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 by Opet, Level 38
Last updated at May 21, 2008, 1:25 am
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http://www.reuters.com/article/topNews/idUSWAT00953020080520?feedType=RSS&feedName=topNews&rpc=22&sp=true
An "interesting" use of lawyers
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11 comments
syeren May 21, 2008 at 2:36 am
+1 votes
Wow, the U.S. are just morons. "LOL US TRADE LAWS ON A NON-US COMPANY IS GOING TO WORK HONEST LOL".
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Vir May 21, 2008 at 10:18 am
+1 votes
The (no so) funny part is if OPEC stopped selling oil in dollars and moved to the euro, it could destroy the US economy.
Part of the reason oil prices are up so much in the past few years is because oil is priced in dollars, and the dollar has lost value. They're barking up the wrong tree.
Part of the reason oil prices are up so much in the past few years is because oil is priced in dollars, and the dollar has lost value. They're barking up the wrong tree.
syeren May 21, 2008 at 3:10 pm
+1 votes
Yes I know, I remember when Fidel Castro suggested such a thing a few years ago, and the US tried to shut the whole thing down as much as possible, because after all the US need to make money on all Oil traded in the world right? Oh wait, no they shouldn't 
Dayvo May 21, 2008 at 9:31 am
+1 votes
What I wanna know is why America is paying 3.70ish per gallon for petrol when down under its 1.50 a litre...
(4 litres in a gallon for you uneducated seppos :P)
(4 litres in a gallon for you uneducated seppos :P)
TaBOOO May 21, 2008 at 11:41 am
+1 votes
in uk we have been paying over a pound a litre for petrol for years now. $3.79 is £1.90ish. So that means a gallon in uk would cost around 6 pounds or almost 12 dollars a gallon. this just goes to show how dumb ur goverment is ( and what a rip ours is :p)
TehJerk May 21, 2008 at 12:21 pm
+1 votes
i read just teh other day that most of the world were paying high oil prices, except for the major producers of it and the developing countries. I even read europe was more expensive than the U.S.. So its odd how people are saying we're so expensive compared to everyone. I guess i'll have to find that article....
i still dont get it. To me this whole thing seems based on almost a middle eastern monopoly on oil. they are purposely under-producing it for sale to other countries, obviously prices are higher due to supply and demand as a result, and they are making a fortune with that tactic. Bush threatens alternative fuels which i guess isnt all that viable at this point, because they dont take him seriously and wont bend to his requests to produce more even tho they easily can. i dont read much on this stuff, only the news that generally hits the main page, but it just doesnt entirly add up.
i still dont get it. To me this whole thing seems based on almost a middle eastern monopoly on oil. they are purposely under-producing it for sale to other countries, obviously prices are higher due to supply and demand as a result, and they are making a fortune with that tactic. Bush threatens alternative fuels which i guess isnt all that viable at this point, because they dont take him seriously and wont bend to his requests to produce more even tho they easily can. i dont read much on this stuff, only the news that generally hits the main page, but it just doesnt entirly add up.
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