Re: Stupidity on steroids

On May 16, 5:15=A0pm, The Trucker <mik...@[EMAIL PROTECTED]
> wrote:
> On Fri, 16 May 2008 12:34:40 -0700, BurtonUrny wrote:
> > On May 15, 9:35=A0pm, The Trucker <mik...@[EMAIL PROTECTED]
> wrote:
> >> On Thu, 15 May 2008 17:13:53 -0700, Captain Compassion wrote:
> >> > On Thu, 15 May 2008 16:43:11 -0700, The Trucker
<mik...@[EMAIL PROTECTED]
>
> >> > wrote:
>
> >> >>On Thu, 15 May 2008 20:16:39 +0000, Econotron wrote:
>
> >> >>> "The Trucker" <mik...@[EMAIL PROTECTED]
> wrote in message
> >> >>>news:pan.2008.05.15.19.28.30.119710@[EMAIL PROTECTED]
>
> >> >>>> Would anyone like to offer a rational explanation of why we
would =
pump
> >> >>>> 70,000 barrels of oil per day out of North Slope, ****p it to
Texas=
, and
> >> >>>> pump it back into the ground?
>
> >> >>> [snip]
>
> >> >>> The only explanation I have got is that it sets a negotiating
posit=
ion for
> >> >>> the next Congress' action. Because, as soon as SPR resolution
takes=
 effect
> >> >>> and oil prices continue to rise or stay the same, the next
proposal=
 will be
> >> >>> releasing those reserves, as some already suggest.
>
> >> >>That non answer makes no sense. =A0The question is quite broad and
th=
e
> >> >>answer (if there is one) can also be quite broad. =A0I think I know
o=
ne
> >> >>_possible_ legitimate answer. but it may not be adequate either.
>
> >> >>However... =A0The release of those reserves might dramatically
reduce=
 the
> >> >>price of oil on world markets. =A0If such release can be delivered
qu=
ickly
> >> >>enough to bust the current speculative bubble then hedge funds and
> >> >>the like which are highly leveraged would be in deed trouble. It is
t=
he
> >> >>same as the Housing Bubble or any other bubble. =A0Such bubbles are
b=
uilt on
> >> >>leverage that is allowed by deregulation and pumped by
"securitizatio=
n".
>
> >> > Let's see... World oil consumption is 80 million barrels a day and
> >> > 70,000 barrels of oil per day is what % of that?
>
> >> So if we poke a hole in the ANWR it would give us a million barrels a
d=
ay
> >> according to the Republican Cheer Leaders. =A0That is much more than
th=
e
> >> 70,000 per day but it is not going to do any good either and it will
ta=
ke
> >> no less then 5 years to poke the hole. Current estimates are a 2 cent
> >> drop in gasoline prices if we could just tap it like a keg this
instant=
..
>
> > =A0 Straight off the Nancy Piglosi website's talking point of the day.
> > You people are ssskkkkkkkkaaaaaarrrrrrreeeeee !!!!
>
> What is the chimperor doing about this?
>
> I mean other than pumping oil out of the north slope and storing it in
> Texas.
>
> --
> "I know no safe depository of the ultimate powers
> of society but the people themselves; and
> if we think them not enlightened enough to
> exercise their control with a wholesome
> discretion, the remedy is not to take it from
> them, but to inform their discretion by
> education." - Thomas Jeffersonhttp://GreaterVoice.org/extend-
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What difference does it make? The kooks in congress will block any
move he makes. If he's smart he'll go to Crawford and let the moonbats
fight it out for the rest of the year.

http://www.ens-newswire.com/ens/dec2007/2007-12-06-10.asp

 This is what we can expect from the imbeciles in congress from now
on. Look for $10 gas, if you can find it.