TheMadCap Posted May 16, 2011 Share Posted May 16, 2011 so did the investigation turn up any answers on this yet? Link to comment Share on other sites More sharing options...
pBills Posted May 16, 2011 Share Posted May 16, 2011 so did the investigation turn up any answers on this yet? Link Link to comment Share on other sites More sharing options...
DC Tom Posted May 16, 2011 Share Posted May 16, 2011 –The average cost of producing 1 barrel of oil was $11; the average price of the oil in the marketplace–$72– some 6.5 times the cost of getting the oil out of the ground. [...] –These giant US companies have only 1.4% of global oil reserves And what does that tell us...? Link to comment Share on other sites More sharing options...
pBills Posted May 16, 2011 Share Posted May 16, 2011 (edited) And what does that tell us...? Hey I have no problem with US Oil Companies opening raising it's oil production. Fact of the matter is that market speculation is F'ing things over. Are you avoiding your earlier dumb statements? HAHAHA!! Edited May 16, 2011 by pBills Link to comment Share on other sites More sharing options...
3rdnlng Posted May 16, 2011 Share Posted May 16, 2011 Hey I have no problem with US Oil Companies opening raising it's oil production. Fact of the matter is that market speculation is F'ing things over. Are you avoiding your earlier dumb statements? HAHAHA!! This is an English speaking board. Speak it. Link to comment Share on other sites More sharing options...
pBills Posted May 16, 2011 Share Posted May 16, 2011 This is an English speaking board. Speak it. My bad... dick Link to comment Share on other sites More sharing options...
DC Tom Posted May 16, 2011 Share Posted May 16, 2011 My bad... dick TMI. Do oil workers have a union? Serious question... Link to comment Share on other sites More sharing options...
3rdnlng Posted May 16, 2011 Share Posted May 16, 2011 My bad... dick I'm sure you've been told that before. Link to comment Share on other sites More sharing options...
pBills Posted May 16, 2011 Share Posted May 16, 2011 I'm sure you've been told that before. So I made a mistake... so what? TMI. Do oil workers have a union? Serious question... Part of USW Link to comment Share on other sites More sharing options...
3rdnlng Posted May 16, 2011 Share Posted May 16, 2011 So I made a mistake... so what? Part of USW Do I have to end every joke or smartass crack with a HAHAHAHAHAHAHA so you will know that it is a joke or a smartass crack? You said you had a bad dick. I said I'm sure you've heard that before. HAHAHAHAHAHAHA! Link to comment Share on other sites More sharing options...
pBills Posted May 16, 2011 Share Posted May 16, 2011 Do I have to end every joke or smartass crack with a HAHAHAHAHAHAHA so you will know that it is a joke or a smartass crack? You said you had a bad dick. I said I'm sure you've heard that before. HAHAHAHAHAHAHA! yeah... good one Link to comment Share on other sites More sharing options...
TPS Posted May 17, 2011 Share Posted May 17, 2011 The dichotomy between financial traders and commercial: In spite of the decline, analysts and hedge fund managers remain generally bullish for energy commodities prices. JPMorgan, one of the four largest oil dealers on Wall Street, has raised its forecast for Brent oil to $130 for the third quarter of the year amid what the bank described as tight supply and demand fundamentals. But traders in the physical market think supply and demand fundamentals do not support crude prices above $100 a barrel, in spite of geopolitical problems in the Middle East. Pierre Lorinet, chief financial officer at Trafigura, the trading house, said on Monday that there was “an element of froth driven by investment money coming in” in oil markets FTimes Link to comment Share on other sites More sharing options...
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