Investor612

More on Russian Gas

Fred, who in their right mind would invest in Russia with the very real threat of seeing their investment nationalized?

More on Russian Gas

Hey Fred, regarding hanging Afghan poppy production on Reagan. They've been growing it for centuries. How about blaming those responsible for the bump in production, The Taliban.

flstearns-I agree Plain's experience isn't as much as a VP candidate should have. The trouble is, Obama has even less experience and he's running for the top job. At least Palin, who may never be the President if her tocket wins, should have the opportunity to get some on the job training.

jjason-Are you going to spam every thread with your Obama drivel?

Natural Gas Prices Set To Surge - Canaccord

Aug 14 08:17 PMI sleep just fine and I'm not eating cat food--yet. My 401K has taking a beating this year and Fidelity only gives me a few options. I read these blogs to try to be more informed. What I find is pretty big disconnect between the folks who can afford to sit around using money to make more money vs people who actually WORK for what they earn like most of the working stiffs in this country. Commodities like energy, grains etc.. have been at the mercy of outside monies lately and just when things look like they might start reflecting their true value based on supply and demand we get talk like nat'l gas in undervalued. Make your money while you can because when the middle class finally disappears this country is done. >robco

Lou Dobbs is posting here? Who knew? In spite of all the gloom and doom from the middle class is disappearing folks, the number of Americans in the lowest net worth categories keeps dropping.
One wonders who the poster thinks should determine "fair value" if not the marketplace? An Obama appointee? The same process of willing buyers and sellers to stick their necks out and commit to long term contracts determines the price of wheat,corn, soybeans, and coffee too. Yet, when they rise one seldom hears the cries to get rid of speculators. That's because to anyone remotely aware that the speculative trades require buyers and sellers, this notion they create some artifical value is absurd.
The poster should do himself a favor and look at the supply/demand of energy. he should also consider that not all reserves are created equal and that the reserves oif today are much more difficult and expensive to extract. than those in the past.
One more thing, most of the people the poster denigrates for being able to sit around and use money to make money instead of working probably worked very hard and industriously for living to get to that point. They also, like Robco, are probably having a lousy year this year-using money to lose money. but then, some people like to find scapegoats to blame their problems on.

The 'Peak Oil' Myth: New Oil Is Plentiful

A very superficial and frankly silly analysis. Yes, lots of new reserves have been found. Reserves have actually grown. The flaw in making a simplistic conclusion on that increase is the different nature of the reserves. The recent finds are deeper and/or require more complex and costly measures to exploit. This increases the time it takes to produce from the new found reserves and decreases the rate of production once they come online.