Get ready for gas prices to soar, even though this is probably a tempest in a teapot.
http://biz.yahoo.com/ap/080212/venez..._oil.html?.v=9
Get ready for gas prices to soar, even though this is probably a tempest in a teapot.
http://biz.yahoo.com/ap/080212/venez..._oil.html?.v=9
Oil may spike up vis-a-vis speculation, but gas will remain flat.
Remember, oil is traded on the open market. Chavez can't prevent Exxon from getting it unless he doesn't sell it period.
their poor *** government will realize that socialism is expensive and realize that they miss our money
Can we just whack him and be done with it?
I think there is plenty of demand outside of us; that's always the reason they give for high oil/gas prices.Originally Posted by Mongo
Can we just whack him and be done with it?
I'm surprised it hasn't happened already.
We get even "do" Castro right...Can we just whack him and be done with it?
I was talking about baby oil
You would talk about baby oil ya sick freak!
I'm talking about world issues, I don't have time for your nonsense.
then I dont want to hear your bitches and gripes when you are paying $12 for a small bottle of baby oil
That's crazy talk.
Well thank God we haven't already wrecked the economy by pursuing alternative energy and making cars that get better mileage, or this could have really hurt....
I'm not happy until you're not happy.
what kind of baby are they made from?
Dinosaur babies, of course.
One of my professors just discussed this in class (he was a petroleum chemist in a previous life), and his comment was that this won't last long -- apparently, almost all of the refining capacity in the world that is capable of processing typical Venezuelan oil is in the USA.
AT is correct.
Not only that, but since it's a commodity, if it remains in the market at all then price remains constant.
"The choices we discern as having been made in the Constitutional Convention impose burdens on governmental proceses that often seem clumsy, inefficient, even unworkable, but those hard choices were consciously made by men who had lived under a form of government that permitted arbitrary governmental acts to go unchecked." INS v. Chadha, 462 U.S. 919 (1983) (Burger, C.J.)
I'd love to EM take some of thier assets, like one of the largest and most important refineries in this country, which is owned by Chavez & Citgo.
There is a natural balance to everything I think. And there is no reason why there wouldn't be a natural balance to this as well.
The capitalists will always reign and socialists will always bitch.
Gas went up 2-6 cents a gallon today, depending on the station. Exxon jumped the most.
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