Tell our peace loving brothers in the middle east to tell their soverign wealth funds to stop going long oil (and our pension funds too).... "We don't have a queue!".... No, you don't need one when you can bid up the px and drive it higher.
Big Oil's Big Problem: Time is Running Out [View article]
Yes, the government....errrr Obama, will help big oil make the right decision to innovate. In addition, he'll get the health care companies to give us universal healthcare, get the universities to give us free tuition, and ask the Iranians not to be so mean and "understand" their side of things. Just like great sounding slogans like "Hope" and "Change", these things sound good and have no real substance.
Your message is received loud and clear, and I think we all agree that something must be done, but having the government do anything effectively or efficiently is probably not possible. Second, look at the unintended consequences of the Bush Ethanol plan - what a screw up! Groceries, feedstocks, and everything else are up and no one is saying a thing.
Options Trader: Wednesday Outlook [View article]
"We don't have a queue!".... No, you don't need one when you can bid up the px and drive it higher.
Big Oil's Big Problem: Time is Running Out [View article]
Your message is received loud and clear, and I think we all agree that something must be done, but having the government do anything effectively or efficiently is probably not possible. Second, look at the unintended consequences of the Bush Ethanol plan - what a screw up! Groceries, feedstocks, and everything else are up and no one is saying a thing.