How will OPEC drama affect oil prices?
The group's upcoming meeting this week will be closely watched.
One question here? If demand is down, and the price of a barrel of oil is down what? 20.00, why is gas down about .20 cents? When oil goes up so does the 9/10ths of a gallon of gas instantly.
I have to agree with the drunk. Its election time. I have been to Kuwait, and I live in ND where we cant even get our oil out thanks to this president.
Drill baby drill, we are. Take a trip up this way and look at what used to be and where we are now. Nothing will ever be the same. I am just tired of bending over and taking it. going to have another shot and maybe a beer, this is getting old. The nice thing is that eventually it all will take a big crap. I dont care who is in charge, but be realistic. No demand and yet you screw me daily at the pump? Enough. Honestly in your lifetime there is enough oil in the US Alone to take care of oil for a lifetime. Trouble is we need to export it to make money(Pipeline), why not take care of US first?
When you can tell me why my income has stayed the same and yet oil is what 000% increase tell me why? Diesel used to be chaeaper than gas, why is more now? Tell me why? We export more than is used in the US so why screw me harder? That is a fact. If I am a moron like the drunk was let me know why and tell me why I am getting screwed daily.
Seeing how the general public does not buy oil but once every 3,000 miles (0r 6,000 miles on newer cars) so who really cares. It apparently has no effect on the speculated prices of gasoline anyways. I am really fed up with discussions of oil and how they affect the good people of the United States when really we are all like mushrooms, kept in the dark and fed a bunch of SH%$#T. Let’s face it, we are told what to believe, like it or not. If the protocol changes, we are to believe whatever the media shoves down our throats. Thanks Jim.
Let OPEC raise the prices, that means we need to hurry up and get the Keystone pipeline thru so Opec can kiss a goat!
Obama was against it and I wrote to him at the whitehouse and he sent me letter that it was supposed to be harmful and that his people said that and he wouldn't go for it.
And lo and behold when it got to be popular he changed his stance and now he is for it .In it for the VOTES, is he not? Let OPEC drink thier oil!!!!
For those that don't understand why we should'nt be drilling, it's quite simple. The companies that bring oil out of the ground will sell it at market value, So the reduction you'd see at the pump would be minimal. There's a great thing called conservation, imagine a world in chaos/ at war, and we have a "stock-pile" of oil reserves, or, other peoples oil fields dry up, and we have some to sell (at a much higher rate than the current ones) which would then perhaps give us the luxury of paying off some debt, or god forbid putting more teachers in a class room. Drilling now to maximum effort would only hasten the demise of America. Playing it "cool" and letting our reserves sit in the ground is not a bad idea. Further more, the people that want to drill and exhaust a resource that we know we can work with and have no ambition for alternative energy sources are really putting our decendants at risk of being completely screwed. The problem with most people is the lack of forward thinking, its always about me, and about the moment. When you scream about the price of gas, I wonder to myself, when was the last time this individual tried mass-transit, a bicycle, or heck even walked. There are things you can do to reduce your consumption, and if enough people did them, the price of gas would fall.
Perhaps one of the worst headlines EVER written?
"Will OPEC drama affect oil prices?"
Obamanomics = a glut of oil and a glut of unemployed workers in the global markets.
Nice job, Barry. Mmm, mmm, mmm.
What difference does the price of oil make? We will still get screwed at the pump!
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