civil unrest

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  • ncat12
    SBR MVP
    • 11-24-09
    • 1170

    #1
    civil unrest
    why must there be civil unrest in the middle east to drive up oil price . do we not have enough oil in reserve to last a decade or 2
  • C-Gold
    SBR Hall of Famer
    • 09-04-10
    • 6808

    #2
    We do, there are idiot speculators bidding the price up.
    Comment
    • Nats' Fan
      SBR MVP
      • 05-30-10
      • 3057

      #3
      Originally posted by ncat12
      why must there be civil unrest in the middle east to drive up oil price . do we not have enough oil in reserve to last a decade or 2
      The key word is "reserve". Hypothetically, what if world war 3 happened tomorrow? That is why we do not touch our reserves.
      Comment
      • onetrickpony
        SBR Hall of Famer
        • 08-23-10
        • 9434

        #4
        Originally posted by Nats' Fan
        The key word is "reserve". Hypothetically, what if world war 3 happened tomorrow? That is why we do not touch our reserves.

        Comment
        • kiefynugs
          SBR Wise Guy
          • 11-20-10
          • 572

          #5
          uh no there is not enough american oil in reserve to last a decade. Scientists also discovered that oil production has already peaked and that we are entering the decline. Pretty much when OPEC admitted to lying about 40% of their reserves.
          Comment
          • EmpireMaker
            SBR Posting Legend
            • 06-18-09
            • 15580

            #6
            the oil companies used to wait until the oil used to cost them more before they raised gas prices but since the Bush Regime they raise prices instantly on the prospect of possible higher oil prices = massive profits for oil companies
            Comment
            • dizzy_7
              SBR Sharp
              • 07-12-10
              • 437

              #7
              When BP can lose all that money from a leaking oil well in the ocean... pay for all the cleanup, pay the fines and still makeboat loads of money, then you can really understand exactly how MUCH they actually make
              Comment
              • princecharles
                SBR Wise Guy
                • 11-22-10
                • 827

                #8
                Originally posted by dizzy_7
                When BP can lose all that money from a leaking oil well in the ocean... pay for all the cleanup, pay the fines and still makeboat loads of money, then you can really understand exactly how MUCH they actually make
                this is just pure silly!
                Comment
                • princecharles
                  SBR Wise Guy
                  • 11-22-10
                  • 827

                  #9
                  Why try to figure out third world animals using a reasonable western metric?
                  Comment
                  • hugh4310
                    SBR MVP
                    • 01-10-10
                    • 2302

                    #10
                    Yeah then we run out and the prices go even higher.
                    Comment
                    • jeffdane
                      SBR Hall of Famer
                      • 09-20-09
                      • 5165

                      #11
                      Prob be looking at 6.00 gallon this summer.
                      Comment
                      • pittmatt80
                        SBR Sharp
                        • 01-30-10
                        • 358

                        #12
                        The people that own the oil know it is going to run out sooner than expected and are trying to make as much money as they can before it's gone. Or technology replaces gasoline completely. Also they are a bunch of greedy bastards.
                        Comment
                        • falconticket
                          SBR MVP
                          • 09-05-10
                          • 3414

                          #13
                          Damn sand monkeys
                          Comment
                          • D3 Mighty Ducks
                            SBR Posting Legend
                            • 12-17-09
                            • 11939

                            #14
                            Originally posted by jeffdane
                            Prob be looking at 6.00 gallon this summer.
                            Yeah right.
                            Comment
                            • N.O.S.
                              SBR Wise Guy
                              • 03-18-10
                              • 843

                              #15
                              Originally posted by C-Gold
                              We do, there are idiot speculators bidding the price up.
                              Government must pass the law to shoot those scumbags because they put our national security in jeopardy.
                              Comment
                              • Squareguy
                                SBR Sharp
                                • 12-30-10
                                • 481

                                #16
                                I'm really hoping that this will push for some kind of cheap alternative.

                                I know they exist, but nothing that could really be entirely switched out for oil in 4-5 years.

                                Probably not a bad idea to invest in oil for at least short term.
                                Comment
                                • princecharles
                                  SBR Wise Guy
                                  • 11-22-10
                                  • 827

                                  #17
                                  call them what they are..riots
                                  Comment
                                  • princecharles
                                    SBR Wise Guy
                                    • 11-22-10
                                    • 827

                                    #18
                                    bullshit........its riots i said!!!
                                    Comment
                                    • acarmelo1
                                      SBR Hall of Famer
                                      • 09-29-09
                                      • 6321

                                      #19
                                      Originally posted by Squareguy
                                      I'm really hoping that this will push for some kind of cheap alternative.

                                      I know they exist, but nothing that could really be entirely switched out for oil in 4-5 years.

                                      Probably not a bad idea to invest in oil for at least short term.
                                      Hydrogen cars.

                                      Look at Norway, they are even making hydrogen stations on the road.

                                      Cars exahoust Water, not Smoke.
                                      Comment
                                      • ncat12
                                        SBR MVP
                                        • 11-24-09
                                        • 1170

                                        #20
                                        only if the texas Oil-billion-aires could have seen what they were gonna put there grandchildren through they MAY have done things differently and tried for an alternative way back....NOT
                                        Comment
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