Posts by shamus100

posted

143
Oil Execs Defend Huge Profits Before Senate
by momzcrazy in
1. social
2. current
my fave line in this article.

people we represent are hurting, the companies you represent are profiting.

http://www.msnbc.msn.com/id/24757944.
shamus100

Or invade Iraq (past) or Iran (future)
(oh, no he diden't saaay that... oh yea he did....) I'M JUST KIDDING FOLKS - chill pill please...
143
Oil Execs Defend Huge Profits Before Senate
by momzcrazy in
1. social
2. current
my fave line in this article.

people we represent are hurting, the companies you represent are profiting.

http://www.msnbc.msn.com/id/24757944.
shamus100

Flyinghigh,
I respectfully disagree. The United States does a lot of talking with Opec to keep they're production going as much as possible. They are the big players - not the United States.
Much of this talk is sounding a little like a conspiracy theory - private companies make money from oil and gas, not George Bush. People purchase stocks in said companies hoping that the company will do good, so everyone's stock price goes up and everyone makes money. You're all looking in hind sight, and if we could all do that, we'd all be rich, including George Bush and his buddies. They're looking at those resivoirs now, and want them. The problem here is they are definetly fininte. After a year they're production drops dramatically, and it becomes more and more difficult to extract the remaining oil out of those resivoirs. So drill some more, more, more - it doesn't matter, because the U.S. is running out, weather it's believed or not. If you tapped every resivior there was in the United States, you would still run out of oil eventually.
So let's say you bought stock in a company, and they made poor choices in regards to drilling and planning. You would go purchase stocks in the next company, and they would make better choices.
George Bush does not own all the oil companies, at least I don't think he does. (edited to add, at least in the united states that is)
143
Oil Execs Defend Huge Profits Before Senate
by momzcrazy in
1. social
2. current
my fave line in this article.

people we represent are hurting, the companies you represent are profiting.

http://www.msnbc.msn.com/id/24757944.
shamus100

FlyingHigh,
I know there are lots of untapped resiviors out there, but you have to find them, drill for them, produce them - it's not easy. Offshore is even more difficult - it may not have been feasible to drill for that oil until recently. Oil prices only recently skyrocketed. And even then, resivoirs are finite.
George Bush does not drive the oil and gas industry. Supply, demand, and pricing does. Weather George Bush has a thousand friends that are in the oil and gas industry is completely moot at this point. It is not George Bush's fault.
143
Oil Execs Defend Huge Profits Before Senate
by momzcrazy in
1. social
2. current
my fave line in this article.

people we represent are hurting, the companies you represent are profiting.

http://www.msnbc.msn.com/id/24757944.
shamus100

You're right, Indigo, but that's shoulda-coulda-woulda at this point. And how much would all that money alleviate in the long-term? The U.S. must rely on other countries for oil, even more so for the long-term. Opec can drive the price up with a snap of they're fingers if they wanted to. The real solution is alternative energy solutions. That's where they should have spent they're money - not silly hybrids.
People with oil and gas are the real powers right now.
143
Oil Execs Defend Huge Profits Before Senate
by momzcrazy in
1. social
2. current
my fave line in this article.

people we represent are hurting, the companies you represent are profiting.

http://www.msnbc.msn.com/id/24757944.
shamus100

FlyingHigh,
You're mis-informed. The United States cannot produce enough oil to run itself. I am in the Oil and Gas industry, so I do know. They rely heavily on other countries for Oil and Gas. They're offshore drilling has picked up, but it's getting more and more difficult to find.
143
Oil Execs Defend Huge Profits Before Senate
by momzcrazy in
1. social
2. current
my fave line in this article.

people we represent are hurting, the companies you represent are profiting.

http://www.msnbc.msn.com/id/24757944.
shamus100

You're talking short term, I'm talking long-term. That's what they're speculating on - the big problem when there is not enough inventory to supply the world's demand for oil. And it is coming. And Bush has nothing to do with it.
143
Oil Execs Defend Huge Profits Before Senate
by momzcrazy in
1. social
2. current
my fave line in this article.

people we represent are hurting, the companies you represent are profiting.

http://www.msnbc.msn.com/id/24757944.
shamus100

That's right, Flying High.
The ball is rolling, and the U.S. can do little to alleviate the situation, IMO. People in third world countries are getting more advanced, and they need oil just as much as we do. The U.S. cannot produce enough oil to run itself, so it relies on exports. It's out of oil, and it's up to the rest of the world to supply it with oil. Thanks to democracy, and free trade, prices went up. It's just the price of freedom.
143
Oil Execs Defend Huge Profits Before Senate
by momzcrazy in
1. social
2. current
my fave line in this article.

people we represent are hurting, the companies you represent are profiting.

http://www.msnbc.msn.com/id/24757944.
shamus100

You're right. Speculation on supply and demand. The world economy no longer revolves around the United States.
280
California Court Affirms Right To Gay Marriage
by BenV in
1. jw
2. friends
just got this email!.

http://www.nytimes.com/2008/05/16/us/15cnd-marriage.html?partner=rssnyt&emc=rss.

ben (celebratin' with friends).
shamus100

Easy there big fella. Not all christians are like that - but I know the jist of what you're saying.
3
Hilarious crazy JW
by chrisjoel in
1. social
2. entertainment
http://www.youtube.com/watch?v=hjuv127k5xq&nr=1
shamus100

HAHAHAHA!
Warning: there is swearing, so don't open if your ears will get hurted....