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Obama's failed foreign policyFollow

#77REDACTED, Posted: Apr 12 2011 at 10:31 AM, Rating: Sub-Default, (Expand Post) Jophed,
#78 Apr 12 2011 at 10:39 AM Rating: Excellent
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The United States. Do try and keep up just a little, m'kay?
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Belkira wrote:
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#79REDACTED, Posted: Apr 12 2011 at 10:42 AM, Rating: Sub-Default, (Expand Post) Jophed,
#80 Apr 12 2011 at 10:45 AM Rating: Excellent
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The United States as a geographic region, not the government. Do try and keep up, m'kay?

Man, you're working HARD to avoid admitting that domestic production won't do jack towards allowing us to thumb our nose at foreign producers :D

Edited, Apr 12th 2011 11:45am by Jophiel
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#81 Apr 12 2011 at 11:53 AM Rating: Decent
Edited by bsphil
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varusword75 wrote:
Jophed,

Quote:
How exactly do you propose that we only purchase domestically produced oil?


First lets start getting serious about drilling. Something that will never happen as long as the Dems have any say in the matter.
The only way we can purchase only domestically produced oil is if the US is the world's only supplier of oil. Not going to happen.

Or do you support a government takeover of the industry telling all oil companies operating in the US who they are allowed to sell to? Sure doesn't sound like the "less government is better government" conservative mantra to me.

So varus, why do you support government takeover of not just private companies, but EVERY private company in the entire industry?



Edited, Apr 12th 2011 12:56pm by bsphil
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His Excellency Aethien wrote:
Almalieque wrote:
If no one debated with me, then I wouldn't post here anymore.
Take the hint guys, please take the hint.
gbaji wrote:
I'm not getting my news from anywhere Joph.
#82 Apr 12 2011 at 12:32 PM Rating: Good
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varusword75 wrote:
Jophed,

We're talking about capitalism. And it never ceases to amaze me that you think flooding the market with oil won't decrease it's cost. It's like the words supply and demand have no meaning for you.


It's not in private companies' own interests to flood a market to the point of dropping prices.

In fact, I put forward this little truism as one possible reason that private companies have been granted a slew of drilling rights in the USA that they are not acting upon.

Edited, Apr 12th 2011 2:37pm by Aripyanfar
#83REDACTED, Posted: Apr 12 2011 at 12:41 PM, Rating: Sub-Default, (Expand Post) Aripya,
#84 Apr 12 2011 at 12:54 PM Rating: Excellent
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varusword75 wrote:
You can't convince me that govn loosening drilling restrictions and really allowing US oil companies to access and distribute all this oil won't have a positive effect on the cost of fuel. The mere mention of loosening drilling restrictions causes the price of oil to drop.


No one would even think they could convince you - instead they just point out how you're consistently wrong and laugh at you Smiley: nod
#85 Apr 12 2011 at 12:55 PM Rating: Excellent
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varusword75 wrote:
You can't convince me that govn loosening drilling restrictions and really allowing US oil companies to access and distribute all this oil won't have a positive effect on the cost of fuel.

I don't have to. You want the change so you should be able to argue and defend why the change should happen.
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#86 Apr 12 2011 at 1:09 PM Rating: Decent
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Quote:
You can't convince me that govn loosening drilling restrictions and really allowing US oil companies to access and distribute all this oil won't have a positive effect on the cost of fuel.
Just for the sake of example you might understand. Canada is a large oil producing nation, it is also a top exporter in the world, (supplying 20% of the Domestic US supply), it has the second largest reserves in the world. Yet despite all that oil, and all the supply (which has great demand) not only do we Export over 60% of it, we also pay more than you do in Gas prices. (currently 1.27 a liter in town which is 4.82/gallon.) As a top oil nation, we pay more than you do, because domestically produced oil is still subject to sale on the open market, and if a COMPANY can make more globally than nationally, then that is what they will do. Hence why 60% of our production is Exported (mostly to the US and Mexico) and we Import the majority of our Oil from the USA.
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#87REDACTED, Posted: Apr 12 2011 at 1:22 PM, Rating: Sub-Default, (Expand Post) Joph,
#88REDACTED, Posted: Apr 12 2011 at 1:23 PM, Rating: Sub-Default, (Expand Post) Locked,
#89 Apr 12 2011 at 1:30 PM Rating: Excellent
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varusword75 wrote:
Locked,

Are you going to actually say anything anytime soon?


Probably not. I prefer typing to VOIP.
ZING!

Edited, Apr 12th 2011 3:31pm by LockeColeMA
#90 Apr 12 2011 at 1:35 PM Rating: Decent
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8$ a gallon lololol. That is rich. That is a 213% increase. From current levels. Considering the price of gas has only increased 31% since this time last year (and at an spikey rate due to the Global Economy recovering. But is still actually still 10% less than pre-recssion levels.)

Edited, Apr 12th 2011 3:37pm by rdmcandie
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#91 Apr 12 2011 at 1:41 PM Rating: Excellent
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varusword75 wrote:
And the argument for why change should happen now is real simple 8$ a gallon. That's it.

Well, you're right about it being "simple". Not exactly a strong argument supporting your claims though.
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#92 Apr 12 2011 at 2:09 PM Rating: Excellent
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Jophiel wrote:
varusword75 wrote:
And the argument for why change should happen now is real simple 8$ a gallon. That's it.

Well, you're right about it being "simple". Not exactly a strong argument supporting your claims though.


Pretty sure Varus' paranoia comes from columns like this:
Quote:
Better get ready for gas prices to go way back up, to the $4-per-gallon heights of last summer and even beyond. And it won’t be because of anything OPEC does, or the lunatics running either Iran or Venezuela. It will be because the U.S. government thinks you should pay much more for the gas you depend upon to get to work, go to the grocery store and pick up the kids at school. It’s all for your own good because, remember, the government is here to help us.

It hasn’t gotten much attention but Steven Chu, President-elect Barack Obama’s choice as Secretary of Energy, is a firm believer that the federal government should increase taxes on gas in order to push the price-per-gallon up to European levels. That’s what he told The Wall Street Journal in September. It’s for our own good, see, because forcing the price of gas into the stratosphere will make us stop driving our evil automobiles and instead use mass transit. Or bicycles. Or walk.



Read more at the Washington Examiner: http://washingtonexaminer.com/opinion/2008/12/are-you-ready-8-gallon-gasoline#ixzz1JLEcHuHf


Note that Obama went on record disagreeing with Chu's idea.
#93 Apr 12 2011 at 2:12 PM Rating: Decent
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Disagreeing with a subordinate's claims is how you float media test balloons.

Technically if you want to push more mass transit and development of hydro/electric/hamster powered personal vehicles taxing the heck out of gas is the way to do it and there's nothing wrong with that agenda.

Somehow humans survived and procreated to the point where there are several billion of us on the planet prior to oil powered personal vehicles. I'm pretty sure peak oil (actual or forced) isn't going to kill us off.
#94 Apr 12 2011 at 2:16 PM Rating: Excellent
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We went around with that Chu article a few weeks back. That was when Gbaji tried to edumacate us all about oil subsidies and domestic production levels.
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#95 Apr 12 2011 at 3:28 PM Rating: Good
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I think todays oil prices are more a result of market speculation in oil futures. Which, if that's right would lead me to believe that its more connected to a function of supply/demand.

Which leads me to also believe that if people considerably and conciously reduce their demand for oil products, then the price will also drop.

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#96 Apr 12 2011 at 3:56 PM Rating: Excellent
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paulsol wrote:
I think todays oil prices are more a result of market speculation in oil futures. Which, if that's right would lead me to believe that its more connected to a function of supply/demand.

Which leads me to also believe that if people considerably and conciously reduce their demand for oil products, then the price will also drop.



I read an article a few weeks ago that says price really has very little to do with supply and demand and more to do with speculation.
Here it is.
#97 Apr 12 2011 at 3:58 PM Rating: Decent
Edited by bsphil
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paulsol wrote:
I think todays oil prices are more a result of market speculation in oil futures. Which, if that's right would lead me to believe that its more connected to a function of supply/demand.

Which leads me to also believe that if people considerably and conciously reduce their demand for oil products, then the price will also drop.
It's actually not tied to supply/demand at all. The supply was unaffected by the Libya situation and yet the prices are still going up because of it.
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His Excellency Aethien wrote:
Almalieque wrote:
If no one debated with me, then I wouldn't post here anymore.
Take the hint guys, please take the hint.
gbaji wrote:
I'm not getting my news from anywhere Joph.
#98 Apr 12 2011 at 4:05 PM Rating: Good
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bsphil wrote:
It's actually not tied to supply/demand at all. The supply was unaffected by the Libya situation and yet the prices are still going up because of it.



Thats why I mentioned Future speculations as being the driver behind todays prices.

And whilst its just my musings on the subject and I happily admit its not my main interest in life, if oil prices were not connected to supply and demand, its the only commodity whose price isnt, that I can think of anyway.
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#99 Apr 12 2011 at 4:40 PM Rating: Good
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I just read the linked article and it seems to be agreeing with what I said...

That Oil prices are linked to the future market speculators who are gambling on there being a 'potential risk' to future supply.


It follows that if there is less demand, then oil prices will also fall.

Same as any other commodity, from carrots to cars.
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#100 Apr 12 2011 at 5:25 PM Rating: Decent
Edited by bsphil
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paulsol wrote:
bsphil wrote:
It's actually not tied to supply/demand at all. The supply was unaffected by the Libya situation and yet the prices are still going up because of it.



Thats why I mentioned Future speculations as being the driver behind todays prices.

And whilst its just my musings on the subject and I happily admit its not my main interest in life, if oil prices were not connected to supply and demand, its the only commodity whose price isnt, that I can think of anyway.
Well, yeah. It's about future speculation, but future speculation doesn't need a basis in reality.
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His Excellency Aethien wrote:
Almalieque wrote:
If no one debated with me, then I wouldn't post here anymore.
Take the hint guys, please take the hint.
gbaji wrote:
I'm not getting my news from anywhere Joph.
#101 Apr 12 2011 at 7:49 PM Rating: Good
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varusword75 wrote:
Joph,

Quote:
Saudi Arabia doesn't like the idea of democracy


And how about the radical muslims that violently took control of the govn? Do you think they value the idea of democracy?

Quote:
wanted the US to prop up Mubarak


No they wanted to see if the US would support it's allies against radical muslims seeking to take control. Man you love twisting reality to suit your liberal talking points.

Fact is Obama has p*ssed on every major ME ally W spent a decade creating.


And you liberals don't give two sh*ts about another countries quest for democracy. Iraq was a perfect example of this. Saddam was an actual homicidal mass murdering dictator that continually threatened US interests abroad and you liberals actually worked counter to what the W administration was trying to do. So don't come here and pretend like you care about anyone in the ME; it just isn't so.


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