Off-Topic DiscussionsThis is the area for general banter/chat. There are rules for this section, please read the sticky post in the section before participating. The short rules: Only work safe discussions, no religious/political debates!
"The dollar fell to a new low against the euro, but that did little to halt oil's decline. The weaker dollar has driven prices sharply higher in recent months, enticing investors to pump money into oil as a hedge against inflation and making crude cheaper for overseas buyers".
Is this not true ?...
Tis true- that's that FIRST stage of markup caused by the central banks. The second stage is caused by the equally useless and greedy speculators.
I know that's moralizing and opinionated, but there are some things that need to be properly regulated or they get taken advantage of by the few at the expense of the many- Grazing land, mineral rights, government, water, clean air, energy, etc. I'm all for free enterprise- go make something of value and sell it for however much you can- Even the oil industry deserves to make a profit- they are turning oil into fuel and it's a very expensive process- supply and demand should be a relevant factor. But there's a point where the human race needs to be equally entitled to certain things- not everything, but basic resources, without having to pay a bunch of worthless pirates who are nothing but profiteering leeches in the middle who contribute NOTHING to the process. Thus my disgust with the similar NWO zealots and the central bank swindlers.
This nation gave up making money via manufacturing for the most part. Now all we have left is a dependency on ever deepening debt and a mentality that says "we have to rescue the mortgage industry."
Now would someone be so kind as to explain to me where that's going to take us in the next 28 years? I'll be at the end of my life expectancy then and I'd like to know how the hell I'm going to feed myself...and I'm hoping to avoid Soylent Green.
__________________
clam the powerstroke grinch
2000 Excursion LTD 4x4
Slightly tweaked HPCR 5.9 Cummins
Allison 1000 5 speed auto
Last edited by clamgulch : 07-16-2008 at 08:01 PM.
Working in the auto industry I love the irony of this economy. They shipped production of everything that they could over to China. China has money flooding in and starts building plants like crazy. Building these plants makes fuel and material (steel, brass etc) pices skyrocket. People in the US are out of jobs and can't afford the higher fuel/material prices so they stop buying large trucks and SUV's. Can't say I feel too bad for the big three.
__________________
2002 F250 Crew-Cab Short-Box 4x4 Off-Road 7.3L
283 HP/ 570 Lbs/Ft
BTS Trans
BTS 4-Stage FlipChip
AFE stage 1 Intake System
Silverline 4" T-304 Stainless Turbo-Back Exhaust-Donahoe Racing "Edge 4.5" Plush Ride lift
BFG all terrain 35" tires
I nominate Clam for an honorary DieselStop PhD. in Conspiracy Economics. I really hope all of you have read or will read all of the materials that he was good enough to post links on. Most will not. He really has researched the situation quite well over the years. Them there links are worth their time in reality. They are not theories if they are truth. They are truth.
On a happy note, my Ex is quite happy running 85% free WMO (15% #1) and I can live with $0.75 a gallon tax free fuel but for unknown reasons it still bothers me to pay $30 to fill up every 800 miles.
Whatever you do, don't Google Planet X, it will make you wish you hadn't.
Thanks for the kind words 06- My single desire in all of this is for people to know the truth, whether I'm right or wrong, and they get off their butts and do something about it.
A good start would be to never give Nancy Pelosi another vote- Pelosi stands firm against offshore drilling - International Herald Tribune
I can't stand Bush and co, but at least I can say they are bald face liars right up front. It's the two faced, spineless "Rich California Interests first" that piss me off about her attitude. Then there's their wishy-washy governator who is willing to be vice president for either party...then we end up with a foreign born Rothschilds suck-up one heart beat away from the presidency.
Check out this photo if you think I'm blowing smoke: Conspiracy Planet - Criminal Government - Arnold: The Rothschilds' Man in California
That photo was taken before he was governor- when Enron was going TU and owed the State of California something like $15 billion dollars. That's why the terminator was chatting with "the boss." Arnold was elected shortly afterward and before he was even sworn in, he said that Californians needed to put the whole thing behind them and move on and then proceeded to ram-rod a state tax bill through his first week in office for...yep, $15 Billion. How about them apples. The Rothschilds motto seems to be, "We make money the old fashioned way: we steal it from tax payers and peasants by controlling their governments and resources."
Maybe the Kindergarten Konman and Joe Lieberman should start their own party and run together. Pelosi would no doubt be their biggest fan.
Just who's agenda are these people on? Yours? I doubt it. I don't think anyone on this site has that much money.
Before anyone reports me for violating the "NO POLITICS" rule, please understand that I'm not talking politics- I'm showing a pattern of conspiracy regardess of political persuasion.
__________________
clam the powerstroke grinch
2000 Excursion LTD 4x4
Slightly tweaked HPCR 5.9 Cummins
Allison 1000 5 speed auto
Last edited by clamgulch : 07-17-2008 at 11:07 AM.
Oil down a total of 13% this week. Now while I agree that when supply and demend/USE are very close it sets up a domino speculation situation right now oil has hit about $129 down from $147 in less than a week. Supply and demend does not fluctuate that much in a week.
Also note that Natrual Gas is also down to $10.68.
__________________
Too much junk/toys to mention, ever changing due to too getting bored too quickly. I need a 10 step program!
Want to call? I'm in the book. Want to argue....First explain the square root of negative one....lol
Oil down a total of 13% this week. Now while I agree that when supply and demend/USE are very close it sets up a domino speculation situation right now oil has hit about $129 down from $147 in less than a week. Supply and demend does not fluctuate that much in a week.
Also note that Natrual Gas is also down to $10.68.
The difference between $200 oil and $20 oil is about 6% more or less supply or demand. That's it.
Oil inventories built more than expected this week. Oil demand was down. A bank failed. It came to light that Fannie and Freddie need to be bailed out. Employment is down and housing is still in the tank.
The number you are quoting is a FUTURES market contract price. Don't ya think that all of the above things are indicators that the FUTURE oil demand might be a bit sluggish ? Demand didn't change that much this week, but it looks like it is going to change a lot in the future.
The difference between $200 oil and $20 oil is about 6% more or less supply or demand. That's it.
Oil inventories built more than expected this week. Oil demand was down. A bank failed. It came to light that Fannie and Freddie need to be bailed out. Employment is down and housing is still in the tank.
The number you are quoting is a FUTURES market contract price. Don't ya think that all of the above things are indicators that the FUTURE oil demand might be a bit sluggish ? Demand didn't change that much this week, but it looks like it is going to change a lot in the future.
In their own little game!!
__________________
Too much junk/toys to mention, ever changing due to too getting bored too quickly. I need a 10 step program!
Want to call? I'm in the book. Want to argue....First explain the square root of negative one....lol
I like the guy too. He and I see things the same way.
But that explains a lot!
__________________
Too much junk/toys to mention, ever changing due to too getting bored too quickly. I need a 10 step program!
Want to call? I'm in the book. Want to argue....First explain the square root of negative one....lol
Drill Here, Drill Now, Pay Less !
go to Americansolutions.com and sign the petition !
It may not fix the pollitical problems, but it might help our pocket books for a while.
Generally, when people feel the need to preference with this, it's exactly what their intentions are.
From what I know of clam, whatever it explains to you is irrelevant.
In a non-agreement sort of manner and not be insulting!
Ron Paul?
__________________
Too much junk/toys to mention, ever changing due to too getting bored too quickly. I need a 10 step program!
Want to call? I'm in the book. Want to argue....First explain the square root of negative one....lol
Linear Mode
