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Old 05-23-2009, 11:00 PM   #61
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u always seem to avoid answering the net profit questions...billions per quarter...

thats because there is no reasonable reason for it.
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Old 05-23-2009, 11:30 PM   #62
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Hardly! McCain wouldn't be that stupid.



This doesn't just affect me, you have to realize how dependent this nation is on oil and gas. It goes way beyond just driving your car.



Mmmm, yes denial is our friend. The stock market will also never go below 10,000 again, banks cannot fail - they are way too powerful, the American car companies are the strongest car companies in the world and the American Government would NEVER spend trillions of dollars we don't have. Denial has really gotten us far in this nation because the Government would never do anything to adversely affect the people of this nation....
of course he wouldnt cause well he's a republican

so how about that record profit last summer while people struggled to fill a tank cause of how much gas was costing?

Did they really need that extra 1 billion? couldnt they have cut gas prices a little bit and not been such greedy **sholes?
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Old 05-24-2009, 12:14 AM   #63
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18 months ago, no one was worried about it. Now s.hits hitting the fan and it's a problem. Maybe they can give you some bench time and pay your salary for a few years off the billions they made each quarter?
Great bit of information there buddy. 18 months ago nobody saw the banking industry on the verge of collapse. 18 months ago the American car companies were doing so, so but 100 times better than now. 18 months ago Bernie Madoff told people he was making them millions. 18 months ago the stock market was above 10,000. 18 months ago there wasn't almost 14,000 unemployed Americans.

Oil companies are like any other company, in business to make money. But at the same time those same oil companies employee hundreds of thousands of American workers and pay above average salaries to those people. They also spend millions to find, drill for, and produce oil and gas so this nation can enjoy the lifestyle we've gotton used to.


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Source of the article?
Europeans have been doing it for years, you would have to adjust your lifestyle a little bit, there are worse things that could happen.
Exactly - Europe has paid higher prices for fuel and oil since WWII while Americans have had a virtual free ride for years BUT the American oil companies are evil.
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Old 05-24-2009, 12:42 AM   #64
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Great bit of information there buddy. 18 months ago nobody saw the banking industry on the verge of collapse. 18 months ago the American car companies were doing so, so but 100 times better than now. 18 months ago Bernie Madoff told people he was making them millions. 18 months ago the stock market was above 10,000. 18 months ago there wasn't almost 14,000 unemployed Americans.

Oil companies are like any other company, in business to make money. But at the same time those same oil companies employee hundreds of thousands of American workers and pay above average salaries to those people. They also spend millions to find, drill for, and produce oil and gas so this nation can enjoy the lifestyle we've gotton used to.




Exactly - Europe has paid higher prices for fuel and oil since WWII while Americans have had a virtual free ride for years BUT the American oil companies are evil.
true, it's all about making money, why shouldn't oil companies try their best to make a profit. Capitalist society, cmon.

However, there were many people who knew what was going on in the banking industry and many others who knew what was going to happen.
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Old 05-24-2009, 03:23 AM   #65
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LSUKNUT is completely right, he's not biased, he just speaks the truth.... oil companies shutting down their exploration and investment projects because they cannot fund it at these levels, and once USA economy recovers there will be HUGE inflation going on, sending demand sky high while supply will stay low... i don't know about $10 though, I can see $4-6 in few years easily
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Old 05-24-2009, 06:06 AM   #66
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If gas hit 10$/gallon, its game over. The economy will cease to exist, and we will be living in the middle ages. Im not saying it couldn't go up, I fully expect it to. But I will tell you this, I will never buy a gallon of gas for 10$ with the intention of using it in my car.
Welcome to my world - diesel over here in the UK is 1.10/litre - you do the maths and tell me if you're getting a good deal or not... The economy will end? Do me a favour - you'll just all be poorer
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Old 05-24-2009, 06:35 AM   #67
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Welcome to my world - diesel over here in the UK is 1.10/litre - you do the maths and tell me if you're getting a good deal or not... The economy will end? Do me a favour - you'll just all be poorer
Thats for diesel? For $2.40 (after converstion, jebus our dollar is worth nothing) you can get a litre of 98.. And I thought I had it bad!
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Old 05-24-2009, 04:03 PM   #68
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I stopped reading after "Fox News".

Major knee jerk fail.
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Old 05-24-2009, 04:18 PM   #69
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I don't think I'd mind $10 a gallon.

-Yes, it would totally blow for a lot of things, but I feel it would get some of the drivers I dislike off the road, like the ones that can't pay for insurance as is, the lifted pickups that never even go off-road, and the people with crap cars that drive recklessly because they have no respect for their car or others.

-it would force improvements in public transportation, which is nice for everyone, and better for the environment.

-it would lessen some of the traffic on roads, which makes getting places quicker, less gas is wasted idling a cars that aren't moving

-reduced noise levels in many big cities
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Old 05-24-2009, 04:36 PM   #70
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I stopped reading after "Fox News".

Major knee jerk fail.
The denial here just kills me! I'm living it my friend, there wasn't one single "Knee jerk" reaction in the entire article. It is today's fact.....Sorry!
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Old 05-24-2009, 05:22 PM   #71
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Old 05-24-2009, 06:12 PM   #72
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do you believe the expansion of hydrogen and ev plug station infrastructure is waste of time? were you one of the people lobbying against EV's when they worked perfectly fine in the mid 90's in california?
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Old 05-24-2009, 06:52 PM   #73
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I don't think I'd mind $10 a gallon.

-Yes, it would totally blow for a lot of things, but I feel it would get some of the drivers I dislike off the road, like the ones that can't pay for insurance as is, the lifted pickups that never even go off-road, and the people with crap cars that drive recklessly because they have not car for their car or others.

-it would force improvements in public transportation, which is nice for everyone, and better for the environment.

-it would lessen some of the traffic on roads, which makes getting places quicker, less gas is wasted idling a cars that aren't moving

-reduced noise levels in many big cities

haha, thats one way to look at it. I also prefer to look at it that way.
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Old 05-24-2009, 06:53 PM   #74
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do you believe the expansion of hydrogen and ev plug station infrastructure is waste of time? were you one of the people lobbying against EV's when they worked perfectly fine in the mid 90's in california?
You forget electricity and hydrogen has to come from somewhere. It takes energy from power plants. Guess what fuels them? and forget solar, these fools are going to figure out that solar farms are creating even MORE global warming by absorbing that energy in form of heat than any fossil fuel did!
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Old 05-24-2009, 07:28 PM   #75
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You forget electricity and hydrogen has to come from somewhere. It takes energy from power plants. Guess what fuels them? and forget solar, these fools are going to figure out that solar farms are creating even MORE global warming by absorbing that energy in form of heat than any fossil fuel did!
Nuclear power ftw. With a breeder reactor you get a pretty much infinite supply of fuel, when properly designed has zero effect on the environment, and with enough security you don't have to worry about people breaking in an stealing weapons usable plutonium.
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Old 05-24-2009, 07:35 PM   #76
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Nuclear power ftw. With a breeder reactor you get a pretty much infinite supply of fuel, when properly designed has zero effect on the environment, and with enough security you don't have to worry about people breaking in an stealing weapons usable plutonium.
Don't think your president will be down with that program though.
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Old 05-24-2009, 07:41 PM   #77
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Don't think your president will be down with that program though.
Probably not because nuclear has the connotations of nuclear waste, nuclear bombs, terrorism, north korea, "the iraq" , cancer, etc...

Politicians do what the makes the public happy, and most of the time the public is pretty stupid.
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Old 05-24-2009, 08:52 PM   #78
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Great bit of information there buddy. 18 months ago nobody saw the banking industry on the verge of collapse. 18 months ago the American car companies were doing so, so but 100 times better than now. 18 months ago Bernie Madoff told people he was making them millions. 18 months ago the stock market was above 10,000. 18 months ago there wasn't almost 14,000 unemployed Americans.

Oil companies are like any other company, in business to make money. But at the same time those same oil companies employee hundreds of thousands of American workers and pay above average salaries to those people. They also spend millions to find, drill for, and produce oil and gas so this nation can enjoy the lifestyle we've gotton used to.
First, there is enough talent in the executive level of the oil companies to know when the bubble was going to bust. Secondly, the speculation that drove the nation into $4.00/gallon territory last year accounts for at least one third of the reason we are in such a major economic constriction right now. The greed that drove it to that point, drove people inside their homes, canceling vacations and grabbing tighter to their money.

I would agree that we should have a power source up and running before we shut down the existing. But as I have stated in your other thread, the fact the oil companies are acting like children on the playground and saying "well if you don't play by our rules, we will just take our ball and go home" is bu.llshit. We lined their pockets beyond their wildest dreams and now that we ask for some back via taxation they loose their f.uck.ing minds.
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Old 05-24-2009, 10:18 PM   #79
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You forget electricity and hydrogen has to come from somewhere. It takes energy from power plants. Guess what fuels them? and forget solar, these fools are going to figure out that solar farms are creating even MORE global warming by absorbing that energy in form of heat than any fossil fuel did!
Anti-matter FTW fuel cells?

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Don't think your president will be down with that program though.
his president? in no way am i patriotic Amurican but just cause you might not agree with some of the things the president of this country believes in doesnt mean you shouldn't consider him your president cause he is
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Old 05-24-2009, 11:05 PM   #80
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Here is some raw rig count data from Baker Hughes:

http://intelligencepress.com/features/bakerhughes/

For what it's worth, I work for Baker Hughes. Most of our business is from overseas these days. US activity has dropped significantly.

If prices go up and stay up, US production will go up, too. But full independence from foreign sources of oil is a pipe dream.

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