Automotive News, Media & Press - OPEC Twists the Knife into the World....

Ok yeah this makes sense, cut production when inventories are low and keep those energy prices up :mad:

http://www.usatoday.com/money/industries/energy/2004-03-31-oil_x.htm


fuckers

fuckers is correct

Nuke 'em all!!! :kali: OPEC :bigun2:

When do we get to get all the oil from Iraq?

Just another fucking way the Arabs are trying to hurt the United States.

Fuck those cocksuckers.

I don't understand why Kuwait and Iraq woun't held up out with our oil problem didn't we help them a couple of times? Or did I dream both wars? :confused: And the Saudi's, I don't know what their problem is, slowly but surely they are really getting to be assholes!Time to :twak:

There will come a time when their greed will create a worldwide depression, and there will be military action taken, or there will be no customers for their black gold, leaving them with no alternative but to drink the stuff...

There will come a time when their greed will create a worldwide depression, and there will be military action taken, or there will be no customers for their black gold, leaving them with no alternative but to drink the stuff...

Much truth to this, although the timeframe maybe long. These asswipes are hypocrites, last year they vowed to "stabilize" prices for the benefit of the OPEC countires AND consumers. Even on their website they make it sound like their mission statement is noble and to be sensitive to the worlds needs.

I'm with the Colonel on this one, time to take :guns: action.

Greedy little camel jockeys, eh?!

There will come a time when their greed will create a worldwide depression, and there will be military action taken, or there will be no customers for their black gold, leaving them with no alternative but to drink the stuff...

I wonder what's gonna happen when we start using hydrogen fuel, aren't cars supposed to come out 2010 that are powered by hydrogen fuel?

i say we tap into the 23 million acre reserve we have in Alaska that we haven't touched in its 80 some odd years of existence, only purchase small amounts from opec, let their pockets hurt and show them that "homey don't play dat!" id say that would work better than nukin em or using military force cause well u know ignited the oil fields would only hurt us just as much as them. and military action considering we have troops all over the place already...a "war for oil" would be slightly less desirable if you take a quick look at the maps of where our troops are you'd drop a poop nugget into your sock

Just another fucking way the Arabs are trying to hurt the United States.

Fuck those cocksuckers.

This is an ignorant statement that is not American. We are proud to be Americans because we have many values such as not stereotyping a group of people based on the actions of a few. And if the concern is gas prices, OPEC provides us with a commodity that results in gas prices of around $2.00 a gallon. Go check what people in other countries like Germany pay, try like double our cost. Better yet, check what the people of Iraq are paying right now, try like $4.00 (American dollars) a LITER! Thats around $16.00 a gallon. However, complain all you want on prices, I do it myself. But lets just remember why we are proud to be Americans.

I wonder what's gonna happen when we start using hydrogen fuel, aren't cars supposed to come out 2010 that are powered by hydrogen fuel?

I predict that by 2025 no new cars will be gasoline powered. Hydrogen power is te future, no doubt about it.

They're doing it on purpose -- their reason is simple -- to try to get Bush defeated this fall.

This is an ignorant statement that is not American. We are proud to be Americans because we have many values such as not stereotyping a group of people based on the actions of a few. And if the concern is gas prices, OPEC provides us with a commodity that results in gas prices of around $2.00 a gallon. Go check what people in other countries like Germany pay, try like double our cost. Better yet, check what the people of Iraq are paying right now, try like $4.00 (American dollars) a LITER! Thats around $16.00 a gallon. However, complain all you want on prices, I do it myself. But lets just remember why we are proud to be Americans.


The reason other countries pay more is taxes. They don't pay the Arabs any more for oil than we do, their governments just tax at a much higher rate than ours does. As bad as our gas taxes are, most every other country is much higher.

There will also be a mass quantity of electric hybrids coming out in the near future as well which will cut down on gas use...

Hell, I may by one myself before i'll pay 3-5 bucks a gallon...

i really don't believe drilling in alaska will help anything. the statement that got me the most was, "While expressing concern about rising gasoline prices, the White House raised no public objections to OPEC's decision to tighten its oil supply curbs."

why not raise objections? concern means nothing, we are a strong nation, by not using the strenght to help are people, what are we really doing? all i know is that i have to use my car, but the price to kept it going is getting to be outside my budget, when is something going to be done to stop the crazy rise???????

The reason other countries pay more is taxes. They don't pay the Arabs any more for oil than we do, their governments just tax at a much higher rate than ours does. As bad as our gas taxes are, most every other country is much higher.

Yes you are right about the taxes, and by the way, WE pay about 40 cents a gallon in tax to our government on every gallon we purchase. Some countries charge more and some charge less. And yes, the actual cost for a barrell of oil is the same for everyone, but there are other costs involved in these large quantity transactions. Another thing to note is that a good portion of our oil comes from non "Arab" countries like Venezuela.

There will also be a mass quantity of electric hybrids coming out in the near future as well which will cut down on gas use...

Hell, I may by one myself before i'll pay 3-5 bucks a gallon...


I agree, I'll just have to drop a big ass electric motor in it :judge: One of them big 75hp industrial ones :D

here's the list of taxes by state
http://www.newyorkgasprices.com/tax_info.asp

i don't know how correct this is

Sorry but Venezuela is a member of opec, along with Libyia, Nigeria,and several other non arab countries.

Keep it simple:
Food for oil. Period. No questions asked. They gotta eat..................feed them pork by-products !

Sorry but Venezuela is a member of opec, along with Libyia, Nigeria,and several other non arab countries.

What?? You are right, and thats what I said. I know Venezuela is a member of OPEC. I only said that Venezuela is a non-Arab country. I was making distinction between Arab countries and OPEC because these terms are not synonomous. Earlier in this post, these terms were being used synonomously.

They're doing it on purpose -- their reason is simple -- to try to get Bush defeated this fall.

I agree. What better way to make G-Dub look like a jackass then dangle the 'ol Black Gold in front of his face till he bites...Great, just what we need right now...

4 contractors die today as a result of a rebel assault/ambush and we want to bitch about gas prices?? You think those guys' kids give a flying fuck about gas prices right now?? You think the car that was dragging one of their dead bodies through the street should have been hydrogen powered to help save some $$$??? Seems to me, somebody's priorities are way out of whack...just my $.02


Clint

This is an ignorant statement that is not American. We are proud to be Americans because we have many values such as not stereotyping a group of people based on the actions of a few. And if the concern is gas prices, OPEC provides us with a commodity that results in gas prices of around $2.00 a gallon. Go check what people in other countries like Germany pay, try like double our cost. Better yet, check what the people of Iraq are paying right now, try like $4.00 (American dollars) a LITER! Thats around $16.00 a gallon. However, complain all you want on prices, I do it myself. But lets just remember why we are proud to be Americans.

Get real man. "stereotyping a group of people based on the actions of a few"?
It's common knowledge the entire Middle East pretty much hates the United States and what we stand for. Even our so called "allies".
They're just trying to control the US economy.

They're doing it on purpose -- their reason is simple -- to try to get Bush defeated this fall.
You're absolutely correct.The sheep in our country will blame it on Bush just like everything else that is bad.I would hate to own a trucking company right now.It is effecting my business but truckers are really put in a bind in a low profit margin industry.I know it's not relevent to this thread but steel prices have went up 40% in the last 60 days with no end in site.These 2 things if left unchecked will put a hurtin on our economy.

Get real man. "stereotyping a group of people based on the actions of a few"?
It's common knowledge the entire Middle East pretty much hates the United States and what we stand for. Even our so called "allies".
They're just trying to control the US economy.

WRONG. A GOOD PORTION of the Middle East pretty much hates the Unites States for what they THINK we stand for. Much of it is ignorance. They are fed propaganda from their governments that lead them to believe information that is not correct. The US economy too strong to be significantly hurt by OPEC. There is more to life than oil.

OIL severely impacts the U.S. economy.

If you adjust for inflation gas prices today are cheaper than in the early 90's..

I cant belive people think this is a crisis.. must be because its a political year.. EVERYTHING becomes a "crisis" as an excuse to finger point..

Yes, OPEC sucks.. what else is new.. besides if a bunch of Arabs want to get rid of a tough President then jacking oil prices in an election year would be a good way.. right?

Our buds the Saudi's are the ones pushing for the increase, and they are the MOST fearful of a sucessful democracy in the Middle East..

So obvious its painfull...

If you adjust for inflation gas prices today are cheaper than in the early 90's..

I cant belive people think this is a crisis.. must be because its a political year.. EVERYTHING becomes a "crisis" as an excuse to finger point..

Yes, OPEC sucks.. what else is new.. besides if a bunch of Arabs want to get rid of a tough President then jacking oil prices in an election year would be a good way.. right?

Our buds the Saudi's are the ones pushing for the increase, and they are the MOST fearful of a sucessful democracy in the Middle East..

So obvious its painfull...

That's true, with inflation, the prices aren't crazy (yet), but how do you expect people to react when a *correction in the market* happens OVERNIGHT?!

It's very understandable that people are reacting.

As for me, the media thing is a non factor. My adrenaline pumps along with the gasoline when I look at the price per gallon on the pump, not what I read in the papers. In fact, I expected MORE media frenzy on this spike.

I don't give two shits what the media says, all I care about are my gas-card debits when I review my account at he end of the month.

....The US economy too strong to be significantly hurt by OPEC....

That's a really bold statement. I disagree, but I hope I'm wrong and you're right.

Don't forget, we are a consumer driven economy, and the consumer's psyche is what makes them either take out their wallets, or leave 'em in their pockets.

Ok... here is how it works.. Lets assume you drive 10,000 miles a year:

If you get 22mpg then you would use 454 gallons of gas. If gas prices go up $.20 cents a gallon that would raise your cost of fuel $90 A YEAR.. or $7.50 a month (a whopping .25 cents a day)

If you moved to a car that got 28mpg you would only use 357 gallons of gas to go the same 10,000 miles. Saving 97 gallons of gas or about $194.00 at $2 per gallon. the increase in gas of $.20 would cost you ~$71 per year. So even a .40 a gallon increase would be offset by the $ you save buying a more efficent vehicle.

Its americans choice to drive gas guzzleing SUV and large trucks.. I get ticked when I see someone that owns a H2 complaining about the cost of gas.. I they were that concerned about it they should have bought a prius ;)

I dont like it going up either but im not about to start with the "sky is falling" because im spending .25 a day more on gas..

If you adjust for inflation gas prices today are cheaper than in the early 90's..

I cant belive people think this is a crisis.. must be because its a political year.. EVERYTHING becomes a "crisis" as an excuse to finger point..

Yes, OPEC sucks.. what else is new.. besides if a bunch of Arabs want to get rid of a tough President then jacking oil prices in an election year would be a good way.. right?

Our buds the Saudi's are the ones pushing for the increase, and they are the MOST fearful of a sucessful democracy in the Middle East..

So obvious its painfull...

You are EXACTLY right about everything.

So most of you agree that opec can control production, therefore prices at will, and there is nothing wrong with that . That same behavior in this country gets you prison time plus huge fines...Price fixing, conspiracy are crimes in the US....

So most of you agree that opec can control production, therefore prices at will, and there is nothing wrong with that . That same behavior in this country gets you prison time plus huge fines...Price fixing, conspiracy are crimes in the US....

Yes, I agree that OPEC has us by the short hairs and can control the $$ of oil with impunity.. is it right? no.. but thats life in the big city.

Note that OPEC is not in the US and not subject to our laws. Their sole goal is to make as much $$ as possible off oil and stay just short of causing a global ression that would lower thier profits..

Thats OPEC in general.. not to say that countries like Saudi Arabia would not enjoy a less active administration in office here in the US :)

Iraq isnt producing that much oil right now. By the end of the year Iraq should be up and running just fine with their oil market. You also have to remember that Saddam only sold about 4 percent of the oil they produced to the US. All the rest, Saddam sold on the black market.

Im not saying that this is the case, but theoretically once Iraq gets back on its feet, oil production wise, they will flood the world with oil. OPEC knows this. They are just taking advantage of the oppurtunity to profit immensly before this happens. I've heard anylists say that gas will hit 3 dollars/gallon in California in the summer.

OPEC cannot cripple the United States economy. Theirs will cripple LONG before ours if it ever got close to that point. They can only lower supply and up the price so much.

As for gas being so expensive in foreign countries, im willing to bet that 90 percent of those countries also tax the living shit out of gasoline.

And another thing, the administration of this country thinks that adding to our oil reserves is more important than American Citizens paying 3 dollars a gallon right now.

Once again.. adding or not adding to the strategic reserve will have almost ZERO effect on the price of a gallon of gas..

So we should risk National Security to lower gas prices a couple pennies? the total amount in strategic reserve is like a grain of sand on the beach compared to how much our country as a whole gobbles up..

Iraq isnt producing that much oil right now. By the end of the year Iraq should be up and running just fine with their oil market. You also have to remember that Saddam only sold about 4 percent of the oil they produced to the US. All the rest, Saddam sold on the black market.

Im not saying that this is the case, but theoretically once Iraq gets back on its feet, oil production wise, they will flood the world with oil. OPEC knows this. They are just taking advantage of the oppurtunity to profit immensly before this happens. I've heard anylists say that gas will hit 3 dollars/gallon in California in the summer.

OPEC cannot cripple the United States economy. Theirs will cripple LONG before ours if it ever got close to that point. They can only lower supply and up the price so much.

As for gas being so expensive in foreign countries, im willing to bet that 90 percent of those countries also tax the living shit out of gasoline.

And another thing, the administration of this country thinks that adding to our oil reserves is more important than American Citizens paying 3 dollars a gallon right now.

Iraq is a member of OPEC.

Here is the REAL reason gas prices are high:

http://energy.senate.gov/legislation/energybill/charts/chart8.pdf

And why we are at the mercy to some degree of OPEC.. :)

I did a quick check on a few of the opec countries price at the pump. Iran, Algeria, Nigeria, Venezuela all pay significally less than world market price for their gasoline.Iran is upset, because letting their people have cheap gas, encourages over use and means less available for export...Greedy mothers!!

ive heard one of the main problems is america simply does not have enough refineries to process the crude oil into gasoline to keep up with current demand, in fact a new crude oil refinery hasnt been built in the US in the past 20 years, most refineries are operating at or close to thier limits now. So really if opec did allow more crude oil to leave their countires it really wouldnt do us any good cause we wouldnt be able to refine it into the gasoline we need for our vehicles