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Plantagenet
Expert
Joined: Apr 09, 2007
Posts: 5350
Location: Alaska (its much bigger than Texas).
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 Posted: Tue May 20, 2008 1:44 pm Post subject: Congress votes to sue OPEC over high oil prices |
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The US House of Representatives has just voted to sue OPEC over high oil prices.
House votes to sue OPEC to make them lower gas prices
Nancy Pelosi and her Congress still haven't quite figured out the geology and science thing, or the economics and supply and demand things, but as good lawyers they do know how to sue.  |
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Mechler
Heavy Crude
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Joined: Feb 02, 2006
Posts: 286
Location: Denver, USA
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| Posted: Tue May 20, 2008 1:54 pm Post subject: Re: Congress votes to sue OPEC over high oil prices |
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(shakes head in disbelief)
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"It is certain that free societies would have no easy time in a future dark age. The rapid return to universal penury will be accomplished by violence and cruelties of a kind now forgotten." - Roberto Vacca, The Coming Dark Age |
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DomusAlbion
Moderator
Joined: Dec 08, 2004
Posts: 1542
Location: Nez Perce Nation
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| Posted: Tue May 20, 2008 1:55 pm Post subject: Re: Congress votes to sue OPEC over high oil prices |
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They're merely playing to their constituents like all good politicians do, the bastards. 
What this nation needs is leadership, unfortunately that is NOT what the people want.
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"Modern Agriculture is the use of land to convert petroleum into food."
-- Albert Bartlett
"It will be a dark time. But for those who survive, I suspect it will be rather exciting."
-- James Lovelock |
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seahorse2
Expert
Joined: Oct 18, 2004
Posts: 1824
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| Posted: Tue May 20, 2008 1:56 pm Post subject: Re: Congress votes to sue OPEC over high oil prices |
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| Thus begins the "resource wars." Enter Michael Klare stage left carrying his book "Blood and Oil." |
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Benzin
Heavy Crude
Joined: Apr 25, 2006
Posts: 144
Location: middle of somewhere
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| Posted: Tue May 20, 2008 2:01 pm Post subject: Re: Congress votes to sue OPEC over high oil prices |
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| This is the best they can do? |
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eXpat
Intermediate Crude
Joined: Jun 08, 2006
Posts: 864
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| Posted: Tue May 20, 2008 2:10 pm Post subject: Re: Congress votes to sue OPEC over high oil prices |
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That´s a lot of votes link!!:
| Quote: | The House of Representatives overwhelmingly approved legislation on Tuesday allowing the Justice Department to sue OPEC members for limiting oil supplies and working together to set crude prices, but the White House threatened to veto the measure.
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The bill would subject OPEC oil producers, including Saudi Arabia, Iran and Venezuela, to the same antitrust laws that U.S. companies must follow.
The measure passed in a 324-84 vote, a big enough margin to override a presidential veto. |
I would like to ask to the knowable people here: what would be the consecuences of this, would the US not been able to buy anything from OPEC members?.
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Stocking up on popcorn |
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Atlantean_Relic
Intermediate Crude
Joined: Oct 24, 2005
Posts: 826
Location: North of Id, west of Oz, and infront of the damned rabbit
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| Posted: Tue May 20, 2008 2:21 pm Post subject: Re: Congress votes to sue OPEC over high oil prices |
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idiots ,idiots, idiots
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Was a long and dark December
When the banks became cathedrals
And the fog
Became God |
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ohcomeon
Tar Sands
Joined: Jun 10, 2006
Posts: 69
Location: USA
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drew
Intermediate Crude
Joined: Jul 22, 2004
Posts: 831
Location: canada
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| Posted: Tue May 20, 2008 2:33 pm Post subject: Re: There! This'll fix everything... |
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Why does America remind me of a druggie who's jonesing so bad he's threatening to kill his dealer?
Why?
Drew |
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IgnoranceIsBliss
Tar Sands
Joined: Apr 23, 2008
Posts: 46
Location: Georgia, USA
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| Posted: Tue May 20, 2008 2:33 pm Post subject: Re: Congress votes to sue OPEC over high oil prices |
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I'm also interested in the ramifications of this action. Anyone in the know?
First we stop filling the SPR and now this. (oh, and Cllinton's windfall profits tax idea) We really do have our heads up you know where.
I listened to a podcast today about nuclear energy. It takes 7+ years to bring a new facility on line and costs BILLIONS. So even if we did decide to go in this direction (like a lot of other nations did years ago), we are still looking at years of high prices and groveling at OPEC's feet. Not to mention the fact that (a) we have ZERO money to build these things and (b) the price of uranium is about to explode due to worldwide demand. (and againk it's a limited resource) |
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Eli
Fusion
Joined: Jun 18, 2005
Posts: 3766
Location: In a van down by the river
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| Posted: Tue May 20, 2008 2:34 pm Post subject: US House is going to sue OPEC. |
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Oh my this is so frigging sad and pathetic it is hysterical.
US House suing OPEC
Your esteemed politicians at work ladies and gentlemen.
T. Boone ragged on them this morning about suspending the federal gas tax, but this takes the cake.
What complete idiots.
| Quote: | The House of Representatives overwhelmingly approved legislation on Tuesday allowing the Justice Department to sue OPEC members for limiting oil supplies and working together to set crude prices, but the White House threatened to veto the measure.
skip
"This bill guarantees that oil prices will reflect supply and demand economic rules, instead of wildly speculative and perhaps illegal activities," said Democratic Rep. Steve Kagen of Wisconsin, who sponsored the legislation. |
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Cashmere
Light Sweet Crude
Joined: Mar 27, 2008
Posts: 1492
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| Posted: Tue May 20, 2008 2:37 pm Post subject: Re: US House is going to sue OPEC. |
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If there was any doubt about how screwed we really are, it has been removed.
_________________
Massive Human Dieoff must occur as a result of Peak Oil. Many more than half will die. It will occur everywhere, including where you live. If you fail to recognize this, then your odds of living move toward the "going to die" group. |
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jlw61
Intermediate Crude
Joined: Sep 03, 2007
Posts: 598
Location: Sunny Virginia, USA
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| Posted: Tue May 20, 2008 2:37 pm Post subject: Re: There! This'll fix everything... |
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I feel so much better now! Not only has Bush made a mess out of the Middle East, but now congress is doing everything it can to completely screw up the US.
Well, at least oil will probably get a lot cheaper for the rest of the world once OPEC quits selling oil to the US, unless of course we start invading every OPEC country in the world.
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When somebody makes a statement you don't understand, don't tell him he's crazy. Ask him what he means. -- Otto Harkaman, Space Viking |
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Atlantean_Relic
Intermediate Crude
Joined: Oct 24, 2005
Posts: 826
Location: North of Id, west of Oz, and infront of the damned rabbit
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| Posted: Tue May 20, 2008 2:38 pm Post subject: Re: There! This'll fix everything... |
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Make the stupidity stop, mommy! It Hurts!!
_________________
Was a long and dark December
When the banks became cathedrals
And the fog
Became God |
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jlw61
Intermediate Crude
Joined: Sep 03, 2007
Posts: 598
Location: Sunny Virginia, USA
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| Posted: Tue May 20, 2008 2:42 pm Post subject: Re: US House is going to sue OPEC. |
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| Eli wrote: | Oh my this is so frigging sad and pathetic it is hysterical.
US House suing OPEC
Your esteemed politicians at work ladies and gentlemen.
T. Boone ragged on them this morning about suspending the federal gas tax, but this takes the cake.
What complete idiots.
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And people wonder why I oppose universal health coverage...
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When somebody makes a statement you don't understand, don't tell him he's crazy. Ask him what he means. -- Otto Harkaman, Space Viking |
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