Is Stockpiling Driving Up the Price of Oil? [View article]
10% ethanol gas is the real driver of high oil price. I own two vehicles. The week 10% ethanol gas was instituted my mpg dropped 10% in both vehicles. (I keep track of my mpg for 20 years)
It takes a gallon gas to produce a gallon corn ethanol. Ethanol has only 70% of the energy of gasoline. When you mix it in your gasoline. You get zero.
Crude Oil Prices: Bears Will Soon Win Out [View article]
Congressional hearing ? They did that in 06 and 07 and twice in 08 so far. They did nothing. Our Congressman are multi millionares , bet they invested their money with Goldman Sach oil hedge.
Yes I think oil could fall to $60. But you are betting against some very powerful forces.
Don't forget the White House, two oil men from Texas who brought us Enron. Check the links ,see how Goldman Sach controls Washington.
Is Stockpiling Driving Up the Price of Oil? [View article]
It takes a gallon gas to produce a gallon corn ethanol. Ethanol has only 70% of the energy of gasoline. When you mix it in your gasoline. You get zero.
Crude Oil Prices: Bears Will Soon Win Out [View article]
Yes I think oil could fall to $60. But you are betting against some very powerful forces.
Don't forget the White House, two oil men from Texas who brought us Enron. Check the links ,see how Goldman Sach controls Washington.
www.davidosler.com/200...
wakeupfromyourslumber....
www.commondreams.org/a.../
T. Boone Pickens Remains a Fervent Oil Bull [View article]
Just like Goldman Sach the day before, a bugle call.