 | DrumBeat: June 21, 2008 | The Oil Drum | Dr Richard Pike: on proved reserves, peak oil and carbon dioxide |  |
116 comments on Peak Oil Media: Hirsch, Simmons, House Dem(s?) on Nationalizing Refineries, Klare, O'Reilly, and Gas is F*-ing Expensive
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116 comments on Peak Oil Media: Hirsch, Simmons, House Dem(s?) on Nationalizing Refineries, Klare, O'Reilly, and Gas is F*-ing Expensive
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Oops, I know, you warned me. Sorry about the mess.
(More regulation? He really wants that? Wasn't he supposed to be opposed to big(ger) government?)
O'Reilly actually got it half right. It's the half wrong that ruins it for his theory.
We are at grave risk, though the speculators are not the ones to blame; they're only going to where the safe money is.
Refiners have been playing us for chumps, with far too much 'downtime'. OPEC has been holding back, but they have little rope by which to bail us out with.
Giant but ultimately tired fields will chart our descent into the twilight. Those who prepare now will stumble the least in the dark.
the truth about the oil price is insider trading called the enron loop hole our politicians have built on this.
see the report http://www.thepetitionsite.com/1/this-is-an-sos-to-the-american-votersou...
Truly appalling writing. How can you provide a link to something that appears to have one error per sentence? Even if the message was true and accurate!
Here is a link to the youTube video from the item linked above. Speaking for myself, I consider myself well read and comprehensively versed in energy matters. I also saw the mordant documentary "Enron: The Smartest Guys in the Room". Why is this Enron Loophole new to me?
The Enron Loophole - legalized insider futures trading (McCain and cronies look sooooo complicit) : http://www.youtube.com/watch?v=2DXKvzvXAKg
Edit: I really like the suggestion below to suspend the futures market (for oil) for a month or two - this would very quickly establish if speculation contributes in any significant way to the current price of oil. Prove that the politicians, main-stream-media and O'Reilly are all FOS (full of excrement).