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Started By
Message
Egypt's oil minister predicts $60 oil
Posted on 10/21/14 at 6:15 am
Posted on 10/21/14 at 6:15 am
14
Posted on 10/21/14 at 6:24 am to Jim Rockford
Posted on 10/21/14 at 6:36 am to Jim Rockford
Why would they go that much lower?
Posted on 10/21/14 at 6:56 am to Jim Rockford
Mother Gaia trembles as the human infestation gears up to spew its poison into the atmosphere. Now would be a good time to raise fuel taxes and surcharges.
Posted on 10/21/14 at 6:57 am to 90proofprofessional
Maybe we threatened to drop Ebolabombs on their heads?
Perhaps taking money from those states unfriendly to Egypt and the house of Saud?
Perhaps taking money from those states unfriendly to Egypt and the house of Saud?
Posted on 10/21/14 at 6:59 am to son of arlo
quote:
Mother Gaia trembles as the human infestation gears up to spew its poison into the atmosphere
Earth needs some "The Day the Earth Stood Still" shite up in here.
Posted on 10/21/14 at 6:59 am to Jim Rockford
What impact will this have on domestic production and our economy that is thriving right now?
Lafayette/ Lake Charles corridor specifically.
Lafayette/ Lake Charles corridor specifically.
Posted on 10/21/14 at 7:02 am to son of arlo
quote:
Mother Gaia trembles as the human infestation gears up to spew its poison into the atmosphere. Now would be a good time to raise fuel taxes and surcharges.
Or people could just pay for the right to dump their non-renewable carbon into the atmosphere.
Posted on 10/21/14 at 7:07 am to 4LSU2
$60 oil means fracking is not economically feasible. If OPEC wasn't at war they could easily swamp the market and put a stop to the boom in the US by bankrupting marginal producers. Production in the US becomes unprofitable at about $75 a barrel....
Posted on 10/21/14 at 7:14 am to germandawg
quote:
Production in the US becomes unprofitable at about $75 a barrel....
So if oil is $75/barrel what is the ballpark for gas prices?
Posted on 10/21/14 at 7:17 am to Jim Rockford
The average consumer that doesn't rely on O&G for employment loves this.
Posted on 10/21/14 at 7:19 am to GetCocky11
Whatever happened to the "Middle east is in turmoil, therefore gas prices are high" theory?
Crooks will be crooks
Crooks will be crooks
Posted on 10/21/14 at 7:27 am to Jim Rockford
That's about where it should be and the net positive to the economy will FAR outweigh the negatives.
Most Americans are too stupid to save. All that disposable income will just go right back into the economy. It's a WIN for anyone not vested in oil shale.
Most Americans are too stupid to save. All that disposable income will just go right back into the economy. It's a WIN for anyone not vested in oil shale.
Posted on 10/21/14 at 7:31 am to Jim Rockford
quote:Hopefully will stall the Canadian Keystone alternative
Egypt's oil minister predicts $60 oil
Posted on 10/21/14 at 7:32 am to bamarep
quote:
Most Americans are too stupid to save. All that disposable income will just go right back into the economy
Keynes just got a chubby.
Posted on 10/21/14 at 7:33 am to SpidermanTUba
quote:
people could just pay for the right to dump their non-renewable carbon into the atmosphere.
Posted on 10/21/14 at 7:36 am to germandawg
quote:
$60 oil means fracking is not economically feasible. If OPEC wasn't at war they could easily swamp the market and put a stop to the boom in the US by bankrupting marginal producers. Production in the US becomes unprofitable at about $75 a barrel....
this is possibly the most ignorant post in the history of the PB.
and that's saying something
Posted on 10/21/14 at 7:43 am to goatmilker
quote:
non-renewable carbon
Remember... This is the bunch who said they were going to restore science to its proper place.
Posted on 10/21/14 at 7:49 am to SpidermanTUba
quote:
Or people could just pay for the right to dump their non-renewable carbon into the atmosphere.
You don't pay for rights.
You don't have to pay to vote
You don't have to pay to own a gun (other than the purchase of the gun)
You don't have to pay to have a trial by jury of your peers
You pay for priviledges. Also Tuba, Australia tried and failed with cap and trade, the EU is seriously considering getting rid of their system and they still had less carbon reduction than a cap and trade free USA. Why are so hung up on a failed policy? I know the answer because but posting it would probably get me banned.
Posted on 10/21/14 at 8:03 am to WeeWee
quote:
I know the answer because but posting it would probably get me banned.
He's an "academic". They base everything on theory and never on substance.
It's been proven time and time again.
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