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kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-27-06 06:47 PM
Original message
Gas prices may go down in the next couple of weeks...
This new, huge pipeline, the B-T-C just opened today thru Turkey and on the Mediterranean.



link: http://www.nzherald.co.nz/section/story.cfm?c_id=2&objectid=10127544

<snip>
The first drops of crude will snake their way along a pipeline that traverses some of the most unstable and war-ravaged countries on Earth. This is the oil flow that was meant to save the West, and last night the taps were to be turned on.

The 1754km Baku-Tbilisi-Ceyha pipeline has transformed the geopolitics of the Caucasus and its impact is now being felt in Central Asia.

Output is supposed to reach one million barrels a day - more than 1 per cent of the world�s total production - from an underground reserve that could hold as many as 220 billion barrels.

Its architects and investors claimed the pipeline would shore up energy supplies in the US and Europe for the next half century.

....more
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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-27-06 06:48 PM
Response to Original message
1. They might also go down once anyone with any clout hears
about the disgusting profits being made.
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Ravenseye Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-27-06 06:50 PM
Original message
Wasn't that in a James Bond movie?
From The World is Not Enough I think.
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BootinUp Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-27-06 06:55 PM
Response to Original message
4. You stole my question!
Edited on Thu Jul-27-06 06:57 PM by Jim4Wes
<G>

I think in the Bond movie it was Azerbijhan (sp?) where the oil originated.

On edit: nevermind, Baku is in Azerbaijhan.
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Ravenseye Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-27-06 06:59 PM
Response to Reply #4
8. Yeah if I remember correctly it's like...exactly
Istanbul better watch out...wasn't the plan to nuke Istanbul so that all the oil woudl go through their pipeline?
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MoseyWalker Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-27-06 06:50 PM
Response to Original message
2. Pseudo guilt
causes many things to happen.

Too much profit? It's being spoken by the talking news heads? Well, let's just give the peasants a few more cents in their holey pockets....for a bit
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jdlh8894 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-27-06 06:53 PM
Response to Original message
3. Maybe in a year
First, it has to be transported and then stored . Then hopefully it can be refined.
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kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-27-06 06:56 PM
Response to Original message
5. Study the map and then read this link:
http://www.bakutoday.net/view.php?d=13450

Putin is not happy with Dubya or Azerbaijan...
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Strelnikov_ Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-27-06 06:56 PM
Response to Original message
6. 'Oil Pipe To Loosen Opec Grip'
How does 1 M bbl/dy, a little bit more than the US gets from domestic stripper wells, 'Loosen The OPEC Grip'.

I guess hyperbole is now taught as core course in journalism school.

Also, there are now question as to whether the reserves in the region are adequate to even make the pipeline project worthwhile.

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BuyingThyme Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-27-06 09:07 PM
Response to Reply #6
18. OPEC has no grip. Domestic producers simply match the OPEC rate.
Competition is strictly forbidden.
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ComerPerro Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-27-06 06:56 PM
Response to Original message
7. Even if they go down, they will be higher than they need to be
That's why prices go up so much.


So they can gouge us for more than they should, and have us feel greatful for it.


Paying $2.50 a gallon doesn't seem so bad now, does it? Almost feels like a steal.


But if someone wanted to charge you that even five years ago, you would have told them to go screw.
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Greyhound Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-27-06 07:01 PM
Response to Original message
9. They will go down about the first week of Sept. to help the Repukes
hold on to their power for two more years. The numbers have shown repeatedly that the price we pay is nothing more than the energy consortium manipulating the prices with smoke and mirrors.
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tabasco Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-27-06 08:10 PM
Response to Reply #9
14. I agree completely.
One of the current regimes objectives was to generate enormous profits for their buddies that own the oil companies.

Supply wil not affect prices with this gang in charge.

Mission Accomplished !
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Selatius Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-27-06 07:04 PM
Response to Original message
10. This is why Russia interferred heavily with Georgian elections
Tbilisi is in Georgia, and they wanted a pro-Russian government in power there. Then the Velvet Revolution happened, and the regime there is ostensibly pro-US.
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kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-27-06 07:57 PM
Response to Reply #10
12. And that is why Putin was shown in Venezuela shaking hands with Chavez?
today. It all ties together, doesn't it. Pooty did not like the way Dubya stabbed him in the back, I guess?
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The Anti-Neo Con Donating Member (402 posts) Send PM | Profile | Ignore Thu Jul-27-06 07:07 PM
Response to Original message
11. I'll have to see it to believe it!
Exxon Mobil & Conoco Phillips are just not making enough profit ya know!:sarcasm:
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Jack_Dawson Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-27-06 08:05 PM
Response to Original message
13. Right around October, is my guess
Know what I'm sayin'?
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Greyhound Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-27-06 08:50 PM
Response to Reply #13
15. Yep, I gave it an extra month to convince the sheeple that things are
really getting better before they vote.
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SammyWinstonJack Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-27-06 08:54 PM
Response to Reply #13
16. Don't want to introduce a new product in August, ya know? Price will
drop in time for people to forget, just before the '06 election fiasco. Same pattern, as always.
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IDemo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-27-06 09:04 PM
Response to Original message
17. This will have zero effect on gas prices until next year
and then, not by much:

"--(BTC) will pump 1 million barrels per day of Caspian Sea oil toward
Western markets when it becomes fully operational next year."


Which is still just over one percent of total global daily consumption.
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QuestionAll... Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-27-06 09:08 PM
Response to Original message
19. if your roads get bombed, yes they will... nt
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DemoTex Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-27-06 09:09 PM
Response to Original message
20. Praise Jesus! More oil! Just in time for football season.
Let's hook a trailer to the H-2 and go to a game!

:sarcasm:

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