Should the Arabs increase the oil output? - Mercedes-Benz Forum

View Poll Results: Should they increase oil production?
Yes 1 16.67%
No 0 0%
What have we done for them lately? 4 66.67%
What have they done for us lately? 0 0%
Let's just invade the whole lot and claim OUR oil 1 16.67%
Voters: 6. You may not vote on this poll

Reply
 
LinkBack Thread Tools Display Modes
post #1 of 19 (permalink) Old 05-30-2008, 02:50 PM Thread Starter
DP
Moderator
 
DP's Avatar
 
Date registered: Aug 2002
Vehicle: 190E, 400E, SLK350
Location: Chesapeak Bay
Posts: 64,292
Mentioned: 2 Post(s)
Quoted: 1067 Post(s)
Lifetime Premium Member
(Thread Starter)
Should the Arabs increase the oil output?

Many protests are going on throughout Europe and things aren't getting any better for us at the pump. Do you think the Arabs should jump in and help us? Do you think it's their obligation to do so?
DP is offline  
Sponsored Links
Advertisement
 
post #2 of 19 (permalink) Old 05-30-2008, 02:51 PM
BenzWorld Elite
 
Date registered: Sep 2004
Vehicle: 95 E300
Location: Inside my head
Posts: 36,850
Mentioned: 0 Post(s)
Quoted: 392 Post(s)
It's their oil, let them charge whatever the market will bear. Just don't penalize domestic companies for passing along the increases.

What would the results be? A tremendous incentive for innovation and exploration with the financial resources to do it.

Fine with me.

B

The biggest problems we are facing right now have to do with George Bush trying to bring more and more power into the executive branch and not go through Congress at all and that’s what I intend to reverse.

~ Senator Barack H. Obama
Botnst is offline  
post #3 of 19 (permalink) Old 05-30-2008, 02:53 PM Thread Starter
DP
Moderator
 
DP's Avatar
 
Date registered: Aug 2002
Vehicle: 190E, 400E, SLK350
Location: Chesapeak Bay
Posts: 64,292
Mentioned: 2 Post(s)
Quoted: 1067 Post(s)
Lifetime Premium Member
(Thread Starter)
Quote:
Originally Posted by Botnst View Post
It's their oil, let them charge whatever the market will bear.

B
Read the question, it's not about charging, it's about production! Besides they have no control about what the market will bear as a price for oil. You know that and have said it yourself. On the other hand no one is immune from manipulation and you know that as well.
DP is offline  
post #4 of 19 (permalink) Old 05-30-2008, 03:01 PM
BenzWorld Elite
 
mzsmbs's Avatar
 
Date registered: Sep 2004
Vehicle: 1972 Mercedes 250 (/8) W114/M130
Location: on a high bank of a creek
Posts: 7,296
Mentioned: 0 Post(s)
Quoted: 1 Post(s)
i hear petrol is 46c/al in Ryad so i don't see them needing any more.



in political asylum
mzsmbs is offline  
post #5 of 19 (permalink) Old 05-30-2008, 03:03 PM
BenzWorld Elite
 
Date registered: Sep 2004
Vehicle: 95 E300
Location: Inside my head
Posts: 36,850
Mentioned: 0 Post(s)
Quoted: 392 Post(s)
Quote:
Originally Posted by drewprof View Post
Read the question, it's not about charging, it's about production! Besides they have no control about what the market will bear as a price for oil. You know that and have said it yourself. On the other hand no one is immune from manipulation and you know that as well.
Production affects price. If they produce more (if they CAN produce more ... but that's another question) then the price will drop. But you already knew that, right?

B

The biggest problems we are facing right now have to do with George Bush trying to bring more and more power into the executive branch and not go through Congress at all and that’s what I intend to reverse.

~ Senator Barack H. Obama
Botnst is offline  
post #6 of 19 (permalink) Old 05-30-2008, 03:05 PM Thread Starter
DP
Moderator
 
DP's Avatar
 
Date registered: Aug 2002
Vehicle: 190E, 400E, SLK350
Location: Chesapeak Bay
Posts: 64,292
Mentioned: 2 Post(s)
Quoted: 1067 Post(s)
Lifetime Premium Member
(Thread Starter)
Quote:
Originally Posted by Botnst View Post
Production affects price. If they produce more (if they CAN produce more ... but that's another question) then the price will drop. But you already knew that, right?

B
The question is Should they? My question I guess assumed that I knew that, don't you agree? What's your next bait?
DP is offline  
post #7 of 19 (permalink) Old 05-30-2008, 03:06 PM Thread Starter
DP
Moderator
 
DP's Avatar
 
Date registered: Aug 2002
Vehicle: 190E, 400E, SLK350
Location: Chesapeak Bay
Posts: 64,292
Mentioned: 2 Post(s)
Quoted: 1067 Post(s)
Lifetime Premium Member
(Thread Starter)
Quote:
Originally Posted by mzsmbs View Post
i hear petrol is 46c/al in Ryad so i don't see them needing any more.
EXACTLY and they ain't hurtin now are they? The question again, should they help the rest of the world?
DP is offline  
post #8 of 19 (permalink) Old 05-30-2008, 03:19 PM
BenzWorld Elite
 
mzsmbs's Avatar
 
Date registered: Sep 2004
Vehicle: 1972 Mercedes 250 (/8) W114/M130
Location: on a high bank of a creek
Posts: 7,296
Mentioned: 0 Post(s)
Quoted: 1 Post(s)
Quote:
Originally Posted by Botnst View Post
Production affects price. If they produce more (if they CAN produce more ... but that's another question) then the price will drop. But you already knew that, right?

B

check your numbers Bot. there is more oil being produced right now then 10years ago and i sure recall 72c fill ups back then..



in political asylum
mzsmbs is offline  
post #9 of 19 (permalink) Old 05-30-2008, 09:08 PM
BenzWorld Elite
 
Date registered: Sep 2004
Vehicle: 95 E300
Location: Inside my head
Posts: 36,850
Mentioned: 0 Post(s)
Quoted: 392 Post(s)
My numbers tell me that the consumer population has grown faster than production. What do your numbers tell you?

B

The biggest problems we are facing right now have to do with George Bush trying to bring more and more power into the executive branch and not go through Congress at all and that’s what I intend to reverse.

~ Senator Barack H. Obama
Botnst is offline  
post #10 of 19 (permalink) Old 05-30-2008, 09:38 PM
BenzWorld Elite
 
Jayhawk's Avatar
 
Date registered: Aug 2005
Vehicle: S500/W220/2000
Location: Lawrence, KS (USA)
Posts: 21,652
Mentioned: 0 Post(s)
Quoted: 3 Post(s)
The numbers I have seen show that we consume about 1 million more barrels of oil per day more than is being produced worldwide. Simple laws of supply and demand dictate current prices, IMO... And when compared to gas prices abroad, we are in pretty good shape.
Attached Thumbnails
Click image for larger version

Name:	Gas prices.jpg
Views:	54
Size:	473.8 KB
ID:	180827  

Don't believe everything you think
Jayhawk is offline  
Sponsored Links
Advertisement
 
Reply

  Mercedes-Benz Forum > General Mercedes-Benz Forums > Off-Topic

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the Mercedes-Benz Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in









Human Verification

In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes
Linear Mode Linear Mode



Similar Threads
Topic Author Forum Replies Last Post
Why the Arabs were defeated Teutone Off-Topic 12 02-28-2008 03:04 AM
Opec increases oil output Teutone Off-Topic 0 10-24-2007 01:58 AM
Horsepower increase? Mileage increase? dantefr W140 S-Class 29 06-13-2007 04:24 PM
Liberalizing Arabs Botnst Off-Topic 54 12-11-2006 01:51 PM
After oil change, performance increase? rizwansattar W163 M-Class 1 05-27-2005 10:47 AM

Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

 

Title goes here

close
video goes here
description goes here. Read Full Story
For the best viewing experience please update your browser to Google Chrome