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Where America gets its crude oil from----

Discussion in 'The Hokey Ass Message Board' started by brianangus, Jun 27, 2006.

  1. NoSurf
    Joined: Jul 26, 2002
    Posts: 4,776

    NoSurf
    Member

    My nieghbor worked in Saudi in the 70s as an engineer, and he says they were producing 10 million barrels a day back then, and he said he read Saudi was producing 11 million barrles per day now. Huh?

    I don't like rhubarb.

    What about the price of bread? When gas was 25 cents a gallon, bread was 10 cents? Now bread is how much?

    Buy stock in oil. That way when prices go up, you will be making a little back.
     
  2. markanthony
    Joined: Mar 5, 2001
    Posts: 340

    markanthony
    Member

    Buy stock in oil. That way when prices go up, you will be making a little back.[/QUOTE]

    Seriously, I wish I had the foresight to do that two years ago... I would have been making back in interest close to the amount is costs me to fill up my tank each week or at least enought to offset it.

    I've found it a good investment tip to invest a little into whatever people are complaining of the price of... sit back and watch what it does over a couple of years.
     
  3. krooser
    Joined: Jul 25, 2004
    Posts: 4,583

    krooser
    Member

    All middle eastern oil is very heavy and expensive to refine....we get light sweet crude from Nigeria and Texas...maybe Venezuala, too ( not sure).
     

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