Hey Kratz, your wasting your anti-Obama rants on Canadians who can't vote in U>S> elections, but hey, it's all good comedy.
Well we are the market leader in demand, or more accurately consumption. Being the market leader in "tone" i'll go ahead and give you, since it's entirely meaningless anyway.not in production but in demand; in tone, in financial speculation, and according to some charts previously posted in RESERVES
Well we are the market leader in demand, or more accurately consumption. Being the market leader in "tone" i'll go ahead and give you, since it's entirely meaningless anyway.
Tone matters more than supply?
As the "market leader in demand" (what a novel concept) the only way the US is going to lower pricing is by dramatically cutting oil consumption.
Please try and get real here. The GOP is talking about drilling in the Alaska National Wildlife Refuge. The contribution to US supply would not be material.what "actual number"... these ???? http://directorblue.blogspot.ca/2011/03/americas-combined-energy-resources-are.html // as you can see there is some "discussion" on what the actual number is . So you see I HAVE made an effort to discover what the "actual" number is ... have you?
what did bush do? who gives a fuck we are talking about today. i can say that to this day people mock Sarah Palins "drill baby drill" and Newt's $250 plan which has an actual 30 minuet video out there discussing an actually plan
Please try and get real here. The GOP is talking about drilling in the Alaska National Wildlife Refuge. The contribution to US supply would not be material.
People mock Sarah Palin because she is an idiot. $2.50/gallon oil is not a plan it is a dream. The GOP would do more to bring down the price of gas by saying categorically they would not attack Iran than creating fictions about the impact of more drilling.
My statement is that market price is regulated by supply and demand. If you think that is retarded--well that says a heck of a lot more about you than anything else.your question is an impossible question, there is no absolute answer to it. TONE is informed by factors like supply, demand, availability of financing, all kinds of things which in turn drives price.
your statement is retarded. there are a myriad of variables that impact price, like new supply at the margin. i mean i really don't understand you.
Oil companies have an interest in drilling and their sponsors the GOP have an interest in helping them. No one seriously believes that becoming more drill friendly today or after the election would have any immediate or short term affect on prices. And I mean any serious person.People interested in seeing the price of oil come down are suggesting that oil companies be allowed to drill responsibly wherever it makes sense not just anwr
and you think oil prices will come down when Iran has a nuke?
My statement is that market price is regulated by supply and demand. If you think that is retarded--well that says a heck of a lot more about you than anything else.
Oil companies have an interest in drilling and their sponsors the GOP have an interest in helping them. No one seriously believes that becoming more drill friendly today or after the election would have any immediate or short term affect on prices. And I mean any serious person.
I am not in favor of Iran having a nuke but that is a different issue. Speak to any oil trader at all, and I have, and they will tell you probably without exception, that the number one stress on oil prices today is the prospect of disruption because of threats to attack Iran. Whether or not you agree with the attack is an entirely different question.
The problem, which you're not honest enough to admit, is that the available exploration opportunities are just not that lucrative until the price goes a heck of a lot higher than it is today. For example most of it is in the Atlantic and is believed to be in smaller fields that are just as expensive to drill as Gulf oil fields, but with far lower yield. The price will have to up significantly, or technology advance, before it's profitable to go after that.
LOL.. Which serious people would those be? Sarah Palin? Michelle Bachmann? Glenn Beck?guess what, plenty of serious people think changes in government policy to be more friendly towards drilling and to actually start to explore for more oil would have an IMMEDIATE and SIGNIFICANT impact
you made the linkage to Iran and the reason why there is talk of war, so fuck off. If that is the reason you are getting from oil traders they are simply feeding you conventional wisdom. MARKETS NEED A NARRATIVE TO MAINTAIN THEIR TREND and that is a very simple narrative that guys like you will take as a viable explanation. Traders will grasp on to any excuse to justify their position and if they are long, suck more buyers in so their position will go up in value.