Comments on Sergey Maskalik's articles RSS Syndication from SeekingAlpha.com http://seekingalpha.com/author/sergey-maskalik/articles http://seekingalpha.com/article/83590-oil-time-for-caution?source=feed#comment-199023 199023 Sat, 05 Jul 2008 23:05:06 -0400 http://seekingalpha.com/article/83590-oil-time-for-caution?source=feed#comment-198722 198722 Fri, 04 Jul 2008 18:59:18 -0400 http://seekingalpha.com/article/83590-oil-time-for-caution?source=feed#comment-198408 198408 Fri, 04 Jul 2008 05:18:21 -0400
1. Use less.

2. Tell your Congressman to increase margin requirements for commodity traders.

3. Start heating water with solar collectors.

All of these things can be done in one to three months.

DO NOT BELIEVE WHAT YOU ARE TOLD ABOUT SPECULATION HAVING NOTHING TO DO WITH HIGH OIL AND GASOLINE PRICES.

The Commodity Futures Trading Commission has not done their job properly and Congress needs to fix what is called " The Enron Loophole"

Go to:

http:star-telegram.com/ed_w...

to learn how you and I are being cheated. Then copy the story and send it to your friends.

PS. Senators Barack Obama, Byron Dorgan and Maria Cantwell are aware of the "price fixing" and so is Governor Jon Corzine of New Jersey. ]]> http://seekingalpha.com/article/83590-oil-time-for-caution?source=feed#comment-198319 198319 Thu, 03 Jul 2008 20:48:29 -0400
Worldwide oil demand has nudged or even exceeded supply. That means prices rise, and keep rising, to squeeze out the marginal buyers.

At the moment, oil is subsidized in many countries where oil demand is growing far faster than in the USA (though with about 5% of population, for years we have consumed about 25% of the world's oil...now billions more want what we have). Therefore, even if we decrease our oil demand by 5 or 10%, that savings will soon be lost against a much faster growing world demand among the other 95% of the world's population.

Reducing oil to $100/barrel and below is on the horizon, and $50 or less, is just over the horizon. It is quite likely there will be much more demand destriction than most can visualize. Because:

As gasoline reaches $6, $8, and $10, worldwide demand destruction will grow rapidly as fuel consumes a larger and larger portion of incomes, resulting in tens of thousands of large and small businesses are elimated, and millions of jobs lost. That tipping-point (and severe recession/worse) is more likely than we like to think. We may well see $2 gasoline...and wish we hadn't.

Unfortunately, it will be about 10 years before new oil fields and new liquid fuels, or enough hybrids, are in place to add substantially to today's supply...if we can ever agree to start, and what needs to be done!

It is that simple...and that serious to your economic future (and sadly, that of your children and grandchildren). This goes FAR beyond the bankruptcy of car companies, airlines hotels/resorts, state and city governments. Gasoline is life to billions!...wars have been fought for less! ]]> http://seekingalpha.com/article/83590-oil-time-for-caution?source=feed#comment-198058 198058 Thu, 03 Jul 2008 12:20:57 -0400 http://seekingalpha.com/article/83590-oil-time-for-caution?source=feed#comment-197746 197746 Thu, 03 Jul 2008 07:24:05 -0400
Please provide proof for this statement. This is the last report on production I saw:

"World oil supply rose to 86.6 million b/d in May, up nearly 500,000 b/d from April's 86.11 million b/d as production rose from OPEC, China and the former Soviet Union, the International Energy Agency said Tuesday. OPEC raised its crude supply to 32.31 million b/d last month, up from 31.91 million b/d in April, the IEA said in its latest monthly oil market report."

Mr. Pickens in April said this:

"There is only 85 million barrels of oil globally in the market coming a day and I don't think you can increase that 85 million."]]> http://seekingalpha.com/article/83590-oil-time-for-caution?source=feed#comment-197621 197621 Wed, 02 Jul 2008 21:55:10 -0400 http://seekingalpha.com/article/83590-oil-time-for-caution?source=feed#comment-197567 197567 Wed, 02 Jul 2008 19:05:58 -0400 http://seekingalpha.com/article/83590-oil-time-for-caution?source=feed#comment-197494 197494 Wed, 02 Jul 2008 16:01:13 -0400
Consider we are transitioning from a failed economic hyposis of 15 years of excess. My numbers now show GDP shrinkage of 20% by 2011, is that a classic definition of depression? I am sure at that time offshored U.S. companies via CNBC will chime in and argue that a depression is not occuring.

If and when the financial system crashes I am sure 97% of the U.S. population will hear about the upsides of government rations of wheat pasta and cheese as there life savings instantly dissapear. The failure is on government. The word 'public servant' has lost meaning on the hill for the majority of the selfish mental dwarves. But all in all, human nature is cyclical and the American people will pull out of this on top, but let's truly hope the worst potential downside of major resource wars and financial collapse don't occur, but nonetheless, preparing for the worst but hoping for the best is always the best strategy. ]]> http://seekingalpha.com/article/83590-oil-time-for-caution?source=feed#comment-197411 197411 Wed, 02 Jul 2008 14:22:09 -0400 http://seekingalpha.com/article/83590-oil-time-for-caution?source=feed#comment-197356 197356 Wed, 02 Jul 2008 13:13:06 -0400
Yergin has been engaged in such talk for several years now and has been consistently wrong for the entire time.

Cycles be hanged. This is not a cycle. Demand surpassing steepening production decline is not a cycle, it is a one time irreversible fundamental change in the oil picture.

Please rethink. ]]>