User 143167

U.S. Oil Consumption: Not Quite So Bad

The modern US GDP is more about punching numbers at the office or trading floor. So it has nothing to do with oil consumption. Hardly see this is an improvement. On the contrary, those delusional GDP will disappear into the thin air once people realize that they are creating NO real value.

Falling Gas Prices Will Save Consumers $156 to $188 Billion Annually

That doesn't really matter. Too late, the consumers are already belly up with their last credit card running out of credit.

Options Trader: Friday Outlook

Philip, you are so wrong here. I am not saying US is evil by using some much oil. I am saying China does have every right to develop an economy and business as strong as the US is, even per capita wise. So my point is to blame surging oil prices on Chinese or Indians doesn't make any sense to me.

Options Trader: Friday Outlook

China only consumes 2 barrels of crude oil a year per capita wise, 1/12 less than what the US consumes. I agree everyone should be responsible, but no doubt American's repsonsiblities are the foremost.

Options Trader: Friday Outlook

American people should use more coal or natural gas. The earth can't afford to 24barrels a year per capita oil consumption anyway. It is Americans' responsibility to reduce oil consumption to give this world a break!

How Concerned Should We Be About Core Inflation?

The author needs to look at the seasonal factors that the BLS uses this year. Even with oil price keeps going down toward $100, the inflation data will get WORSE in the next a few months.
Well, you know the BLS models never reflect the fact. It should not be a surprise.

The Oil Shortage, and Other Fairy Tales

come on. The OPEC will say they have "enough" production outputs until the last day of their oil exportation. How can you be a commodity trader just by reading those "fairy tale" reports from the likes of IEA? Was it ever right on oil price for once?

We're Nearing Crunch Time for Oil

blackbody, the differences are that oil has global consumers while US estates only have mostly Americans to consume them.
So the easiest way to reflate the house prices in America is to let more foreigners buy them and award them green cards when they sign the contracts. Then the house prices will bottom out, right away.

Why the Fed Should Leave Interest Rates Unchanged

What if the Fed is done with cuts, dollar rebounds, and the oil still makes new highs?
Is that the end of the world?