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re: Analyst warns fall of Baghdad would mean higher US gas
Posted on 6/14/14 at 8:28 pm to monsterballads
Posted on 6/14/14 at 8:28 pm to monsterballads
Great now we have an even more compelling reason to end all the drilling restrictions in the US and gulf. If gas was 2.00 a gallon and we didn't ship it in from countries that hate us this country's problems would almost go away.
Posted on 6/14/14 at 8:40 pm to GeauxWrek
The American Conservative Union gave Biden a score of like 13/100 and Obama like a 6/100, so maybe twice as good.
Posted on 6/14/14 at 8:43 pm to OleWar
Wow, gas might go up. Woe is us. I wonder if we can weather the upcoming gas crisis if supply is disrupted because as we all know, Iraqi oil production has always been stable.
And which country will be most affected by the possible disruption? China, who is the largest importer of Iraqi oil. :)
I think we actually are the winners here.
And which country will be most affected by the possible disruption? China, who is the largest importer of Iraqi oil. :)
I think we actually are the winners here.
quote:
“The Chinese are the biggest beneficiary of this post-Saddam oil boom in Iraq,” said Denise Natali, a Middle East expert at the National Defense University in Washington. “They need energy, and they want to get into the market.”
Posted on 6/14/14 at 8:58 pm to Big12fan
Good. Let the Chinese get bogged down in that quagmire.
Posted on 6/14/14 at 10:08 pm to Big12fan
quote:
think we actually are the winners here
From the oil consumers POV that would be a big negatory.
This post was edited on 6/14/14 at 10:08 pm
Posted on 6/14/14 at 11:10 pm to Jim Rockford
quote:
Baghdad ain't falling.
I think you're dead wrong. ISIS will overtake baghdad in a matter of weeks, if not shorter.
Posted on 6/14/14 at 11:34 pm to HonoraryCoonass
quote:
Obama loves high gas prices!
Might help his union pals at GM dump some of them remaining Chevy Volts.
Posted on 6/15/14 at 12:24 pm to monsterballads
Wow, just think if the Keystone Pipeline had gotten the OK five years ago.
Posted on 6/15/14 at 1:53 pm to Zach
I sometimes wonder if there is ANY event that could happen on the world stage that would signal lower gas prices
Posted on 6/15/14 at 2:14 pm to monsterballads
Really?! So gas will get even higher than it already is?! NO WAY!!
Posted on 6/15/14 at 2:26 pm to monsterballads
quote:
I think you're dead wrong. ISIS will overtake baghdad in a matter of weeks, if not shorter.
ISIS or whatever the Sunnis are calling themselves can probably keep the central government from exercising effective control in the north. They are not capable of invading and overtaking a hostile Shia population in the South.
Posted on 6/15/14 at 3:04 pm to Zach
quote:
Wow, just think if the Keystone Pipeline had gotten the OK five years ago.
Nothing would have changed.
Posted on 6/15/14 at 3:06 pm to monsterballads
quote:
I think you're dead wrong. ISIS will overtake baghdad in a matter of weeks, if not shorter.
Don't have the manpower to take the city from the Shias. I don't believe they even have the power to hold their current territory over the long haul.
Posted on 6/15/14 at 3:13 pm to DaGarun
quote:
I sometimes wonder if there is ANY event that could happen on the world stage that would signal lower gas prices
none..prices will never be below $2 for an extended period of time. We now have an abundance of O&G but the companies choose to ship it overseas for more $$, which is what they are in business for, plus will keep their stock pricing high.
Posted on 6/15/14 at 5:20 pm to joeleblanc
quote:
We now have an abundance of O&G but the companies choose to ship it overseas for more $$,
It's against the law to export US crude. Try again.
Posted on 6/15/14 at 5:21 pm to cwill
quote:
It's against the law to export US crude. Try again
Wrong. And not only that, we will be exporting LNG worldwide shortly, esp to Japan
Posted on 6/15/14 at 5:29 pm to joeleblanc
i will self correct myself
Posted on 6/15/14 at 5:31 pm to joeleblanc
uh oh. Isis is currently launching an assault on Baghdad, and there are multiple reports of large explosions rocking the international green zone.
Posted on 6/15/14 at 5:32 pm to joeleblanc
LINK
It's against the law.
Yes LNG export is coming in about 2-3 yrs, there is no law against the export of NG....for now.
It's against the law.
Yes LNG export is coming in about 2-3 yrs, there is no law against the export of NG....for now.
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