CureZone   Log On   Join
Re: One more thing - EDIT
 
Newport Views: 2,205
Published: 16 y
 
This is a reply to # 1,147,816

Re: One more thing - EDIT


Aside from there being a conspiracy here are a couple of reason of what has been going on.
- long term planning did not anticipate this amount of use by oversized vehicles
it appears as if everyone needs to take their living room with them to the mall
- Saudi Oil is drying up, the stuff being pumped quicker is sour and the US has almost no refining capability for this hihg sulfur content
- the chimps excursion into Iraq almost cut off the most available sweet crude (easy to refine)
- the chimps attempt to overthrow Chavez cut off a good chunk of distilled from Vez
- food as fuel uses up more oil in heat units then it actually produces

add to this the growing demand from the BRICK countries and competition for oil, soon to be priced in EURO, is high and staying that way.

EDIT
- oil is being propped up to help the USD, as soon as pricing takes hold in other currencies this will stop abruptly

 

 
Printer-friendly version of this page Email this message to a friend
Alert Moderators
Report Spam or bad message  Alert Moderators on This GOOD Message

This Forum message belongs to a larger discussion thread. See the complete thread below. You can reply to this message!


 

Donate to CureZone


CureZone Newsletter is distributed in partnership with https://www.netatlantic.com


Contact Us - Advertise - Stats

Copyright 1999 - 2024  www.curezone.org

2.816 sec, (1)