Oil Bubble Breaking? Barron's Outlines the Case, But the Argument is Weak [View article]
the article downplayed some of the factors driving oil upward, including the fact that new oil is getting more expensive to extract and refine. Plus, they only suggested oil falling back to $100... quite possibly temporary at that. I would say $100 oil is hardly a busted bubble.
Seems to me they used an intriguing headline to sell papers...
Investing Into the End of the Hydrocarbon Age [View article]
Electron age? I think we're a few centuries off from that utopia! I don't think people will catch on to the volt if it catches on fire like some of the initial tests.
Who's Really to Blame for Rising Oil? [View article]
This article is nuts. We're out of the cheap, easy processing oil and are now moving to the sulfurous stuff that's difficult to extract. Processing costs alone are a reason that oil won't go down. Why is it so hard for people to understand that we have a finite supply of oil? There just ISN'T ANYMORE in the ground.
All Americans care about is being able to go on their summer road trips and take their kids to the soccer game. Now a billion Chinese people are warming up to the same idea. Oil scarcity is a mega disaster in the works.
Are Rising Oil Prices Good For The Economy? [View article]
Is the tail wagging the dog? The reason oil is high during market rallies is because the economy is good and excess demand is driving up oil prices. You have the cause/effect inverse.
Oil Bubble Breaking? Barron's Outlines the Case, But the Argument is Weak [View article]
Seems to me they used an intriguing headline to sell papers...
Investing Into the End of the Hydrocarbon Age [View article]
Who's Really to Blame for Rising Oil? [View article]
All Americans care about is being able to go on their summer road trips and take their kids to the soccer game. Now a billion Chinese people are warming up to the same idea. Oil scarcity is a mega disaster in the works.
Are Rising Oil Prices Good For The Economy? [View article]