News and Politics Forum

Hey wait a minute.  You smited me awhile back for posting a picture of Michelle Obama.

Just to address your points, since you did go and make some.  Even though you skipped whether or not what you claim to have done is possible. 

zukiphile wrote:

Biker Dude wrote:

Specially since even PunBB doesn't say anything about being able to do what you are claiming.

A normally constituted person would not make a truthful response contingent on thinking he had been observed.  Perhaps this just indicates too much time for you at IAP.

Yes, IAP has it's issues.  And it's problem people.  But I can't remember having come here to talk about them.  When I am here, I post here.  At IAP, I don't post about here as a general rule.  It can be hard to not get sucked into those things, but I try not to.

As to if you can see who may or may not have smited someone.  PunBB doesn't mention the possibility.  And they are in the business of promoting their stuff.  It could be a mod, because that is possible to do, if you know what you are doing, and you are hosting the site on your own servers so you CAN mod it.  Sure would seem to be a cumbersome mod, generate vast quantities of information for very little use.  Other than for you to be a douche bag and try to bust my balls.  Bottom line, is if you have mod abilities here, which I had never heard before (is NPboards suffering from a lack of transparency?), and you bring information from those abilities to a general discussion that revolves not around anything moderatable, it's not right.  We try to be pretty strict on that at IAP, and if someone was doing it, as admin, I would de-mod them on the spot.  Insider information and all that.

zukiphile wrote:

I think it is an odd thing to accuse others of taking one "too seriously". The implicit self-denigration is rarely genuine.

I really don't give a rats ass what you think is odd.  It is still just the internet.  And I was still just killing time.  And I don't trust your interpretation of expressions even as far as I could throw you.  You have demonstrated a fundamental lack of ethics.  Just keeping NP classy!

zukiphile wrote:

Biker Dude wrote:

Sure whatever.  If it makes you happy.  If that is where you get your kicks.  Because you can tell by that post that I was so concerned!  Lol!  I think you are taking the internet way to seriously!

You often accuse people of taking a subject too seriously when your ineffective behavior is noted.  Predictably, you also fall back on characterising people as being upset merely because they engage you.

People who are not frank in small or meaningless matters, such as karma, are seldom frank in important matters.  Your confirmed lack of candor has been noted.

Again, your opinion matters not at all.

One last hurray and all that.  You can post and have the last word.  I promise not to come back and rain on your extraordinarily verbose parade of words any more with things like the mechanics of what you claim, facts, or ethics. 

The floor is yours.

Biker Dude wrote:

I really don't give a shit, ...

Plainly.

Back OT please...

Oil is down over $3 today to just over $121. Some analysts predict $100 by the Fall... Hmmmm... Reasons given right now:

-sharply stronger dollar (against the euro)
-rapidly deteriorating demand picture

Some unknown variables that can fuck everything up are:

-tensions in the ME (as always)
-couple of big mamba jamba hurricanes entering the GOM
-people feeling like $3.50 gas is a bargain and they start driving demand back up
-heinously cold winter driving up heating oil prices

Last edited by Seabird (07-29-2008 03:59 PM)

'Some analysts'?  Do you hear this because you are in the industry, or is this something the average schmoe like me could read?  I'll admit that the whole oil futures and price shit is above me.  Bottom line is I see the gas prices.  And around here they have dropped back a bit, around 3.85 or so.  Professionally, oil going down is bad for our company, but I don't see it going down enough to take the focus off of alternatives.  Do you?

I didn't post this because there was some superfluous stuff about Nigeria militants damaging a Shell pipeline. This is the kind of thing that would have rallied prices over the last 3 years, but today it's like a fart in a tornado.

Oil resumes downward streak on demand worries

Associated Press
July 29, 2008, 10:32AM

NEW YORK — Oil prices tumbled more than $3 a barrel today, falling to their lowest level in seven weeks as the perception that record prices are curtailing the world's thirst for energy sparked another dramatic sell-off.

The drop was a throwback to oil's nosedive over the past two weeks and outweighed supply concerns sparked by a militant attack Monday on two Nigerian crude pipelines. It was oil's seventh decline in the last 10 sessions.

In late morning trading, light, sweet crude for September delivery fell $3.45, or 2.77 percent, to $121.28 a barrel on the New York Mercantile Exchange. Earlier, prices fell more than $4 a barrel to $120.42, oil's lowest level since June 10; they have now fallen more than $25 from their trading high of $147.27, reached July 11.

Prices rose $1.47 on Monday to settle at $124.73 a barrel.

More concerns that crude's run-up over the past year has pushed prices to unsustainable levels fed Monday's decline. The U.S. Transportation Department said Monday that U.S. drivers logged 9.6 billion fewer vehicle miles in May — or 3.7 percent — compared to the same period last year, the biggest drop ever for the historically busy summer driving month.

"We're seeing both statistical and anecdotal evidence of very rapidly weakening demand picture," said Jim Ritterbusch, president of energy consultancy Ritterbusch and Associates in Galena, Ill. "I think we could see $117 a barrel in a one-week time frame, and this market could eventually get to $100."

Also weighing on prices was a sharply stronger dollar compared to the euro, which made commodities less attractive to investors who have bought oil futures as a hedge against inflation and weakness in the U.S. currency.

Monday's attack in Nigeria targeted two pipelines believed to be owned by a unit of Royal Dutch Shell PLC and was the latest in a two-year campaign of attacks on the country's oil industry. Shell said a pipeline had been damaged in attacks and that some crude production had been shut down to prevent the oil from spilling into the environment.

The oil company said today it may not be able to fulfill some oil-export contracts because of the damage. Shell didn't specify how much oil production was cut by the attack or how long repairs would take.

"Shell has not divulged the extent of the disruption so it's unclear how serious the pipeline attack is and so the market is really only reacting modestly," said Victor Shum, an energy analyst with consulting firm Purvin & Gertz in Singapore.

"These attacks have of course happened in the past and caused temporary disruptions and so that's what the market expects — it's been factored in," Shum said.

The Movement for the Emancipation of the Niger Delta says it is acting to force the Nigerian federal government to send more oil industry funds to the southern region, which produces all of Nigeria's crude oil but remains impoverished after decades of corrupt and wasteful governance.

Analysts at JBC Energy in Vienna, Austria, estimated the repeated attacks on country's oil installations, Nigeria's output had fallen to just below 1.9 million barrels a day from more than 2.4 million barrels a day in 2005.

Analysts said trading volumes were low, with the market awaiting U.S. data later in the week for indications of how the world's largest economy could be expected to perform in coming months. Figures for gross domestic product for the second quarter will be released Thursday, while July auto sales and the July employment report are both due Friday.

In other Nymex trading, heating oil futures fell 9.02 cents to $3.4718 a gallon while gasoline prices were down 6.5 cent to $3.005 a gallon. Natural gas futures lost 9.1 cents to $9.072 per 1,000 cubic feet.

In London, September Brent crude lost $3.89 to $121.95 a barrel on the ICE Futures exchange.

W/re to the tax revenue issue, I have a problem with that little "crisis". Gas taxes are meant to subsidize road and bridge building and maintenance. With fewer people driving and using the roads, it should go to reason that there's less wear and tear on the roads and bridges, which in turn should need less money.

zuk - From what I have read, most producers have been claiming that based on supply alone, prices should be sitting at the $60-80 range. While Oh, Bama! isn't my most very favorite person in the world, I agree with him to an extent that speculators have had a significant hand in generating a bull market for commodities. That is there is a bubble, I've no doubt. Just how big it is, I don't know.

And for the reading impaired (talking to you Thundersnow), I want to restate that it's some producers who claim that the current prices should be at $60-80. I am NOT making that claim, and I am NOT sure how accurate it is. Some people around here have a bad habit of attaching me line and verse to the information that I pass along.

zukiphile wrote:

Oil at $113.  Damn speculators.

I blame the GOP.

Just rethuglican cronies helping out Bush III. 

I find the timing awfully convenient. 

If it's down around November it will be awfully convenient.

Peter wrote:

Raoul Duke wrote:

If it's down around November it will be awfully convenient.

They'll bring Osama out of hiding to distract us from the oil price, nobody will even mention how cheap gas is in November.

That or suddenly Congress will have everything to do with the state of things now as opposed to Booosh.