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View Full Version : oil companies going to the ATM for one last hurrah.



inconvertible
03-17-2008, 08:38 PM
:lol

.....and the sheeple think its opec :lol

boutons_
03-17-2008, 11:15 PM
the oilcos can't lose.

dubya tries to hand 'em the Iraq oil fields on the US tax dollar and $Ts in US debt (certainly not with Aggie's tax $$).

If that doesn't work right away, the bogus war takes Iraqi oil off the market and drives the oil price up through commodities market. The higher the barrel price goes, the more the oilcos make.

Heath Ledger
03-18-2008, 02:43 AM
So how long before we benefit from some Iraqi oil?

boutons_
03-18-2008, 10:21 AM
"we benefit"

Gotten any price breaks from US oilcos at the gas pump, ever?

The Iraq war is to benefit the US/UK oilcos, not fuel consumers. The higher the price of a barrel, the more the oilcos love it.

dubya's analogy is perfect (of course totally unoriginal). The US is addicted to cheap oil. He's providing federal funds for protection and development of the drug pushers.

The attitude towards oil need to be one that oil is truly limited Black Gold, to be conserved preciously.