Peak Oil
Donate Bitcoin

Donate Paypal


PeakOil is You

PeakOil is You

Re: Another Oil price Record

What's on your mind?
General interest discussions, not necessarily related to depletion.
Topic locked

Re: Another Record

Postby something_awfull » Thu 01 Nov 2007, 01:07:58

geez, hovering around $96. Petrol prices in Australia haven't really changed to reflect this yet, when is really strange for them, they normally have teams of people with sticks changing petrol prices almost as fast as the crude price changed.

I think its partly because of the strong aussie dollar (or weak greenback) and the fact that the government has been threatening an inquisition on oil companies for gouging and price colusion. It can't last, sooner or later the pump price will jump dramatically. $2.00+/l by xmas, ouch.
User avatar
something_awfull
Lignite
Lignite
 
Posts: 264
Joined: Sat 13 Aug 2005, 03:00:00
Location: Sydney, Australia.
Top

Re: Another Record

Postby Bas » Thu 01 Nov 2007, 01:17:10

$this->bbcode_second_pass_quote('something_awfull', 'g')eez, hovering around $96. Petrol prices in Australia haven't really changed to reflect this yet, when is really strange for them, they normally have teams of people with sticks changing petrol prices almost as fast as the crude price changed.

I think its partly because of the strong aussie dollar (or weak greenback) and the fact that the government has been threatening an inquisition on oil companies for gouging and price colusion. It can't last, sooner or later the pump price will jump dramatically. $2.00+/l by xmas, ouch.


yeah, that threat by mrs. Clinton to nationalize the whole thing really did it's work I think.
Bas
 
Top

Re: Another Record

Postby Starvid » Thu 01 Nov 2007, 01:25:46

$this->bbcode_second_pass_quote('Bas', '')$this->bbcode_second_pass_quote('something_awfull', 'g')eez, hovering around $96. Petrol prices in Australia haven't really changed to reflect this yet, when is really strange for them, they normally have teams of people with sticks changing petrol prices almost as fast as the crude price changed.

I think its partly because of the strong aussie dollar (or weak greenback) and the fact that the government has been threatening an inquisition on oil companies for gouging and price colusion. It can't last, sooner or later the pump price will jump dramatically. $2.00+/l by xmas, ouch.


yeah, that threat by mrs. Clinton to nationalize the whole thing really did it's work I think.

She did WHAT?! :shock: :-x
Peak oil is not an energy crisis. It is a liquid fuel crisis.
User avatar
Starvid
Intermediate Crude
Intermediate Crude
 
Posts: 3021
Joined: Sun 20 Feb 2005, 04:00:00
Location: Uppsala, Sweden
Top

Re: Another Record

Postby Zardoz » Thu 01 Nov 2007, 01:29:18

$this->bbcode_second_pass_quote('Bas', '.')..yeah, that threat by mrs. Clinton to nationalize the whole thing really did it's work I think.

This is news to me. Please clarify.
"Thank you for attending the oil age. We're going to scrape what we can out of these tar pits in Alberta and then shut down the machines and turn out the lights. Goodnight." - seldom_seen
User avatar
Zardoz
Expert
Expert
 
Posts: 6323
Joined: Fri 02 Dec 2005, 04:00:00
Location: Oil-addicted Southern Californucopia
Top

Re: Another Record

Postby Bas » Thu 01 Nov 2007, 01:34:06

$this->bbcode_second_pass_quote('Zardoz', '')$this->bbcode_second_pass_quote('Bas', '.')..yeah, that threat by mrs. Clinton to nationalize the whole thing really did it's work I think.

This is news to me. Please clarify.


ok, maybe it's just a rumor I heard about 6 months ago; here's a google search:

Google search
Bas
 
Top

Re: Another Record

Postby Zardoz » Thu 01 Nov 2007, 01:51:38

$this->bbcode_second_pass_quote('Bas', 'o')k, maybe it's just a rumor I heard about 6 months ago; here's a google search:

Google search

Oh. One poorly-worded line from her, and the right-wing bloggers went into a slobbering, shrieking, hysterical frenzy. It was just them, you'll notice. It appears they picked it up from each other, which is not unusual. I went way down the Google list, and not one real news organization even mentioned it, as far as I can tell.

No, she has no plans to nationalize the oil industry.
"Thank you for attending the oil age. We're going to scrape what we can out of these tar pits in Alberta and then shut down the machines and turn out the lights. Goodnight." - seldom_seen
User avatar
Zardoz
Expert
Expert
 
Posts: 6323
Joined: Fri 02 Dec 2005, 04:00:00
Location: Oil-addicted Southern Californucopia
Top

Re: Another Record

Postby Bas » Thu 01 Nov 2007, 01:54:57

"I want to take those profits" yeah....

I'm not sure where I picked it up either, probably during the price gauging hearings....
Bas
 
Top

Re: Another Record

Postby Revi » Thu 01 Nov 2007, 09:57:22

I love the reasons for high oil prices given in this article. Not much on low supplies. Mostly they blame the Turks.

http://news.bbc.co.uk/1/hi/business/7048600.stm
Deep in the mud and slime of things, even there, something sings.
User avatar
Revi
Light Sweet Crude
Light Sweet Crude
 
Posts: 7417
Joined: Mon 25 Apr 2005, 03:00:00
Location: Maine
Top

Re: Another Record

Postby Eli » Thu 01 Nov 2007, 10:27:53

She said in the most recent debate the first thing she would do is seize 5billion in profits from the oil companies.
User avatar
Eli
Intermediate Crude
Intermediate Crude
 
Posts: 3709
Joined: Sat 18 Jun 2005, 03:00:00
Location: In a van down by the river
Top

Re: Another Record

Postby Armageddon » Thu 01 Nov 2007, 11:05:10

She wants to be a dictator. Bush has all the dictatorial laws in place and she will inherit them. Marshall law and dictatorial ship is right around the corner.
User avatar
Armageddon
Light Sweet Crude
Light Sweet Crude
 
Posts: 7450
Joined: Wed 13 Apr 2005, 03:00:00
Location: St.Louis, Mo
Top

Re: Another Record

Postby Dan1195 » Thu 01 Nov 2007, 11:38:33

Everything is very volatile right now. Dow is down 170 as I speak.
User avatar
Dan1195
Lignite
Lignite
 
Posts: 277
Joined: Sat 19 Mar 2005, 04:00:00
Top

Re: Another Record

Postby whereagles » Thu 01 Nov 2007, 13:00:05

Volatility is great for making money. You "just" have to do a couple right guesses and it's big bux. In the oil business, this isn't even very hard to do. Just keep an eye on Dante's news flashes :)
User avatar
whereagles
Tar Sands
Tar Sands
 
Posts: 586
Joined: Wed 17 Aug 2005, 03:00:00
Location: Portugal
Top

Re: Another Record

Postby Tanada » Thu 01 Nov 2007, 13:22:49

$this->bbcode_second_pass_quote('Bas', '"')I want to take those profits" yeah....

I'm not sure where I picked it up either, probably during the price gauging hearings....


In the Dem debate Tuesday night she said she would seize 10 Billion in unfair profits.
$this->bbcode_second_pass_quote('Alfred Tennyson', 'W')e are not now that strength which in old days
Moved earth and heaven, that which we are, we are;
One equal temper of heroic hearts,
Made weak by time and fate, but strong in will
To strive, to seek, to find, and not to yield.
Tanada
Site Admin
Site Admin
 
Posts: 17094
Joined: Thu 28 Apr 2005, 03:00:00
Location: South West shore Lake Erie, OH, USA
Top

Re: Another Record

Postby DantesPeak » Thu 01 Nov 2007, 13:33:10

$this->bbcode_second_pass_quote('whereagles', 'V')olatility is great for making money. You "just" have to do a couple right guesses and it's big bux. In the oil business, this isn't even very hard to do. Just keep an eye on Dante's news flashes :)



Well here is a news flash, PEMEX is having trouble getting restarted. Total lost production may now exceed 3 million barrels, and may be near 4 million.

$this->bbcode_second_pass_quote('', 'M')exico's Pajaritos Oil Port Remains Shut, May Open At Midday

DOW JONES NEWSWIRES
November 1, 2007 12:21 p.m.

MEXICO CITY (Dow Jones)--Mexico's Pajaritos oil port in the Gulf of Mexico remained shut Thursday morning due to bad weather, but could reopen at midday if the weather improves, said a port official.

Mexico's other oil ports in the Gulf of Mexico, Dos Bocas and Cayo Arcas, reopened earlier in the week. Cayo Arcas, which exports 800,000 barrels a day, is the largest of the three ports, according to Petroleos Mexicanos officials.

This week Mexican state oil monopoly Petroleos Mexicanos was forced to shut in over 1 million barrels a day in output because it ran out of storage space due to the shipping halt. Pemex said it resumed production on Wednesday.


Dow Jones
subscription may be required
It's already over, now it's just a matter of adjusting.
User avatar
DantesPeak
Expert
Expert
 
Posts: 6277
Joined: Sat 23 Oct 2004, 03:00:00
Location: New Jersey
Top

Re: Another Record

Postby whereagles » Thu 01 Nov 2007, 13:51:40

that's a buy :)
User avatar
whereagles
Tar Sands
Tar Sands
 
Posts: 586
Joined: Wed 17 Aug 2005, 03:00:00
Location: Portugal
Top

Re: Another Record

Postby Starvid » Thu 01 Nov 2007, 16:20:07

$this->bbcode_second_pass_quote('Tanada', '')$this->bbcode_second_pass_quote('Bas', '"')I want to take those profits" yeah....

I'm not sure where I picked it up either, probably during the price gauging hearings....


In the Dem debate Tuesday night she said she would seize 10 Billion in unfair profits.
Maybe take the money from the companies with the fattest margins instead of the oilcos? Like Google or Microsoft?

Or maybe from the 1 % of the US population which is capturing 46 % of all US income?

But oh no, assault the evil oilcos...

I sure hope she doesn't drive a car, the hypocrite.
Peak oil is not an energy crisis. It is a liquid fuel crisis.
User avatar
Starvid
Intermediate Crude
Intermediate Crude
 
Posts: 3021
Joined: Sun 20 Feb 2005, 04:00:00
Location: Uppsala, Sweden
Top

Re: Another Record

Postby Zardoz » Thu 01 Nov 2007, 17:19:56

$this->bbcode_second_pass_quote('Tanada', '.')..In the Dem debate Tuesday night she said she would seize 10 Billion in unfair profits.

As if she could. A calculated bit of crap intended to endear herself to those voters who think rising energy prices are purely the fault of the greedy oil industry. There are a lot of those people, you know. She probably bought herself quite a few votes by saying that.
"Thank you for attending the oil age. We're going to scrape what we can out of these tar pits in Alberta and then shut down the machines and turn out the lights. Goodnight." - seldom_seen
User avatar
Zardoz
Expert
Expert
 
Posts: 6323
Joined: Fri 02 Dec 2005, 04:00:00
Location: Oil-addicted Southern Californucopia
Top

Re: Another Record

Postby peak » Fri 02 Nov 2007, 01:23:17

Taking profits from oil companies? Dow is down 360 with some of the blame to Exxon Mobil. Yes, take profits from oil companies so oil company stocks plunge and another black monday comes! Vote for Hilary so the U.S. economy goes downhill!! please!! I don't want to live in the U.S. anymore!
User avatar
peak
Peat
Peat
 
Posts: 60
Joined: Sun 21 Aug 2005, 03:00:00
Top
PreviousNext
Topic locked

Return to Open Topic Discussion

Who is online

Users browsing this forum: No registered users and 2 guests