[sparkscoffee] Re: How much does it cost to buy the U.S. Senate?
- From: Kelly <kellyutah@xxxxxxxxxxx>
- To: "sparkscoffee@xxxxxxxxxxxxx" <sparkscoffee@xxxxxxxxxxxxx>
- Date: Sat, 10 May 2014 03:56:03 +0000
Ron,
Please see definition of 'net'. As you say, the U.S. is a 'NET IMPORTER OF
OIL'. That means that the U.S. does indeed both import and export oil, but
that we import more oil than we export.
Do you really not understand that oil companies would want to sell their
products for the highest price possible, even if that means shipping U.S. oil
overseas?
Kelly A.
Date: Fri, 9 May 2014 15:46:11 -0600
From: ristad@xxxxxxxxxxx
To: sparkscoffee@xxxxxxxxxxxxx
Subject: [sparkscoffee] Re: How much does it cost to buy the U.S. Senate?
Kelly,
I repeat. The U.S. is a net importer of oil. YOU CANNOT BE AN EXPORTER OF OIL
IF YOU ARE AN IMPORTER. What part about that do you not understand?
-RR
-----Original Message-----
From: Kelly
Sent: May 9, 2014 10:39 AM
To: "sparkscoffee@xxxxxxxxxxxxx"
Subject: [sparkscoffee] Re: How much does it cost to buy the U.S. Senate?
John,
The increase in availability of oil would occur in the markets to which the oil
is being exported, and therefore the price would dip in those markets. Yes,
the price of petroleum would dip in China, or Europe, or wherever the
additional supplies are exported to. But these factors are of course figured
into the mix by oil company economists and accountants. Obviously they
anticipate still making more money per barrel by exporting it than by selling
it domestically. Even if the act of supplying those offshore markets causes a
drop in prices there, the bottom line would still outweigh selling the oil
locally.
Why else would they be interested in exporting it, if they could get as much
for it domestically?
Think of it this way. Saudi Arabia has been drowning in oil for what... seven
decades or so? If they didn't export their oil they could make no money on it
because their domestic market is only so big and gasoline would likely sell for
the equivalent of something like 2 cents/gal. As it is, gasoline is still
cheap there, but the value of it has gone up because they can get much more for
it if they export it to areas of the world that don't have their own surplus
reserves.
Kelly A.
From: schalestock@xxxxxxxx
Date: Fri, 9 May 2014 10:40:04 +0000
To: sparkscoffee@xxxxxxxxxxxxx
Subject: [sparkscoffee] Re: How much does it cost to buy the U.S. Senate?
Kelly, With all due respect, there seems to be a flaw in your logic. If you
agree with the basic economic principle of supply and demand, wouldn't an
increase in oil availability decrease cost? I grant you oil is fungible on the
world market, but the supply and demand principle still applies. Which means
the oil oligarchs would still have to play by that rule and the "trickle down"
would benefit U.S. consumers. Regards, JS
---------- Original Message ----------
From: Kelly <kellyutah@xxxxxxxxxxx>
To: "sparkscoffee@xxxxxxxxxxxxx" <sparkscoffee@xxxxxxxxxxxxx>
Subject: [sparkscoffee] Re: How much does it cost to buy the U.S. Senate?
Date: Thu, 8 May 2014 20:02:54 +0000
I think it's funny how the pipeline issue is being cast as an environmental
issue. This completely masks the real economic issue here. A massive source
of cheap fossil fuel energy that could power a resurgence of the American
economy has been discovered right here on our own continent. Refining and
selling locally to Americans would result in dramatic price reductions in
gasoline and other petroleum distillates. But there's more money in selling it
overseas, so the big oil companies need to build a pipeline to get the oil to a
seaport where it can be put on ships and sold for a higher profit. Oil
companies will get their cake and eat it too. They'll sell local oil overseas
wherever they can maximize profits, while at the same time, keeping a lid on
local supplies and therefore price.
If you support giving Keystone their pipeline you're supporting continued
outrageous prices at the gas pump.
Kelly A.
Date: Thu, 8 May 2014 07:50:44 -0600
From: ristad@xxxxxxxxxxx
Subject: [sparkscoffee] How much does it cost to buy the U.S. Senate?
To:
Left wing billionaire pledges $100 million to buy the Senate.
-RR
One man has answered the question, "How much does it cost to buy the U.S.
Senate?" The price tag and his name came to light as the only plausible
explanation for an otherwise inexplicable event.
Two months ago, an even more bizarre spectacle than usual took place on the
Senate floor. From the evening of March 10th through to the next morning, about
30 Democratic senators held a 14-hour+ speechathon. The event was billed as an
attempt to push America into addressing "climate change." Translation: It was
meant to publicize measures that would rectify so-called 'global warming' and
protect against environmental 'threats' such as the oil and gas industries....
Thomas Steyer...has been called the most influential man in America with whom
next to no one is familiar...
... Steyer hosted a recent fundraiser at his San Francisco home that netted the
Democratic Senatorial Campaign Committee $400,000 and where Senate Majority
Leader Harry M. Reid (D-Nev.) and the six other Democratic senators in
attendance openly discussed plans for ...[ the] talkathon, according to
reports."
In other words, the speechathon was planned at the billionaire's home in Reid's
presence. The uber-influencial Reid is the same Democratic Senator who
lambasted the billionaire Koch brothers for their donations to Republican
causes and campaigns. On March 10, the Business Insider reported Reid as
stating, "I'm trying to find a Republican � somebody, anybody � who will raise
an objection to two brothers trying to buy America." Apparently, Reid wants
only the Senate to be up for sale, and only to a Democratic buyer.
How Much Did it Cost ... Steyer and the Democrats?
So what was the Senate's price tag? Let's see ... the talk-a-thon reportedly
lasted 15 hours. With the dangled pledge of $100 million to Democrats, Steyer
was able to buy (or rent) the floor of the Senate at a rate of $6 million an
hour. I agree with the twitterer who wrote, "Who says Congress is broken?" The
fact that someone is willing to pay $6 million an hour for it is a clear
free-market sign of its worth. Correction: This has nothing to do with the free
market.
How Much Does the President Cost?
Political commentary sites are openly speculating on whether Steyer can buy
Obama's final decision on the Keystone XL Pipeline, which would supply vast
quantities of Canadian oil to the U.S. The project has strong bipartisan and
public support; even two lengthy environmental analyses by the State Department
couldn't point to any major environmental impact. Nevertheless, as the Sunshine
State News (Fla., April 25) reported: "Never mind the Kochs. After assessing
who did what bad to America lately, I nominate Tom Steyer for the top of the
list. Last week the billionaire hedge fund manager from San Francisco bought
off the White House to the tune of $100 million in order to delay the Keystone
XL pipeline decision." (Note: Steyer retired some while ago from the hedge fund
business.)
Predictably, Landrieu broke Democratic ranks to castigate the delay. She called
Obama's decision "irresponsible, unnecessary and unacceptable" � a move to
satisfy extreme radicals while sacrificing 42,000 jobs and billions from the
economy. Other Democrats, such as Sen. Mark Begich of Alaska, joined her.
The man who bought the Senate floor, the man who bought Obama ... Thomas Steyer
may also become the man who thwarted Keystone and drove Canadian oil toward
China. If he fractures the Democratic Party, however, he may cost them more
than he can deliver.
"When you believe in things that you don't understand, then you suffer"
- Stevie Wonder "Superstition"
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