Does anyone else find our government's manipulation of world oil prices disturbing?

[donttread]

If we can deal with the devil to punish Russia by dropping oil prices then why could we never deal with the devil to have reasonable gas and home heating oil prices? Or to stimulate a dying economy? No it was more important to feed the meagcorps.
Literal proof that the government controls the "market" in oil and that they will drop prices out of spite but not when senior citizens are freezing to death in their homes!
Our government's actions disgust me and if you are a patriot they should disgust you to.

[Peter1469]

OPEC has been controlling the price of oil for decades. Payback is a bitch.

[donttread]

OPEC has been controlling the price of oil for decades. Payback is a bitch.

Clearly they have been controlling the prices with our blessing

[Peter1469]

True. Also an agreement to use US forces to protect that oil.

[Crepitus]

I'm not sure how deliberate this is on our part. The Saudis are definitely manipulating the price but i suspect it has a lot to do with the fracking boom here on our part. I'm not saying there isn't some collusion with the Saudis but I think there is quite a bit of serendipity happening too.

[Peter1469]

I'm not sure how deliberate this is on our part. The Saudis are definitely manipulating the price but i suspect it has a lot to do with the fracking boom here on our part. I'm not saying there isn't some collusion with the Saudis but I think there is quite a bit of serendipity happening too.

I don't see Obama favoring Big Oil to advance US interests.

[Common]

I find our govts meddling in MANY things to enhance the richs of our corporations and powerful disturbing.

I am beginning to be disillusioned about all the things I had come to believe growing up.
When you are older and youve learned its this way, sometimes you may not realize its that way now. I think ive come to that crossroad where Im wondering which way the road really goes.

At first I found the younger people on heres ideas about everything, kind of blown up and exaggerated and in some cases bullshit. That was stupid of me, being younger and OUT THERE they have a better first hand view than I do.

Thank you young folks, you have made me slow down and think more about what your saying here, ive learned alot from you.

[Crepitus]

I don't see Obama favoring Big Oil to advance US interests.
I don't think the current low prices are much better for Big Oil than they are for Russia or Venezuela. Although I bet they have bigger cash reserves.

[PolWatch]

I find our govts meddling in MANY things to enhance the richs of our corporations and powerful disturbing.

I am beginning to be disillusioned about all the things I had come to believe growing up.
When you are older and youve learned its this way, sometimes you may not realize its that way now. I think ive come to that crossroad where Im wondering which way the road really goes.

At first I found the younger people on heres ideas about everything, kind of blown up and exaggerated and in some cases bullshit. That was stupid of me, being younger and OUT THERE they have a better first hand view than I do.

Thank you young folks, you have made me slow down and think more about what your saying here, ive learned alot from you.

You are not alone! I've heard the rumor that age brings wisdom...but its just that, a rumor. We have been around long enough to see a lot and to have the opportunity to learn from it...that is the only wisdom that age brings.

I have found that seeing things through younger eyes has given me a different perspective on some issues. I learn something new or a different view everyday here.

[Peter1469]

I don't think the current low prices are much better for Big Oil than they are for Russia or Venezuela. Although I bet they have bigger cash reserves.

No the low prices don't help big oil other than in helping to break up some of its completion. But that is a two bladed sword, since fracking is expensive.

[Howey]

I don't see Obama favoring Big Oil to advance US interests.

Considering the silly conspiracy theories out there I wouldn't be surprised if this was the next.

[Common]

I don't think the current low prices are much better for Big Oil than they are for Russia or Venezuela. Although I bet they have bigger cash reserves.

There is a huge difference between socialist countries impact with oil than our corporations.

Big oil and conservatives continually tell us that big oil only makes 8cts on a gallon. If that is true than their profits should remain the same or be HIGHER when oil prices drop because usage of gasoline goes up. The 8cts a gallon is a big lie and always has been. Because big oil breaks profit records every time oil goes sky high in price and USAGE GOES DOWN.

The oil industry is a manipulated must have commodity that has no competition. I think from opec to our Big Oil Companies they are all in cahoots to assure they keep making mega billions.

I think every once in a while they back off and give the little people a little breathing room so theres no real revolt and backlash against them and they dont want to TOTALLY destroy an economy, oil is tied to most every hard item you see and buy, from carpets and linoleum to toys and containers and coffepots and most toilet seats.

[Common]

You are not alone! I've heard the rumor that age brings wisdom...but its just that, a rumor. We have been around long enough to see a lot and to have the opportunity to learn from it...that is the only wisdom that age brings.

I have found that seeing things through younger eyes has given me a different perspective on some issues. I learn something new or a different view everyday here.

The only thing I know definitely is that old age brings inflamation :)

[zelmo1234]

No the low prices don't help big oil other than in helping to break up some of its completion. But that is a two bladed sword, since fracking is expensive.
]

It also hurts the green energy movement, something that Obama told the nation would require skyrocketing energy prices.

Private industry and the chance for profit have more to do with the low oil prices than our government

[zelmo1234]

There is a huge difference between socialist countries impact with oil than our corporations.

Big oil and conservatives continually tell us that big oil only makes 8cts on a gallon. If that is true than their profits should remain the same or be HIGHER when oil prices drop because usage of gasoline goes up. The 8cts a gallon is a big lie and always has been. Because big oil breaks profit records every time oil goes sky high in price and USAGE GOES DOWN.

The oil industry is a manipulated must have commodity that has no competition. I think from opec to our Big Oil Companies they are all in cahoots to assure they keep making mega billions.

I think every once in a while they back off and give the little people a little breathing room so theres no real revolt and backlash against them and they dont want to TOTALLY destroy an economy, oil is tied to most every hard item you see and buy, from carpets and linoleum to toys and containers and coffepots and most toilet seats.

Actually they make a set % so while their profit margin remains the same they lose sales volume

[PolWatch]

The only thing I know definitely is that old age brings inflamation :)

ya gotta be tough to get old...it ain't for the weak or wimpy!

[Common]

ya gotta be tough to get old...it ain't for the weak or wimpy!

Heh, well to be blunt getting old sucks but hopefully everyone makes it there and takes their turn.

[PolWatch]

Heh, well to be blunt getting old sucks but hopefully everyone makes it there and takes their turn.

My son always tells me to consider the alternative to getting old...that everyday we wake up on this side of the dirt is a good day. It's times like that I wonder when he got so smart.

[Peter1469]

We have an over supply of gasoline. (http://www.usnews.com/news/articles/2014/09/23/demand-drops-supply-surges-and-gasoline-prices-plummet) That is a large reason the price has dropped.


There is a huge difference between socialist countries impact with oil than our corporations.

Big oil and conservatives continually tell us that big oil only makes 8cts on a gallon. If that is true than their profits should remain the same or be HIGHER when oil prices drop because usage of gasoline goes up. The 8cts a gallon is a big lie and always has been. Because big oil breaks profit records every time oil goes sky high in price and USAGE GOES DOWN.

The oil industry is a manipulated must have commodity that has no competition. I think from opec to our Big Oil Companies they are all in cahoots to assure they keep making mega billions.

I think every once in a while they back off and give the little people a little breathing room so theres no real revolt and backlash against them and they dont want to TOTALLY destroy an economy, oil is tied to most every hard item you see and buy, from carpets and linoleum to toys and containers and coffepots and most toilet seats.

[Mac-7]

If we can deal with the devil to punish Russia by dropping oil prices then why could we never deal with the devil to have reasonable gas and home heating oil prices? Or to stimulate a dying economy? No it was more important to feed the meagcorps.
Literal proof that the government controls the "market" in oil and that they will drop prices out of spite but not when senior citizens are freezing to death in their homes!
Our government's actions disgust me and if you are a patriot they should disgust you to.

You are mistaken.

if obumer could set the price of oil he would raise the price not lower it.

[donttread]

]

It also hurts the green energy movement, something that Obama told the nation would require skyrocketing energy prices.

Private industry and the chance for profit have more to do with the low oil prices than our government

Very true, kill the green revolution and then push prices back up

[Mac-7]

Very true, kill the green revolution and then push prices back up

Why would enviromentalist wackos like the libs in government want to kill their own green energy projects?

[CaveDog]

I'm not sure what mechanism the government could be using to manipulate oil prices unilaterally. This would have to take co-operation on an international scale.

[The Sage of Main Street]

True. Also an agreement to use US forces to protect that oil. The two wars against Saddam were motivated only by the fact that he was a renegade against the Big Oil/OPEC cartel's market-fixing production quotas. His overproduction drove down the price of oil in both the Reagan and Clinton administrations.

[Common]

Actually they make a set % so while their profit margin remains the same they lose sales volume

Nope sorry not true. IF they made a set margin of profit per gallon, when prices skyrocket and people by less gas their profits should go down, they dont they SOAR and they break profit records, which means they are making far more per gallon

[zelmo1234]

Nope sorry not true. IF they made a set margin of profit per gallon, when prices skyrocket and people by less gas their profits should go down, they dont they SOAR and they break profit records, which means they are making far more per gallon

OK now we need a math lesson


What is 15% of 63 dollars. 9.45
What is 15% of 115 dollars 17.25

Even when people cut back on oil consumption, if is never cut in half. 10 to 15% at the worst

This is the same problem we have when discussing taxes they don't understand that it is a percentage game.

[ace's n 8's]

If we can deal with the devil to punish Russia by dropping oil prices then why could we never deal with the devil to have reasonable gas and home heating oil prices? Or to stimulate a dying economy? No it was more important to feed the meagcorps.
Literal proof that the government controls the "market" in oil and that they will drop prices out of spite but not when senior citizens are freezing to death in their homes!
Our government's actions disgust me and if you are a patriot they should disgust you to.How does our Government manipulate the price of oil?

OPEC controls the pricing, not our Government.

The only Government controlling issue the U.S. has is, we dont have permission from our Government to drill on public lands, which keeps us at the mercy of OPEC, to a point.

[ace's n 8's]

Very true, kill the green revolution and then push prices back upGreen energy is a mere supplement, green energy will never take the place of oil/gas.

[William]

Green energy is a mere supplement, green energy will never take the place of oil/gas.

Then what will we use when the oil/gas runs out?

There's lots of types of green energy, from solar, to wind, to wave energy, and oil can be grown with algae. My dad says green energy could be encouraged by government, but the government in Australia is stopping incentives for renewable energy, cos they don't believe in climate change. Like you could get a big subsidy for solar panels but you can't now.

[ace's n 8's]

Then what will we use when the oil/gas runs out?

There's lots of types of green energy, from solar, to wind, to wave energy, and oil can be grown with algae. My dad says green energy could be encouraged by government, but the government in Australia is stopping incentives for renewable energy, cos they don't believe in climate change. Like you could get a big subsidy for solar panels but you can't now.
I would say that the Australian Govt is pretty smart.

When the oil and gas runs out, if it ever will, and I doubt it will, the world is very large, and there is plenty of oil that has not yet been discovered.

Technological advances have given North America the opportunity to frack, twenty years ago it was unheard of to do horizontal drilling, effectively and efficiently, and we are doing it today.

With all the due respect to and for your dad, I dont believe in Global Warming either,there just is not any proof of it, the Climate has been changing since the creation of this habitable Planet

Government getting involved in the private sector generally leads to disaster on the horizen.

[Peter1469]

Green energy is a mere supplement, green energy will never take the place of oil/gas.

Sure it will. Just not in this decade. But it is coming. Some major breakthroughs will make it possible such as the new batteries that are grid capable.

[donttread]

Why would enviromentalist wackos like the libs in government want to kill their own green energy projects?

To serve their Exxon masters of course. Try to keep up

[donttread]

The two wars against Saddam were motivated only by the fact that he was a renegade against the Big Oil/OPEC cartel's market-fixing production quotas. His overproduction drove down the price of oil in both the Reagan and Clinton administrations.

Sage you are "crazy like a fox"

[Mac-7]

Sure it will. Just not in this decade. But it is coming. Some major breakthroughs will make it possible such as the new batteries that are grid capable.

The environmentalists keep predicting the end of oil but it never happens.

they always see a horizon 20 years away that man must prepare for.

But those darn petroleum scientists keep finding new oil reserves or new ways to exploit existing reserves.

And this drives the green fanatics crazy.

[Peter1469]

I think that science will develop better methods of energy production long before oil and coal run out. I also think that scares people in favor of Big Oil.


The environmentalists keep predicting the end of oil but it never happens.

they always see a horizon 20 years away that man must prepare for.

But those darn petroleum scientists keep finding new oil reserves or new ways to exploit existing reserves.

And this drives the green fanatics crazy.

[Peter1469]

It actually already has. 18th century chemical engineering (http://energyvictory.net/) can be used to make alcohol fuels that are cost effective and could totally replace oil.

[Mac-7]

I think that science will develop better methods of energy production long before oil and coal run out. I also think that scares people in favor of Big Oil.

I'm not "in favor" of Big Oil.

But the 50 year lib campaign to demonize oil companies has not worked with me either.

It is the environmentalists who are emotionally attached to their position, not me.

What scares me is the detached-from-reality decision making process that unconservatives use to set their energy policies.

[Peter1469]

I am not interested in demonizing Big Oil. I am interested in progress as opposed to sticking with the status quo.
I'm not "in favor" of Big Oil.

But the 50 year lib campaign to demonize oil companies has not worked with me either.

It is the environmentalists who are emotionally attached to their position, not me.

What scares me is the detached-from-reality decision making process that unconservatives use to set their energy policies.

[Mac-7]

I am not interested in demonizing Big

I never said you were.

You are the target of the oil company demonizers.

[Peter1469]

I never said you were.

You are the target of the oil company demonizers.


:smiley:

Incorrect. I am not a Luddite.

[Mac-7]

:smiley:

Incorrect. I am not a Luddite.

Neither am I.

Oil is king because it's still the best.

The environmentalists have not yet come up with something better.

[Peter1469]

Neither am I.

Oil is king because it's still the best.

The environmentalists have not yet come up with something better.

You seem to be stuck on environmentalists. Forget them. Look at science. (http://energyvictory.net/)

Oil has a monopoly in transportation fuels. That doesn't mean that there are no alternatives that could replace oil.

[Mac-7]

You seem to be stuck on environmentalists. Forget them. Look at science. (http://energyvictory.net/)

Oil has a monopoly in transportation fuels. That doesn't mean that there are no alternatives that could replace oil.

Who is stopping you?

I guess you could say fiscal conservatives are since we do not support massive government subsides of green energy just to make it competitive with fossil fuel.

[Peter1469]

Who is stopping you?

I guess you could say fiscal conservatives are since we do not support massive government subsides of green energy just to make it competitive with fossil fuel.

I don't advocate for any subsidies.

I link to a book on this topic continually. It had a summary online and a power point presentation that would take 10 minutes of your time. Yet I have never heard any response to my position except b.s.

Your response to energy is the same as your response to politics. Status quo. Don't rock the boat. Because that would be scary.

[Mac-7]

I don't advocate for any subsidies.

I link to a book on this topic continually. It had a summary online and a power point presentation that would take 10 minutes of your time. Yet I have never heard any response to my position except b.s.

Your response to energy is the same as your response to politics. Status quo. Don't rock the boat. Because that would be scary.

The link calling for an act of congress to push alternative fuels?

How much will private operators have to spend of their own money to comply with your dictate to install new tanks and equipment?

How much will it cost consumers like myself?

To me you are taking the place of the market and making decisions through government for the public.

[Howey]

Who is stopping you?

I guess you could say fiscal conservatives are since we do not support massive government subsides of green energy just to make it competitive with fossil fuel.

Are you opposed to massive subsidies supporting the oil industry too?

[Peter1469]

The cost would be minimal. Likely nothing at all if you have a new car. Most cars made in the last decade are fine. The proposed legislation would create incentives to build the infrastructure to deliver alcohol fuels.


And it would break the monopoly that big oil has. Then we would have a true free market and we would fine out what the market wants.


The link calling for an act of congress to push alternative fuels?

How much will private operators have to spend of their own money to comply with your dictate to install new tanks and equipment?

How much will it cost consumers like myself?

To me you are taking the place of the market and making decisions through government for the public.

[Peter1469]

Big Oil has a monopoly. Sitting on your hands won't change it.

[Mac-7]

The cost would be minimal. Likely nothing at all if you have a new car. Most cars made in the last decade are fine. The proposed legislation would create incentives to build the infrastructure to deliver alcohol fuels.


And it would break the monopoly that big oil has. Then we would have a true free market and we would fine out what the market wants.


Big Oil has a monopoly. Sitting on your hands won't change it.

So you want to require the public to spend billions of dollars for your pet project just to see if the public will like it or not?

[The Sage of Main Street]

Nope sorry not true. IF they made a set margin of profit per gallon, when prices skyrocket and people by less gas their profits should go down, they dont they SOAR and they break profit records, which means they are making far more per gallonOur Jabba the Hutt
petrocrats could give away the gasoline for free and still make a healthy profit on the petrochemicals.

[texan]

Its complicated, but for their to be controlling more than one party must agree to work together. I think Obama didn't care because it drove his green agenda. But I am hopeful that lately we have pushed this point to get after Russia which I am for hurting. I think maybe OPEC agrees becuase they need to urt ISIS who is financing themselves on the world oil market.

Thanks for not helping families sooner Obama.

[The Sage of Main Street]

How does our Government manipulate the price of oil?

OPEC controls the pricing, not our Government.

The only Government controlling issue the U.S. has is, we dont have permission from our Government to drill on public lands, which keeps us at the mercy of OPEC, to a point. Environmentalism is a form of hoarding in order to justify price-gouging because of a manipulated false scarcity. Both "sides" come from the same class and have the same goal.

[The Sage of Main Street]

Green energy is a mere supplement, green energy will never take the place of oil/gas. It is based on a false assumption that we are developing the creative intelligence that will, any decade now, come up with these futuristic fuels. This false hope pacifies us from doing anything about price-gouging.

[The Sage of Main Street]

Sage you are "crazy like a fox" Does that mean I can get hired by Fox News and hit on all the bodaciously boobed bimbos strutting their stuff there?

[texan]

You can minipulate prices as I stated but it takes more than one organization. Right now we have different interests that need hurting. Russia and Isis. We need to hurt Russia and they need to stop the cancer ISIS in their oil region.

[Mac-7]

Are you opposed to massive subsidies supporting the oil industry too?

There are no massive subsidies to the oil industry.

[texan]

There are subsidies everywhere, I get so tired of these subsidies arguments. Sometimes the government subsidizes things that may be important. For instance those buses running around empty are subsidized by DC to keep the transportation infrastructure in place. The government gets some thiings right and some thiings wrong but they do invest. Have you asked yourself what they get for their investment on oil subsidies?

[ace's n 8's]

I think that science will develop better methods of energy production long before oil and coal run out. I also think that scares people in favor of Big Oil.To think that Green Enregy will take the place of Oil, Natural Gas,Clean Coal, Nuclear, is plain lunacy.

Green energy is less efficient, more costly and most of all, undependable.

[donttread]

There are subsidies everywhere, I get so tired of these subsidies arguments. Sometimes the government subsidizes things that may be important. For instance those buses running around empty are subsidized by DC to keep the transportation infrastructure in place. The government gets some thiings right and some thiings wrong but they do invest. Have you asked yourself what they get for their investment on oil subsidies?

Sometimes they subsidize for votes ( farming ) and sometimes just enough to inflate prices (solar)

[Peter1469]

To think that Green Enregy will take the place of Oil, Natural Gas,Clean Coal, Nuclear, is plain lunacy.

Green energy is less efficient, more costly and most of all, undependable.

Not in the near future, if the Luddites don't block it.

God, if you people were alive in 1900 we would not have air planes or cars.

Trains, horse, or walk.

[ace's n 8's]

Not in the near future, if the Luddites don't block it.

God, if you people were alive in 1900 we would not have air planes or cars.

Trains, horse, or walk.Green energy has been around since the 1900's, and Oil, Natural Gas, Coal, Nuclear are still widely used TODAY.

It has nothing to do with innovation, I fully support Green Energy as a ''supplement'', but it WILL NEVER take the place of fossil fuels.

[Peter1469]

Pats on head.

Of course it will. :smiley:
Green energy has been around since the 1900's, and Oil, Natural Gas, Coal, Nuclear are still widely used TODAY.

It has nothing to do with innovation, I fully support Green Energy as a ''supplement'', but it WILL NEVER take the place of fossil fuels.