Notice all the ignorant shills consistently line up in his defense?
All offer quick talking points but when cold hard facts are laid upon the table, they seem to slip slide away and never comment in that thread again.
Bunch of progressive pussies.
dell,...............Cold Hard Facts ?
YOU CAN'T HANDLE COLD HARD FACTS !!!!!!!!!!!!!!!!!!
I opened this F*****G thread with COLD HARD FACTS, but you choose to treat it with FAUX News Bull SHITE instead.
(MSM) Main Stream Media/Drive by Media. Whadda' you think, your the second coming of El Bimbo ???????
YOUR TURN !!!!!!!!!!!!!!
Sparrow, I'd appreciate Any new info you've got or will get about Keystone/Nebraska.
What are the cold hard facts you can not dispute without your resorting to veiled expletives?
You can't express yourself without acting like an internet asswhole?
Fair Enough.
I RETRACT 10% - 12% of the Intensity !
I've been told for YEARS that I look EXACTLY like Jack Nicholson as he looks today. Jack has about 5 years on me.
So.....YEAH, I was doin' a little "A FEW GOOD MEN" on your arse. 🙄
http://www.cbsnews.com/8301-505145_162-57401456/more-us-drilling-didnt-drop-gas-price/
"Well I'll be DAMMED" !
And to think I ALMOST bought into dell's/Sparrows line of BS about BO being to BLAME for high gas prices. :angry:
High gas prices ? Corperate GREED/Capitalism at its UGLY Best !
Don't think "THIS" wont come up in the General Election debates !
The GOP, the GIFT that keeps ON + ON, GIVING !
LEAN FORWARD !
Regulation: Fearing gas price spikes on the East Coast this summer, Washington pols are trying to talk refiners out of closing unprofitable plants. It's the EPA they ought to hector.
The untold story behind soaring pump prices is that major U.S. refineries are going out of business and creating at least regional shortages thanks in no small part to costly EPA rules.
Over just the past six months, three refineries supplying about half the gasoline, diesel and jet fuel to the East Coast have closed, including two owned by Sunoco Inc. They say they simply cannot make money anymore.
Philadelphia-based Sunoco's refinery business in the Northeast has lost almost $1 billion over the past three years as U.S. demand for gas fell and the cost of foreign crude soared.
But over the same period, it had to shell out "significant expenditures for environmental projects and compliance activities" to satisfy onerous EPA mandates, according to the company's latest 10-K report.
In fact, it's spent more than $1.3 billion just to comply with stricter EPA rules, which carry stiff fines or penalties for violations. Sunoco fretted that these regulatory costs would grow exponentially under the Obama administration, which has hit some of its refineries with fines.
"During 2009, the EPA indicated that it intends to regulate carbon dioxide emissions, (which) could result in increases in costs to operate and maintain the company's facilities, as well as capital outlays for new emission control equipment at these facilities," the company warned investors in its 2011 report filed with the SEC.
"Compliance with current and future environmental laws and regulations likely will require us to make significant expenditures, increasing the overall cost of operating our businesses, including capital costs to construct, maintain and upgrade equipment and facilities," Sunoco added.
"To the extent these expenditures are not ultimately reflected in the prices of our products or services, our operating results would be adversely affected."
In the end, the company could not weather market crosscurrents long enough to recover the government-induced costs. It bled so much money that it decided to exit the refining business entirely.
A Sunoco spokesman confirmed in an interview with IBD that "the cost of complying with environmental requirements" was one of the factors that led it to decide to exit refining.
Drivers in the Northeast will be hit hardest by the shuttering of its large plants in Philadelphia. This has spurred the Energy Department to warn of capacity shortages along the East Coast and a "spike" in gas prices this summer.
If a currency is not a fiat currency and instead is tied to something of intrinsic value then ALL cirrency manipulation ceases. China is doing what it is doing for a variety of reasons. One of which is to destroy the dollar to the point where it is no longer the Worlds reserve currency.
Under a gold standard what happens when the Chinese show up with a couple hundred billion in US currency and say they want their gold?
The price of crude on the global market is being set by Chinese and Indian demand. Any increase in North American drilling and production will have a negligible immediate increase in global production, and subsequent price drop, other than speculator driven swings.
I do agree with an aggressive approach to fully realizing our potential here, while we continue to encourage emerging energy technologies.
Under a gold standard what happens when the Chinese show up with a couple hundred billion in US currency and say they want their gold?
So your saying, increasing North America drilling and production will have about the same impact that Soylondra and the Volt has
No Rush just said that.
You think the people on this board are talikng to you through your radio?
So you a closet Rushie?
No Rush just said that.
You think the people on this board are talikng to you through your radio?