My very bizarre and unfounded theory on the price rise of oil...

[Javaman]

might as well put one of these on for the hell of it...:tinfoilhat:

the powers that be* know fully well that a Dem will be in power next year, and more than likely, the price of oil will dip somewhat. Not a lot, peak oil and all that, but enough to effect their outgoing profits. so they are artificially inflating the price to astronomical numbers to cover their "expenses".

aka make as much money as they can now because when a Dem gets in the gravy train is over.

[gatorboy]

1. Repubs generally make it a rule to break shit for Dems to fix later.

[doublep]

2. oil companies are always trying to make as much as they can

where its a Clinton or a Bush or a whoever in office.

[lonestarnot]

3. I don't need one of those hats for truth.

[kimmerspixelated]

4. I hardly think it is bazarre!

My God, When 2 oilmen invade the WH , backed by other oil buddies, and everything they do is revolving around oil(IRAQ), it's hard not to put two and two together!

You are a master at archery!

[muriel_volestrangler]

5. Think globally

Yes, the US may consume a quarter of the earth's oil, but there is more to the market than the US and its politics.

[aint_no_life_nowhere]

6. I think the speculators are killing us

The information technology bubble of the late 1990s burst and the investors began putting their money into houses where the prices went crazy. That burst and now they're dumping their money into oil futures. I wish there were some way to stop it but I guess that's just a result of our system. If it wasn't oil, it would be something else that they'd be screwing up for the rest of us.

[NMDemDist2]

9. it already is 'something else' -- have you checked food commodity prices lately?

food riots all over the world as corn, wheat, rice, soybeans and cooking oil are all heading through the roof.

:cry:

[lonestarnot]

14. And oil is what? a commodity?

[NMDemDist2]

16. yes sure it is n/t

[PetrusMonsFormicarum]

7. Where is Cheney's energy policy?

Still locked behind closed doors, eight years later. I think it's composed of just three words:

EVERY LAST PENNY!

[Doctor Cynic]

8. You honestly think that Obama can somehow open up a million oil wells immediately?

Cheap oil is over.

Those who control the oil have the most to lose.

[Javaman]

11. Where did I say that?

I just said the price was a little overblown. And I did mention peak oil.

jeez, way to go from 0 to 60 in nothing flat.

[cliss]

10. Some other rumours ~

1. Rumour: I read on another site that Saudi Arabia is angry with the U.S. It seems that they are pissed about the SUNNIS in Iraq getting killed and blown up. They are angry enough to start cutting us off, so to speak, and thereby strangle us financially. Seems that there is some bad blood on this account.

2. Rumour: I've heard of this thing called Peak Oil. The proponents believe that oil is going to start running out. In fact, it peaked in 2005. Now this is not all oil on earth. It's just the good stuff: Light, Sweet Crude which is close to the surface and cheap to produce. Our economy was built on the stuff: cheap, and lots of it.

3. Rumour: Some people feel that Bush & Cheney are the cause of oil spiking. They are best friends with the oil companies (being oil men themselves). They got together and decided to strangle the US economy and make as much money as they could. I highly doubt this. If anything, they have been trying to get more oil. The end of oil spells doom for the Repubs, and also the Bush administration.

4. Another rumour: I've heard that by the Fall, the oil companies will lower the price of oil to help the Repubs get re-elected. And hurt the Dems. But if # 2 is true, then there's nothing they can do. Somehow I believe that's the case.

[Javaman]

12. and what part of bizarre and unfounded theory of mine didn't I make clear? nt

[poppysgal]

17. a rumor I heard

was that the reason corn prices have spiked is because oil companies are buying it and stockpiling it to raise the costs of producing ethanol, this is just a rumor I heard.:shrug:

[leftofthedial]

13. the gravy train is over the instant king george leaves the white house.

it will be interesting to see just how corporate the next "president" will be--EXTREMELY corporate is my guess, but no one could ever be more of an oil bidniz toady than george the lesser.

[lonestarnot]

15. And even King George Bushitler can't do shit about running out. His gravy train grab will get him

and 6 of his fucking generations by if all they have to depend upon is money.

[madokie]

18. I know a man who owned several apparel stores and when he purchased a line of garments

that wouldn't sell he would take them to the back and wait a couple weeks and then put them back out with grossly inflated prices that he was now selling for half price. He says it never failed him once to move it all that way. Kinda' like what you're saying about the oily bastards.