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09-15-2008, 01:28 AM
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#1
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2007 Member of the Year
Join Date: Oct 2004
Location: Seabrook, TX
Posts: 14,281
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And OPEC finally begins to crumble.
Or at least gets some internal tension
http://blogs.moneycentral.msn.com/to...aspx?GT1=33009
Hopefully this is true, and if so the Saudi's intentions are as good as they seem...
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WF=DF
Kommandant of the ACL (Anti Canadian League)
Quote:
Originally Posted by LTb1ow
Junk the pos, spend the money on beer, acquire headache.
Same result cept this headache doesnt last months.
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Last edited by Savage_Messiah; 09-15-2008 at 02:10 AM.
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09-15-2008, 02:09 AM
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#2
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NJFBOA Co-Founder
Join Date: Jul 2004
Location: All up in your kool aid!
Posts: 12,235
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There has been a lot of talk about this lately. I like the idea, but at the same time I noticed that all of this has started to surface in the last 3 months, which happens to exactly coincide with the time frame in which both presidential candidates made statements supporting the US releasing reserves and doing more drilling.
Do you think they will be just as serious about change after the next president is in office and nothing happens right away?
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09-15-2008, 07:15 AM
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#3
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Join Date: Dec 2005
Location: Mays Landing, NJ
Posts: 7,108
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Quote:
Originally Posted by NJSPEEDER
Do you think they will be just as serious about change after the next president is in office and nothing happens right away?
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Nope, but if McCain gets in I doubt he'll let the drilling/reserve releasing issue die. I just hope a brain dead Congress listens.
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2010 Infiniti G37x-Moonlight White w/Graphite interior. Stock...for now. Xpel XR Black tint(hey it's a mod lol)
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09-15-2008, 02:15 PM
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#4
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NJFBOA Co-Founder
Join Date: Jul 2004
Location: All up in your kool aid!
Posts: 12,235
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The congress has been blocking drilling since the gas crisis of the 70's, I have trouble believing they will all pull a 180 now. Although, the longer term outlook is that if they don't wake up many of them will get voted out and our average congressman's age will dip back below the 100 year old mark. We can get back to the good ol' days when the country was run by 65 year old a-holes. lol
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09-15-2008, 02:58 PM
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#5
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Join Date: Apr 2005
Posts: 2,308
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Quote:
Originally Posted by NJSPEEDER
The congress has been blocking drilling since the gas crisis of the 70's, I have trouble believing they will all pull a 180 now.
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Actually, in 1995 the House and Senate approved drilling in ANWR but it was vetoed by Clinton.
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John
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09-15-2008, 03:16 PM
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#6
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Join Date: Aug 2008
Location: Bergen County
Posts: 290
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I think they(OPEC) are all full of ****.  Iran wants to and will eventually come to conflict with the USA. As for Chavez, he wants to be like Castro, but lacks Castro's smarts. He keeps saying he will shut oil sales to the USA, but who else is going to buy his oil when we are the only ones buying 90% of it now? 
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Drive it like you STOLE it.....
Last edited by Tru2Chevy; 09-16-2008 at 10:18 AM.
Reason: Trying to get around the word filter
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09-15-2008, 04:06 PM
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#7
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Join Date: Dec 2004
Location: Galloway, NJ
Posts: 3,964
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Quote:
Originally Posted by Wolfgang427
who else is going to buy his oil when we are the only ones buying 90% of it now? |
China or India. they are consuming oil at an alarming rate, yet people seems to always forget about that little info.
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1996 Camaro C/S - 2/3 Corvette Engine
Quote:
Originally Posted by BigAls87Z28
Uh yeah, after they surprized buttsecks us at Pearl Harbor?
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Last edited by Blacdout96; 09-15-2008 at 04:06 PM.
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09-15-2008, 04:25 PM
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#8
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13 Second Club
Join Date: Oct 2004
Location: Netcong, NJ
Posts: 5,799
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Quote:
Originally Posted by Blacdout96
China or India. they are consuming oil at an alarming rate, yet people seems to always forget about that little info.
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Since when do bicycles and palanquins require oil? 
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2019 Toyota Tacoma TRD Pro ... M6, Voodoo Blue Fun Machine
1987 Pontiac Trans Am ... 305 TPI, T5, Project Car
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09-15-2008, 05:19 PM
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#9
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Join Date: Jan 2008
Location: West Milford/Villanova
Posts: 1,044
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It will be interseting to see how this works out.
If it does dissolve, will the countries try to under cut each other prices? Or will they follow the market instead of trying to create the market?
Tons of questions come to mind I can't even answer.
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1992 Camaro RS 305 TBI,- Off the road, awaiting rebuild
2004 GMC Sierra- Current Daily Driver.
Last edited by cdacda13; 09-15-2008 at 05:19 PM.
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