bill d

Will Oil Stocks Stay This Cheap?

Greed is a wonderful thing.
Fortunately for us the Arabs & Venezula have a lot of that too.

Crude Report Stumps Analysts

If you are a supplier - you control how much you supply.
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.

Oil Manipulations Exposed

If speculation is not the cause and demand continues to exceed supply then the price of oil will NOT come down - will it ?
I'm betting it will and I'm not alone.
Like we 've never been manipulated before ?
Wake up.

Oil Companies Paid More Than Bottom 75% of Taxpayers

AND we don't have that nice depletion allowance either.

Oil Companies Paid More Than Bottom 75% of Taxpayers

I heard something I just find so hard to believe.
That when things are taxed the price increase is actually passed on to the next buyer.
Can this possibly be true ?
So taxing fuel and the oil companies, etc., will make me pay MORE ???
And this benefits me HOW ???
TFPIC

Options Trader: Thursday Thumping (for Exxon)

Sure oil will "correct":

A. does that mean it will go UP ?

B. if it goes down then my formula says: amt down X 2 = amt back up

I would guess XOM spends way more still fighting Valdez then it does on exploration, etc.
Why not - they got us by the balls.