Comments for Oil Watchdog http://www.oilwatchdog.org Insider news and analysis from America's top consumer advocates Sun, 29 Jan 2012 05:47:26 +0000 hourly 1 http://wordpress.org/?v=3.2.1 Comment on Energy Drillers: Water Pollution Info Is Our Secret by Piter http://www.oilwatchdog.org/2011/05/energy-drillers-water-pollution-info-is-our-secret/#comment-168277 Piter Sun, 29 Jan 2012 05:47:26 +0000 http://www.oilwatchdog.org/?p=38172#comment-168277 We should prevent water pollution. Its now a very important issue. Government should take proper step about that fact. Also we should take step personally to prevent water pollution. Prevent water pollution and save the world. For more details please visit http://drinkbottleglass.com/ Thank you! We should prevent water pollution. Its now a very important issue. Government should take proper step about that fact. Also we should take step personally to prevent water pollution. Prevent water pollution and save the world. For more details please visit http://drinkbottleglass.com/ Thank you!

]]> Comment on Child of ‘The Yes Men’ Strikes by Florine Canzoneri http://www.oilwatchdog.org/2007/12/child-of-the-yes-men-strikes/#comment-168059 Florine Canzoneri Sat, 28 Jan 2012 10:41:19 +0000 http://server11.fusednetwork.com/~oilwatch/2007/12/child-of-the-yes-men-strikes/#comment-168059 Thanks for your write-up. I have always observed that many people are needing to lose weight since they wish to show up slim as well as attractive. Nevertheless, they do not always realize that there are additional benefits just for losing weight as well. Doctors insist that obese people suffer from a variety of conditions that can be directly attributed to their own excess weight. The great news is that people who sadly are overweight and also suffering from a variety of diseases are able to reduce the severity of their particular illnesses by way of losing weight. You'll be able to see a slow but marked improvement in health if even a negligible amount of losing weight is realized. Thanks for your write-up. I have always observed that many people are needing to lose weight since they wish to show up slim as well as attractive. Nevertheless, they do not always realize that there are additional benefits just for losing weight as well. Doctors insist that obese people suffer from a variety of conditions that can be directly attributed to their own excess weight. The great news is that people who sadly are overweight and also suffering from a variety of diseases are able to reduce the severity of their particular illnesses by way of losing weight. You’ll be able to see a slow but marked improvement in health if even a negligible amount of losing weight is realized.

]]> Comment on 2012: Few Jobs, But Gobs of Profit for Oil by emoconclusiones http://www.oilwatchdog.org/2012/01/2012-few-jobs-but-gobs-of-profit-for-oil/#comment-167131 emoconclusiones Wed, 25 Jan 2012 06:23:53 +0000 http://www.oilwatchdog.org/?p=38249#comment-167131 :) :)

]]> Comment on Ohio’s Earthquake: Top 10 New Ways to Use Toxic Gas-Drilling Waste by Rob http://www.oilwatchdog.org/2012/01/ohios-earthquake-top-10-new-ways-to-use-toxic-gas-drilling-waste/#comment-162123 Rob Sun, 08 Jan 2012 22:53:07 +0000 http://www.oilwatchdog.org/?p=38258#comment-162123 A very juvenile wish list from someone who lacks the technical expertise or objectivity to comment intelligently on the risks and benefits of fracking. "Pouring it into our drinking water" indeed. You would know how childish this sounds if you knew something about geology, or if you had ever drilled a well, or if you actually knew some of the poeple you classify as criminals, sight unseen. A very juvenile wish list from someone who lacks the technical expertise or objectivity to comment intelligently on the risks and benefits of fracking.

“Pouring it into our drinking water” indeed. You would know how childish this sounds if you knew something about geology, or if you had ever drilled a well, or if you actually knew some of the poeple you classify as criminals, sight unseen.

]]> Comment on 2012: Few Jobs, But Gobs of Profit for Oil by Rob http://www.oilwatchdog.org/2012/01/2012-few-jobs-but-gobs-of-profit-for-oil/#comment-162120 Rob Sun, 08 Jan 2012 22:47:57 +0000 http://www.oilwatchdog.org/?p=38249#comment-162120 You're blaming oil companies for high prices. This is like blaming home owners for selling their houses at market prices. Clearly you don't understand commodity markets. The same speculators you accuse of pumping up the price of oil can also trade in natural gas futures, and presumably infalte those prices as well. The same industry that pumps oil also produces natural gas. And yet the price of natural gas is down 12% for the year, and down 57% from its average in the final 4 years of the Bush administration. Additionally, in the past year, while oil has gained 25%, a number of commodities are up even more: sorghum, pork, peanuts, wool, lumber, and rock phosphate among others. Many other commodities are down, including natural gas, lead, rubber, aluminum, cotton, fishmeal, and cocoa beans for example. Your statement that oil price rises are not market based, full stop, but are the result of the machinations of speculators, full stop, fly in the face of commodity price volatility over the past year. Why would speculators want to make money on one commodity but not another? Why do they permit some to fall in price? Why do greedy oil companies and speculators team up to drive the price of natural gas down? Why have speculators and greedy CEO's decided to drop gasoline prices to fall by 16% since last May? You offer no evidence for your claim that "no supply and demand reason" for prices exists, but then that would be expected, since you have no experience in the commodity or energy industries. You then criticize the oil industry for higher profits. Many other industries increased their profits last year. If oil company profits are outrageous, and the oil industry controls oil prices, then wouldn't one expect their P/E ratios to be astronomical? After all, an Exxon shareholder would know that Exxon can just increase the price of oil as desired, so the stock would be attracting hordes of buyers. Below is the oil industry's performance as found in the Yahoo Finance Industry Browser, http://biz.yahoo.com/p/sum_conameu.html Ranked by P/E ratio of 215 industries, Oil & gas refining and marketing ranked #158 Oil & Gas drilling & exploration ranked #164 Major integrated oil & gas ranked #186 Ranked by net profit margin of 215 industries, Oil & gas refining and marketing ranked #170 Oil & Gas drilling & exploration ranked #34 Major integrated oil & gas ranked #91 Ranked by ROE% of 215 industries, Oil & gas refining and marketing ranked #65 Oil & Gas drilling & exploration ranked #115 Major integrated oil & gas ranked #42 Additionally, while the oil industry has outperformed averages over the past few years, last week the S&P 500 gained more than Exxon. The speculators and investors you blame for everything are saying, with their wallets, that they now expect the average American company to provide higher returns for them than Exxon will. A very sophomoric piece of journalism, driven purely by political views and emotions without regard to serious and objective research, let alone basic facts that are simple to find. This is the kind of shabby writing that gives liberals a bad name in certain circles, and provides fodder for conservative critics. You’re blaming oil companies for high prices. This is like blaming home owners for selling their houses at market prices. Clearly you don’t understand commodity markets.

The same speculators you accuse of pumping up the price of oil can also trade in natural gas futures, and presumably infalte those prices as well. The same industry that pumps oil also produces natural gas. And yet the price of natural gas is down 12% for the year, and down 57% from its average in the final 4 years of the Bush administration.

Additionally, in the past year, while oil has gained 25%, a number of commodities are up even more: sorghum, pork, peanuts, wool, lumber, and rock phosphate among others. Many other commodities are down, including natural gas, lead, rubber, aluminum, cotton, fishmeal, and cocoa beans for example.

Your statement that oil price rises are not market based, full stop, but are the result of the machinations of speculators, full stop, fly in the face of commodity price volatility over the past year. Why would speculators want to make money on one commodity but not another? Why do they permit some to fall in price? Why do greedy oil companies and speculators team up to drive the price of natural gas down? Why have speculators and greedy CEO’s decided to drop gasoline prices to fall by 16% since last May? You offer no evidence for your claim that “no supply and demand reason” for prices exists, but then that would be expected, since you have no experience in the commodity or energy industries.

You then criticize the oil industry for higher profits. Many other industries increased their profits last year. If oil company profits are outrageous, and the oil industry controls oil prices, then wouldn’t one expect their P/E ratios to be astronomical? After all, an Exxon shareholder would know that Exxon can just increase the price of oil as desired, so the stock would be attracting hordes of buyers.

Below is the oil industry’s performance as found in the Yahoo Finance Industry Browser,

http://biz.yahoo.com/p/sum_conameu.html

Ranked by P/E ratio of 215 industries,
Oil & gas refining and marketing ranked #158
Oil & Gas drilling & exploration ranked #164
Major integrated oil & gas ranked #186

Ranked by net profit margin of 215 industries,
Oil & gas refining and marketing ranked #170
Oil & Gas drilling & exploration ranked #34
Major integrated oil & gas ranked #91

Ranked by ROE% of 215 industries,
Oil & gas refining and marketing ranked #65
Oil & Gas drilling & exploration ranked #115
Major integrated oil & gas ranked #42

Additionally, while the oil industry has outperformed averages over the past few years, last week the S&P 500 gained more than Exxon. The speculators and investors you blame for everything are saying, with their wallets, that they now expect the average American company to provide higher returns for them than Exxon will.

A very sophomoric piece of journalism, driven purely by political views and emotions without regard to serious and objective research, let alone basic facts that are simple to find. This is the kind of shabby writing that gives liberals a bad name in certain circles, and provides fodder for conservative critics.

]]> Comment on Fracking and Yakking by Ohio’s Earthquake: Top 10 New Ways to Use Toxic Gas-Drilling Waste | Oil Watchdog http://www.oilwatchdog.org/2011/10/fracking-and-yakking/#comment-160862 Ohio’s Earthquake: Top 10 New Ways to Use Toxic Gas-Drilling Waste | Oil Watchdog Tue, 03 Jan 2012 23:48:01 +0000 http://www.oilwatchdog.org/?p=38235#comment-160862 [...] “fracking” wells (so named because they fracture deep rock to release natural gas), even Exxon can’t argue that this sort of natural gas is perfectly safe and clean. Injecting it into [...] [...] “fracking” wells (so named because they fracture deep rock to release natural gas), even Exxon can’t argue that this sort of natural gas is perfectly safe and clean. Injecting it into [...]

]]> Comment on Absolute Gasoline Price Record in 2011? by Cindi http://www.oilwatchdog.org/2011/03/absolute-gasoline-price-record-in-2011/#comment-150036 Cindi Tue, 29 Nov 2011 02:20:29 +0000 http://www.oilwatchdog.org/?p=38079#comment-150036 Earl--Thanks for the link. The discussion in the "comments" section is particularly interesting. I would say the article raises more questions for me, but there are plenty of links in the discussion and the conversation is a good jumping-off point for inquiring minds... ;-) Earl–Thanks for the link. The discussion in the “comments” section is particularly interesting. I would say the article raises more questions for me, but there are plenty of links in the discussion and the conversation is a good jumping-off point for inquiring minds…

;-)

]]> Comment on BP Lies Down With Russia, Gets Up With Fleas by Jon Carlson http://www.oilwatchdog.org/2011/11/bp-lies-down-with-russia-gets-up-with-fleas/#comment-147237 Jon Carlson Tue, 22 Nov 2011 02:53:20 +0000 http://www.oilwatchdog.org/?p=38245#comment-147237 This report on the Gulf of Mexico 'oil spill' might change your slant on this story. The Case for an Atomic Bomb in the Gulf http://www.hoaxofthecentury.com/GulfAtomicBomb1.htm This report on the Gulf of Mexico ‘oil spill’ might change your slant on this story.

The Case for an Atomic Bomb in the Gulf
http://www.hoaxofthecentury.com/GulfAtomicBomb1.htm

]]> Comment on Fracking and Yakking by emperorbailey http://www.oilwatchdog.org/2011/10/fracking-and-yakking/#comment-147205 emperorbailey Tue, 22 Nov 2011 01:03:19 +0000 http://www.oilwatchdog.org/?p=38235#comment-147205 There is not a federal law about disclosure of chemicals used, or about disposal (or recycling) of the used "slickwater." But most states, especially states with a substantial amount of natural gas, have their own laws (mostly identical to each other) that require that chemicals be listed on fracfocus.com (unless it's a proprietary chemical) and recycle or dispose of the fluid safely. It's not ideal, but it's not "no regulation" either. I love that England banned the ads. There is not a federal law about disclosure of chemicals used, or about disposal (or recycling) of the used “slickwater.” But most states, especially states with a substantial amount of natural gas, have their own laws (mostly identical to each other) that require that chemicals be listed on fracfocus.com (unless it’s a proprietary chemical) and recycle or dispose of the fluid safely. It’s not ideal, but it’s not “no regulation” either.

I love that England banned the ads.

]]> Comment on Wall Street Oil Speculators Hurt Families, U.S. Economy by Greyfox http://www.oilwatchdog.org/2011/10/wall-street-oil-speculators-hurt-families-u.s.-economy/#comment-146482 Greyfox Sat, 19 Nov 2011 18:36:07 +0000 http://www.oilwatchdog.org/?p=38241#comment-146482 Why doesn't Congress force the CFTC to do it's mandated job. Why, because city, county, state, and the federal governments use their retirement penion funds to invest, through hedge funds, in crude and fuel markets while the nation is held hostage. The rapping and pillaging of this nation is of no concern of our (there's a misnomer)congressmen. U.S. congress has been lax in enforcing existing racketeering laws related crude & fuel price manipulation, laws and regulations such as the RICO Law of 1932, the Hubbs Anti-Racketeering Act of 1946, the Sherman Act, and the Anti Trust laws to name a few to stop speculation spikes from pushing crude, fuel, food, healthcare markets to the point that everyday they increase the danger of another collapse of the worlds economies ...... and the CFTC, well it still can't make up it's mind as to who's side their playing on. It wasn't that long ago, in 2008 the consumer was being faced with making life changing decisions as a result of untethered speculation in crude and fuel prices. The choices were; to buy fuel to get to & from work, or buy heating oil to heat the home, or putting food on the family table, or paying the home mortgage. What happened is that carrying a mortgage became a rich man's luxury that millions of American families could no longer afford, yet the U'S. Congress continues to this day to set on it's hands and do nothing to stop the pillaging of the American economy by hedge fund groups the likes of J.P.Morgan, Citigroup, Chase, and Goldman Sachs, and dozens more. During 2008 one hedge fund manager, and we all know who that was, made an income of $3,000,000,000 at $900,000 an hour trading crude, fuels, and gold futures, and at the same time shorting those same markets, knowing that it was just a matter of time before even a strongest economy could not support the never ending rise of crude and fuel prices. Goldman Sachs has spent over three billion in legal fees & fines in just the last three years on fraud changes. Two months ago http://www.reuters.com/article/2011/08/22/us-goldman-blankfein-idUSTRE77L5VK20110822 Lloyd Blankfein has hired the largest legal gun in Washington as his legal defense council on more upcoming charges of fraud, and still crude and fuel prices continue to rise to historic highs ...... and it's 99% of America that continues to live from the dirty end of the stick? We don't need more congressional platitudes, we need honest people in congress. How many of us can run for congress? Because honesty isn't the Why doesn’t Congress force the CFTC to do it’s mandated job. Why, because city, county, state, and the federal governments use their retirement penion funds to invest, through hedge funds, in crude and fuel markets while the nation is held hostage. The rapping and pillaging of this nation is of no concern of our (there’s a misnomer)congressmen.

U.S. congress has been lax in enforcing existing racketeering laws related crude & fuel price manipulation, laws and regulations such as the RICO Law of 1932, the Hubbs Anti-Racketeering Act of 1946, the Sherman Act, and the Anti Trust laws to name a few to stop speculation spikes from pushing crude, fuel, food, healthcare markets to the point that everyday they increase the danger of another collapse of the worlds economies …… and the CFTC, well it still can’t make up it’s mind as to who’s side their playing on.

It wasn’t that long ago, in 2008 the consumer was being faced with making life changing decisions as a result of untethered speculation in crude and fuel prices. The choices were; to buy fuel to get to & from work, or buy heating oil to heat the home, or putting food on the family table, or paying the home mortgage. What happened is that carrying a mortgage became a rich man’s luxury that millions of American families could no longer afford, yet the U’S. Congress continues to this day to set on it’s hands and do nothing to stop the pillaging of the American economy by hedge fund groups the likes of J.P.Morgan, Citigroup, Chase, and Goldman Sachs, and dozens more. During 2008 one hedge fund manager, and we all know who that was, made an income of $3,000,000,000 at $900,000 an hour trading crude, fuels, and gold futures, and at the same time shorting those same markets, knowing that it was just a matter of time before even a strongest economy could not support the never ending rise of crude and fuel prices. Goldman Sachs has spent over three billion in legal fees & fines in just the last three years on fraud changes. Two months ago

http://www.reuters.com/article/2011/08/22/us-goldman-blankfein-idUSTRE77L5VK20110822

Lloyd Blankfein has hired the largest legal gun in Washington as his legal defense council on more upcoming charges of fraud, and still crude and fuel prices continue to rise to historic highs …… and it’s 99% of America that continues to live from the dirty end of the stick?

We don’t need more congressional platitudes, we need honest people in congress. How many of us can run for congress? Because honesty isn’t the

]]> Comment on Wall Street Oil Speculators Hurt Families, U.S. Economy by Jon Carlson http://www.oilwatchdog.org/2011/10/wall-street-oil-speculators-hurt-families-u.s.-economy/#comment-138211 Jon Carlson Tue, 25 Oct 2011 01:26:46 +0000 http://www.oilwatchdog.org/?p=38241#comment-138211 The bunch at the SEC speak broken English typical of foreigners. They work for Germany destroyers of America for a hundred years. wwwhoaxofthecentury.com The bunch at the SEC speak broken English typical of foreigners. They work for Germany destroyers of America for a hundred years. wwwhoaxofthecentury.com

]]> Comment on Wall Street Oil Speculators Hurt Families, U.S. Economy by Judy Dugan http://www.oilwatchdog.org/2011/10/wall-street-oil-speculators-hurt-families-u.s.-economy/#comment-136602 Judy Dugan Wed, 19 Oct 2011 22:37:47 +0000 http://www.oilwatchdog.org/?p=38241#comment-136602 Hi, Paul The vote was 3-2 along party lines, for a version even weaker than the original proposal, i.e. allowing up to 25% market control in long contracts. Also might not go into effect until 2013. But possibly better than nothing. Hi, Paul
The vote was 3-2 along party lines, for a version even weaker than the original proposal, i.e. allowing up to 25% market control in long contracts. Also might not go into effect until 2013. But possibly better than nothing.

]]> Comment on Wall Street Oil Speculators Hurt Families, U.S. Economy by Paul Baughman http://www.oilwatchdog.org/2011/10/wall-street-oil-speculators-hurt-families-u.s.-economy/#comment-136564 Paul Baughman Wed, 19 Oct 2011 22:02:52 +0000 http://www.oilwatchdog.org/?p=38241#comment-136564 Quote>"A vote on key regulations is scheduled for Tuesday Oct. 18, and the 5-member CFTC board now reportedly has three votes to pass them." Anyone know what the vote was? Quote>”A vote on key regulations is scheduled for Tuesday Oct. 18, and the 5-member CFTC board now reportedly has three votes to pass them.”

Anyone know what the vote was?

]]> Comment on Wall Street Oil Speculators Hurt Families, U.S. Economy by Earl Richards http://www.oilwatchdog.org/2011/10/wall-street-oil-speculators-hurt-families-u.s.-economy/#comment-135120 Earl Richards Fri, 14 Oct 2011 11:31:51 +0000 http://www.oilwatchdog.org/?p=38241#comment-135120 OPEC, Libya and the laws of supply and demand are not responsible for high gasoline and oil prices. The oil price is dictated by the fraudulent "round-trip" trades of the "dark pool" trading in the Intercontinental Exchange (ICE) in Atlanta. The international Big Oil/big banking cabal, or an international gang of criminals, owns ICE. ICE operates outside of US law. The Commodity Futures Trading Commission has no jurisdiction over ICE, influenced by Big Oil. ICE's energy traders and speculators can ratchet-up the oil price anytime they feel like it, for their own profits and on the behalf of Big Oil, through the use of "round-trip" trades. Google the "Global Oil Scam" and the "London-Dubai Loophole." "Paper oil" and the crude oil futures markets have to be done away with. Over 75% of the crude oil futures trades take place in the ICE. Oil is too critical a resource to be controlled and manipulated by greedy corporations, greedy refiners, greedy speculators and greedy traders. To obtain a fair oil price, Senator Sanders has to investigate ICE, and seize, immediately the trading records of ICE, before they are destroyed. OPEC, Libya and the laws of supply and demand are not responsible for high gasoline and oil prices. The oil price is dictated by the fraudulent “round-trip” trades of the “dark pool” trading in the Intercontinental Exchange (ICE) in Atlanta. The international Big Oil/big banking cabal, or an international gang of criminals, owns ICE. ICE operates outside of US law. The Commodity Futures Trading Commission has no jurisdiction over ICE, influenced by Big Oil. ICE’s energy traders and speculators can ratchet-up the oil price anytime they feel like it, for their own profits and on the behalf of Big Oil, through the use of “round-trip” trades. Google the “Global Oil Scam” and the “London-Dubai Loophole.” “Paper oil” and the crude oil futures markets have to be done away with. Over 75% of the crude oil futures trades take place in the ICE. Oil is too critical a resource to be controlled and manipulated by greedy corporations, greedy refiners, greedy speculators and greedy traders. To obtain a fair oil price, Senator Sanders has to investigate ICE, and seize, immediately the trading records of ICE, before they are destroyed.

]]> Comment on “Oil Profit Monster:” A Powerful, Flexible and Free Tool by The movers are, you and your agent are not. 26 Fresh Ideas. Interested? http://www.oilwatchdog.org/2007/01/oil-profit-monster-a-powerful-flexible-and-free-tool/#comment-129125 The movers are, you and your agent are not. 26 Fresh Ideas. Interested? Tue, 04 Oct 2011 04:17:52 +0000 http://server11.fusednetwork.com/~oilwatch/2007/01/oil-profit-monster-a-powerful-flexible-and-free-tool/#comment-129125 [...] company, one service that they will normally offer is the packing and unpacking of your belongings. Truly after my own heart. Always be open and honest with your mover. Most moving companies are willing to pick up and deliver [...] [...] company, one service that they will normally offer is the packing and unpacking of your belongings. Truly after my own heart. Always be open and honest with your mover. Most moving companies are willing to pick up and deliver [...]

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