379 comments on DrumBeat: July 2, 2008
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379 comments on DrumBeat: July 2, 2008
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Also Mexico seems to be having awful problems selling its oil.
It seem this year there was a huge drop in sales from Mexico.
It must be hard for the oil exporters these days. Still, at least they can get a good price for what they do sell.
I've previously discussed the Texas Railroad Commission's efforts to voluntarily restrict production for 36 years, because of our inability to find buyers for all of our oil, "Even our light/sweet oil." Oddly enough, based on the HL models, Saudi Arabia started having marketing problems at about the same stage of depletion at which buyers vanished for light/sweet Texas oil production. Go figure.
Seems to me they need to invest "heavily" in their marketing department or they are going to become unprofitable.
Perhaps they need to change their "branding" tactics. Let's see...how about hiring Oily Cassandra and KrisCan to do some ads for OPEC??
"Nothing comes between me and my heavy [heavy breath and pause]....sour [another deep, sexy breath]...crude!! I gotta have it...how about you?"
How about, "Real men talk crude"?
Nice...short...to the point. Nice sound bite.
Any other advice we can send to our friends in OPEC. I think also, OPEC needs to do a BP thing...you know "Beyond Petroleum" instead of British Petroleum (wow...flash...was BP way ahead of their time when they changed that?).
OPEC...new definition for acronym?
Oil Producers Eat Cake.
Oil Producers' Exhausted Capacity
Old Producers Extinction Council
Oh Please Enforce Conservation
Oil's Perilous Export Collapse
OPEC... new definitions? Try these suggestions:
optimists & pessimists evermore collide
over pampered elite conspiracy
oligarchical profiteers encouragement club
overseas puppets energy collaborators
overt procrastinators eagerly caterwaul
omnivorous predators erstwhile carnivores
If I may be so bold to add one more:
over producing ever contracting
Ha...all lovely entries. Thanks for playing. Shall we vote on a winner?
Overpopulation Problem Equals Contraction (Malthus was right.)
Only People Eat Carbon (Indirectly true...)
Oil? Petroleum? Energy? Coal! (Gonna switch someday...)
Oil Producing and Ever Consuming (ELM)
Oil Peaked, Everyone Concerned (MSM)
Oh Please, Everyone's Crazy (What the Saudi's are saying)
Over People's Exploding Corpses (What we went to Iraq for)
Outta Petrol, Experiencing Convusions (Our Economy)
Overly Pessimistic, Extremely Concerned (Kunstler)
AND FINALLY...
Only Pennies Every Cup (Matt Simmons)
Alright...the ratings have decided. Geckolizard gets to choose one of his above as the winner. I will select...umm...heck I like them all....well done!!
oil sales seem to be declining in all the major fields.