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blanco-dee » Comments » OIL

  • False Data Clobbers the Markets [View article]
    The author sure makes it sound simple, I am more incliined to believe short term factors will continue to make a huge difference in the price of oil and nat gas. I think Gustav has some potential for real destruction of US offshore facilities in the Gulf, and despite talk of using the Strategic Petroleum Reserve to shore up supply, there won't be any meaningful transportation alternaitves in the next 2 years.

    I don't particularly care for unsubtantiated claims and projections of energy alternatives from a confessed options trader, the US deficit is real, and the breakdown in the finacial markets is real - that's what will be felt after Labor Day, so don't short energy, short financials

    Options trader=market manipulator, great to hear the author has made lots of money for his investment fund,

    sure like Ozzy's post,

    BDO
    Aug 29 22:26 pm |Rating: 0 0 |Link to Comment
  • China Raising Fuel Prices Unlikely to Cool Red Hot Oil Market [View article]
    It is never a matter of rejecting obsolete technology, only of embracing new...

    Its is all a matter of style, and Americans will simply purchace an additional vehicle. I have 3 now, but considering daily driving, i'll just get another to reduce my daily carbon footprint, for commuter use.

    I will still have a vehicle to tow my sloop to the lake, and a serious 4-wheeler, and a styling porsche for a road groove - I'll just change my habits, and today I saw a freakn' Tata motors go-cart in Santa Fe NM and I'll steal one if I have to. The way commuter traffic goes, who needs an air bag? Just drive something moore substantial on the freeway. And save your Hummer for weekends.

    Plus, with the money to be made working the crack spread I've already made enough gazz $$ to sponsor a fun summer - at $4.89 a gallon for premium. At 18 MPG

    Chill out and expect that the market can work for you, just don't turn your back on it for a single minute. Work it like a cheap date and forget about marriage - buy and hold is just too dangerous, and the divorce could kill you!

    Communism and third world oppression were the best thing the US had going for it - but we'll adapt, we're investors!


    Survive - and flourish!

    DTBL

    BDO
    Jun 20 22:15 pm |Rating: 0 0 |Link to Comment
  • Oil Is Up Due to Fundamentals, Not Speculation [View article]
    Harus's posted links are recent and critical to understanding the current situation we are in with futures markets which are completely un-regulated by the CFTC.

    In particular the Masters testimony to the Commitee on Homeland security and Government Affairs Senate comitee is beyond compelling - its the plain truth.

    So what happens even if the CFTC starts regulating these markets? will an international effort follow to regulate international markets, or is it just the final resort of getting the UN involved, something I don't generally like, or even like thinking about.

    So much for free markets, the rich and powerful are still manipulating markets based on unsustainable greed - at everone's else's expense, and ultimately their own.
    May 21 22:39 pm |Rating: 0 0 |Link to Comment
  • The Importance of Stock Picking, Illustrated in Oil [View article]
    To take it one step further, despite the fact that refiners are doing so poorly, in times of extensive over-speculation on oil exploration and production companies, and oil sector ETFs, the refiners make sense as a hedge.

    buy low, sell high - selling oil stocks higher was last weeks play,

    good luck to the posters, with GW talking to the Saudis this week I expect some excitement over E&P companies this week and next - hold on to your hats!
    May 12 15:11 pm |Rating: 0 0 |Link to Comment
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