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bill d
190 Comments
Friday Outlook: Commodities, Emerging Markets
Crude Report Stumps Analysts
You can only control demand by the prices you charge which are determined by the price the consumer is willing to pay.
I remember all the bullshit about - well, as supply increases the price will go down. Draw your own conclusions. We will pay whatever we have to and the suppliers now realize that and also realize they do not have to compete to make money. Ever wonder how it is or was that all the stations increased their prices the same amount and at the same exact time ? And when the price of oil went up gas prices immediately followed but never went down the same way ? Now it just goes up no matter what oil does. Remember LIFO & FIFO, competition, free markets, etc. ?
Miraculous how ALL those stations took delivery simultaneously the night before the prices changed the next morning. The whole process is very carefully orchestrated, is a monopoly and always has been especially since the independents have been forced out by the oil companies. I watched them doing it starting back in the 70's and they finally succeeded. Anybody have any numbers on how many independents are still around ? We know it, they know we know it, they have us by the balls and there's NOTHING meaningful we can do about it - at least in the short run.
And they know that too.
I'm having a hell of a time trying to figure out which one of my 5 Hummers I have to sell - gotta do my part as a good American - you know - like me & Arnold.
Options Trader: Tuesday Outlook
When a Yield Sounds Too Good to Be True...
Oil and the 'Bad News Principle'
----------------------...
"As far as I am concerned, this can only be done by imaginative economic policies, designed and implemented by intelligent governments that accept the seriousness of the present situation and are capable of thinking in terms of both long and short-term realities"
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I'm surprised he didn't add "and only Obama can save us".
I know he has fallen off his ivory tower and landed on his head.
O'Reilly may be a "gasbag" but he makes more sense than you do.
There is no possible way or any theory you can postulate that reconciles current supply/demand with oil prices. Some folks are making a lot of money - some of them will lose a lot - too much to hope it will be the same ones - the rest of us are footing the bill.
God bless us all - worst country in the world - except for all the others !!!
Why the Discrepancy Between Oil and Gold?
I can just as easily get anything with my guns and oil to run my car as you can get with your gold and I can get that too.
It's not a consumable and the supply keeps increasing, it's hard to store (and protect), the industrial uses of it have declined compared to silver, rhodium, platinum, copper, etc.
Oil on the other hand -
Bank of America: Smarter Than We Think?
Will High Oil Prices Give Wave Power a Boost?
Is Steve Jobs Sick Again, or Just Thin?
Options Trader: Monday Outlook
Why the Oil Spike?
And as far as Israel having nukes - would you rather they or Iran have them ? If Israel didn't have them do you think Iran might take advantage of Israel?
Gee Lord Chamberlain - maybe we can send Obama or Carter to talk them out of it.
Were you born yesterday ?
Wouldn't it be nice if we could all just get along, beat our swords into plowshares, blah, blah ?
Join the real world (expletive deleted).
Why the Oil Spike?
2 Million bbl/day short - EVERY DAY ????
So after 1 month we are now 60 mill bbls short ?
Where am I f**ked with my logic ???
On the first day of the next month we will be 60 mill bbls short to start the day. So it appears there will have to be an increase of 2 mill bbls just to maintain a 2 mill bbls shortage the next day.
Is not this shortage cumulative ?
Bullshit - one of these some of these greedy bastards are going to have to take delivery or cover. And I ain't talking about the oil companies.
When I see lines & gas stations going out of business like the 70's & 80's then I'll become a believer. That problem was also an artificially created problem else we should have run out of oil 20 years ago.
It's the SPECULATORS stupid.
Ballmer Is Bad News for Microsoft
Lehman: The Lying Lemon Lemming Anecdotal Timeline?
Verb
[sicking, sicked]
1. to attack: used only in commands to a dog
2. to urge (a dog) to attack (someone) [dialect variant of seek]
Collins Essential English Dictionary 2nd Edition 2006 © HarperCollins Publishers 2004, 2006
Are you calling the gov't dogs ???
Really, Really Bad News About Oil
So you predicted the price of oil would be up 4 years ago ?
Wow.
I predict you will probably be just as _________ 4 years from now.
I'm sure you will be able to predict what the blanks represent.