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  1. #301
    Veteran scott's Avatar
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    can you tell me why any company that makes billions in record profits deserves tax breaks?
    I can, but I doubt you'd listen so I won't spend the 5 minutes required to type it up.

  2. #302
    Look ma! I'm on Mars! RandomGuy's Avatar
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    I can, but I doubt you'd listen so I won't spend the 5 minutes required to type it up.

    If you would do that, I would read it. I can't vouch for agreement, but I do respect your opinion on such things.

    I would not think that oil companies need tax breaks, but do think the windfall tax is stupid idea.
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  3. #303
    Stomping on Laker haters Purple & Gold's Avatar
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    I can, but I doubt you'd listen so I won't spend the 5 minutes required to type it up.

  4. #304
    Veteran scott's Avatar
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    If you would do that, I would read it. I can't vouch for agreement, but I do respect your opinion on such things.

    I would not think that oil companies need tax breaks, but do think the windfall tax is stupid idea.
    In that case, look for a Super Scott Spectacular on Oil and Taxes. To be covered: tax "breaks", wildfall profit taxes, and gas tax holidays. Except where confronted with extreme stupidity of the idea, I'll try to provide the basis for why any of the above would be warranted.

    As to avoid getting lost in the shuffle of Clandestino bashing, I'll start a new thread (also meets the requirments of my one new thread ever quarter quota).

  5. #305
    JEBO TE! Clandestino's Avatar
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    the biggest crooks are the companies selling city water in a bottle!!! hahaha.. that shit cracks me up.
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  6. #306
    Look ma! I'm on Mars! RandomGuy's Avatar
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    the biggest crooks are the companies selling city water in a bottle!!! hahaha.. that shit cracks me up.
    I agree.

    What a freaking racket.

    one 16 ounce plastic bottle: $0.005
    16 ounces of tap water: $0.00005
    Watching suckers pay $1.29 for bottled tap water: Priceless.

  7. #307
    Veteran Wild Cobra's Avatar
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    I agree.

    What a freaking racket.

    one 16 ounce plastic bottle: $0.005
    16 ounces of tap water: $0.00005
    Watching suckers pay $1.29 for bottled tap water: Priceless.
    Especially here in Oregon, it doesn't make sense. We have some of the softest, cleanest tap water in the world. From Your Water Needs dot com:



    Not only is our ground water soft, the Portland metro area gets most of it's water directly from the mountain run-off.

    On top of that, I don't see how many reports where tap water is said to be safer and cleaner than bottled water in most cases.
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  8. #308
    Veteran Wild Cobra's Avatar
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    Here's another one:



    I gave up on finding the world maps I located years ago when I brewed beer. I used to have data on the contents of various mineral concentrations as well.

    With more detailed resolution in numbers, the Oregon area was the softed region in the USA and not many places compared in the world. Unless you specifically want mineral water, good 'ol Orogon Tap water is just fine. So clean the chlorine levels aren't even noticable due to the small abount needed.

  9. #309
    JEBO TE! Clandestino's Avatar
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    were getting close to busting this thread out again!!!

  10. #310
    I prefer not to Bartleby's Avatar
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    were getting close to busting this thread out again!!!
    Man, I sure hope so. I was scared shitless about the prospect of paying over $4/gallon for heating oil this winter.

  11. #311
    Veteran Wild Cobra's Avatar
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    were getting close to busting this thread out again!!!
    I don't think it will drop that low again, ever.

  12. #312
    Marilyn Rae Lover jochhejaam's Avatar
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    I don't think it will drop that low again, ever.
    I didn't think we'd ever see it dip below $3.00 a gallon again.
    Current prices in my town;
    http://www.toledogasprices.com/Perrysburg/index.aspx

  13. #313
    Look ma! I'm on Mars! RandomGuy's Avatar
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    It may very well drop to about $50, given a global recession.

    Even so, I predict it going up massively over the next 20 years. Sustained prices in the $200/bbl range at the end of that time is my best guess

  14. #314
    Look ma! I'm on Mars! RandomGuy's Avatar
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    It is creeping downwards...

    I see it breaking the $50/bbl mark during the US recession.

  15. #315
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    It is creeping downwards...

    I see it breaking the $50/bbl mark during the US recession.


    I was waiting for this thread to be bumped.

  16. #316
    THANK YOU BASED NEAL ClingingMars's Avatar
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    wow, this is an epic thread, well before my time.

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  17. #317
    Cogito Ergo Sum LnGrrrR's Avatar
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    It's below $50 a barrel because speculators overestimated summer demand and refineries stocked up.

    Gasoline inventory is really high right now.

    Gas prices might go back up to $2.15/gal or so once summer vacation hits.

    $80-$100 a barrel won't happen for a few more years.

    Keep in mind that $45-$50 a barrel isn't exactly low anyway.
    They screwed themselves anyways. People realize how quick those prices can jump... if they could've found a way to keep gas prices low artificially, then people wouldn't have freaked. As it is, now car companies prominently proclaim MPG on ads instead of Horsepower. They killed the golden goose, for want of a few more golden eggs.
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  18. #318

  19. #319
    Look ma! I'm on Mars! RandomGuy's Avatar
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    its $50 a barrell for one reason

    NO SPECULATORS.
    That and a total drop in demand due to the global slowdown and US recession.

  20. #320
    Look ma! I'm on Mars! RandomGuy's Avatar
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    It may very well drop to about $50, given a global recession.

    Even so, I predict it going up massively over the next 20 years. Sustained prices in the $200/bbl range at the end of that time is my best guess
    Re-read this, and a small correction is in order:

    There will likely not be a global "recession", as the overall global economic growth, even with a US recession is forecast to be positive over the next couple of years.

    Better term: global slowdown. Positive growth, just not as much as we have had in the last few years.

    Remember that the US economy, although still large, represents an increasingly shrinking part of the overall global economy.

  21. #321
    Believe. BradLohaus's Avatar
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    I think the key is that what used to be basically the ceiling is now most likely the floor.

    Note how everybody is happy about $2.00 per gallon gas when not that long ago everybody in Texas nearly had a stroke when they first saw it.

  22. #322
    JEBO TE! Clandestino's Avatar
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    it was over 100 for a reason too.. opec fucking everyone... they are wanting to drop production now because the price is dropping so rapidly.

  23. #323
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    "opec fucking everyone"

    Saudis said they had more oil for delivery than they had buyers. It wasn't even majoritarily a supply/demand mismatch.

    Speculation (Wall St, etc) added many 10s of $ to the price at its peak, as they did to agricultural commodities months ago.

    Speculators, having taking their profits, have fled commodities, for now.

  24. #324

  25. #325
    Believe.
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    Note how everybody is happy about $2.00 per gallon gas when not that long ago everybody in Texas nearly had a stroke when they first saw it.
    So fucking true.

    Why $2 Gas Is Amazing: Three reasons it should be cheaper.

    dated May 19, 2004

  26. #326
    Look ma! I'm on Mars! RandomGuy's Avatar
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    Oil drops 7 percent to 3-1/2-year low below $50

    Looks like it actually got back down to less than $50. The Russians and Iranians have to be s***ing bricks.

  27. #327
    this is not a sig ChumpDumper's Avatar
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    Why would they suck bricks?
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  28. #328
    Retired Ray xrayzebra's Avatar
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    RG, it wont stay there. It will go back up. Demand is down, but it will increase with
    the decrease in price.
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  29. #329
    this is not a sig ChumpDumper's Avatar
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    It got so high because of speculation. Now the prediction is decreased demand because the economy is in the tank. I don't see what would get it much higher anytime soon.

  30. #330
    Look ma! I'm on Mars! RandomGuy's Avatar
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    RG, it wont stay there. It will go back up. Demand is down, but it will increase with
    the decrease in price.
    mmm not quite.

    It will go up if OPEC cuts supply, or if the economy suddenly picks up and starts demanding more oil.

    If the economy continues to slide, expect prices to do the same.

    Remember, the price is simply the intersection between the underlying supply and demand.

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