no wonder the dems won't drill....

[manu1959]

http://sweetness-light.com/archive/soros-invests-811m-in-brazilian-oil

snip

So now we understand the Democrats’ no-drill policies.

They can’t undercut their sugar daddy.

snip

August 15, 2008

London: Billionaire investor George Soros bought an $811 million stake in Petroleo Brasileiro (Petrobras) in the second quarter, making the Brazilian state-controlled oil company his investment fund’s largest holding.

[No1tovote4]

http://sweetness-light.com/archive/soros-invests-811m-in-brazilian-oil

snip

So now we understand the Democrats’ no-drill policies.

They can’t undercut their sugar daddy.

snip

August 15, 2008

London: Billionaire investor George Soros bought an $811 million stake in Petroleo Brasileiro (Petrobras) in the second quarter, making the Brazilian state-controlled oil company his investment fund’s largest holding.
Dayum... Who caught this?

[Kathianne]

Dayum... Who caught this?

Bloomberg:

http://www.gulfnews.com/business/Oil_and_Gas/10237597.html


Soros hedge fund invests $811m to buy Petrobras stake

Bloomberg
Published: August 15, 2008, 23:58

London: Billionaire investor George Soros bought an $811 million stake in Petroleo Brasileiro (Petrobras) in the second quarter, making the Brazilian state-controlled oil company his investment fund's largest holding....

[Des]

I am against offshore oil drilling. Why?

The biggest reason is that it won't do anything to lower gas prices or reduce our dependence on foreign oil. OPEC produces about 40% of the worlds oil. OPEC can adjust their output of oil to adjust the price of oil. We wouldn't produce enough oil to make a difference for another 30 years or so in this country alone.

[April15]

I am against offshore oil drilling. Why?

The biggest reason is that it won't do anything to lower gas prices or reduce our dependence on foreign oil. OPEC produces about 40% of the worlds oil. OPEC can adjust their output of oil to adjust the price of oil. We wouldn't produce enough oil to make a difference for another 30 years or so in this country alone.I do believe it is time to get another source of energy going, not just oil. Coal can be made to burn clean. We have known for almost a century how to extract oil from coal that can be used fore everything except gasoline.

[Sitarro]

I am against offshore oil drilling. Why?

The biggest reason is that it won't do anything to lower gas prices or reduce our dependence on foreign oil. OPEC produces about 40% of the worlds oil. OPEC can adjust their output of oil to adjust the price of oil. We wouldn't produce enough oil to make a difference for another 30 years or so in this country alone.

That is pure, Democrat talking point bullshit. The greed of the OPEC members will never allow them to produce too much less. Our drilling companies are the most experienced and technologically advanced in the world, it would not take 30 years to do anything, if the country really wants it, it could be done very quickly. We don't have to replace all of the oil the Middle East produces to make a difference. Democrats were against drilling before getting a asshole of theirs in as President because it would have meant a tremendous amount of new jobs in a wide range of companies. Rigs would need to be built, refineries would need to be designed and built, and all of the trickle down of jobs for the vendors that supply these companies would be a huge economic windfall. The Democrats couldn't have allowed that to happen right before an election, they don't give a shit about us, our country or the environment....... they just care about how those can be manipulated and used to steal power.

[Hobbit]

A: American technology, once in place, can produce a barrel of oil for about half what the backwards Arabs can pull off, with an even bigger discount if we refine it ourselves. The thing stopping us is that environmental restriction cap the total amount of oil we can get at and cause the overhead to skyrocket.

B: If Soros really can drive policy like that, I hope he buys Brazilian sugar stocks so we can lift the tariff and I can stop drinking corn with every meal.

[Kathianne]

http://sweetness-light.com/archive/soros-invests-811m-in-brazilian-oil

snip

So now we understand the Democrats’ no-drill policies.

They can’t undercut their sugar daddy.

snip

August 15, 2008

London: Billionaire investor George Soros bought an $811 million stake in Petroleo Brasileiro (Petrobras) in the second quarter, making the Brazilian state-controlled oil company his investment fund’s largest holding.

Dang it! Great find!

You must spread some Reputation around before giving it to manu1959 again.

[Des]

That is pure, Democrat talking point bullshit. The greed of the OPEC members will never allow them to produce too much less. Our drilling companies are the most experienced and technologically advanced in the world, it would not take 30 years to do anything, if the country really wants it, it could be done very quickly. We don't have to replace all of the oil the Middle East produces to make a difference. Democrats were against drilling before getting a asshole of theirs in as President because it would have meant a tremendous amount of new jobs in a wide range of companies. Rigs would need to be built, refineries would need to be designed and built, and all of the trickle down of jobs for the vendors that supply these companies would be a huge economic windfall. The Democrats couldn't have allowed that to happen right before an election, they don't give a shit about us, our country or the environment....... they just care about how those can be manipulated and used to steal power.

http://www.eia.doe.gov/oiaf/aeo/otheranalysis/ongr.html

Don't believe me, here's one report.

[bullypulpit]

http://www.eia.doe.gov/oiaf/aeo/otheranalysis/ongr.html

Don't believe me, here's one report.

Nice try, but there are many here for whom facts are irrelevant. They are bitter and pissed off because reality has an inherently liberal bias. :laugh2:

[Sitarro]

Nice try, but there are many here for whom facts are irrelevant. They are bitter and pissed off because reality has an inherently liberal bias. :laugh2:

You voted in a Kenyan/Indonesian for President and you are saying we don't pay attention to facts?:laugh2::laugh2::laugh2:

[Sitarro]

http://www.eia.doe.gov/oiaf/aeo/otheranalysis/ongr.html

Don't believe me, here's one report.

Gee, a table of "facts" by government pin heads from 2003, almost 6 years ago??????? Big deal, how about some facts from experts that are actually involved in the industry? Why would the people that actually want to put their money on the line be pleading to be allowed to waste it on drilling? Any idea what the cost are in drilling for oil? When I worked for a rig company in the 80s, a semi-submersible rig in the Gulf rented for 100,000 per day, add personnel and all of the supplies and equipment, the service companies that will be needed numerous times while drilling........I can only imagine what the cost are today........... it is a lot of cash to drill for oil that will take 30 years to get to market.

[Des]

Gee, a table of "facts" by government pin heads from 2003, almost 6 years ago??????? Big deal, how about some facts from experts that are actually involved in the industry? Why would the people that actually want to put their money on the line be pleading to be allowed to waste it on drilling? Any idea what the cost are in drilling for oil? When I worked for a rig company in the 80s, a semi-submersible rig in the Gulf rented for 100,000 per day, add personnel and all of the supplies and equipment, the service companies that will be needed numerous times while drilling........I can only imagine what the cost are today........... it is a lot of cash to drill for oil that will take 30 years to get to market.

You mean, facts from experts who stand to profit from oil drilling, nevermind that it won't help the economy...those? We don't just use our own oil, we import/export a great deal of it. It's just not as simple as "drill for oil HERE, refine it, ship it to US gas stations."

[Sitarro]

You mean, facts from experts who stand to profit from oil drilling, nevermind that it won't help the economy...those? We don't just use our own oil, we import/export a great deal of it. It's just not as simple as "drill for oil HERE, refine it, ship it to US gas stations."

Wow Des, that's so very impressive, I guess you are one of the idiots that don't believe in Capitalism too. Yes Des, oil is put on the world market, it's called business. The multinational oil companies don't work for us, yet many people do own stock in their companies so maybe they do. I guess you want the government to drill for our oil since they are such experts at gathering 6 year old facts. The government doesn't do anything well, don't you get that?

[Hobbit]

You mean, facts from experts who stand to profit from oil drilling, nevermind that it won't help the economy...those? We don't just use our own oil, we import/export a great deal of it. It's just not as simple as "drill for oil HERE, refine it, ship it to US gas stations."

That's a poison fruit fallacy. While there's pretty much always a good reason to doubt the word of anybody working for the government (more for incompetence than dishonesty), it's up to you to prove the scientists are dirty or otherwise wrong. Just because somebody has worked for an oil company before doesn't mean that they'll sacrifice every shred of integrity they've ever had to protect the company bottom line, especially if they don't even work there anymore.

[sgtdmski]

I am against offshore oil drilling. Why?

The biggest reason is that it won't do anything to lower gas prices or reduce our dependence on foreign oil. OPEC produces about 40% of the worlds oil. OPEC can adjust their output of oil to adjust the price of oil. We wouldn't produce enough oil to make a difference for another 30 years or so in this country alone.

So now it is another 30 years, lets see when this debate started in 2001 it was 7 - 10 years. Hmmm it is now 2009, well if the drilling had been allowed we would now have known wouldn't we. The whole time thing is just another delaying tactic. Keep extending the time and you never have to prove it.

dmk

[PostmodernProphet]

Fast forward to 2039: Price of oil $180 a barrel.....domestic production still blocked.....libs proclaim "there is no reason to unblock domestic production, if we did it now we wouldn't see an impact for 30 years".........

[Mr. P]

So now it is another 30 years, lets see when this debate started in 2001 it was 7 - 10 years. Hmmm it is now 2009, well if the drilling had been allowed we would now have known wouldn't we. The whole time thing is just another delaying tactic. Keep extending the time and you never have to prove it.

dmk

Actually...this debate started October 15, 1973, and we're still sitting on our F'rigin ass! Wuz that, 36 yrs ago?