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AlphaFalfa
imagine


Registered: 06/16/08
Posts: 3,857
Loc: 3 Seconds Ago.
Last seen: 10 years, 2 months
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Oil is going up in a few days. Saudi Protest.
#14068759 - 03/04/11 10:38 PM (13 years, 2 months ago) |
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The situation in the middle east if out of control.
Fuck, i wish the damn economy wasn't so dependent on oil.....
What are your predictions on the distress and protests?
How long are they going to last and what are the reprucussions for people of the west?
-------------------- if you ever feel lost, just remember, life is not a journey, it is entertainment, all 4 fun...
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DieCommie

Registered: 12/11/03
Posts: 29,258
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Re: Oil is going up in a few days. Saudi Protest. [Re: AlphaFalfa]
#14068767 - 03/04/11 10:39 PM (13 years, 2 months ago) |
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Quote:
Fuck, i wish the damn economy wasn't so dependent on oil.....
Me too. Isnt this just the kind of thing that would help change that dependency?
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Goldboy
Stranger
Registered: 11/22/10
Posts: 50
Last seen: 13 years, 2 months
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Re: Oil is going up in a few days. Saudi Protest. [Re: DieCommie]
#14068865 - 03/04/11 11:01 PM (13 years, 2 months ago) |
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This is all just good reasons the oil companies can use to jack the fuel prices.
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DieCommie

Registered: 12/11/03
Posts: 29,258
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Re: Oil is going up in a few days. Saudi Protest. [Re: Goldboy]
#14068896 - 03/04/11 11:06 PM (13 years, 2 months ago) |
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They don't need a reason to do that. Well, thats not quite true - the only reason they need, and the only real reason there is to jack up prices is if you the consumer are willing to pay it.
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ScavengerType


Registered: 01/24/08
Posts: 5,784
Loc: The North
Last seen: 10 years, 6 months
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Re: Oil is going up in a few days. Saudi Protest. [Re: Goldboy]
#14068901 - 03/04/11 11:07 PM (13 years, 2 months ago) |
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I'm fine, I'll wait it out. If they get democracy it is worth every penny. Hell of a lot cheaper than that ridiculous war in Iraq.
-------------------- "Have you ever seen what happens when a grenade goes off in a school? Do you really know what you’re doing when you order shock and awe? Are you prepared to kneel beside a dying soldier and tell him why he went to Iraq, or why he went to any war?" "The things that are done in the name of the shareholder are, to me, as terrifying as the things that are done—dare I say it—in the name of God. Montesquieu said, "There have never been so many civil wars as in the Kingdom of God." And I begin to feel that’s true. The shareholder is the excuse for everything." - Author and former M6/M5 agent John le Carré on Democracy Now. Conquer's Club
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zorbman
blarrr


Registered: 06/04/04
Posts: 5,952
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Re: Oil is going up in a few days. Saudi Protest. [Re: AlphaFalfa]
#14068956 - 03/04/11 11:20 PM (13 years, 2 months ago) |
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I have no idea whatsoever.
-------------------- “The crisis takes a much longer time coming than you think, and then it happens much faster than you would have thought.” -- Rudiger Dornbusch
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AlphaFalfa
imagine


Registered: 06/16/08
Posts: 3,857
Loc: 3 Seconds Ago.
Last seen: 10 years, 2 months
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Re: Oil is going up in a few days. Saudi Protest. [Re: DieCommie]
#14069214 - 03/05/11 12:36 AM (13 years, 2 months ago) |
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Quote:
DieCommie said:
Quote:
Fuck, i wish the damn economy wasn't so dependent on oil.....
Me too. Isnt this just the kind of thing that would help change that dependency?
Go on, please.
-------------------- if you ever feel lost, just remember, life is not a journey, it is entertainment, all 4 fun...
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AlphaFalfa
imagine


Registered: 06/16/08
Posts: 3,857
Loc: 3 Seconds Ago.
Last seen: 10 years, 2 months
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Re: Oil is going up in a few days. Saudi Protest. [Re: zorbman]
#14069218 - 03/05/11 12:37 AM (13 years, 2 months ago) |
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Quote:
zorbman said: I have no idea whatsoever. 
Nice.
Me to sometimes.
-------------------- if you ever feel lost, just remember, life is not a journey, it is entertainment, all 4 fun...
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AlphaFalfa
imagine


Registered: 06/16/08
Posts: 3,857
Loc: 3 Seconds Ago.
Last seen: 10 years, 2 months
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Re: Oil is going up in a few days. Saudi Protest. [Re: ScavengerType]
#14069222 - 03/05/11 12:38 AM (13 years, 2 months ago) |
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Quote:
ScavengerType said: I'm fine, I'll wait it out. If they get democracy it is worth every penny. Hell of a lot cheaper than that ridiculous war in Iraq.
Why are you fine?
What kind of livelihood do you have that doesn't depend on the economy?
You do know that if a civil war opens up in saudi arabia, it will last for a long while and seriously disrupt the economy.
i hope i don't sound like i am criticizing anybody, i just kind of skip the small talk.
-------------------- if you ever feel lost, just remember, life is not a journey, it is entertainment, all 4 fun...
Edited by AlphaFalfa (03/05/11 12:39 AM)
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ScavengerType


Registered: 01/24/08
Posts: 5,784
Loc: The North
Last seen: 10 years, 6 months
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Re: Oil is going up in a few days. Saudi Protest. [Re: AlphaFalfa]
#14069290 - 03/05/11 01:02 AM (13 years, 2 months ago) |
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Are you kidding? If oil goes up Alberta will flare up like nuts for employment. I'll probibly have people begging me to come and work there. Still, I live near an electric based mass transit system where little if any of the electricity comes from oil. Some commodities that take oil to produce or get to market will maybe go up in price, but realistically I'm unphased by nominal price increases... at least for myself. We could realistically see food riots because of this in some developing nations but after last years supply based shortages, it's not surprising.
-------------------- "Have you ever seen what happens when a grenade goes off in a school? Do you really know what you’re doing when you order shock and awe? Are you prepared to kneel beside a dying soldier and tell him why he went to Iraq, or why he went to any war?" "The things that are done in the name of the shareholder are, to me, as terrifying as the things that are done—dare I say it—in the name of God. Montesquieu said, "There have never been so many civil wars as in the Kingdom of God." And I begin to feel that’s true. The shareholder is the excuse for everything." - Author and former M6/M5 agent John le Carré on Democracy Now. Conquer's Club
Edited by ScavengerType (03/05/11 01:03 AM)
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AlphaFalfa
imagine


Registered: 06/16/08
Posts: 3,857
Loc: 3 Seconds Ago.
Last seen: 10 years, 2 months
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Re: Oil is going up in a few days. Saudi Protest. [Re: ScavengerType]
#14069309 - 03/05/11 01:08 AM (13 years, 2 months ago) |
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Quote:
ScavengerType said: Are you kidding? If oil goes up Alberta will flare up like nuts for employment. I'll probibly have people begging me to come and work there. Still, I live near an electric based mass transit system where little if any of the electricity comes from oil. Some commodities that take oil to produce or get to market will maybe go up in price, but realistically I'm unphased by nominal price increases... at least for myself. We could realistically see food riots because of this in some developing nations but after last years supply based shortages, it's not surprising.
Wait, what makes you think that employment levels will rise in alberta?
More production in the tar sands?
i don't buy it.
Whats the reason for your conclusion?
is there any previous examples that we can work from ?
-------------------- if you ever feel lost, just remember, life is not a journey, it is entertainment, all 4 fun...
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ScavengerType


Registered: 01/24/08
Posts: 5,784
Loc: The North
Last seen: 10 years, 6 months
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Re: Oil is going up in a few days. Saudi Protest. [Re: AlphaFalfa]
#14069935 - 03/05/11 08:16 AM (13 years, 2 months ago) |
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Yea more production in the tar sands and everything else that jizzes out crude oil all over the flat barren canola-scape (just saying there is more than just the tar sands, though the tar sands are massive). Besides I am doubtful that any prolonged unrest could/would happen in Saudi Arabia between the SA military and the US. It's unlikely that it will turn into Libya.
-------------------- "Have you ever seen what happens when a grenade goes off in a school? Do you really know what you’re doing when you order shock and awe? Are you prepared to kneel beside a dying soldier and tell him why he went to Iraq, or why he went to any war?" "The things that are done in the name of the shareholder are, to me, as terrifying as the things that are done—dare I say it—in the name of God. Montesquieu said, "There have never been so many civil wars as in the Kingdom of God." And I begin to feel that’s true. The shareholder is the excuse for everything." - Author and former M6/M5 agent John le Carré on Democracy Now. Conquer's Club
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DieCommie

Registered: 12/11/03
Posts: 29,258
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Re: Oil is going up in a few days. Saudi Protest. [Re: AlphaFalfa]
#14070139 - 03/05/11 09:58 AM (13 years, 2 months ago) |
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Quote:
AlphaFalfa said:
Quote:
DieCommie said:
Quote:
Fuck, i wish the damn economy wasn't so dependent on oil.....
Me too. Isnt this just the kind of thing that would help change that dependency?
Go on, please.
When oil is expensive there is economic incentive to develop alternative energy sources. Oil has been cheap for the past hundred years, that is why there has been low incentive. With respect to ending dependency on oil, high oil prices is the best thing that could happen. We just have to work to make sure that it happens gradually and regularly enough that individuals and corporations can cope with the change. I think it will.
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zappaisgod
horrid asshole


Registered: 02/11/04
Posts: 81,741
Loc: Fractallife's gym
Last seen: 7 years, 11 months
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Re: Oil is going up in a few days. Saudi Protest. [Re: ScavengerType]
#14070694 - 03/05/11 12:22 PM (13 years, 2 months ago) |
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Quote:
ScavengerType said: I'm fine, I'll wait it out. If they get democracy it is worth every penny. Hell of a lot cheaper than that ridiculous war in Iraq.
Iraq is a democracy. Do you think Iran is?
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AlphaFalfa
imagine


Registered: 06/16/08
Posts: 3,857
Loc: 3 Seconds Ago.
Last seen: 10 years, 2 months
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Re: Oil is going up in a few days. Saudi Protest. [Re: DieCommie]
#14070777 - 03/05/11 12:41 PM (13 years, 2 months ago) |
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Energy is but a fraction of what we derive from oil and natural gas.
The problem with oil is that its derivatives are used in almost all industrial processes; from food additives, to agricultural chemicals to plastics to pharmaceuticals to personal care products.
That's why oil has such a far expansive impact on our economy.
Nitrogen fertilizer, derived primarily through natural gas, is a commodity that is largely pegged to the price of oil.
Natural gas prices and oil prices share a very tight relationship.
Almost all pharmaceuticals and pesticides are created through derivatives of oil.
The list expands to almost all aspects of life and certainly covers the most important.
-------------------- if you ever feel lost, just remember, life is not a journey, it is entertainment, all 4 fun...
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DieCommie

Registered: 12/11/03
Posts: 29,258
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Re: Oil is going up in a few days. Saudi Protest. [Re: AlphaFalfa]
#14070786 - 03/05/11 12:44 PM (13 years, 2 months ago) |
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Yea, but enough energy could nearly supplant the need of fossil fuels. If we develop nuclear fusion, we can synthesize just about any hydrocarbon we want from the waste products. But in lieu of that silver bullet, high oil prices will spur the development of not only alternative energy sources but also alternative hydrocarbon sources.
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ScavengerType


Registered: 01/24/08
Posts: 5,784
Loc: The North
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Re: Oil is going up in a few days. Saudi Protest. [Re: DieCommie]
#14071469 - 03/05/11 03:39 PM (13 years, 2 months ago) |
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What is the status of these SA protests? I haven't heard of any thing more than simple protests. Are there deaths? How many people? Is there any area where culmination and gathering of the protesters is constant?
-------------------- "Have you ever seen what happens when a grenade goes off in a school? Do you really know what you’re doing when you order shock and awe? Are you prepared to kneel beside a dying soldier and tell him why he went to Iraq, or why he went to any war?" "The things that are done in the name of the shareholder are, to me, as terrifying as the things that are done—dare I say it—in the name of God. Montesquieu said, "There have never been so many civil wars as in the Kingdom of God." And I begin to feel that’s true. The shareholder is the excuse for everything." - Author and former M6/M5 agent John le Carré on Democracy Now. Conquer's Club
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d33p
Welcome to Violence

Registered: 07/12/03
Posts: 5,381
Loc: the shores of Tripoli
Last seen: 11 years, 3 days
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Re: Oil is going up in a few days. Saudi Protest. [Re: ScavengerType]
#14071529 - 03/05/11 03:55 PM (13 years, 2 months ago) |
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Quote:
ScavengerType said: What is the status of these SA protests? I haven't heard of any thing more than simple protests. Are there deaths? How many people? Is there any area where culmination and gathering of the protesters is constant?
The Kingdom just banned all demonstrations. Violators face arrest.
But no bother, the Saudi stock market is up and the panem et circenses are being distributed.
-------------------- I'm a nihilist. Lets be friends. bang bang
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BothHands
Dog Coffee



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Re: Oil is going up in a few days. Saudi Protest. [Re: DieCommie]
#14071566 - 03/05/11 04:03 PM (13 years, 2 months ago) |
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Quote:
DieCommie said: When oil is expensive there is economic incentive to develop alternative energy sources. Oil has been cheap for the past hundred years, that is why there has been low incentive. With respect to ending dependency on oil, high oil prices is the best thing that could happen. We just have to work to make sure that it happens gradually and regularly enough that individuals and corporations can cope with the change. I think it will.
I think it's far more likely that we'll just start drilling up Alaska and our oceans. Eventually that'll lead to another spill, which will cause even more damage to the economy. But as a nation we're far too near sighted to care about that.
After all, the "drill baby drill" party is probably going to be in office in 2012.
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AlphaFalfa
imagine


Registered: 06/16/08
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Re: Oil is going up in a few days. Saudi Protest. [Re: d33p]
#14071570 - 03/05/11 04:03 PM (13 years, 2 months ago) |
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The saudi's banned demonstrations.
Meaning that they are threatening people by force not to protest.
Not sure if thats going to stop the protests.
Keep in mind when thinking about this issue that 35% of people aged 15-25 are unemployed.
Its a messy situation.
-------------------- if you ever feel lost, just remember, life is not a journey, it is entertainment, all 4 fun...
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