• We’re currently investigating an issue related to the forum theme and styling that is impacting page layout and visual formatting. The problem has been identified, and we are actively working on a resolution. There is no impact to user data or functionality, this is strictly a front-end display issue. We’ll post an update once the fix has been deployed. Thanks for your patience while we get this sorted.

Saudi dropped OPEC!

They left a meeting; they have not left OPEC (at least yet). Still, this is fantastic, IMO. I see no realistic lose point for anybody here except OPEC.
 
My guess would be that OPEC wants production cut, but only by the Saudi's. I.e., Chavez and Iran wanna pump all they can because they badly need the money, and are insisting the Saudi's do they cutting so the price remains high.

If everybody wants to pump as much as they can, OPEC is essentially useless for now anyway.

Fern
 
If i could remember the amount of meetings i have been sitting at where one of them left i would have had a much bigger head.

It doesn't mean anything.
 
Originally posted by: Fern
My guess would be that OPEC wants production cut, but only by the Saudi's. I.e., Chavez and Iran wanna pump all they can because they badly need the money, and are insisting the Saudi's do they cutting so the price remains high.

If everybody wants to pump as much as they can, OPEC is essentially useless for now anyway.

Fern

Complete opposite actually. Saudi wants to pump at full production to lower prices because it would be best for them in the long term (avoid global economic collapse which could cause a permanent collapse in the price of oil) while Iran and Venezuela want to lower production to keep prices high so they can fund military projects, etc. back home.
 
Originally posted by: cobalt
Originally posted by: Fern
My guess would be that OPEC wants production cut, but only by the Saudi's. I.e., Chavez and Iran wanna pump all they can because they badly need the money, and are insisting the Saudi's do they cutting so the price remains high.

If everybody wants to pump as much as they can, OPEC is essentially useless for now anyway.

Fern

Complete opposite actually. Saudi wants to pump at full production to lower prices because it would be best for them in the long term (avoid global economic collapse which could cause a permanent collapse in the price of oil) while Iran and Venezuela want to lower production to keep prices high so they can fund military projects, etc. back home.

Yeah, well, no.

Saudi wants to sell when the price is high, right now, there are storages sitting on wait for five years, Russia wants to join OPEC, imagine WHY SA wants to pump as much into the current system as possible before that competition?

Iran has a LOT less funding of military than SA does, mostly because they don't really care, their only enemy can't really be defeated in the air or on water anyway, they know that very well, their scare tactics are working just fine though, i bet they are very happy about that.

Venezuelas military? You have got to be taking the piss.
 
Originally posted by: JohnOfSheffield

Saudi wants to sell when the price is high, right now, there are storages sitting on wait for five years

OMFGBBQ

Someone that has been paying attention.

I'm truly shocked :shocked:

:lips: :heart:
 
So Saudi wants to go it alone and you think tghe Republicans would "mess this up"? How? Invade and make them stay in Opec??

:laugh:

Silly liberals
 
Oil companies like OPEC, neo-cons don't. The reason SA wants to pump oil is because somebody at the ranch asked them to do it for the election season (happened in 04 too).
 
Originally posted by: Specop 007
So Saudi wants to go it alone and you think tghe Republicans would "mess this up"? How? Invade and make them stay in Opec??

:laugh:

Silly liberals

I'm neither a liberal nor a democrat. 😕 I just realize that oil is a big interest to many of the major players of the republican party.
 
Originally posted by: Specop 007
So Saudi wants to go it alone and you think tghe Republicans would "mess this up"? How? Invade and make them stay in Opec??

:laugh:

Silly liberals

Hey, the repubs even fucked up Afghanistan to the point where we are now, the US minister stated that it's not a ceartainty that this is a winnable war.

Well, Iraq is getting a lot better at least and who cares about Bin Ladin, Al Quaeda or the Taliban?

I don't know what the repubs can do but if they ever put their hands on anything with this administration, you can be assured it will end in misery.
 
Originally posted by: SagaLore
Originally posted by: Specop 007
So Saudi wants to go it alone and you think tghe Republicans would "mess this up"? How? Invade and make them stay in Opec??

:laugh:

Silly liberals

I'm neither a liberal nor a democrat. 😕 I just realize that oil is a big interest to anyone that drives a vehicle with a ICE, heats thier home, buys food/goods from a supermarket, has a job where anything needs to be mailed/shipped.

Fixed.

 
Originally posted by: SagaLore
Originally posted by: Specop 007
So Saudi wants to go it alone and you think tghe Republicans would "mess this up"? How? Invade and make them stay in Opec??

:laugh:

Silly liberals

I'm neither a liberal nor a democrat. 😕 I just realize that oil is a big interest to many of the major players of the republican party.

Whether or not oil is a big interest has nothing to do with the House of Saud. Nothing. So therefore you, by your own veiled admission, are indeed quite liberal as you thinhk the Republicans could mess it up. Every rational logical person realizes that Saudi Arabia is an independent country. This may come as a shock to you, but we hold no sway over their country or government.
 
Originally posted by: JohnOfSheffield
Originally posted by: Specop 007
So Saudi wants to go it alone and you think tghe Republicans would "mess this up"? How? Invade and make them stay in Opec??

:laugh:

Silly liberals

Hey, the repubs even fucked up Afghanistan to the point where we are now, the US minister stated that it's not a ceartainty that this is a winnable war.

Well, Iraq is getting a lot better at least and who cares about Bin Ladin, Al Quaeda or the Taliban?

I don't know what the repubs can do but if they ever put their hands on anything with this administration, you can be assured it will end in misery.

Now I believe the Obamessiah just stated the War in Iraq is being won thanks to the troop surge "he" called for......
 
Originally posted by: Specop 007
Originally posted by: JohnOfSheffield
Originally posted by: Specop 007
So Saudi wants to go it alone and you think tghe Republicans would "mess this up"? How? Invade and make them stay in Opec??

:laugh:

Silly liberals

Hey, the repubs even fucked up Afghanistan to the point where we are now, the US minister stated that it's not a ceartainty that this is a winnable war.

Well, Iraq is getting a lot better at least and who cares about Bin Ladin, Al Quaeda or the Taliban?

I don't know what the repubs can do but if they ever put their hands on anything with this administration, you can be assured it will end in misery.

Now I believe the Obamessiah just stated the War in Iraq is being won thanks to the troop surge "he" called for......

I don't give a shit about Obama.

Now what?
 
Originally posted by: JohnOfSheffield
Originally posted by: Specop 007
Originally posted by: JohnOfSheffield
Originally posted by: Specop 007
So Saudi wants to go it alone and you think tghe Republicans would "mess this up"? How? Invade and make them stay in Opec??

:laugh:

Silly liberals

Hey, the repubs even fucked up Afghanistan to the point where we are now, the US minister stated that it's not a ceartainty that this is a winnable war.

Well, Iraq is getting a lot better at least and who cares about Bin Ladin, Al Quaeda or the Taliban?

I don't know what the repubs can do but if they ever put their hands on anything with this administration, you can be assured it will end in misery.

Now I believe the Obamessiah just stated the War in Iraq is being won thanks to the troop surge "he" called for......

I don't give a shit about Obama.

Now what?

Now you're full of shit. 🙂
 
Originally posted by: JohnOfSheffield
If i could remember the amount of meetings i have been sitting at where one of them left i would have had a much bigger head.

It doesn't mean anything.

Wow - you have some fantastic insights.
 
Originally posted by: Specop 007
Originally posted by: JohnOfSheffield
Originally posted by: Specop 007
Originally posted by: JohnOfSheffield
Originally posted by: Specop 007
So Saudi wants to go it alone and you think tghe Republicans would "mess this up"? How? Invade and make them stay in Opec??

:laugh:

Silly liberals

Hey, the repubs even fucked up Afghanistan to the point where we are now, the US minister stated that it's not a ceartainty that this is a winnable war.

Well, Iraq is getting a lot better at least and who cares about Bin Ladin, Al Quaeda or the Taliban?

I don't know what the repubs can do but if they ever put their hands on anything with this administration, you can be assured it will end in misery.

Now I believe the Obamessiah just stated the War in Iraq is being won thanks to the troop surge "he" called for......

I don't give a shit about Obama.

Now what?

Now you're full of shit. 🙂

True, i don't like Obama, i'd vote for McCain if i was American until he selected the Christian version of Admeijnahafuck (president of Iran, i can never remember his name) for a VP.
 
Originally posted by: Napalm
Originally posted by: JohnOfSheffield
If i could remember the amount of meetings i have been sitting at where one of them left i would have had a much bigger head.

It doesn't mean anything.

Wow - you have some fantastic insights.

If you had the brains to decipher that simple message it would be "this doesn't mean anything" which in itself is an insight greater than your sorry arse ever will come up with.

You are welcome to read my other replies though, if you can decipher clear meaning in at least one of them you can go have a cookie.

Cheerio.
 
And on that note, Venezuela expels the US ambassador and claims a coup attempt. Either Chavez is off his meds again or he's desperate to keep oil prices from falling further.

http://www.cnn.com/2008/WORLD/....html?iref=mpstoryview

Venezuela to expel U.S. ambassador

(CNN) -- Venezuelan President Hugo Chavez said Thursday he is recalling his own ambassador from Washington and expelling the U.S. ambassador from Venezuela.

"He has 72 hours, from this moment, the Yankee ambassador in Caracas, to leave Venezuela," Chavez told a crowd of supporters.

The president said he was making the moves "in solidarity with Bolivia and the people of Bolivia."

Bolivia's Evo Morales accused the United States Thursday of fomenting a coup d'etat by rich eastern department landowners against him, the country's first Indian president.

"We have seen reports about President Chavez's remarks but have not received any official diplomatic communication," said Gordon Duguid, a State Department spokesman. "Our embassy in Caracas is looking into these reports."

Also Thursday, Chavez accused the United States of having backed a coup plot against him.

"When there's a new government in the United States, we'll send an ambassador," he said. "A government that respects Latin America."

Earlier Thursday, Chavez said he has uncovered a U.S.-backed plot to remove him from power.

"It's the empire that's behind this," he told supporters in a nationally televised address. "They go around looking for a way to stop our revolution and, with it, to strike all the processes of change that are occurring in our Americas, in the Caribbean, in Central America."

Chavez then played a four-minute tape of what he said were conversations among current and retired members of the Venezuelan military discussing whom they could count on to support a movement against the presidential palace.

Chavez, who was briefly detained in a failed 2002 coup attempt, said the former plotters "are the same people involved in this coup attempt. Behind them is the American empire."

But he said the presence of two Russian warplanes on Venezuelan soil for a training exercise "is a warning" to the rest of the world that Venezuela's allies include Russia and other countries.

Chavez added that, should any country in Latin America be overthrown, he would interpret that to be "the green light to undertake military operations of any sort in those countries, and restore power back to the people."

And he had a message for President Bush, beseeching him, to "go wherever you have to go and leave the Latin-American people alone."

He added, "If they kill me, my God, I don't fear for me, but for what comes after."

A U.S. State Department spokesman denied involvement in any coup attempts in Venezuela or Bolivia.
 
Originally posted by: Specop 007
Originally posted by: JohnOfSheffield
Originally posted by: Specop 007
So Saudi wants to go it alone and you think tghe Republicans would "mess this up"? How? Invade and make them stay in Opec??

:laugh:

Silly liberals

Hey, the repubs even fucked up Afghanistan to the point where we are now, the US minister stated that it's not a ceartainty that this is a winnable war.

Well, Iraq is getting a lot better at least and who cares about Bin Ladin, Al Quaeda or the Taliban?

I don't know what the repubs can do but if they ever put their hands on anything with this administration, you can be assured it will end in misery.

Now I believe the Obamessiah just stated the War in Iraq is being won thanks to the troop surge "he" called for......

He already pointed out that Iraq is getting a lot better in his post. The point was Afghanistan, ie the first war, is not getting better.
 
Originally posted by: JohnOfSheffield
Yeah, well, no.

Saudi wants to sell when the price is high, right now, there are storages sitting on wait for five years, Russia wants to join OPEC, imagine WHY SA wants to pump as much into the current system as possible before that competition?

Saudi has stated repeatedly they don't want high oil prices. They're not stupid - they are very business savvy. High oil prices only serve to drive the world towards alternative fuel sources at the worst and a global economic slowdown at best. Both do the same thing and that's cut their profits. And if everyone were to ween off oil then they'd have no chance for recovery. No, they want low oil prices to keep everyone suckling at their teat.

Remember the 70s? We almost stopped buying foreign oil during that crisis. They don't want that threat to ever actually come to fruition. It would be disastrous for them.
 
Back
Top