Democrats take a stand against Big Oil (Bigtree in GD forum)

[Kolesar]

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=364x960621

[Tandalayo_Scheisskopf]

1. I see the possibility...

Of Big Oil being held to account, in any honest manner, in the same way I see the discovery of The Holy Grail under my bed:

It just ain't gonna happen anytime soon.

[Kolesar]

2. Big Oil is such a gigantic enterprise

With influence including media access, campaign contributions and the whole bush* administration. On the other hand, the American public has got to hate them every time they pull up to the pump for another forty dollar fillup. There was a lot of hatred against Big Oil back in the 1970s. The question is how to leverage that animosity.

[Strelnikov_]

3. So The Saudi's And The Iranians And The Kuwaiti's And The Venezuelans

and the Nigeria's and the Chimps soul mate (Putin) and the Norwegians and the Brits and the UAE and the Iranians and the Iraqi's (whoever that may be) and the 'Stan' country governments, along with the US oil majors, are all colluding? Even considering that in the 90's, with oil at around $20/bbl, OPEC could not keep member countries from cheating?

Yea, OK.

Guess what I want to know is where is all this supply the economists promised us would come on line once the prices got high enough. Hmm, maybe what we have is a Thermodynamic problem, a problem without ready substitutes, one in which the bedrock economic theory of substitution does not apply. Just maybe?

Maybe instead of looking for price collusion, they should be looking at why the existence and effects of peak oil is being suppressed in mass media and not being addressed by Government leaders. Could it be that there is massive money to be made in the initial years following peak for those holding the keys to the remaining petroleum assets? Just maybe?

And I am not even gong to start on Natural Gas.

[Kolesar]

4. PBS' Now made a good case that refiners &retailers are fixing gas prices

But the obvious supply problem is driving the raw material prices up.

Your thermodynamic analysis is a fundamental thesis of Jeremy Rifkin's "The Hydrogen Economy". Have you seen it presented elsewhere?

[JohnWxy]

5. Mergers, Manipulation and Mirages: How Oil Companies Keep Gasoline

A Public Citizen report:

http://www.citizen.org/documents/oilmergers.pdf

[Kolesar]

6. The consolidations in the last few years are staggering

The Clinton administration could and should have fought those consolidations. Ironic is that the oil president stole the White House to succeed Bill Clinton.