Nationalizing Oil: Well-Intentioned, But Wrong [View article]
TreeSkier your question equates taxation and social safety nets with stealing so we have nothing to talk about because I think that is a ridiculous comment. Actually I am not a Socialist, I would consider myself a Capitalist Anarchist.
Nationalizing Oil: Well-Intentioned, But Wrong [View article]
Scott M, I am not sure who the "moron" is, yes the Government received a lot of tax revenue from oil but they could just as well receive the taxes as well as the profits.
Nationalizing Oil: Well-Intentioned, But Wrong [View article]
Well GatorTrader there may be no "fee" lunch but there are a multitude of over paid oil execs. As I recall the USPS lost all their subsidies about 15 years ago but lets look at the subsidies that the agro-business enjoys and the ability of Halliburton and others to move their Corporate offices off shore and pay no taxes-yeah, nationalizing oil look like a good idea-you think the xons and Bps of this world are not making record profits, why couldnt the Government do the same? The experienced and skilled people of the oil industry are not going to quit and start selling pencils on the street just because their checks are coming from the Government instead of some oil company.
Oil Will Peak at $150-200 - Barron's Interview [View article]
JET1C, when and if gas hits $10/gallon the US public will turn a blind eye to the problems with transport and storage of spent nuclear fuel. I consider myself a bit of a "treehugger" and our concerns for the environment are valid. I am also a trader so the realities are: can't afford gas?=cut a deal with the devil to bring energy prices down.
In Light of Peak Oil, Financial Diversification Is a Bad Idea [View article]
Fitzman, I thought I asked this question on this post before but maybe on another one of your post BUT, why not just buy USO which has done better that any of oil related companies on your "buy" list? For precious metals it seem as GLD and the Silver ETF would avoid political upheavals and mine disasters that occur with Gold and Silver stocks so why not a straight precious metals play instead of mutual funds with a lot of vulnerable mining stocks?
In Light of Peak Oil, Financial Diversification Is a Bad Idea [View article]
Fitz, I don't see USO or OIL amongst your recommendations ? I just ran a 1 year comparison with all of your recommendations against USO and only STO and APC were even close and they only gained 50% as much as USO. Not trying to be obstinate here just looking for something I am not seeing.
The T. Boone Pickens Approach [View article]
Barron's Banks on $100 Oil [View article]
Nationalizing Oil: Well-Intentioned, But Wrong [View article]
Nationalizing Oil: Well-Intentioned, But Wrong [View article]
Nationalizing Oil: Well-Intentioned, But Wrong [View article]
Oil Will Peak at $150-200 - Barron's Interview [View article]
In Light of Peak Oil, Financial Diversification Is a Bad Idea [View article]
In Light of Peak Oil, Financial Diversification Is a Bad Idea [View article]
In Light of Peak Oil, Financial Diversification Is a Bad Idea [View article]