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Started By
Message
re: WSJ Market Watch Opinion: If Iraqi oil goes off line, $200 oil is next
Posted on 6/18/14 at 11:46 am to Ghostfacedistiller
Posted on 6/18/14 at 11:46 am to Ghostfacedistiller
Domestic producers champing at the bit for this to happen
1
Posted on 6/18/14 at 11:47 am to xXLSUXx
quote:
BTW, the U.S. produces more O&G than anyone else, Saudi and Russia included.
we just hoard it in the "reserves". probably so when there is no more oil and the rest of the world has moved on to some other form of clean energy, we can stick with oil for another 100 years to line some pockets.
Posted on 6/18/14 at 11:47 am to xXLSUXx
Crude Oil
July 11, 2008 $145.08
Gas Price Average
July 7, 2008 $4.42 per gallon
July 11, 2008 $145.08
Gas Price Average
July 7, 2008 $4.42 per gallon
Posted on 6/18/14 at 11:49 am to xXLSUXx
quote:
BTW, the U.S. produces more O&G than anyone else, Saudi and Russia included.
That isn't correct
Posted on 6/18/14 at 11:49 am to Thib-a-doe Tiger
quote:
Domestic producers champing at the bit for this to happen
We are already at refining capacity. Yes, the price increase will increase profits, but the real money will be made when the crude export ban is lifted. I just spend the last week reviewing marketing studies that predict a decrease in US gasoline prices if the ban is lifted. Very interesting economic studies.
Posted on 6/18/14 at 11:50 am to Ace Midnight
quote:
The price has already doubled under Obama.
Posted on 6/18/14 at 11:53 am to Ghostfacedistiller
Boy that pipeline from Canada would have done wonders, coupled with drilling the abundance of natural resources in this country to become oil independent. Oh well, at least the US is doing their part to lower the thermostat on the earth and the miniature frog colored swill fish will not be harmed.
Posted on 6/18/14 at 11:55 am to yellowfin
Posted on 6/18/14 at 11:55 am to joeytiger
but the caribou will have their lives impacted...WHAT ABOUT THE CARIBOU!
I'll take filling the tank for $20 please
I'll take filling the tank for $20 please
Posted on 6/18/14 at 11:56 am to GrammarKnotsi
Surely you don't deny that gasoline was about $1.80 when Obama was inaugurated and is about $3.60 now, do you?
Posted on 6/18/14 at 11:58 am to Geauxld Finger
How silly of me to forget the caribou. Paying 200 to fill your vehicle is a small price to pay to lower the global impact of oil/satan juice.
Posted on 6/18/14 at 11:59 am to xXLSUXx
learn something new every day
Posted on 6/18/14 at 12:02 pm to Ace Midnight
quote:
Surely you don't deny that gasoline was about $1.80 when Obama was inaugurated and is about $3.60 now, do you?
Actually according to this, gas has gone up 96% under OBama....
LINK
for the shits and giggles of it, I'll post this little nugget I found a moment ago as well....
Posted on 6/18/14 at 12:02 pm to Ghostfacedistiller
I'm not really worried about, we'll just organize a "nobody buy gas day" on facebook and the price will come crashing down
Posted on 6/18/14 at 12:03 pm to yellowfin
Going to love it to fill my truck up when it will cost me more then $200. 
Posted on 6/18/14 at 12:04 pm to Ghostfacedistiller
oh it is so wonderful that the keystone pipeline is going to be built
to china
to china
Posted on 6/18/14 at 12:04 pm to Ace Midnight
quote:
Surely you don't deny that gasoline was about $1.80 when Obama was inaugurated and is about $3.60 now, do you?
the president doesnt set gas prices, nor does he set the price of oil
Posted on 6/18/14 at 12:05 pm to tgrbaitn08
quote:
the president doesnt set gas prices, nor does he set the price of oil
if this $200/barrel happens before his term is up, i have no doubt he will try
Posted on 6/18/14 at 12:06 pm to Salmon
Glad my company pays my gas 
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