long_on_oil

The Real Rationale Behind Current Supply and Demand for Oil and Other Commodities

Low gas prices will bring the country out of its funk just as high gas prices put us into the funk. More money in consumers pockets, no matter how it gets there is good for the economy, that is the simple bottom line.

The Real Rationale Behind Current Supply and Demand for Oil and Other Commodities

America is a junk food nation. Give an American food stamps and the first thing they buy is potato chips, popcorn, and pop; the essentials of life.He missed the mark there. I can not figure out what this guy brushes his teeth with if not some form of toothpaste. Mouthwash is not needed but I can't imagine toothpaste as a luxury.
The best part of the article was his oil and shipping analysis he is right on there. As far as power plants, natural gas is the only economically feasible way to go due to the limited amount of fuel for nuclear and the peak oil theory on oil.
When the dam breaks on all this liquidity the fed is putting into the economy we will all be flooded with massive inflation. Banks can borrow at zero percent interest and there is a credit crunch...BS. Credit card rates are going to collapse to get the economy going, you can bet on it.
If you remember all the predictions for 2008 made in 2007 you will see only a very few came close to the actual results. The results for 2009 will be the same, very few will get the bearish prediction right. Since I am an eternal optimist I am going out on a limb by predicting a 14000 Dow sometime in 2009...lol May you all have a prosperous 2009.