It is doubtful Chinese will continue subsidizing their oil consumption while losing billion of dollars. Sooner or later they have to stop. Predicting the future demand for oil remains only a prediction. I would not buy oil yet.
explain this with your equation? Everyone says that the price of oil will continue to increase and oil will be the place to invest. If that is the case, I would think that the first people to invest in oil and oil companies would be the CEO’s and the VP’s of the oil companies. But looking at the insiders transactions posted on InsiderCow.com, all of the CEO’s and the VP’s of the big oil companies are selling their shares as if there is no tomorrow. Since January 2008, Chevron CVX insiders have sold more than $100,000,000 shares. $0 buy. Transocean RIG more than $50,000,000 insider shares sold. $0 buy. Schlumberger SLB more than $45,000,000 insider shares sold. $0 buy. Exxon XOM more than $40,000,000 insider shares sold. $0 buy. Halliburton HAL more than $22,000,000 insider shares sold. $0 buy. Occidental OXY more than $20,000,000 insider shares sold. $0 buy. Conoco Phillips COP more than $14,000,000 insider shares sold. $0 buy. Apache APA more than $13,000,000 insider shares sold. $0 buy. XTO Energy XTO more than $1,000,000 insider shares sold. $0 buy. BZP more than $700,000 insider shares sold. $0 buy. What gives? Don’t these CEO’s and VP’s want to make money like the rest of us?
Can someone explain this? Everyone says that the price of oil will continue to increase and oil will be the place to invest. If that is the case, I would think that the first people to invest in oil and oil companies would be the CEO’s and the VP’s of the oil companies. But looking at the insiders transactions posted on InsiderCow.com, all of the CEO’s and the VP’s of the big oil companies are selling their shares as if there is no tomorrow. Since January 2008, Chevron CVX insiders have sold more than $100,000,000 shares. $0 buy. Transocean RIG more than $50,000,000 insider shares sold. $0 buy. Schlumberger SLB more than $45,000,000 insider shares sold. $0 buy. Exxon XOM more than $40,000,000 insider shares sold. $0 buy. Halliburton HAL more than $22,000,000 insider shares sold. $0 buy. Occidental OXY more than $20,000,000 insider shares sold. $0 buy. Conoco Phillips COP more than $14,000,000 insider shares sold. $0 buy. Apache APA more than $13,000,000 insider shares sold. $0 buy. XTO Energy XTO more than $1,000,000 insider shares sold. $0 buy. BZP more than $700,000 insider shares sold. $0 buy. What gives? Don’t these CEO’s and VP’s want to make money like the rest of us? ;-)
The price of oil has increased by more than %160 since Jan 2007. Did we have an increase in demand of %160 or did we see a decrease in supplies of %160 during this time? We are in a huge bubble and it will be very messy when it bursts.
Oil Is Up Due to Fundamentals, Not Speculation [View article]
Technology sector can only go up. Humans always need new technologies. How can it go down? Home prices can only go up. There is just so much land and everyday we have more people that need a place to live. How can it go down? Oil can only go up. There is just so much oil in this world.......... HOW CAN IT GO DOWN?
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Speculation and the Price of Oil [View article]
Transocean RIG more than $50,000,000 insider shares sold. $0 buy.
Schlumberger SLB more than $45,000,000 insider shares sold. $0 buy.
Exxon XOM more than $40,000,000 insider shares sold. $0 buy.
Halliburton HAL more than $22,000,000 insider shares sold. $0 buy.
Occidental OXY more than $20,000,000 insider shares sold. $0 buy.
Conoco Phillips COP more than $14,000,000 insider shares sold. $0 buy.
Apache APA more than $13,000,000 insider shares sold. $0 buy.
XTO Energy XTO more than $1,000,000 insider shares sold. $0 buy.
BZP more than $700,000 insider shares sold. $0 buy.
What gives? Don’t these CEO’s and VP’s want to make money like the rest of us?
Speculation and the Price of Oil [View article]
whas that I is hear?
thats right. air leaking out of another bubble.
and the equation for it is f''(x-2y)=4X*1/2+EKt/V...
GO AHEAD. JUSTIFY
Speculating on Oil Bubbles [View article]
Transocean RIG more than $50,000,000 insider shares sold. $0 buy.
Schlumberger SLB more than $45,000,000 insider shares sold. $0 buy.
Exxon XOM more than $40,000,000 insider shares sold. $0 buy.
Halliburton HAL more than $22,000,000 insider shares sold. $0 buy.
Occidental OXY more than $20,000,000 insider shares sold. $0 buy.
Conoco Phillips COP more than $14,000,000 insider shares sold. $0 buy.
Apache APA more than $13,000,000 insider shares sold. $0 buy.
XTO Energy XTO more than $1,000,000 insider shares sold. $0 buy.
BZP more than $700,000 insider shares sold. $0 buy.
What gives? Don’t these CEO’s and VP’s want to make money like the rest of us?
;-)
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that is the sound of a bubble leaking air
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Oil Is Up Due to Fundamentals, Not Speculation [View article]
Home prices can only go up. There is just so much land and everyday we have more people that need a place to live. How can it go down?
Oil can only go up. There is just so much oil in this world..........
HOW CAN IT GO DOWN?
Oil Is Up Due to Fundamentals, Not Speculation [View article]
housing bubble
oil bubble
next bubble? anyone