So Idiot why are you continuing the thread by replying to it, a person who calls another a fool for doing the same thing is a fools fool. LOL
so jamesboy does the same thing that he puts others down for, too funny. but typical, if it wants to see a sociopath all it has to do is look in its mirror. . It also claims it knows history but has yet to offer what it believes.. Again the Con federate flag stands for slavery, sedition and LOSERS. Fly your flag where you want, but not on government property, only winners have that right. Maybe jamie thinks the south won and the commies rewrote the history books? Whatever all I know is jamie's real civil war history is a closely held secret. LOL
Rah, Rah, Loser it is you that don't have a clue if you don't know the civil war was fought over sedition, and sedition came from the issue over the south's instance on continuation of slavery, any deviation from those facts and it is you that is attempting to rewrite history. And Loser, if you want a tattoo of it or fly it on your vehicle or anywhere else on private property, that is up to you, but not on government property. It is absurd to insist that a flag that stands for the abuse of humans, and a lost war over sedition should still fly on government buildings.
Loser, I volunteered for three years service (63-69) in the US Army for that one,it means something to me. The Con flag is a different thing altogether, but I'm not surprised that you don't know the difference.
It stands for slavery, sedition and placing second in the war they started. if you want everyone to know you are a loser by all means display the CSF, but not on government property. After all the US government won that one.
World population exploding " Most of the world never has been able to afford oil, now we just have more that can't. Austerity equals slowing demand.
I'm thinking smart money is leaving the markets. Their selling drags everything down. The individual investor is nothing, hedge and sovereign funds rule.
Talking about Banksers, a woman called into the Thom Hartman show to tell her story, She like many others are fighting to keep their homes from the fraudulent banksters, she sought help from three different attorneys, they all told her that she couldn't afford them, because a law suit against any bank would be very expensive. There you go righties you have achieved your goal, "the new world order." After the next depression that appears to be near, most of you by a great number will come to realize that after all, you are no different than those that preceded you into the poor house. And the biggest problem for the average American isn't the righties it is the D. turncoats who say one thing to get elected but do another when they join forces with the R., and I suspect that half the D. congress meet that description. Hello 3rd world country it was nice while FDR's new deal lasted.
"Sadly I never understood why the price of oil declined during the late 80's to 90's after the rises in the 70's and early 80's . I would love to hear a opinion on it "
First a basic truth oil use mirrors the US economy. Meaning during good times oil prices naturally rise due to increased demand, and the reverse in bad times, or the law of supply and demand increased demand higher prices, lower demand lower prices.
Despite right wing lying about it, Jimmy Carter's economy was actually pretty good, good enough to cause oil demand in the US to increase in a normal manner. OPEC nations in an effort to influence US policies with Israel, started with-holding oil from western markets, this caused an oil shortage and inflation, followed by a boom in oil drilling in the US. Inter the reagan regime, they replaced Jimmy Carter's conservation and alternative fuels measures, with austerity and high interest rates to battle inflation that high oil prices caused. Regan's measures of course caused the greatest recession since the great depression and demand for oil to drop off a cliff, this as new western supplies were hitting the market that was sparked by the OPEC embargo. As OPEC nations revenues fell off they began to cheat adding more and more oil to an increasingly glutted market, and that of course caused world wide oil prices to plummet. This kind of covers it, but a book could be written about it. For verification of my view look up a chart that tracks historical oil use in the US. Compare the chart with the economy and administrations, you will see that oil use in the US didn't recover to Carter's levels until two years into the Clinton administration.
If you are saying place stops and trade short term, I agree. Athough I have never shorted any stock, shorting may be a good option in a stock market that is clearly frothing. Oil surpluses will end when austerity does. When, IF you see a rebuild the US infrastructure bill pass, then that will be the buy oil signal.
Lower crude prices is the problem, of course any additional costs to Alberta producers exacerbates their situation, but it is still over supply from cheaper sources that is the "main" problem. Putting it another way if oil prices were still close to a hundred the increased royalty fees would be a very much smaller thing, and keep in mind no company will pass up an opportunity to blame their situation on someone else, and blaming all of their troubles on the government is the conservatives mantra, take it for what it is worth. However, it still goes back to the price of world oil it is down from the highs, mainly because of falling demand caused by austerity imposed on the victims of the R. depression, by conservative governments. OPEC countries as well as most other oil export dependent countries have one main commodity to raise money, that is cheap oil and lots of it. Oil investors have to come to grips with the fact that most of North American oil is relatively expensive oil. World oil prices will rise again only after demand increases to the point that oil is no longer in surplus. It is one of the few things reagan got right, the laws of supply and demand, or tight supplies equal higher prices, abundant supplies beget lower prices. Of course you have a point but it isn't the main thing, abundant supplies of oil is.
Western austerity and OPEC increasing world oil supplies are the reasons for lower earnings for all producers. Other things like so called socialist ruining things and higher USD are side dishes not the main course. Some examples Iraq just announced they have added an additional 800,000 barrels a day of oil to the world market, Nigeria having trouble selling their oil because of the world glut, which of course means they will offer it to buyers at an even lower cost, so will Venezuela and so it goes..