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  • The Impact of High-Priced Oil on Solar Manufacturers [View article]
    Alpha24seven or a Master Beta... Get the whole picture my friend, it really doesn't matter how much "new" oil is found or how much more we can suck out of existing fields, the big fields are going down fast
    (Ghawar,Canterell etc) and you need to replace those fields plus add all your "new" fields at a pace that is just not possible.... that is only a part of the tragedy that is grinding it's way to you in Cambodia... we are in full scale population overshoot and our resources are not holding up to demand.... Most of our new "Global" economy is based on bullshit CDO's SIV's and Tranches that are basically worthless... the time to sit is coming and there are only a few seats.... they are in first class, everybody else ends up a loser.
    Nov 29 17:17 pm |Rating: 0 0 |Link to Comment
  • The Impact of High-Priced Oil on Solar Manufacturers [View article]
    Andrew, you are a little misinformed on the implications of $400/bbl oil my friend. This economy, at least the people not working for Bear Stearns and Goldman Sachs will fold up like a beach chair at $150/bbl and will not recover in any way,shape or form. I am surprised that you think $400/bbl oil is even in the ballpark for anyone other than the ultra-rich for which they had best start hiding as the common-man will be coming for him and what he has.
    You must be doing pretty well writing bullshit investment advice for the starry-eyed investors that don't see the coming oil shocks and the complete and total unraveling of the parlor games that wall-street has been playing..... The only thing you are long on is ignorance.
    Nov 29 17:05 pm |Rating: 0 0 |Link to Comment
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