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Oil has "peaked" price wise: down a buck twenty to $57.04

Discussion in 'Political Discussion' started by Fogbuster, Nov 17, 2008.

  1. Fogbuster

    Fogbuster Rookie

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  2. DarrylS

    DarrylS PatsFans.com Supporter PatsFans.com Supporter

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    Does that mean you have more rupees in Lithuania???
  3. Fogbuster

    Fogbuster Rookie

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    .

    Geo W Bush said, "Let's drill for our own oil instead of just buying overseas," and lo and behold, the floor fell out of the price!!


    Now, if we actually start drilling, look for good ol' $10/barrel, and 75 cents a gallon.




    :singing: ------------------- :singing: ------------------- :singing: ------------ :yeeha:


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  4. DarrylS

    DarrylS PatsFans.com Supporter PatsFans.com Supporter

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    Sounds like a fantasy to me.. George Bush should say something about Citi Bank today.. cutting 40K jobs.. amazing how one man's simple words can have such a huge effect.. either that or someone does not understand basic economics..
    Last edited: Nov 17, 2008
  5. PatriotsReign

    PatriotsReign On the Roster

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    It think that's actually 50,000 jobs slashed.
  6. DarrylS

    DarrylS PatsFans.com Supporter PatsFans.com Supporter

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    Why doesn't George say something, he is a magic man!!! Just saw another source says 53,000 jobs.. that is a lot of people thrown out of work the week before thanksgiving.
  7. Fogbuster

    Fogbuster Rookie

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    Three words: Barney, Chris, and Jimmecahta.



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  8. DarrylS

    DarrylS PatsFans.com Supporter PatsFans.com Supporter

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    So George is not a magic man??
  9. Fogbuster

    Fogbuster Rookie

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    .

    [size=+5] Drill, baby, drill!!!! [/size]



    :yeeha: ------------------- :singing: ------------------------ :yeeha:



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  10. DarrylS

    DarrylS PatsFans.com Supporter PatsFans.com Supporter

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    You never answered how do you feel about Jim Jones 30th anniversary???
  11. Fogbuster

    Fogbuster Rookie

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    Last edited: Nov 17, 2008
  12. shmessy

    shmessy Maude Staff Member PatsFans.com Supporter

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    #75 Jersey

    Big deal.

    The value of Fogbuster's statements have decreased 95% over the past year.

    Is that "victory"?
  13. Fogbuster

    Fogbuster Rookie

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    .


    You can look forward to buying gas at about $1.20-1.30 over the Christmas holiday. A little gift from Heaven.


    Don't forget to send a Christmas card to Geo W Bush for this!!!!


    :singing: ---------------- :singing: -------------------- :singing:

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  14. PatriotsReign

    PatriotsReign On the Roster

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    And how will this help the rapidly growing number of unemployed Americans?

    How will it help us economically? Do you think it will increase disposeable income? I can tell you it won't because right now, millions of Americans are falling behind on their debt. For many, their disposeable income is negative. So this will make it less negative at best. They don't have enough to cover all their bills and $10/week isn't going to change that one bit.

    So go celebrate if you think that's the right thing to do.
    Last edited: Nov 17, 2008
  15. Fogbuster

    Fogbuster Rookie

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    Most people I know are nothing but [size=+2]over-joyed[/size] at the prospects of $1.20 gas. Sure beats the hell out of $5 /gallon. Of course, if you rather still pay $5, I'm sure you can find someone who will charge you that much. :rolleyes:


    As to the problem of the economy: have you written filed your signature to have Mssrs. Dodd, Frank, Jimmy Cahta, and Wm Jefferson Blythe Clinton impeached?????

    You need to start there, as they are the epicenter of all this mess with their idiotic passage of the unpayable mortgages law, known as the CRA.

    You've heard it before, and it isn't going to go away. Better come to grips with it. The buck started with those guys. Deal with them.


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  16. PressCoverage

    PressCoverage Banned

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    it's called a "bumpy plateau," and it's well documented among anyone familiar with Peak Oil discussion (i.e., not Fog)... it's a condition that acknowledges and predicts a quick initial spike, followed by quick nosedives in demand, followed by newer spikes in price... that is, until the cliff is reached.

    sorry i missed this thread at the time. would have had fun educating the "drill-baby-drill" contingent.

    meanwhile, gas is back to $2.75 and climbing, and the International Energy Agency's latest report acknowledges a 7-9% annual rate of decline in global extraction rates.

    ah well. can't hurt to keep talking out the back of your head when you're a con man ... at this point.
    Last edited: Sep 12, 2009
  17. shmessy

    shmessy Maude Staff Member PatsFans.com Supporter

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    Hey, I was pretty funny back in those days!
  18. PatsFanInVa

    PatsFanInVa PatsFans.com Supporter PatsFans.com Supporter

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    you're only 35% more humorless than at that time, Shmessy. Nothing that can't be explained by normal swings.
  19. DarrylS

    DarrylS PatsFans.com Supporter PatsFans.com Supporter

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    Paid $2.59 a gallon yesterday, wonder what the price of heating oil will be this year???? It has fluctuated between $2.50 to $2.75 for a while now.. gotta shop around though.
  20. shmessy

    shmessy Maude Staff Member PatsFans.com Supporter

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    Disinflation.

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