Oil down $30 in a month.

[Vic]

Originally posted by: charrison

Originally posted by: Vic

Originally posted by: charrison

Originally posted by: Vic

Originally posted by: charrison
I had no idea the saber rattling with iran caused all the commodities to go up and not just oil.....

Originally posted by: Vic
Gas prices jumped up this year due to unchecked speculation and Bush's saber-rattling with Iran.

Sometimes I wonder which is the greater socialism. Welfare, or people who expect govt to protect their financially-irresponsible lifestyles. Then I remember that they're both the same thing.

But given most traded commodities experienced a price curve similar to oil, it seems saber rattling with iran played very little part in the price run up. Speculation no doubt played a part, but iran had very little to do with the run up of price of oil.

Speculation played a part no doubt, but so did world demand. So did the demand destruction for oil.

You may want to blame Bush for this, but he is not to blame for all the worlds Ills.

I already discussed this, and you even quoted it, so it is IMO pretty disingenuous of you to play this bit now. Especially the blame Bush for all the world's ills straw man. I suppose that's the best you could come up with when you don't actually know anything about the subject at hand and are just looking to grasp at any straw you can...

I played this bit because it is true. There is far more involved with the price of oil than just who is sitting in DC and it is quite disingenuous of you to claim otherwise.

Let me know how anyone in DC is as fault for rising world demand.
Let me know how anyone in DC is at fault for lack of oil field investnment worldwide due to low prices in the 90s.
Let me know how anyone in DC is at fault because choose bigger cars because gas was cheap in the 90s?
Let me know how anyone in DC is at fault because sweet crude became less abundant and sour crude became more abundant.

In the end you are trying to peg a large potion of high oil prices on something that that had little effect on them. There are far larger overriding factors involved and you know that.

Let me know when you decide to start arguing without straw men.

 

[charrison]

Originally posted by: Vic

Originally posted by: charrison

Originally posted by: Vic

Originally posted by: charrison

Originally posted by: Vic

Originally posted by: charrison
I had no idea the saber rattling with iran caused all the commodities to go up and not just oil.....

Originally posted by: Vic
Gas prices jumped up this year due to unchecked speculation and Bush's saber-rattling with Iran.

Sometimes I wonder which is the greater socialism. Welfare, or people who expect govt to protect their financially-irresponsible lifestyles. Then I remember that they're both the same thing.

But given most traded commodities experienced a price curve similar to oil, it seems saber rattling with iran played very little part in the price run up. Speculation no doubt played a part, but iran had very little to do with the run up of price of oil.

Speculation played a part no doubt, but so did world demand. So did the demand destruction for oil.

You may want to blame Bush for this, but he is not to blame for all the worlds Ills.

I already discussed this, and you even quoted it, so it is IMO pretty disingenuous of you to play this bit now. Especially the blame Bush for all the world's ills straw man. I suppose that's the best you could come up with when you don't actually know anything about the subject at hand and are just looking to grasp at any straw you can...

I played this bit because it is true. There is far more involved with the price of oil than just who is sitting in DC and it is quite disingenuous of you to claim otherwise.

Let me know how anyone in DC is as fault for rising world demand.
Let me know how anyone in DC is at fault for lack of oil field investnment worldwide due to low prices in the 90s.
Let me know how anyone in DC is at fault because choose bigger cars because gas was cheap in the 90s?
Let me know how anyone in DC is at fault because sweet crude became less abundant and sour crude became more abundant.

In the end you are trying to peg a large potion of high oil prices on something that that had little effect on them. There are far larger overriding factors involved and you know that.

Let me know when you decide to start arguing without straw men.

Let me know which of the above facts I am misrepresenting to create a straw man.....

 

[dmcowen674]

Originally posted by: charrison

Originally posted by: Vic

Originally posted by: charrison

Originally posted by: Vic

Originally posted by: charrison

Originally posted by: Vic

Originally posted by: charrison
I had no idea the saber rattling with iran caused all the commodities to go up and not just oil.....

Originally posted by: Vic
Gas prices jumped up this year due to unchecked speculation and Bush's saber-rattling with Iran.

Sometimes I wonder which is the greater socialism. Welfare, or people who expect govt to protect their financially-irresponsible lifestyles. Then I remember that they're both the same thing.

But given most traded commodities experienced a price curve similar to oil, it seems saber rattling with iran played very little part in the price run up. Speculation no doubt played a part, but iran had very little to do with the run up of price of oil.

Speculation played a part no doubt, but so did world demand. So did the demand destruction for oil.

You may want to blame Bush for this, but he is not to blame for all the worlds Ills.

I already discussed this, and you even quoted it, so it is IMO pretty disingenuous of you to play this bit now. Especially the blame Bush for all the world's ills straw man. I suppose that's the best you could come up with when you don't actually know anything about the subject at hand and are just looking to grasp at any straw you can...

I played this bit because it is true. There is far more involved with the price of oil than just who is sitting in DC and it is quite disingenuous of you to claim otherwise.

Let me know how anyone in DC is as fault for rising world demand.
Let me know how anyone in DC is at fault for lack of oil field investnment worldwide due to low prices in the 90s.
Let me know how anyone in DC is at fault because choose bigger cars because gas was cheap in the 90s?
Let me know how anyone in DC is at fault because sweet crude became less abundant and sour crude became more abundant.

In the end you are trying to peg a large potion of high oil prices on something that that had little effect on them. There are far larger overriding factors involved and you know that.

Let me know when you decide to start arguing without straw men.

Let me know which of the above facts I am misrepresenting to create a straw man.....

All of them