thereisnospoon
Gold Member
You are an idiot.
"We" don't have any oil. The rights to drill "our" oil are leased to corporations mostly multinational and the oil is sold on the open market to the highest bidder. The high cost at the pump is a direct result of record profit taking by the refineries. But you don't really care about facts do you? 370 million in profits a day sparky last qtr.. Supply is not the problem..it is production regulated at the refineries. But don't let that slow down your bullshit. The more people that are miss-informed the better for your overlords.
Idiot?.....Umm genius. The harvesting of more oil no matter where it is sold increases the supply. Commodities exchanges by which the price of oil is set, do not care where oil comes from nor do they care who buys it. They bid the price based on supply vs demand vs the value of the US Dollar. The currency on which the price is based.
Intellectually you brought a knife to a gun fight. Nice move.
Who is the idiot now? You don't have to answer that.
Profit taking? Hey Einstein, once again you've exposed yourself. The refiners pay the same price as those companies that drill for the oil just as the shipping companies and pipeline owner pay to get the product to market.
Jesus Christ ,you are stupid.
No sir ..you are the idiot and quite likely a liar. Shell and Exxon pay for U S and Canadian crude roughly for the same price as Texas Sweet crude which is running about 108 a barrel and sell it to their own refineries here in the U S for the price of North Sea Atlantic Crude which is going for about 130 a barrel. It isn't a gunfight idiot. It is a scam. We have 2% of the known reserves on the planet. If we sold all of our oil and drilled it this year and GAVE it to "Our" refineries we would still pay the same at the pump because the oil companies have no conscience towards American consumers.
Tell your bullshit to somebody else fuckwit.
well as lick. you can think what you want as long as it makes you feel better.
Until you can produce a fucking link stating those facts, your farting into the wind.
BTW fuckwit....33% of the oil consumed comes from the now closed Gulf of Mexico.
Once again..thank you for bringing a pea shooter to a gun fight.
Don't you ever challenge me on the facts. For every knee jerk reactionary liberal spineless jagoff response you can produce, I have facts to refute them.
So shove it up your well invaded ass. Bone smuggler.
Now, think real hard about your next move. Do you produce some links or do you continue with your accusations of not telling the truth.
Oh, one more thing..To really squash your insignificant ass like a bug.....July 2008 Oil reaches $147 per barrel.... Then President Bush issues an executive order lifting the off shore drilling ban....4 days later the price of crude ( NYMEX) fell to $128 per barrel ...BY mid August the price was down to $113.....Gonna call me a liar on that? GO ahead.