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 Message Boards » » The Lies to Hike the Price of Oil / Peak Oil Scam Page 1 [2], Prev  
salisburyboy
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The environmentalist movement is a massive scam being used by the globalists for large land grabs and to justify population control and reduction. "Global warming" is part of the scam. There is no real global warming being caused by human use of "fossil fuels." Fluctuations in temperature are part of the earth's natural cycle. A major volcanic eruption causes as much or more pollution and CO2 emmision than the use of all "fossil fuels" by humans in a year.

10/18/2005 9:44:59 AM

DirtyGreek
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i love you, salisburyboy.

I think you're wrong, though. The jews actually are causing global warming in order to create more summer months, thereby causing women to wear skimpy clothing more often during the year. This will fuel the sexual desires of men more often, therefore, their agenda to pump the media full of sexual propaganda will go through more simply and the christian purity of American will quickly dissipate.

I'm surprised you don't see that. I think Alex Jones said it.

10/18/2005 10:11:07 AM

ddlakhan
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that is the greatest thing ive ever heard, i might just have to convert...

10/18/2005 10:36:15 AM

salisburyboy
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http://apnews.myway.com/article/20051027/D8DGL2502.html

Quote :
"Exxon Mobil Profit, Sales Soar to Records

Oct 27, 6:13 PM (ET)
By STEVE QUINN

DALLAS (AP) - Exxon Mobil Corp. (XOM) rewrote the corporate record books Thursday as the oil company's third-quarter earnings soared to almost $10 billion and it became the first public company ever with quarterly sales topping $100 billion. Anglo-Dutch competitor Royal Dutch Shell PLC (RDSA) wasn't far behind, posting a profit of $9 billion for the quarter."

10/28/2005 11:55:24 AM

salisburyboy
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BOTTOM LINE: The oil companies are a cartel (at the very least). There are only a few major oil companies, and these companies collude to set prices.

FWIW...

Memorandum for the Attorney General Relative to a Request for Grand Jury Authorization to Investigate the International Oil Cartel, June 24, 1952
http://www.mtholyoke.edu/acad/intrel/Petroleum/jury.htm

Quote :
"Investigations conducted by the Department of Justice, the Federal Trade Commission, the United States Senate's Special Committee Investigating the National Defense Program and the Swedish Oil Administration have revealed the existence of a series of agreements among the seven largest oil companies in the world to divide markets, to distribute on a quota basis, to fix prices and to control the production of oil throughout the world. These agreements are in violation of the antitrust laws of the United States.

The seven principal international oil companies are Standard Oil Company (New Jersey), Standard Oil Company of California, The Texas Company, Socony-Vacuum Oil Company, Inc., Gulf Oil Corporation, Royal Dutch Shell group and Anglo-Iranian Oil Company.

The facts subsequently set forth in this memorandum disclose that these companies have been engaged in arrangements, agreements and understandings which have been designed to and which in fact have restrained and monopolized foreign trade in crude oil and petroleum products, including the import and export trade of the United States."


[Edited on October 28, 2005 at 1:33 PM. Reason : 1]

10/28/2005 1:18:57 PM

LoneSnark
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Yea, but what have they done for me lately?

10/28/2005 7:11:44 PM

roddy
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Hurricane Beta is coming to the Gulf(perhaps, but it doesnt matter for Big Oil, if it comes within 500 miles of one rig, prices go up)....prepare for the gas price increase!!!!!!1111

[Edited on October 29, 2005 at 9:44 AM. Reason : w]

10/29/2005 9:43:18 AM

DirtyGreek
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H. RES. 507

Expressing the sense of the House of Representatives that the United States, in collaboration with other international allies, should establish an energy project with the magnitude, creativity, and sense of urgency that was incorporated in the `Man on the Moon' project to address the inevitable challenges of `Peak Oil'.

Quote :
"Expressing the sense of the House of Representatives that the United States, in collaboration with other international allies, should establish an energy project with the magnitude, creativity, and sense of urgency that was incorporated in the `Man on the Moon' project to address the inevitable challenges of `Peak Oil'.

Whereas the United States has only 2 percent of the world's oil reserves;

Whereas the United States produces 8 percent of the world's oil and consumes 25 percent of the world's oil, of which nearly 60 percent is imported from foreign countries;

Whereas developing countries around the world are increasing their demand for oil consumption at rapid rates; for example, the average consumption increase, by percentage, from 2003 to 2004 for the countries of Belarus, Kuwait, China, and Singapore was 15.9 percent;

Whereas the United States consumed more than 937,000,000 tonnes of oil in 2004, and that figure could rise in 2005 given previous projection trends;

Whereas, as fossil energy resources become depleted, new, highly efficient technologies will be required in order to sustainably tap replenishable resources;

Whereas the Shell Oil scientist M. King Hubbert accurately predicted that United States domestic production would peak in 1970, and a growing number of petroleum experts believe that the peak in the world's oil production (Peak Oil) is likely to occur in the next decade while demand continues to rise;

Whereas North American natural gas production has also peaked;

Whereas the United States is now the world's largest importer of both petroleum and natural gas;

Whereas the population of the United States is increasing by nearly 30,000,000 persons every decade;

Whereas the energy density in one barrel of oil is the equivalent of eight people working full time for one year;

Whereas affordable supplies of petroleum and natural gas are critical to national security and energy prosperity; and

Whereas the United States has approximately 250 years of coal at current consumption rates, but if that consumption rate is increased by 2 percent per year, coal reserves are reduced to 75 years: Now, therefore, be it

Resolved, That it is the sense of the House of Representatives that--

(1) in order to keep energy costs affordable, curb our environmental impact, and safeguard economic prosperity, including our trade deficit, the United States must move rapidly to increase the productivity with which it uses fossil fuel, and to accelerate the transition to renewable fuels and a sustainable, clean energy economy; and

(2) the United States, in collaboration with other international allies, should establish an energy project with the magnitude, creativity, and sense of urgency of the `Man on the Moon' project to develop a comprehensive plan to address the challenges presented by Peak Oil."


http://thomas.loc.gov/cgi-bin/query/z?c109:H.RES.507:

10/30/2005 9:24:10 AM

A Tanzarian
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So, how much profit is too much profit? According to Yahoo Business, here are the net profit margins for some of the major oil companies:

Shell: 6.34%
Sunoco: 3.30%
Tesoro: 4.56%
Valero: 4.70%
Marathon: 4.50%
BP: 6.62%
Chevron: 8.17%
Phillips: 7.51%
Exxon: 9.58%

Depending on the company, about 3-10 cents of every revenue dollar is profit. Not exactly what I would consider obscene. I think volume sales has a lot to do with oil profits.

Over the past quarter (July, August, September), the US consumed an average of 9,249,000 barrels of gas and 3,981,000 barrels of diesel a day at an average price of $2.560 and $2.564.

9,249,000 barrels/day * 42 gal/barrel * 90 days/qtr = 34,961,220,000 gallons of gas
3,981,000 barrels/day * 42 gal/barrel * 90 days/qtr = 15,048,180,000 gallons of diesel

That's 50,009,400,000 gallons over one quarter.

50,009,400,000 gallons * 2.56 $/gal = $128,024,064,000 in US sales of gas and diesel alone (not heating oil, propane, jet fuel, etc and nothing sold outside the country).

Gas companies make a lot because they sell a lot. To put it another way, gas companies make a lot because we buy a lot.

http://biz.yahoo.com/p/122conameu.html
http://biz.yahoo.com/p/120conameu.html
http://tonto.eia.doe.gov/oog/info/twip/twip_gasoline.html

10/30/2005 6:27:45 PM

Pupils DiL8t
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Now that the price of gas has dropped to 2.49, is it still too early for Salisburyboy to feel like a tool?

11/2/2005 10:36:21 AM

salisburyboy
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Oh, right. $2.49/gal is such a bargain. The oil companies aren't raking in near-monopoly level profits on that price. No way. And it's still 15-25 cents a gallon higher than before Katrina. Gas prices are SO low. I already feel like an idiot.

11/2/2005 11:10:32 AM

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