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
civil unrest
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ncat12SBR MVP
- 11-24-09
- 1170
#1civil unrestTags: None -
C-GoldSBR Hall of Famer
- 09-04-10
- 6808
#2We do, there are idiot speculators bidding the price up.Comment -
Nats' FanSBR MVP
- 05-30-10
- 3057
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kiefynugsSBR Wise Guy
- 11-20-10
- 572
#5uh 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 -
EmpireMakerSBR Posting Legend
- 06-18-09
- 15580
#6the 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 companiesComment -
dizzy_7SBR Sharp
- 07-12-10
- 437
#7When 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 makeComment -
princecharlesSBR Wise Guy
- 11-22-10
- 827
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princecharlesSBR Wise Guy
- 11-22-10
- 827
#9Why try to figure out third world animals using a reasonable western metric?Comment -
hugh4310SBR MVP
- 01-10-10
- 2302
#10Yeah then we run out and the prices go even higher.Comment -
jeffdaneSBR Hall of Famer
- 09-20-09
- 5165
#11Prob be looking at 6.00 gallon this summer.Comment -
pittmatt80SBR Sharp
- 01-30-10
- 358
#12The 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 -
falconticketSBR MVP
- 09-05-10
- 3414
#13Damn sand monkeysComment -
SquareguySBR Sharp
- 12-30-10
- 481
#16I'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 -
princecharlesSBR Wise Guy
- 11-22-10
- 827
#17call them what they are..riotsComment -
princecharlesSBR Wise Guy
- 11-22-10
- 827
#18bullshit........its riots i said!!!Comment -
acarmelo1SBR Hall of Famer
- 09-29-09
- 6321
#19
Look at Norway, they are even making hydrogen stations on the road.
Cars exahoust Water, not Smoke.Comment -
ncat12SBR MVP
- 11-24-09
- 1170
#20only 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....NOTComment
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