Journalism & The Media Television, radio, movies, newspapers, magazines, the Internet and more.

If an OPEC Nation Stops Oil - $79 to $262 a Barrel

Thread Tools
 
Search this Thread
 
Old Jan 27, 2006 | 06:39 PM
  #1  
Delta Flyer's Avatar
Thread Starter
|
Banned
Joined: Apr 2005
Posts: 3,155
From: Lewisville (Dallas), Texas
Exclamation If an OPEC Nation Stops Oil - $79 to $262 a Barrel

CNN/Money discusses what happens if a major OPEC nation either embargos their oil or falls to revolution.

Originally Posted by article
The fall of the House of Saud seems the most far-fetched of the six possibilities, and it's the one that generates that $262 a barrel.

More realistic -- and therefore more chilling -- would be the scenario where Iran declares an oil embargo a la OPEC in 1973, which Browder thinks could cause oil to double to $131 a barrel. Other outcomes include an embargo by Venezuelan strongman Hugo Chavez ($111 a barrel), civil war in Nigeria ($98 a barrel), unrest and violence in Algeria ($79 a barrel) and major attacks on infrastructure by the insurgency in Iraq ($88 a barrel).
Still want to keep that Escalade?
 
Old Jan 28, 2006 | 05:42 AM
  #2  
2Hybrids's Avatar
100% Committed
Joined: Jul 2005
Posts: 30
From: Eustis, FL
Default Re: If an OPEC Nation Stops Oil - $79 to $262 a Barrel

Yes, it's a fragile world on which we live. Any of those scanerios could happen. Therefore, reducing dependcy on any of those clowns should be our first priority.
 
Old Jan 28, 2006 | 10:51 AM
  #3  
AZCivic's Avatar
Conservative Socialist
Joined: Feb 2005
Posts: 878
From: Phoenix, AZ
Default Re: If an OPEC Nation Stops Oil - $79 to $262 a Barrel

Originally Posted by 2Hybrids
Yes, it's a fragile world on which we live. Any of those scanerios could happen. Therefore, reducing dependcy on any of those clowns should be our first priority.
Well the tough part is that you can't really pick and choose what nations you're getting oil from because it's a world market. We're all competing for the same finite resources. I think I would re-phrase what you said to: reducing dependancy should be our first priority. Higher fuel economy mandates should be taking place right now while we can still afford it, not later, when high energy costs have dragged the economy down.
 
Old Jan 28, 2006 | 10:59 AM
  #4  
Sledge's Avatar
YA RLY.
Joined: Dec 2005
Posts: 610
From: Saginaw, MI
Default Re: If an OPEC Nation Stops Oil - $79 to $262 a Barrel

There is an easier way to drive up prices without an oil embargo: start selling oil in Euros instead of US dollars.
 
Old Jan 28, 2006 | 11:10 AM
  #5  
PriusGuy04's Avatar
Pretty Darn Active Enthusiast
Joined: Jan 2006
Posts: 334
From: Central Florida
Default Re: If an OPEC Nation Stops Oil - $79 to $262 a Barrel

Originally Posted by Delta Flyer
CNN/Money discusses what happens if a major OPEC nation either embargos their oil or falls to revolution.



Still want to keep that Escalade?
It all falls back on GREED.

Just send bush and his men in there to clean house.. like they have done in Iraq and take over the oil fields..
(like the law that the supreme court passed, where govt. can take privately owned land if it's to better the quality of life for others).

LOL, or we could go and geneticly hybrid horses, (eat less & travel farther).
 

Last edited by PriusGuy04; Jan 28, 2006 at 11:14 AM.
Old Jan 29, 2006 | 04:18 AM
  #6  
2Hybrids's Avatar
100% Committed
Joined: Jul 2005
Posts: 30
From: Eustis, FL
Default Re: If an OPEC Nation Stops Oil - $79 to $262 a Barrel

Originally Posted by AZCivic
Well the tough part is that you can't really pick and choose what nations you're getting oil from because it's a world market. We're all competing for the same finite resources. I think I would re-phrase what you said to: reducing dependancy should be our first priority. Higher fuel economy mandates should be taking place right now while we can still afford it, not later, when high energy costs have dragged the economy down.
OK - I agree. we are still on the same page though.
 
Old Jan 29, 2006 | 08:10 AM
  #7  
Wbruff's Avatar
Technology Enthusiast
Joined: Dec 2005
Posts: 108
From: Livonia, Michigan
Default Re: If an OPEC Nation Stops Oil - $79 to $262 a Barrel

Originally Posted by PriusGuy04
... .......LOL, or we could go and geneticly hybrid horses, (eat less & travel farther).
No there would be too much brown horse gasses, err green house gasses eminating from their exhaust port
 
Old Jan 29, 2006 | 08:28 AM
  #8  
PriusGuy04's Avatar
Pretty Darn Active Enthusiast
Joined: Jan 2006
Posts: 334
From: Central Florida
Default Re: If an OPEC Nation Stops Oil - $79 to $262 a Barrel

Originally Posted by Wbruff
No there would be too much brown horse gasses, err green house gasses eminating from their exhaust port
Lmao, then we would have another wacko telling us that the methane is eating another hole in the ozone and if we dont do something about it soon its gonna start melting the polar ice caps then cause El-Ninio to change the weather patterns.. wich inturn will cause those who believe to run around like chicken little watching the falling sky ..
 
Old Jan 29, 2006 | 08:46 AM
  #9  
Wbruff's Avatar
Technology Enthusiast
Joined: Dec 2005
Posts: 108
From: Livonia, Michigan
Default Re: If an OPEC Nation Stops Oil - $79 to $262 a Barrel

When they run around like chicken little, they'd better watch where they step.

I am currently using only 5 gallons per week so I think I'll be okay with a small bail of hay
 
Related Topics
Thread
Topic Starter
Forum
Replies
Last Post
carbnjunkie
Journalism & The Media
5
Jun 8, 2007 04:20 PM
clett
Journalism & The Media
1
Oct 6, 2006 12:17 PM
Delta Flyer
Journalism & The Media
2
Oct 19, 2005 08:19 PM
xcel
Fuel Economy & Emissions
30
Aug 20, 2005 04:15 PM



Contact Us -

  • Your Privacy Choices
  • Manage Preferences
  • Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service -

    When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.

    © 2026 MH Sub I, LLC dba Internet Brands


    All times are GMT -7. The time now is 08:58 AM.