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-   -   American Oil (http://forums.sv650.org/showthread.php?t=197935)

Bibio 28-04-13 01:46 PM

American Oil
 
should the yanks be told by Opec to open their oil fields and start pumping oil like everyone else?

i don't think it's fair that they get to keep reserves while everyone else is depleting theirs.

Spank86 28-04-13 01:48 PM

Re: American Oil
 
America aren't a member if OPEC.

savage86 28-04-13 09:51 PM

Re: American Oil
 
Quote:

Originally Posted by Spank86 (Post 2860810)
America aren't a member if OPEC.

Well theres your problem!

Specialone 28-04-13 10:00 PM

Re: American Oil
 
I've seen first hand, oil fields in Texas that apparently have loads of oil but hardly ever get used, perhaps they are stock piling.

chris8886 28-04-13 11:01 PM

Re: American Oil
 
Quote:

Originally Posted by specialone (Post 2861000)
I've seen first hand, oil fields in Texas that apparently have loads of oil but hardly ever get used, perhaps they are stock piling.

a well known phrase involving a nail, head and hammer somewhat comes to mind here! lol

Stenno 29-04-13 07:24 AM

Re: American Oil
 
Like it or not, they're being very shrewd.

yorkie_chris 29-04-13 07:34 AM

Re: American Oil
 
Quote:

Originally Posted by Bibio (Post 2860809)
should the yanks be told by Opec to open their oil fields and start pumping oil like everyone else?

None of OPEC's business to tell them what to do. Only thing they could do is convince them to do it by price rises... but why would they drive away their business?

Mr Speirs 29-04-13 09:23 AM

Re: American Oil
 
Why sell it now or in the past when it's been cheap...sell it when it's super expensive, when everyone else runs out!

punyXpress 29-04-13 02:33 PM

Re: American Oil
 
Only the same as what we're ( not ) doing with coal?

TamSV 29-04-13 02:51 PM

Re: American Oil
 
I'm confused. Is America holding on to its oil now? Last I heard their oil and gas production was expanding so massively that they expect to be self-sufficient in a decade. That's bad news if you're an OPEC member.


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