There was a time some years ago when I was attacked for being unpatriotic for opposing the Iraq War which I insisted was an exchange of American blood for oil. In the current political climate one hesitates to use the phrase "the chickens have come home to roost" but it is certainly very appropriate in this particular case.
Watch or read Bill Moyers lay down the law on this topic, his commentary is deeply insightful and does much to set the record straight on the issue of the Iraq War and what exactly so many have given so much to accomplish:
http://www.pbs.org/moyers/journal/06272008/watch3.html
Devastating!
Showing posts with label Oil. Show all posts
Showing posts with label Oil. Show all posts
Monday, July 7, 2008
Tuesday, July 1, 2008
The surest sign that gasoline will become cheaper soon!
"Service Lets Drivers Lock In Gasoline Prices"
http://www.nytimes.com/reuters/technology/tech-mygallonscom.html?_r=1&oref=slogin
A recently introduced service called MyGallons.com allows drivers to fill up their tanks sometime in the future but at current prices, using a debit-like card which banks gallons rather than dollars.
...
The risk to the consumer is if price of gasoline in the future becomes cheaper rather than more expensive. But if members are dissatisfied, they can drop out of the program and receive a lesser of the current price or what they paid as a refund.
-----
There it is. The "tell" of the market speculators.
Most people simply call it greed.
http://www.nytimes.com/reuters/technology/tech-mygallonscom.html?_r=1&oref=slogin
A recently introduced service called MyGallons.com allows drivers to fill up their tanks sometime in the future but at current prices, using a debit-like card which banks gallons rather than dollars.
...
The risk to the consumer is if price of gasoline in the future becomes cheaper rather than more expensive. But if members are dissatisfied, they can drop out of the program and receive a lesser of the current price or what they paid as a refund.
-----
There it is. The "tell" of the market speculators.
Most people simply call it greed.
Thursday, June 19, 2008
This was always a war for oil
"Deals With Iraq Are Set to Bring Oil Giants Back"
http://www.nytimes.com/2008/06/19/world/middleeast/19iraq.html?_r=2&oref=slogin&pagewanted=print
BAGHDAD — Four Western oil companies are in the final stages of negotiations this month on contracts that will return them to Iraq, 36 years after losing their oil concession to nationalization as Saddam Hussein rose to power.
Exxon Mobil, Shell, Total and BP — the original partners in the Iraq Petroleum Company — along with Chevron and a number of smaller oil companies, are in talks with Iraq’s Oil Ministry for no-bid contracts to service Iraq’s largest fields, according to ministry officials, oil company officials and an American diplomat.
The deals, expected to be announced on June 30, will lay the foundation for the first commercial work for the major companies in Iraq since the American invasion, and open a new and potentially lucrative country for their operations.
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I mean, c'mon...! Who doesn't believe that we are sending our people die on foreign sands and bleeding the economy to benefit the oil corps?
Yeah you, non-believer, can you walk and chew gum at the same time?
http://www.nytimes.com/2008/06/19/world/middleeast/19iraq.html?_r=2&oref=slogin&pagewanted=print
BAGHDAD — Four Western oil companies are in the final stages of negotiations this month on contracts that will return them to Iraq, 36 years after losing their oil concession to nationalization as Saddam Hussein rose to power.
Exxon Mobil, Shell, Total and BP — the original partners in the Iraq Petroleum Company — along with Chevron and a number of smaller oil companies, are in talks with Iraq’s Oil Ministry for no-bid contracts to service Iraq’s largest fields, according to ministry officials, oil company officials and an American diplomat.
The deals, expected to be announced on June 30, will lay the foundation for the first commercial work for the major companies in Iraq since the American invasion, and open a new and potentially lucrative country for their operations.
-----
I mean, c'mon...! Who doesn't believe that we are sending our people die on foreign sands and bleeding the economy to benefit the oil corps?
Yeah you, non-believer, can you walk and chew gum at the same time?
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