Oil's Rapid Rise Stirs Talk of $200 a Barrel This Year

Take energy of the commodities market.
Stop loopholes in trading.
Start a refinery like Sasol in South Africa - synfuels coal conversion on an old military base in Nevada - either wholly owned or tax subsidized coop by the federal government as a partner. Strict controls on product to be sold in the US only.(This one refinery in South Africa produces enough to cover 25% of all motor fuel, diesel, and jet fuel needs of the South Africa and burns cleaner than traditional product from crude.) Easy access for delivery of coal by rail. Fast track EPA studies. Learn from Sasol in South Africa how to do it. Break the backs of Middle East Oil and Multinational Oil Conglomerates. We have 250+ years of unlimited coal supplies. Will you see the fraud perpetrated on the world end? Yes. But build it anyhow. Stop all federal subsidies to oil companies - force them to refine more to make a profit, to drill more to make a profit, to build more refineries for all those they have eliminated to control the market. Support alternative fuels with the savings to Big Oil. Time to play hardball - think Congress will support something that makes sense or continue to get lobbyist graft? Bounce them out on their asses Dems and Repubs alike if they don't vote for the American people instead of corporations. Think the American people can forego politics and do something for the long range good of America? Or just whine. Ready for the whiners now.

Hysterical?

Don't you love these self-fullfilling prophesys. Prophesy, then make it happen. Wyojake's first two sentences says it all.

wyojake wrote:

Take energy of the commodities market.
Stop loopholes in trading.
Start a refinery like Sasol in South Africa - synfuels coal conversion on an old military base in Nevada - either wholly owned or tax subsidized coop by the federal government as a partner. Strict controls on product to be sold in the US only.(This one refinery in South Africa produces enough to cover 25% of all motor fuel, diesel, and jet fuel needs of the South Africa and burns cleaner than traditional product from crude.) Easy access for delivery of coal by rail. Fast track EPA studies. Learn from Sasol in South Africa how to do it. Break the backs of Middle East Oil and Multinational Oil Conglomerates. We have 250+ years of unlimited coal supplies. Will you see the fraud perpetrated on the world end? Yes. But build it anyhow. Stop all federal subsidies to oil companies - force them to refine more to make a profit, to drill more to make a profit, to build more refineries for all those they have eliminated to control the market. Support alternative fuels with the savings to Big Oil. Time to play hardball - think Congress will support something that makes sense or continue to get lobbyist graft? Bounce them out on their asses Dems and Repubs alike if they don't vote for the American people instead of corporations. Think the American people can forego politics and do something for the long range good of America? Or just whine. Ready for the whiners now.

These would be excellent ideas if it weren't for the fact that our government is bought and sold to the highest bidders. There isn't a politician among them who has the ability to do anything for the common good of the whole of this country. Every politician is indebted to the corporations that made his election possible.

Sorry some people can't see facts. They are the ones who are part of the problem. Shortsighted people see shortsighted solutions. Time for some far-ranging results.

Donna Atlanta GA wrote:

<quoted text>
These would be excellent ideas if it weren't for the fact that our government is bought and sold to the highest bidders. There isn't a politician among them who has the ability to do anything for the common good of the whole of this country. Every politician is indebted to the corporations that made his election possible.

then eliminate them. the only reason they are there is because our votes. personal responsibility time.

Weren't people making similar predictions about the real estate market three years ago?

wyojake wrote:

Take energy of the commodities market.
Stop loopholes in trading.
Start a refinery like Sasol in South Africa - synfuels coal conversion on an old military base in Nevada - either wholly owned or tax subsidized coop by the federal government as a partner. Strict controls on product to be sold in the US only.(This one refinery in South Africa produces enough to cover 25% of all motor fuel, diesel, and jet fuel needs of the South Africa and burns cleaner than traditional product from crude.) Easy access for delivery of coal by rail. Fast track EPA studies. Learn from Sasol in South Africa how to do it. Break the backs of Middle East Oil and Multinational Oil Conglomerates. We have 250+ years of unlimited coal supplies. Will you see the fraud perpetrated on the world end? Yes. But build it anyhow. Stop all federal subsidies to oil companies - force them to refine more to make a profit, to drill more to make a profit, to build more refineries for all those they have eliminated to control the market. Support alternative fuels with the savings to Big Oil. Time to play hardball - think Congress will support something that makes sense or continue to get lobbyist graft? Bounce them out on their asses Dems and Repubs alike if they don't vote for the American people instead of corporations. Think the American people can forego politics and do something for the long range good of America? Or just whine. Ready for the whiners now.

Excellent post!

Donna Atlanta GA wrote:

<quoted text>
These would be excellent ideas if it weren't for the fact that our government is bought and sold to the highest bidders. There isn't a politician among them who has the ability to do anything for the common good of the whole of this country. Every politician is indebted to the corporations that made his election possible.

Wrong, Ron Paul is not for sale.

In ten years there will be plenty of people saying - "Why didnt I listen to that funny little man telling the truth"

Michael Ejercito wrote:

Weren't people making similar predictions about the real estate market three years ago?

Peter Schiff did.
As did all students of Austrian economics, you just didnt listen.

In 2000 the price of oil on the worlds market was $27 a barrel. The exchange rate for Euros was 1.19 euro to the dollar. So in 2000 the EU paid 32.13 euros per barrel.
Now the barrel is $140 and the exchange rate is .63 euros. So the EU now pays 88.20 euros per barrel.

EU - 32.13 to 88.20
US - 27 - 140

Last Thursday the EU raised its central bank rates. This will strengthen the euro over the dollar. In other words the EU will pay even less for oil soon.
You'all need to understand the price of oil is up for us far more than for anybody else. The oil and all commodities prices are up because our dollar is being destroyed by our central government, which is way too big and costly.
And to top it off when the banks on Wall Street went bankrupt with these mortgage scams the federal reserve bailed them out with approx. 400 billion from the tax payers. With this money these investment banks speculated the only game left in town, commodities.
The problem is the whores on Wall Street and their leverage is your 401's and standard of living.

Consider the words of Thomas Jefferson -
"I hope we shall crush in its birth the aristocracy of our monied corporations which dare already to challenge our government to a trial by strength, and bid defiance to the laws of our country."

"I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."

Our central bank is privately owned, think about it.
It started in 1913 and lead us into the great depression, and now this one.
In 1913 the first dollar printed, in 1790, was still worth 97 cents. The first dollar printed by these private banksters, 1913, is now worth less than 4 cents.

Just fell $4 a barrel today. Hope a lot of futures traders god their pocketbooks singed badly.

wyojake wrote:

<quoted text>
then eliminate them. the only reason they are there is because our votes. personal responsibility time.

I have to agree. If the politicians will not do what is best for this country (allowing any and ALL oil exploration and pumping as long as it is done in accordance with the current federal laws, under which, by the way, we have NEVER had a oil platform or tower spill oil), get them the heck out of office.

The Bush administration is doing a fine job...

want cheaper gas

http://www.americansolutions.com/

tell the environazies to pound sand

LocalBoy wrote:

<quoted text>Wrong, Ron Paul is not for sale.
In ten years there will be plenty of people saying - "Why didnt I listen to that funny little man telling the truth"

Could be.

Everyone thought Ross Perot was crazy when he told us NAFTA would create a giant sucking sound of jobs leaving this country.

And now we see that he knew what he was talking about.

I think that across the board, in both the Democrat and Republican Party, we have the stupidist and most corrupt politicians this nation has ever been cursed with.

But they are a reflection of we the voters who put them there.

States could look ahead at a little potential revenue from providing a variance for electric golf carts that have lights, signals and mirrors installed and run only inside the city limits of the state.

That business would boom. Once the state passes that then invest in golf cart production.

Golf cart manufacturers can even state lobbying the states to do this in the smaller to mid size cities.

Nelson: Oil a factor in Iraq deployment
July 5, 2007 http://tinyurl.com/ywcn24
The Howard Government has today admitted that securing oil supplies is a factor in Australia's continued military involvement in Iraq.
Defence Minister Brendan Nelson said today oil was a factor in Australia's contribution to the unpopular war, as "energy security" and stability in the Middle East would be crucial to the nation's future.
http://www.theage.com.au/news/national/howard...

Mac-7 wrote:

I think that across the board, in both the Democrat and Republican Party, we have the stupidist and most corrupt politicians this nation has ever been cursed with.
But they are a reflection of we the voters who put them there.

No doubt, Mac.
Bi-polar politics is epidemic.
There is very little difference between the Dems and repubs.