Oil Slick Stuff

Wimpy said:
If you are talking about the nut case picking a fight with a Iran, you are correct. He is rapidly losing support and the country he represents is a Paper Tiger. See article below...

If you are referring to President Bush, I suggest you offer an alternative to threatening armed conflict (or ultimately doing so) to prevent an incredibly hostile terrorist nation from acquiring WMDs. So, since you are ostensibly not a nutcase, as you would label my President, what do you offer as an alternative? May I also suggest that perhaps you got the “NUTCASE” WRONG? HE IS IN TEHERAN, NOT DC.

As a critic of the President, you are certainly entitled to your opinion, which I might even share on occasion. However, when you criticize a substantive policy, you had better be ready to offer an alternative. Of course, re: Iran, you can’t and won’t. Get over Iraq and stop trying to punish our nation for the Iraq issue. Iran is waiting. Don’t let politics get into this. Up until recently, I was a registered Democrat. Iran must be stopped and your hatred for Bush is so intense (I don’t like him either) that you lose sight of the threat emanating from it. Moreover, from the tone of your arguments, it is clear that you do not understand the threat posed by Iran.
 
Oceansideguy said:
Wimpy said:
If you are talking about the nut case picking a fight with a Iran, you are correct. He is rapidly losing support and the country he represents is a Paper Tiger. See article below...

If you are referring to President Bush, I suggest you offer an alternative to threatening armed conflict (or ultimately doing so) to prevent an incredibly hostile terrorist nation from acquiring WMDs. So, since you are ostensibly not a nutcase, as you would label my President, what do you offer as an alternative? May I also suggest that perhaps you got the “NUTCASE” WRONG? HE IS IN TEHERAN, NOT DC.

As a critic of the President, you are certainly entitled to your opinion, which I might even share on occasion. However, when you criticize a substantive policy, you had better be ready to offer an alternative. Of course, re: Iran, you can’t and won’t. Get over Iraq and stop trying to punish our nation for the Iraq issue. Iran is waiting. Don’t let politics get into this. Up until recently, I was a registered Democrat. Iran must be stopped and your hatred for Bush is so intense (I don’t like him either) that you lose sight of the threat emanating from it. Moreover, from the tone of your arguments, it is clear that you do not understand the threat posed by Iran.

The alternative I offer for President Bush and his neocons is simply Mind Your Own Business (MYOB). I know it sounds really absurd for the busybody types, but it has worked rather well for Switzerland and other countries. Since we've haven't done likewise for a very long time and we seem to get ourselves into one armed conflict after another (no matter which party is in power)...it is worth a try, don't you think? :)
 
I would suggest a nuclear non-proliferation policy that is not discriminatory, i.e. a policy that would pressure other countries to give up on nuclear weapon development.

Countries like India -- that the current administration has not discouraged if it hasn't outright encouraged concerning nuclear weapon technology; Pakistan -- one of those 1980's type American buddies like Saddam and Iraq -- who knows where Pakistan will be 10 years from now; Isreal -- who has no inspections concerning its nuclear weapon program and North Korea.

Others can see right through a policy that is discriminatory and through Washington politicians who practice lies and slander against their challengers, and who simply buy their offices via campaign contributions.
 
$72.50: Down, Up, Down, Up! I'm getting seasick!:sick:

06/06/2006 - Updated 3:11 PM ET
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Oil falls;
traders await Iran's response to incentives
U.S. supply data set for Wednesday; Atlantic hurricane season still in focus
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By Myra P. Saefong, MarketWatchSAN FRANCISCO (MarketWatch)

Crude-oil futures closed lower Tuesday, but held their ground above the $72 mark with traders casting a wary eye on U.S. supplies and production as they awaited Iran's full response to the European Union's proposal to offer Tehran incentives to discontinue its nuclear research.
Crude for July delivery closed down 10 cents at $72.50 a barrel on the New York Mercantile Exchange, after falling earlier to a low of $71.35.
http://markets.usatoday.com/custom/usatoday-com/html-story.asp?markets=Commodities&guid=%7BE744DEAB%2D052D%2D424F%2DA770%2D67F9DFF1A353%7D
 
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$71.86 a barrel, better.:o


06/07/2006 - Updated 7:46 AM ET
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Crude falls on signs of easing U.S./Iran tensions
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By Ciara Linnane, MarketWatch
NEW YORK (MarketWatch) -- Crude futures fell early Wednesday on signs of an easing of tensions between the U.S. and Iran, with traders eyeing developments in Nigeria and awaiting weekly supply data later in the day. Crude for July delivery was last trading down 64 cents at $71.86 a barrel in electronic trade. On Tuesday, the contract closed slightly lower but held above the $72 a barrel level.
 
Looks like I may have got some BUM DOPE from Briefing.co. or I read it wrong??? WTH? That changes things.

06/07/2006 - Updated 11:11 AM ET
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Crude extends decline after supply data
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</IMG>By Ciara Linnane, MarketWatch
NEW YORK (MarketWatch) -- Crude-oil futures added to their early losses Wednesday as weekly data showed higher-than-expected buildups in the nation's inventories of crude, motor gasoline and distillates.
Crude for July delivery was last trading down $1.50 at $71.05 a barrel on the New York Mercantile Exchange. The contract moved lower from the opening on signs of an easing of tensions between the U.S. and Iran.http://markets.usatoday.com/custom/usatoday-com/html-story.asp?markets=Commodities&guid=%7BC47C253B%2D8753%2D4202%2D8A84%2D9B4EAC849AA7%7D
 
Down Boy, Down!
$70.82

06/07/2006 - Updated 4:07 PM ET
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Crude extends decline after supply dataAmple inventories, easing Iran tensions push prices lower
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</IMG>By Ciara Linnane, MarketWatch
NEW YORK (MarketWatch) -- Crude-oil futures closed 2% lower Wednesday, leading a broad decline across the petroleum sector, after weekly data showed buildups in the nation's inventories of crude, motor gasoline and distillates.
.http://markets.usatoday.com/custom/...s&guid={C47C253B-8753-4202-8A84-9B4EAC849AA7}
 
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It needs to go WAY MORE DOWN if inflation is expected to be contained. That's what all these markets are eyeballing & combating; INFLATION. We can thank those at Valero and others alike who got that 200 - 500% profit increase last year. They've screwed the world, its business communities and those trying to survive the world markets abroad. :mad:
 
It's a setup to create a lack of supply for this hurricane season & summer, to create reason for more profit through higher prices at the pumps. Just look at the oil futures; the writing is on the wall to February 2007. These greedy SOB's ain't gonna loose a blood nickle. We will see $80 - $85 dollar a barrel oil before October 2006. :notrust: Where do you think the 200 - 500% profits come from?
nnuut said:
Crude inventories down>>>> From 1599K to 1146K. What do you think this means?:confused:

http://www.briefing.com/Investor/Public/MarketAnalysis/Calendars/EconomicCalendar.htm
 
Finally got the SOB!!
Below $70

Oil falls below $70 on death of al Qaeda's Zarqawi
Iraqi official says separately that the country will more than double its current level of oil by 2010.
June 8, 2006: 6:37 AM EDT

SINGAPORE (Reuters) - Oil fell nearly 2 percent to below $70 for the first time in two weeks on Thursday after the death of al Qaeda'a leader in Iraq, where crude exports have been curbed by frequent sabotage attacks and instability.
The plunge deepened losses from a day ago, when data showed rising crude and fuel inventories, easing concerns about summer supplies in the world's biggest consumer.
http://money.cnn.com/2006/06/08/markets/oil.reut/index.htm?cnn=yes
 
nnuut said:
$69.40 a Barrel! DOWN BOY!

Light sweet crude for July delivery on the New York Mercantile Exchange fell $1.42 at $69.40 a barrel. The last time Nymex oil futures settled below $70 was on May 24. Nymex gasoline futures fell by almost 7 cents to $2.055 a gallon.

http://biz.yahoo.com/ap/060608/oil_prices_us.html?.v=1

Nnuut, I'm afraid its too little too late.....it will be a while before lower crude prices will help any.....

Here's a popsicle for ya!!!
 
I still think we have Big Oil to thank for all that is transpiring in today’s world markets. The fuse was lit last year. Damn shame.
 
Caught in a trading range.
$70.71 a barrel
Oil climbs toward $71
Iraq's oil output continues to look negative despite the death of al Qaeda leader Zarqawi; Iraqi oil official kidnapped.
June 9, 2006: 7:01 AM EDT

LONDON (Reuters) - Oil rose towards $71 on Friday as Iraq's oil sector continued to look vulnerable despite the death of a top al Qaeda leader.
Prices were also supported as tensions reignited between the West and Iran after Tehran launched a fresh round of uranium enrichment.
http://money.cnn.com/markets/hotstocks/U.S. crude oil rose 36 cents to $70.71 a barrel, trimming this week's losses of around 3 percent. London Brent crude jumped 61 cents to $69.66 a barrel.
http://money.cnn.com/2006/06/09/markets/oil.reut/index.htm?cnn=yes
 
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