Saturday, August 21, 2010

Where does all the oil from Iraq go. Why dont we get cheaper prices?

Wouldnt you consider paying so much for gas an extra income tax? Being as the price has doubled since bush stole office.And people use their cars on a daily basis. If they want so much of americas money why dont they do something useful with it?Where does all the oil from Iraq go. Why dont we get cheaper prices?
http://www.export.gov/iraq/pdf/iraq_oil_…





What most Americans do not understand is that the Big Three Oil Cartel, composed of corporations in America, Britain and Dutch, has controlled oil directly and indirectly in the Middle East/Persian Gulf for more than a hundred years.





Beginning in the 1880’s, which was the beginning of the Industrial Revolution, oil became an important commodity for many of the European economies. Now the Big Three Oil Cartel became the great power in shaping the world for their benefit, as will be shown in this article.





Now the Big Three-Oil Cartel is composed of the American oil companies led by the Rockefellers’ Standard Oil monopoly, the British Petroleum (BP) and Dutch Shell Oil. Before the current mass mergers, in the early 1970’s and 1990’s these oil companies were called the seven sisters, which were Standard Oil of California, Indiana, Standard Oil New Jersey, Texaco, Mobil Shell and BP. So, for all practical purposes this oil cartel (corporations) ruled the world.





Ultimately, they wanted to gain control over the vast oil reserves throughout the world and this includes areas in Asia areas. Michel Collon confirms the importance of oil as a commodity in the world market in his book Monopoly. He says: “If you want to rule the world, you need to control oil. All the oil, Anywhere.”Where does all the oil from Iraq go. Why dont we get cheaper prices?
Does it bother you that you think Bush stole the election? Isn't that a problem if you don't trust the democratic process? Maybe you should go to another country that uses some other method to elect their leaders.





The oil from Iraq gets sold to OPEC and the proceeds go to the iraqi government. which is another reason the blood for oil argument is stupid.
My guess it is all in Bush and Chaney's pocket book. They are controlling more oil so they can jack the prices up for everyone else!
You tell us. The Iraq oil thing was purely a liberal lie. It's been way too long and we should have seen the lower prices long before now. I guess it wasn't for the oil like so many liberals said.
I store it all in my basement, And President Bush and I go swimming in it once a week.. he's on his way over now. HAHAHA!!! Then Gas prices aren't controlled by President Bush...
Actually the tax on gas has not gone up in years.





OPEC sells oil by the barrel after that it is the property of the company processing it.





A standard barrel of oil is 42 gallon us Standard barrel, out of which you get the following:


19.6 gallons of gasoline


10 gallons of diesel and fuel oil


4 gallons of jet fuel


1.7 gallons of heavy fuel oil


1.7 LPG


7.6 other





yes, there is a net gain of 5%





The average price of gas is about $3.00


that barrel of oil, minus tax makes $50.00 per barrel


The average price of diesel is 2.70 so another $27.00


Jet fuel is 1.18, so that's $4.72


So far that's $81.72





price per barrel of oil is as of Friday, March 16, 2007: $57.11 per barrel.





So all the while GWB has been giving away tax cuts, we have paid more for products, have had to cut school and other social programs.





Taxes aren't the only thing getting cut.
First the oil in Iraq goes to the Iraq poeple, the war is not for the oil, never was, that is just a liberal lie, not a bit of truth to it.





The Iraq people ( nation) gets control of the oil and oil money and we buy our oil from them just like we always did.





Bush was elected, no stolen office,
The wording of your question reveals your stupidity! Oil is a fungible commodity. The U.S. does not use much, if any Iraqi oil.


Bush did not steal office, your guy Algore lost. Get over it!
Hello, have you ever checked where we get our oil from. I guess you like most Americans have no idea of where we get our oil from. We do not get most of our oil from the mideast. The war actually does not effect our supply of oil. We get our oil from Africa and Venezula. For some reason this fact seems to completely go past most of the Americans. The oil from Iraq is going to places like China and other places. Yes, we do get some oil from there, but it is not our primary source.
The majority of our gas cost is in taxes and the legislators don't really care because the higher the gas the more taxes they get.

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