| Topic: |
Religions > Atheism |
| User: |
"maff" |
| Date: |
02 Jun 2004 04:31:47 AM |
| Object: |
OT: Oil price soars to new high |
Oil price soars to new high
http://www.guardian.co.uk/business/story/0,3604,1229450,00.html
Fear of political backlash as cost of petrol set to rise over summer
Larry Elliott, economics editor
Wednesday June 2, 2004
The Guardian
The United States and Britain were last night putting pressure on the
oil cartel Opec to lift production quotas at its meeting in Beirut
tomorrow as the west's leading countries took fright at an economic
and political backlash from record oil prices.
Some garages in the UK were charging £4 a gallon for petrol yesterday
even before the shockwaves from the weekend terrorist attack in Saudi
Arabia sent the cost of crude to a record $42 a barrel in New York.
Larry Elliott
http://groups.google.com/groups?hl=en&lr=&ie=UTF-8&oe=UTF-8&selm=18510aff.0311140421.250920d8%40posting.google.com
OPEC
http://news.google.com/news?num=100&hl=en&lr=&ie=UTF-8&oe=UTF-8&q=OPEC&sa=N&tab=gn
http://www.google.com/search?num=100&hl=en&ie=UTF-8&oe=UTF-8&q=OPEC&sa=N&tab=nw
http://www.google.com/search?num=100&hl=en&lr=&ie=UTF-8&oe=UTF-8&q=OPEC&sa=N&tab=wd&cat=gwd%2FTop
http://groups.google.com/groups?as_q=OPEC&safe=images&ie=UTF-8&oe=UTF-8&as_scoring=d&lr=&num=100&hl=en
oil
http://news.google.com/news?num=100&hl=en&lr=&ie=UTF-8&oe=UTF-8&q=OPEC&sa=N&tab=gn
http://www.google.com/search?num=100&hl=en&ie=UTF-8&oe=UTF-8&q=oil&sa=N&tab=nw
http://www.google.com/search?num=100&hl=en&lr=&ie=UTF-8&oe=UTF-8&q=oil&sa=N&tab=wd&cat=gwd%2FTop
http://groups.google.com/groups?as_q=oil&safe=images&ie=UTF-8&oe=UTF-8&as_scoring=d&lr=&num=100&hl=en
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| User: "Goodness Godless" |
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| Title: Re: Oil price soars to new high |
02 Jun 2004 06:12:50 AM |
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"maff" <maff91@yahoo.com> wrote in message
news:18510aff.0406020131.4170f2a4@posting.google.com...
Oil price soars to new high
http://www.guardian.co.uk/business/story/0,3604,1229450,00.html
Fear of political backlash as cost of petrol set to rise over summer
Larry Elliott, economics editor
Wednesday June 2, 2004
The Guardian
The United States and Britain were last night putting pressure on the
oil cartel Opec to lift production quotas at its meeting in Beirut
tomorrow as the west's leading countries took fright at an economic
and political backlash from record oil prices.
Some garages in the UK were charging £4 a gallon for petrol yesterday
even before the shockwaves from the weekend terrorist attack in Saudi
Arabia sent the cost of crude to a record $42 a barrel in New York.
Well, who is going to blink first?
I agree with OPEC. Has there suddenly been an increase in
oil consumption? NO.
The Stockbroker are playing their money spinning Game.
Blame 'underproduction' rather than 'hording' for the problem.
No! OPEC should ride out the storm. If they do not and listen to
the market-manipulators the will find in a month or two that
their is a glut.
--
Anyone who is not shocked by quantum theory has not understood it.
Niels Bohr
Goodness Godless
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| User: "Elroy Willis" |
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| Title: Re: Oil price soars to new high |
02 Jun 2004 08:30:45 AM |
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Goodness Godless <goodness@godless.net> wrote in alt.atheism
maff <maff91@yahoo.com> wrote in message
Oil price soars to new high
http://www.guardian.co.uk/business/story/0,3604,1229450,00.html
Fear of political backlash as cost of petrol set to rise over summer
Larry Elliott, economics editor
Wednesday June 2, 2004
The Guardian
The United States and Britain were last night putting pressure on the
oil cartel Opec to lift production quotas at its meeting in Beirut
tomorrow as the west's leading countries took fright at an economic
and political backlash from record oil prices.
Some garages in the UK were charging £4 a gallon for petrol yesterday
even before the shockwaves from the weekend terrorist attack in Saudi
Arabia sent the cost of crude to a record $42 a barrel in New York.
Well, who is going to blink first?
I agree with OPEC. Has there suddenly been an increase in
oil consumption? NO.
What do you think fuels the USA war machines and ever-increasing
SUV's in the USA? Water?
--
Elroy Willis
EAP Chief Editor and Newshound
http://web2.airmail.net/~elo/news
.
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| User: "Goodness Godless" |
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| Title: Re: Oil price soars to new high |
06 Jun 2004 07:04:52 PM |
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"Elroy Willis" <elo@airmail.net> wrote in message
news:81prb0hkgki9mdphkkvi2dh20v94ppklg9@4ax.com...
Goodness Godless <goodness@godless.net> wrote in alt.atheism
maff <maff91@yahoo.com> wrote in message
Oil price soars to new high
http://www.guardian.co.uk/business/story/0,3604,1229450,00.html
Fear of political backlash as cost of petrol set to rise over summer
Larry Elliott, economics editor
Wednesday June 2, 2004
The Guardian
The United States and Britain were last night putting pressure on the
oil cartel Opec to lift production quotas at its meeting in Beirut
tomorrow as the west's leading countries took fright at an economic
and political backlash from record oil prices.
Some garages in the UK were charging £4 a gallon for petrol yesterday
even before the shockwaves from the weekend terrorist attack in Saudi
Arabia sent the cost of crude to a record $42 a barrel in New York.
Well, who is going to blink first?
I agree with OPEC. Has there suddenly been an increase in
oil consumption? NO.
What do you think fuels the USA war machines and ever-increasing
SUV's in the USA? Water?
You know, I have a feeling you are right.
SUV's no! they were there before. But the US war
machine, gosh, now I did not know how environmentally
unfriendly they were!!
Makes sence now that OPEC *now decides to have more production.
--
Anyone who is not shocked by quantum theory has not understood it.
Niels Bohr
Goodness Godless
--
Elroy Willis
EAP Chief Editor and Newshound
http://web2.airmail.net/~elo/news
.
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| User: "Spooked " |
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| Title: Re: Oil price soars to new high |
06 Jun 2004 07:20:27 PM |
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"Goodness Godless" <goodness@godless.net> wrote:
"Elroy Willis" <elo@airmail.net> wrote in message
news:81prb0hkgki9mdphkkvi2dh20v94ppklg9@4ax.com...
Goodness Godless <goodness@godless.net> wrote in alt.atheism
maff <maff91@yahoo.com> wrote in message
Oil price soars to new high
http://www.guardian.co.uk/business/story/0,3604,1229450,00.html
Some garages in the UK were charging £4 a gallon for petrol yesterday
even before the shockwaves from the weekend terrorist attack in Saudi
Arabia sent the cost of crude to a record $42 a barrel in New York.
Well, who is going to blink first?
I agree with OPEC. Has there suddenly been an increase in
oil consumption? NO.
What do you think fuels the USA war machines and ever-increasing
SUV's in the USA? Water?
You know, I have a feeling you are right.
SUV's no! they were there before. But the US war
machine, gosh, now I did not know how environmentally
unfriendly they were!!
Makes sence now that OPEC *now decides to have more production.
During the summer months, fuel consumption is always higher, as are
the prices. Beside the point, illicit drug consumption/street price
is always higher during these months as well.
Rather than supply and demand, it's "stick it to 'em when they'll pay
more".
.
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| User: "Goodness Godless" |
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| Title: Re: Oil price soars to new high |
06 Jun 2004 07:38:17 PM |
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<Spooked> wrote in message
news:rpc7c053ildjdl2d2qd92h6ubjktk8qo23@4ax.com...
"Goodness Godless" <goodness@godless.net> wrote:
"Elroy Willis" <elo@airmail.net> wrote in message
news:81prb0hkgki9mdphkkvi2dh20v94ppklg9@4ax.com...
Goodness Godless <goodness@godless.net> wrote in alt.atheism
maff <maff91@yahoo.com> wrote in message
Oil price soars to new high
http://www.guardian.co.uk/business/story/0,3604,1229450,00.html
Some garages in the UK were charging £4 a gallon for petrol
yesterday
even before the shockwaves from the weekend terrorist attack in
Saudi
Arabia sent the cost of crude to a record $42 a barrel in New York.
Well, who is going to blink first?
I agree with OPEC. Has there suddenly been an increase in
oil consumption? NO.
What do you think fuels the USA war machines and ever-increasing
SUV's in the USA? Water?
You know, I have a feeling you are right.
SUV's no! they were there before. But the US war
machine, gosh, now I did not know how environmentally
unfriendly they were!!
Makes sence now that OPEC *now decides to have more production.
During the summer months, fuel consumption is always higher, as are
the prices. Beside the point, illicit drug consumption/street price
is always higher during these months as well.
Rather than supply and demand, it's "stick it to 'em when they'll pay
more".
Yes, and that is what I was saying *originally. The problem is
the US war machine *actually is rather uneconomical on fuel.
And they are one of the *bigger consumers.
Somewhere I heard that they were responcible for
a fifth of the USA's oil consumption.
More than just a lot!
--
Anyone who is not shocked by quantum theory has not understood it.
Niels Bohr
Goodness Godless
.
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| User: "Spooked " |
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| Title: Re: Oil price soars to new high |
06 Jun 2004 08:14:15 PM |
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"Goodness Godless" <goodness@godless.net> wrote:
<Spooked> wrote in message
news:rpc7c053ildjdl2d2qd92h6ubjktk8qo23@4ax.com...
"Goodness Godless" <goodness@godless.net> wrote:
"Elroy Willis" <elo@airmail.net> wrote in message
news:81prb0hkgki9mdphkkvi2dh20v94ppklg9@4ax.com...
Goodness Godless <goodness@godless.net> wrote in alt.atheism
I agree with OPEC. Has there suddenly been an increase in
oil consumption? NO.
What do you think fuels the USA war machines and ever-increasing
SUV's in the USA? Water?
You know, I have a feeling you are right.
SUV's no! they were there before. But the US war
machine, gosh, now I did not know how environmentally
unfriendly they were!!
Makes sence now that OPEC *now decides to have more production.
During the summer months, fuel consumption is always higher, as are
the prices. Beside the point, illicit drug consumption/street price
is always higher during these months as well.
Rather than supply and demand, it's "stick it to 'em when they'll pay
more".
Yes, and that is what I was saying *originally. The problem is
the US war machine *actually is rather uneconomical on fuel.
And they are one of the *bigger consumers.
Somewhere I heard that they were responcible for
a fifth of the USA's oil consumption.
More than just a lot!
True. But the point remains that there are four fiths more that you
aren't addressing.
I was referring to your more recent statements:
I agree with OPEC. Has there suddenly been an increase in
oil consumption? NO.
and
Makes sence now that OPEC *now decides to have more production.
.
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| User: "Elroy Willis" |
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| Title: Re: Oil price soars to new high |
07 Jun 2004 10:52:30 AM |
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Spooked <> wrote in alt.atheism
Goodness Godless <goodness@godless.net> wrote:
Elroy Willis <elo@airmail.net> wrote in message
What do you think fuels the USA war machines and ever-increasing
SUV's in the USA? Water?
You know, I have a feeling you are right.
In part, perhaps.
SUV's no! they were there before.
If an SUV weighs more than xxxx pounds, you can write it
off on your taxes, according to some reports I saw about the
US tax codes recently. I can't remember exactly how many pounds
the xxxx is. A hummer would qualify, iirc.
But the US war machine, gosh, now I did not know how
environmentally unfriendly they were!!
What did you think, actually?
Makes sence now that OPEC *now decides to have more production.
I wonder when the US will ever tap into our own local reserves instead
of relying on some other country to do it? I guess we're trying to
hoard our local reserves in case of an even bigger emergency or
something like that.
--
Elroy Willis
EAP Chief Editor and Newshound
http://web2.airmail.net/~elo/news
.
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| User: "Goodness Godless" |
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| Title: Re: Oil price soars to new high |
08 Jun 2004 03:57:22 PM |
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"Elroy Willis" <elo@airmail.net> wrote in message
news:g039c0heddn69ppk13dbiof2rkeh9b408b@4ax.com...
Spooked <> wrote in alt.atheism
Goodness Godless <goodness@godless.net> wrote:
Elroy Willis <elo@airmail.net> wrote in message
What do you think fuels the USA war machines and ever-increasing
SUV's in the USA? Water?
You know, I have a feeling you are right.
In part, perhaps.
SUV's no! they were there before.
If an SUV weighs more than xxxx pounds, you can write it
off on your taxes, according to some reports I saw about the
US tax codes recently. I can't remember exactly how many pounds
the xxxx is. A hummer would qualify, iirc.
But the US war machine, gosh, now I did not know how
environmentally unfriendly they were!!
What did you think, actually?
I thought that less than half a million troops
would require a such a big an increase in
oil consumption.
I thing I was wrong.
Makes sence now that OPEC *now decides to have more production.
I wonder when the US will ever tap into our own local reserves instead
of relying on some other country to do it? I guess we're trying to
hoard our local reserves in case of an even bigger emergency or
something like that.
--
Elroy Willis
EAP Chief Editor and Newshound
http://web2.airmail.net/~elo/news
.
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| User: "Meteorite Debris" |
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| Title: Re: Oil price soars to new high |
08 Jun 2004 03:08:37 AM |
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On Mon, 07 Jun 2004 15:52:30 GMT the ET form known as Elroy
Willis<elo@airmail.net> sent a radio signal across the vast expanse of
deep space -._.--._.--._.--._.--._.--._.
Spooked <> wrote in alt.atheism
Goodness Godless <goodness@godless.net> wrote:
Elroy Willis <elo@airmail.net> wrote in message
What do you think fuels the USA war machines and ever-increasing
SUV's in the USA? Water?
You know, I have a feeling you are right.
In part, perhaps.
SUV's no! they were there before.
If an SUV weighs more than xxxx pounds, you can write it
off on your taxes, according to some reports I saw about the
US tax codes recently. I can't remember exactly how many pounds
the xxxx is. A hummer would qualify, iirc.
But the US war machine, gosh, now I did not know how
environmentally unfriendly they were!!
What did you think, actually?
Makes sence now that OPEC *now decides to have more production.
I wonder when the US will ever tap into our own local reserves instead
of relying on some other country to do it? I guess we're trying to
hoard our local reserves in case of an even bigger emergency or
something like that.
US production has been in decline since 1970 for reasons of geology,
almost exactly as predicted by M. King Hubbert in 1956. The US started
off with around 200 billion barrels of oil and now has about 26
billion left and depletes this at about 6% a year. Each year year that
6% is smaller so production is in terminal decline. See the ASPO
newsletter of November 2002
<http://www.asponews.org/ASPO.newsletter.023.php#109>. Note there is
an error in one of the tables. The mid point depletion date is 1973
not 2003.
The US oil production peak in 1970 came about 40 years after the US
oil discovery peak in 1930. Global oil discovery peaked in 1962 and
global oil production will peak......soon. $40 a barrel now is CHEAP.
Recent newsletters and work by energy investment advisor Matt Simmons
suggest that Saudi Arabia has inflated reserve figures and has much
less in spare capacity than its' PR (but not its' petroleum engineers)
claim. This is bad news. Global peak is expect 2007-2010.
--
epicurus1*at*optusnet*dot*com*dot*au
apatriot #1, atheist #1417,
Chief EAC prophet -
Evil Atheist Conspiracy
http://members.optusnet.com.au/~pk1956/
"Properly read, the Bible is the most potent force for atheism ever
conceived." - Isaac Asimov
Fingerprint for PGP Keys at key server or go to
http://members.optusnet.com.au/~pk1956/
RSA - 71 BA 7C 45 B5 4A 5F EA 72 DB EC 7F 7F A8 70 99
DSS - 9217 21A9 9C3F EB0B E302 AD0E 69C5 0F06 402E 0943
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| User: "JTEM" |
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| Title: Re: Oil price soars to new high |
08 Jun 2004 02:18:43 AM |
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"Meteorite Debris" <abuse@yahoo.com> wrote
The US oil production peak in 1970 came about 40 years after the US
oil discovery peak in 1930. Global oil discovery peaked in 1962 and
global oil production will peak......soon. $40 a barrel now is CHEAP.
Looks like Saudi Arabia will need a new source of revenue.
Say, you don't know any Presidents of a superpower that they own and
could use to capture them a new supply?
Oops, no, that was too soon.
They haven't "Accidentally" fucked things up in Iraq enough to turn
to an "Arab-Lead Solution." At the current rate, we're still at least a
year away from them *Suddenly* hitting on that idea...
.
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| User: "maff" |
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| Title: Re: OT: Oil price soars to new high |
08 Jun 2004 03:37:36 AM |
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(maff) wrote in message news:<18510aff.0406020131.4170f2a4@posting.google.com>...
Oil price soars to new high
http://www.guardian.co.uk/business/story/0,3604,1229450,00.html
Fear of political backlash as cost of petrol set to rise over summer
Larry Elliott, economics editor
Wednesday June 2, 2004
The Guardian
The United States and Britain were last night putting pressure on the
oil cartel Opec to lift production quotas at its meeting in Beirut
tomorrow as the west's leading countries took fright at an economic
and political backlash from record oil prices.
Some garages in the UK were charging £4 a gallon for petrol yesterday
even before the shockwaves from the weekend terrorist attack in Saudi
Arabia sent the cost of crude to a record $42 a barrel in New York.
Larry Elliott
http://groups.google.com/groups?hl=en&lr=&ie=UTF-8&oe=UTF-8&selm=18510aff.0311140421.250920d8%40posting.google.com
OPEC
http://news.google.com/news?num=100&hl=en&lr=&ie=UTF-8&oe=UTF-8&q=OPEC&sa=N&tab=gn
http://www.google.com/search?num=100&hl=en&ie=UTF-8&oe=UTF-8&q=OPEC&sa=N&tab=nw
http://www.google.com/search?num=100&hl=en&lr=&ie=UTF-8&oe=UTF-8&q=OPEC&sa=N&tab=wd&cat=gwd%2FTop
http://groups.google.com/groups?as_q=OPEC&safe=images&ie=UTF-8&oe=UTF-8&as_scoring=d&lr=&num=100&hl=en
oil
http://news.google.com/news?num=100&hl=en&lr=&ie=UTF-8&oe=UTF-8&q=oil&sa=N&tab=gn
http://www.google.com/search?num=100&hl=en&ie=UTF-8&oe=UTF-8&q=oil&sa=N&tab=nw
http://www.google.com/search?num=100&hl=en&lr=&ie=UTF-8&oe=UTF-8&q=oil&sa=N&tab=wd&cat=gwd%2FTop
http://groups.google.com/groups?as_q=oil&safe=images&ie=UTF-8&oe=UTF-8&as_scoring=d&lr=&num=100&hl=en
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