Oil Slick Stuff

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If you think about it, republicans are blowing themselves up with the ACORN hysteria.

It's like this-

ACORN engaged in one of the most direct forms of capitalism there is.

It hired the unemployed, and PAID THEM "PER-SIGNATURE" they got on voter's registration documents.

So, if someone was dishonest, they turned in "extra" signatures - out of the phone book-- in order to collect a higher per-piece paid by the employer. ACORN was out the money they paid for the paid signatures. But the violation of law for falsefying a signature is on the employee, not on ACRON.

Pure capitalism.

Now, is it right to turn in ficticious signatures?

No. Absolutely not.

However, then ask "What is the impact of this?"

Well, the impact is that those names are simply not valid registrations. There will be no ghost waiting in and trying to vote in the election. These are going to be "no show" ghosts.

It's capitalism gone to the Nth degree. Unregluated. Jusst what Republicans would want.

And now it is REPUBLICANS who are using ACORN's exercise of capitalism as a flaming talking point of the day.

Interesting.

McCain was FOR ACORN- before he was against it.
 
BUT McCain isn't part of ACORN!!!! Oh about Oil and Gas, it's going down I think? See the OSS Home Page to find out!:D
 
Ooops-

Need to move this conversation to the lounge.

Back in this thread to the topic of Oil. I just saw gas at $2.88 a gallon today.

Cool.
 
Sorry Norm..I've got gas real bad right now..ate some Texas style beans for lunch:D:blink:
 
Drill-baby-drill, meet $75 oil

As the price of crude tumbles from the summer's record highs, what will become of the push to increase drilling?

By Ben Rooney, CNNMoney.com staff writer

October 15, 2008: 4:02 PM ET

'In for a rough ride'



NEW YORK (CNNMoney.com) -- "Drill-baby-drill!"​


With the price of oil falling below $75 a barrel Wednesday - down about 49% from last summer's highs - the industry's battle cry is sounding less and less convincing.
But falling oil prices are not the only reason why the air is coming out of the drilling balloon. The credit crunch has hampered oil company's ability to fund big-ticket drilling projects. Meanwhile, the prices that producers pay for raw materials and labor remain high.
"Any project that assumed oil would average $100 over the next 10 to 20 years is being seriously reconsidered at this time," said Richard Ward, senior cost analyst at IHS Cambridge Energy Research Associates (CERA).
As recently as July, tapping deep water sources and extracting crude from Canadian oil sands - two very expensive production methods - were seen as economically viable ways to deal with the energy crisis. At that time, the price of oil was above $140 a barrel.
Now that the price has fallen below $75 a barrel, and could go even lower, many experts say the future of these projects is uncertain.
Prices. [more]
http://money.cnn.com/2008/10/14/news/cost_of_drilling/index.htm
 
hessian said:
Yeah, just think about all those un-tapped methane reserves!! :nuts:
Oh, sorry, I hear they're one of the culprits in the greenhouse gas and carbon sequestration arguement. :rolleyes:
Click to expand...

so....should we sequester the culprit? :nuts:
 
I see OPEC moved up their meeting to October 24th. Whatsa matter guys, below $70 per barrel gonna keep you from christmas shopping this year?

Thought it was all about supply and demand :rolleyes:
 
Oil slides further after inventory report:mad:

Government data show larger-than-expected growth in the nation's supplies of crude oil and gasoline.

By Ben Rooney, CNNMoney.com staff writer
October 16, 2008: 11:12 AM ET

NEW YORK (CNNMoney.com) -- The price of oil continued to fall Thursday after a government report showed the nation's supplies of crude and gasoline grew more than expected last week.
Light, sweet crude for November delivery was down $3.35 to $71.21 a barrel on the New York Mercantile Exchange. Oil was down $1.34 a barrel just before the report was released at 11 a.m. ET.
The price of oil settled Wednesday at a 13-month low and is now about half what it was in July, when it traded as high as $147 a barrel.
In its weekly inventory report, the Energy Information Administration said the nation's stockpiles of crude oil grew 5.6 million barrels in the week that ended Oct. 10. Analysts surveyed by energy research firm Platts were expecting the government to report an increase of 3.1 million barrels.
Gasoline stocks increased 7 million barrels, while supplies of distillates, used to make diesel fuel and heating oil, fell 500,000 barrels last week. The nation's supply of gas was expected to have grown by 3.1 million barrels and distillate stocks were forecast to decline 850,000 barrels.
The government report is normally released on Wednesday but was delayed due to the Columbus Day holiday on Monday.
The oil market has been pressured recently by fears that a global economic recession will drive down the once robust demand for energy.
Global stock markets have been volatile as governments worldwide have taken steps to restore confidence in the financial system. But investors appear focused on signs that the economy will remain weak even after the markets have stabilized.
http://money.cnn.com/2008/10/16/markets/oil/index.htm?postversion=2008101611
 
Minnow said:
I see OPEC moved up their meeting to October 24th. Whatsa matter guys, below $70 per barrel gonna keep you from christmas shopping this year?

"Thought it was all about supply and demand :rolleyes:
Click to expand...
"Brothers, we have been hoodwinked by the U.S. dollar. When the value dropped, we were billionaires. Then the price of wheat rose to the realms of millionaires.

We should tie the price to...our currency!"

"Whose currency?"

[silence]

"Brothers! We have been hoodwinked by the U.S. $!"

"Shut up and sit down while we haggle out the price."
 
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