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JREwing
146 Comments
Oil Surge, Weak Data Pare Dollar Gains
Oil Bulls' Biggest Nightmare: A Stronger Dollar
Oil Bulls' Biggest Nightmare: A Stronger Dollar
Oil Bulls' Biggest Nightmare: A Stronger Dollar
China Clean Energy Halts Biodiesel Production
Oil Bulls' Biggest Nightmare: A Stronger Dollar
But the price of oil will not only push down the dollar, but the Euro as well. The Euro/Dollar trade is the biggest bubble ever. I am here in Europe, and I fail to see what is so appealing about the Eurozone.
We have a lot of public and private deficits, just like the United States.
We import a lot of Energy, just like the United States. The Russians have Europe by the balls, energy-wise, I mean. And the Europeans don't have the military leverage, unlike the United States, to back up their Energy demand. And on top of that Europe is a demographic disaster.
While i am sure that with every Dollar rally, folks will take a couple of bucks off the price of oil, this doesn't change the supply and demand picture of oil.
That is why I don't invest in oil itself, but in the service companies.
My Picks: RIG, NE, SLB, HAL
Emerging Markets' Oil Appetite to Exceed U.S. This Year
China's Economic Trouble May Just Be Beginning
haha! Chinesepetti, you are so ridiculous!
China's Economic Trouble May Just Be Beginning
China's Economic Trouble May Just Be Beginning
T. Boone Pickens Says Oil is Going Higher