It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Originally posted by mishigas
reply to post by Janky Red
Can ANYONE here tell me how domestic drilling will lower pricing, if pricing is set after extraction and is entirely dependent upon capitalization in a GLOBAL market, not supply or demand in America...
Going along with extracting oil from the ground is shipping it to a refinery. So let's assume that we had the foresight to build new refineries in addition to adopting drill, baby, drill, OK?
So who says we have to compete in a global market with our own oil? Does the farmer charge himself $X for a bushel of wheat?
Drill it here, refine it here, sell it here, all immune to global prices and speculation. Any excess, put it on the global market.
Where am I going wrong?
Originally posted by crimvelvet
reply to post by Janky Red
Can ANYONE here tell me how domestic drilling will lower pricing, if pricing is set after extraction and is entirely dependent upon capitalization in a GLOBAL market, not supply or demand in America...
It is rigged by the commodity speculators just like food was in 2008. I already showed that in another post.
Supply plays a part in pricing but not when you have a cartel playing games.
Remember the "Oil/Gas shortage" of the mid 1970's???
I have talked to several truckers who told me the tanks in New Jersey were just about overflowing and the guys in the plants did not know where to store the EXCESS GASOLINE! As soon as the price of gas doubled the shortage mysteriously disappeared!
SCORE one for the Rockefellers and their cronies.
Drill it here, refine it here, sell it here, all immune to global prices and speculation. Any excess, put it on the global market.
Where am I going wrong?
...I remember for years my brother chose not to see the light of day, and it was his very employer who should him. He worked for the EPA in oil field site inspections. Consistently he was tasked with fining, and shutting down mom, and pop outfits, but consistently was ordered to leave the big boys like Exxon Mobil alone.
This made a profound impact on the way he looked at the World...
Originally posted by macman
Here is a question.
If you are a Democratic/Liberal, why do you care who the Republicans put up for their nominee?
Originally posted by Eurisko2012
Originally posted by macman
Here is a question.
If you are a Democratic/Liberal, why do you care who the Republicans put up for their nominee?
I think Sarah Palin just drives them crazy.
They can't help themselves.
-------------------------------
2 phrases that drive them nuts: 1) High Octane Capitalism 2) Gov. Sarah Palin
Originally posted by Eurisko2012
I think Sarah Palin just drives them crazy.
Originally posted by redmage
Originally posted by Eurisko2012
I think Sarah Palin just drives them crazy.
Rest assured that it's not just Democrats/Liberals who can't take this political cheerleader seriously as a candidate. Most Conservatives, Republicans, Libertarians, and anyone who has taken the time to actually educate themselves regarding legitimate political issues can't take her seriously either.
Can't you already see President Sarah Palin and Prime Minister Netanyahu having a
productive press conference in the White House?
Originally posted by Eurisko2012
reply to post by D1Useek
This picture also drives them nuts.
It looks like it's ready to drive right up the front door of 1600 Pennsylvania Avenue!