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Oil price rises

 
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Peco
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Joined: 01 Sep 2006
Posts: 9562
Location: Glasgow

PostPosted: Sat Jul 28, 2007 10:56 pm    Post subject: Oil price rises Reply with quote

Definitely fortunes being made in the oil markets.

http://news.bbc.co.uk/1/hi/business/6920159.stm






Notice how every time there's a war the price of oil rockets? Don't anyone tell me that oil companies don't make a killing out of it. Those who profit most from war are the most likely to cause it and support it.
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Uncle Osama
 
 


Joined: 06 Jul 2007
Posts: 2235
Location: caves, Afghanistan

PostPosted: Sat Jul 28, 2007 11:37 pm    Post subject: Reply with quote

I blame the companies who funded Bush to power Exclamation profits are all they see Exclamation deaths of civilians is somehow collateral damage Exclamation uncle osama has spoken Arrow
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Peco
Community Moderator


Joined: 01 Sep 2006
Posts: 9562
Location: Glasgow

PostPosted: Sat Jul 28, 2007 11:37 pm    Post subject: Reply with quote

You can fuck off too you boring bastard.
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Uncle Osama
 
 


Joined: 06 Jul 2007
Posts: 2235
Location: caves, Afghanistan

PostPosted: Sat Jul 28, 2007 11:41 pm    Post subject: Reply with quote

Peco wrote:
You can fuck off too you boring bastard.
I have a flight to catch back to Kabul Exclamation it is time to go through customs Exclamation if anyone sees Ammie tell her I love her Exclamation thanks you Exclamation uncle osama has spoken Arrow
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Bombasticspastic
 
 


Joined: 28 Jul 2007
Posts: 628

PostPosted: Sun Jul 29, 2007 12:47 am    Post subject: Reply with quote

Last year, Hugo Chávez offered to peg the price of oil; his proposition would have locked oil at $50 per barrel. Venezuela is the fifth largest oil producer in the world; and, could satisfy the planet’s oil needs for more than a century. Time enough for us to wean ourselves off oil dependency.

What would be in it for the USA though?
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Peco
Community Moderator


Joined: 01 Sep 2006
Posts: 9562
Location: Glasgow

PostPosted: Sun Jul 29, 2007 7:52 am    Post subject: Reply with quote

Nothing would be in it for the USA, the single biggest influence on the USA government is the Oil industry. The main figures in the administration all have huge holdings in American oil companies, and the republican party receives huge donations from the industry. It would be bad for the American oil industry to have oil prices pegged or capped, and bad for the personal financial interests of the main members of the current administration.
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imlooking
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PostPosted: Sun Jul 29, 2007 8:56 am    Post subject: current wars Reply with quote

it seems to me that the iraq war is more about oil than anything else,
gain control use up all the arabs oil while keeping your own,then once there oil is used up put up the price of your own and blackmail every one you dont like into submission
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Bombasticspastic
 
 


Joined: 28 Jul 2007
Posts: 628

PostPosted: Sun Jul 29, 2007 12:50 pm    Post subject: Reply with quote

Peco wrote:
Nothing would be in it for the USA, the single biggest influence on the USA government is the Oil industry. The main figures in the administration all have huge holdings in American oil companies, and the republican party receives huge donations from the industry. It would be bad for the American oil industry to have oil prices pegged or capped, and bad for the personal financial interests of the main members of the current administration.


I believe that was one of the points Chávez was making.
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Uncle Osama
 
 


Joined: 06 Jul 2007
Posts: 2235
Location: caves, Afghanistan

PostPosted: Sun Jul 29, 2007 1:06 pm    Post subject: Reply with quote

Cavez is my hero Exclamation he has balls of iron Exclamation he hates US economy control over the world Exclamation uncle osama has spoken Arrow
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