anaconda

10 Notes on the Crude Oil Fixation

Sorry guys, you're all wrong -- okay, not all wrong, but here goes.
Long oil, your argument proves my point -- oil rose more in Dollars than Euros because the Dollar fell in relation to the Euro.
Longoil the guys you mention are a bunch of hacks, shilling for "Peak" oil. I've read their stuff -- a lot of it is outright garbage. And since you're invested in oil - long, I must presume you're a shill too, for your own interest.

Continental shelf and margin oil deposits -- they're huge and virtually untapped, in other words, "scoreboard baby!"

Sorry Flow5, while manufactured goods is a large part of the trade deficit, with the cost of oil this high, that part of the trade deficit is 400 billion, roughly half the total. And Paul Craig Roberts agrees with me -- I read his latest column.

You are right about cost and quality -- as far as it goes, but America needs a "better deal." It makes no sense to have American goods taxed twice: Once in this country and once on the dock in China, while Chinese goods are rebated their VAT for products exported to America and not taxed, here.

In other words, Chinese products imported to America aren't taxed at all. That's not just a bad deal, that's a "Raw Deal."

America can get a better deal, so China will respect us in the morning -- right now they don't -- we're cheap and easy like a Five Dollar whore.

iThinkBig, no the smucks in Washington are getting the message -- the citizens are marching with pitch forks and torches to the Capital.

That sends a "Big Message." By the time the elections roles around even Democrats will be singing a different tune on offshore drilling.

Their political skins are on the line -- that gets their attention.

So, there you have it, all the world's wisdom in a nutshell. Ha Ha.

10 Notes on the Crude Oil Fixation

To Chistletoe: Hoarding is a form of speculation. This writer believes "Peak" oil belief has penetrated the market or at least the consciousness of traders, that along with the falling Dollar -- a falling Dollar is the real reason for high oil prices, helped by the patently false idea of peak oil.

1. Showing a demonstrated capacity to increase oil production would do a lot to flatten the market.

2. showing a capacity to swing into balance both U.S. trade and budget deficits would help flatten the market.

3. Two above, and Fed tools, showing capacity to maintain the value of the Dollar on international currency markets.

4. Showing the United States, in particular, has the 'political will' to explore and produce oil from the most promising locations, wherever those locations are.

Publicize the ultra-deepwater, deep-drilling oil plays like Carioca off the coast of Brazil. These type finds are the future of oil. Offshore is the future of the oil exploration and production.

Check out Oil Is Mastery, which focusses on the ultra-deepwater, deep-drilling sector of the oil industry.

"Peak" oil is a load of Bull -- oil isn't about to "Peak". Oil Is Mastery proves it.