Comments on: Oil Prices Keep Dropping On Demand Worries

Continuing Slide Has Gasoline Prices Down As Well; Dollar Makes Slight Gain Against Euro

[shanev137]

you an oil expert?

Posted by jamesm12341 at 12:59 PM : Aug 05, 2008


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No, I just have common sense....as you apparently don''t.

[lochlan-2009]

Just wait till the technology is perfected to run a car on water and then watch big oil drop it''''s drawers.

Posted by Consciousnes

We''re already there with electric car. Been there for a decade. 1.6 cents per mile or a full charge for $5. Why do you think the oil men stole the White house and changed the law in California that required 10% of cars by 2003 to be LEV, then invaded Iraq and pipeline Afghanistan, pumping the price of oil through the roof, all while pushing money (American corporations) into and creating a demand in Chindia.

[consciousnes]

Americans are not stupid, when they are being held hostage by something like big oil, they will find a way around it. Just wait till the technology is perfected to run a car on water and then watch big oil drop it''s drawers.

[ioweign]

Demand worries....what a freaken joke.

Less than a month ago it almost hit $150 on demand worries. Yea, always remember folks that it''''''''s common for global oil demand to fluctuate 30 to 40% from month-to month....because it''''''''s always done that. hahahah

Posted by shanev137 at 12:58 PM : Aug 05, 2008

you an oil expert?

Posted by jamesm12341 at 12:59 PM : Aug 05, 2008


Just as much as the top two in the Executive Branch...

[lochlan-2009]

Thank you Democratic controlled congress, for passing the two bills halting speculation on oil markets, and the housing bill, which will allow Bernanke to start raising interest rates, which will increase the value of the dollar, which will decrease the value of the comodities market.

Bring on the oil company windfall tax again, Obama, that the GOP in congress denied before the recess.

[shanev137]

Demand worries....what a freaken joke.

Less than a month ago it almost hit $150 on demand worries. Yea, always remember folks that it''s common for global oil demand to fluctuate 30 to 40% from month-to month....because it''s always done that. hahahah

[harp1963]

Who cares. Charge us 20 dollars a gallon and shut the whole economy down.

[brianp55]

Now the oil execs will come forward in unison and claim that they no longer have any incentive to drill. Watch for refineries to be taken off-line for "routine maintenance".

[ohohoh1]

Because michigan BLOWS

[hunterdon6]

The price of oil is going down, why is the cost of gas still going up? at least in Michigan.

[nolalou]

McCain wants offshore drilling (which he opposed only months ago, but I don''t hear anyone calling him a flip-flopper!) Obama was ridiculed for saying ''if all Americans inflated their tires properly and took their cars for regular tune-ups, they could save as much oil as new offshore drilling would produce."

By the Bush administrations own estimates , expanded offshore drilling would meet about 1% of our demand, decades from now when it''s at full production! Turns out Obama is right, conservation , keeping our cars tuned up for example, would save more, and would take effect right away, not 10 years from now!

The only solution Republicans seem to understand are the ones that enrich their oil company buddies!

[perceptions5]

All Americans can thank the new breed of "Liberal Fascists" that control our 110th Do Nothing Democrat Congress for all the pain and suffering their having.

Folks don''t HOPE for cheaper energy prices.......

VOTE for cheaper energy prices.

VOTE REPUBLICAN..........McCain / Romney......2008

[lochlan-2009]

Thank you Democratic controlled congress for passing the two bills halting speculation on oil markets, and the housing bill which will allow Bernanke to start raising interest rates, which will increase the value of the dollar, which will decrease the value of the comodities market.

Bring on the oil company windfall tax again, Obama, that the GOP congress denied before the recess.

[tawpdawg111]

Can I get a HARUMPH? ----------------------------------------
-------------- Posted by Tawpdawg111

Hey, I didnt get a HARUMPH from that guy...

You there...give the Governor an HARUMPH!
-----------------------Posted by DaVicar2 at 11:29 AM : Aug 05, 2008

You watch yer AZZZZ! : )

[ddaryl1]

You see... a plan of curbing our consumption and using more alternative energies wil drop the price of oil faster then any offshore drilling.

Now I agree we need to remove our dependance on foriegn oil, but 1st I expect oil companies to tap every existing lease they have 1st. This is common sense. If we can not depend on the oil companies ot use existing leases then it is easy to see they are only posturing for a big time land grab.

2nd if there is any offshore drilling it better come with regulation that funnels significant revenue from the offshore drilling sites into alternative energy investments, and we won''''t be trusting the oil companies to do the investing.

Offshore lands belong to the USA... and it is imparitive that we get paid well for those leases and use all of that money to fund alterantive energy infrastrucutre... IT IS A MUST !!!!!!!!!!

[missingamerica]

terrorislamv -

You kinda give yourself away when you only have two primary themes: Maintain a presence in the oil-producing lands in the Middle East, and drill, drill, drill here here in America now.

If you are not careful, you will lead CBS'' readers to suspect both that you a shill for the oil industry and that oil really is why we are in Iraq.

Assuming they are not fairly certain already.

[missingamerica]

"Also on Monday, Iran announced that it has tested a new weapon capable of sinking ships nearly 200 miles away..."

Gee...wonder how many of the circuit boards in those missiles were developed with components manufactured in whatever nation we in America offshored their product to...

[skyk-2009]

For those who think that their "new word" neo-con is cool to blame everything on.....

"neoconservatives - liberals who have moved to the right"

At least you are insulting only your own that are finally waking up and not the core who have always known that if you are not right you will be left.


Posted by checkthepast at 11:13 AM : Aug 05, 2008

It is embarrassing to see people with so little knowledge posting. This one is REALLY a first grader in education though! LOL Neocon MEANS Neo-Conservative. That means they aren''t just Conservative but have moved so far to the RIGHT that they are Now Radical Conservatives! If you don''t have a dictionary go to your local school and ask to borrow one. If you can''t understand the words have a student read and explain it to you!! No wonder we are living through the WORST in our History!!

[skyk-2009]

Folks I believe the Democrats were right again. I think this price thing was pure speculation and the falling price shows it. If we learn to drive less, use less oil, make car''s that need less oil, and create OTHER sources of energy, we can break the need of Oil completely. The thing is we can not expect the Party of Big Oil to lead us there that''s for sure.

[talkingham]

The absurdly high price of oil in the face of dropping demand clearly points out how this has been contrived to take Iraq away as the primary issue of the 08 campaign.

Instead of the multi-trillion dollar Iraq debacle the debate is now shifted to I can''t afford to drive my stupid SUV at 80mph all the time now. Another neocon manipulation of the political process at its worst!