Post by John Post by Capri Post by John Post by Justin Case Post by Black Elk Post by Simpson
No way in hell the oil companies will continue to eat the increase in
the price of oil for someone who is not one of their own.
Prices will in all likelihood come down when the oil corporations are no
longer in charge of the WH.
I'm not so sure. �They played the game from the inside for a while.
Maybe a change-up is in the works?
Maybe more money can be scared up by playing as "outsiders" for
a while? �We live in an age where mere rumors can make millions
on oil futures.
I know it's useless to lecture those witting in the back of the classroom
but speculators are driving up the price of oil; that and ME countries
starting to trade in Euros rather than US dollars.
which means in simple terms, if they trade in euro's instead of dollars then
we pay the real price of Bush putting the dollar in the dumper, the price of
gas in the US goes up 50%, at least
Think before you post!
In the unlikely event that the world market should change their
oil trading from dollars to euros, �the VALUE of the oil would remain
same. It would not all of a sudden be worth 40-50% more. The
people countries that deal in euros are paying for it by the $/bl
A $100 barrel of of oil would not all of a sudden
become a 100 eruro barrel of oil. If it did, no doubt it would
make you jokers happy that the USA was getting slammed but
the people who already deal in EUROS would get hit just as hard if
Splitting hairs - you are correct just because of the change of standard
does not automatically = 50% increase.
BUT if oil is traded in Euros it is not just the price of oil that matters
but the exchange rate does also - that is the part that is left out of the
equation as long as oil is traded in dollars.
the exchange rate is 1=1 than and oil is 100 euros then the US pays $100 �/
If the dollar continues its fall but oil remains the same - the price will
continued to go up in the USA. �The weaker the dollar, the more oil
inflation there will be, which will maker the dollar weaker still, etc.
Add on top of that, if oil keeps going up and the dollar keeps going down,
the price of gas will get real expensive real fast.
Bush and he republicans have fucked us good.......- Hide quoted text -
- Show quoted text -
Maybe Obama will invade Canada and Mexico so we can steal their oil.
That would be better than invading Iran and Saudi Arabia. Besides,
It's closer to the US and the troops could get home more often to see
Of course, Obama would have to get the approval from Israel. since the
US has an agreement with Israel to provide them with all the oil they
will ever want to satisfy their needs. In fact, we already invaded
Iraq so we could supply them with oil from there. They may not like
the idea of having to wait for our oil tankers to deliver oil from the
Don't piss the Jewish lobby off ---- or else....oy vay!
Mexico would be ideal. There are lots of whore houses in Mexico and
the GIs could at least get laid once in a while. And marijuana is
available in every bar in Mexico... so why not at least hit Mexico?
See why we invaded Iraq:
Kirkuk to Haifa Pipeline: Reason for the War?
In 2003, Bush invaded Iraq, partly to topple Saddam Hussein, partly to
revive the pipeline to Haifa
US discusses plan to pump fuel to its regional ally and solve energy
headache at a stroke Ed Vuillamy in Washington Sunday April 20, 2003
By Steven Scheer
LONDON (Reuters) - Israeli Finance Minister Benjamin Netanyahu said he
expected an oil pipeline from Iraq to Israel to be reopened in the
near future after being closed when Israel became a state in 1948.
"It won't be long when you will see Iraqi oil flowing to Haifa," the
port city in northern Israel, Netanyahu told a group of British
investors, declining to give a timetable.
"It is just a matter of time until the pipeline is reconstituted and
Iraqi oil will flow to the Mediterranean."
Netanyahu later told Reuters the government was in the early stages of
looking into the possibility of reopening the pipeline, which during
the British Mandate sent oil from Mosul to Haifa via Jordan.
"It's not a pipe-dream," Netanyahu said.
Plans to build a pipeline to siphon oil from newly conquered Iraq to
Israel are being discussed between Washington, Tel Aviv and potential
future government figures in Baghdad.The plan envisages the
reconstruction of an old pipeline, inactive since the end of the
British mandate in Palestine in 1948, when the flow from Iraq's
northern oilfields to Palestine was re-directed to Syria.
Sunday, November 4, 2007
Iraqi invasion: oil perspective
The British built the Kirkuk-to-Haifa pipeline in 1927. In 1934, they
completed a 12-inch pipeline from the Kirkuk fields to Al-Haditha on
the Euphrates River. At that point the pipeline forked. One branch
went through Syria to Tripoli (Lebanon). The other went across Jordan
to Haifa. The British built refineries at both Tripoli and Haifa to
handle this Iraq oil. (In World War II, Germany wanted to get control
of this oil.)
In 1945 the British added a parallel 16-inch pipeline in Syria.
When Jews started to invade Palestine in 1945, Syria shut down its
branch to Tripoli. Iraq shut down all oil from from Kirkuk to Haifa.
At that point, most of northern Iraq's oil went to the Turkish port
city of Gihan, which was OK with the US, since Turkey was a US ally
against the USSR. Turkey collect transit fees for this oil.
In 1947 the British oil refinery at Haifa still handled trickle of oil
from miscellaneous areas, and still employed some 1,700 Arab workers,
plus 360 Jewish employees. The Arab and Jewish workers formed a union
to oppose British tyranny. Then Israel was created. Immediately Irgun
(commanded by Menachem Begin), the Hagana and other terrorist groups
moved in. Irgun had bombed the King David Hotel the year before, and
they started massacring Arabs in Haifa and elsewhere.
In 1952, western oil companies built two new lines through Syria to
Tripoli. The pipeline to Haifa was allowed to decay. Pieces of it were
dismantled. Various interests used the pieces to build water
In 2003, Bush invaded Iraq, partly to topple Saddam Hussein, partly to
revive the pipeline to Haifa (Kirkuk oil fields were said to contain
perhaps 40% of Iraq's oil), and partly to bring oil deals to his
personal friends, such as Ray L. Hunt. Small American oil companies
like Hunt Oil will extract Kurdish oil as soon as and if Mosul and
Kirkuk are broken off from Iraq (17 November 2007). Mosul is the first
stop for Kirkuk oil.
When the Haifa pipeline opens back up, only Jordan (not Israel) will
collect hefty transit fees. Kurdish oil will go to Europe via Israel,
not Turkey. This might be a reason why Turkey is threatening to
invade. The minute Bush invaded Iraq, the Turkish realized that the
pipeline to Haifa would be opened back up. Therefore Turkey tried to
make deals with Central Asian states (such as Azerbaijan) to get new
pipelines to Turkey, but now Iran and Russia have foiled Turkish plans
by forming the new alliance of Caspian Sea states. Turkey feels
squeezed. This is yet another reason why they are threatening to
invade northern Iraq.
Shortly after the 2003 invasion, Benyamin Netanyahu (the then Israeli
finance minister) boasted, "Soon you will see Iraqi oil flowing to
Haifa. It is just a matter of time until the pipeline is
reconstituted, and Iraqi oil will flow to the Mediterranean. It's not
a pipe dream."
Under a 1975 Memorandum of Understanding (MoU) the US guaranteed all
Israel's oil needs in the event of a crisis. This MoU is quietly
renewed every five years. It commits US taxpayers to maintain a
strategic US reserve for Israel, equivalent to $3 billion in 2002
dollars. Special legislation was enacted to exempt Israel from
restrictions on oil exports from the US. Moreover, the US government
agreed to divert oil from the US, even in case of oil shortages in the
US. The US government also guaranteed delivery of oil in US tankers if
commercial shippers become unable or unwilling to carry oil from the
US to Israel.
Israel-United States Memorandum of Understanding
(September 1, 1975)
Israel can wrench lot of oil from the region if the pipeline were used
again and Kurds were willing to sell the oil. It would also make Kurds
dependent on Israelis for oil revenues and thus give a greater
leverage to Israelis over Kurds of the region...
We are All Jews Now
Aidel gepotchket - Delicately brought up
Consider the present crisis in America and the rise of anti-
Americanism worldwide. "The US has become a Jewish state in more ways
than one. It has the same security checks, the same holocaust museums,
the same poverty for many and riches for a few as Israel
Azoy gait es! - That's how it goes!
L'Shalom...L'hitraot -- good-bye; `see you later'.