ian807 wrote:And short of seizing their entire country as well as all their other customers willing to pay more, how would such a thing be enforced?
thisisit wrote:ian807 wrote:And short of seizing their entire country as well as all their other customers willing to pay more, how would such a thing be enforced?
It's a deal to take over more power, if Saudi's believe in USA predominence over the world they will see it as a good move as long as they get their share of the pie in the new economic that it will pop...what's important is to prove that oil will be use to improve new development in strategic economic fields for long term benefits to both parties. Saudi's don't have to sell at 50 to others in fact they should'nt be allow. If other producers want to lower to 50 afterwords well let it be... even lower prices shall be receive as a good thing. By lowering cost for energy so suddenly massive ammount of investment will occure in the USA to top sectors the US dollar will sky rocket therefore abating the debt sentence...
As Georges Bush already put it in the pass, "you are either with me or against me". Also, its not important the price you sell your oil but to who and the reason why...if you can convince saudi's they're better off with us at 50 with the right plan they will understand that its better to be pay with US dollars from a healthy US country at 50 then triple digit price with USA on the brink of collapse. As long as they get a good seat in the house you will see like them that the view on WW III is better from here in the comfort of your house...GoIllini wrote:thisisit wrote:ian807 wrote:And short of seizing their entire country as well as all their other customers willing to pay more, how would such a thing be enforced?
It's a deal to take over more power, if Saudi's believe in USA predominence over the world they will see it as a good move as long as they get their share of the pie in the new economic that it will pop...what's important is to prove that oil will be use to improve new development in strategic economic fields for long term benefits to both parties. Saudi's don't have to sell at 50 to others in fact they should'nt be allow. If other producers want to lower to 50 afterwords well let it be... even lower prices shall be receive as a good thing. By lowering cost for energy so suddenly massive ammount of investment will occure in the USA to top sectors the US dollar will sky rocket therefore abating the debt sentence...
Why would Saudi Arabia want that when they can charge China $100/barrel for oil?
thisisit wrote: As Georges Bush already put it in the pass, "you are either with me or against me". Also, its not important the price you sell your oil but to who and the reason why...if you can convince saudi's they're better off with us at 50 with the right plan they will understand that its better to be pay with US dollars from a healthy US country at 50 then triple digit price with USA on the brink of collapse. As long as they get a good seat in the house you will see like them that the view on WW III is better from here in the comfort of your house...
GoIllini wrote:thisisit wrote: As Georges Bush already put it in the pass, "you are either with me or against me". Also, its not important the price you sell your oil but to who and the reason why...if you can convince saudi's they're better off with us at 50 with the right plan they will understand that its better to be pay with US dollars from a healthy US country at 50 then triple digit price with USA on the brink of collapse. As long as they get a good seat in the house you will see like them that the view on WW III is better from here in the comfort of your house...
The USA is hardly on the brink of collapse. We are swimming in natural gas and control the world's food supply. And supplying gasoline at $50/barrel will mean other people who were paying $100/barrel for gasoline now get shut out of the market and get angry. China? Maybe India? That's a very good way to accelerate WWIII.
No, the best solution is to maximize energy production, and that's to let the free market set the price. At $100/barrel, the last barrel of oil produced costs $99.99 to pull out of the ground and get to market. If we cut oil prices to $50/barrel, that oil no longer gets produced and people who could originally buy oil get shut out of the market.
GoIllini wrote:Actually, real demand and real supply are lining up quite neatly right now.
Perhaps we should try and break the OPEC cartel, but I'm not sure how much good that would do. Maybe drop oil prices by $5 on increased downside risk.
Also Saudi Arabia is trying to preserve the oil it has. If you know oil could be $90/barrel in two years, would you sell everything you could produce for $35/barrel today?
The best solution to high oil prices is... well, high oil prices. And if we can get fusion working, everybody can have their own spaceship and IBM Watson Computer.
thisisit wrote:The fact remains that I don't care about Saudi's neither do you, so let's not extrapolate how they could accept to sell their oil at 50 or 35...I am beeing generous when I offer a 50 dollar target...I'd rather get it free and when I say free I mean free I only presume they would find it a right price at 50 in their infinit kindness...
...Do you really think it's time for dreams like fusion when the only fusion working right now is a brand of razor...perhaps with cheap oil we could get more people working on the serious stuff.
Supply and demandthisisit wrote:In order to get out of the hole USA should impose a 50 dollars per oil for each barrel of oil. No more futures market on oil in USA just a plain price of 50 dollars, of course after a year or two of that medecine USA impose another cut to 30 dollars....Big oil companies get their usual cut and their share of the market, consumers see a drastic drop in the gaz price at the pump, industries start saving lots of money...and jobs reappear...of course Saudi's will get hangry at such a push but in order to obset the lost they encounter between present price and the so call 50 lets offer them investment priority in USA which should bring a source or revenue and new political power in the coutry day to day business...lets see it as a new kind of partnership and forget about peak oil...what's important is peak job, work today, eat today...think tommorow after a good night of sleep.
What cartel?GoIllini wrote:Perhaps we should try and break the OPEC cartel,
GoIllini wrote:thisisit wrote: As Georges Bush already put it in the pass, "you are either with me or against me". Also, its not important the price you sell your oil but to who and the reason why...if you can convince saudi's they're better off with us at 50 with the right plan they will understand that its better to be pay with US dollars from a healthy US country at 50 then triple digit price with USA on the brink of collapse. As long as they get a good seat in the house you will see like them that the view on WW III is better from here in the comfort of your house...
The USA is hardly on the brink of collapse. We are swimming in natural gas and control the world's food supply. And supplying gasoline at $50/barrel will mean other people who were paying $100/barrel for gasoline now get shut out of the market and get angry. China? Maybe India? That's a very good way to accelerate WWIII.
No, the best solution is to maximize energy production, and that's to let the free market set the price. At $100/barrel, the last barrel of oil produced costs $99.99 to pull out of the ground and get to market. If we cut oil prices to $50/barrel, that oil no longer gets produced and people who could originally buy oil get shut out of the market.
thisisit wrote:The fact remains that I don't care about Saudi's neither do you, so let's not extrapolate how they could accept to sell their oil at 50 or 35...I am beeing generous when I offer a 50 dollar target...I'd rather get it free and when I say free I mean free I only presume they would find it a right price at 50 in their infinit kindness...
dorlomin wrote:What cartel?GoIllini wrote:Perhaps we should try and break the OPEC cartel,
Once oil producing countries stop accepting worthless dollars from the US for oil, the US will collapse over night. China, Russia, India and a few other countries have already dumped the Petro Dollar and are trading oil in other currencies. The US is also having trouble selling its debt. Once you can't sell your debt, you have to monetize it. This is one of the last straws before currency collapse. Fiat currencies are unsustainable.
eXpat wrote:thisisit wrote:The fact remains that I don't care about Saudi's neither do you, so let's not extrapolate how they could accept to sell their oil at 50 or 35...I am beeing generous when I offer a 50 dollar target...I'd rather get it free and when I say free I mean free I only presume they would find it a right price at 50 in their infinit kindness...
How would you do that? Threaten then with nukes?
thisisit wrote:I have the answer to your question but I'm afraid it is a defense security matter, my hope is intelec in the decision office find it by them self...I suppose they are smart enough,...
GoIllini wrote:Everyone knows Saudi Arabia is turning off the derricks if oil drops below about $60/barrel- not because it's too expensive to produce, but because they're part of the cartel.
dorlomin wrote:GoIllini wrote:Everyone knows Saudi Arabia is turning off the derricks if oil drops below about $60/barrel- not because it's too expensive to produce, but because they're part of the cartel.
Thats not a cartel, that is a swing producer.
And if you think our problem is we need to break OPEC incase oil gets back down to $60 dollars, you may not be seeing the same picture as others.
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