| Apr 29, 2007 @ 10:49 AM |
High Prices at the Pump...the Recent Nigerian Elections
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eastham
Posts: 7,913
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Nigeria
While many blame the continued war in Iraq and possible war in Iran for the bump in prices at the gas pump, there are other factors at work. Nigeria, one of the world's largest oil producers, has been mired in chaos and violence. It was hoped that this election would mark the first transfer of power from one democratically elected government in Nigeria to another. International overseers of the election confirm the claims of opposition candidates that ballot boxes were stuffed. Street violence, political kidnappings and the like interfered with both the democratic process and the flow of oil from Nigeria oil fields.
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| Apr 29, 2007 @ 6:51 PM |
High Prices at the Pump...the Recent Nigerian Elections |
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grumblebear
Posts: 10,559
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gasoline has been rising faster and a more consistent rate this spring because of refinery outages due to maintenance issues, fires, accidents etc... Gasoline reserves are at multi year lows, and the traders are driving prices up...
T. Boone Pickens said that World oil production has peaked, and will start dropping... with demand continuing to rise, he claimed 4.00 a gallon this summer, and possibly 6 or 7 dollars a gallon this coming fall and winter
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| Apr 29, 2007 @ 6:54 PM |
High Prices at the Pump...the Recent Nigerian Elections
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kjac
Posts: 8,163
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Oil companies are recording record profits, so maintenance is obviously not too much of an issue.
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| Apr 29, 2007 @ 9:58 PM |
High Prices at the Pump...the Recent Nigerian Elections |
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bryan2992
Posts: 688
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what are they reporting as their profit margins though??????
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| Apr 29, 2007 @ 10:10 PM |
High Prices at the Pump...the Recent Nigerian Elections
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kjac
Posts: 8,163
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Profit margins are reported after all maintenance factors are figured in. It's standard for all budgets and profit reports. I know this because I deal with maintenance.
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| Apr 30, 2007 @ 12:34 AM |
High Prices at the Pump...the Recent Nigerian Elections |
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eastham
Posts: 7,913
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World oil companies have not listed the overall rate of crude oil prices based on 2005 prices.
Get your dead out of you RR&%$$# tp acciu;ate the 2000 rate and start all over again!
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| Apr 30, 2007 @ 11:00 AM |
High Prices at the Pump...the Recent Nigerian Elections
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juzhey
Posts: 565
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Guess they got ticked at us for turning in all their email scams and went bullistic or something, 
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| Apr 30, 2007 @ 5:33 PM |
High Prices at the Pump...the Recent Nigerian Elections |
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ToucherinSparks
Posts: 6,699
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And now that nut in Venezuala is wanting to stop selling oil to the US.
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| Apr 30, 2007 @ 5:34 PM |
High Prices at the Pump...the Recent Nigerian Elections
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ToucherinSparks
Posts: 6,699
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Get your dead out of you RR&%$$# tp acciu;ate the 2000 rate and start all over again
Want to translate that into english?
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| May 1, 2007 @ 5:45 PM |
High Prices at the Pump...the Recent Nigerian Elections |
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eastham
Posts: 7,913
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Sorry Toucherin...my response was to a post that has apparently been deleted.
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