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Thread: Testicles - something Obama NEVER had!

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    Default Testicles - something Obama NEVER had!

    LONDON—Oil prices turned lower Friday after PRESIDENT Donald Trump said high crude prices “will not be accepted.”








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    I agree. President Trump is doing an awesome job


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    DILLIGAF? Im in Orstralia!!!!
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    Quote Originally Posted by cmangle View Post
    PRESIDENT Donald Trump said high crude prices “will not be accepted.”







    Really?...Does not look like this chart or if you go to your article


    Oil prices closed little changed Friday, pulled between comments from President Donald Trump that high crude prices “will not be accepted” and a meeting between major oil producers where they recommitted to limiting output.
    "Light, sweet crude for May delivery settled up 9 cents, or 0.1%, at $68.38 a barrel on the New York Mercantile Exchange, hovering near their highest close in more than three years. "

    https://www.wsj.com/articles/oil-edges-higher-as-investors-look-to-opec-meeting-1524217572
    Last edited by mandc; 21-04-18 at 08:49 AM.

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    Quote Originally Posted by mandc View Post


    Really?...Does not look like this chart or if you go to your article


    Oil prices closed little changed Friday, pulled between comments from President Donald Trump that high crude prices “will not be accepted” and a meeting between major oil producers where they recommitted to limiting output.
    "Light, sweet crude for May delivery settled up 9 cents, or 0.1%, at $68.38 a barrel on the New York Mercantile Exchange, hovering near their highest close in more than three years. "

    https://www.wsj.com/articles/oil-edges-higher-as-investors-look-to-opec-meeting-1524217572
    The title Testicles - something Obama NEVER had! says it all...


    Little testicles, mandc, little testicles......I'll bet Obamas were bigger...
    The fact that there's a highway to hell and a stairway to heaven says a lot about the anticipated traffic flow.

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    Crude at $68.00 a barrel wotks out at roughly 38c a litre, add refining costs, and a small margin for distributions etc. WE ARE BEING RIPPED OFF! Of course we knew that all ready. It's about time our pollies grew some gonads of their own!
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    Quote Originally Posted by lsemmens View Post
    ........................ It's about time our pollies grew some gonads of their own!...............
    Hey? It's the politicians and their taxes that are the culprit!! They had the gonads to bring in these rip off taxes years ago and WE went along with it!
    The fact that there's a highway to hell and a stairway to heaven says a lot about the anticipated traffic flow.

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    Ever noticed that cmangle makes US based posts about nothing to do with Australia then disappears till next US based post?

    Is he banned from most US themed forums????
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    Quote Originally Posted by lsemmens View Post
    Crude at $68.00 a barrel wotks out at roughly 38c a litre, add refining costs, and a small margin for distributions etc. WE ARE BEING RIPPED OFF! Of course we knew that all ready. It's about time our pollies grew some gonads of their own!
    The last paragraph in that linked article goes to the nub of it (notwithstanding our local rapacious tax regime):

    Crude and refined product values are determined not only by production costs, but also by supply and demand factors determined daily by commodity traders at the New York Mercantile Exchange. Since costs for marketing, distribution, and taxes are fairly stable, the values of crude oil and refined products established by traders dictate today’s price of gasoline and diesel.
    Oil, and energy in general, has become the plaything of the screen jockeys.

    Like so many other commodities that are traded, the final price is often totally divorced from the actual cost of production and distribution.

    Having said that though, I find it strange that society in general seems quite happy to pay more per litre for bottled water than they do for petrol and diesel.

    I can guarantee you that the cost of producing and distributing that water is not even in the same galaxy as that of petroleum.

    And having spent 20 years working in the offshore oil and gas industry, I can confidently say that anyone who believes that any American President, past or present, has or will ever, materially influence the market price of crude oil, should probably ease off a bit on whatever it is that they're smoking.

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    Quote Originally Posted by porkop View Post
    Ever noticed that cmangle makes US based posts about nothing to do with Australia then disappears till next US based post?

    Is he banned from most US themed forums????
    So many forums to troll....so little time

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    "Testicles - something Obama NEVER had!"
    Really not true, false news as they say. Oh, you mean Barack and not Michelle. The rumour (Australian spelling) is Michelle had a pair.
    You can learn alot using Google, and the search button.....

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    The rumour (Australian spelling) is Michelle had a pair.
    Yeah in her hand....
    I'm out of my mind, but feel free to leave a message...

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