Comments on: Suck It, OPEC.

By: burlesque performer

burlesque performer — Wed, 17 Jun 2009 10:34:49 +0000

the comments are not true!..

By: Bored

Bored — Thu, 06 Nov 2008 18:53:43 +0000

this summers’ prices were not caused by peak oil that is a ludicrous argument

By: Paul Curto

Paul Curto — Sat, 25 Oct 2008 13:05:46 +0000

Jimmy P –

I wish that the guy in the video was right. The government is not stopping the oil companies from drilling on the North Slope. If there were 200 years’ worth of oil there they would be drilling like crazy. Over half of the oil and gas leases in the US are not being used at all.
If you look at the production data from the North Slope, you will see the truth. We are running out. If the gas from there were to be put in a pipeline instead of being re-injected, the oil production rates there would drop precipitously. The gas injection is what keeps production going as is!
And, BTW, drilling to over 40,000′ in depth is expensive, especially if you miss! It costs ten times as much as drilling to 20,000′, and the wells in Saudi Arabia are only 5,000′ deep. That’s why their oil is ten times cheaper than ours and our oil companies prefer to buy from them.

It’s simple economics — aka capitalism.

By: Brian Carr

Brian Carr — Sat, 25 Oct 2008 12:35:55 +0000

@John,

Who are you talking to? Me?

By: Jimmy Plymouth

Jimmy Plymouth — Fri, 24 Oct 2008 02:38:25 +0000

I found the Video it’s called “The Energy Non Crisis http://video.google.com/videoplay?docid=3340274697167011147

By: John

John — Fri, 24 Oct 2008 01:08:09 +0000

Who are you? Why don’t you post any identity information as to your institution.
Your credibility is greatly reduced by your anonymity.

By: Keep Oil High! Wait - what? « News Pirates

Keep Oil High! Wait - what? « News Pirates — Wed, 22 Oct 2008 19:53:31 +0000

[...] Seems that OPEC is thinking the same thing, because they’d really like to keep oil up to $100 a barrel – more profit for them, weeee! [...]

By: Degvielas cenas, iespējams, sāks kāpt « Viedumu Vietne ar Sandi

Degvielas cenas, iespējams, sāks kāpt « Viedumu Vietne ar Sandi — Wed, 22 Oct 2008 15:51:25 +0000

[...] kas tad tā būtu par saldo dzīvi un ekonomisko krīzi, ja cenas kristos. OPEC džeki šo piektdien rīkošot sanāksmi, kurā apspriedīšot līdzšinējās naftas produkcijas samazināšanu pa 1,5…2,0 miljoniem [...]

By: Paul Curto

Paul Curto — Wed, 22 Oct 2008 11:58:03 +0000

Predicting the future is the business of Shamans. OPEC is meeting to begin the arrangements for a natural gas cartel as part of their negotiations. The huge price swings come as the result of Hedge Fund manipulation, whose capital comes from OPEC sources to a very large degree. Note with some analysis you see the impact of the negative swing in oil prices is three fold:
1) It kills off any alternative energy companies that were created during the “Surge” (no pun intended)
2) By taking off the pressure of high gas prices, it gives impetus to McCain’s candidacy, whose win portends a continuing drain and waste of US resources fighting wars against phantoms
3) It sets the stage for hyperinflation on the next surge, where prices can go higher than anyone can imagine for BOTH OIL AND GAS!

By: Terra

Terra — Wed, 22 Oct 2008 05:41:30 +0000

Raising prices around an election?

I thought the main reason for the low amount was the election… but to raise them just before?