I just got this sick feeling... - Democratic Underground

Just-plain-Kathy

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Sat Jun-21-08 09:18 AM
Original message

I just got this sick feeling...

...now that we have four American oil companies controlling the oil in Iraq, couldn't Bushco drop oil and gas prices so low before the elections, resulting in a GOP win.

This is something we have to address.

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spanone

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Sat Jun-21-08 09:20 AM
Response to Original message

1. we'll keep our boys dying over there to protect those oil interests

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ColbertWatcher

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Sat Jun-21-08 09:46 AM
Response to Reply #1

10. Apparently the U.S. military are doing work as...

...security guards for the oil corporations.

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Just-plain-Kathy

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Sat Jun-21-08 11:15 PM
Response to Reply #10

12. Yes, we Americans are allowing Bushco to steel Iraq's oil on our dime. ...n/t

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Lost-in-FL

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Sat Jun-21-08 09:24 AM
Response to Original message

2. Cheap oil = no profit for oil companies

We won't have cheap oil, never again and we all need to get used to it.

Actually, we got used to cheap oil and now we are having a reality check.

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Just-plain-Kathy

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Sat Jun-21-08 09:31 AM
Response to Reply #2

4. Yes, but Bushco could lower prices now and say it was because we

went into Iraq. People would than support taking over Iran.

The oil companies could cut into their profits until McCain is elected...than bam...$10 a gallon.

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Lost-in-FL

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Sat Jun-21-08 09:36 AM
Response to Reply #4

6. He's blaming Congress for oil prices...

so then he cannot "lower" the price.

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tanyev

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Sat Jun-21-08 09:25 AM
Response to Original message

3. For once, I have some faith in George Bush.

He's screwed up everything he ever touched--it looks like the GOP is finally going to learn this the hard way.

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Lost-in-FL

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Sat Jun-21-08 09:34 AM
Response to Original message

5. It isn't W who control oil prices... is the Democrats, remember?

http://www.npr.org/templates/story/story.php?storyId=90030365

"This is a litmus test issue for many in Congress," President Bush said. "Somehow, if you mention ANWR, you don't care about the environment. Well, I'm hoping now people, when you say ANWR, it means you don't care about the gasoline prices."

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Frustratedlady

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Sat Jun-21-08 09:40 AM
Response to Reply #5

7. Bust [sic] is the LAST one to say Dems don't care about gasoline prices.

He's had that ****-eatin' grin on his face for way too long. He can try to impress the public with his Warrior on the Golden Steed stance all he wants, he's still a failure. Stick the litmus in one of his oil wells.

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Warpy

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Sat Jun-21-08 09:41 AM
Response to Original message

8. The price will drop this fall

but not down to those wonderful days of 2006, when so many people got suckered into buying new SUVs and monster trucks that they now have no way to feed.

Oil for gasoline is bought on contract and those contracts have been renegotiated with the new and improved 45 cent dollar. There is a limit to the hit the oil companies are going to take, in other words, and they're not going to take enough of a hit to get the SUVs back on the road and the GOP back into office.

Prices will go down, though, and a few stupid people will think it's a permanent condition. The majority will know better by now.

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GreenTea

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Sun Jun-22-08 02:40 AM
Response to Reply #8

21. Kick!

:kick:

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stillcool

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Sat Jun-21-08 09:45 AM
Response to Original message

9. I am not sure that there is any reason..

for these oil companies to celebrate yet. It seems to me the 'oil law' has been on the brink of being passed for years, only to fade to black.

Four oil giants - American ExxonMobil, the Dutch group Shell, France's Total and British major BP, all partners in the Iraq Petroleum Company, are in talks with Iraq's oil ministry for no-bid contracts to service the country's largest oilfields. Among others in the field are Chevron and smaller firms.

The four companies were picked from among more than 40 firms, including several from Russia, China and India, which were denied any contracts despite having signed memoranda of understanding with the Iraqi oil ministry, Gulf Today said.

“No-bid contracts are unusual for the oil industry and the deals being worked out are designed to let the four companies gain a firm foothold in Iraq,” it commented.

Legislation that would open up the country's oil sector to foreign companies remains stalled in the Iraqi parliament because of disputes among Shia, Sunni and Kurdish parties over revenue sharing and other conditions.

The deals are expected to be announced June 30.

The Iraqi oil ministry has described the no-bid contracts as a stop-gap measure to bring modern skills into the fields while the oil law is pending in parliament.

"Why then was the Russian company Lukoil, which signed a contract for the West Qurna field in southern Iraq, outside Basra, with the Saddam government and is offering free training to Iraqi engineers, denied a similar agreement?” Gulf Today asked.

A consortium of Chevron and Total has been given the 'service agreement' for West Qurna field.

“Surely, the other bidders also have advanced technology and expertise to do the job in Iraq, but they lack the most vital qualification - being closely wired into the American political establishment,” comments the paper.

http://www.newkerala.com/one.php?action=fullnews&id=76047

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jimshoes

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Sat Jun-21-08 10:23 AM
Response to Reply #9

11. If chimpco can't get a status of forces

agreement signed sealed and delivered, there won't be anyone to protect all those precious wells and pipelines. Too bad.

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MH1

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Sun Jun-22-08 07:53 AM
Response to Reply #11

23. But doesn't SOFA only become relevant after the election?

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shanti

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Sat Jun-21-08 11:18 PM
Response to Original message

13. not gonna happen

they know they're not going to win anything, so now they're ramming it home. follow the money...

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Just-plain-Kathy

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Sun Jun-22-08 12:03 AM
Response to Reply #13

16. McCain is now running with the GOP's old stand-by. He say's he's against Roe vs Wade...

...All the media needs is a reason for us to believe McCain has a chance.

I bet everyone will swallow a stolen election if we're told McCain won because of his stance on over turning Roe vs. Wade.

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Cleita

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Sat Jun-21-08 11:21 PM
Response to Original message

14. It will only work if the MSM corporate spin machine

can convince the majority of Americans that it's the case and does a bang up job of it. I think 60% of Americans have figured out that they are being propagandized by the media. I don't think Obama would have come as far as he did if this wasn't true. Sixty percent of Americans don't care anymore what the spinmeisters with their newly faxed every morning talking points are saying.

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Super Soaker Sniper

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Sun Jun-22-08 12:31 AM
Response to Reply #14

17. I would not be so sure.

Almost 70% of the American public believes that opening up the coast and ANWAR to more drilling will drop the price of gas at the pump. If they are buying into anything, it is the GOP line that Democrats in Congress obstructing new exploration is the cause of our woes.

I'll be honest, I do not like $4 a gallon gas either, but I do not think that Congressional finger pointing will get much accomplished.

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Cleita

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Sun Jun-22-08 01:39 AM
Response to Reply #17

19. Do you have a reliable source for that seventy percent?

I think 70% of the American public have no idea what ANWR is?

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Super Soaker Sniper

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Sun Jun-22-08 02:08 AM
Response to Reply #19

20. Here are a couple ranging from 60% to 76%.

http://www.rasmussenreports.com/public_content/politics/general_politics/62_agree_with_mccain_on_need_for_offshore_drilling

http://www.foxnews.com/story/0,2933,369827,00.html

Rueters/Zogby had a poll out also with I think 69% in favor of drilling. I'll try to find the link.

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TheWatcher

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Sun Jun-22-08 07:47 AM
Response to Reply #20

22. Had you left the Fox News link out of the mix

Edited on Sun Jun-22-08 07:48 AM by TheWatcher

We might not have fully understood the nature of your "concern."

Thanks for the clarity. :hi:

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Super Soaker Sniper

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Sun Jun-22-08 10:47 AM
Response to Reply #22

27. I included the Fox Poll because it agreed with the other one

more or less.

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TheWatcher

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Sun Jun-22-08 03:56 PM
Response to Reply #27

29. Sure you did.

*Pats you on the head*.

You're adorable.

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Super Soaker Sniper

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Sun Jun-22-08 04:02 PM
Response to Reply #29

30. The Fox Poll

shows that a majority of Americans favor more drilling just like the Rassmussen and Zogby Polls do. So what is with the condescending tone? If anything from Fox is completely unacceptable, then I will not cite them as a source if there are other sources saying the same thing. Which was the case this time.

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TexasObserver

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Sat Jun-21-08 11:41 PM
Response to Original message

15. they won't drop the prices until September

Edited on Sat Jun-21-08 11:43 PM by TexasObserver

They're going to take the maximum profits they can pull down through August. Once we get past Labor Day, they'll start dropping back prices to help the GOP win congressional races in tight contests.

The big oil game plan is to get everything they possibly can this year, in anticipation of losing ground next year. They're driving the price up to help them get drilling rights THIS year, before the election changes things.

Bush and Cheney are oil men. It's the reason big oil has bathed in record profits the past five years. War in the mideast helps increase the price of oil.

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LaPera

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Sun Jun-22-08 01:02 AM
Response to Original message

18. Dropping gas prices to help republicans before the election is a given....

Edited on Sun Jun-22-08 01:34 AM by LaPera

they've done it three times in the past three elections, the oil companies send the bulk of their donations to republican candidates because republicans let them run wild, their bullshit deregulation ideology, along with tax breaks and our tax dollars going to the oil company in the form of subsidies to the same gigantically profitable, gouging oil companies.

Will it help, doubtful...especially if it's exposed and made clear - what occurred under six years of total republican rule, gas prices going up, up & up....including how republicans veto everything for change, needing a 60% majority needed to change anything.

As republicans just voted down ALL tax breaks & incentives for alternative energy....the republicans don't want to take away a dime from their oil friends and contributors...no matter how much deadly toxins they produce.

The point is, we need to make it clear that it's the republicans who allow and tolerate the oil companies bullshit...right now the republicans have a campaign going (on talk radio & MSM) pointin the finger and say it's the all Dems fault.

Collusion? Absolutely!

In so much as one only has to recall that the average oil price was $1.47 a gallon when BushCo Inc. took office in Jan 2001 - and the price has risen steadily since, only to drop a few month's before each election.

So how can it be the Dem's fault, if magically, and on cue prices fall after summer, right before the election?

It has to be made very clear to everyone (if they don't already know it)...that the oil companies support the republicans and ALL the CEO & Vice-Prez are all republicans....they certainly are not democrats!

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ileus

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Sun Jun-22-08 07:57 AM
Response to Original message

24. I wish they could drop prices, but they have no reason.

GW could care less about McCain...."dat oil belongs on the open market." and that means inflated prices forever.

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Just-plain-Kathy

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Sun Jun-22-08 10:46 AM
Response to Reply #24

26. Bush would rather a McCain win because then the Bush/Cheney defense investments..

...still gain. Bushco needs to control the White House in order for the Carlyle Group and PNAC to continue to profit.

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MH1

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Sun Jun-22-08 07:58 AM
Response to Original message

25. If BushCo can control oil prices, then it appears their intent is the opposite -

keep prices high, and blame Democrats for not opening absolutely everything to drilling.

If Dems cave on drilling, they could lose a substantial portion of their base, plus others in certain states will be rather pissed as well.

If Dems stand firm, the GOP will paint them as the reason for gas prices being so high, with lots of help from 24/7 talk radio, Faux News, and the like. (Never mind that mainly repubs have acknowledged that it will take 30 years for new drilling to affect prices, plus there is a vast area already open to drilling that is not being drilled. Facts will not get in the way of the narrative.)

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Just-plain-Kathy

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Sun Jun-22-08 10:55 AM
Response to Reply #25

28. I think we have to push to get the word out that it was Reagan who...

...first stop drilling off our coast.

Look at a clip from this NY times article...

***Bush Will Seek to End Offshore Oil Drilling Ban***

http://www.nytimes.com/2008/06/18/washington/18drill.html

snip....

.... But the topic of coastal drilling has been an extremely sensitive one in the Bush family; Mr. Bush’s father, the first President Bush, signed an executive order in 1990 banning coastal oil exploration, and Mr. Bush’s brother Jeb was an outspoken opponent of offshore drilling when he was governor of Florida.

...end snip.

See, even republican brother Jeb Bush was opposed to offshore drilling.

We have to remind people that republicans controlled every branch of our government for six of the last eight years, and they didn't do anything to lift this ban until now. (Now that American oilmen would profit more from the high prices of oil)

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