gasoline prices

[auspice]

scott

"screw the caribou in alaska, lets drill for the oil."
__________
I have no problem with that statement at all. The problem would probably arise when we later find out that it's someone's cronies that somehow 'luck' into doing the drilling and making billions in some non-bid situation







and also cut all the trees down while we are at it.

we need more houses
-----------------

nice bait.


__________________

 

[THE KOD]

scott

"screw the caribou in alaska, lets drill for the oil."
__________
I have no problem with that statement at all. The problem would probably arise when we later find out that it's someone's cronies that somehow 'luck' into doing the drilling and making billions in some non-bid situation

and also cut all the trees down while we are at it.

we need more houses
-----------------

nice bait.
_________________

........................................................................................
aus

yeh like we find out that Dick Chenys family owns the Alaska
area where big oil reserves are discovered. Then everything
could just carry on as is.

any bites on the bait yet ?

 

[auspice]

"any bites on the bait yet/"
----------
just you wanting to fight.....nothing really worthwhile

 

[THE KOD]

"any bites on the bait yet/"
----------
just you wanting to fight.....nothing really worthwhile

..........................................................

aus

Yeh well lets be watchfull and vigilent. Never know when
one of them green ppl will come out from under a rock.

 

[auspice]

scott

sorry, but what does ppl stand for?

 

[THE KOD]

scott

sorry, but what does ppl stand for?

................................................................................

aus

piss poor lackys

 

[THE KOD]

OPEC chief: Group committed to keeping crude prices from rising

Associated Press
Published on: 07/22/04

OPEC is committed to keeping crude prices from rising further, and its members are investing to boost their output capacity to help stabilize the oil market, the group's president said Thursday.

The Organization of Petroleum Exporting Countries is already pumping 2 million barrels a day above its output target of 25.5 million barrels, Purnomo Yusgiantoro told a news conference at OPEC's headquarters in Vienna. "That's partly because we are concerned with the price level that we see today," he said.

Contracts of U.S. light crude for September delivery were trading 10 cents higher at $40.68 per barrel on the New York Mercantile Exchange.

Purnomo confirmed that the official target price for OPEC's benchmark blend of crudes remains between $22 and $28 per barrel.

A robust demand for oil imports from China and refining bottlenecks in other major importing countries have fanned "unwarranted fears" about possible crude shortages. To help calm a nervous and sensitive market, OPEC members are investing in their oil fields and facilities to add between 2.5 million and 3.5 million barrels of daily production capacity by the end of 2005, he said.

However, the director of OPEC's research division Adnan Shihab-Eldin later clarified to reporters that the increase in spare capacity would only be half as large as Purnomo had stated.

Shihab-Eldin said OPEC members would add between 1 million and 1.5 million barrels to their current spare capacity by the end of next year, for a new, total surplus of between 2.5 million and 3.5 million barrels. This new surplus would equal at least 10 percent of OPEC's current production ceiling.

The group has asked major non-OPEC producers such as Russia to increase their output in tandem with OPEC, but has so far received no assurances that they would do so, said Purnomo, who is also Indonesia's Minister of Energy and Mineral Resources.

"Today, what we feel is that they don't have much spare capacity," he said.

"We in OPEC accept that this is a challenging time in the oil market, with an unusually powerful combination of forces that are currently dominating the market activities and adversely affecting its equilibrium," Purnomo said.

He added, however, that OPEC is committed "to do everything we can to restore prices to reasonable levels that are acceptable to producers and consumers alike -- and to keep them there."
.......................................................................

these fawkers are laughing through their gold teeth at US energy hogs. We have to make changes. oil rules the world.

 

[cisco]

Iraqi Gas: 5 Cents A Gallon
By Jim Krane
THE ASSOCIATED PRESS

BAGHDAD, Iraq - While Americans are shelling out record prices for fuel, Iraqis pay only about 5 cents a gallon for gasoline - a benefit of hundreds of millions of dollars subsidies bankrolled by U.S. taxpayers.

Before the war, forecasters predicted that by invading Iraq and ousting Saddam Hussein, America would benefit from increased exports of oil from Iraq, which has the world's second largest petroleum reserves.

That would mean cheap gas for American motorists and a boost for the oil-dependent American economy. More than a year after the invasion, that logic has been flipped on its head. Now the average price for gasoline in the United States is running $2.05 a gallon - 50 cents more than the pre-invasion price.

Instead, the only people getting cheap gas as a result of the invasion are the Iraqis.

Filling a 22-gallon tank in Baghdad with low-grade fuel costs just $1.10, plus a 50-cent tip for the attendant. A tankful of high-test costs $2.75.

In Britain, by contrast, gasoline prices hit $5.79 per gallon last week - $127 for a tankful.

Although Iraq is a major petroleum producer, the country has little capacity to refine its own gasoline. So the U.S. government pays about $1.50 a gallon to buy fuel in neighboring countries and deliver it to Iraqi stations. A three-month supply costs American taxpayers more than $500 million, not including the cost of military escorts to fend off attacks by Iraqi insurgents.

The arrangement keeps a fleet of 4,200 tank trucks constantly on the move, ferrying fuel to Iraq.

Iraq's fuel subsidies, which are intended to mollify drivers used to low-priced fuel under Saddam, have coupled with the opening of the borders to create an anarchic car culture in Baghdad.

Cheap used cars shipped from Europe and Asia are flooding into Iraq. A 10-year-old BMW in good condition costs just $5,000. Since gas is so cheap, anyone with a car can become a taxi driver. Drivers jam the streets, offering rides for as little as 250 dinars - about 17 cents.

Iraq has no sales tax, no registration, no license plates and no auto insurance. Some would argue there are no rules of the road. Cars barrel the wrong way on the highway. They swoop into surprise U-turns. They ignore traffic signals.

Analysts say the U.S. gas subsidies can't last forever - and Iraqis may be in for an unpleasant shock when they end. In the meantime, however, the American taxpayer continues to foot a huge bill.

"The U.S. taxpayer has a right to be indignant, and Iraqis have to be warned about the long-run damages of this," said Anthony Cordesman, an Iraq analyst with the Washington-based Center for Strategic and International Studies. "The minute the aid goes out, the party is over. And there's going to be a hell of a hangover."
:sadwave:

 

[Chanman]

GASOLINE SOLUTION!

We CAN buy gasoline that is not from the Middle East. Gas rationing in the
80's worked even though we grumbled about it. It might even be good for us!

The Saudis are boycotting American goods. We should return the favor.

An interesting thought is to boycott their GAS. Every time you fill up the
car, you can avoid putting more money into the coffers of Saudi Arabia. Just
buy from gas companies that don't import their oil from the Saudis.

Nothing is more frustrating than the feeling that every time I fill-up the
tank, I am sending my money to people who are trying to kill me, my family,
and my friends. I thought it might be interesting for you to know which oil
companies are the best to buy gas from and which major companies import
Middle Eastern oil.

Shell............................205,742,000 barrels
Chevron/Texaco.........144,332,000 barrels
Exx! on /Mobil................130,082,000 barrels
Marathon/Speedway...117,740,000 barrels
Amoco.........................62,231,000 barrels

If you do the math at $30/barrel, these imports amount to over $18 BILLION!
I think it is up to $40 /barrel now!!!

Here are some large companies that do not import Middle Eastern oil:

Citgo....................0 barrels
Sunoco............. ..0 barrels
Conoco............. ..0 barrels
Sinclair............... 0 barrels
BP/Phillips.......... 0 barrels
Hess...................0 barrels
Diamond Shamrock ...0 barrels

All of this information is available from the Department of Energy and each
is required to state where they get their oil and how much they are
importing. They report on a monthly basis. Keep this list in your car;
share it with friends. Stop paying for terrorism.............

But to have an impact, we need to reach literally millions of gas buyers.
It's really simple to do!! Now, don't wimp out at this point...keep reading
and I'll explain how simple it is to reach millions of people!!

I'm sending this note to about thirty people. If each of you send it to at
least ten more (30 x 10 = 300).... and those 300 send it to at least ten
more (300 x 10 =3,000) ... and so on, by the time the message reaches the
sixth generation of people, we will have reached over THREE MILLION
consumers! If those three million get excited and pass this on to ten
friends each, then 30 million people will have been contacted .

If it goes one level further, you guessed it.....300 million people!!!

Again, all you have to do is send this to 10 people. How much would
all that take?

If each of us sends this e-mail out to ten more people within one day all
300 MILLION people could conceivably be contacted within the next eight
days!

We are paying those terrorist 12 billion a day for gas.. I think the time
has come for us to take a stand and do what this article suggests.

How they vote in UN

Below are the actual voting records of various Arabic/Islamic States which are recorded in both the US State Department and United Nations records:

Kuwait votes against the United States 67% of the time.

Qatar votes against the United States 67% of the time.

Morocco votes against the United States 70% of the time.

United Arab Emirates votes against the U. S. 70% of the time.

Jordan votes against the United States 71% of the time.

Tunisia votes against the United States 71% of the time.

Saudi Arabia votes against the United States 73% of the time.

Yemen votes against the United States 74% of the time.

Algeria votes against the United States 74% of the time.

Oman votes against the United States 74% of the time.

Sudan votes against the United States 75% of the time.

! Pakistan votes against the United States 75% of the time.

Libya votes against the United States 76% of the time.

Egypt votes against the United States 79% of the time.

Lebanon votes against the United States 80% of the time.

India votes against the United States 81% of the time.

Syria votes against the United States 84% of the time.

Mauritania votes against the United States 87% of t! he time.


US Foreign Aid to those that hate us:
Egypt, for example, after voting 79% of the time against the United States, still receives $2 billion annually in US Foreign Aid.

Jordan votes 71% against the United States and receives $192,814,000 annually in US Foreign Aid.

Pakistan votes 75% against the United States receives $6,721,000
annually in US Foreign Aid.

India votes 81% against the U! nited States receives $143,699,000 annually

Perhaps it is time to get out of the UN and give the tax savings back to the
American workers who are having to skimp and sacrifice to pay the taxes.

 

[Private Petey]

More whining by the big dumb moose. Nothing changes around this place. All thats left is finding a string with mr know it all acehistr8 bragging about something.

 

[THE KOD]

Nothing changes around this place. All thats left is finding a string with mr know it all acehistr8 bragging about something.

..............................................................

hey Peter Peter get a load of aces new set of
chips !

 

[djv]

Looks like we better start coming up with things everyone can vote yes with us on. The thing is a joke. Energy bill just sits there over a year now. Congress voted them self some type of raise. Now go home for what is it 34 days. You know I don't get it. Republicans control congress and the senate. They can pass what ever they want. But they keep fighting among them selfs and nothing gets done. Maybe the president does not want a energy policy. Heck his buddies are cleaning up on us real good.

 

[ferdville]

The price of gas in Europe has nothing to do with the price of gas in the U.S. It costs about $80 to buy one of those square watermelons in Japan. Watermelon is less than a buck a pound at my store. Try to buy a steak in Japan and compare the price to even the most expensive steak at a Ruth's Chris or Mortons. We can find examples into the thousands. Gas prices are based on the production quotas - plain and simple. It used to be called supply and demand, but in this gas the supply is determined by and large by Opec. The demand isn't about to change, so Opec holds all the cards.

 

[djv]

Ferdville I think your right they have most of the cards right now. And we can go get another batch from Alaska and it won't change a thing. Maybe it's time for all of us to understand it's time to park one of the 2 or 3 cars in the family. Ride the bike, walk a little more. Even ride the bus. What ever but stay the hell out of the auto. Here we are the most ob-east country in the world. More Heart Attacks and strokes then anyplace. And not many will even walk two blocks to a store. What might make it happen and then it's to late. Is the $2.50 a gallon that never goes down again just up. At least now if everyone chipped in a little we can cut the demand you talk about. That story in time last year was interesting. In 1950, 50% of the families in the country had a auto. My 1960, 95% of the families as it is today had cars. By 1970, it was upto 1.5 cars. By the 80's 2 cars as it is today. And in the 90's 6% have three. I know math not perfect but you get the idea. So we do help cause our own problem.