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Old 10-18-2007   #19 (permalink)
LordFu
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Default Re: Oil Prices Hit New Record

Quote:
Originally Posted by epimeteo View Post
- US petroleum companies likes high prices. With Arab countries and sheiks, it's them who get more money with it, and most of the time they're both connected (isn't former president Bush, father of G. W. Bush a public relations of a petroleum company? Can't be more precise, but you can see what I mean if you saw "911 Fahrenheit").
I think that's the Carlyle Group you're thinking of.
Quote:
- With the above factor, US president say they want to help Iraq, but after a 10 year s embargo to Iraq and 4 years "Vietnam" war in there, Iraq still don't produces oil, why?
Look into the Red Line Agreement. Iraq isn't meant to produce oil.

Quote:
- Oil is a finite resource. Every day there are less and less petroleum available and every day it cost more and more to extract it.
That's a myth. It's commonly reffered to as Peak Oil, and it's a scam.

Quote:
- Aggressive US politic towards Arab nations and flaming them with controversial and non-peaceful policies every day to be an interest of US (yes, I don't like Iran bomb, but I don't see US/UE doing anything right to change Iran regime or to help Iran people to change it, and invasion will not be a solution, only a continuation of the Iraq example).
That makes everyone involved richer. Seeing a pattern, yet? All this sabre rattling is great for the price of oil.

Quote:
All together, I find only natural the rise of oil price. By Christmas we'll have $100 dollars per barrel, and now I can't see anything to make it stop.
I don't see anything "natural" about it. It's clear manipulation. The oil industry is like the diamond industry. If they produced all they could, it would be worthless. Their interest is in running the price up, so that is what occurs.

I won't bother addressing your conclusions, since they're based on false assumptions. If they really wanted cheaper oil, they'd go get it, in our own territory. We don't fight for oil. We fight to keep the oil in the ground.

Ignore the man behind the curtain.
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