OIL

[cja7928]

Excerpt from article about bush's speach today:

"The president did not unveil any new proposals during his speech, nor even hint whether he believes any are necessary.

Instead, he called on the Democratic-controlled Congress to pass long-sought existing priorities of his, such as making tax cuts passed during his presidency permanent and allowing expanded oil exploration in the United States."

Git-er-done

[Rob]

read the book called " energy non- crisis" . it will explain alot about oil and its prices..... and why we cant drill more here in the U.S.

[rdc]

Originally Posted by Rwalker

read the book called " energy non- crisis" . it will explain alot about oil and its prices..... and why we cant drill more here in the U.S.

Can you synopsise, give us the Readers Digest version?

[Banshee34]

Originally Posted by rdc

Can you synopsise, give us the Readers Digest version?

Yes... please ... Rob!

[Rob]

it basicly tells us that these prices of today were thought of around 25 years ago. the world bank has forgave some of the debt owed to us by third world countries and in turn we get to pay it back via fuel taxation. also, we arent allowed to put any of the alaskan oil into this country because of a contract deal between us and the oil producing countires that was made 25 years ago, meaning that if we continue to buy their oil, then they will take a percentage of that money we give them, and buy our national debt, but if we use our own oil then those countries that sell us oil wont be liable to buy our debt. supposedly our Gov't's hands are tied and have to do this to live up to their end of the contract. i urge you to watch the videos on you tube. all your gonna lose out on is about an hour and a half. it is a good lecture and im not one for lectures.

[IllinoisFarmer]

Crude was up almost $10 today to $137

[Mike6176]

Originally Posted by Rwalker

it basicly tells us that these prices of today were thought of around 25 years ago. the world bank has forgave some of the debt owed to us by third world countries and in turn we get to pay it back via fuel taxation. also, we arent allowed to put any of the alaskan oil into this country because of a contract deal between us and the oil producing countires that was made 25 years ago, meaning that if we continue to buy their oil, then they will take a percentage of that money we give them, and buy our national debt, but if we use our own oil then those countries that sell us oil wont be liable to buy our debt. supposedly our Gov't's hands are tied and have to do this to live up to their end of the contract. i urge you to watch the videos on you tube. all your gonna lose out on is about an hour and a half. it is a good lecture and im not one for lectures.

I'll second watching the lectures on You-Tube. It was quite interesting. Even if you don't fully believe it, it makes a great conversation starter.

Here is the link to the first part.... YouTube - Lindsey Williams - The Energy Non-Crisis - Part 1 of 8

[Rob]

the videos also say that it isnt the oil companies that are making oil prices so high, it is (a) the collapsing dollar, and (b) the people who sit behind the computers at the New York Stock Exchange and the London Stock Exchange.

[Mike6176]

Originally Posted by Rwalker

the videos also say that it isnt the oil companies that are making oil prices so high, it is (a) the collapsing dollar, and (b) the people who sit behind the computers at the New York Stock Exchange and the London Stock Exchange.

Don't forget the World Bank and the real reason we went to war with Iraq and could possibly go with Iran.

[Rob]

yup. it is burnt into my mind now..... everyone should watch these videos...... its quite a shock to know what is really going on in our beloved Govt.