GostHacked Posted March 16, 2012 Report Posted March 16, 2012 http://www.cbsnews.com/video/watch/?id=7402209n&tag=cbsnewsSectionContent.0 Not sure how this is going to play out. Quote
Jack Weber Posted March 16, 2012 Report Posted March 16, 2012 (edited) http://www.cbsnews.com/video/watch/?id=7402209n&tag=cbsnewsSectionContent.0 Not sure how this is going to play out. My first guess is that,in the short term,we had better be prepared to pay alot more for gas.... Edited March 16, 2012 by Jack Weber Quote The beatings will continue until morale improves!!!
Moonlight Graham Posted March 16, 2012 Report Posted March 16, 2012 (edited) World Bank =/= world banks. some confusion in the title lol. Interesting story. They need to try anything to avoid war. Edited March 16, 2012 by Moonlight Graham Quote "All generalizations are false, including this one." - Mark Twain Partisanship is a disease of the intellect.
GostHacked Posted March 17, 2012 Author Report Posted March 17, 2012 My first guess is that,in the short term,we had better be prepared to pay alot more for gas.... These idiots will use the war as a reason to jack up the price of fuel when Iran's overall oil production is a small player. Quote
Wild Bill Posted March 17, 2012 Report Posted March 17, 2012 These idiots will use the war as a reason to jack up the price of fuel when Iran's overall oil production is a small player. Idiots? Sadly GH, WE are the idiots! We let them get away with such obvious lies! If we roared our disapproval loudly enough the politicians would finally be forced to act. Bribes from oil companies are always trumped by a politician's fear of losing his seat! Quote "A government which robs Peter to pay Paul can always depend on the support of Paul." -- George Bernard Shaw "There is no point in being difficult when, with a little extra effort, you can be completely impossible."
Rue Posted March 17, 2012 Report Posted March 17, 2012 (edited) These idiots will use the war as a reason to jack up the price of fuel when Iran's overall oil production is a small player. As I understand from reading the media if that means anything even though Iran severed its oil shipments to Britain and France iboth countries stated it will have little or no effect on their oil supplies. One would also think they will soon replace any Iranian oil with Libyan oil. That said we all saw on Monday that oil prices rose to a nine-month high above $105 a barrel and benchmark March crude went up from $1.91 to $105.15 per barrel in electronic trading on the New York Mercantile Exchange. Earlier in the day, it rose to $105.21, the highest since May and was at $103.24 per barrel in New York on Friday. For me the inference is blatant-speculators use the Iran crisis as a pretext to panic buy and up the prices. As far as I understand it and this is according to Iran's oil ministry only 18% of their oil goes to the 27-nation EU. The vast majority of it of course goes to China. So the question is why are speculators able to create a rise in oil price by 93-97 percent so quickly when it clearly does not look related to supply and demand? Is it time nations agreed on a regulation to world oil speculative trading? Is that too socialist a concept for some? How much if any of this speculation driven trading phenomena is greed and/or panic by speculators using the crisis as a pretext to make a fortune over inflating oil prices and how much of this speculation is possibly driven by government planted agents to engage in economic war and create havoic on the oil markets? I am no conspiracy nut but I have to think aside from greed and panic there might also be a good chance some economic sabotage is also being played out on the world markets although I do not doubt some of it is also driven by the oil network looking to increase their profits. So I look at the usual suspects and ask who benefits the most from these crazy oil prices. Iran? Not really. They sell most of it to China as part of a long term deal where they have been completely ripped off and are giving it away to China and far below market prices. The only ones benefiting right now from all this instability are the oil conglamorates, insider trading brokers and China using the economic collapses of free market places to move in and buy out cash starved companies wacked out on shrinking profit margoins from the oil prices soaring. Take a look at how much China is snatching up on the stock markets at at dirt cheap prices every time oil prices soar. Hello can you also please look at what they have done in the Congo in the last year alone and how they easily walked into a country like mine, Canada and buy up all our coal reserves and no one said a peep. Ask yourself, wow is it they control all the oil in Sudan, Mozambique and Angola as well as Iran and purchase it far below market value? Now as for all the predictions of oil going up further, I think the major reason Israel's hands are tied aside from the obvious one that to try blow up the deep bunkers will be next to impossible-is its fear of being accused of a world economic crisis. Its what the world does. When the economy tanks traditionally the world likes to blame it on Jews and our sinister behaviour. If Israel attacked Iran me and every other Jew on the planet will soon be blamed for the world economic problems and soaring oil prices. C'est la vie. Edited March 17, 2012 by Rue Quote
Guest Derek L Posted March 18, 2012 Report Posted March 18, 2012 The vast majority of it of course goes to China. So the question is why are speculators able to create a rise in oil price by 93-97 percent so quickly when it clearly does not look related to supply and demand? You’ve almost answered your own question……..If the oil supply to China is severely curtailed, they will be forced to purchase their oil elsewhere, this will surely have a knock along effect on the world price………Unless the Chinese decide to forgo their cars and revert to bicycles and rickshaws. Quote
GostHacked Posted March 18, 2012 Author Report Posted March 18, 2012 Idiots? Sadly GH, WE are the idiots! We let them get away with such obvious lies! If we roared our disapproval loudly enough the politicians would finally be forced to act. Bribes from oil companies are always trumped by a politician's fear of losing his seat! People have been yelling. It just seems more and more and starting to listen. This cozy culture between lobbyists and politicians needs to stop. The politicians don't have integrity. Getting rich from the lobbyists, all at our expense. Fire the whole lot of them, let's start over. Quote
dre Posted March 18, 2012 Report Posted March 18, 2012 People have been yelling. It just seems more and more and starting to listen. This cozy culture between lobbyists and politicians needs to stop. The politicians don't have integrity. Getting rich from the lobbyists, all at our expense. Fire the whole lot of them, let's start over. Sorry, but the idea of you/us firing them, is like a bigger flipper firing the CEO of Macdonalds. The global banking/finance/whitecollarcrime cartel is quite safe from the whiny inneffectual public I assure you. Quote I question things because I am human. And call no one my father who's no closer than a stranger
GostHacked Posted March 18, 2012 Author Report Posted March 18, 2012 Sorry, but the idea of you/us firing them, is like a bigger flipper firing the CEO of Macdonalds. The global banking/finance/whitecollarcrime cartel is quite safe from the whiny inneffectual public I assure you. True, our governments don't work for us the common folk at all. If they did, we would not collectively be in this mess. Quote
Guest Derek L Posted April 2, 2012 Report Posted April 2, 2012 And this: Israel 'does Azerbaijan airbase deal' in plan to attack Iran Israel's military may have negotiated access to strategically placed air bases in Azerbaijan that could be used in an attack on Iran's nuclear facilities, US officials have said.The unconfirmed report in Foreign Policy magazine suggested deepening co-operation between Israel and the Caucasian republic, which shares a border with Iran. It said that Israel and Azerbaijan secured a $1.6bn arms deal in February, which included the pledged sale of drones and anti-aircraft missile systems to Baku. Hmmm Quote
eyeball Posted April 2, 2012 Report Posted April 2, 2012 Is it time nations agreed on a regulation to world oil speculative trading? Is that too socialist a concept for some? I imagine it would be even more of a reason to go to war for some and many would blindly follow C'est la vie. Sad isn't it? Quote I said now watch what you say they'll be calling you a radical, a liberal, oh fanatical criminal
stopstaaron Posted April 2, 2012 Report Posted April 2, 2012 (edited) And this: Israel 'does Azerbaijan airbase deal' in plan to attack Iran Hmmm I already made a thread about that last week. It was denied right away. There is no truth to it someone was trying to put a wedge between Azerbaijan and Iran Edited April 2, 2012 by stopstaaron Quote Don't ban me bro. Oh behave, I'll behave. I'll be a good little boy.
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