Robespierre

Oil's Outlook Remains Good

Good post. I agree completely. Will you expect the yuan to increase in value to offset the cost of china's oil imports?

Oil Bubble: How Speculation May Contribute to Recent Moves in Oil Prices

The fact that so many people think this is a bubble makes me think that is not. Also my guess on the Iranian tankers out there with oil is that it is their "insurance" against US attacks. Also I don't think OPEC can increase supply in any sustainable way. Also I think oils has not really gone up that much in real terms. It has gone up on fake terms due to the worthless US $$. The fact that Arab countries refuse to increase production tells me: 1) They can't. 2) They want more of those green pieces of paper we send them in exchange because they are (and will) be worth less to them. In other words that are protecting themselves from future US $$ debasement which is todays' US policy. Things will change when we change governments

Record High Crude: Free Markets Meet the Cartel

Vikram:
"We are losing the economic war every time we ship our dollars abroad in exchange for $125 oil."

Who are you kidding? I actually feel sorry for those OPEC suckers that are willing to let go their real asset (oil) for a bunch of little pieces of green papers that the FED seems to be willing to supply in humongous quantities. The joke is on them until they smart up and ask something of real value for their oil

Record High Crude: Free Markets Meet the Cartel

"On side we have the free markets of the US; on the other side we have the world's most powerful cartel."

You could not be more hypocrite:
Free markets?
Bear Sterns?
Free bail out to banks?
Agriculture subsides?

Please !!!!!!!!!