posted July 17, 2008 07:07 PM            

The noise machine is always on to explain why something happened or didn't happen. But, they're just that, noise machines who always have a ready excuse for being wrong on almost everything. These same noise machines have been predicting crude oil futures would top $150 per barrel..in this time frame.

Bush says...Drill, Drill, Drill and oil futures fall about $17 per barrel in 3 days.

I told you the day oil futures commodity traders and oil producers got a whiff of America getting serious about increasing our own domestic supplies of oil, they would wet themselves. The US is the biggest consumer of oil in the world.

Bush sounds serious, Republicans in Congress sound serious and Americans sound serious about drilling in our own patch for our own oil.

What I predicted would happen did happen. All the excuses the noise machines are making as to why it happened is just noise.

Bush says Drill and they wet themselves selling off their oil futures contracts.

Yet, after having been proved wrong about newspaper subscribers deserting the main stream press media papers because readers don't trust the press to tell them the truth, here you are again attempting to formulate a different reason for what I said was going to happpen...happening.

Oh, I know, it's just a gigantic coincidence that I called the future...before the fact. But, calling the future is what I did as a stockbroker and what I still do as an investor in the stock markets.

So, turn off the noise machines and pay attention. If a camel turd is found in the desert one or more of these noise machines will find it very significant and use it to explain why oil prices went up or down...but always...AFTER THE FACT

Drill, Drill, Drill; build refineries and watch oil fall back into the $60 per barrel range and futures for unleaded gasoline fall back to around $2 per gallon. Unless your moronic friends the demwits decide to discourage oil production by levying additional taxes on gasoline and crude oil. You know, their so called "windfall profits tax" which destroyed domestic production when the imbecile Jimmy Carter got the measure through the demwit Congress.

posted July 17, 2008 10:30 PM            

Pew supports my view. You yourself vindicated my view. You STILL can't go to any of the publications you believe to be partisan, and find real fallacies. In the end, everything is a matter of practicality, and it's quite impractical for you to call them liars whilst not being able to prove it in the most simple and logical way (which is by going to the articles and trying to fact-check them).

With regard to oil prices going down, there are plenty more market watchers that would agree with the assessments put out in the articles I posted. In fact, most articles you can find anywhere on the internet will disagree with your assessment.

As far as calling it after the fact, you do realize that you are trying to call it after the fact as well, don't you? We've got you on the one side saying that this price drop is Bush talking, and we've got all the industry experts and analysts on the other side not even speculating that Bush had anything to do with it.

Truth is, I don't believe your nose for truth really works. On issue after issue you are constantly misinformed, and trying to push really bad information. Most of it you get from really poor media, and in most situations you're not the least concerned that they got their facts straight.

posted July 18, 2008 01:03 PM            

You can't even get it right when a high ranking member of the Pew Polls tells you in black and white that your nonsense is totally off the mark. Americans don't trust the main stream news media to tell them the truth.

You can't even get it right when journalists themselves tell you their biggest problem with Americans is that they don't have any credibility with their readers.

Over time, I've posted lots of lying stories put out by the so called MSM, articles, photo shopped photos and even video so your nonsense that I haven't been able to prove the press lies is just that, nonsense..one major lying piece only yesterday and another with photo shopped pictures of Iranian missile firings which the American press, including the lying NY Times blasted across America. I've even posted articles where the press put their lie right in their headline...and you had to read down 15-20 paragraphs into the story to find they repudiated their own headline. Of course acoustic, they blast those lying headlines to capture the attention of "headline readers" just like you. People who are incapable of any analysis of facts and have to rely on headlines for their talking points.

Any connection between you and accurate analysis of anything is a case of mistaken identity.

You cannot forecast anything acoustic and the sources you rely on can't...and haven't either. You fail to notice the connection to the industry from which the lying press draw their so called experts. In the case of oil futures prices, you fail to note some of those people represent commodity futures trading houses or the commodity industries who got it wrong and need a handy excuse to cover their as$es.

The fact is Bush said Drill, Drill, Drill and futures contracts for crude oil plummeted. I told you this would happen as soon as it looked like America was getting serious about producing our own energy resources.

The fact is that I told you long ago that based of the findings of the Pew Poll where it was found only 21% of respondents believe the NY Times is a highly credible source for news...that they were in danger of losing subscribers and advertisers. That too came to pass but here you are still attempting to put forth your nonsense arguments.

You are incapable of relating cause to effect. Here you are now attempting to say I only saw the decline in oil futures prices...after the fact, a lie, and attempting to butress your illogical argument by pointing out that no one mentioned the Bush statement...drill, drill, drill. Yet, it happened exactly as I said it would. The only proviso is that the brain dead demwits in Congress follow through and lift the congressional prohibition on drilling off shore. When that happens...and it will happen because if they don't, they're going to get their sorry chair warming as$es kicked in the coming elections...when that happens oil prices will go into free fall as commodity traders wet themselves trying to get out of their long futures contracts. For some reason, you think the American press would want to give Bush credit for what's happened to oil prices so far...if they believed he was responsible. What world do you live on acoustic. Neither the lying leftist press or the chair warming demwits in congress would give Bush credit for anything...even if he came up with a cure for cancer. You live in a dream world acoustic.

My sources are more credible than your sources acoustic. Perhaps I shouldn't have sent you on a mission to get your opinion. Obviously, you choose the wrong sources every time.

posted July 18, 2008 03:34 PM            

quote:

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Over time, I've posted lots of lying stories put out by the so called MSM, articles, photo shopped photos and even video so your nonsense that I haven't been able to prove the press lies is just that, nonsense..one major lying piece only yesterday and another with photo shopped pictures of Iranian missile firings which the American press, including the lying NY Times blasted across America. I've even posted articles where the press put their lie right in their headline...and you had to read down 15-20 paragraphs into the story to find they repudiated their own headline. Of course acoustic, they blast those lying headlines to capture the attention of "headline readers" just like you. People who are incapable of any analysis of facts and have to rely on headlines for their talking points.

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Over time you have posted primarily other people's work in fact-checking the media. When asked to complete the task yourself, you choked big time. Even with the FEW articles you've found that have successfully found error with MSM the overall number of erroneous articles must equal some extremely small percentage. That's why you have difficulty completing what should be such an elementary task as proving your assertion that they're liars.

quote:

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In the case of oil futures prices, you fail to note some of those people represent commodity futures trading houses or the commodity industries who got it wrong and need a handy excuse to cover their as$es.

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I would absolutely LOVE to see you prove this point. You think the analysts need to "cover their A$ses "? Why is that? Are they surprised that oil sold lower? (No) Do they know the reason oil sold lower? (Yes)

The only person who has to cover his ass on oil prices is you... because only you are disagreeing with the people who make their living analyzing such things. Your, "I'm an authority, because I said so," doesn't fly with me. You're no Warren Buffet.

quote:

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I told you this would happen as soon as it looked like America was getting serious about producing our own energy resources.

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You never said that America getting serious about producing it's own energy would cause an instantaneous change in oil price. Nor did you link a change in oil price to Bush. That's a lie.

quote:

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Here you are now attempting to say I only saw the decline in oil futures prices...after the fact, a lie

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Not a lie at all. If the market conditions weren't the way they were, oil wouldn't have dropped. Your premise, which you created after the fact, was wrong.

quote:

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For some reason, you think the American press would want to give Bush credit for what's happened to oil prices so far...if they believed he was responsible. What world do you live on acoustic. Neither the lying leftist press or the chair warming demwits in congress would give Bush credit for anything...even if he came up with a cure for cancer. You live in a dream world acoustic.

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I don't think the American financial press is partisan, so no, I don't think they would take issue with tributing the fall to Bush if they believed that to be true.

Even today as oil prices start rising again, there's no talk of Bush having anything to do with it. Ben Bernanke's comments come up occasionally, but never Bush. You can read the stories from around the world, and you won't find a single analyst tying the recent drop to Bush.

Now that oil is rising again, do you want to make more predictions?

Bloomberg has industry predictions.

quote:

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Weekend Talks

Crude oil may fall next week as slowing economic growth curbs fuel demand and the U.S. takes part in talks with Iran over its nuclear plans. Concern about a possible attack helped push oil prices to a record last week.

``Buying here is an opportunity if you are a deep believer in $200 a barrel oil, otherwise we think caution should be applied in front of an important weekend for the geopolitical premium,'' Olivier Jakob, managing director of Petromatrix Gmbh in Zug, Switzerland, said in a report today.

Undersecretary of State William Burns will participate in the European Union-Iran talks this weekend in Geneva. This is a shift in the U.S. position on talks with a government it has shunned since 1980.

Ten of 22 analysts surveyed by Bloomberg News, or 45 percent, said prices will fall through July 25. Seven of the respondents, or 32 percent, said oil will rise and five forecast little change. Last week 63 percent said futures would increase.
Link

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quote:

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My sources are more credible than your sources acoustic.

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Interesting, because I've disproven parts of lots of articles you've posted here.

Meanwhile, when asked that you perform the simple task of proving your assertion that MSM is lying you fell short on both counts that you tried to fact-check on your own (on the third you used someone else's work).

posted July 18, 2008 05:17 PM            

In that same period, I've invited you to emigrate from this den of vipers you despise and seek your fortune elsewhere...and anyone with an ounce of grit and self respect who believes as you do would. But please don't; I enjoy having you around.

In every encounter, you've gotten your leftist ass kicked. Facts mean nothing to you and neither do common definitions. you're entitled to your opinions but you're not entitled to your own so called facts or so called facts you make up out of thin air or one of your leftist heroes make up out of thin air.

Just know this little guy. I'm going to continue kicking your leftist butt everytime you mouth off with one of your..or someone elses bullshiiit concoctions. It's no trouble for me at all and I enjoy having something else to do while I'm conducting business on the Internet. Multitasking is no problem for me.

For your information...strike that, you aren't capable of being informed about anything at all. But for others, oil prices are down for the 4th consecutive day.

Bush said Drill, Drill, Drill and oil speculators and commodity futures traders and brokers wet themselves and started selling their contracts...just as I said they would. They're now in a cover their ass posture because what they predicted didn't happen. Brokers and so called commodity experts are getting their as$es chewed by those who listened to them. What I predicted did happen.

Someone else who is wetting himself is Hugo Chavez, a leftist hero who has destroyed the economy of Venezuela and is dependent on oil sales at high prices to keep himself in power. Another loser when oil prices fall is Iran whose economy is in shambles and desperately needs revenue from high oil prices.

Where ever one looks on this forum, you've had your head up your butt and drew the wrong conclusions about what you read.

You deny the expertise in the law of the person who wrote the law and take the opinion of the Keystone Kops at the CIA and an incompetent media hound prosecutor who should have been terminated for carrying on an investigation where no crime was committed.

You deny the evidence of reality, the definition of words and attempt to create your own reality which doesn't fly in the real world. But then, you live in a little leftist bubble world. You, like your assorted gaggle of leftist morons always have a ready excuse for being wrong, or simply deny you are wrong. But that doesn't cut any mustard with me and neither do your lying sources for news. Sources which I have proved on this forum time and again, lie through their teeth at every opportunity.

Say on impaired one. I've got your number.

posted July 18, 2008 09:11 PM            

quote:

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In every encounter, you've gotten your leftist ass kicked. Facts mean nothing to you and neither do common definitions. you're entitled to your opinions but you're not entitled to your own so called facts or so called facts you make up out of thin air or one of your leftist heroes make up out of thin air.

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If I were as you say I am, you wouldn't feel the need to argue with me. And you certainly wouldn't always feel that you have to try to give an air of authority and condescension. The fact is, you are threatened by me, and always have been. I don't blame you. If I were arguing 30% of the big picture, I'd also feel a little overwhelmed by someone arguing 90% of the big picture.

I'm also not a Leftist. I'm a practical rationalist, which which obviously sticks out in contrast to whatever vein of radical Spin Doctor you are.

"Facts" mean everything to me. I'm not the one posting editorials from the blog American Thinker and Ann Coulter all the time, am I? You turn to opinion more often than you turn to fact, and it's predicable as the sun rising.

In contrast, I am always posting facts straight from people more knowledgable than either of us while you believe you're more of an expert than those who actually make money with their expert opinions. Between our approachs mine is far more grounded in logic.

quote:

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Just know this little guy. I'm going to continue kicking your leftist butt everytime you mouth off with one of your..or someone elses bullshiiit concoctions. It's no trouble for me at all and I enjoy having something else to do while I'm conducting business on the Internet. Multitasking is no problem for me.

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As if you had the ability to kick my butt. I offer you grace, and you believe yourself to be kicking my butt. That's laughable.

As I've told you before, if you ever showed yourself to be a superior wit I probably wouldn't be here. I don't particulary enjoy being made to feel a fool. Obviously, you come nowhere close to making me feel like a fool. Posting as much nonsense as you habitually do prevents me from even considering that you could be a wit. An intelligent person wouldn't post what you post, and beyond that they wouldn't stubbornly defend a poor argument in the face of contradictory facts.

quote:

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But for others, oil prices are down for the 4th consecutive day.

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posted July 18, 2008 09:31 PM            

quote:

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They're now in a cover their ass posture because what they predicted didn't happen.

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From July 12th column (2 days before Bush lifted the moratorium on offshore drilling):

"Also, should oil prices move lower, these stocks tend to hold up decently. That is what happened in the 1980s when crude prices fell with a vengeance after the previous decade's surge, a pattern many expect to recur eventually.

This time, once more, investors are skeptical that oil can stay at current levels: Prices may not fall below $100 a barrel but won't stay above $140, the consensus runs. That belief has led to the discounting in major oil stocks.

The good news is that, if crude prices drop, the majors don't suffer unduly.

- Wall Street Journal

Oil also dropped last week prior to Bush even opening his mouth.

The labor issue adds a new wrinkle to the dynamics of oil pricing. Already in the mix are speculation, the value of the American dollar, OPEC decisions on supply, consumption increases in China and India, and political problems in Nigeria and Iran.
- July 14th, MarketWa tch

Nice list of things they referred to both before and after it was known the Bush lifted the moratorium.

Crude-oil futures first hit a record $147.47 a barrel on speculation that Israel may be nearer to launching an attack on Iran and on worries that supplies in Nigeria and Brazil may be disrupted. - July 11th, MarketWatch

So much for needing to cover their a$ses. What a truly ridiculous notion.

quote:

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You deny the expertise in the law of the person who wrote the law and take the opinion of the Keystone Kops at the CIA and an incompetent media hound prosecutor who should have been terminated for carrying on an investigation where no crime was committed.

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Keystone Kops? You mean the CIA's own legal department? And a wholy competent, by-the-book Special Counsel? Yes, they did get it right. There is no alternate way to view the facts of that case. Continuing to plug bogus partisan opinion does absolutely nothing for your case, and worsens your own credibility.

quote:

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You, like your assorted gaggle of leftist morons always have a ready excuse for being wrong, or simply deny you are wrong

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The only person here who consistently denies he's wrong when presented with the facts is you. End of story. There's no denying it.

Just in this thread alone you've been proven wrong on:

• 8 cents being the profit Big Oil makes per gallon

• On the claim that I've been pushing 8% as the amount Big Oil makes per gallon

• Your contention that there's no oil on the 68 million acres that Big Oil leases

• Your assertion that Bush lifting a moratorium on offshore drilling caused the price of oil to fall

• Your assertion that you predicted oil would fall as a result of something Bush did. (You never made the prediction in the first place, so it didn't require disproving.)

• Your assertion that market analysts have to "cover their as$es" for actually analyzing the market, and not promoting your bogus theory

• Your assertion that Democrats weren't interested in expanding refinery capacity

• Your assertion that foreign oil companies would "wet" themselves on the announcement that the U.S. is allowing more drilling

• Your assertion that refineries are running at 95% capacity

Now, if you look through our posts (well, not you; you never do your homework) you'll see that my posts are filled with facts while yours are full of emotion, mine are filled with research while yours are filled with made-up hearsay, mine are filled with sources while yours...aren't (just the wannabe-god-like, self-congratulatory, unsourced opinion you're known for).

posted July 18, 2008 11:14 PM            

I'm not the one who has a burning desire to save face here acoustic, that's you. You have the lunatic idea that if you can get others to agree with you, somehow, that makes you right. But it only shows how weak you really are.

You're also the one who is overly invested here acoustic. This is merely one of the things I do for enjoyment...and I've sure enjoyed pounding you into the ground like a tent peg.

I'm going to continue that practice whenever you jump the traces from fact to fantasy...which is just about every time you have anything to say that requires the least amount of analysis.

Bush says..Drill, Drill, Drill..and oil prices fall out of the sky for the next 4 days...and counting. Now, the so called analysts, commodity brokers and talking heads are talking about $120 per barrel oil.

When, not if, but when congress lifts the ban on offshore drilling, $120 per barrel oil is going to be only a fond memory for those holding long futures contracts who didn't get out when the handwriting was on the wall.

You saw it here first acoustic. Don't forget it.

posted July 18, 2008 11:23 PM            

That's not real world stuff acoustic because it doesn't happen that way in the real world.

In the real world, equipment breaks down, refineries are down for routine maintenance and switches in gasoline blends are routine. Every one of those events cuts into the theoretical 100% capacity number because each one of those events cause a shutdown in production.

posted July 19, 2008 01:41 AM            

That's a remarkable set of posts for someone who's been categorically beaten on just about every point made in this thread.

You think I'm overly invested? Yeah, that must be it. I actually research what I'm saying instead of blindly spouting unsupported opinion ala Jwhop, so I'm overly invested.

I have no need to save face, nor have I felt the need you've demonstrated, which is a need to bring up more in an attempt to bolster an argument. I've had the upper hand since before this started, and everything new I've learned has only confirmed my position. That means that NONE of it has backed your position. Yeah, it's tough to be me.

quote:

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Now acoustic, since we're on the subject of oil prices....what's your OWN prediction on future oil prices? Go on acoustic, go on the record..one way or the other. Go on the record here and I won't forget what your prediction was.

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As a practical realist I'll go on the record as saying I have no idea. That's the only responsible answer for someone who's outside of the industry (like you and me).

quote:

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BTW acoustic, those capacity numbers for oil refining are theoretical numbers. They assume every refinery in the United States is up and running with no down time for maintenance, no down time for breakdowns and running an uninterrupted stream of one blend of gasoline.

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No they weren't theoretical in the slightest. I already pointed that out to you. Have you forgotten? "Operable Capacity"

quote:

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That's not real world stuff acoustic because it doesn't happen that way in the real world.

In the real world, equipment breaks down, refineries are down for routine maintenance and switches in gasoline blends are routine. Every one of those events cuts into the theoretical 100% capacity number because each one of those events cause a shutdown in production.

I can see you've never worked in a production facility acoustic.

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As if you have. I've never disputed that equipment breaks down, but it's beside the point anyway as I've already mentioned (due to the fact that the reporting was of the percentage of refined production within operable capacity).

posted July 19, 2008 09:49 AM            

All I have to do is say "white" to get you to say "black". I say "day" and you reflexively say "night".

Unfortunately, for you, that makes you totally ignore logic, reason and the evidence of your own eyes.

In the present case, oil prices, I predicted prices would fall...well before there was any overt evidence and while prices were rapidly rising. That prediction was based and I told you what the basis was back then which would cause oil prices to fall. Those circumstances were met and oil prices acted exactly as I said they would.

Now you acoustic, run hither and yon attempting to show a different reason for falling oil prices. And where do you run for your information? You run right to the people who are invested in high oil prices and want them to continue. You run to commodity brokers who have lots of clients they've sold on buying long oil futures contracts, oil company associations representing oil refiners and other elements of the oil industry who have long oil futures contracts at higher...some for much higher prices that they're either going to have to sell into a falling market or eat a loss when they take delivery of the oil they bought at higher prices than will exist when their futures contracts expire. I perceive you have no idea how markets work including the commodity markets. You're a real babe lost in the woods acoustic and it shows.

Further, your sources, newspapers are overly invested in high energy prices for America...so we can be "just like Europe". These morons want higher energy prices, just like your radical leftist moronic chair warming demoscats in Congress.

So, it's not surprising to see all the morons who are invested in high oil prices attempting to deflect responsibility and find excuses for why they were wrong.

Fact:
Bush said...Drill, Drill, Drill and oil prices fell for 4 straight days..the sharpest drop in oil prices for any week in history..from over $147 per barrel to $128 and change per barrel.

Fact:
I told you in advance this would happen. That oil prices would fall off the table when commodity traders who were long on oil perceived the free ride in high oil prices was over. Bush says..Drill, Drill, Drill and these commodity traders and commodity brokers wet themselves and started a sell off.

Cause and effect which you are intellectually incapable of understanding.

70% of Americans want offshore drilling to increase domestic supplies of oil so, it's going to happen or Republicans are going to beat demoscats to death on the issue...including Barack O'Bomber, so, it's going to happen. When it's announced, get out of the way of falling oil prices or get crushed.

I understand your fear of being wrong and being seen to be wrong here, about the direction of future oil prices or anything else acoustic and your refusal to go on record with a prediction. So, Wimpy wimped out.

posted July 19, 2008 02:15 PM            

Regarding using market analysts work to back my position, what would you suggest? Just go along with your opinion, which I've repeatedly pointed out isn't supported by anyone anywhere?

Efficient energy use extends the life of the world’s energy reserves. It reduces greenhouse-gas emissions. It helps drive down energy prices. - Exxon

My position is still much stronger than yours.

quote:

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You have no confidence in your own analytical abilities.

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No. I have no confidence in your own analytical abilities. My abilities seldom let me down, while you just dream stuff up and claim it to be true just because you said so.

__________________________________

And now MORE confirmation that you're wrong on the issue of refineries.

Exxon on refinery capacity:

The industry has increased refining capacity through the expansion of existing plants, adding the equivalent of a large new refinery every year for the past decade. Capacity has expanded over the past two years by 300,000 barrels a day, according to the American Petroleum Institute.

Since 1995, ExxonMobil has effectively added the equivalent refining capacity of a new, industry-average-size refinery to our portfolio every three years. http://www.exxonmobil.com/corporate/energy_issues_recent.aspx

posted July 19, 2008 03:45 PM            

You make frivolous, off point arguments and attempt to use sources which have no credibility whatsoever. You're on record here as being a leftist with extremist views, about America, about the American people, about the law, about the Constitution and about Bush. No amount of ducking, bobbing and weaving is going to get that off the record.

No new refineries have been built in the United States since the 1970s.

Refining capacity is running at about 95% when downtime and off line refineries are considered.

Your bloviating moronic demoscat friends in the congress are standing in the way of lower fuel prices but that's not going to hold for long. They're going to throw in the towel on offshore drilling and building new refineries.

Oil prices are set by World demand not American demand so a 2% reduction in American demand for gasoline isn't going to have any effect on oil prices...except that it scares the hell out of the long futures market and makes producers wet themselves. What will have a huge impact is America going energy independent of the world. Bush took the first step and scared the hell out of commodity traders and brokers. Oil down a record amount in the week.

Like I said, these noise machines are trying to explain a fall in oil prices of about $20 per barrel in 4 days on a 2% reduction in American demand. Worse, you're willing to buy into the noise.

So acoustic, another 2% drop in demand brings oil prices down to $108 per barrel. A further 2% drop in US demand drops the price to $88 per barrel. A further 2% drop in demand makes oil prices only $68 per barrel. So acoutic, using your math and illogic, an 8% drop in US demand reduces oil prices $80 per barrel.

Traders and brokers are so shook up they're talking about $120 per barrel now but that's not going to contain the situation.

Now, as for the predictions you say I dreamed up. Those are right here on this forum...except for the prediction made to the RNC and there's no reason to make that up at all. I'm a Republican who warned the party of the problem.

It's clear you have no confidence in your analytical ability. In fact, your bellicose blather is an indication of your lack of self confidence. You hope no one will notice but the only one you're deceiving is you.

posted July 19, 2008 06:09 PM            

quote:

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You're on record here as being a leftist with extremist views, about America, about the American people, about the law, about the Constitution and about Bush. No amount of ducking, bobbing and weaving is going to get that off the record.

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I am on the record as no such thing. I'm still planted firmly in the center.

quote:

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No new refineries have been built in the United States since the 1970s.

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Rehash: Refineries have been expanded. See Exxon's site, or my previous post. You may also check with the American Petroleum Institute.

quote:

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Refining capacity is running at about 95% when downtime and off line refineries are considered.

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Rehash: The EIA, which I've linked to collects information frequently, and assigns a percentage which is below 95% the majority of the time. You have yet to provide any proof to this claim of yours.

quote:

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Oil prices are set by World demand not American demand so a 2% reduction in American demand for gasoline isn't going to have any effect on oil prices...

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America consumes 20% of the world's energy as such it is the largest world factor in energy prices.

"The United States is the world’s largest energy consumer — Americans alone use more than 20 percent of the world’s oil production." - Exxon

quote:

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Worse, you're willing to buy into the noise.

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Rehash: Versus what? Your opinion, which no analyst in the world buys in to? Yeah, I'll choose the right side of that coin.

quote:

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It's clear you have no confidence in your analytical ability. In fact, your bellicose blather is an indication of your lack of self confidence. You hope no one will notice but the only one you're deceiving is you.

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Rehash: Yeah, that's why I was able to create a list of fallacies I've corrected you on in this thread alone.

I have no confidence in YOUR analytic ability, and it's shown every time I provide a superior argument, which is often in the past few days.
______________

posted July 21, 2008 02:01 PM            

Let me repeat, "NO NEW REFINERIES HAVE BEEN BUILT IN THE UNITED STATES SINCE THE 1970s". Now acoustic, if you disagree with that statement, then the field is clear for you to go find the refineries WHICH WERE BUILT FROM 1980 TO THE PRESENT DAY and good luck trying to find one.

The report you cite doesn't reflect refinery breakdowns, down for maintenance time or change over time to produce different blends of fuel. So, when they consider ALL US refineries are operating at 89% capacity, those which are down or have been down in the reporting period drag down the capacity percent numbers. If you refute this statement, go find some support for your position...and post it right here.

A 2% decline in American usage of gasoline didn't dent the overall numbers world wide...the 80% of usage. What caused the price to plummet was Bush saying...Drill, Drill, Drill and lifting the prohibition on offshore drilling. You don't know a thing about the commodity markets, ditto the equity markets acoustic. If you did, you'd know how absurd your arguments really are. Congress IS going to lift the congressional ban on offshore drilling. They're getting a lot of heat on their bloviating chair warming as$es and the vast majority of Americans don't blame the oil companies for high gas prices.

You like the noise machine acoustic. That's why you're always in the dark on most everything. You are reliably deaf to the sweet sounds of truth and wouldn't recognize it if you stepped in it.

You haven't created any fallacies in my arguments here acoustic...or any place else. You've repeated the very same noise from sources which have a vested interest in saying what they say...including the utterly lying press. Get back to me acoustic...when oil prices go above $150 per barrel....as the analysts you trust so much said they would.

posted July 22, 2008 04:13 AM            

You are the only radical here.

quote:

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Let me repeat, "NO NEW REFINERIES HAVE BEEN BUILT IN THE UNITED STATES SINCE THE 1970s". Now acoustic, if you disagree with that statement, then the field is clear for you to go find the refineries WHICH WERE BUILT FROM 1980 TO THE PRESENT DAY and good luck trying to find one.

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I don't disagree with the statement. I disagree with you trying to frame that statement as meaning that refinery capacity hasn't grown over the years. Refinery capacity has grown, so the fact that there haven't been more refineries built is MOOT. Further, it's more expensive to build a refinery from scratch than it is to expand an existing refinery. If you'd have researched the subject, you'd know that.

quote:

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The report you cite doesn't reflect refinery breakdowns, down for maintenance time or change over time to produce different blends of fuel.

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The report I cited is an ongoing weekly report, which clearly states Operable Capacity in one of it's rows. As such, it would seem high likely that they do in fact take into account refinery breakdowns.
http://tonto.eia.doe.gov/dnav/pet/pet_pnp_wiup_dcu_nus_w.htm

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More blather about me being clueless, huh? Sounds like the only one whining about someone around here is you.

quote:

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Your arguments mirror Move on dot org, Daily kos, democrat underground, common dreams and other leftist morons, including the leftist morons in the American press. You never are out in front, you're their echo chamber.

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Said the guy who loves to quote the Republican blogosphere.

posted July 22, 2008 10:21 AM            

You acoustic...in the middle politically? You supported the socialist John Traitor Kerry. Now, you're supporting the Marxist O'Bomber. You're no where near the center of American political thought acoustic. You're even more daft than I thought.

You are in no way conservative. Just because you found a job at a bank doesn't make you a conservative. For instance acoustic, you advocated for oil companies to pay the federal government a part of their profits from oil produced in American oil fields...over and above the lease costs and over and above the usual taxes they pay. Some conservative. You like the idea the federal government has gobbled up millions of acres of land in the United States...much of it under the administration of Kommander Korruption.

I never said refining capacity hasn't grown...by means of expanding and refurbishing existing refineries. I said "NO NEW REFINERIES HAVE BEEN BUILT IN THE UNITED STATES SINCE THE 1970s." In every case, there were mountains of paperwork, federal law suits to stop oil refiners from expanding operations and every roadblock possible was thrown in their path...thanks to your moronic demoscat friends in congress who are in the pockets of the most radical environmentalist extremists in the United States. As for costs, that's not your concern since it's the oil companies who would be building the new refineries. They would tell you to mind your own business and so would I.

Yes, the report you cite is an ongoing weekly report with refining capacity as one of it's columns. So what? Their refining capacity number is a theoretical number which does not take into account refinery breakdowns and maintenance...which cannot be forecast and therefore isn't present in their report...except in the actual output number. So tell me acoustic, since you believe the breakdown number is already in their reports, please tell me what that number they've factored in actually is? Don't ignore this acoustic because if you continue to insist, I'm going to ask you over and over again for the number.

"Sounds like the only one whining about someone around here is you."

This forum is littered with your thumbsucking whining to Randall about not only me but others here. You see acoustic, it's this way; I don't whine about you or anyone else. I address YOU directly...always. On the other hand you use my name when you're talking/whining to others...other members and Randall. Whining is your default mode.

I know you think I have a secret decoder ring from the RNC or Rove acoustic but what the RNC has from me are emails and letters chewing on their as$es over a variety of issues. It might interest you to know that long after I've expressed an opinion..here or elsewhere, I run across that viewpoint being expressed by someone in talk radio or someone on what you would consider a Republican site. Sometimes I wonder if they're not reading my posts here. While you need someone to lead you around by the nose and have chosen the socialist morons as your guiding lights, most conservatives don't need any direction and actually resent it.

6 or 8 months ago, I saw a picture of Newt Gingrich posing with Nancy Pee-lousi for an Algore global warming production piece. I wrote Gingrich and ripped his ass royally. First for getting involved in an obvious leftist hoax and secondly for not have the intellectual capacity to understand it is a hoax. I told Gingrich that rather than buying into the crackpot theory of man made global warming which is intended to shut American industry down along with rationing energy including gasoline, he should be on the opposite side of the fence urging production of more US energy for our own markets.

The point in telling you this acoustic is that I don't need anyone to tell me what my opinion should be. I already know what I think and more importantly, I know why I think what I think. You on the other hand must run to every leftist moron on the Internet to get your opinion.

posted July 22, 2008 01:17 PM            

As someone who has not trusted the mental capabilities of Bush since year 2000, yes, I voted for the other guy twice. If McCain had won the party's nomination in 2000, I would have voted for him.

As far as supporting Obama, I've never indicated any such thing. I do defend him against the attacks of yours which clearly fall outside the realm of reason, or the realm of what we actually know (like your assertion that Davis was a Communist).

quote:

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For instance acoustic, you advocated for oil companies to pay the federal government a part of their profits from oil produced in American oil fields...over and above the lease costs and over and above the usual taxes they pay.

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Yes, I do think the Democrats were right in pushing a tax, which contained the loophole that if they expand refining capacity, and/or invested in alternate energy solutions they could get out of the tax.

Yes, it's also true I don't go along with everything big oil has to say in it's own defense.

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As for costs, that's not your concern since it's the oil companies who would be building the new refineries. They would tell you to mind your own business and so would I.

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Huh? You want to sit there, and b!tch and moan about no new refineries having been built, and when I tell you why you say it's none of my business? Where the hell did that come from? Surely if you're interested in refinery capacity, then you should know why oil companies have opted for expansion in lieu of building new ones.

quote:

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Their refining capacity number is a theoretical number which does not take into account refinery breakdowns and maintenance...which cannot be forecast and therefore isn't present in their report...except in the actual output number. So tell me acoustic, since you believe the breakdown number is already in their reports, please tell me what that number they've factored in actually is? Don't ignore this acoustic because if you continue to insist, I'm going to ask you over and over again for the number.

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Who said anything about forecasting? This is a report of what happened for the week in question.

posted July 22, 2008 01:18 PM            

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This forum is littered with your thumbsucking whining to Randall about not only me but others here.

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Me? Whining to Randall? You've got to be kidding me.

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While you need someone to lead you around by the nose and have chosen the socialist morons as your guiding lights, most conservatives don't need any direction and actually resent it.

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We both know that's not true at all. You DO quote Conservative publications non-stop, and Petron caught you using Rush Limbaugh's language multiple times. These sources lead you around like a puppy dog, and you take everything they say as gospel without so much as looking into whether they're telling the truth.

On the other hand, you can't find a leftist source that I quote, which is part of the reason you categorize MSM as being of the Left. There are no leftist sites that I frequent, and if they ever got a hold of my arguments they'd be better for it.

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You on the other hand must run to every leftist moron on the Internet to get your opinion.

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I'm telling you...it's really ironic for you to try to make statements like that.

MCCAIN: PUMP THIS! - Ann Coulter

O'Bomber's Secret National Police Force - WND

The Most Ethical Congress in History! - American Thinker

posted July 23, 2008 03:22 PM            

McCain says Bush responsible.

"Republican John McCain on Wednesday credited the recent $10-a-barrel drop in the price of oil to President Bush's lifting of a presidential ban on offshore drilling, an action he has been advocating in his presidential campaign."

"He criticized Democratic rival Barack Obama for opposing drilling on the Outer Continental Shelf."

"The price of oil dropped $10 a barrel," said McCain, who argued that the psychology of lifting the ban has affected world markets."

Actually, McCain has the number wrong. I make the fall in oil prices to be $23 per barrel.

posted July 25, 2008 04:43 PM            

Now, Pee-lousi is refusing to let drilling bills come to the floor of the House and Robert KKK Byrd is afraid to introduce any new spending bills because Republicans may attach a drilling amendment to the bill. Robert KKK Byrd and Dirty Harry Reid know the Senate would pass it. Ditto for the House which would pass drilling legislation in a heartbeat. Instead this dud trio continues to bloviate and ignore the very steps which would bring down oil and gas prices.

Finally, the news media is catching on...well, some in the news media.

Just remember acoustic, thinking Americans are going to read articles by people who actually can think. That leaves out the non thinking writers and readers of the New York Times and other toadies of the leftist non thinking set.

July 25, 2008
Washington Post: Why Not Debate More Drilling?
Patrick Casey

While the New York Times continues on its self-destructive path, the role of the grown-up liberal in the media business now belongs solely to the Washington Post. The paper proves that once again this morning with their editorial, "No Drilling, No Vote - Speaker Pelosi won't let the House debate the merits of offshore drilling", which has as its lede "Why not have a vote on offshore drilling?".

The editorial certainly doesn't indicate that the Post agrees totally with the position of the Republicans on the expansion of domestic oil drilling, but they are scathing in their assessment of House Speaker Nancy Pelosi, the Democrats, and their tactics on this issue. The Washington Post editors even bring up a pledge that the Democrats made when assuming the majority less than two years ago:

When they took the majority, House Democrats proclaimed that "bills should generally come to the floor under a procedure that allows open, full and fair debate consisting of a full amendment process that grants the Minority the right to offer its alternatives." Why not on drilling?

The Washington Post recognizes that allowing a debate and subsequent voting on drilling, in addition to being the right thing thing to do, is also being demanded by an overwhelming majority of the American people. Those same people who put the Democrats in charge of Congress in 2006 - by much less of a majority. So the Post really unloads on the extent to which the Democrats are going to in order to not have this debate and subsequent vote:

Meanwhile, the dispute has snarled progress on spending bills for fear of having drilling amendments attached. Citing "the uncertainty in how the oil and gas drilling issue is currently playing out on the Senate floor," Senate Appropriations Committee Chairman Robert C. Byrd (D-W.Va.) called off committee consideration of spending bills on which Republicans were threatening to offer drilling amendments. The result threatens to be the first time since at least 1950 that lawmakers will go home for the August recess without either chamber having passed a single appropriations bill.

The Post ends the editorial with a rhetorical question -- if the Democrats have the better of the argument on drilling, as Speaker Pelosi has so loudly assured us, then why are they frightened of having a fair debate?

Because the Democrats are, in fact, wrong on this issue. And both the Democrats and the Washington Post know that they will lose this debate and all follow-up votes, of course!

On this issue, the Democrats have lost an important media ally in the Washington Post. The paper has done it politely, so far. After all, the Post could have pointed out the recent retreat in oil prices following President Bush's announcement that he was rescinding the executive order prohibiting additional offshore drilling. And wondered aloud what more would happen to speculation and the price of oil if Congress took similar action.

I'm also certain that the Washington Post is aware of the suggestion made by Richard Brookhiser yesterday on National Review Online. He proposes that Bush pull a Harry Truman - call Congress back during their summer recess for an 11 day emergency session and demand that they debate and vote on drilling and appropriation bills. It's a win-win for Republicans. If drilling is allowed and appropriation bills are passed, it's good for the country and it can be pointed out that it took President Bush and the Republicans to force the Democrats to do it. If the Democrats continue to do nothing, it'll be on display for the whole country to see. The Democrats, and Barack Obama, will have inflicted a major, and very public, injury upon themselves immediately prior to the Democratic Convention. It would be literally impossible for the drive-by media to whitewash and spin that incident.

posted July 30, 2008 03:53 PM            

Bush says...Drill, Drill, Drill. McCain says, Drill, Drill, Drill.

posted August 05, 2008 12:37 PM            

McCain says...Drill, Drill, Drill.

O'Bomber says, "Inflate your tires"...as though we all drive around on uninflated or underinflated tires.

Nancy Pee-lousi says..."Drilling for more oil is a hoax and won't reduce oil prices" and "We have a planet to save".

Bush says..Drill, Drill, Drill...and oil prices have fallen from more than $147 per barrel to the current price of $119.40.