it's spelled SCHWULER!!!
(Schwuler = Fag in German)
Fixed.
I guess Chucky Skeemer missed the report last week that S. Arabia was considering cutting its oil output.
MEMO to Chucky: Take a bath in the pond scum you and your idol wish to promote as an alternative energy source.
it's spelled SCHWULER!!!(Schwuler = Fag in German)
maybe if he andBozo bow to the saudi king.
Now he begs the Saudis to pump more oil, as he realizes the GOP needs only 4 Senate seats to strip him of his Financial Chairmanship - his lifeline to Wall Street cash. And high gas prices would likely gain the GOP 6 or 7.
Democrat PANIC. It's a beautiful thing!
Commodities rarely participate in a free economic market as do manufactured widgets.
If one had a business where profits go up if production is reduced, because it creates shortages, would I be in a hurry to increase production because of what the politicians or the public wants?
Once the upward rise in price starts, it goes up even faster because the trend is the friend of investors and speculators will buy futures contracts of the product increasing demand. The reverse works too as it did with gold in the early 2000s when the miners sold their production forward to keep their head above water and maintain the POG.
If I sound like a cynical SOB it’s because I am. I’m not unconvinced that the situation to maintain tight supply in oil hasn’t been helped along for the last 10 years, from the Iraq War, Arab spring, Libya and now Iran. If some entity had the ability to make hundreds of billions off of world situations by creating shortages, would it happen?
No, Schmuckie, a Saudi oil boost would NOT calm markets because as soon as the Saudis increase oil production Ben Bernanke would print up a new batch of money and it would negate the tiny amount of oil that the Saudis could produce.
Schmuckie, if you want to boost oil supplies you need to tell Ken Salazar to open up more US land for drilling which would allow for the money spent on foreign oil to stay in America.
The real irony of it is his state is rich with Shale Gas.
Tangent to this is a plethora of advances in the drilling and extraction arena and application tech, i.e. LPG for Auto and Trucks.
These forces could literally be a paradigm changer and like the information age, we could have the Nat-Gas age and it could occur within States like NY, where it becomes energy independent as a State, and Chucky Baby will be sitting their with his fingers in his ears and never had a part in making it a reality. What a Putz..
On a lighter note, the co$t of bratwurst has tripled in Nuremburg, Germany due to the fact the sausage skins are from Iran and there is a shortage of them....
Libtards (speaking for America's "interests") = Charlie Brown.
Besides, if demand is down, yet prices continue to rise, how does the fool think a little more will help?
Every time the US “encourages” something from an unfriendly country, it ends up costing the taxpayers billions and makes the situation worse, not better.
Yesterday we saw stories about Dems literally BEGGING Obama to raid the SPR, today we see this.
Democrats know and understand that high gas prices this spring, mean DOOM for Democrats in November.
NOTHING matters but winning in November for Dems, no matter the cost to America.
Tomorrow Chuckie will be bewailing our trade deficit and how it is all the Republicans fault.
Hey Upchuck, we don’t need any more earthwarming fossil fuels.
Our house is self-sustaining, we just need to scrape the green algae
from the walls of our goldfish tank daily. The One said so. Gotta go,
I want to take a picture of that flying unicorn that just went by.