Oil at all-time (well, 7-year) high

#1

told you... I am not a amateur, and I watch this stuff closely.

http://biz.yahoo.com/cbsm/060308/51df70 ... .html?.v=6

and this is just reserves. eat my excel. Anyone want to see the actual numbers.

The US clearly has more oil than we need for more than a decade, even with a 7% upscale and any energy market professional could have done the work, and I helped catch it.

and thus Iran thinks that *maybe* they won't cut OPEC supply, and thinks maybe they won't cut Russian or Chinese supply,.. but NO ONE NEEDS their oil, because it wil glut the market, and we could low ball their prices!!! That's right The IUS doesn't even need iraqi oil, and could become OFF NATURAL RESERVES a major oil supplier for other nations, and kill the importance of the Middle East.

*takes a bow*

#2

With all due respect Raum, it'll never happen. There are too many of our beloved politicians (Dems and Rep alike) that are alsready bought and paid for by the oil companies the Countries that supply oil and the fucking tree hugging lobbists for the "Preservation of our wonderful wildlife".

The Great Lakes holds one of the largest oil reserves on the planet and won't be tapped for the very reasons above.

Face it, we've been fucked and will continue to be fucked till we're eventually taken over by the mighty REPUBLIC OF CHINA.

#3

China will never take us over... They can't even take Taiwan, and it's RIGHT THERE.