Supply and Demand...
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Iran has taken a liking to astronomical oil prices, using its newfound wealth to fuel its nuclear program in defiance of the U.S. and the global community. But the country would need oil prices to stay above $85 per barrel to balance its books, according to a report released in August by the International Monetary Fund, the New York Times reported Wednesday.
Venezuela's capitalism-bashing Chavez has used his country's oil windfall to buy Russian weapons, going as far as to let the Russian navy practice in its waters. Russia reportedly is also helping Venezuela develop nuclear power.
Nice
Originally posted by HackWhy spend all that money just to get a worn out copy of a small block Ford? It's going to be in the junk yard for a reason. I understand you have a religion called LS motors and you have faith that the LS motors break the laws of physics and work better and cost less than anything else ever built. Plus they never wear out.
I disagree.
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Most of our middle east oil comes from saudi arabia.
In fact aside from iraq and kuwait i think all of it does. Saudi Arabia is no longer a member of OPEC and Saud has promised to keep increasing oil output regardless of OPEC.
Maybe not such a bad thing we have a president who's in bed with the saudis.... And uhm.. secured Iraq's oil as well...
What I dont understand is the "Liberal" point of view on this. They constantly bash oil companies for hiking up the prices. Where are they now that oil companies are losing their ass. Why arent they now calling for the prosecution of Chavez and Little Hitler over in Iran? Since they flat out said they want more money?
Oh that's right....
They're Liberals... Taking a stance against Little Hitler and the Frito Bandito would be too pro-american for their circles so they will just continue to blame the "big oil" conspiracy...Last edited by CorinthiansBlackGT; 10-21-2008, 08:22 PM.
Babies stay crunchy in milk!
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I highly doubt that the oil companies are "losing their ass"
Originally posted by HackWhy spend all that money just to get a worn out copy of a small block Ford? It's going to be in the junk yard for a reason. I understand you have a religion called LS motors and you have faith that the LS motors break the laws of physics and work better and cost less than anything else ever built. Plus they never wear out.
I disagree.
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el oh el
OPEC is going to fuck themselves here. There is already declining demand and yet they want to increase the price to further drive down demand? Those towelheads really do think different over there...LOOK HERE:Originally posted by Pony5.0but hey we have broken up 2 times in the past week and she keeps crawling back to me and she told me she would never crawl back to a guy and i am the only one. she tells me she loves me and everything!
Originally posted by NickYou ever make 150k per year? LOL, j/k we all know you're way too dumb to achieve this.
Bag my groceries Clint. I want paper.
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