Seeking Alpha

G. L. Turner

G. L. Turner
Send Message
View as an RSS Feed
View G. L. Turner's Comments BY TICKER:
Latest  |  Highest rated
  • China's Shale Gas Could Be the Biggest Boom Yet for U.S. Companies [View article]
    China will opt to gain the technology--based on the numbers in this, pretty strong. I had the same phrase pop in my head as did FB below: "By Hook or Crook" ---!

    I guess that these guys probably already have gotten their hands on most of the major pieces of tech or knowledge to be able to start to crank up the hydro-fracturing process.
    Jun 1 12:45 AM | Likes Like |Link to Comment
  • Influencing the Outlook for Oil Prices [View article]
    Wow! Interesting conjecture....
    May 11 12:25 AM | Likes Like |Link to Comment
  • A Tale of Two Lies: Oil and Silver [View article]
    Wow - good article, but an even better rebuttal by Moon below...and yes, the usual suspects are "controlling the "World Price of Oil." They profit while the rest of Us 'feel the pain' and many slip into poverty/hunger worldwide...but the greedy WS Banksters have no soul...
    May 11 12:06 AM | 3 Likes Like |Link to Comment
  • On Commodities and Setting Margins [View article]
    Whee...a very frothy analysis. However, I can only remember Craig's testimony in 2008 before Congress were he repeated said the price of oil was a function of real supply/demand fundamentals...Yep, at the time we were in the $148 range...real fundamentals...GS wanted higher oil and "fundamentally" suckered the hedge and pension funds to "bite" so they could make a lot of money...kind of like last week. Now, just what did you really say/mean in this analysis?
    May 10 11:53 PM | 1 Like Like |Link to Comment
  • The Oil Market Is a Mirage [View article]
    Yep! Well Said~~
    May 9 11:06 PM | 1 Like Like |Link to Comment
  • Why Oil Prices Could Soon Be at $64 [View article]
    Good points above and below, Andrew. Agree and have thought as such, too...
    May 9 10:26 PM | Likes Like |Link to Comment
  • Saudi Arabia Posts Major Oil Production Decline: Back on the Roller Coaster [View article]
    Maybe the apex of the tipping place (point.)
    Apr 25 10:15 PM | Likes Like |Link to Comment
  • The Oil Situation Could Be Worse Than We Thought [View article]
    Bottom line - GS and buds have run up the price of Oil/RBOB to levels that have now triggered the next (current) contraction in spending beyond basics. The Saudis may need more money, but that means selling more oil at $90 oil, less at $110 to reach their requirements - They are only reacting to the insanity in our markets. Granted the long view is for rising oil,,,that is much different than the "Quick-buck Speculative Shenigans that plague our current trading markets....ALL to the detriment of World's populations and economies...a few get very rich at the suffering expense of the many...and when the rich have over-played their hand, we see another round of TARPS...and our stupid and greedy politicians will hand it out.
    Apr 23 02:40 PM | 5 Likes Like |Link to Comment
  • More Volatility in Oil Prices Likely for the Foreseeable Future [View article]
    Really think so?
    Apr 22 01:04 AM | Likes Like |Link to Comment
  • 3 Reasons Why Crude Oil Prices Will Stay High [View article]
    Took a look back into this blog---scanning articles for the last 5 days. One thing that caught my attention, although previously noted (2008) and not surprisingly, is that the name Goldman Sachs was mentioned often, and it was used in context with calls for rising oil prices and then lowering of oil prices. Just the exclusiveness of htis name and fact that it was the only one really quoted ought to finally wake up some of the "long oil fundamentalists" who refuse to except the fact that something other than "constrained supply" might actually cause the crazy, non-justified price run-up since Sept. from $76 to $113 today.
    GS really does control the world market now (along with a couple of Morgans) and therefore have learned the fine art of leading price movements in the futures markets. Heck, they even have one of "their boys" at the helm of the CFTC doing nothing but letting them run a muck following the Republican's ascent to the House.
    To the point: Supplies are very full worldwide....and we are at the top of this cycle's "price run-up." So, they ((GS) switched gears, having just pushed us just past the edge. And now, GS stands to make a lot of money riding the downward cycle price...ever wonder who was the "big (and first) short" in June of 2008 ahead of the next group of Banks to get out in July 2008 as they watched the rest of the Hedge and pension funds "not get word" until the August Contract and really lose some bucks...??
    Hopefully the AG will simply pull back one or two levels and will the do the right thing for America by crushing this Global Economic Crushing Casino Game.

    People, we are really being manipulated here---
    Apr 22 01:01 AM | 4 Likes Like |Link to Comment
  • How Much Upside Room Do Oil Prices Have? [View article]
    Wake up---the "slowdown" began in January...recent "sales figures" only reflect the buoyancy of 'rising energy and food' set will begin to show the effects of demand destruction across many fronts that average Americans must/can spend money in...
    Apr 22 12:45 AM | Likes Like |Link to Comment
  • Big Banks Offer Divergent Views on Oil Price [View article]
    Just what you'd expect from a "hedge fund" his fund is "long" oil....
    Apr 22 12:40 AM | Likes Like |Link to Comment
  • Detroit's despair: Population has plunged 25% in a decade to hit a 100-year low; vacant housing units now comprise 20% of the city's housing stock. The no. 1 reason, IBD says: the United Auto Workers union. As long as total full-time pay and benefits for a Big Three factory worker stay near $140,000/year, Detroit will continue its descent.  [View news story]
    Course, I don't hear the point being made as to the math if all the Execs whose salary alone was over $140K, yet alone all their benefits and Golden Parachutes, was equally averaged out and thrown inot the "workers and managers," then I bet the overall cost could be lower by $25K. Add in the cost to company of all the luxury trappings in the exec suites and travel, adds up to a decent percentage.
    Mar 24 11:44 PM | 2 Likes Like |Link to Comment
  • Why Oil Is Not Going to $200 [View article]
    Ain't that the truth, css1971--!
    Mar 7 11:04 PM | 2 Likes Like |Link to Comment
  • Why Oil Will Drop [View article]
    Many US long oil folks are under the spell of maya as spun constantly by GS, JPM and MS, who are market players on the market players they lure in. Guys, video barrels outnumber real barrels by 5 to 1 at present. That isn't real oil speculation...that's bigtime players playing with themselves and their buds...wake up.
    Feb 9 09:33 PM | Likes Like |Link to Comment