givargi

3 Comments

    • ON: Tue May 13th 19:44 PM
      Commented on:
      Energy Sector Is Approaching Negative Seasonality
      To Gary W.: " Where did oil come from? From the Sun. .... why not get energy directly from the Sun, where you need it? If you know why, do share."
      hehe, let's clear one thing up first (smug face) I have a PhD in biology...
      now, oil came from plant material that grew and decayed over the course of millions of years (sun), and underwent extreme pressures and heat over the course of some more hundreds of millenia (totally unrelated to the sun). Thus the amount of plant matter and energy, i.e. "sun" that took to make oil is immense. Solar will not provide enough energy to substitute oil (or coal) for our current lifestyle. If we drastically reduce energy expenditures, then yes, we will wean ourselves from oil, and USE NO CARS, but Americans have been brainwashed into lazy, fat, smug "consumers" and feel self-entitlement to good life without actually understanding why we have it. Thus, oil will keep rising next year, and we have to get used to that now and our lifestyle will have to be cut back severely either by our own will, or against our will in which case we will suffer immensely.
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    • ON: Tue May 13th 16:16 PM
      Commented on:
      Oil to $200? Fundamentals Don't Support It
      this article makes ridiculous effort at suggesting what OPEC "should" be thinking, and at linking housing bubble people with oil "bubble" people? Housing bubble people are the ones who are saying that prices will come down and we'll be back to "normal" giant SUVs and McMansions 50 miles away from work.
      And the end of the article, comparing a dot com company with no real intrinsic value with Oil? That was LAME! Wall street clowns have deluded themsleves and believe each other's delusions, I bet Mr. Eric Fox would NEVER in his wildest dreamed imagined paying $4.00 for a gallon of gas in 2008.
      View article »
    • ON: Tue May 13th 16:04 PM
      Commented on:
      Energy Sector Is Approaching Negative Seasonality
      Mr. Babak, I wander what "alternative"... technologies will substitute oil? Prius? "Hydrogen?" Solar Car? iPhone on wheels? And what new technologies will pump out oil at $60 a barrel, tractor beams? Yappies are hillarious.
      View article »
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