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Politics : Sioux Nation -- Ignore unavailable to you. Want to Upgrade?


To: twmoore who wrote (95708)1/16/2007 2:11:39 PM
From: TigerPaw  Respond to of 361636
 
Oil has been going down

Oil has been going down because a democratic congress is more likely to fund alternative engergy projects like wind generators. Opec wants to remove much of the profit margin for such endeavors.

TP



To: twmoore who wrote (95708)1/16/2007 2:42:45 PM
From: Rock_nj  Read Replies (1) | Respond to of 361636
 
Oil now at $50.53, seems likely to break $50 soon. Congrats! But Peak Oil is still coming. This is just an interlude before Peak Oil occurs. There is not a debate if Peak Oil will occur, just when? Some indications are that it will occur within the next 5 years once China peaks and is out looking for oil on the world markets.



To: twmoore who wrote (95708)1/16/2007 2:44:10 PM
From: cirrus  Respond to of 361636
 
Rumors have it that the Saudis have been pumping like crazy to screw the Iranians - a signal for the Iranians to back off and stop helping the Shia kill Sunnis - Saudi kin - in Iraq.



To: twmoore who wrote (95708)1/16/2007 2:45:06 PM
From: cirrus  Read Replies (1) | Respond to of 361636
 
Yeah. And gas is still 2.35...



To: twmoore who wrote (95708)1/16/2007 3:01:19 PM
From: James Calladine  Read Replies (1) | Respond to of 361636
 
What will the price of oil be if the U.S./Israel attacks Iran?

The Bushwanker's attack on Iraq "surged" the price up nicely.
Do you think he is capable of an encore?

Is it a "slam-dunk"?

Namaste!

Jim