U.S. OIL FUND ETF (USO)

All Comments on USO

  • commenter
    cjct
    Oct 03 02:56 AM
    7 Rules For Investing During the Fourth Quarter [view article]
    Amen to the anti-cyclical comments. It really boggled the mind that people were saying "this time is different" for the cyclicals (energy, fertilizers, steel) because the global economy had decoupled from the US economy. No one seemed to mention that the US is the largest play on the world seen and it's consumers demand most of the products made by the RoW. Reply
  • commenter
    Chubbs
    Oct 03 12:16 AM
    Price of Oil: Speculation vs. Fundamentals [view article]
    Ah, Brian, sure, doubtlessly all true. Reply
  • commenter
    billp37
    Oct 02 08:05 PM
    My Website
    5 Reasons Why the $700B Bailout Could Translate to $250 Oil [view article]
    But I am suspicious about rigged markets. And energy innovation fraud.

    I've started to follow HEAT RATE of coal, natural gas, oil, and alternate energy.

    I've learned that one kilowatt hour of electricty requires about, more or less, 10,000 BTUs INPUT.

    home.comcast.net/~bpayne37/pnmelectric...

    I am also STARTING to think about heat transfer of wind energy along with solar technologies.

    Hey, even wind and solar must obey the first law of thermodyamics.

    Any ideas?

    Have some fun too.

    Enjoy Iran Maiden.

    www.prosefights.org/th...

    Just think of the expense of the display.

    Only in New Mexico.





    Reply
  • commenter
    Owen
    Oct 02 06:24 PM
    Bailout Cost, per Taxpayer, by Income [view article]
    Nicely put, Smarty_Pants!

    However, keep in mind that most of the losses have already been accounted for due to mark-to-market principles, so anything paid above market value will appear as a profit on the next quarterly report for the company.

    Also, normal supply and demand rules still apply, so when the Treasury starts buying $850B of these toxic assets at market price, this market price will rise sharply.


    On Oct 02 02:17 PM Smarty_Pants wrote:

    > Purchasing bad debt won't eliminate the losses that it represents.
    > At best it will transfer them.
    >
    > Three cases:
    >
    > A) Treasury buys toxic securities at original values - original owner
    > avoids losses, taxpayers take them.
    >
    > B) Treasury buys toxic securities at true value - original owner
    > forced to realize the loss NOW, taxpayer avoids loss.
    >
    > C) Treasury buys toxic securities between full value and true value
    > - original owner forced to realize partial losses NOW, taxpayer gets
    > partial losses.
    >
    > No matter what, any schedule 3 asset that is not bought at full value
    > will put an immediate loss in the company's bottom line (which is
    > the fact we're trying to avoid right?). This still leaves the original
    > owner with the same problem NOW instead of later.
    >
    > Any other option requires the taxpayer to take the hit instead.
    > Blather about "holding until profitable" is just that, Blather.
    > If that were truly the case, Warren Buffett would be buying level
    > 3 assets instead of loaning money to Goldman and GE at 10% interest
    > with warrants.
    >
    > The reason Warren Buffett isn't buying toxic assets is that there's
    > no way to make money on them without risking a huge loss.     Reply
  • commenter
    Alex_G
    Oct 02 06:09 PM
    The Professor Of Commodities: Interview with James Doran (Part II) [view article]
    complete waste of bandwith, time, etc. Reply
  • commenter
    JasonC
    Oct 02 05:27 PM
    5 Reasons Why the $700B Bailout Could Translate to $250 Oil [view article]
    All the bubbles go smash. All of them. It is deflation, people, deadly persistent and huge. Reply
  • commenter
    zanardm
    Oct 02 05:25 PM
    Wall Street Breakfast: Must-Know News [view article]
    Appropriation bills start in the House; not in the Senate. The House has already voted on a bailout of hedge funds/Wall st. Why should the House consider constructing a new bailout bill? Credit tightness is handled by central banks; not by bailouts. Why wouldn't hedge funds unload toxic high risk debt to other firms, and then to the U.S. tax payer? National debt is at $15 trillion currently and dollar is at -30% compared to all other major currencies. So a we pay a 30% premium on oil. Let the markets mark to market to give a current value to any underlying actual assets. Also the House doesn't take orders from the Senate. The House has already voted and done it's work; House adjoined. Reply
  • commenter
    Whidbey
    Oct 02 05:22 PM
    The Professor Of Commodities: Interview with James Doran (Part II) [view article]
    Don't bother to read it twice because your first reading was correct: it is empty of meaning. Why ?? Reply
  • commenter
    zenalgorithm
    Oct 02 05:17 PM
    5 Reasons Why the $700B Bailout Could Translate to $250 Oil [view article]
    I think your timing for this article was kind of poor. Perhaps you should have waited until late February to write this.

    The Ponzi I-banks and various speculative commodity hedge funds are no longer propping up the price of oil anymore.
    While I do believe that peak oil is coming very soon - within the next 5 years, I've also noticed lately that all the SUVs are disappearing at my condo complex and are being replaced with tiny fuel sipping cars.

    Your premise that a $700 billion bailout is going to cause massive inflation is weak IMO. ALL the countries around the world are slowing down and will inevitably lower their interest rates, thus most of them will be matching our inflation/deflation in certain assets and commodities $s.     Reply
  • commenter
    cjct
    Oct 02 05:02 PM
    The Professor Of Commodities: Interview with James Doran (Part II) [view article]
    Amen... Reply
  • commenter
    Brian
    Pursley
    Oct 02 04:06 PM
    My Website
    Price of Oil: Speculation vs. Fundamentals [view article]
    Oil is abiotic, renewable, and infinite. For the first time scientists have observed biomarkers contaminating abiotic oil: oilismastery.blogspot..../ Reply
  • commenter
    Think-About-
    It
    Oct 02 02:48 PM
    The Professor Of Commodities: Interview with James Doran (Part II) [view article]
    the professor is good at saying nothing. Reply
  • commenter
    Smarty_Pants
    Oct 02 02:17 PM
    My Website
    Bailout Cost, per Taxpayer, by Income [view article]
    Purchasing bad debt won't eliminate the losses that it represents. At best it will transfer them.

    Three cases:

    A) Treasury buys toxic securities at original values - original owner avoids losses, taxpayers take them.

    B) Treasury buys toxic securities at true value - original owner forced to realize the loss NOW, taxpayer avoids loss.

    C) Treasury buys toxic securities between full value and true value - original owner forced to realize partial losses NOW, taxpayer gets partial losses.

    No matter what, any schedule 3 asset that is not bought at full value will put an immediate loss in the company's bottom line (which is the fact we're trying to avoid right?). This still leaves the original owner with the same problem NOW instead of later.

    Any other option requires the taxpayer to take the hit instead. Blather about "holding until profitable" is just that, Blather. If that were truly the case, Warren Buffett would be buying level 3 assets instead of loaning money to Goldman and GE at 10% interest with warrants.

    The reason Warren Buffett isn't buying toxic assets is that there's no way to make money on them without risking a huge loss.
    Reply
  • commenter
    woodsey
    Oct 02 01:21 PM
    Wall Street Breakfast: Must-Know News [view article]
    Witness bear raid on Thornberg; Bear St. was there too. Reply
  • commenter
    Atlas
    Shrugged
    Oct 02 12:05 PM
    Bailout Cost, per Taxpayer, by Income [view article]
    It isn't a bailout, it's what is referred to in the venture capital industry as a "cramdown". The US Treasury, and therefore the taxpayers, will make a profit on this cramdown. Reply
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