F**K this, Oil closes at $55 a barrel

[steve181]

it's not rocket science

[Longreach747]

Bush is easily the most powerful man in the world (unfortunately), so his decisions affect everyone, in some form or another.

With the Iraq war it's just to difficult and dangerous to distribute Iraq's oil in ideal volumes, with the pipeline bombings (almost certainly caused by americas occupation) and the breakdown in Infrastructure caused by america etc.

Iraq has the second largest oil reserves, so if america got it's ass out of a country it was illegally invading, then oil production and distribution would return to normal and hence fuel prices would go down.

to be honest i don't know that it would help oil production if the US left Iraq, what i think GWB should have done was to look back at what happend in the 90's with the Kuwait invasion and the destroying of the oil pipes, he should have foreseen that this would or could occur, and proper protection of this infrastructure should have been in place from the beginning. it wasn't and thats why we have this situation now, bad planning and bad execution of the plan which means we're all paying for it now.

i'm suprised that oil prices haven't really played a part in the upcoming elections, with oil for december sale at $55 a barrell and heading upwards i'd hate to see what happens when it get's to $70, that'll = more money being spent on fuel and energy bills by US citizens and less money for other things. strange what some people find imporant to there nation.

[herpa2003]

Bush is easily the most powerful man in the world (unfortunately), so his decisions affect everyone, in some form or another.

With the Iraq war it's just to difficult and dangerous to distribute Iraq's oil in ideal volumes, with the pipeline bombings (almost certainly caused by americas occupation) and the breakdown in Infrastructure caused by america etc.

Iraq has the second largest oil reserves, so if america got it's ass out of a country it was illegally invading, then oil production and distribution would return to normal and hence fuel prices would go down.

Once again, its not just Iraq. Yukos, fighting in Africa, and natural disaster have contributed to the rising oil costs.

Bush proposed drilling for oil in Alaska a little while back, but the democrats like Kerry voted against that policy.

strange what some people find imporant to there nation.

I'm sure people care more about national security then they do gas prices...

[Longreach747]

Bush is easily the most powerful man in the world (unfortunately), so his decisions affect everyone, in some form or another.

With the Iraq war it's just to difficult and dangerous to distribute Iraq's oil in ideal volumes, with the pipeline bombings (almost certainly caused by americas occupation) and the breakdown in Infrastructure caused by america etc.

Iraq has the second largest oil reserves, so if america got it's ass out of a country it was illegally invading, then oil production and distribution would return to normal and hence fuel prices would go down.

Once again, its not just Iraq. Yukos, fighting in Africa, and natural disaster have contributed to the rising oil costs.

Bush proposed drilling for oil in Alaska a little while back, but the democrats like Kerry voted against that policy.

strange what some people find imporant to there nation.

I'm sure people care more about national security then they do gas prices...

from what i've seen the economy rates pretty low in the upcoming elections, quite sad, considering if the cost of oil get's to high it will have HUGE effects on your economy, not just gas and energy prices, but food prices, everyday living costs, job losses, economy stops growing, taxes rise, it's a whole lot more than the cost of filling your car with fuel, but you've probably not realised that yet!

the higher the barrell price gets, the higher the inflationary effect, and that is something you should be very concerned about.

[ptbodale]

Yes Bush wants to drill in Alaska, in an environmentally sensitive area that Alaska shares with the Yukon.

Canada opposes drilling in this area as it will be detrimental to the animals and the environment, not to mention the difficulty of moving the oil out of Alaska to the lower 48.

[B757300]

Canada opposes drilling in this area as it will be detrimental to the animals and the environment, not to mention the difficulty of moving the oil out of Alaska to the lower 48.

Guess you've never seen anything about the Alaska Pipeline that runs from the North Slope to Valdez? The drilling has done little damage and animals actually like to live around the pipeline because it is warm year around. The Caribou population around the pipeline has increased year after year since it was built. If done correctly, oil drilling is not environmentally dangerous.
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Oh, and for all you morons who think Halliburton is making money off the high price of oil, think again. They are NOT an oil company like ExxonMobil or BP. They are a service company. In other words, their job is to maintain equipment and provide support for their clients. Of course why let facts get in the way of a good kool aid drinking conspiracy theory?

[A340_flyer]

It took an episode of verbal diarrhea from the Down Under leftists to bring about the decline of a until-then normal thread...

Strangely, I was arguing with a Bush-supporter over on another forum over the Iraq war and he too resorted to calling me a ‘leftist’. But after taking a political ideology test I ended up being on the economic right-of-centre while he (the Bush supporter) was in fact just left-of-centre economically.

Meanwhile, Australia and New Zealand have among the freest and most competitive economies in the world. And the vast majority down under strongly support that.

If you’re still scratching your head trying to figure out what this all means I’ll make it simple. Know what a leftist is before excessively using the word and making a fool out of yourself. And you don’t have to be a leftist to disagree with Bush’s dodgy agenda.

[MD11Forever]

Ahhh yes another thread at JPnet descends into political debate.
I will be sooooo glad when the elections are over with.
But I suppose then JPnet'll be full of threads complaining about whoever wins.

Just instigating, guys. It is good to read all the different viewpoints from around the world...I know what mine is, but I find it interesting how one's location on Earth results in differing views...