Price of crude? Way below $40 in MT, WY, ND! Produces may stop pumping.

And by the info I read on this a few weeks ago, at least some of this cheap oil is sweet crude. Our little ag interest weekly (not online, alas) had an article about WY sweet crude going for $32 a barrel!

So, Big Oil is robbing you at the pumps and robbing independent American producers at their end too. Ya don't suppose they intend to put the independents (and a lot of folks in agriculture who also happen to have the rights to the treasures under their soil) outta business do you? Nah, they'd never do something rotten like that. HA!

http://www.billingsgazette.net/articles/2006/04/20/news/state/33-gov.txt



Next time YOUR GOP Congress weenie tells you 'We have to open up fragile federal land to drilling! We MUST increase domestic production...' Throw this fact in his/her face: WE HAVE DOMESTIC PRODUCTION! The refineries just won't pay the producers for it.

But I don't guess we'll be seeing on CNN anytime soon. :mad:

might be worth a try.

to domestic producers - I'm flabbergasted.
When oil rose to the current high per barrel, I thought, "Well, at least the stateside producers will profit from this, too." But no. This is the most outrageous thing I've heard recently - and that's sayin' somethin'! :mad:

On edit: And way good on Gov. Schweitzer to hold the meeting - Schweitzer rocks and will work on getting this BS resolved!

:sarcasm:

clean, renewable energy like wind for our power grid. And how many alternate energy autos have students at places like MIT come up with over the decades? How many patents did Big Oil and Big Auto buy in my lifetime? Probably way too many.

clean, renewable energy, and the corps will find a way to make mega bucks on that energy while gouging us, again.

in a long time and yet I believe it. More proof that this is a manufactured crisis at least in large part. Shut off your pumps until those sons-of-bitches give you a fair price.

And, if the DEMS don't jump on this as an issue in an area ripe for going blue, they are missing a good opportunity.

Profits, Not Crude Oil Prices Or Ethanol, Are Driving Pump Price Spike

Increases in the "spot" market price of crude oil --
which is the highest price a major oil company would pay for crude oil --
accounted for only 12 cents per gallon.

California's percentage sales tax increased fuel prices by another four cents per gallon.

More than 40 cents of the 60-cent increase in gasoline prices over 3 1/2 months is attributable to increased refinery and marketing profit margins for the oil companies;


http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=132x2579168

Big Oil just doesn't want anybody else profiting from it. So, refineries are stiffing local producers and letting America believe all the cost is due to some high living sheiks.

Inferring that brown people in Islamic states are the root of the problem seems part of the plan. Big Oil gouges the consumer while helping stoke the suspicion and hate against Middle Eastern and Persian nations which then allows for bad US foreign policy (that just happens to benifit...BIG OIL!)

It's sort of a covert version of the WMD lies to work up the masses for war. Keep people looking at those who are different as the root of all evil and the oil guys in DC can do pretty much what they want.

where?

Ranchers sitting on oil and investing in drilling equipment. Now the refineries are jerking them around.

We have lots of coal... it starts out as oil, doesn't it? Not all of the coal is done gettin made just yet. There's gas too.

Coal and oil/gas have complete different petrogenesises. Just nitpickin'. I'm a wellsite geologist and lifelong Wyoming resident. Thanks for posting. :hi:

Lots of dead plant & big reptile matter from long ago.

Wanna buy some coprolite? ;) Got some in the front yard.

and when was it found?

that this summer there should be an increase in world supply and price reductions because of several new fields off of africa and others would be coming on line. i will read the newest jpt tonight and see what their figures are on supply and demand...

or maybe we will still have to dig for those facts. And we will still be paying through the nose, right up to the time next fall when they will hope to sock it to those using home heating oil. Hey, wouldn't that mean gas prices fall just in time for some elections? x(

and build/buy out regional refineries? Wyoming has mineral rights profits and I suspect North and South Dakota have sufficient resources to invest. Of course this would drive the Bushies* crazy. Government-controlled oil production, in order to serve their people? How very Venezuelan (Chavez) or me to suggest!

Lots of space, not many people. We have enough trouble keeping our long, long roads paved and small-town schools and clinics open. There is not much of a tax base here abouts. And I reckon starting up a state run refinery would mean a lot of permits and such. With oil men running the federal government and all the agencies, I seriously doubt any state would get the approvals they need to compete against Big Oil.

Montana's governor is promoting wind energy and diesel from coal for a short term fix as we work on other forms of getting from point A to point B.

As per the article I linked to, refineries are in CO. And they are flat out not gonna pay a fair price for the oil. My guess is, besides big profit$, the refinery companies are holding off building new facilities until the US citizens are so starved for oil and the economy it drives that we do their dirty work for them and insist Congress repeal all the clean air and other regulations on the oil business.

Thinking that is the point of cheap, powerless illegal immigrant labor too. It is not just the payroll big companies and rich pricks are saving on. They are saving big on payroll taxes like workers comp insurance payments, unemployment insurance payments and all the expense of following laws protecting worker safety and other protections. They will starve Americans until WE give up on them having some responsibilities too.

that buys my oil in Illinois...they paid $59.50/bbl. Not sure what to make of it all...

just the other day he came on camera and said that igf there are reports of price gouging, we will investigate.

My ass!

that was posted yesterday? Wasn't sure if any other papers or news blogs verified that report and was curious about it.

Several "stories" yesterday claiming gas "could go as high as" $4 a gallon.

for self serve http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=364&topic_id=969511
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=364x967987

Evidently, the station owner has small storage tanks and can't get much gas at a time so he is getting clobbered by suppliers.