels in the cargo hold, we'll have to look at oil demand instead. There's a lot of news lately about the economy getting weaker. Also, the summer driving season is over now. Both would count as demand erosion.

There's also some basic market sense involved, like a so-far soft hurricane season and softer geopolitical tensions.

[Golgo13]

$this->bbcode_second_pass_quote('Chicken_Little', '
')I worship Hawkman.

If anyone else does not believe in Hawkman then i have a serious problem with them.

In fact I think people who don't believe in Hawkman should be killed.

[Chicken_Little]

$this->bbcode_second_pass_quote('EndDays', '
')The universe is built on laws and this includes the moral law.

ED

[gg3]

So, ChickenLittle, EndDays is subhuman because of his religion, eh?

You do remember what happened the last time that belief system got going, don't you? Tried it last time with the Jews and it didn't work, now it's time to try it with Christians?

I see your location, "Airstrip One," which if I'm not mistaken was Orwell's name for London in 1984. You do know what happened to London in the 1940s, don't you? Got any relatives who died in the rocket bombings or on the battle fronts?

RE. "You know how ignorant you sound to someone like me?" I can guess how he sounds to you, but I'm going to tell you how you sound to me. You sound like a nazi. You sound like a nazi who's looking for another batch of scapegoats to feed to the gas chambers, or if not that grandiose, then someone you can knock over on a street corner.

By the way, if you are half way as full of hatreds as your postings indicate, probability is that such sentiments are frequently heard during your phone conversations.

In that case I have some news for you, Mr. Chicken. Not only can we recognize keywords in context, and not only can we track voiceprint by rhythmic as well as melodic markers, but we can also read emotional state by intonation and inflection, and the best part is, there is no way to beat any of it. (Go ahead, pick up your phone and say "anthrax" or "plutonium." The intercept system spits those out like a spam filter.) Your hatreds, and the objects thereof, have been duly noted. Welcome to the machine, my dude, say Hello to the folks at Bletchley, because there is a high probability that you have been logged into the database of possible terrorist threats.

Remember, "hate crime is the singular, terrorism is the plural." You'll hear that line again some day. When you do, try to avoid soiling yourself...

---

For the record, I happen to disagree with EndDays' interpretation of Christianity and I'd debate the case at length, but as Americans often say, I'll also stand up and defend his right to freedom of conscience and belief. And I have less than zero tolerance for nazis.

---

If I were a sysadmin around here I'd freeze this topic and archive it under the heading "why humans are doomed: the psychology of reactive hatreds."

[Battle_Scarred_Galactico]

The Nazis are getting very old now...

[Concerned]

$this->bbcode_second_pass_quote('rwwff', '')$this->bbcode_second_pass_quote('Fergus', 'F')or an intelligent creature, we are some of the dumbest creatures god created.

[Andrew_S]

Getting back on topic.

:yawn:

If the 200-day moving average starts dropping, wake me up.

[Concerned]

$this->bbcode_second_pass_quote('Andrew_S', 'G')etting back on topic.

:yawn:

If the 200-day moving average starts dropping, wake me up.

[BigTex]

For anyone who believes in the long term effects PO will have on the price of oil, there are some great buys out there today in some very good energy companies.

As for why the price is dropping, it's just current supply and demand, which are determined, in part, by the PERCEPTION of what near and medium term supply and demand WILL be. Rising inventories, big find in the Gulf of Mexico, Iran seems not to be completely insane, everything must be okay. Sure. Everything's fine.

Anybody seen Evil Dead II, when he's looking in the mirror trying to convince himself everything is okay. His reflection reaches through the mirror and tries to choke him to death.

We'll get back to reality after the U.S. elections in November.

[TWilliam]

$this->bbcode_second_pass_quote('gg3', '
')---

For the record, I happen to disagree with EndDays' interpretation of Christianity and I'd debate the case at length, but as Americans often say, I'll also stand up and defend his right to freedom of conscience and belief. And I have less than zero tolerance for nazis.

---

[rwwff]

$this->bbcode_second_pass_quote('TWilliam', 'O')h and incidentally, far more people have died at the hands of hateful bigoted Christians than Hitler ever dreamed of eradicating...

[Andrew_S]

321 energy says:

$this->bbcode_second_pass_quote('', 'L')ight Sweet Crude Oil 01:29 pm
$65.85 $0.55 0.835% 12 (vl)
Brent Crude Oil 01:30 pm
$77.21 $0.00 0.000% 4 (vl)

[shortonoil]

.

What is all this talk about prices going down? Diesel hasn’t gone down, kerosene hasn’t gone down, jet fuel hasn’t changed and neither has propane or heating oil, gas has moved down about 35 cents. Some one will drop a bomb on somebody else, a tanker will ground, Asser WhatEverHisName will get assassinated, or someone will fart on the Chicago Commodities Exchange, and crude prices will spiral back up. Its just the times, and those are Peak Oil!

.

[o2ny]

Maybe it's time for a point-by-point dissection of the falling oil price to see if we can come to a rational conclusion:

Seasonal:

- Hurricane season a bust
- Summer driving season over
- Winter heating oil not yet in demand

Geo-political

- Iran calming down*
- No major pipeline bombings/supply disruptions

Supply/demand:

- Chevron's "big" discovery in the gulf
- Economy looking sluggish
- Recession may be coming thanks to housing deflation

I'm sure more can be added to this list, but in my mind these are the major price drivers right now.

In regards to Iran- I'm thinking the White House may have toned down the rhetoric lately in order to precipitate a drop in the oil price before mid-terms. The 'tough talk' is likely to begin again in mid-November.

Personally I'm thinking oil may be oversold (or at least is close). This decline has been the longest period it seems where we've only had *good news* - the gulf discovery, Prudhoe bay coming back, rising inventories, Iran tensions easing... it seemed like all spring/summer we were hearing once a week about pipelines exploding, Nigeria in chaos, Iran making threats, fields declining, China's voracious demand, etc. It's a winning streak that can't continue much longer... the geo-political fundamentals haven't changed, nor have the geological fundamentals. I'm really getting more and more suspicious about this drop being tied to mid-terms.

Also- from a sheer psychological perpsective- when everyone goes into 'doom & gloom' mode that's usually a good time to buy. Seems like most of the analysts are getting very bearish right now...

[americandream]

Lol.....the power of the system is in it's inherent contradictions. Numero Uno...is the sight of these Americans in here with nothing to do but shoot the breeze, wait for Armageddon, and chew the fat...all the while polishing the chrome on the truck out back.

Errr......the system's gonna topple over dudes...not yet tho. Wait a while till all 6 billion are shooting the breeze, waiting for blahdy de blah, an chewing the chuck steak......but then all of the world will be so buggered up I reckon no one's likely to notice cept a few computer nerds.