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GASP! CHOKE! ROFL! Iraq has been pumping the pumps and keeping the cash from selling the oil to other mideast countries, Russia and China. They have a HUGE cash surplus, yet we continue to pour OUR money into rebuilding THEIR country. Where have you been?:blink:Energy stocks have lagged the run up in oil prices to record highs, which could be a sign that current crude prices are not sustainable. What happens if Iraq decides to help us out and begins to pump the pumps.
Back around the middle of the last century the big oil companies in the US, with the collusion of government, set out to intentionally destroy the public transport system in the US, in order to force the population to use automobiles more and thus burn more gas netting more profits for oil companies, and they were largely successful in achieving this objective. For the same reason they also encouraged massive urban sprawl and the development of suburbia, so that millions of people have to drive huge distances to get to work -
Birch,Because we have been diligently rebuilding the Iraqi energy infrastructure and protecting their pipelines they are now back to pre-invasion production. They may have the capacity to pump even more oil - have you any numbers to substantiate your claims that they are above pre-invasion levels?
wait for it. $12.25 coming before May 29.05/13/08
100% F= -.07/share
@#%!/#*&%$#@?!
is that a racing stripe? Never saw a mercedes with that paint job before! Used to own a Camaro with exactly those colors, tho...what year mercedes![]()
2003 Jaguar...what year mercedes![]()