DrumCorpsFan27 Posted May 24, 2006 Share Posted May 24, 2006 I'm not disputing that they have a ton of money invested.http://www.cbsnews.com/stories/2006/05/16/...in1620802.shtml Yikes. So, we agree on the one point of they have a lot of money invested in oil. Why are we still debating it? Let's move on. Quote Link to comment Share on other sites More sharing options...
DrumCorpsFan27 Posted May 24, 2006 Share Posted May 24, 2006 Go look it up yourself - you won't hear it on the mainstream media.I've done enough work for you. You haven't showm me anything about demand. Quote Link to comment Share on other sites More sharing options...
81regiment Posted May 24, 2006 Share Posted May 24, 2006 (edited) I'm not disputing that they have a ton of money invested.http://www.cbsnews.com/stories/2006/05/16/...in1620802.shtml Yikes. This story says that Bush's assets grew by about 15% in 2005. Energy stocks were up 75% last year. Sooo...why is GW up only 15%? As an investment manager, I gotta wonder how this can be the case... Maybe it's because he doesn't own as much in oil as has been claimed... Hmmmmmm.... Edited May 24, 2006 by 81regiment Quote Link to comment Share on other sites More sharing options...
81regiment Posted May 24, 2006 Share Posted May 24, 2006 You haven't showm me anything about demand. David - I'm not going to show you. You have to get off your can and do some research and analysis yourself. Sorry, I'm not running a welfare state. Quote Link to comment Share on other sites More sharing options...
DrumCorpsFan27 Posted May 24, 2006 Share Posted May 24, 2006 David - I'm not going to show you. You have to get off your can and do some research and analysis yourself.Sorry, I'm not running a welfare state. I believe I have done enough. You don't like my sources and you are entitled to that. There is one indisputable fact, neither one of us is going to change the others' opinion. We are now just saying the same things over and over. I'm moving on. You can choose what you want to do. I hope all the corps can adjust their budgets to be able to thrill audiences all summer. I wish them the best of luck. Quote Link to comment Share on other sites More sharing options...
ChicagoFan Posted May 24, 2006 Share Posted May 24, 2006 You're right, Dave, nobody is going to change anybody else's opinion in this argument and it is wallowing into repetition, however, I've enjoyed reading other's comments and ideas. And while this has certainly been a heated debate, I've found it to be one of the most intelligent and (for the most part) civil discussions of a controversial topic that I've seen on DCP. Quote Link to comment Share on other sites More sharing options...
81regiment Posted May 24, 2006 Share Posted May 24, 2006 (edited) I believe I have done enough. You don't like my sources and you are entitled to that. There is one indisputable fact, neither one of us is going to change the others' opinion. We are now just saying the same things over and over. I'm moving on. You can choose what you want to do. I hope all the corps can adjust their budgets to be able to thrill audiences all summer. I wish them the best of luck. Hey, you asked for sources - I got sources. I've provided sources from the US Department of Energy, The Energy Information Administration, the US Government Information Service, OPEC, the Securities and Exchange Commission, Baker Hughes... and you have posited...ABC News. And here are two more to corroborate Bush and Cheney's holdings. Look at all those oil holdings... http://www.publicintegrity.org/bop2004/can...?cid=2&act=pfin http://www.publicintegrity.org/bop2004/can...?cid=1&act=pfin And no, I do not like using the media as a credible source. ABC News is the only source you mentioned, and if that's good enough for you, I wish you my best. I'd never make a decision or form an opinion based on a biased source. As an aside, watch for a press release in the next few days on what some drum corps are doing to try to protect themselves against a spike in fuel costs. I doubt that ABC News will pick it up, so I will post a heads up for the entire DCP community when that happens. Bring on the summer. Edited May 24, 2006 by 81regiment Quote Link to comment Share on other sites More sharing options...
Dave Posted May 24, 2006 Share Posted May 24, 2006 Have you traveled in a third world country?And who is charging $70? OPEC. No, OPEC is not. It's the world commodities market that's decided that crude oil should be priced at $70 ($68 now, I believe) a barrel. It has nothing to do with refineries, oil companies or Bush and Cheney, conspiracy theories notwithstanding. Granted, OPEC is part of that market, but in large part prices were driven upward by speculators buying up oil futures after Iran started rattling its nuclear sabre. The FTC did an investigation into charges of gouging, and found, as expected, absolutely nothing. All price changes were well within the normal results of market behavior. High prices for gas? Unfortunately, yes, although as someone mentiond still not the highest on record comparitively. But it isn't because oil companies are trying to screw anyone over. Quote Link to comment Share on other sites More sharing options...
mbird139 Posted May 25, 2006 Share Posted May 25, 2006 (edited) And who is charging $70? OPEC. Did you hear this on ABC news? Wrong answer. Like the above poster said, the price of oil is set on the crude oil futures market. Edited May 25, 2006 by mbird139 Quote Link to comment Share on other sites More sharing options...
sopranopilot Posted May 26, 2006 Share Posted May 26, 2006 I just recieved the Spring 2006 DCI Today magazine. On page 28, article previewing this summers productions, an interesting tidbit about one finalist corps. "Among the challenges and risks for this year's version of *** ****** are moving their rather large props-CONTAINED IN AN EXTRA TRACTOR-TRAILER". I guess not everyone is worried about the high cost of fuel. Quote Link to comment Share on other sites More sharing options...
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