OPEC - A bunch of Idiots!
03-04-2004, 03:14 PM
#11
Charter Mod
Charter Member
Costs to suck it out fluctuate as well, depending on current prices. If prices are high, rig counts go up, more exploration all equal higher drilling costs.
If prices are low, low rig count, yadda yadda
If prices are low, low rig count, yadda yadda
03-04-2004, 03:24 PM
#12
Charter Member #655
Charter Member
Screw them!!It aint there oil there just closer to it,Lets figure out a way to drill through the earth and suck it out from under them!
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If your boat has a sail do you ride a horse to the ramp?
If your boat has a sail do you ride a horse to the ramp?
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03-04-2004, 03:35 PM
#14
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Join Date: Oct 2000
Location: Beautiful North Carolina
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Originally posted by Reed Jensen
You guys think Opec is to blame??? I don't know if many of you guys remember the oil embargo of 1973 and 1978..... in 1973 ... the cost of oil skyrocketed up to the price of $35.00 a barrel and more..... guess what the cost of gasoline was by the gallon after the embargo? It went all the way up to .60 cents a gallon.... "outrageous!!! "everyone said.... how dare those "towel heads" do this to us!... guess what the cost of oil by the barrel is today.... $35.80.... so..... where is the difference in cost between the cost of crude oil and gasoline?.... it isn't going to the OPEC countries.... it's going to the oil companies... When you factor in inflation... the cost of the crude is half the price... and yet the cost of gasoline is triple.... go figure...
The oil companies have lots of excuses... here in California the excuse is "we have to make 'boutique' gasoline to meet the smog requirements."Plus here in California gasoline has become a "cash cow" to levy taxes upon. So we get it double here.....
You guys think Opec is to blame??? I don't know if many of you guys remember the oil embargo of 1973 and 1978..... in 1973 ... the cost of oil skyrocketed up to the price of $35.00 a barrel and more..... guess what the cost of gasoline was by the gallon after the embargo? It went all the way up to .60 cents a gallon.... "outrageous!!! "everyone said.... how dare those "towel heads" do this to us!... guess what the cost of oil by the barrel is today.... $35.80.... so..... where is the difference in cost between the cost of crude oil and gasoline?.... it isn't going to the OPEC countries.... it's going to the oil companies... When you factor in inflation... the cost of the crude is half the price... and yet the cost of gasoline is triple.... go figure...
The oil companies have lots of excuses... here in California the excuse is "we have to make 'boutique' gasoline to meet the smog requirements."Plus here in California gasoline has become a "cash cow" to levy taxes upon. So we get it double here.....
Just like everything else. I bought a loaded 1973 Chevy Monte Carlo in 1973 for $3500.00 NEW.
My last truck was $43,000.
Unfornuately we will look back one day and wish prices were still $1.89 per gallon!
We can only hope our income keeps up with it!
03-04-2004, 03:55 PM
#15
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Charter Member
Originally posted by Sydwayz
Yadda yadda my ass... Brandon. I know you just ordered a Rough Rider with Triples running on Natural Gas. I tap phones and e-mail for a living.
Yadda yadda my ass... Brandon. I know you just ordered a Rough Rider with Triples running on Natural Gas. I tap phones and e-mail for a living.
About that lady you were talking about....... going well?
03-04-2004, 03:56 PM
#16
Geronimo36
Gold Member
The price of oil and the increase in cost of living is not following the salaries that are being paid to workers in the US.
In my field the average salary had decreased 10-15% from about 3 years ago. If normal cost of living increases were given, the price at the pump may be a little easier to deal with. In my opinion I think this is a big part of the problem!
In my field the average salary had decreased 10-15% from about 3 years ago. If normal cost of living increases were given, the price at the pump may be a little easier to deal with. In my opinion I think this is a big part of the problem!
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