Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (239999)	7/4/2005 11:12:59 AM
From: Emile Vidrine	Read Replies (1) \| Respond to of 1574004

"Why do you think the U.S. feel compelled to take Israel's side on many things?" The US feels compelled to take Israel's side because of the power of the Jewish/Israel lobby. In addition, the Zionist Jews who dominate our media are more interested in advancing the Israeli agenda rather than legitimate American interests. Couple this Jewish/Israeli Trojan Horse with the Christian Zionist cult and you arrive at why Congress is "compelled" or forced to take the Zionist point of view. Zionist ideology is diametrically opposed to the democratic values of American culture.

To: RetiredNow who wrote (239999)	7/4/2005 12:54:27 PM
From: Elroy	Read Replies (1) \| Respond to of 1574004

So any country that is so obviously, one-sidedly bashed by the U.N. has every right to ignore it as unjust. Did it ever occur to you that perhaps Israel is "one-sidedly bashed by the U.N." because its actions go the most against anti-UN charter of any country? Israel denies the citizens of the occupied territories their right to self determination, and the country doesn't even have any agreed upon borders. What other country does that? What resolutions can the UN pass against Palestinians? They are basically a bunch of stateless, nationless peasants in their current situation. It would be like the UN passing a resolution pertaining to the stateless Roma gypsies that migrate around Romania and Bulgaria. Why do you think the U.S. feel compelled to take Israel's side on many things? It is to provide some balance to that part of the world. Israel doesn't provide balance to the ME; rather, it is the cause of much of the imbalance.

To: RetiredNow who wrote (239999)	7/4/2005 2:31:08 PM
From: tejek	Read Replies (2) \| Respond to of 1574004

That's why Israel gives it the bird every time a new resolution is passed against it. And why do you think that is? Because the General Assembly resolutions are dominated by Arab countries and Europe and their one sided condemnation of Israel. You'll notice that most of those resolutions condemn Israel's action but don't mention any of the Palestinian atrocities. So any country that is so obviously, one-sidedly bashed by the U.N. has every right to ignore it as unjust. Why do you think the U.S. feel compelled to take Israel's side on many things? It is to provide some balance to that part of the world. Justice demands balance. To condemn one side without acknowledging the atrocities of the other side isn't justice. It's bias. That's interesting. A UN resolution is passed, thanks to the US, that allows for the creation Israel. The Zionists are overjoyed and dance in the streets. Years later the Israelis violate that resolution repeatedly and the US says its okay because its trying to keep balance. I don't buy it and I'm American.......imagine what the rest of the world thinks. If you think the UN has no credibility, why do you think that is? ted

To: RetiredNow who wrote (239999)	7/4/2005 2:41:20 PM
From: tejek	Respond to of 1574004

Group predicts oil prices will drop By Brad Foss The Associated Press WASHINGTON — Global oil production is not likely to peak soon, contrary to talk that has helped propel prices close to $60 a barrel, although lower prices may still be a few years away, a prominent energy consultancy said yesterday. Cambridge Energy Research Associates said that, instead of a crest being reached sometime this decade, an inflection point in world oil output will occur sometime beyond 2020, after which production will plateau for several more decades. In a report that builds upon earlier analyses by the Cambridge, Mass.-based consultancy, CERA said it believes that between now and 2010 there will be a substantial increase in worldwide oil production capacity, providing a supply cushion of 6 million to 7.5 million barrels per day that could cause oil prices to "slip well below $40 a barrel as 2007-08 nears."<b/> The debate about whether global output is on the cusp of an irreversible decline is not new — petroleum engineers and executives have been hashing it out for decades. But it has garnered extra attention amid soaring prices, a flurry of books about the oil industry and the revelation last year that Royal Dutch/Shell Group overstated its reserves, a key measurement of an oil company's future profit potential. "It's certainly being taken more seriously, but it's not a more serious topic than it's ever been," said Lawrence Goldstein, president of PIRA Energy Group in New York. Because of surprisingly rapid demand growth, especially in China, the global oil supply cushion right now is only about 1.5 million barrels per day, or less than 2 percent of total global consumption of 82 million barrels a day. That has markets extremely nervous about the possibility of an output disruption. Oil prices are up more than 55 percent over the past year, in part because of the threat of hurricanes, terrorist attacks and labor strife in key oil production regions, such as the Gulf of Mexico, Iraq and Nigeria. CERA Chairman Daniel Yergin said the extra supply of oil he anticipates is only part of the solution to relieving the stress in the energy market. He assumes more efficient energy use, particularly in transportation, will be critical to stabilizing prices. "The way that we consume energy in 2025-2030 is likely to be different," he said. At the same time, as the supply cushion grows, the Organization of Petroleum Exporting Countries can be expected to rein in production to keep prices from falling too far. "The history of the oil industry is a history of cycles," Yergin said. The CERA report acknowledges there will be fewer giant oil fields found and produced after 2010, but it argues that with new technology and multibillion dollar investments the petroleum industry has the ability to provide enough supply to meet rising demand for several more decades. Yergin said the main threats to this supply expansion scenario are geopolitical uncertainties. For example, "Iraq has the potential to be a very big player, but its timing is very uncertain," he said. The CERA report is a counterweight to the predictions of some energy experts, who in recent years have been publishing books filled with charts and graphs that aim to prove that world oil production is about to peak, if it hasn't already. It isn't entirely clear, PIRA's Goldstein said, whether today's tight market reflects a limit in supply that is being reached, or if it merely signifies that the industry hasn't made the necessary investments to keep up with rising demand. "The truth is, I don't know whether we're resource-constrained or effort-constrained, and neither does anybody else," he said. On the New York Mercantile Exchange yesterday, July crude futures fell 47 cents to settle at $58.90 per barrel in afternoon trade. archives.seattletimes.nwsource.com