Blue48

Champion Author
Illinois
Posts:2,635 Points:666,970 Joined:Feb 2007
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Message Posted: Nov 22, 2009 5:11:39 PM
SO MUCH SCRUTINIZING OTHER PEOPLES BLOGS! I LOVE IT!
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Sneakers55

Champion Author
Houston
Posts:31,941 Points:1,292,465 Joined:Nov 2005
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Message Posted: Nov 20, 2009 7:19:10 PM
MnMarty wrote:
>Interesting that they coll the oil company "state-owned".
The term "state" is a frequent used way to speak of an entire country (as differentiated from our fifty states).
One example: Hillary Clinton is the Secretary of State, not the Secretary of Government.
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kelsielee

Champion Author
Atlanta
Posts:3,384 Points:662,425 Joined:Sep 2008
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Message Posted: Nov 20, 2009 6:18:40 PM
Clearly most Americans don't have much sympathy for them.
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honda0105

Champion Author
Tallahassee
Posts:10,700 Points:626,425 Joined:Nov 2008
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Message Posted: Nov 20, 2009 6:49:47 AM
otoh, if people looked at profits from 2005, 2006 or 2007, the figures would noticeably be different. But it's not as sensationalistic, I guess..
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honda0105

Champion Author
Tallahassee
Posts:10,700 Points:626,425 Joined:Nov 2008
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Message Posted: Nov 20, 2009 6:48:45 AM
well, if we look at last year's hyperinflated prices, it's no wonder everyone whines and screams and claws their way back to the top. After all, prices shouldn't be in the $80 or $90 range considering the excessive floating inventory in the Gulf of Mexico and along the Eastern and Western Seaboards.
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PDQBlues

Champion Author
San Diego
Posts:2,269 Points:500,375 Joined:Jan 2009
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Message Posted: Nov 20, 2009 5:16:30 AM
I'm looking forward to even bigger falls. ;-)
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bigreddwg

Champion Author
Tampa
Posts:4,404 Points:906,775 Joined:Nov 2005
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Message Posted: Nov 19, 2009 11:46:59 PM
couldn't happen to a meaner country and its A**HOLE of a presidente'. KEEP CONSERVING PEOPLE SO WE CAN BI**HSLAP THIS GUY BACK TO BEING A PEASANT AGAIN!! GAS WILL ONLY GO DOWN IF WE REDUCE OUR DRIVING - DRIVE SLOW THIS t'GIVING WEEKEND, BUT BE SAFE EVERYBODY!!
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DustyHorse

Champion Author
Virginia
Posts:1,527 Points:505,040 Joined:Oct 2008
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Message Posted: Nov 19, 2009 11:39:22 PM
I hope they go bankrupt.
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FordF2502001

Champion Author
Mississippi
Posts:3,046 Points:662,175 Joined:Sep 2008
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Message Posted: Nov 19, 2009 11:30:47 PM
only 3.15 billion? so sorry, so sad
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MnMarty

All-Star Author
Twin Cities
Posts:608 Points:123,560 Joined:Mar 2009
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Message Posted: Nov 19, 2009 11:29:56 PM
Interesting that they coll the oil company "state-owned". Chavez nationalized all of the oil companies; they are government owned.
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BeaverBilly

Champion Author
Alberta
Posts:4,960 Points:1,571,735 Joined:Feb 2003
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Message Posted: Nov 19, 2009 11:23:11 PM
That happened world wide. Did they NOT notice??????
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jimsin630

Veteran Author
Chicago
Posts:494 Points:106,885 Joined:Aug 2009
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Message Posted: Nov 19, 2009 11:17:07 PM
what we need to do is keep cutting back, and export the speculators to opec
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Lukus

Champion Author
Halifax
Posts:3,479 Points:707,290 Joined:Nov 2007
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Message Posted: Nov 19, 2009 11:08:39 PM
Cry me a river. We don't feel for them.
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zeddieiv

Champion Author
Columbia
Posts:3,561 Points:1,062,830 Joined:Oct 2006
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Message Posted: Nov 19, 2009 11:02:09 PM
Boo Hoo!
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DEG

Champion Author
Las Vegas
Posts:12,803 Points:2,543,205 Joined:Jul 2003
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Message Posted: Nov 19, 2009 11:01:34 PM
Ahhh! Poor Chavez! No sympathy here.
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NavyStore

Champion Author
Seattle
Posts:2,681 Points:1,182,700 Joined:Aug 2005
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Message Posted: Nov 19, 2009 11:00:55 PM
No tears here...
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jay4

Champion Author
Colorado Springs
Posts:5,792 Points:1,326,080 Joined:Apr 2006
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Message Posted: Nov 19, 2009 11:00:29 PM
Are Americans shedding crocodile tears?
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Chris46

Champion Author
Dayton
Posts:11,005 Points:1,245,385 Joined:Sep 2005
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Message Posted: Nov 19, 2009 10:57:14 PM
Just a temporary fall, after rising 121%. Not much of a drop.
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YLHandyman

Champion Author
Orange County
Posts:4,579 Points:828,795 Joined:Feb 2008
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Message Posted: Nov 19, 2009 10:53:28 PM
Only 3.15 Billion Dollars, what a shame.
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Gassed01

Champion Author
Toronto
Posts:1,736 Points:846,325 Joined:Jan 2006
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Message Posted: Nov 19, 2009 10:44:23 PM
Lets have a tag day. I thought they were renegade oil producers, pumping more than their quota. Maybe not.
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bababooey2

Champion Author
Hartford
Posts:1,461 Points:321,865 Joined:Sep 2009
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Message Posted: Nov 19, 2009 10:44:19 PM
Let it fall.
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1fulltank

Champion Author
Buffalo
Posts:2,980 Points:575,900 Joined:Nov 2008
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Message Posted: Nov 19, 2009 10:41:57 PM
Maybe, but what had they risen to to begin with?
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mstearno

Champion Author
Dayton
Posts:3,561 Points:792,365 Joined:Jan 2008
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Message Posted: Nov 19, 2009 10:33:11 PM
hold on while I wipe my tears
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heysailor

Champion Author
Pittsburgh
Posts:4,640 Points:1,353,120 Joined:Mar 2006
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Message Posted: Nov 19, 2009 10:31:07 PM
Isn't that too bad.
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ACTown

All-Star Author
Oregon
Posts:880 Points:710,155 Joined:Jun 2007
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Message Posted: Nov 19, 2009 10:29:09 PM
It sounds like my IRA.
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DanMtz

Veteran Author
Oakland
Posts:428 Points:304,245 Joined:Oct 2009
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Message Posted: Nov 19, 2009 10:22:54 PM
Poor Hugo.
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indyjim

Champion Author
Indianapolis
Posts:4,737 Points:1,344,695 Joined:Jul 2006
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Message Posted: Nov 19, 2009 10:19:37 PM
So what's the problem? They still made 33% of the previous profit. That's more than most companies made during that period.
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RockCity

Champion Author
Denver
Posts:2,717 Points:484,845 Joined:Mar 2009
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Message Posted: Nov 19, 2009 10:12:27 PM
Looks like they will have to raise the price from the current 19 cents a gallon, but then who can afford that?
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sgonza98

Champion Author
San Antonio
Posts:3,502 Points:556,405 Joined:Apr 2004
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Message Posted: Nov 19, 2009 10:11:38 PM
Without speculators it would have dropped 90%
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lindact

Champion Author
New Haven
Posts:3,994 Points:783,415 Joined:May 2008
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Message Posted: Nov 19, 2009 10:09:03 PM
Does this mean the end of Chavez ?!
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GasMiserAZ

Champion Author
Phoenix
Posts:12,056 Points:698,425 Joined:Aug 2008
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Message Posted: Nov 19, 2009 10:04:52 PM
Awwww....my heart is breaking for Hugo.....(sniff)
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GAC1Shirt

All-Star Author
Georgia
Posts:685 Points:435,795 Joined:Sep 2006
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Message Posted: Nov 19, 2009 10:03:47 PM
Going to be hard to pay your military when you are broke. Good thing your folk did not pass a law to allow Hugo to be President for life. He has to face an election every four years.
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montytexas

Champion Author
Houston
Posts:1,204 Points:716,045 Joined:Jun 2006
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Message Posted: Nov 19, 2009 10:02:37 PM
I am glad I do not live in Venezuela...what a mess !!
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Number43

Champion Author
Lexington
Posts:3,492 Points:676,175 Joined:Oct 2008
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Message Posted: Nov 19, 2009 9:49:31 PM
The true tale- Profits fell after stupidity, corruption and gov. interference took their toll. Put the gov in charge of any business and the story is the same. Obamma and Chavez are brothers in spirit so it will happen here.
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jimnecci

Champion Author
Virginia
Posts:6,699 Points:1,492,490 Joined:Jan 2006
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Message Posted: Nov 19, 2009 9:48:20 PM
hahaha!
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lowpet

Veteran Author
Texas
Posts:279 Points:72,025 Joined:Dec 2008
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Message Posted: Nov 19, 2009 9:44:35 PM
welcome to the feelings of the average American
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SBlouch

Champion Author
San Antonio
Posts:4,869 Points:1,047,260 Joined:Apr 2007
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Message Posted: Nov 19, 2009 9:32:25 PM
Gee, now isn't that such a bummer for PDVSA. Now they know how the customer feels when prices of gas go down and how happy we feel. They should not be sad but happy for the customer. What goes around comes around. Enjoy your 67% fall in prices PDVSA.
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DosEquis26

Champion Author
Chicago
Posts:1,922 Points:1,088,060 Joined:Jun 2006
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Message Posted: Nov 19, 2009 9:29:58 PM
boycott Venzuelan-owned CITGO
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computernut2008

Champion Author
Ohio
Posts:1,639 Points:397,125 Joined:Oct 2008
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Message Posted: Nov 19, 2009 9:24:50 PM
Good but not enough..Bankrupt Chavez
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OGW

Champion Author
London
Posts:1,346 Points:668,090 Joined:Sep 2005
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Message Posted: Nov 19, 2009 9:23:48 PM
I really feel bad that they only made $3.15 billion. They should try living on what most of us have to.
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dbatw

Champion Author
St. Louis
Posts:1,686 Points:341,165 Joined:Apr 2009
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Message Posted: Nov 19, 2009 9:14:18 PM
isn't this the company the little strong man dictator of Venezuela nationalized from foreign (read American and British) companys' ownership? If so, good. Let them rot.
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WIPACKERFAN

Champion Author
Chicago
Posts:3,922 Points:874,815 Joined:Aug 2005
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Message Posted: Nov 19, 2009 9:12:21 PM
I don't feel in the least bit sorry or unhappy for them.
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timdtune

All-Star Author
Virginia
Posts:634 Points:132,710 Joined:Feb 2009
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Message Posted: Nov 19, 2009 9:11:46 PM
I agree oil will continue to drop in price since the dollar is so low and the interest rate is so low.
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furiousfowl

Champion Author
Riverside
Posts:11,945 Points:1,821,645 Joined:May 2005
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Message Posted: Nov 19, 2009 9:10:02 PM
even at 67% drop they arent hurting.. the $4 a gallon debacle gave them enough to cover the fall
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TRAIN RIDER

Champion Author
San Bernardino
Posts:4,246 Points:1,791,140 Joined:Oct 2004
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Message Posted: Nov 19, 2009 9:08:55 PM
PRODUCE MORE AND MAKE MORE MONEY. THEN PRICES WILL FALL.
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lightbulbman2008

Champion Author
Worcester
Posts:43,245 Points:649,335 Joined:Oct 2008
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Message Posted: Nov 19, 2009 9:02:06 PM
oil will continue to drop in price.!!!
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