Very very insightful in the regard to profit margins, and how close and tight the profit margins have become. Therefore the rise in cost for energy and raw materials really causes major price changes... very very insightful!
There is more oil under North America than all the Middle East.
Its the control of oil... and also oil being the reserve currency of the world (america has forced other countries to sell oil in the dollar for about 60 years or more)
this has cause the dollar to be so strong...
this is changing... other countries are starting to sell oil in other currencies... this caues the dollar (to not be the world reserve currency)
@stillessence Are you retarded. There is no such thing as peak oil? The term peak oil refers to the MAXIMUM amount of oil that you can find on the earth. Every resource on the planet has a limit so therefore its maximum yield will have a peak then a decline. Even if there is oil under the US. Its a dangerous resource that drives money... it pushes a system that requires infinite growth. YOU CANNOT SUSTAIN THAT. Human population cannot sustain that as well.
@masterscheme1 I concede... your right... in theory there is such a thing at peak oil... in practice were no where near it... actually in theory you may be wrong... as there may be rivers of untapped oil... look up "russian tectonic plate oil" but that's not the point... the point is you have a lot to learn... the 10 seconds i was on your youtube page it looks like your in college or haven't gotten there.. the nations of the world could have left oil 40 years ago... wake up... its about control
@stillessence I don't use you tube as a means for political movement. Even though You tube will be one of the contributing agents towards true world democracy. I am in fact 31. I have a family I've served in the United States Marines and in Iraq. I am young at heart though And I use You tube to indulge in things I enjoy. Technology being one of them I closely pay attention to burgening tech. Doing that you notice how innefficent things are now and questiion y my country invaded iraq really.
@masterscheme1 I am very glad to hear of what you have done. I apologize if I said things I shouldn't. I am glad you have served your country and I am glad you have a family. I live in Virginia, I graduated from Virginia Tech.. I am 30 and have two kids also. I question many if not most of the things our "government does" I do not question the people or fabric of America... as most are good at heart. We are/were a world super power. Things are changing... did we not train Osama?
@stillessence I also recognize the time honored tactic of discrediting the message by discrediting the messenger lol. Which you have attempted to do. But it still doesn't change my point. There are 2 many downsides to Oil and 2 many other more viable options long term. There are many calculations that go into seeing how much we have left. But its not how much we have left. Its how much PROFIT in how much we have left. If it takes more to drill it that to sell it... those areas are non viable.
@masterscheme1 I agree... I don't doubt the stuff about oil.. outside the fact we are sitting on more oil than all the middle east. The real truth is, we have plenty of other technologies we can use... but it is better for power elite to control oil (the true money of the world) and suppress new technologies. I honestly am not looking to argue with you... especially if your willing to fight and die for your family and country. Lets argue out the truth together and let us reason with one anthr
@masterscheme1 I agree my brother we can only survive together. I admit my technical skills aren't up the par. And Science greatest saving grace is that fact that everything in it can be falsifiable. Later proven wrong that is. And we must scrutinize it to make sure we are not getting snake oil. I'm just a bit more on the optimistic side of things. So until I actually see it I usually give things the benifit of the doubt. Its selfish because I want my son to have a good life. lol. Hope does that
Driving season , hope, slightly weaker $,more hope , often the largest speculators are banks and oil producers . Oil was a lil to cheap ? lots of man power in a barrel of oil ,also world oil supplies in storage have reduced 2 weeks straight ??w/e
all these made oil go up , opec can make price anything they want it to be .
$145 was oil embargo ,political
To get oil prices up ,i guess if it doubles the cost , then burning the oil ,would also pay off for papa smurf wouldnt be 1st time
Very very insightful in the regard to profit margins, and how close and tight the profit margins have become. Therefore the rise in cost for energy and raw materials really causes major price changes... very very insightful!
stillessence 1 year ago
There is no such thing as peak oil...
There is more oil under North America than all the Middle East.
Its the control of oil... and also oil being the reserve currency of the world (america has forced other countries to sell oil in the dollar for about 60 years or more)
this has cause the dollar to be so strong...
this is changing... other countries are starting to sell oil in other currencies... this caues the dollar (to not be the world reserve currency)
stillessence 1 year ago
@stillessence Are you retarded. There is no such thing as peak oil? The term peak oil refers to the MAXIMUM amount of oil that you can find on the earth. Every resource on the planet has a limit so therefore its maximum yield will have a peak then a decline. Even if there is oil under the US. Its a dangerous resource that drives money... it pushes a system that requires infinite growth. YOU CANNOT SUSTAIN THAT. Human population cannot sustain that as well.
masterscheme1 1 year ago
@masterscheme1 I concede... your right... in theory there is such a thing at peak oil... in practice were no where near it... actually in theory you may be wrong... as there may be rivers of untapped oil... look up "russian tectonic plate oil" but that's not the point... the point is you have a lot to learn... the 10 seconds i was on your youtube page it looks like your in college or haven't gotten there.. the nations of the world could have left oil 40 years ago... wake up... its about control
stillessence 1 year ago
@stillessence I don't use you tube as a means for political movement. Even though You tube will be one of the contributing agents towards true world democracy. I am in fact 31. I have a family I've served in the United States Marines and in Iraq. I am young at heart though And I use You tube to indulge in things I enjoy. Technology being one of them I closely pay attention to burgening tech. Doing that you notice how innefficent things are now and questiion y my country invaded iraq really.
masterscheme1 1 year ago
@masterscheme1 I am very glad to hear of what you have done. I apologize if I said things I shouldn't. I am glad you have served your country and I am glad you have a family. I live in Virginia, I graduated from Virginia Tech.. I am 30 and have two kids also. I question many if not most of the things our "government does" I do not question the people or fabric of America... as most are good at heart. We are/were a world super power. Things are changing... did we not train Osama?
stillessence 1 year ago
@stillessence I also recognize the time honored tactic of discrediting the message by discrediting the messenger lol. Which you have attempted to do. But it still doesn't change my point. There are 2 many downsides to Oil and 2 many other more viable options long term. There are many calculations that go into seeing how much we have left. But its not how much we have left. Its how much PROFIT in how much we have left. If it takes more to drill it that to sell it... those areas are non viable.
masterscheme1 1 year ago
@masterscheme1 I agree... I don't doubt the stuff about oil.. outside the fact we are sitting on more oil than all the middle east. The real truth is, we have plenty of other technologies we can use... but it is better for power elite to control oil (the true money of the world) and suppress new technologies. I honestly am not looking to argue with you... especially if your willing to fight and die for your family and country. Lets argue out the truth together and let us reason with one anthr
stillessence 1 year ago
@masterscheme1 my name is dallaswoody add me on facebook and we can chat...
I want what is best... and I live by what is right. I am sure that you will find that I am more than reasonable.
stillessence 1 year ago
@masterscheme1 I agree my brother we can only survive together. I admit my technical skills aren't up the par. And Science greatest saving grace is that fact that everything in it can be falsifiable. Later proven wrong that is. And we must scrutinize it to make sure we are not getting snake oil. I'm just a bit more on the optimistic side of things. So until I actually see it I usually give things the benifit of the doubt. Its selfish because I want my son to have a good life. lol. Hope does that
masterscheme1 1 year ago
@masterscheme1 Don't really facebook or twitter.... yet. But I'll make one and eventually you'll hear from me I promise.
masterscheme1 1 year ago
Driving season , hope, slightly weaker $,more hope , often the largest speculators are banks and oil producers . Oil was a lil to cheap ? lots of man power in a barrel of oil ,also world oil supplies in storage have reduced 2 weeks straight ??w/e
all these made oil go up , opec can make price anything they want it to be .
$145 was oil embargo ,political
To get oil prices up ,i guess if it doubles the cost , then burning the oil ,would also pay off for papa smurf wouldnt be 1st time
Speaksforthetrees 2 years ago
The $ is stronger than it was in 2007 . Damn as a brit i used to get $2 Monopoly dollars for one real money UK pound ,lol .
Now we only get 1.6 , and that only $ has weakened some lately ,was as low as 1.2 .
Now that alone would make oil cheaper ,dependant on other factors,normal market day a strengthening $ lowers oil price.
Printing money is making stuff more expensive ..which is more bullshit realy -(.
And we know that $145 destroyed world economy over $60 hurts airlines and farmers .
Speaksforthetrees 2 years ago
yes thats right you are getting my main point that to sustain 70 dollare oil is alot more than just a litle higer gas prices
HomesteadAcres 2 years ago
I think in next few years we look back and think of $70 as the good old days -( .
Speaksforthetrees 2 years ago
Prices will have to go up accordingly with energy cost.
shaurz 2 years ago
the speculaters are back at it again. 100 dollar barrel coming soon
llshamelessll 2 years ago