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Old 11-03-2008, 01:49 PM  
Frankie Frankie is offline
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My personal observation:

In 2000 I decided to act on my suspicion that oil companies might try to influence presidential elections. My brother who is a Democrat but works for an oil company disagrees with my suspicion and we have had our arguments over this. But here is my personal observation that strengthens my argument and conviction to way beyond being merely a conspiracy theory:

Elections 2000-

After more than 7 years of Clinton era prosperity, oil prices shot up radically in the last 6 or 8 monthe before the elections. A lot of people went to voting booths rattled by this and blaming the Dems for it in their minds.

Elections 2004-

In the last few months of the Kerry/Bush race the oil prices suddently started to ease up dramatically. Shortly after that election, they rose back up almost as fast.

Elections 2008-

Have you seen gas prices lately? Enybody who will vote for the Republican ticket thinking that the Republican economy has now found a handle on these prices is a freaking idot. They will be back up in the first few months of a (God forbid) McCain administration and will go up even more afterwards. Just like they did in '04.

I am not gonna waste my time providing proof of the obvious, so please don't ask me for a link. Do your own research and prove me wrong.
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Old 11-03-2008, 01:55 PM   #2
RaiderH8r RaiderH8r is offline
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Quote:
Originally Posted by Frankie View Post
In 2000 I decided to act on my suspicion that oil companies might try to influence presidential elections. My brother who is a Democrat but works for an oil company disagrees with my suspicion and we have had our arguments over this. But here is my personal observation that strengthens my argument and conviction to way beyond being merely a conspiracy theory:

Elections 2000-

After more than 7 years of Clinton era prosperity, oil prices shot up radically in the last 6 or 8 monthe before the elections. A lot of people went to voting booths rattled by this and blaming the Dems for it in their minds.

Elections 2004-

In the last few months of the Kerry/Bush race the oil prices suddently started to ease up dramatically. Shortly after that election, they rose back up almost as fast.

Elections 2008-

Have you seen gas prices lately? Enybody who will vote for the Republican ticket thinking that the Republican economy has now found a handle on these prices is a freaking idot. They will be back up in the first few months of a (God forbid) McCain administration and will go up even more afterwards. Just like they did in '04.

I am not gonna waste my time providing proof of the obvious, so please don't ask me for a link. Do your own research and prove me wrong.
The SEC and DOJ constantly investigate oil companies on baseless accusations of collusion from tin foil hat types and come up with squat.

Exxon holds less than 3% of world reserves, the 5 majors collectively hold less than 6% of world reserves. They don't control dick. Put down your crack pipe and take in a big whiff of reality.

The obvious is you're taking coincidental occurances and devining some devious plot from those circumstances. Which is one of the defining characteristics of a paranoid delusion.
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Old 11-03-2008, 01:55 PM   #3
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This thraed was originally posted in the lounge. Please put you reactions here.
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Old 11-03-2008, 03:27 PM   #4
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NEW YORK (Reuters) – Oil fell nearly 6 percent on Monday as further indicators of falling demand linked to a potential recession offset OPEC plans to reign in output.

U.S. crude settled down $3.90 at $63.91 a barrel, after October saw the steepest monthly price decline ever for oil as global demand slowed. London Brent crude dropped $4.84 to settle at $60.48 a barrel.

Oil hit a record $147.27 a barrel in mid-July but has since more than halved as poor economic data added to pressure from weak demand reports in the United States and other key consumer nations.

"The most devastating blow for crude oil today is data showing that U.S. manufacturing activity in October fell to the lowest level in 26 years, which means more worries for oil demand," said Phil Flynn, an analyst at Alaron Trading, in Chicago.

"Manufacturing used to be a great forward indicator for oil demand, but if the manufacturing sector is down, it will be a struggle to keep oil demand up," he added.

U.S. factory activity -- a barometer for future oil demand -- contracted sharply in October, falling to its lowest in 26 years as the financial crisis racked the world's largest economy.

The Institute for Supply Management said its index of national factory activity fell to 38.9 in October from 43.5 in September. A reading below 40 is exceptionally weak.

BP (BP.L) Chief Executive Tony Hayward estimated U.S. demand has dropped 2 million barrels per day on the year over the last four weeks.

Corporate results and outlooks worsened on Monday, and automotive companies from Japan to Italy to Detroit said October sales were the weakest in about 20 years as economies continued to weaken and consumer credit, and available cash, dried up.

Ford Motor Co's (F.N) U.S. sales for October were down 30.2 percent on last year, with General Motors, Chrysler, Nissan and Volvo all reporting considerable slumps year on year.

OPEC CUTS

The market has been awaiting signs Saudi Arabia has cut back crude production after the OPEC agreed in October to reduce output by 1.5 million barrels per day (bpd) to support tumbling prices.

Saudi Arabia has yet to inform its customers of any cuts in November oil supply, trade sources in Asia said.

OPEC President Chakib Khelil said on Sunday that cartel members must implement agreed output cuts and inform customers of the reductions if they want a stable oil price between $70-$90 a barrel.

United Arab Emirates Oil Minister Mohammed al-Hamli said the OPEC member has kept its pledge to cut oil supplies in line with commitments.

A Reuters survey showed OPEC oil supply fell in October for a second consecutive month as Saudi Arabia and Iran trimmed production and maintenance curbed supply in the United Arab Emirates.

A separate poll of analysts ahead of weekly U.S. government inventory data forecast U.S. crude oil stocks rose by 1.1 million barrels last week. The analysts predicted a 1.3-million-barrel build in distillate inventories and a 1-million-barrel drawdown in gasoline stocks.

(Additional reporting by Robert Gibbons and Gene Ramos in New York, Alex Lawler and Ikuko Kao in London and Fayen Wong in Perth; Editing by Christian Wiessner)
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Old 11-03-2008, 04:01 PM   #5
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Old 11-03-2008, 04:12 PM   #6
Donger Donger is offline
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Quote:
Originally Posted by Frankie View Post
In 2000 I decided to act on my suspicion that oil companies might try to influence presidential elections. My brother who is a Democrat but works for an oil company disagrees with my suspicion and we have had our arguments over this. But here is my personal observation that strengthens my argument and conviction to way beyond being merely a conspiracy theory:

Elections 2000-

After more than 7 years of Clinton era prosperity, oil prices shot up radically in the last 6 or 8 monthe before the elections. A lot of people went to voting booths rattled by this and blaming the Dems for it in their minds.

Elections 2004-

In the last few months of the Kerry/Bush race the oil prices suddently started to ease up dramatically. Shortly after that election, they rose back up almost as fast.

Elections 2008-

Have you seen gas prices lately? Enybody who will vote for the Republican ticket thinking that the Republican economy has now found a handle on these prices is a freaking idot. They will be back up in the first few months of a (God forbid) McCain administration and will go up even more afterwards. Just like they did in '04.

I am not gonna waste my time providing proof of the obvious, so please don't ask me for a link. Do your own research and prove me wrong.
2000

Mar 03, 2000 27.15
Mar 10, 2000 28.8
Mar 17, 2000 27.35
Mar 24, 2000 25.12
Mar 31, 2000 24.37
Apr 07, 2000 23.39
Apr 14, 2000 21.93
Apr 21, 2000 22.74
Apr 28, 2000 23.28
May 05, 2000 24.29
May 12, 2000 26.2
May 19, 2000 27.37
May 26, 2000 27.65
Jun 02, 2000 27.72
Jun 09, 2000 27.69
Jun 16, 2000 28.98
Jun 23, 2000 28.51
Jun 30, 2000 29.27
Jul 07, 2000 28.7
Jul 14, 2000 28.14
Jul 21, 2000 26.94
Jul 28, 2000 25.06
Aug 04, 2000 25.21
Aug 11, 2000 26.84
Aug 18, 2000 27.93
Aug 25, 2000 28.43
Sep 01, 2000 30.59
Sep 08, 2000 32.32
Sep 15, 2000 30.63
Sep 22, 2000 31.39
Sep 29, 2000 28.28
Oct 06, 2000 28.33
Oct 13, 2000 30.64
Oct 20, 2000 29.71
Oct 27, 2000 30.46
Nov 03, 2000 29.37
Nov 10, 2000 30.27
Nov 17, 2000 31.06
Nov 24, 2000 30.68
Dec 01, 2000 29.66
Dec 08, 2000 25.45
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Old 11-03-2008, 04:12 PM   #7
Donger Donger is offline
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2004

Mar 05, 2004 30.88
Mar 12, 2004 31.15
Mar 19, 2004 31.46
Mar 26, 2004 31.51
Apr 02, 2004 30.07
Apr 09, 2004 29.55
Apr 16, 2004 31.21
Apr 23, 2004 31.24
Apr 30, 2004 31.75
May 07, 2004 33.63
May 14, 2004 35.01
May 21, 2004 36.15
May 28, 2004 35.49
Jun 04, 2004 35.29
Jun 11, 2004 32.93
Jun 18, 2004 32.6
Jun 25, 2004 32.79
Jul 02, 2004 31.61
Jul 09, 2004 34.12
Jul 16, 2004 34.94
Jul 23, 2004 35.9
Jul 30, 2004 36.84
Aug 06, 2004 38.27
Aug 13, 2004 39.03
Aug 20, 2004 40.68
Aug 27, 2004 39.29
Sep 03, 2004 37.05
Sep 10, 2004 37.16
Sep 17, 2004 37.48
Sep 24, 2004 39.8
Oct 01, 2004 41.62
Oct 08, 2004 42.26
Oct 15, 2004 44.31
Oct 22, 2004 44.27
Oct 29, 2004 44.98
Nov 05, 2004 40.84
Nov 12, 2004 38.16
Nov 19, 2004 35.77
Nov 26, 2004 37.71
Dec 03, 2004 36.83
Dec 10, 2004 32.25
Dec 17, 2004 33.21
Dec 24, 2004 36.16
Dec 31, 2004 33.05
Jan 07, 2005 35.16
Jan 14, 2005 38.26
Jan 21, 2005 39.49
Jan 28, 2005 42.76
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Old 11-03-2008, 04:13 PM   #8
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As any child can see, Frankie, your assertions are false.
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Old 11-03-2008, 04:14 PM   #9
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this is just absurd.
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Old 11-03-2008, 05:00 PM   #10
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Quote:
Originally Posted by Frankie View Post

I am not gonna waste my time providing proof of the obvious, so please don't ask me for a link. Do your own research and prove me wrong.
No, you are going to waste our time by starting a thread with merely your opinion, then have the gall to tell us to not bother asking you for a link.

.
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Old 11-03-2008, 05:02 PM   #11
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Quote:
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As any child can see, Frankie, your assertions are false.
Yeah but they make for good party talk!
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Old 11-03-2008, 05:04 PM   #12
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Old 11-03-2008, 05:07 PM   #13
Donger Donger is offline
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Yeah but they make for good party talk!
Is this party a retardation gathering?
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Old 11-03-2008, 05:09 PM   #14
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Is this party a retardation gathering?


Come on, like people don't talk like this every election year.

Regardless of the facts.

BTW, Obama's a Muslim Terrorist plant, just in case you haven't heard.
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Old 11-03-2008, 06:06 PM   #15
Frankie Frankie is offline
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Quote:
Originally Posted by Donger View Post
As any child can see, Frankie, your assertions are false.
Could you explain the 3rd column and reveal your source? I stand by my observation as I deliberately kept aware of the gas price changes during the last months of each election.
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