Oil Futures.

Status
Not open for further replies.

cheburashka

Senior Chief Petty Officer
Joined
May 28, 2005
Messages
715
Re: Oil Futures.

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.
 

OldMercsRule

Captain
Joined
Nov 30, 2006
Messages
3,340
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.

N' here I thought you didn't believe it was supply or demand: Che! Good job. Ya learn real quick. :D :D :D JR
 

cheburashka

Senior Chief Petty Officer
Joined
May 28, 2005
Messages
715
Re: Oil Futures.

N' here I thought you didn't believe it was supply or demand: Che! Good job. Ya learn real quick. :D :D :D JR

Yep, I'm a fast learner. Here's what I figured out. You start by creating a completely vacuous argument with no backing whatsoever--basically a loud opinion. Next, come on heavy with some bullying, browbeating and chest-thumping, and belittle other people for doing the exact same things you do in your own posts. That way, maybe no one will notice that there's no content to your argument. Next, purposefully misspell a few things to give it a home-spun feel, but more importantly so that no one will notice that you tend to misspell things by accident anyway, and there you have it. The gist of virtually every post you've put into this thread. Also the key to what's broadcast by most of the media pundits on both sides of the political spectrum. It only takes around ten minutes to learn the techniques, but don't be fooled. Mastering them sometimes takes as long as thirty minutes.
 

OldMercsRule

Captain
Joined
Nov 30, 2006
Messages
3,340
Re: Oil Futures.

Yep, I'm a fast learner. Here's what I figured out. You start by creating a completely vacuous argument with no backing whatsoever--basically a loud opinion. Next, come on heavy with some bullying, browbeating and chest-thumping, and belittle other people for doing the exact same things you do in your own posts. That way, maybe no one will notice that there's no content to your argument. Next, purposefully misspell a few things to give it a home-spun feel, but more importantly so that no one will notice that you tend to misspell things by accident anyway, and there you have it. The gist of virtually every post you've put into this thread. Also the key to what's broadcast by most of the media pundits on both sides of the political spectrum. It only takes around ten minutes to learn the techniques, but don't be fooled. Mastering them sometimes takes as long as thirty minutes.

So now I'm cornfused ya really don't think it is supply demand I take it? N' you were jus' pickin' on that poor missinformed feller, but didn't mean it.

You were jus' makin' fun of ol' Murky? Are ya angry n' upside down n' whacked all the time or jus' when I cross swords with ya, eh: Che? :D :D

If there is lots of supply and very little demand prices are High and if there is lots of demand and very little supply and prices are cheap?

Hmmmmmmm, I say. Whatever floats that boat of yers: Che!! :rolleyes: JR
 

cheburashka

Senior Chief Petty Officer
Joined
May 28, 2005
Messages
715
Re: Oil Futures.

You were jus' makin' fun of ol' Murky? Are ya angry n' upside down n' whacked all the time or jus' when I cross swords with ya, eh: Che? :D :D

Angry? Upside down? Whacked? I know a guy like that. Can't quite think of his name right now.

Let me know when you get a sword, and maybe we can cross 'em. Whipping out a bread knife and shouting "Get oot of the wee of me Claymore, laddie or I'll run ye through" doesn't constitute swordplay in my book.
 

Scaaty

Vice Admiral
Joined
May 31, 2004
Messages
5,180
Re: Oil Futures.

OMR!!!..nice to hear from ya again! Still running the stainless 24x12 pitch hubless on the Flatbottom. TOP..a full "nail", has 3500 , starts grabbing, drops a few, and gone. Solid 5700 r's WOT. Too cool. Your prop ok, but cavitates till a "grab". ..(but LOVE THAT WOUND UP OLD MERC ON A "SONG"!)..Gotta toss a cup in it..good spare..thanks for it..!
Got more (4 total) blades TOP's..need something, lemeno. Have the 2 Merc Gurus here "our side" the water. ...shop fulla old TOP parts.
On the gas thing...some still think we are the world power. and set the rules. Long gone...ya be right on the money yer post....but I will go back to lurking, as getting banned, is getting old...mind police...YKWIM?..take care..remember July 5th, is the start of summer PNW...(maybe...what a lousy spring, but no floods, no Tornados, no zip, but 60's and gray and BORING!)...now if we can get rid of the witch running the "state", we just might get somewhere! Ya know where I speak here..now, I'll back "off line"...lurk...safer there...in the "cheap seats"...Robby
 

i386

Captain
Joined
Aug 24, 2004
Messages
3,548
Re: Oil Futures.

Supply and Demand can both be manipulated. The "market" is easily exploited. If pure capitalism and free markets ever really existed anywhere besides on paper they are surely dead now.
 

OldMercsRule

Captain
Joined
Nov 30, 2006
Messages
3,340
Re: Oil Futures.

Angry?

Sure sound angry ta me.

Upside down?

Sure look upside down ta me.

Whacked?

Yep.

I know a guy like that. Can't quite think of his name right now.

Che! :)

Let me know when you get a sword, and maybe we can cross 'em.

Got one.

Whipping out a bread knife and shouting "Get oot of the wee of me Claymore, laddie or I'll run ye through" doesn't constitute swordplay in my book.

Still angry I see. :p JR
 

OldMercsRule

Captain
Joined
Nov 30, 2006
Messages
3,340
Re: Oil Futures.

Supply and Demand can both be manipulated.

Yes supply has been artificially limited, (a person could call that a form of manipulation). How would ya manipulate demand? Please explain how that could happen.

The "market" is easily exploited.

Don't know how easy it is to exploit. Hope ya don't think market exploitation is new. Ya did hear about Teddy Roosevelt did ya not?

If pure capitalism and free markets ever really existed anywhere besides on paper they are surely dead now.

Naaaah. Capitalism is alive n' well i386. the Cuban's n' Chinese get Capitalism better then some of our politicians, that is the shame of it. Respectfully, JR
 

jay_merrill

Vice Admiral
Joined
Dec 5, 2007
Messages
5,653
Re: Oil Futures.

If only it were as simple as supply and demand. The Saudis, themselves, have said that the current crude prices are not a reflection of supply and demand.

That said, the sabers that I hear rattling are those of the mods. I'd give this thread about another day, at best.
 
Status
Not open for further replies.
Top