AKBASSKING
Active Member
- Apr 13, 2008
- 4,649
- Boat Info
- 1988 Yacht Fisher
- Engines
- Twin 375hp Cat 3208 T/A
How true.....
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And you guys made fun of me when I started buying scooters.
Guess who is laughing at who now ??. :lol: . I can go all month on $10 worth of gas. :smt001
View attachment 24183
Did you ever hear of a Google search?
Afghanistan Oil Production: Oil - production: 0 bbl/day (2010 est.)
http://www.indexmundi.com/energy.aspx?country=af&product=oil&graph=production
Also, Iraq: http://www.indexmundi.com/energy.aspx?country=iq&product=oil&graph=production
Saudia Arabia: http://www.indexmundi.com/energy.aspx?country=sa&product=oil&graph=production
United States: http://www.indexmundi.com/energy.aspx?country=us&product=oil&graph=production
This chart shows that in the last 30 years U.S. oil production has fallen from nearly 9 million barrels a day in 1980 to 5.4 million in 2010. Why. I thought the Bushes were "oil men" and were rigging the system for the oil industry but somehow production fell.
http://www.indexmundi.com/energy.aspx?country=us&product=oil&graph=production
MM
They're saying on the news here that gas will hit $5 by July.
This chart shows that in the last 30 years U.S. oil production has fallen from nearly 9 million barrels a day in 1980 to 5.4 million in 2010. Why. I thought the Bushes were "oil men" and were rigging the system for the oil industry but somehow production fell.
http://www.indexmundi.com/energy.aspx?country=us&product=oil&graph=production
MM
I suppose a person could think that if the USA was the only location that had oil.. . .and yet profits are at record highs. Hmmmm. Maybe it is more rigged than you think?
. . .and yet profits are at record highs. Hmmmm. Maybe it is more rigged than you think?
I am not trying to insult, embarrass, or, make someone else feel stupid :smt089....we are having a conversation, a dialogue, if it's interesting, IMO, it works....it's fun, if we were all standing in a group, an observer, would say we are bullsh**ing....I think my story is fairly accurate, but really, who cares????:smt043:smt043:smt043
President to give a major speech tomorrow on energy and gas prices..........
We had a major fire at a BP refinery in Washington state. An official in Portland stated on the radio this morning that they will raise gas prices by $.05 a gallon, if the public does not reduce demand, they will raise it another $.05. If the public doesn't get it, then prices will rise $0.20 a gallon and then maybe the public will get the message and start taking the bus!
Socialism at its best!
President to give a major speech tomorrow on energy and gas prices..........
We had a major fire at a BP refinery in Washington state. An official in Portland stated on the radio this morning that they will raise gas prices by $.05 a gallon, if the public does not reduce demand, they will raise it another $.05. If the public doesn't get it, then prices will rise $0.20 a gallon and then maybe the public will get the message and start taking the bus!
Socialism at its best!
The reality is oil companies make much less than many industries in margin as their "profits" are on volume. The internet connection you are using has over twice the profit margin of the oil industry.
The wiring to my house is 30 years old. If the oil company were operating on half the profit margin of my internet provider. . . . . . . . that industry would be much more profitable than it is.
http://seekingalpha.com/article/269...margin-ranks-fairly-low-there-are-bigger-fish
Hmmm. . . .huge volumes with middling profit margin -> this is why I am invested in oil stocks
BTW: What are we arguing about again? Let's talk that over the next beer!
If we were in that circle BS'ing we would still be bustin ba!!s. :smt043
btw: What are we arguing about again? Let's talk that over the next beer!
If we were in that circle BS'ing we would still be bustin ba!!s. :smt043