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<blockquote data-quote="The Other Side" data-source="post: 959612" data-attributes="member: 17969"><p>I love how you all seem to live in a bubble. That bubble is the world of right wing talking points. Lets look at something really strange in the "world" of big oil, shall we? Now, I know that you all that are crying that the sky is falling will probably reject what I am about to say, but at least give it some thought.</p><p></p><p>Back in November 2011 Chevron Oil operating off the coast of brazil had a leak into the atlantic ocean and attempted to cover it up. Thousands of barrels of oil has seeped into the sea. Investigations have shown that Chevron was unprepared for the spill and further, LIED to investigators. Last month there was another leak at another well into the atlantic ocean.</p><p></p><p>Today, Chevron is facing fines of 30 billion dollars, lawsuits totaling 28 billion and criminal charges against 17 Chevron executives with sentences ranging from 10 to 31 years in prison.</p><p></p><p>Now, this spill happened in the 4th quarter of last year, and in the first quarter of this year, OIL prices per barrel SPIKED from 77 dollars a barrel to 110 a barrel. Today, immediately after the 1st quarter ended, prices per barrel are dropping and the price per gallon is dropping.</p><p></p><p>So then, ask yourself this? "Why hasnt this spill been all over the news?" Why hasnt FOX, CBS, ABC, MSNBC or any other news channel even spoke of this spill, the fines, the lawsuits or the criminal charges against Chevron?</p><p></p><p>Is it a coincedence that CHEVRON causes two large spills into the sea, gets whopping fine, gets sued and faces a potential loss of 58 billion dollars and in the first quarter immediately following the spill and fines, oil prices per barrel spike to a point where CHEVRON almost makes up the same total in profits as they are losing in Brazil?</p><p></p><p>Who is really paying for these fines and lawsuits?</p><p></p><p>How convenient that seeing a potential loss of 58 billion, oil prices per barrel rise to high levels even though there is a GLUT of OIL in the USA and it has to be sold overseas just to get rid of it, and yet Chevron will be able to pay the fines in Brazil without feeling the pinch.</p><p></p><p>To me its clear that oil prices rose simply to help Chevron out of this pinch. The speculators and oil companies knew the fines were coming, they knew the lawsuits against Chevron were coming, so they built that into the price for the first quarter and YOU ALL PAYED FOR IT.</p><p></p><p>WE ARE PAYING THE FINES, WE ARE GOING TO PAY FOR THE LAWSUITS, WE ALWAYS PAY, its all figured in. Both BP and Chevron after having to face huge losses simply got some money back by raising prices per barrel during a better economy and each will set new records for profits next week.</p><p></p><p><a href="http://www.washingtonpost.com/blogs/blogpost/post/brazils-chevron-oil-spill-a-wake-up-call-to-avoid-their-own-deepwater-horizon/2011/11/29/gIQAtczK9N_blog.html" target="_blank">Brazil&rsquo;s oil spill: Chevron &lsquo;tried to make the accident less than it was&rsquo; - BlogPost - The Washington Post</a></p><p></p><p><a href="http://www.nytimes.com/2011/11/19/business/energy-environment/brazil-officials-criticize-chevron-over-oil-spill.html" target="_blank">http://www.nytimes.com/2011/11/19/business/energy-environment/brazil-officials-criticize-chevron-over-oil-spill.html</a></p><p></p><p><a href="http://www.environmentalgraffiti.com/oil-and-gas/news-chevron-seriously-underestimates-oil-spill-brazilian-coast" target="_blank">Chevron Seriously Underestimates Oil Spill Off Brazilian Coast</a></p><p></p><p><a href="http://www.bloomberg.com/news/2011-12-15/chevron-s-oil-spill-in-brazil-prompts-10-6-billion-lawsuit.html" target="_blank">Chevron Oil Spill Spurs Lawsuit to Freeze 17% of Brazil's Rigs - Bloomberg</a></p><p></p><p></p><p>The OIL COMPANIES NEVER LOSE, only the american consumer.</p><p></p><p>Think about it.</p><p></p><p>Peace</p><p></p><p>TOS</p><p></p><p>4/10/12</p></blockquote><p></p>
[QUOTE="The Other Side, post: 959612, member: 17969"] I love how you all seem to live in a bubble. That bubble is the world of right wing talking points. Lets look at something really strange in the "world" of big oil, shall we? Now, I know that you all that are crying that the sky is falling will probably reject what I am about to say, but at least give it some thought. Back in November 2011 Chevron Oil operating off the coast of brazil had a leak into the atlantic ocean and attempted to cover it up. Thousands of barrels of oil has seeped into the sea. Investigations have shown that Chevron was unprepared for the spill and further, LIED to investigators. Last month there was another leak at another well into the atlantic ocean. Today, Chevron is facing fines of 30 billion dollars, lawsuits totaling 28 billion and criminal charges against 17 Chevron executives with sentences ranging from 10 to 31 years in prison. Now, this spill happened in the 4th quarter of last year, and in the first quarter of this year, OIL prices per barrel SPIKED from 77 dollars a barrel to 110 a barrel. Today, immediately after the 1st quarter ended, prices per barrel are dropping and the price per gallon is dropping. So then, ask yourself this? "Why hasnt this spill been all over the news?" Why hasnt FOX, CBS, ABC, MSNBC or any other news channel even spoke of this spill, the fines, the lawsuits or the criminal charges against Chevron? Is it a coincedence that CHEVRON causes two large spills into the sea, gets whopping fine, gets sued and faces a potential loss of 58 billion dollars and in the first quarter immediately following the spill and fines, oil prices per barrel spike to a point where CHEVRON almost makes up the same total in profits as they are losing in Brazil? Who is really paying for these fines and lawsuits? How convenient that seeing a potential loss of 58 billion, oil prices per barrel rise to high levels even though there is a GLUT of OIL in the USA and it has to be sold overseas just to get rid of it, and yet Chevron will be able to pay the fines in Brazil without feeling the pinch. To me its clear that oil prices rose simply to help Chevron out of this pinch. The speculators and oil companies knew the fines were coming, they knew the lawsuits against Chevron were coming, so they built that into the price for the first quarter and YOU ALL PAYED FOR IT. WE ARE PAYING THE FINES, WE ARE GOING TO PAY FOR THE LAWSUITS, WE ALWAYS PAY, its all figured in. Both BP and Chevron after having to face huge losses simply got some money back by raising prices per barrel during a better economy and each will set new records for profits next week. [url=http://www.washingtonpost.com/blogs/blogpost/post/brazils-chevron-oil-spill-a-wake-up-call-to-avoid-their-own-deepwater-horizon/2011/11/29/gIQAtczK9N_blog.html]Brazil’s oil spill: Chevron ‘tried to make the accident less than it was’ - BlogPost - The Washington Post[/url] [URL]http://www.nytimes.com/2011/11/19/business/energy-environment/brazil-officials-criticize-chevron-over-oil-spill.html[/URL] [url=http://www.environmentalgraffiti.com/oil-and-gas/news-chevron-seriously-underestimates-oil-spill-brazilian-coast]Chevron Seriously Underestimates Oil Spill Off Brazilian Coast[/url] [url=http://www.bloomberg.com/news/2011-12-15/chevron-s-oil-spill-in-brazil-prompts-10-6-billion-lawsuit.html]Chevron Oil Spill Spurs Lawsuit to Freeze 17% of Brazil's Rigs - Bloomberg[/url] The OIL COMPANIES NEVER LOSE, only the american consumer. Think about it. Peace TOS 4/10/12 [/QUOTE]
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