Yet another Timewalking loot post ( As directed by GM)
Opened timewalking Cache before hotfix
Embrace Two New Races in Cataclysm Classic
MMO-Champion
I hate that they can just do this...petrol prices set to rise.
http://www.bbc.co.uk/news/business-38155185
Honestly, as an average guy I really begrudge paying extra for petrol. When will these oil shackles be released!
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Recent Forum Posts
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2016-11-30, 06:03 PM #1Deleted
OPEC countries agree decrease in oil production
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2016-11-30, 06:24 PM #2Grunt
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Originally Posted by MissMin
Probably they are thinking that Trump us going to lift a great number of Obama's drilling restrictions, especially dealing with the oil platforms in the gulf and ocean, which have a much lower price per barrel profit point then the fracking companies.
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2016-11-30, 06:37 PM #3The Undying
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U.S. oil producers control the price of oil these days or so they say. Where is Reese? He works in the bizz. We are the #1 producer of oil, surpassing Saudi Arabia.
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"This will be a fight against overwhelming odds from which survival cannot be expected. We will do what damage we can."
-- Capt. Copeland
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2016-11-30, 06:45 PM #4The Unstoppable Force
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We are already doing this, OPEC controlling prices is only due to the stock speculation. The OPEC nations no longer control enough of the world's production to set prices therefore this is all artificial. Also oil demand has been stagnating and is not expected to pick up anytime soon. Originally Posted by Connal
This environment has also been good in a way oil producers are preparing for a world of $20 - $30 oil by increasing efficiency.
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2016-11-30, 07:24 PM #5Old God
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Don't care my Tesla is on the way and everyone else should hop on the bandwagon.
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2016-11-30, 07:26 PM #6Banned
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The Arabs have had us by the balls since the 70s oil crisis
Why do you think we care so much about what happens in that sand blasted shit hole?
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2016-11-30, 08:27 PM #7DeletedWell I am hoping that the oil stranglehold will end sooner rather than later. Originally Posted by BrummiePride
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2016-11-30, 08:39 PM #8Deleted
That's good news for Putin.
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2016-11-30, 08:40 PM #9Banned
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It's ok, we're covered Originally Posted by MissMin
Apache discovers 3 billion barrels of oil in West Texas
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2016-11-30, 08:42 PM #10Legendary!
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- Apr 2010
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The Russians have also agreed to reduce their production by 300k barrels/day. Originally Posted by Lei Shi
Most people would rather die than think, and most people do. -Bertrand Russell
Before the camps, I regarded the existence of nationality as something that shouldn’t be noticed - nationality did not really exist, only humanity. But in the camps one learns: if you belong to a successful nation you are protected and you survive. If you are part of universal humanity - too bad for you -Aleksandr Solzhenitsyn
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2016-12-01, 12:13 AM #11Banned
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The cuts only increased Brent 10% and WTI 9%, the price can only go so high before more tight oil is brought back, which would tend to cap prices.
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2016-12-01, 05:49 AM #12DeletedThen that's very bad news for civilians all over the world, because they're the only ones effected by price hikes of such stuff. Originally Posted by Venant
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2016-12-01, 07:31 AM #13DeletedYou sure? I hope they increase production and bury opec saudis n all the other deplorable islamist economies. It has been fun watching saudi economy taking a beating Originally Posted by Venant
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2016-12-01, 07:34 AM #14Deleted
Geat news! Oil's got to go.
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2016-12-01, 07:43 AM #15Legendary!
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2016-12-01, 08:24 AM #16Banned
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Actually, it's "The Russians have to agree to cut production for OPEC deal to stick"; meeting with non-OPEC decisions will not come until December 9th, and actual decision might take even longer. Originally Posted by Venant
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2016-12-01, 09:09 AM #17DeletedDo not be worried most of the OPEC and Russia desperate need the oil revenue, hence they will not stick to the agreement (X did not honored agreement so why should I) and If the oil price go up to 50$ barrel a longer time the US shale oil will start to flood the market..... Originally Posted by MissMin
The only thing that will drive the price up a longer time is a war at the wrong (or right) place or huge economic boomLast edited by mmoc957ac7b970; 2016-12-01 at 09:11 AM.
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2016-12-01, 09:12 AM #18Pit Lord
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oil demand stagnating? ever heard of china? they have en ENORMOUS thirst for oil as more and more of them become middle class and buy cars, and it's only speeding up. Originally Posted by Dracos854
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2016-12-01, 09:28 AM #19Deleted
Petrol prices are high mostly because of taxes. In most EU countries petrol actually costs only about 1/3 of its price, the rest are taxes.
Nice! But its not really usable for long distance travel and I heard its breaking too often. Though I'd love to have one anyway. Originally Posted by Gamdwelf
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2016-12-01, 10:53 AM #20DeletedHence cities are close to trafic infarct and drown in smog, that cools the need for the middle class to buy more cars. The number of cars will increase but growth slows down. Originally Posted by NihilSustinet
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