$98 per barrel oil

"Morgans" wrote in
:


"Bertie the Bunyip" wrote

The violence has decreased slightly. "The current dramatic drop"
thing is Bush-ese for "we're gonna win this thing"

Numbers support the lessening violence, and they are not Bush (or
anyone else) driven propaganda.

Fact is, there have been less US and civilian deaths, country wide,
for the past month. A good number less.

Yep, I hope that it does mean that the thing has turned a corner, but I
doubt it.


Bertie

wrote in :

Bertie the Bunyip wrote:


No, it isn't.

Another 160+ line post to provide this full and complete retort with
citations and references to support the position.



**** off.


Bertie

Newps wrote in
:

Complete and utter hogwash. One merely has to watch the market reports
and every time there is a down trend in demand or an uptick in supply
the price drops. If all our cars suddenly got 10 mpg more the price of
oil and therefore gas would plummet.

But supply is controlled by OPEC, not by free market forces, so your
observations are skewed. OPEC magically cuts supply at Holiday periods to
maximize profit taking. It happens now every holiday like clockwork. Google
"holiday gas price increase" and read articles from NYTimes and Wash Post,
and plenty of other sources that describe this phenomenon going back to 2004,
and that's just when it became so blatant that we figured it out...


If you don't believe me, why don't you own a Prius?

Why waste money on that overpriced roller skate when you can spend less
and get better gas mileage?

Proving my point exactly.

wrote:
The total amount of nonperforming loans has been estimated to be as
high as approximetly $1 trillion.


As of this afternoon, our debt exceeded $9 trillion.......

wrote in message
...
Judah wrote:
"Montblack" wrote in
:

("kontiki" wrote)
One word: China

More words:

It's 1907 and Europe doesn't quite have a handle on the scope of
what's
happening in the (industrial) U.S.

It's 2007 and the U.S. doesn't quite have a handle on the scope of
what's
happening in (industrial) China.

So illuminate. What exactly is the scope of what's happening in
(industrial)
China?

Well for starters, the government run banks are cutting back on providing
funding to companies selling things at a loss.

As a result nonperforming loans as a percentage of outstanding loans
are down to 35% from the 50% of a year or so ago.

The total amount of nonperforming loans has been estimated to be as
high as approximetly $1 trillion.

Expect higher costs for Chinese goods as borrowers are expected to
make profits and repay their loans in the future.

Either that, or the whole Chinese economy is going to implode on bad
debt that exceeds the GNP.


Well, some good news comes out of this thread.

ManhattanMan wrote:
wrote:
The total amount of nonperforming loans has been estimated to be as
high as approximetly $1 trillion.


As of this afternoon, our debt exceeded $9 trillion.......

Apples and oranges.


--
Jim Pennino

Remove .spam.sux to reply.

On Nov 8, 12:18 pm, Bertie the Bunyip wrote:
Mxsmanic wrote :

Jay Honeck writes:

The issue of enemy combatants is a complicated one when the enemy
fights an international, religiously-driven war.

There isn't any such war.

What's it matter to you? You'll never leave your bedroom

bertie

And you'll never leave your computer desk.

"Newps" wrote in message
. ..

If fewer people are buying oil, the oil companies need to increase their
price to the market in order to keep revenues and profit margins up. They
are public companies with market expectations, which further drives the
need for increased prices.


Complete and utter hogwash. One merely has to watch the market reports
and every time there is a down trend in demand or an uptick in supply the
price drops. If all our cars suddenly got 10 mpg more the price of oil
and therefore gas would plummet.

Like OPEC gives a crap about "demand"?

buttman wrote in
ups.com:

On Nov 8, 12:18 pm, Bertie the Bunyip wrote:
Mxsmanic wrote
:

Jay Honeck writes:

The issue of enemy combatants is a complicated one when the enemy
fights an international, religiously-driven war.

There isn't any such war.

What's it matter to you? You'll never leave your bedroom

bertie

And you'll never leave your computer desk.




Leave it all the time, fjukkwit.


Bertie

buttman wrote in
ups.com:

On Nov 8, 12:18 pm, Bertie the Bunyip wrote:
Mxsmanic wrote
:

Jay Honeck writes:

The issue of enemy combatants is a complicated one when the enemy
fights an international, religiously-driven war.

There isn't any such war.

What's it matter to you? You'll never leave your bedroom

bertie

And you'll never leave your computer desk.





Hey, BTW, injineer boi, wanna get involved in the discussion on flutter?


How about the performance discussion? Bet you could wipe the floor with me
there, eh?


Bertie