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re: Guys...what are we going to do about Russia?
Posted on 9/2/14 at 8:08 am to 4LSU2
Posted on 9/2/14 at 8:08 am to 4LSU2
Have a couple of armored divisions conduct large scale exercises in Romania/Bulgaria other eaten European countries, carriers in Med/Black Sea. More sanctions. Set up a no fly zone over western Ukraine.
0
Posted on 9/2/14 at 8:21 am to bamarep
quote:
Supply and demand bro. Open up our untapped oil fields, build Keystone to get more cheaper oil to refineries faster. Supply the market with more oil than it needs and simple 6th grade economics will do the rest.
A great by product is the EVERY American good and service will then be cheaper. This stuff really isn't rocket science.
I don't think you realize how this works. No major wants the price to collapse, no other country wants the price to collapse and the US does not have enough oil reserves to do this on their own. While it is not rocket science it is way above your head.
Posted on 9/2/14 at 8:34 am to cave canem
It doesn't have to collapse, perhaps I didn't use the right word. Just get to the point where their economy can't be supported any longer.
Posted on 9/2/14 at 8:54 am to bamarep
quote:
Supply and demand bro. Open up our untapped oil fields, build Keystone to get more cheaper oil to refineries faster. Supply the market with more oil than it needs and simple 6th grade economics will do the rest.
You're demonstrating a complete lack of knowledge regarding the oil markets bro...definitely a 6th grade or less level analysis.
quote:
A great by product is the EVERY American good and service will then be cheaper. This stuff really isn't rocket science.
It's not rocket science to just invent outcomes. You should read up, think before you post.
Posted on 9/2/14 at 8:59 am to cwill
One of the biggest variables in our goods and services is the cost to transport them to the market. Are prices of transportation not directly affected by the price of oil???
Posted on 9/2/14 at 9:26 am to bamarep
Your basis is what's flawed, not the simplistic idea that lower fuel prices mean cheaper goods. There is no drilling international oil prices downward.
Posted on 9/2/14 at 9:30 am to cwill
So the premise that more supply than demand doesn't drive down price? Um...ok.
Posted on 9/2/14 at 9:50 am to bamarep
quote:Do you really think that the US has enough oil to outpace demand on a global scale? What happens when the gas companies and other countries don't go along with the plan to produce more / sell cheaper?
So the premise that more supply than demand doesn't drive down price? Um...ok
Posted on 9/2/14 at 9:56 am to bamarep
quote:
Posted by bamarep So the premise that more supply than demand doesn't drive down price? Um...ok.
There isn't enough to outpace demand. The only way to crater the market is a viable alternative energy source.
Posted on 9/2/14 at 10:11 am to bamarep
If the new fracking oil boom that is happening in America was coupled with the government getting out of the way, supply would indeed outpace demand in America. But selling that to the ignorant is a different story. And therefore the government will never GTFO
Posted on 9/2/14 at 10:11 am to cwill
You mean like ethanol? Or electric cars? Or Solar? All incredible FAILS.
Posted on 9/2/14 at 10:15 am to bamarep
big oil subsidizes government via tax revenue whereas government subsidizes all the rest. If that doesn't give the ignorant a clue, nothing will.
Posted on 9/2/14 at 10:30 am to PenguinNinja
Realistically? We can't do a whole lot because neither the US nor the EU has the inclination to go on a war-footing with Russia and geography is not on Ukraine's side in thwarting a Russian invasion.
The best that might happen may be supplying the Ukraine with weapons to lengthen the invasion and/or make it a pyrric victory for Russia by going scorched-earth on the port facilities and the Black Seas Fleet. Might be a good time to "lose" a bunch of Exocet anti-ship missiles in the area of the Bosporus.
If Russia wants Ukraine, they're going to get Ukraine. It's a question of how much damage they're going to take to get it, though.
The best that might happen may be supplying the Ukraine with weapons to lengthen the invasion and/or make it a pyrric victory for Russia by going scorched-earth on the port facilities and the Black Seas Fleet. Might be a good time to "lose" a bunch of Exocet anti-ship missiles in the area of the Bosporus.
If Russia wants Ukraine, they're going to get Ukraine. It's a question of how much damage they're going to take to get it, though.
Posted on 9/2/14 at 10:30 am to KeyserSoze999
quote:
If the new fracking oil boom that is happening in America was coupled with the government getting out of the way
Where, how is government in any meaningful way "in the way"?
quote:
supply would indeed outpace demand in America.
American demand is falling and is projected to continue falling. However, world demand will continue to grow offsetting any declining demand in the US.
Posted on 9/2/14 at 10:32 am to bamarep
quote:
You mean like ethanol? Or electric cars? Or Solar? All incredible FAILS.
I'm not advocating for an alternative, I'm just stating that in order to significantly drive down oil prices an alternative would have to be found.
Posted on 9/2/14 at 10:34 am to LSURussian
quote:
Are all Fla State fans cowards?
I served. Did you?
Doubt it. You're too happy to send other men to die for your causes to have actually have served our country.
This post was edited on 9/2/14 at 10:35 am
Posted on 9/2/14 at 10:35 am to teke184
quote:
If Russia wants Ukraine, they're going to get Ukraine. It's a question of how much damage they're going to take to get it, though.
I think they're going to get some of Ukraine...they don't have the wherewithal to take down a large hostile population. Yes they could defeat the Ukrainian Army but it would be another thing to rule it.
Posted on 9/2/14 at 10:54 am to cwill
I believe I said this before. They will take the bit of the country they want. No one really believed that 90 percent of the Crimea voted to join Russia and no one really believes that a group of armed civilians is running the Ukrainian army off right now.
Interesting to watch which is all we need to be doing.
Interesting to watch which is all we need to be doing.
Posted on 9/2/14 at 10:58 am to asurob1
There is not a lot that can be done. We can seek international sanctions and we should reinstitute the missile defense shield in Poland (more symbolic than anything else).
Though I think Obama is perhaps the worst foreign policy president in a generation (even worse than Bush), I still think this is something that no one could control.
Though I think Obama is perhaps the worst foreign policy president in a generation (even worse than Bush), I still think this is something that no one could control.
Posted on 9/2/14 at 11:12 am to bamarep
quote:
You mean like ethanol? Or electric cars? Or Solar? All incredible FAILS
Ok I will take a shot, follow if you can. In order for US production to cause a downward trend in the price of crude a production increase in the millions of BPD would have to be obtained. Why would any rational business spend billions of dollars to drive down the price of their product? They also run the risk of having the bottom dropped out from under them at any point by a foreign consortium such as opec.
Second an increase of even 5 million BPD (which would take decades to achieve) would be absorbed by other exporting countries to maintain prices. I would imagine the other exporting countries would be willing to absorb a 10 million BPD reduction to maintain current prices. Remember some countries have millions of BPD capacity sitting idle already.
We have the one of the highest cost of production of crude in the world in the US. The reason production has ramped up in the US is stable high prices. Fracking is nothing new, the technology is decades old, it is just expensive and not worth it at 35$ a barrel. US exploration would cease to exist at low oil prices and production would plummet thereafter.
The only thing that will dramatically lower the price of crude is its obsolescence. Now deciding what technology will be able to do it is any ones guess and billions are being spent to find the answer. Thinking that a pipeline or oil lease being opened will dramatically effect the price of crude is a fools notion expounded on by political hacks and dimwitted journalist.
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