TheRealBull

Total Rating:
0 / 0

22 Comments

    • Tue May 20th 12:32 PM | Rating: 0 0
      Commented on:
      Renewable Energy: Risk of Market Bubble
      Brian,

      Those reserves are minuscule when you consider how much oil we use in our economy today (85+ million barrels a day and growing). On top of that we have basically forbidden our oil companies from drilling their or even searching for new oil supplies.

      Well I hate to say it, but take a look and see how many off shore oil rigs are currently available to us to extract those resources?

      www.financialsense.com...

      Nearly all of them are being used by other countries who do see the energy crisis at hand and now are going to kindly profit off of it.

      Even if we start drilling or going after those small reserves we have scattered around the US, it will take at least 10 years to bring them online at full capacity. By then we may be paying $10 to $20 dollars a gallon.

      Which brings us back to the point....are we in a bubble? I don't see excessive supplies of anything in the energy arena...especially in the alternative energy arena. I only see ever higher prices due to massive demand (from other parts of the world) and lack of supply. We in the US are clueless. Most of these posts present that point. We in the US like to live under the mercy of global energy prices. It shows through this article and comments on how little we are doing to invest in our energy security. We are indeed going to pay for dearly for our apathy.
      View article »
    • Tue May 20th 11:58 AM | Rating: 0 0
      Commented on:
      Renewable Energy: Risk of Market Bubble
      Brian,

      If you really believe we have a creamy nugget center of renewable oil that refills our depleted oil fields, why has the US out put declined steadily over the past 35 years? Why have we become so dependent on foreign oil...which now looks to be mostly in decline too?

      Oh yeah its those greedy oil companies. Lets tax the hell out of them and stick it to the man!
      View article »
    • Tue May 20th 11:47 AM | Rating: 0 0
      Commented on:
      Renewable Energy: Risk of Market Bubble
      My God, oil is in a relentless climb due to huge global demand and a lack of supply. We have no alternatives remotely close enough in scale to drive down the price. We in the US are importing nearly 75% of our energy needs from foreign countries. We are at the mercy of global prices. And in case you haven't figured it out, right now demand is insatiable for energy with half the world's population industrializing and their energy use growing exponentially.

      And you think we are in a bubble?

      Keep selling and I'll keep buying. In ten years you will look back and ask what the hell were you smoking.
      View article »
    • Thu May 8th 17:18 PM | Rating: 0 0
      Commented on:
      Is Oil Bubbling Over?
      Peak Oil is here! Peak Oil is here!

      And that is about all you really need to know when trying to comprehend the price of oil and where it is going.
      View article »
    • Fri Apr 11th 10:57 AM | Rating: 0 0
      Commented on:
      Riots in Egypt and the Price of Wheat
      With Peak Oil at our door, you haven't seen anything when it comes to shortages and rioting.
      View article »
    • Wed Mar 26th 13:19 PM | Rating: 0 0
      Commented on:
      Why I Am Cutting Back on Commodities
      You are crazy to sell off commodities at this point. Fundamentally we are at the end of cheap food, energy, and materials. China, India, and the Middle East, half the world's population, is industrializing and putting huge demands on everything we now take for granted in the US. This in no longer an American market picture. If you treat it as that, you will surely miss out on cheap prices and what is to be the largest bull market in commodities in history.

      Will there be volatility? For sure. You need to see past quarterly returns and look at the larger long term picture. With oil heading well north of $100 a barrel and food prices soaring while shortages are beginning to emerge, you can bet we will see higher prices in the long run until we decide to "renegotiate"... our current standards of living to accommodate a world with less to give.
      View article »
    • Mon Mar 10th 13:42 PM | Rating: 0 0
      Commented on:
      Don't Get Caught in the Dot Commodity Bubble
      We are so far from this being a commodities bubble, it ain't even funny. When half the world's population is industrializing, you can bet the basic building blocks are going to go up in price. Who cares about short term fluctuation's in commodities price. Be happy you may have an opportunity to buy them on sale. The question is how much is copper going to cost in 5 to 10 years from now while China and India (nearly 3 billion people) upgrade their lifestyles to be more on par with the US? Do we have large stock piles of commodities lying around just waiting to bring the price down? Has US environmental laws allowed mining to actually keep large stock piles of materials? Does the price of oil indicate we are awash in black gold? Wake up! This is not a US market story anymore. Its about a very tight supply of materials from the rapidly growing demand from China, India, the Middle East, and even Russia. If you think we are in a bubble, you are definitely not looking beyond your borders.
      View article »
Loading...
Symbols:
Authors:
Quick Links:
Contribute an Article Become a Seeking Alpha Contributor

Transcripts

More Transcripts»