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Thread: Thank you George Bush!

  1. #26
    Banned Melonie's Avatar
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    Default Re: Thank you George Bush!

    How does the president/presidential campaign directly affect gas prices? Am I missing something?
    remember the tiny campaign issue about Obama being willing to sit down in discussions with 'terrorist' leaders ? As in Iran's president Alimenijad ? Well, this position reduces the 'risk premium' included in the worldwide oil price because it reduces the probability of new / ongoing Middle East conflicts involving the US military. Of course, as a secondary effect, new conflicts in the Middle East not involving the US militarym but which could very well be even more disruptive to future Iranian oil supplies are looming more likely !

  2. #27
    Senior Member Lucy in the Sky's Avatar
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    Default Re: Thank you George Bush!

    In the interest of truth it should be known that Debka is a proganda website.

    "A Debka blends fact, fantasy and propaganda in ways that make it difficult to separate one from the other."
    Last edited by Lucy in the Sky; 12-07-2008 at 12:00 AM.

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    Default Re: Thank you George Bush!

    ^^^ well, you're certainly free to disbelieve. Similar reports appeared in many international media outlets.

    Even your beloved UK Guardian reported the following hypocracy ...

    (snip)"Of course these [cabinet] appointments contradict his campaign rhetoric of change. But move past the speeches and Obama's selections are very much in sync with his record and the foreign policy vision he articulated on the campaign trail, from his pledge to escalate the war in Afghanistan to his "residual force" plan in Iraq to his vow to use unilateral force in Pakistan to defend US interests to his posturing on Iran. "I will always keep the threat of military action on the table to defend our security and our ally Israel," Obama said in his famed speech at the American Israel Public Affairs Committee last summer. "Sometimes, there are no alternatives to confrontation.""(snip)

    from


    Back to the immediate subject, indeed the previous 'risk premium' attached to world oil prices has been greatly reduced since Obama's election victory ... because right or wrong much of the world believes that Obama will not stand by his promises to AIPAC if and when Iran and Israel 'go at it'.

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    Default Re: Thank you George Bush!

    Quote Originally Posted by Melonie View Post
    indeed the previous 'risk premium' attached to world oil prices has been greatly reduced since Obama's election victory ...

    Prices were already coming down and were down a significant amount before nObama got elected.
    Quote Originally Posted by The Snark View Post
    But then I suppose the sort of people who write this kind of crap generally don't allow their opinions to be tainted by things like "facts" and "reality".
    Distortion becomes somehow pure in its wildness
    The note that began all can also destroy

  5. #30
    Senior Member Lucy in the Sky's Avatar
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    Default Re: Thank you George Bush!

    Quote Originally Posted by Melonie View Post
    ^^^ well, you're certainly free to disbelieve. Similar reports appeared in many international media outlets.

    Even your beloved UK Guardian reported the following hypocracy ...
    I didn't say anything about me believing or not I was just pointing out that debka is mostly a propaganda website. Ofcourse like any effective propaganda group they use just enough facts to accomplish their goals. But you know all about that, don't ya

    And my beloved Guardian? I see I hit a nerve. LMAO!

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    God/dess threlayer's Avatar
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    Default Re: Thank you George Bush!

    Quote Originally Posted by Melonie View Post
    ...At this point, oil consumption has fallen enough that essentially all US storage tank facilities are full to the brim ... to the point that tankers full of crude oil are sitting in harbors waiting for enough oil to be drawn down from the storage tanks so that they can be unloaded ... with yet more oil tankers already en-route to the same harbors !!! While the absolute value of this reduction in oil consumption might only be 3-4% on a worldwide basis, in terms of IMPORTED oil into the USA the percentage is much higher ... sufficiently high to back up the entire crude oil delivery stream all the way back to the middle eastern oil platforms !
    And so how much of this is just due to delays between perception of demand (and thus contracting, from months back) and the fulfillment of demand (current sales)?

    Almost all people still go to work and almost all companies are still in business and producing. Even in the US.
    I loved going to strip clubs; I actually made some friends there. Now things are different for the clubs and for me. As a result I am not as happy.

    Customers are not entitled to grope, disrespect, or rob strippers. This is their job, not their hobby, and they all need income. Clubs are not just some erotic show for guys to view while drinking.

    NOTE: anything I post here, outside of a direct quote, is my opinion only, which I am entitled to. Take it for what you estimate it is worth.

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    Default Re: Thank you George Bush!

    Quote Originally Posted by Lucy in the Sky View Post
    Oh now that is just rich considering we and the entire rest of the world are at MORE risk now not less because of his actions as President.
    And you base this on.........? I'm only worried about us in the US. The president's responsibility is to ensure as best he can the safety and well-being of those in the US. He has no such responsibility elsewhere.
    "never trust a big butt and a smile"-- Bell Biv DeVoe

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  8. #33
    Banned Melonie's Avatar
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    Default Re: Thank you George Bush!

    Almost all people still go to work and almost all companies are still in business and producing. Even in the US.
    where 'almost' is concerned, you have to add marginal decreases in oil consumption to horseshoes and hand grenades. Yes the airlines and delivery services are still in business, but for a fact the consumption of jet fuel and the consumption of gas / diesel for deliveries have been reduced significantly ... as has the consumption of gas / diesel for non-essential personal travel (i.e. cutbacks on vacations, cruises, all that stuff), the consumption of oil for industrial / electric power etc.

    Now factor in the percentage of oil that is imported from the middle east, versus the percentage of oil that is produced domestically or imported from 'adjacent' countries i.e. Mexico, Canada even Venezuela. Thus if total US oil consumption has been reduced by 5%, and if domestic and 'adjacent' oil supplies are not reduced, this translates into perhaps a 10% reduction in the demand for oil imported from long distances i.e. the middle east. Throw in a 4 week lead time for tanker transit, and THIS is the reason that every US harbor now has oil tankers backed up. And it will take a concerted cutback by the OPEC countries ... who badly need oil revenues to fund their social welfare programs to keep potentially troublemaking low income residents from revolting ... to actually make a dent in this (temporary) surplus of crude oil.

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    Default Re: Thank you George Bush!

    Quote Originally Posted by bem401 View Post
    And you base this on.........? I'm only worried about us in the US. The president's responsibility is to ensure as best he can the safety and well-being of those in the US. He has no such responsibility elsewhere.
    And what then, exactly was the direct threat to us in the US from Iraq that you should support spending a trillion dollars of our treasure and spilling the blood of 4,000 US soldiers?

  10. #35
    Senior Member Lucy in the Sky's Avatar
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    Default Re: Thank you George Bush!

    Quote Originally Posted by bem401 View Post
    And you base this on.........? I'm only worried about us in the US. The president's responsibility is to ensure as best he can the safety and well-being of those in the US. He has no such responsibility elsewhere.

    Let's not threadjack. Start a new topic if you want to debate the more or less safe issue. Thanks.

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    Default Re: Thank you George Bush!

    As the recession becomes longer and deeper oil consumption will certainly decrease. So far it has just clearly NOT been in line with gasoline price decreases. This is what I'm trying to convey.
    I loved going to strip clubs; I actually made some friends there. Now things are different for the clubs and for me. As a result I am not as happy.

    Customers are not entitled to grope, disrespect, or rob strippers. This is their job, not their hobby, and they all need income. Clubs are not just some erotic show for guys to view while drinking.

    NOTE: anything I post here, outside of a direct quote, is my opinion only, which I am entitled to. Take it for what you estimate it is worth.

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