On May 16, 7:43=A0pm, The Trucker <mik...@[EMAIL PROTECTED]
> wrote:
> On Fri, 16 May 2008 17:23:30 -0700, BurtonUrny wrote:
> > 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
wou=
ld pump
> >> >> >>>> 70,000 barrels of oil per day out of North Slope, ****p it to
Te=
xas, and
> >> >> >>>> pump it back into the ground?
>
> >> >> >>> [snip]
>
> >> >> >>> The only explanation I have got is that it sets a negotiating
po=
sition for
> >> >> >>> the next Congress' action. Because, as soon as SPR resolution
ta=
kes effect
> >> >> >>> and oil prices continue to rise or stay the same, the next
propo=
sal will be
> >> >> >>> releasing those reserves, as some already suggest.
>
> >> >> >>That non answer makes no sense. =A0The question is quite broad
and=
the
> >> >> >>answer (if there is one) can also be quite broad. =A0I think I
kno=
w one
> >> >> >>_possible_ legitimate answer. but it may not be adequate either.
>
> >> >> >>However... =A0The release of those reserves might dramatically
red=
uce the
> >> >> >>price of oil on world markets. =A0If such release can be
delivered=
quickly
> >> >> >>enough to bust the current speculative bubble then hedge funds
and=
> >> >> >>the like which are highly leveraged would be in deed trouble. It
i=
s the
> >> >> >>same as the Housing Bubble or any other bubble. =A0Such bubbles
ar=
e built on
> >> >> >>leverage that is allowed by deregulation and pumped by
"securitiza=
tion".
>
> >> >> > 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 day
> >> >> according to the Republican Cheer Leaders. =A0That is much more
than=
the
> >> >> 70,000 per day but it is not going to do any good either and it
will=
take
> >> >> no less then 5 years to poke the hole. Current estimates are a 2
cen=
t
> >> >> drop in gasoline prices if we could just tap it like a keg this
inst=
ant.
>
> >> > =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-Hide
quote=
d text -
>
> >> - Show quoted text -
>
> > 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.
>
> Any joint resolution of the Congress becomes law without the signature
of
> the (P)resident after .... =A0 =A010 days I think. But it ain't long.
> So yes. =A0He should go hole up in Crawford.
>
> >http://www.ens-newswire.com/ens/dec2007/2007-12-06-10.asp
>
> > =A0This is what we can expect from the imbeciles in congress from now
> > on. Look for $10 gas, if you can find it.
>
> Yes. It is. It should have been done 10 years ago, but the Gingrich
morons=
> controlled the Congress then. =A0And the $10 per gallon gasoline is an
> objective fact of economic reality, Bubba. =A0Demand is essentially
"fixed=
"
> and the dollar just ain't what it was. =A0The $10 gas SHOULD be in 4
years=
> as opposed to this year or next, but the deregulation of the Oil
> Futures markets created yet another Republican bubble. =A0It's sort of
lon=
e
> the Dot Com bubble that paid down the debt. =A0This one is designed to
> fatten up the rich people with more middle class debt.
>
> Bush and the Republicans have accomplished most of what they set out to
do=
> in 2000. =A0They have, more or less, destroyed the United States
governmen=
t.
>
> But the American spirit will rise from the ashes like a phoenix. And it
> will not be a brain dead conservative throwback America.
>
> --
> "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-
Hide
quoted =
text -
>
> - Show quoted text -
No? Then what will it be in your utopian world? Will we be like
Venezuela? Maybe like the communist utopia Cuba? You may not be
crowing so loud in a couple years. Only time will tell.
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