jbde

The Global Oil Scam: 50 Times Bigger than Madoff

Don't get me started on GS [so I will not]

The facts are:
There is plenty of oil production now
Iraq is about to come online in a big way with oilfield upgrades
There is record oil in storage
There is oil being 'parked' in barges

The results will be:
Price will correct when the commodity bubble bursts
After dropping into the 20's prices will recover to $50-60
All production costs [except oil sands] will be covered by this range
Oil producers will make a profit but cannot get price back up
[with margins cut, there will be quota cheating]

Why:
We are enterring a period of rampant defalation
Every commodity, finished good and trinket will be sold for cash

The Honeymoon Is Over: Gauging the Market with an Obama Presidency

C.S.- what about SunPower, they use c-Si and in huge volume - their kicker in bifacial [ability to use backlighting - reflected or diffuse]. They achieve this by photolythography [CY - as in etching circuits] to apply BOTH + and - pickups on the backside. Since the metal is very narrow, the exposed Si enables the additional PV conversion. This is all opposed to other wafer users who place one pickup on the face of the wafer and the other on the back. SPWRA is a long time player in PV and well fixed in CA with commercial and utility scale customers. The CA defeat was for an extension, thus doe not effect mandatesfor the near future [2012]. Isn't LDK a bif supplier to SPWRA?