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July 5, 2008 at 10:32 AM #233540July 5, 2008 at 10:34 AM #233355barnaby33Participant
The price of any commodity is controlled by 3 things, supply demand and medium of exchange. You all keep going back and forth with “neener neener neener” about the politics of supply and demand with nary a word about the medium of exchange. It is unarguably the largest contributor to the rise in the price of oil over the last 6 months.
Supply has not noticeably decreased in six months, demand has increased, but linearly, not parabolic. What has changed is the value of those green FRN(American Pesos) you use to purchase the oil.
Those who argue only one side of the supply demand argument are simply interested in scoring cheap points.
Josh
July 5, 2008 at 10:34 AM #233485barnaby33ParticipantThe price of any commodity is controlled by 3 things, supply demand and medium of exchange. You all keep going back and forth with “neener neener neener” about the politics of supply and demand with nary a word about the medium of exchange. It is unarguably the largest contributor to the rise in the price of oil over the last 6 months.
Supply has not noticeably decreased in six months, demand has increased, but linearly, not parabolic. What has changed is the value of those green FRN(American Pesos) you use to purchase the oil.
Those who argue only one side of the supply demand argument are simply interested in scoring cheap points.
Josh
July 5, 2008 at 10:34 AM #233492barnaby33ParticipantThe price of any commodity is controlled by 3 things, supply demand and medium of exchange. You all keep going back and forth with “neener neener neener” about the politics of supply and demand with nary a word about the medium of exchange. It is unarguably the largest contributor to the rise in the price of oil over the last 6 months.
Supply has not noticeably decreased in six months, demand has increased, but linearly, not parabolic. What has changed is the value of those green FRN(American Pesos) you use to purchase the oil.
Those who argue only one side of the supply demand argument are simply interested in scoring cheap points.
Josh
July 5, 2008 at 10:34 AM #233536barnaby33ParticipantThe price of any commodity is controlled by 3 things, supply demand and medium of exchange. You all keep going back and forth with “neener neener neener” about the politics of supply and demand with nary a word about the medium of exchange. It is unarguably the largest contributor to the rise in the price of oil over the last 6 months.
Supply has not noticeably decreased in six months, demand has increased, but linearly, not parabolic. What has changed is the value of those green FRN(American Pesos) you use to purchase the oil.
Those who argue only one side of the supply demand argument are simply interested in scoring cheap points.
Josh
July 5, 2008 at 10:34 AM #233545barnaby33ParticipantThe price of any commodity is controlled by 3 things, supply demand and medium of exchange. You all keep going back and forth with “neener neener neener” about the politics of supply and demand with nary a word about the medium of exchange. It is unarguably the largest contributor to the rise in the price of oil over the last 6 months.
Supply has not noticeably decreased in six months, demand has increased, but linearly, not parabolic. What has changed is the value of those green FRN(American Pesos) you use to purchase the oil.
Those who argue only one side of the supply demand argument are simply interested in scoring cheap points.
Josh
July 5, 2008 at 11:25 AM #233375jficquetteParticipant[quote=Allan from Fallbrook]Cooper: While John won’t answer your questions, they are interesting. I’m on the periphery of the oil/gas business (I do seismic and blast engineering for refinery operations), and I’m also somewhat new to the business (coming out of defense biz). I hear a lot about Peak Oil and refineries having to work harder for less output.
Your question #2 caught my eye. Do you have this information? If so, I’d be curious to hear that number, as well as how it was derived. The second part of my question is driven by the fact that different oil companies (i.e. ExxonMobil, RD/S and BP) use different methodologies for the calculation(s), and therefore the variance between their respective numbers can be quite large.
Again, just curious, but it does pick at an interesting thread, especially in light of $5 per gallon gasoline.[/quote]
Allan,
Here is a link discussing Anwr. http://www.anwr.org/
Here here is a link discussing the Bakken formation in North Dakota
http://www.nextenergynews.com/news1/next-energy-news2.13s.html
Here is another link that goes into a discussion about how the reserves are reported.
http://www.runet.edu/~wkovarik/oil/
Here is a link to an article discussing the speculation in the oil market.
http://www.globalresearch.ca/index.php?context=va&aid=8878
There are many more links out there. I don’t mind doing the leg work for people who are sincerly interested in the information but we both know Cooper doesn’t care about the facts which is why I told him to go look the information up himself.
John
July 5, 2008 at 11:25 AM #233505jficquetteParticipant[quote=Allan from Fallbrook]Cooper: While John won’t answer your questions, they are interesting. I’m on the periphery of the oil/gas business (I do seismic and blast engineering for refinery operations), and I’m also somewhat new to the business (coming out of defense biz). I hear a lot about Peak Oil and refineries having to work harder for less output.
Your question #2 caught my eye. Do you have this information? If so, I’d be curious to hear that number, as well as how it was derived. The second part of my question is driven by the fact that different oil companies (i.e. ExxonMobil, RD/S and BP) use different methodologies for the calculation(s), and therefore the variance between their respective numbers can be quite large.
Again, just curious, but it does pick at an interesting thread, especially in light of $5 per gallon gasoline.[/quote]
Allan,
Here is a link discussing Anwr. http://www.anwr.org/
Here here is a link discussing the Bakken formation in North Dakota
http://www.nextenergynews.com/news1/next-energy-news2.13s.html
Here is another link that goes into a discussion about how the reserves are reported.
http://www.runet.edu/~wkovarik/oil/
Here is a link to an article discussing the speculation in the oil market.
http://www.globalresearch.ca/index.php?context=va&aid=8878
There are many more links out there. I don’t mind doing the leg work for people who are sincerly interested in the information but we both know Cooper doesn’t care about the facts which is why I told him to go look the information up himself.
John
July 5, 2008 at 11:25 AM #233512jficquetteParticipant[quote=Allan from Fallbrook]Cooper: While John won’t answer your questions, they are interesting. I’m on the periphery of the oil/gas business (I do seismic and blast engineering for refinery operations), and I’m also somewhat new to the business (coming out of defense biz). I hear a lot about Peak Oil and refineries having to work harder for less output.
Your question #2 caught my eye. Do you have this information? If so, I’d be curious to hear that number, as well as how it was derived. The second part of my question is driven by the fact that different oil companies (i.e. ExxonMobil, RD/S and BP) use different methodologies for the calculation(s), and therefore the variance between their respective numbers can be quite large.
Again, just curious, but it does pick at an interesting thread, especially in light of $5 per gallon gasoline.[/quote]
Allan,
Here is a link discussing Anwr. http://www.anwr.org/
Here here is a link discussing the Bakken formation in North Dakota
http://www.nextenergynews.com/news1/next-energy-news2.13s.html
Here is another link that goes into a discussion about how the reserves are reported.
http://www.runet.edu/~wkovarik/oil/
Here is a link to an article discussing the speculation in the oil market.
http://www.globalresearch.ca/index.php?context=va&aid=8878
There are many more links out there. I don’t mind doing the leg work for people who are sincerly interested in the information but we both know Cooper doesn’t care about the facts which is why I told him to go look the information up himself.
John
July 5, 2008 at 11:25 AM #233556jficquetteParticipant[quote=Allan from Fallbrook]Cooper: While John won’t answer your questions, they are interesting. I’m on the periphery of the oil/gas business (I do seismic and blast engineering for refinery operations), and I’m also somewhat new to the business (coming out of defense biz). I hear a lot about Peak Oil and refineries having to work harder for less output.
Your question #2 caught my eye. Do you have this information? If so, I’d be curious to hear that number, as well as how it was derived. The second part of my question is driven by the fact that different oil companies (i.e. ExxonMobil, RD/S and BP) use different methodologies for the calculation(s), and therefore the variance between their respective numbers can be quite large.
Again, just curious, but it does pick at an interesting thread, especially in light of $5 per gallon gasoline.[/quote]
Allan,
Here is a link discussing Anwr. http://www.anwr.org/
Here here is a link discussing the Bakken formation in North Dakota
http://www.nextenergynews.com/news1/next-energy-news2.13s.html
Here is another link that goes into a discussion about how the reserves are reported.
http://www.runet.edu/~wkovarik/oil/
Here is a link to an article discussing the speculation in the oil market.
http://www.globalresearch.ca/index.php?context=va&aid=8878
There are many more links out there. I don’t mind doing the leg work for people who are sincerly interested in the information but we both know Cooper doesn’t care about the facts which is why I told him to go look the information up himself.
John
July 5, 2008 at 11:25 AM #233566jficquetteParticipant[quote=Allan from Fallbrook]Cooper: While John won’t answer your questions, they are interesting. I’m on the periphery of the oil/gas business (I do seismic and blast engineering for refinery operations), and I’m also somewhat new to the business (coming out of defense biz). I hear a lot about Peak Oil and refineries having to work harder for less output.
Your question #2 caught my eye. Do you have this information? If so, I’d be curious to hear that number, as well as how it was derived. The second part of my question is driven by the fact that different oil companies (i.e. ExxonMobil, RD/S and BP) use different methodologies for the calculation(s), and therefore the variance between their respective numbers can be quite large.
Again, just curious, but it does pick at an interesting thread, especially in light of $5 per gallon gasoline.[/quote]
Allan,
Here is a link discussing Anwr. http://www.anwr.org/
Here here is a link discussing the Bakken formation in North Dakota
http://www.nextenergynews.com/news1/next-energy-news2.13s.html
Here is another link that goes into a discussion about how the reserves are reported.
http://www.runet.edu/~wkovarik/oil/
Here is a link to an article discussing the speculation in the oil market.
http://www.globalresearch.ca/index.php?context=va&aid=8878
There are many more links out there. I don’t mind doing the leg work for people who are sincerly interested in the information but we both know Cooper doesn’t care about the facts which is why I told him to go look the information up himself.
John
July 5, 2008 at 2:34 PM #233432OC BurnsParticipantBoth parties represent the same interests. And we aint it.
The longer we continue fighting each other, the longer we get buggered.
July 5, 2008 at 2:34 PM #233559OC BurnsParticipantBoth parties represent the same interests. And we aint it.
The longer we continue fighting each other, the longer we get buggered.
July 5, 2008 at 2:34 PM #233568OC BurnsParticipantBoth parties represent the same interests. And we aint it.
The longer we continue fighting each other, the longer we get buggered.
July 5, 2008 at 2:34 PM #233609OC BurnsParticipantBoth parties represent the same interests. And we aint it.
The longer we continue fighting each other, the longer we get buggered.
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