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View Full Version : OT: Crude Oil prices



RD'S Alias - 1A
09-19-2007, 10:08 AM
Wow, I just looked at a quarterly chart going back to 1983. In that time, with only a few exceptions where it got up in the low $40.00's, from April 2004 all the way back to 1983 Crude oil was between $20.00 and $25.00 a barrel.

Since May of 04 (Same month I met Debbie, and thus the start of all my strange problems with Women) it has been going steadily up, and up.

The High for today is over $80.00

No wonder everything is so expensive. since our entire world depends on Oil, from plastics, to fuel needed to transport goods, having oil over 3 times it's normal price is wreaking absolute havoc on the economy.

No wonder foreclosures are at an all time high right now...and predicted to get worse!!

sanjuro_ronin
09-19-2007, 10:12 AM
Obviously You and your women problems are effecting oil prices.

Stop it at once !

RD'S Alias - 1A
09-19-2007, 10:19 AM
That is what I was thinking. Somehow, my relationship with Debbie was the start of a global, downward spiral.


The question is what can be done about it? i think the only solution would be to build a time machine, go back the the nite of my first date with her, and prevent it from ever happening.

Of course, years worth of juvenile entertainment over all my Women's problems would be erased from existence, but if it restores global harmony and brings oil prices back to earth, it would be worth it!

RD'S Alias - 1A
09-19-2007, 10:21 AM
LOL!! maybe she is right, maybe really *DO* blame her for everything!!

sanjuro_ronin
09-19-2007, 10:21 AM
That is what I was thinking. Somehow, my relationship with Debbie was the start of a global, downward spiral.


The question is what can be done about it? i think the only solution would be to build a time machine, go back the the nite of my first date with her, and prevent it from ever happening.

Of course, years worth of juvenile entertainment over all my Women's problems would be erased from existence, but if it restores global harmony and brings oil prices back to earth, it would be worth it!

Anal sex usually is the answer to most of the worlds problems, you can start there.

RD'S Alias - 1A
09-19-2007, 10:28 AM
Debbie does not return my calls anymore, so Anal sex with her is probably out of the question.

sanjuro_ronin
09-19-2007, 10:29 AM
Debbie does not return my calls anymore, so Anal sex with her is probably out of the question.

I find your lack of faith disturbing.

RD'S Alias - 1A
09-19-2007, 10:30 AM
I probably shouldn't have commented about Debbie, as I really did want to discuss oil prices and thier effect on the over all way we live.

It's just that coincidence popped into my head as I was typing.

RD'S Alias - 1A
09-19-2007, 10:32 AM
Debbie didn't like anal to begin with...now since then, she has gained like 60 pounds or more. She literally doubled in size.

The idea of doing anything with her where she is not fully clothed and ready for severe winter weather grosses me out.

sanjuro_ronin
09-19-2007, 10:43 AM
Debbie didn't like anal to begin with...now since then, she has gained like 60 pounds or more. She literally doubled in size.

The idea of doing anything with her where she is not fully clothed and ready for severe winter weather grosses me out.

More cushin for the pushin biotch !!

:D

sanjuro_ronin
09-19-2007, 10:44 AM
The US shouldn't be so bad, you get tons of oil from us and we are the loving socialist types :D

RD'S Alias - 1A
09-19-2007, 10:53 AM
That does not change the fact that the global prices are no tripple what they used to be...and rising...

sanjuro_ronin
09-19-2007, 11:20 AM
Well, they have to pay for all the construction in Dubai.

WinterPalm
09-19-2007, 11:34 AM
A good place to start is to stop driving an automobile that runs exclusively on gas. Also, you could buy more locally grown food if this is an option. Buy second hand clothing, "get" movies and music off the internet, use cloth bags for shopping, wear a sweater in the winter while inside, build, if at all possible, a fireplace to create a different source of heat. You could even make an old school wood stove and get your warmth and your cooking from that.

We are only dependent on oil as far as we think and act like we are. There are many solutions to this addiction. Many parts of Europe have dealt with it. The problem here in North America is that our geographical layout almost necessitates the utilization of motorized transport.

And yes, many of the socialized systems we have are excellent! I just wish we could get tutition and other medical coverage systems. Or maybe force all businesses to provide comprehensive health and dental plans for any and all workers! That'd be pretty sweet!

sanjuro_ronin
09-19-2007, 11:38 AM
A good place to start is to stop driving an automobile that runs exclusively on gas. Also, you could buy more locally grown food if this is an option. Buy second hand clothing, "get" movies and music off the internet, use cloth bags for shopping, wear a sweater in the winter while inside, build, if at all possible, a fireplace to create a different source of heat. You could even make an old school wood stove and get your warmth and your cooking from that.

We are only dependent on oil as far as we think and act like we are. There are many solutions to this addiction. Many parts of Europe have dealt with it. The problem here in North America is that our geographical layout almost necessitates the utilization of motorized transport.

And yes, many of the socialized systems we have are excellent! I just wish we could get tutition and other medical coverage systems. Or maybe force all businesses to provide comprehensive health and dental plans for any and all workers! That'd be pretty sweet!

That's all fine and dandy, but do you know what it costs the environment ( and us) to maintain a hybrid?
I hear disposal of those batteries isn't cheap.
As for business providing health and dental, business is taxed enough in Canada, take me word for it ( or don't), id the government with all the cash they like to "burn" can't do it, how can business that has to keep the economy going ?

Shaolinlueb
09-19-2007, 11:56 AM
well pretty much saudi arabia controls the bulk of the oil today. so they can control prices. if corporations invested in russia to get their fuel. we wouldnt have to rely on arab oil.

shop at none arab oil places. HESS, BP are 2 to list.

Ben Gash
09-19-2007, 12:30 PM
Except people don't want to invest in Russia because Putin is nuts and everyone worries about being charged with made up offences and having their assets stripped from them :rolleyes:
Maybe if the middle east were more stable. I know, let's invade Iran and Syria simultaneously :D

WinterPalm
09-19-2007, 01:15 PM
That's all fine and dandy, but do you know what it costs the environment ( and us) to maintain a hybrid?
I hear disposal of those batteries isn't cheap.
As for business providing health and dental, business is taxed enough in Canada, take me word for it ( or don't), id the government with all the cash they like to "burn" can't do it, how can business that has to keep the economy going ?

I don't know about the cost of those vehicles but I do know that some of it is related to a lack of mass production which generally brings the prices down. I'm assuming the batteries are like any other.

I didn't really understand the second part. But I think that businesses should provide this basic coverage or everyone should get it on account of being a citizen. I'm sure businesses are taxed a lot. I think way more taxation for the uber rich and less government wasting of money. Those are two places to start...

However, riding a bicycle gets you in shape and doesn't pollute, nor does it cost a lot.

sanjuro_ronin
09-19-2007, 01:18 PM
The government gets revenue (taxes) from every employed person and even those on EI, they get it from businesses when they buy AND sell, they get it from the consumer when they but anything.
They have more revenue than anyone or any business sector.
What are they doing with it ??

RD'S Alias - 1A
09-19-2007, 01:45 PM
They are funding war.

I think the problem here is that oil is artificially high due to the tensions in the Mid east. Hopefully this means eventually things will calm, and prices will come back down to earth.

In the mean time, we are on the verge of a major economic squeez.

Give it another year, and we will see record home foreclosures.

My concern is that they values of these homes will be half of what they were when the loans were taken out, so recovery will be impossible.

Mas Judt
09-19-2007, 02:17 PM
On the other hand, it is creating opportunities for alternatives. While most alternatives are a crock, there a few good ones. I'm writing a business plan for a client in just that business, and I gotta say, their product is both useful and affordable. Gonna be interesting.

RD'S Alias - 1A
09-19-2007, 02:32 PM
Yes, that is a point I had not considered. I am actually waiting for them to combine the new cutting edge spray on solar collectors, with cars. I am excited about the idea of having a car powered by it's own paint.

WinterPalm
09-19-2007, 04:23 PM
The government workers are way too overpaid...they're the only people in the world that get to decide if they get a raise every year! Who would say no?

RD'S Alias - 1A
09-19-2007, 05:46 PM
well pretty much saudi arabia controls the bulk of the oil today. so they can control prices.

Reply]
Totally un true. There is oil flowing from all over. All of it is sold on the futures markets in 1000 barrel increments. even you can buy, or sell there if you had some to sell.

Merryprankster
09-19-2007, 05:59 PM
well pretty much saudi arabia controls the bulk of the oil today. so they can control prices. if corporations invested in russia to get their fuel. we wouldnt have to rely on arab oil.


EXTREMELY untrue as RD pointed out. To go even one step further, their excess production capacity is pretty much tapped out. That's one reason why Iran is feeling its oats right now.

I don't think oil prices are artificially high. I think it's a long term thing brought about by increased demand in the far east. Oil prices aren't dropping significantly any time soon, IMO.

Finally, government workers are not overpaid, thanks. I manage 23 people, and will soon manage over 60. For that, I get less pay than a comparable job in the private sector. My wife is an attorney and makes less that she would in the private sector.

You can find the pay scale laying around pretty much anywhere for the civil service - you'll find the pay is reasonable and if a touch lower, then certainly comparable. The people "voting themselves pay raises," are elected officials, not government workers.

WinterPalm
09-20-2007, 12:15 PM
EXTREMELY untrue as RD pointed out. To go even one step further, their excess production capacity is pretty much tapped out. That's one reason why Iran is feeling its oats right now.

I don't think oil prices are artificially high. I think it's a long term thing brought about by increased demand in the far east. Oil prices aren't dropping significantly any time soon, IMO.

Finally, government workers are not overpaid, thanks. I manage 23 people, and will soon manage over 60. For that, I get less pay than a comparable job in the private sector. My wife is an attorney and makes less that she would in the private sector.

You can find the pay scale laying around pretty much anywhere for the civil service - you'll find the pay is reasonable and if a touch lower, then certainly comparable. The people "voting themselves pay raises," are elected officials, not government workers.

Ok then, elected officials...my bad.;)

Merryprankster
09-20-2007, 06:54 PM
Fair enough. Sorry to sound so defensive about it. I didn't mean to come off quite like that. Oops.

WinterPalm
09-21-2007, 09:05 AM
Fair enough. Sorry to sound so defensive about it. I didn't mean to come off quite like that. Oops.

No problem. I can understand the confusion. We've discussed things on here before and I know you are quite educated and with education comes specificity in terms and definitions...sometimes I get lazy.

RD'S Alias - 1A
09-21-2007, 09:30 AM
I think Crude Oil may come down a bit next week, before it's next run up anyway. When the correction bottoms, I am thinking about buying some out of the money calls in either Dec, or Feb.

Shaolin Wookie
09-22-2007, 01:57 AM
The government workers are way too overpaid...they're the only people in the world that get to decide if they get a raise every year! Who would say no?

I'm a government worker, and I don't get that option. But then again, I get paid to study for grad school 12 hours each day of the weekend, post on this forum, and answer about 6-7 phone calls. LOL. Then again, I work 40 + hours in a dingy warehouse M-F, so I deserve it.