Phillipp10

Follow the Piling into Natural Gas

This kid looks like he is still in high school and I'm supposed to take his advice? And the comment, buy UNG if it goes over $16. It's at about 15.40 now but I should wait till it hits $16?

I agree with this comment: Yet another "I don't really know anything about the commodity and its fundamentals, but hey, everyone else is doing it so why shouldn't we?" seekingalpha article.

60 Minutes on Oil: Did Anyone Verify Anything?

you are somewhat right in that 3% less usage should not drop the price by 1/3rd however, it is not a linear realationship either. A 3% shortfall of anything that is a necessity will raise the price much more than 3%.


On Jan 12 10:40 AM auto44 wrote:

> Peoples driving is really a small part of the total use of crude
> i would think. Falling demand by industries and shipping worldwide
> would be my guesss to have a much higher impact. Credit /mortgage
> mess caused most everything to drop like a rock.

The Return of the $70 per Hour Meme

But have to include the costs of the retirees. Every other industry does. Since my company has no pension and no healthcare coverage in retirement, our costs are much lower, around 52 and hour. The Big 3 made a big mistake many years ago offering pensions, healthcare in retirement along with 30 rears service and out. This means a person starting work at GM at age 20 could retire at age 50 and draw pension and healthcare till age 80 plus. Come on, this $73 IS a REAL number and the employees working for GM do benefit from these generous benefits. What excerabed the situation was the decline nembers of present day employees that must support the large group of retirees. I say let them go BK and re-negociate all contracts including retirees.

Global Financial Crisis Makes Oil a Great Hedge

Scammy: I agree with you. Oil is down for the forseeable future. But like you said, maybe in 3-4 years. To me, that's short term. I plan to watch oil carefully over the next 5 years. At some point, I'll buy in. In twenty years, I expect to at 5x my money. Not a get rich quick scheme but good a return anyway.

Global Financial Crisis Makes Oil a Great Hedge

Schwarz is just another short term thinker. Peak oil is real and the demand will return just as soon as the economy rebounds. China's 1.2 billion and India's 1 billion people want to live just like we do in the US. No way oil will stay below 100 a barrel.

No Matter Who's Elected, Alternative Energy Wins

Paultaut: If we had spent the money wasted on Iraq on alternative energy instead, we'd be better off today. Your views are in the minority today.

The Oil Shortage, and Other Fairy Tales

USER 68127: I am not advocating you buy oil that may fall 40%. My point is that the high prices of today are at least somewhat real and that we have a real shortage (if affordability is a concern). Many on this board act as if oil is just pouring out of the ground but somehow, it is manipulated to be more expensive than it should be. By the way, if you had bought oil back in 1998, you would have made a fortune. Long term is the only way to invest....

The Oil Shortage, and Other Fairy Tales

Yes the price of oil will probably drop to $75 a barrel in the next 4 years. But after that it will make a slow steady climb. How high? Who knows. Depends upon solar, wind, more efficient cars and homes. It's really a crapshoot to predict.

The Oil Shortage, and Other Fairy Tales

User 197833: Apparently you're the only one with a brain here. Yes, we are seeing price increases due to speculation. However, that is only short term. Long term, the price is high due to a billion potential new drivers in India and China. All the while, the fields are declining and the really big finds are just not there. Wake up America 'cause the next 10-20 years are going to be very painful.

Beware of the Solar Stock Fad

Dlark: Be careful in your zeal for solar energy. A good portion of the cost of a solar cell goes to energy costs during manufacture. Secondly, there are a lot of toxic chemicals to dispose of also. You cannot just assume a solar cell is better than burning oil.

Beware of the Solar Stock Fad

Your spot on on this column. Like every mania, yes, there is lots of money to be made on certain stocks and at certain timeframes. However, eventually more players jump in the game, increasing supply and lowering the prices producers can charge, eroding margins and profits. When will this happen? Who knows. The key to investing in these companies is to hit the sweet spot and don't get too greedy. Get out before the field gets over-crowded.