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Re: Another Oil price Record

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Re: Another Record

Unread 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.
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Re: Another Record

Unread 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.
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Re: Another Record

Unread 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
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Re: Another Record

Unread 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.
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Re: Another Record

Unread 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
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Re: Another Record

Unread 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.
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Re: Another Record

Unread 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....
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Re: Another Record

Unread 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
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Re: Another Record

Unread 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.
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Re: Another Record

Unread 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.
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Re: Another Record

Unread postby Dan1195 » Thu 01 Nov 2007, 11:38:33

Everything is very volatile right now. Dow is down 170 as I speak.
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Re: Another Record

Unread 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 :)
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Re: Another Record

Unread 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.
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Re: Another Record

Unread 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.


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Re: Another Record

Unread postby whereagles » Thu 01 Nov 2007, 13:51:40

that's a buy :)
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Re: Another Record

Unread 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.
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Re: Another Record

Unread 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.
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Re: Another Record

Unread 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!
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