Thread: Oil Slick Stuff

Originally Posted by Bullishreturn

Yep-

If I end up buying your "7-11" gas at the 7-11 on the west side of MacAuthur, I'll even throw in a donut (that 7-11 has a nice Krispy Kreme rack just north of the center checkout area).

Now you're talkin, Cream filled...hell, let's just do it before I win the bet...

Say Tuesday at about 11:05..I never had a donut lunch...Hell with that, there is a greasy spoon just East on sw29 and Meridian that serves a great hoe cooked lunch.

Originally Posted by Buster

Now you're talkin, Cream filled...hell, let's just do it before I win the bet...

Say Tuesday at about 11:05..I never had a donut lunch...Hell with that, there is a greasy spoon just East on sw29 and Meridian that serves a great hoe cooked lunch.

um.....i do hope you meant home-cooked...

(but seeing how it's buster...maybe not)

Originally Posted by luv2read

um.....i do hope you meant home-cooked...

(but seeing how it's buster...maybe not)

What!?..me?..comepletely a typo................

did nnuutt see that oil was over $128/bbl?

Originally Posted by Asylum

did nnuutt see that oil was over $128/bbl?

Just about at it's peak now..huh?

Originally Posted by Asylum

did nnuutt see that oil was over $128/bbl?

I saw THAT!!!!!! I think it should be headed down soon, was counting the dollar to help but that hasn't happened. There is hope, people are raising hell and they are ignoring them, sooner or later they will listen. THERE IS NO SHORTAGE OF OIL! It's NOT the increased demand in CHINA or INDIA!!! IT'S GREED!!!!! Attachment 3898

definitely right Norm.

Bush says Saudi oil increase 'doesn't solve our problem'

• President Bush in Sharm El-Sheik, Egypt, on tour of Mideast
  Saudi Arabia responded to Bush request to increase oil supply with modest hike
  Criticism in Egypt, Saudi Arabia media of Bush tilting too far toward Israel
  Bush did not meet with Palestinians on this trip but spent two days in Israel
• SHARM EL-SHEIK, Egypt (AP) -- President Bush said Saturday that the Saudis' modest increase in oil production "doesn't solve our problem," and that the United States must act itself to help bring down soaring gas prices.

President Bush, right, met with Afghanistan leader Hamid Karzai in Sharm El-Sheik, Egypt.
"We've got to do more at home," the president said on the lush lawn of a resort overlooking the Red Sea in Sharm El-Sheik, Egypt.
Speaking after a private meeting with Afghanistan President Hamid Karzai, he mentioned moves that have long been part of his agenda but stymied in Congress, such as developing alternate fuels, improving conservation and expanding domestic exploration.
Bush said he told Saudi King Abdullah during talks Friday that the kingdom should be concerned that high energy prices are hurting some of its biggest customers, including the United States.
He asked Abdullah for an injection of oil supply to help ease the pain. "High energy prices are going to cause countries like mine to accelerate our move to alternative energy," he said he told the king.
But Saudi oil minister Ali al-Naimi said Friday it had decided a week before Bush's visit to raise production by 300,000 barrels a day to 9.45 million barrels a day and didn't see any need to do more. Energy analysts called the boost a token -- it represents just 3 percent of the total -- and it was seen as a rebuff, if a gentle one, of Bush by Abdullah.
Still, the president steered clear of criticism of the Saudis. He noted they are increasing refining capacity as well as pumping more oil.[more]
http://www.cnn.com/2008/POLITICS/05/....ap/index.html

These things stand out to me:

Bush says Saudi oil increase 'doesn't solve our problem'

• SHARM EL-SHEIK, Egypt (AP) -- President Bush said Saturday that the Saudis' modest increase in oil production "doesn't solve our problem," and that the United States must act itself to help bring down soaring gas prices.

Supply and demand isn't driving the market or prices...speculators are. The only way to lower prices is through price caps in the US, but big oil is too powerful to allow that to happen.

"We've got to do more at home," the president said on the lush lawn of a resort overlooking the Red Sea in Sharm El-Sheik, Egypt.
Speaking after a private meeting with Afghanistan President Hamid Karzai, he mentioned moves that have long been part of his agenda but stymied in Congress, such as developing alternate fuels, improving conservation and expanding domestic exploration.

We can't drill our way out of this. Again, it's not supply and demand driving it. Big oil wants $200 oil and they will get it.

Bush said he told Saudi King Abdullah during talks Friday that the kingdom should be concerned that high energy prices are hurting some of its biggest customers, including the United States.
He asked Abdullah for an injection of oil supply to help ease the pain. "High energy prices are going to cause countries like mine to accelerate our move to alternative energy," he said he told the king.

LMAO! Is that a veiled threat? Sounds like it's high time we developed alternative energy. Let the Saudis and other OPEC countries drill and pump themselves dry supplying the rest of the world. We need to develop alternative energy and sit on our oil reserves for a rainy day.

But Saudi oil minister Ali al-Naimi said Friday it had decided a week before Bush's visit to raise production by 300,000 barrels a day to 9.45 million barrels a day and didn't see any need to do more.

The saudis are right...it's not about supply and demand. They don't want to glut the market. They're meeting demand now, why pump more? They could get greedy...but they won't.

Still, the president steered clear of criticism of the Saudis. He noted they are increasing refining capacity as well as pumping more oil.

I find this alarming in light of the fact that US refineries have been shut down during the past 8 years, no new ones have been built nor are there plans to do so, and the ones that are re-tooling are gearing up to produce more diesel, not gasoline. We'll be paying higher prices for imported gasoline, folks - not just imported oil.[/quote]

This one is doing SOMETHING!!
GARYVILLE REFINERY EXPANSION


Marathon's estimated $3.2 billion Garyville, Louisiana, refinery expansion project will increase the crude oil refining capacity by 180,000 barrels per day. Completed in 1976, the Garyville refinery is the last grassroots refinery constructed in the United States and has consistently been ranked as one of the most efficient refineries in the nation.
The Garyville expansion is an example of Marathon's commitment to making superior investment decisions for shareholders, while building energy infrastructure that will supply the growing needs of U.S. consumers. The expansion will provide an additional 7.5 million gallons of clean transportation fuels to the market each day.
In addition to adding substantial supply to the nation's marketplace, the expansion investment will also provide significant benefits to St. John the Baptist Parish and Louisiana. It is anticipated that the completed expansion will add approximately 75 to 80 new full-time contract employees and approximately 200 new full-time employees.
The construction phase will require an average of 2,000 workers, with up to 4,000 workers at peak period. Startup of the refinery is expected for the fourth quarter of 2009. http://www.marathon.com/News/Feature...ery_Expansion/

And this!!!

Shell unveils plans for 'biggest refinery in US'
Apr 28 11:03 AM US/Eastern



http://www.breitbart.com/article.php...show_article=1