OT....Is Alaska the answer to our oil problem - Page 4

Here are facts:

The diesel shortage/pricing is due to the new sulpher emmissions law that was passed by congress. Only a few of the refrineries in the USA have the ability to meet those standards. The refrineries are moderinizing and adding new vessels so they can mee tthe standard but still 2-3 years away before they will make a difference.

Too funny that some of you do know even know what "speculators" are!   This is the market forces of people investing into the future commodities (like all commodities).  everyone that invests into a 401K or stock market in contributing to these so called speculators.  Nothing wrong or illegal about the them.   All companies need invesiments.  Funny part it is the inactions of congress and the public that makes the smart speculator realize the demand and price for oil will continue to rise; once global supply exceeds demand then the price will start falling.

No wonder congress fools so many people.  lol

STPID is as STPID does.

Run Forest run!!     The supply will never exceed the demand,  They won't allow that.  Bad for business you know.

Money money!, itsa rich mans world duh da duh da.

I'm in a good mood for a change, Thank's !! Capt.

AYE !

Desertrangers and Uglydog,

I couldn't help but notice in reading through several threads that there seems to be a great deal of animosity between the two of you.  I thought to myself, "Serendipity, I've stumbled onto a situation that needs my help."  You see, I'm a problem solver.  So I put a little thought into it, and I believe I can help you.  Here's my plan.

Step one: Meet in a neutral location.  This could be a mall, the beach, or any old city park.  Talk to each other.  Get to know one another.  Desertrangers, you could show Uglydog pictures of your family, dogs, etc.  Uglydog, you could show Desertrangers your swastika tattoo.  Now we are ready to begin step two, the healing process.

Step two:  Uglydog, pull out your Public Ivy university sheepskin and hand it to Desertrangers.   Desertrangers, look interested, if not impressed.  Roll it up tightly and insert it into Uglydog's anus.  Do this gently but with conviction.  My guess is that being from a Public Ivy university, it will be a large and pretentious document, so don't give up to easily.  Nothing chaffes more than several inches of sheepskin dangling from one's sphincter (or so I've been told).  

Having completed step two, you will have had a unique bonding experience.  Desertrangers, you should have derived a great sense of personal satisfation from the experience.  Uglydog, you will be able to carry the documentation of your superiority with you everywhere you go and impress everyone you meet.  This is what we in the conflict resolution business call a win-win. 

Please keep me posted as to how this works out as I will probably solicit your responses as referrences for others who are in need of my specific skills.

Best Wishes,

Gosh ole wise one that sounds great, but on the other hand why don't you show up and maybe we can find something big and hard to stick up your ass!   I suspect you are a somewhat of a girlie boy and find us manly type appealing and this is your sly way of hoping to get analized by a real man.   SOrry  but no

Now see, that's exactly the kind of attitude that gets nothing accomplished.

Horoceo..The proverbial Apple doesnt fall far from the tree. Look at your parents to better understand STUPID &  genetic deficiencies.

Source: Institute For Energy Research

A new study authored by IER economist Robert Murphy , Speculators Fixing Oil Prices? Don’t Bet On It , sheds some much needed light on the role speculation plays in the global oil market.

EXECUTIVE SUMMARY

• Record-high oil prices demand a target, and some politicians are increasingly pointing the finger at speculators in the commodities futures markets. But high oil prices are due to a Restricted Supply (Iraq) & a Weakening Dollar.
• There is no hard evidence that speculators are responsible for high oil prices. If the price of oil truly were above the level that the fundamentals could support, we would see growing inventories of crude. But inventory levels show no such pattern.
• Speculators provide a vital function. By buying when prices are low and selling when prices are high, they actually make oil prices less volatile. Large investment funds provide liquidity to the commodities futures markets, and allow producers and consumers to concentrate on their core businesses.
• Government restrictions on investment in the oil futures market will only hurt consumers by making the oil market less efficient. New regulations will do nothing to ease oil prices in the long term.

Click here for Murphy’s complete analysis.

http://www.jackbernstein.org/

The Life of an American Jew
in Racist Marxist Israel
by Jack Bernstein; 1985

THE LATE JACK BERNSTEIN (Assasinated in Israel in 1986)  was a rarity—an American Zionist who actually "returned" to Israel, not for a vacation or to summer on a kibbutz, but to live and die in Israel building a Jewish nation. 

What makes him almost one of a kind, though, was his ability to see  through the sham and hype to the oppressive, racist, parasitic character of Zionism as practiced in modern Israel, and his courage to denounce it with the force and fervor of an Old Testament prophet.

"It must be kept in mind that because of Israel's policies, the free countries of the world have turned against Israel and against the U.S. for supporting it. This has hurt Israel and especially the U.S. 

If Israel as it now exists simply collapsed and ceased to exist, the world would certainly be better because of it. Unfortunately the New York/Moscow/Tel Aviv Triangle will not allow Israel to die quietly. As the collapse of Israel draws near, one of two courses of action by the New York/Moscow/Tel Aviv Triangle is likely to be taken:

1. Israel could trigger a Large scale Mideast war, a Large war which Israel could not win alone. Then the New York leg of the New York/Tel Aviv Triangle would use its influence on the U.S. Government to send U.S. military forces to aid Israel.
   It isn't expected that the Moscow leg of the triangle will become militarily involved. Moscow will merely sit back and let the U.S. weaken itself in helping Israel fight the Arabs.
   At some point during the war, when the U.S. military is deeply involved and the U.S. citizens demoralized, the Zionist oriented Jewish International Bankers will make their move. Evidence leads to the conclusion that it is these Bankers who own the Class A Stock of the U.S. Federal Reserve, America's Central bank. In this position of power, these Zionist bankers, can, and likely will, trigger an economic collapse in America -- like they did in 1929 when they caused the stock market crash and started the severe depression of the 1930's.
2. 
   Since the money system currently used in the U.S. is not backed by gold, silver or anything of value, the paper dollars and tin coins now in use will be worthless.
   In the resulting state of confusion and in an effort to obtain food and other necessities, the American people will accept the 'New States Constitution' which has already been written. This will place the American people under the dictates of One-World Government run by the Zionist oriented International Bankers and Zionist/Bolshevik Jews.
   Exactly what direction the war in the Mideast will take only the New York/Moscow/Tel Aviv Triangle and God will know.

   When it is all over, the main losers will be: 

   The American people.
   The Arab people.
   The Sephardic Jews and that portion of Ashkenazi Jews who are for justice and freedom. 

   The only winners will be: 

   The Zionist International Bankers and the Zionist Bolshevik (communists/socialist) Jews.

3. The other likely course of

Hey if you guys want " FREE "   I said   "FREE ,  FREE, FREE, FREE "     GAS !!!!!!! 

GO TO WASHINGTON.  WHERE ALL OF CONGRESS GETS THEIR FREE GAS, AND WE PAY FOR IT !!!

BY THE WAY IT IS  " ILLEGAL"    FOR MEMBERS OF CONGRESS TO DO THIS !!

ETF Liquidity Review
Sky-High Oil Will Make U.S. Go Broke
Charles Biderman, TrimTabs 06.23.08, FORBES

Stratospheric crude oil prices precipitated by Speculation/Weak Dollar are wreaking havoc on the U.S. economy.

Based on income tax withholdings data from the Daily Treasury Statement, the wages of all U.S. workers on payrolls were unchanged on a year-over-year basis in the past two weeks (Friday, June 6 through Thursday, June 19) and rose 1.1% year-over-year in the past four weeks (Friday, May 23 through Thursday, June 19). Both of those growth rates are well below the 2.8% year-over-year in May, and they are consistent with an economy that is contracting sharply.

As long as oil prices stay above $120 per barrel, the economy is more likely to slow than strengthen, and companies are not likely to announce much float shrink. With real wages falling, large numbers of jobs being shed, gas prices exceeding $4 per gallon almost everywhere and home prices falling about 1% per month nationally, this year is going to be tough for American consumers.

Believe it or not, there is plenty of oil in the world. What is in short supply are investors willing to go short  The open interest on oil futures worldwide is 2.6 million contracts. With oil prices at $135 per barrel, each contract is worth $135,000. To control $135,000 of oil, investors have to put up no more than $10,000.

What is happening now is not demand destruction, it is a financial disaster.

The U.S. consumes 21 million barrels of per day. At $135 per barrel, the U.S. spends $1.0 trillion per year on oil, which is equal to 15% of the $6.8 trillion in take-home pay of everyone who pays taxes. If oil prices rose to $200 per barrel, the U.S. would spend $1.5 trillion per year on oil, which would be equal to 22% of take-home pay. Moreover, those percentages of 15% and 22% do not even include the cost of coal or natural gas. In other words, the U.S. will be broke long before oil prices hit $200 per barrel, and the rest of the world would be sure to follow.