3 Ways to Lower Gas Prices
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let start with some facts that newt wont tell you! shale oil and sulfur oil and tar oil IS BULLSHIT THERE COULD BE BILLIONS OF BARRLELS YOU CANT GET IT ITS TOO HARD AND EXSPENSIVE TO PROCESS.
because toyota closes down plants this month? because Hyundai has implemented the if you cant pay for it just bring it back no credit hassles? guess not.
To be your voice To be your touch To give an answer To show your love To hold out hope To offer peace To shine your light for everyone to see In all the world
is compleatly wrong!
do some homework plz!
TNK-BP, the Russian oil venture of London-based BP Plc, said Dec. 11 it plans to cut investment next year and keep production "broadly flat." Saudi Arabia's 2009 budget has a deficit of 65 billion riyals (US$17-billion) as revenue at the world's largest oil exporter tumbles."A price extremely low
today will mean prices very high three or four years from now," Paolo Scaroni, the chief executive of Eni SpA, Italy's biggest oil company, said in London on Dec. 19.
SOOOOO....
THAT WAS SWEET CRUDE OR JUST ANY OLD CRAP OIL? BECAUSE THERES A HELL OF A DIFFERENCE!
OPEC pledged Dec. 17 to reduce production from 11 of its members to 24.845 million barrels a day. The group may meet again before a scheduled March conference if prices keep falling, Venezuelan Energy Minister Rafael Ramirez said Dec. 23. Prices rallied on Monday after Israeli air strikes in the
Gaza Strip raised concerns that Middle Eastern oil supply may be disrupted.
"OPEC is trying very hard to stop the bleeding but it is chasing after something it can't control, another year of falling demand," Caruso said, now a senior energy and security adviser at the Center for Strategic and International Studies in Washington.OPEC and the U.S. Energy Department estimat
e oil demand will fall in 2009, after slipping this year. The International Energy Agency expects an increase, forecasting a 0.5% gain to 86.3 million barrels a day.
Poor's 500 Index down 41% and the U.K.'s FT-SE 100 losing 33%.
The price of oil is now more than two-thirds lower than its peak last year, despite Israels military actions in Gaza raising concerns about disruption of Middle East supplies. This helped drive benchmark prices for oil 20 per cent higher last week.
Who are the winners and losers? Asian oil importers, from China and Japan to Singapore, are among the biggest beneficiaries. Opec, the Organisation of Petroleum Exporting Countries, which controls about 40 per cent of world's oil supply, stands to earn US$444 billion
Asia's two emerging giants, China and India, are also heavily reliant on the Middle East for their oil, India for some 70 per cent of its imports and China for 50 per cent.Indonesia, which has withdrawn from Opec because it has become a net oil importer, used the fall in oil prices to cut subsidis
ed fuel prices twice last month and plans a third cut later this month.
"trillions of barrels in greenfields colorado" where in Gods name did you get that bullshit info? a bunch of rightwing garbage that what it is! the suposed oil is shale and sand oil wet recovery requires about one barrle of water for every barrel of oil! and its been there since the 1960s ITS
NOT NEW!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! SO SHOW ME 3 MAJOR PRODUCERS INTERESTED OR DRILLING THERE RIGHT NOW !!!!