cheburashka
Senior Chief Petty Officer
- Joined
- May 28, 2005
- Messages
- 715
Re: Oil Futures.
If you had any brains at all, you'd realize how idiotic this sounds. There's more in the ground that they aren't getting because of the Kool Aide drinkers. Your comparing the current oil situation to the gold rush simply shows your ignorance of history. Just another bit of cornfabulation on your part. Next you'll be telling me the settlers burned oil in their Cornestoga Wagons. Why don't you corntemplate reading a book or two (you might want to start with "The Cat in the Hat") before you try to weigh in with your half-baked opinions.
The weak dollar is just another scapegoat. If you can't understand how simple economic principles like supply and demand work, you have no business cornducting any kind of discussion at all.
Should I corntinue? I'm afraid that if I tried, the rest of my brain cells might never re-engage.
My point is that there is an increase in supply, the demand is constant, and the price still climbs. The number aren't adding up. Will the saudis continue with elevated production? Don't know. What I do know is they are putting out more for now.
The supply end of the equation is getting bigger and bigger. Oil companies are doing whatever they can to get the oil out of the ground. It reminds me of the gold rush of mid 1800's. Crewboats are coming out of retirement to supply the drilling, exploration, and the rigs themselves in the gulf. Ideas that were not feasible a couple years ago are now viable and the drillers are using everything they can to take advantage of the prices.
If you had any brains at all, you'd realize how idiotic this sounds. There's more in the ground that they aren't getting because of the Kool Aide drinkers. Your comparing the current oil situation to the gold rush simply shows your ignorance of history. Just another bit of cornfabulation on your part. Next you'll be telling me the settlers burned oil in their Cornestoga Wagons. Why don't you corntemplate reading a book or two (you might want to start with "The Cat in the Hat") before you try to weigh in with your half-baked opinions.
Finally, the thought that everyone in china and india woke up one day and decided to buy a car and start driving is ridiculous. The price of oil has tripled in the past 18 months, does this mean that the people of india and china have tripled their consumption in 18 months? I just doesn't make sense. The weak dollar has something to do with the rise, but saying that it is supply and demand is wrong in my opinion.
The weak dollar is just another scapegoat. If you can't understand how simple economic principles like supply and demand work, you have no business cornducting any kind of discussion at all.
Should I corntinue? I'm afraid that if I tried, the rest of my brain cells might never re-engage.