Wheres the oil going?

[8AV8]

George Bush was Head of the CIA for 8 years before he was VP

VP for 8 years...Prez for 4...

Then Clinton...

Now Lil Bush for 8...

Bush family=old Texas oil $$-old family ties with OPEC leaders

Cheney=VP Halliburton

Let me say this...I NEVER watch the news. I am a saleman and it depresses me.

But... Our troops are getting blown up protecting Halliburton troops in Iraq, right? Among other tasks..

So if our troops are getting killed in an oil producing country....that is producingoil, why don't we stick a flag in the ground and call it ours. Can we piss them off over there any worse if we do?

So...where is the oil Haliburton is getting out of the ground going? Is it going to OPEC so that they can charge us double retail for oil Haliburton is producing(with the protection of US troops)?

I don't understand.

[IEATV8S]

You are so wrong on so many counts, but I'm going to let one of the other fellows here that FEELS like helping you out, to understand what is going on without all the MEDIA and liberal BULLDADDA fogging your mind!

Are you sure, you're not related to Goth or Qwirk?

[UNGN]

Originally Posted by 8AV8

I don't understand.

You are right about that.

It's weird that Germans paying $10/gallon for gas don't blame "Bush" or "Halliburton".

Maybe their education system is better, I don't know...

Opec doesn't set the price of oil. Demand does. If people buy $145/bbl oil, oil is $145/bbl.

If no-one will buy oil at $145/bbl, the price drops.

Bush/Cheney/Halliburton are trying to INCREASE the supply of Oil, so the supply will be greater than the demand, so the price will come down.

Democrats are NOT trying to increase the supply of oil. They are trying to decrease the demand, which means mandating a more fuel efficient car be made and giving incentives to more expensive alternatives so you'll use them instead of gas.

The Republican plan will LOWER the price of gasoline from its current levels, as increasing supply ALWAYS does.

The Democrat plan will keep gas at it's current level and limit choices of the car you will be able to buy in the future, meaning you'll likely just keep the fuel inefficient car you are driving now.

Or you can blame it all on Bush/Cheney/Halliburton/boogeyman and vote for "change".

Don't say we didn't tell you so.

[8AV8]

Maybe the title of the post confused you two geniuses. Can you provide a link to info on where the oil that is coming out of the ground in Iraq is going?

[V8Assassin]

Originally Posted by 8AV8

George Bush was Head of the CIA for 8 years before he was VP

VP for 8 years...Prez for 4...

Then Clinton...

Now Lil Bush for 8...

Bush family=old Texas oil $$-old family ties with OPEC leaders

Cheney=VP Halliburton

Let me say this...I NEVER watch the news. I am a saleman and it depresses me.

But... Our troops are getting blown up protecting Halliburton troops in Iraq, right? Among other tasks..

So if our troops are getting killed in an oil producing country....that is producingoil, why don't we stick a flag in the ground and call it ours. Can we piss them off over there any worse if we do?

So...where is the oil Haliburton is getting out of the ground going? Is it going to OPEC so that they can charge us double retail for oil Haliburton is producing(with the protection of US troops)?

I don't understand.

Originally Posted by 8AV8

Maybe the title of the post confused you two geniuses. Can you provide a link to info on where the oil that is coming out of the ground in Iraq is going?

You just like shoving long sharp objects in hornets nest don't ya.

We'll start small and work our way up, Come on over for burgers and let's talk about oil production the wives will love it!


Wiki says:
Oil accounts for a large percentage of the world’s energy consumption, ranging from a low of 32% for Europe and Asia, up to a high of 53% for the Middle East. Other geographic regions’ consumption patterns are as follows: South and Central America (44%), Africa (41%), and North America (40%). The world at large consumes 30 billion barrels (4.8 km³) of oil per year, and the top oil consumers largely consist of developed nations. In fact, 24% of the oil consumed in 2004 went to the United States alone.[1] The production, distribution, refining, and retailing of petroleum taken as a whole represent the single largest industry in terms of dollar value on earth.

[8AV8]

I don't need to start small...I just want to know where the oil that is coming out of the ground in Iraq is going.

I thought that this forum would be the place to ask.

Links would be appreciated

[8AV8]

Originally Posted by UNGN

You are right about that.

It's weird that Germans paying $10/gallon for gas don't blame "Bush" or "Halliburton".

Maybe their education system is better, I don't know...

Opec doesn't set the price of oil. Demand does. If people buy $145/bbl oil, oil is $145/bbl.

If no-one will buy oil at $145/bbl, the price drops.

Bush/Cheney/Halliburton are trying to INCREASE the supply of Oil, so the supply will be greater than the demand, so the price will come down.

Democrats are NOT trying to increase the supply of oil. They are trying to decrease the demand, which means mandating a more fuel efficient car be made and giving incentives to more expensive alternatives so you'll use them instead of gas.

The Republican plan will LOWER the price of gasoline from its current levels, as increasing supply ALWAYS does.

The Democrat plan will keep gas at it's current level and limit choices of the car you will be able to buy in the future, meaning you'll likely just keep the fuel inefficient car you are driving now.

Or you can blame it all on Bush/Cheney/Halliburton/boogeyman and vote for "change".

Don't say we didn't tell you so.

Like I said...I don't watch the news. Educate me..Quote"The Republican plan will LOWER the price of gasoline from its current levels, as increasing supply ALWAYS does. " Is this if a Republican is elected as President? If it's a Republican plan, why can't it start now. We have a Republican prez now,right?

I pro-life
I think the only gun control we need is....well f@ck gun control period.
I think the welfare system sux
I'm for a smaller government

Am I a Repulican, a Democrat , or an Independent?

Is there a test I can take online?

[UNGN]

Originally Posted by 8AV8

I don't need to start small...I just want to know where the oil that is coming out of the ground in Iraq is going.

I thought that this forum would be the place to ask.

Links would be appreciated

700,000 bbls a day of it is going into US fuel tanks.

It's a crock of crap that high fuel prices in the US are the result of the Iraq war.

If the war was to blame, gas would have been $4/gallon back in 2003, when NO oil was getting out of Iraq.

The Democrat takeover in Washington in 2006 has more to do with $4 gasoline than the Iraq war.

[Turbo RX-6]

Originally Posted by 8AV8

" Is this if a Republican is elected as President? If it's a Republican plan, why can't it start now. We have a Republican prez now,right?

If you think a President from any party can just wave a magic wand an implement any legislation he wants, start by Googling how the government works, what the presidents powers are, and how legislation is made and passed, otherwise you won't understand anything anyway.

Why do I have a feeling you know exactly what your talking about, and just want to yank some chains. You don't know anything, you don't watch the news or read the papers, yet you start right of the bat by tying Bush and Cheney into oil and Haliburton like their automatically guilty of something, and you imply that you somehow have inside info that Halliburton is getting secret oil out of Iraq that no one else except Goth is aware of and no one can prove.

Then you follow that up by insulting the only person who reply's to your post and tries to answer it and imply that you were looking for a link to the explanation, even though you never ask for one in your original post.

And you follow that up with ridiculous post about a test to decide if your a Democrat or Republican.

You've been able to make four post on here, and insulted the one person who took the time to answer, but yet you are somehow unable to research the answer yourself.

You seem to be looking for a certain answer, why don't you Google it, or try the Huffington Post or Daily Kos, I'm sure you can find the answer your looking for, I don't think your going to find it here.

[V8Assassin]

Originally Posted by Turbo RX-6

If you think a President from any party can just wave a magic wand an implement any legislation he wants, start by Googling how the government works, what the presidents powers are, and how legislation is made and passed, otherwise you won't understand anything anyway.

Why do I have a feeling you know exactly what your talking about, and just want to yank some chains. You don't know anything, you don't watch the news or read the papers, yet you start right of the bat by tying Bush and Cheney into oil and Haliburton like their automatically guilty of something, and you imply that you somehow have inside info that Halliburton is getting secret oil out of Iraq that no one else except Goth is aware of and no one can prove.

Then you follow that up by insulting the only person who reply's to your post and tries to answer it and imply that you were looking for a link to the explanation, even though you never ask for one in your original post.

And you follow that up with ridiculous post about a test to decide if your a Democrat or Republican.

You've been able to make four post on here, and insulted the one person who took the time to answer, but yet you are somehow unable to research the answer yourself.

You seem to be looking for a certain answer, why don't you Google it, or try the Huffington Post or Daily Kos, I'm sure you can find the answer your looking for, I don't think your going to find it here.

You are giving him way too much credit Turbo, he asked for it so let's give it to him PV style.

Too many people get caught up in the politics of oil and seem to forget, or at least ignore, it is a commidity market. The market competes for oil worldwide and our industry makes up only a small part of the whole picture. As stated previously, the US gets about 24% of world production. Here are some facts:

Demand

U.S. Domestic Oil Production

U.S.A. • Hubbert Peak of Oil Production

Yes, Yes I am using links to show what we already know, the US uses alot of oil. The problem we face is we are totally dependent on foreign oil, and not just from the middle east. There is a reason our companies are in demand all over the world, just ask dad, we are the best at what we do. Now, here we are with companies who are sought after all over the world and we won't let them drill and explore here. Meanwhile the rest of the world's demand is growing, if China and India continue their growth, as well as the middle east and the rest of Asia, demand per day will eclipse 100 million bb/day. This means as demand rises, supply stays the same and we must continue to fight for our share of the world supply and why cause we can't drill at home.

Did we go to war for the oil, not according to peolsi and most dems at the time we went because S.Hussein, not B.Hussein, had and was using chemical and biological weapons. Is it in our best interest to have allies and a presence in the part of the world that produces the most oil, well of course.

Getting back to your question, "where does it go", well part of it comes here, and that part is shriking and will continue to be harder and harder to get. We must cut our dependence on foreign oil immediately while at the same time developing alternatives like nuclear and hybrid cars (or diesel high mileage, just for you wee wee) to help reduce future demand.

[8AV8]

I won't clog this thread with another dissertation on world oil consumption/democrats/republicans/queers/jesus/hamburgers. I don't have a political view on this. Clear enough?

I posed a question that I couldn"t find an answer to. Seems simple. Sorry if I stepped on yall's toes.

But none of you answered it. Thanks for trying to help though.



Quote"Then you follow that up by insulting the only person who reply's to your post and tries to answer it and imply that you were looking for a link to the explanation, even though you never ask for one in your original post."

For some reason the first post seemed a little sarcastic. And the second one was even funnier.


As far as 700,000 bbls a day into American gas tanks...it doesn't go from a hole in the ground in Iraq to my gas tank.

Same question as the title...again...where's the oil from Irag go?

[The Blob]

Originally Posted by 8AV8

Same question as the title...again...where's the oil from Irag go?

It goes onto the world market just like all the other oil from everywhere else.

Think of it as all the oil in the world being pumped into one giant tank, then sold from that tank to whoever buys it. Of course there really is no giant tank but by-and-large that's pretty much how it works.

[IEATV8S]

Originally Posted by 8AV8

For some reason the first post seemed a little sarcastic. And the second one was even funnier.


As far as 700,000 bbls a day into American gas tanks...it doesn't go from a hole in the ground in Iraq to my gas tank.

Same question as the title...again...where's the oil from Irag go?

You are correct, I was a little with my answer, as we would expect anyone that has the sense enough to drive a GN, much less a 10 second GN, would have the smarts to already know this, as it is known to most of us here.

Your asking in the way that you did, gave more then one of us, the feeling that you were putting us on!

If you are so interested, I suggest YOU do more research, as we do continually, on the internet with Google, Ask.com, and assorted other search engines that will help you!

You are not helpless, and it will certainly sharpen your skills as a computer operator!

Oh, here, start with this and then continue until your thirst for knowledge is quelched!

HowStuffWorks "Search"

[8AV8]

Originally Posted by IEATV8S

You are correct, I was a little with my answer, as we would expect anyone that has the sense enough to drive a GN, much less a 10 second GN, would have the smarts to already know this, as it is known to most of us here.

Your asking in the way that you did, gave more then one of us, the feeling that you were putting us on!

If you are so interested, I suggest YOU do more research, as we do continually, on the internet with Google, Ask.com, and assorted other search engines that will help you!

You are not helpless, and it will certainly sharpen your skills as a computer operator!

Oh, here, start with this and then continue until your thirst for knowledge is quelched!

HowStuffWorks "Search"

"
Wow...maybe if had asked for computer skills classes or "how to" books you would have told me where the oil that Haliburton gets from Iraq goes....BTW..did you read my last post? I said I couldn't find the answer.

Blob..The world market?... Like OPEC?

[V8Assassin]

Originally Posted by The Blob

It goes onto the world market just like all the other oil from everywhere else.

Think of it as all the oil in the world being pumped into one giant tank, then sold from that tank to whoever buys it. Of course there really is no giant tank but by-and-large that's pretty much how it works.

That's about the sum of it, now consider each country has different companies to represent their interest. Most countries these days have gone to nationalized oil companies much like Saudiarmaco. The goverments of these countries dictate how much will be produced and how much will be shared with the world market. The individual countries form groups like OPEC which work in colusion to determinge what production (supply) numbers will be. Because of the thirty year moritorium on domestic drilling, we can't significantly influence other countries with our ability to put more oil on the market and thereby influence price in our favor. During the Clinton administration our goverment regulations were relaxed to allow oil (and other energy commodities) to be traded as any other without restriction. With the increase in demand brought on by other developing nations as well as regulatory changes in the face of no real increase in supply the price has nowhere to go but up. This is the problem, we can't produce our own, the nations that produce the most don't like us, we have no presence (or at least we didn't) to protect our interest in those countries, and we are basically dependent on the stuff. It has to come from somewhere, speaking of which (alright I am getting tired and the wife is getting lonely so here goes some of my cut and paste.....

Only about 40 percent of that oil comes from the United States. The rest of it is called "foreign" oil. But where does the oil really come from?

Most people think most of the oil comes from the Middle East, said one man at a gas station in St. Paul said.

But this is perhaps one of the great fuel fallacies. In fact, the two single largest foreign oil suppliers for the United States are its two closest neighbors, Canada and Mexico. Oil from those countries makes up about 35 percent of the supply.

After that is Venezuela and Saudi Arabia. The United States actually gets just as much oil from Africa as from the Middle East. In Minnesota, 80 percent of our oil comes from Canada.

However, Dr. Akshay Rao, who teaches at the Carlson School of Management at the University of Minnesota, said oil does not really come from any particular country.

"We generally buy from a world market," said Rao. "We do not bid on oil from a particular country."

That's because oil is a commodity. Oil producers provide it to the world market. The price goes up and down based on supply and demand. That's why there is one price for a barrel of oil and not several from each oil-producing country.

"You don't necessarily know where the oil is going to come from anymore than the seller knows where the oil that he or she has put up for sale is going to go," said Rao.

We find out once it's shipped because the United States tracks imports.

So is it merely a coincidence that Canada and Mexico are the two largest suppliers?

No, Rao said. "There are advantages of shipping costs once it is purchased."

After we buy oil on the market, a supplier figures out the cheapest way to get it to us. Because of their proximity, Canadian and Mexican oil is often more cost-effective.

While 60 percent of our oil is foreign, it is true that the United States actually exports some of its domestic oil. We export as much as 1 million barrels of oil per month. However, much of that is sent Canada where it is refined and then sent back

So the gas you are pumping in the tank is a mixture, much like B.Hussein is a mixture of Christian, Radical, and Muslim. Now why is there a relation to oil and the war if its all one big meltingpot, because in order to ensure sustained production and access to it, it is felt that a presence in the area that produces the most would be a good idea. Couple that with the fact that S.Hussein, not B.Hussein, was a mad man dictator who had been using chemical and biological weapons on his neighbors and our need to go into Afgan. after 9/11 and here we are.