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Post by thepapacy on Dec 27, 2015 16:33:55 GMT -8
What's the difference? Well, one doesn't scare you as much because Western politicians and the media turn a blind eye. theintercept.com/2015/12/18/heres-the-al-jazeera-article-on-saudi-arabia-you-cant-read-outside-the-u-s/"One of the defendants, Ali al-Nimr, was convicted of crimes such as “breaking allegiance with the ruler” and “going out to a number of marches, demonstrations and gathering against the state and repeating some chants against the state.” For these offenses, he has been sentenced to beheading and crucifixion, with his beheaded body to be put on public display as a warning to others."
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Post by AztecWilliam on Jan 30, 2016 2:16:25 GMT -8
As far as I'm concerned, Saudi Arabia is a loathsome country, run by a gang of totally corrupt and morally bankrupt gangsters. Being able to stick it to SA is a much more important reason to be independent of oil than as a measure to stop climate change.
AzWm
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Post by AlwaysAnAztec on Feb 2, 2016 13:26:29 GMT -8
As far as I'm concerned, Saudi Arabia is a loathsome country, run by a gang of totally corrupt and morally bankrupt gangsters. Being able to stick it to SA is a much more important reason to be independent of oil than as a measure to stop climate change. AzWm Can't say that I disagree. Though I wouldn't go back to "LA air" as a tradeoff.
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Post by sandiegopete on Feb 19, 2016 15:57:58 GMT -8
Today the United States is self sufficient in oil production and our needs for oil will continue to decline. There is no reason for us to be involved in the Middle East. I say let the various Muslim factions fight it out amongst themselves while we watch.
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Post by aztecwin on Feb 19, 2016 17:53:49 GMT -8
Today the United States is self sufficient in oil production and our needs for oil will continue to decline. There is no reason for us to be involved in the Middle East. I say let the various Muslim factions fight it out amongst themselves while we watch. Don't we all wish it were that simple? We have developed resources to the point we can be self sufficient but need prices high enough to makes those sources economically viable yet low enough to make Saudi Arabia and other Muslim countries pump them selves dry to get the income. Much more complicated than we see.
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Post by sandiegopete on Feb 19, 2016 18:50:40 GMT -8
The complicated part is that the price of oil is determined by the global market, not the domestic market. Our domestic demand for oil is continuing to drop due to various factors which I am sure you know. As our demand drops the impact of increased cost per barrel of crude will have diminished impact on our overall economy while adversely affecting the bottom line of those petroleum companies that fail to transition into other areas of energy production. As is intended under a capitalist system, those that change to keep pace with changing times will prosper and those that do not will suffer. That is how it should be: the market determines everything.
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Post by AztecWilliam on Feb 20, 2016 0:13:37 GMT -8
The complicated part is that the price of oil is determined by the global market, not the domestic market. Our domestic demand for oil is continuing to drop due to various factors which I am sure you know. As our demand drops the impact of increased cost per barrel of crude will have diminished impact on our overall economy while adversely affecting the bottom line of those petroleum companies that fail to transition into other areas of energy production. As is intended under a capitalist system, those that change to keep pace with changing times will prosper and those that do not will suffer. That is how it should be: the market determines everything. Well put! AzWm
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Post by aztecwin on Feb 20, 2016 9:22:39 GMT -8
The complicated part is that the price of oil is determined by the global market, not the domestic market. Our domestic demand for oil is continuing to drop due to various factors which I am sure you know. As our demand drops the impact of increased cost per barrel of crude will have diminished impact on our overall economy while adversely affecting the bottom line of those petroleum companies that fail to transition into other areas of energy production. As is intended under a capitalist system, those that change to keep pace with changing times will prosper and those that do not will suffer. That is how it should be: the market determines everything. Dang! Very well said. Now add in the part about keeping artificial factors or incentives out of the market and you have a winner.
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