Why Are Gas Prices So Low?

Abiqua

Abiqua

Well-Known Member
UncleBuck said:
gas is inexpensive because of obama. period. end of discussion.
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Santa Claus was extra nice this year.....wait till the bond market collapses, people will pray for $5 gas....

Jean Pain Jean Pain Jean Pain Jean Pain Jean Pain Jean Pain Jean Pain
 
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ChesusRice

Well-Known Member
Abiqua said:
Russia and China just finalized a deal for not one but two pipelines that cross each other's borders. They also were signed in renminbi aka the yuan and bypass the dollar altogether.
The US dollar standard means that we make money any time an oil trade goes down, no matter whether its our money or not, because its our money, make sense?
The BRICS nations, look em up, emerging economies, most without huge longterm debt and a majority are oil/gas producers, what could go wrong.....Google, blackle, duckduckgo, just read.

When the US dollar is bypassed, like the BRICS nations have been attempting to do, the US doesn't make money on oil trades especially when Saudi's lose their market share since they are our partners in the whole "deal". [This isn't conspiracy or speculation, this is just what has actually happened, google the fuck out of it, especially Cheesus. Undereducated and ad hominemed, is no way to run thru life.....]
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Ron Paul lost. Get over it.
Abiqua said:
Santa Claus was extra nice this year.....wait till the bond market collapses, people will pray for $5 gas....

Jean Pain Jean Pain Jean Pain Jean Pain Jean Pain Jean Pain Jean Pain
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I've been hearing this Paulista crap you have been spewing since 2007. Before that it was peak oil.
One day you will be correct in your dire predictions. But that day will not be in my lifetime
 
ttystikk

ttystikk

Well-Known Member
Cpappa27 said:
It just hit $1.93 a gallon here today. I've read a bunch of articles and it seems like they each have a different reasoning. Anyone know what the real truth is cause I don't know what to believe.
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Supply and demand. More supply due to fracking here in the States, and less demand due to global recession.

The fact that it's bankrupting Putin's Russia, among other unfriendly locales is a bonus that has not gone unnoticed in diplomatic circles.
 
ttystikk

ttystikk

Well-Known Member
ChesusRice said:
We should leave states like Afghanistan to prosper?
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If they don't Fuck with us...

But if they do, we need to send a very clear message... which is not what we're doing in Ukraine. I'm very disappointed in our nation's lack of response to Putin's blatant stomping of the Helsinki Accords.
 
ttystikk

ttystikk

Well-Known Member
As to Yemen's current situation, the official word on the ground is that things are getting 'sporty.' Official doublespeak for lawless, no government in power and lots of armed factions roaming the streets of the capital.

The BBC is a good source of up to date news.
 
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ChesusRice

Well-Known Member
Abiqua said:
and the bond markets are leveraged so as oil drops per barrerl, your interest rate skyrockets while your returns are shit. Shale oil is looking for more like $100 to break even, when calculating the debt, not just development....@$140 last year they were fat pigs....
Also no one is going to mention russia and china about to evade the dollar standard?
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How is that working for them so far?
 
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ChesusRice

Well-Known Member
ttystikk said:
As to Yemen's current situation, the official word on the ground is that things are getting 'sporty.' Official doublespeak for lawless, no government in power and lots of armed factions roaming the streets of the capital.

The BBC is a good source of up to date news.
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The BBC is the gold standard of journalism. When they screw up, it is usually them that found the problem and then heads roll
 
Abiqua

Abiqua

Well-Known Member
ChesusRice said:
Ive been waiting 6 years now for the collapse of the dollar and the return of the gold standard Paulbot
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So because I like Hamburgers Im Ronald McDonald.....the collapse already occurred, how much are T-bill's going again for, it ain't rocket science, you try to pretend it is, but it is gambling that has failed, clearly. No mention of the nation's debt huh? Timmy Osman says hi....
 
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ChesusRice

Well-Known Member
Abiqua said:
So because I like Hamburgers Im Ronald McDonald.....the collapse already occurred, how much are T-bill's going again for, it ain't rocket science, you try to pretend it is, but it is gambling that has failed, clearly. No mention of the nation's debt huh? Timmy Osman says hi....
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Our Economy is clearly failing. No one knows it yet.
I heard this before. But then Ron Paul lost the election again and no one brought it up
Are you a survivalist? Got your go bag all packed and ready to go?
 
ttystikk

ttystikk

Well-Known Member
ChesusRice said:
The BBC is the gold standard of journalism. When they screw up, it is usually them that found the problem and then heads roll
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Al Jazeera is an excellent source of both timely updates and background information on the Yemen beat.

I've mentioned before that I have/had family working at State. Yemen is fluid, fast moving and there are more players than it may first appear.

It's a tough place for an outside power like the US to project conventional military power in support of allies, in large part because the players all look alike from above and they're not in defined areas- they're all milling about all over the place.

Non conventional power is also problematic, because alliances shift rapidly and no one wants to be seen to be cooperating with the US.
 
Rob Roy

Rob Roy

Well-Known Member
ChesusRice said:
Ive been waiting 6 years now for the collapse of the dollar and the return of the gold standard Paulbot
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The dollar has been losing value for years. Measuring it against other currencies that are devalued as well, is a false read of the value.

It should be measured in what it will buy. Seen anymore nickel candy bars lately? Why is that?
 
Red1966

Red1966

Well-Known Member
budlover13 said:
There is an excess of oil on the global market and OPEC refuses to cut production to maintain a stable price.

The speculation that I have read is that they are doing this to drive oil prices below $60 a barrel and keep them there long enough to shut down shale oil fracking production in North America because it's only profitable at prices above $55 a barrel.

Again, speculation.
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I heard it was to stick it to Iran and Russia, with crippling the rise of fracking as a bonus.
 
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