Ron2008's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/158217/comments http://seekingalpha.com/article/188608/comments?source=feed#comment-898660 898660
It ignores the new drilling rigs being added every week. And the fact that winter is almost over.

We will then move into the time when there is little heating demand. This combined with the hugely reduced industrial demand will mean quickly rising inventories in Apr and May.]]> Mon, 15 Feb 2010 19:20:38 -0500
It ignores the new drilling rigs being added every week. And the fact that winter is almost over.

We will then move into the time when there is little heating demand. This combined with the hugely reduced industrial demand will mean quickly rising inventories in Apr and May.]]> http://seekingalpha.com/article/188402/comments?source=feed#comment-895732 895732 Sat, 13 Feb 2010 09:06:40 -0500 http://seekingalpha.com/article/185307/comments?source=feed#comment-895729 895729 Sat, 13 Feb 2010 09:03:12 -0500 http://seekingalpha.com/article/186602/comments?source=feed#comment-883275 883275
Did anyone else see the little trick GS used to make the chart dip in Jan? The chart is "relative to the 5 year average" instead of just showing the total.

Jan 09 was much higher than the previous 5 year average, so when you get to Jan 10 you are then including Jan 09's higher number in the 5 year average. If storage was the same in Jan 10 as Dec 09 the line would drop because the 5 year average is a higher number.

Besides, here's someone that says floating storage increased.
scarcewhales.blogspot....]]> Fri, 05 Feb 2010 00:05:36 -0500
Did anyone else see the little trick GS used to make the chart dip in Jan? The chart is "relative to the 5 year average" instead of just showing the total.

Jan 09 was much higher than the previous 5 year average, so when you get to Jan 10 you are then including Jan 09's higher number in the 5 year average. If storage was the same in Jan 10 as Dec 09 the line would drop because the 5 year average is a higher number.

Besides, here's someone that says floating storage increased.
scarcewhales.blogspot....]]> http://seekingalpha.com/article/181682/comments?source=feed#comment-842764 842764
Also there are a lot of NG wells that weren't completed when storage was full and NG prices were low. They will be ramping up production significantly.

NG has peaked for now.]]> Sat, 09 Jan 2010 21:09:29 -0500
Also there are a lot of NG wells that weren't completed when storage was full and NG prices were low. They will be ramping up production significantly.

NG has peaked for now.]]> http://seekingalpha.com/article/180677/comments?source=feed#comment-832635 832635
If Iran blocked oil exports to the rest of the world, they would also be cutting off their main source of income. They wouldn't last very long without oil income.

Any attack by Iran outside their borders would just be opening the door for all other countries to attack Iran. They know they wouldn't win that war.

Also, unlike President GW Bush, but like his dad, President George HW Bush, President Obama would release oil from the SPR to calm prices.

Prices won't be anywhere near $300 anytime soon.]]> Mon, 04 Jan 2010 16:11:40 -0500
If Iran blocked oil exports to the rest of the world, they would also be cutting off their main source of income. They wouldn't last very long without oil income.

Any attack by Iran outside their borders would just be opening the door for all other countries to attack Iran. They know they wouldn't win that war.

Also, unlike President GW Bush, but like his dad, President George HW Bush, President Obama would release oil from the SPR to calm prices.

Prices won't be anywhere near $300 anytime soon.]]> http://seekingalpha.com/article/180765/comments?source=feed#comment-832576 832576
That 207 NG withdrawal was reported almost 3 weeks ago. The last one was 124.]]> Mon, 04 Jan 2010 15:37:39 -0500
That 207 NG withdrawal was reported almost 3 weeks ago. The last one was 124.]]> http://seekingalpha.com/article/180564/comments?source=feed#comment-829495 829495
Stupid of a hedge fund to have that many positions in such a thinly traded market.]]> Sat, 02 Jan 2010 09:04:52 -0500
Stupid of a hedge fund to have that many positions in such a thinly traded market.]]> http://seekingalpha.com/article/180391/comments?source=feed#comment-828419 828419
Demand still stinks.

Total oil product supplied is 5.7% below last year. 10.7% below 2007.

Total oil product supplied this summer was the lowest since 1997!]]> Thu, 31 Dec 2009 15:48:35 -0500
Demand still stinks.

Total oil product supplied is 5.7% below last year. 10.7% below 2007.

Total oil product supplied this summer was the lowest since 1997!]]> http://seekingalpha.com/article/180304/comments?source=feed#comment-826827 826827 "Perhaps there is not much we can do to stop the criminal cartel known as OPEC from withholding the supply of oil (they have cut production by 5M barrels a day globally in the past 18 months) or the US Energy cartel that has taken 32.4% of the US rigs off-line in the past 12 months - EVEN though oil prices are UP 100% over the same time period."
is wrong. OPEC hasn't created any shortage of oil that would cause the price to rise as much as it did.

But when you got to the floating storage and JPM, MS and probably GSs of the world removing oil from the market and putting it on the boats, then you are getting to who is runnning up the price needlessly.]]> Wed, 30 Dec 2009 15:05:35 -0500 "Perhaps there is not much we can do to stop the criminal cartel known as OPEC from withholding the supply of oil (they have cut production by 5M barrels a day globally in the past 18 months) or the US Energy cartel that has taken 32.4% of the US rigs off-line in the past 12 months - EVEN though oil prices are UP 100% over the same time period."
is wrong. OPEC hasn't created any shortage of oil that would cause the price to rise as much as it did.

But when you got to the floating storage and JPM, MS and probably GSs of the world removing oil from the market and putting it on the boats, then you are getting to who is runnning up the price needlessly.]]> http://seekingalpha.com/article/179637/comments?source=feed#comment-820641 820641
Also, all of the wells that were drilled but not hooked up because storage was so full, are being brought online right now. Production will be jumping much higher very quickly.
www.cnbc.com/id/34574320]]> Thu, 24 Dec 2009 13:48:47 -0500
Also, all of the wells that were drilled but not hooked up because storage was so full, are being brought online right now. Production will be jumping much higher very quickly.
www.cnbc.com/id/34574320]]> http://seekingalpha.com/article/179637/comments?source=feed#comment-820634 820634 UNG Rolldates.
www.unitedstatesnatura...


On Dec 24 08:52 AM BAWE wrote:

> How does one know when UNG will roll to the next month?]]> Thu, 24 Dec 2009 13:43:59 -0500 UNG Rolldates.
www.unitedstatesnatura...


On Dec 24 08:52 AM BAWE wrote:

> How does one know when UNG will roll to the next month?]]> http://seekingalpha.com/article/179644/comments?source=feed#comment-820629 820629 Thu, 24 Dec 2009 13:39:27 -0500 http://seekingalpha.com/article/179597/comments?source=feed#comment-818986 818986
They revised much lower the previous 3 months data. Oct went from 430,000 to 400,000. So it wasn't that people just didn't decide to buy in Nov.

The unadjusted data showed 25,000 new homes sold in Nov. That is 2,000 less than Nov 08.]]> Wed, 23 Dec 2009 12:10:32 -0500
They revised much lower the previous 3 months data. Oct went from 430,000 to 400,000. So it wasn't that people just didn't decide to buy in Nov.

The unadjusted data showed 25,000 new homes sold in Nov. That is 2,000 less than Nov 08.]]> http://seekingalpha.com/article/179608/comments?source=feed#comment-818972 818972
New home sales data that just came out was horrible. They revised the 3 previous months data much lower. Oct went from 430 to 400.]]> Wed, 23 Dec 2009 11:59:43 -0500
New home sales data that just came out was horrible. They revised the 3 previous months data much lower. Oct went from 430 to 400.]]> http://seekingalpha.com/article/178855/comments?source=feed#comment-815960 815960
Oil inventory has dropped almost every December. Plus fog in the Gulf has hampered deliveries.

The recent drawdowns are useless in determining if the supply/demand imbalance is ending.]]> Mon, 21 Dec 2009 13:02:11 -0500
Oil inventory has dropped almost every December. Plus fog in the Gulf has hampered deliveries.

The recent drawdowns are useless in determining if the supply/demand imbalance is ending.]]> http://seekingalpha.com/article/179184/comments?source=feed#comment-815895 815895
Farm loans are done in the spring to get money to buy seed, fertilizer, fuel etc to put in the crops. Hardly any loans are made in the fall to harvest crops.

Farmers sell their crops to local elevators. They don't do any shipping across the nation.

"excessive demand for financing to feed a nation"

??? Got any data to back up that claim?]]> Mon, 21 Dec 2009 12:10:44 -0500
Farm loans are done in the spring to get money to buy seed, fertilizer, fuel etc to put in the crops. Hardly any loans are made in the fall to harvest crops.

Farmers sell their crops to local elevators. They don't do any shipping across the nation.

"excessive demand for financing to feed a nation"

??? Got any data to back up that claim?]]> http://seekingalpha.com/article/178475/comments?source=feed#comment-812698 812698
That's funny. A "lttle colder" will get rid of the highest inventory in history? I doubt it.

Someone said if we have the coldest winter that happened this decade, we we still have 15% more than the 5 year average in inventory at the end of this winter.]]> Fri, 18 Dec 2009 15:50:42 -0500
That's funny. A "lttle colder" will get rid of the highest inventory in history? I doubt it.

Someone said if we have the coldest winter that happened this decade, we we still have 15% more than the 5 year average in inventory at the end of this winter.]]> http://seekingalpha.com/article/178623/comments?source=feed#comment-812554 812554 Fri, 18 Dec 2009 13:55:44 -0500 http://seekingalpha.com/article/177983/comments?source=feed#comment-805293 805293 Mon, 14 Dec 2009 13:21:56 -0500 http://seekingalpha.com/article/178054/comments?source=feed#comment-805283 805283
Come on SA, you can be better than that.]]> Mon, 14 Dec 2009 13:15:09 -0500
Come on SA, you can be better than that.]]> http://seekingalpha.com/article/177262/comments?source=feed#comment-801999 801999 Fri, 11 Dec 2009 14:35:53 -0500 http://seekingalpha.com/article/177396/comments?source=feed#comment-801982 801982

On Dec 10 09:31 PM Kitegeezer wrote:

> I can tell you that Rogers recommendation to buy a farm is bunk.
> You would be far better off buying agricultural futures and living
> in a nice residence in a cosmopolitan city. The history of civilization
> is built on exploiting farmers, today is no different. How much bargaining
> power does a farmer have? - you tell me, he has to borrow money for
> inputs and his suppliers and customers are essentially the same people.
> Where I live in Brazil, they are exactly the same people.]]> Fri, 11 Dec 2009 14:25:53 -0500

On Dec 10 09:31 PM Kitegeezer wrote:

> I can tell you that Rogers recommendation to buy a farm is bunk.
> You would be far better off buying agricultural futures and living
> in a nice residence in a cosmopolitan city. The history of civilization
> is built on exploiting farmers, today is no different. How much bargaining
> power does a farmer have? - you tell me, he has to borrow money for
> inputs and his suppliers and customers are essentially the same people.
> Where I live in Brazil, they are exactly the same people.]]> http://seekingalpha.com/article/177430/comments?source=feed#comment-801967 801967

On Dec 10 08:52 AM Melsen wrote:


> Regarding NG trading at higher prices in winter, it is only natural
> considering seasonal demand and drawdowns in inventories. ]]> Fri, 11 Dec 2009 14:15:54 -0500

On Dec 10 08:52 AM Melsen wrote:


> Regarding NG trading at higher prices in winter, it is only natural
> considering seasonal demand and drawdowns in inventories. ]]> http://seekingalpha.com/article/177508/comments?source=feed#comment-801930 801930
Demand for oil products for transportation in the winter decreases not increases. This easily offsets the increased heating oil demand.]]> Fri, 11 Dec 2009 13:48:36 -0500
Demand for oil products for transportation in the winter decreases not increases. This easily offsets the increased heating oil demand.]]> http://seekingalpha.com/article/177641/comments?source=feed#comment-801911 801911
Only funds think oil should be above $70 right now.

On Dec 10 05:30 PM rick12345 wrote:

> Oil has been dumped for no particular reason that I can see. While
> it should be at $80 - $85 and heading toward a $100 average, strangely
> it hasn't.]]> Fri, 11 Dec 2009 13:37:34 -0500
Only funds think oil should be above $70 right now.

On Dec 10 05:30 PM rick12345 wrote:

> Oil has been dumped for no particular reason that I can see. While
> it should be at $80 - $85 and heading toward a $100 average, strangely
> it hasn't.]]> http://seekingalpha.com/article/176585/comments?source=feed#comment-790299 790299
Activities performed include: office administration, hiring and placing of personnel, document preparation and similar clerical services, solicitation, collection, security and surveillance services, cleaning, and waste disposal services.

In other words. Secretaries and cleaning ladies got hired.
www.bls.gov/iag/tgs/ia...]]> Fri, 04 Dec 2009 10:40:06 -0500
Activities performed include: office administration, hiring and placing of personnel, document preparation and similar clerical services, solicitation, collection, security and surveillance services, cleaning, and waste disposal services.

In other words. Secretaries and cleaning ladies got hired.
www.bls.gov/iag/tgs/ia...]]> http://seekingalpha.com/article/176583/comments?source=feed#comment-790239 790239
After digging through the data there was a big jump in one sector. It gained 87,000 jobs. Here is a description of that sector.

Activities performed include: office administration, hiring and placing of personnel, document preparation and similar clerical services, solicitation, collection, security and surveillance services, cleaning, and waste disposal services.

In other words. Secretaries and cleaning ladies got hired.]]> Fri, 04 Dec 2009 10:15:20 -0500
After digging through the data there was a big jump in one sector. It gained 87,000 jobs. Here is a description of that sector.

Activities performed include: office administration, hiring and placing of personnel, document preparation and similar clerical services, solicitation, collection, security and surveillance services, cleaning, and waste disposal services.

In other words. Secretaries and cleaning ladies got hired.]]> http://seekingalpha.com/article/176583/comments?source=feed#comment-790231 790231
Where did they go?

On Dec 04 09:25 AM Nathaniel C wrote:

> I would really like to see the Birth/Death adjustment the BLS uses
> which magically creates jobs.]]> Fri, 04 Dec 2009 10:14:11 -0500
Where did they go?

On Dec 04 09:25 AM Nathaniel C wrote:

> I would really like to see the Birth/Death adjustment the BLS uses
> which magically creates jobs.]]> http://seekingalpha.com/news/market_currents/post/37675?source=feed#comment-790218 790218
But the biggest gain in jobs? 87,000? This sector as described by the gov.

Activities performed include: office administration, hiring and placing of personnel, document preparation and similar clerical services, solicitation, collection, security and surveillance services, cleaning, and waste disposal services.

Secretaries and cleaning ladies.]]> Fri, 04 Dec 2009 10:09:14 -0500
But the biggest gain in jobs? 87,000? This sector as described by the gov.

Activities performed include: office administration, hiring and placing of personnel, document preparation and similar clerical services, solicitation, collection, security and surveillance services, cleaning, and waste disposal services.

Secretaries and cleaning ladies.]]>