Loading...
Symbols:
Get Seeking Alpha Free Stock Alerts by Email!
Get Free Stock Alerts by Email!
Transcripts
- TrueBlue, Inc. Q3 2008 Earnings Call Transcript
- Polycom, Inc. Q3 2008 Earnings Call Transcript
- Exponent, Inc. Q3 2008 Earnings Call Transcript
- EXFO Electro-Optical Engineering, Inc. F4Q08 (Qtr End 08/31/08) Earnings Call Transcript
- Abbott Laboratories Q3 2008 Earnings Call Transcript
- St. Jude Medical, Inc. Q3 2008 Earnings Call Transcript
- Kinder Morgan Energy Partners LP Q3 2008 Earnings Call Transcript
- Joe's Jeans Inc. Q3 2008 Earnings Call Transcript
- Spansion, Inc. Q3 2008 Earnings Call Transcript
- Landstar System, Inc. Q3 2008 Earnings Call Transcript
-
Editor's Picks
-
Most Popular
- Bank Safety: The Hidden America That's Not in Crisis
- High U.S. Corporate Taxes Are a Myth
- Survival of the Longest
- Can We Prevent Asset Bubbles?
- Warmer Hands (Equities) but Cold Heart (Credit)
- How'd We Get Into This Mess?
- Full list of Editor's Picks »
- Why Cramer Should Be Suspended »
- Chesapeake Energy Corporation Business Update Call Transcript »
- Bargain Buys For Patient Investors - Barron's »
- Bullion Shortage and Spot Prices Tell Two Different Gold Stories »
- Some Stocks to Research for the Market Rebound »
- Boone Pickens' Holdings »
- Chesapeake Bites McLendon »
- Gold / Silver Ratio Tops 80 to 1 »
- Julian Robertson: Some Buying, but Bearish on the Economy »
- The Bottom's Within Sight - Barron's »
- The Countdown of a Manipulated Gold Price Is Running Out »
Trading Center
Hedge Fund Jobs
Job Seekers: Search jobs by category, get job alerts by email or live feed, apply online See full list of jobs »
Employers: See all recruitment options, get applications online or by email Post a job »
Andy1234
17 Comments
Why the Bailout Cannot Solve a Thing: Nobody Is Blaming the Right Culprit
Why the Bailout Cannot Solve a Thing: Nobody Is Blaming the Right Culprit
Capitilism is not the cause of these failures....its the government. They set up the conditions for the housing bubble...and even encourged it.
and the sad part is.....they tried making homes more affordable....and they did the exact opposite. I don't think the government tries to create bubbles....they are just THAT encompetant.
Talk Me Down From the Wells Fargo Ledge
This could get ugly for every company out there.....regardless of what sector they are in. This was the largest housing bubble in history. There is a lot more carnage ahead.
Do Paulson and Bernanke Really Understand What's Going On?
Poor people not affording homes is their problem....not the markets. Most people in Europe cannot afford homes, Why should we infringe on some people's rights to enhance the life of others?
When did people expect they should get everything just because they have a heart beat?
Five PEG-Ratio Play Stocks for 2008
But the PEG has one problem....you are estimating future growth....and the lowest PEG ratio's on your list have super high growth rates.....it would also logical to have a worst case PEG ratio scenario.
8 Stocks to Buy if McCain Wins
The largest supplier of oil is Canada to the USA.
Looks like Canada will be doing well with their exports.
The 'Peak Oil' Myth: New Oil Is Plentiful
As the EROEI declines....More NG will be used.....you can see that NG inventories are building less slowly than proceeding years.....either from more demand from the public, more from oil companies, or a mixture of both. Should be interesting if we produce vast quantities from oil sands in the future...what effect that will have on NG prices...and the inventory of NG. NG production is declining in the USA....and I am willing to bet Mexico and Canada will start declining soon. LNG prices are higher than $13/MCF....going higher.
Nationalizing Oil: Well-Intentioned, But Wrong
They collectively produce around what...10 million barrels or so, which is 11.7%.......they are damn efficient...and they have to work with some pretty nasty countries in some nasty environments. They deserve the money.
Why is everyone trying to take something that isn't theirs? and why is it now a problem?
The market wants to use more oil than is supplied....this is physical and geological limits that we could possibly be running into.....and at some point we will hit these limits...regardless of how efficient or advanced we are at pulling the oil out of the ground.
We need other forms of energy at some point.....and I cannot say where this energy should come from...or who provides the capital.....but the government is probably the least efficient at doing whatever.
The government only has what it takes from others.
Visa: Trading Transparency
I dunno....good company...but I am not feeling the price of it.
using a 2.03 EPS for 2008.....and a 20% growth rate.....the fair value at the end of 2008 is $53/share.
MA fair value at the end of 2008 given 20% growth is $228/share.
possibly they always trade at a premium? I dunno....just seems expensive.
Visa: Trading Transparency
Is Oil a Bubble? Part One
He wants to remove NG from producing electricity...and add that to transport....thats where we get the gain.
he is a proponent of wind....and I agree with him. What he says makes SENSE.
these other people are spewing information without reading too much into the problem on the supply side.
this is a supply side driven problem....and soon supply will start to dwindle and fall off the cliff.
I really cannot relate to economists.....as they think prices and money will cure problems.....yet the phsycists and geologists are saying otherwise.
I am sure we will probably land somewhere in the middle. But one thing to keep in mind.....to produce the same amount of oil in the quantities we are using.......the numbers are something like 15 billion for 500K barrels. if we need 80MBPD NEW oil by 2030......thats 2.4 trillion bucks in investment....and the sad part is.....thats probably a conservative estimate. Now this doesn't take into account the increased energy costs for the infastructure.....prob... using water from the ocean, etc....which would probably be safe to say that the cost would be closer to 10 trillion dollars. Yes.....a factor over triple what I just estimated.
Look at some of the new projects....and how their costs keep tripling in price.
Is Oil a Bubble? Part One
that could very well be pulled in a bit when everyone does a mad dash to nuclear. I have read that Thorium may also be used.....and that Uranium can be recycled a few times......but even so.....we are mainly living off the inventory of Uranium right now....we are supposed to be in production shortfalls by 2013-2015 from the studies that have been studied.
take a look at Cameco's website....they have a couple of studies...as does a few others....even google and search around for a day. its pretty interesting stuff.
Is Oil a Bubble? Part One
remember....oil is used in a lot of places. I am not saying the price of oil is immune to go down.....but in the short term...there is no good quick fixes.
and we don't know the energy return on energy invested for most of these energy gathering systems. as most of the processes are made from oil, by oil, transported by oil. Things might not be as rosey when you are losing 40% through transmission lines, then an energy loss for storing the energy in batteries, then recalling that energy.....and if the energy return on energy invested has a payback of 30 yrs or the life of the wind turbine or solar panel....is it worth making?
Is Oil a Bubble? Part One
and if production coming online the next few years equates to how many barrels? and you look at the declines from mexico and russia...not to mention their internal demand.....you have no DATA to stand on.
there is going to be short term prices volitility....but on a long term uptrend unless we get some other energy source or transfer to a different fuel for transportation.....whi... takes time.
furthermore....even if we do go to NG or electric.....we just shift the problem to something else.....and we don't have the energy required to transfer the majority over....unless we start acting now.
Is Oil a Bubble? Part One
The current conventional oil resource RATE of 75ish million barrels a day will experience a conservative rate of decline of 6%. If you extrapolate those numbers going forward....in 25 yrs we will be producing 15 million barrels from that base. Estimates have oil demand going to 115 million barrels over the same time frame. We need to find and develop 100 million barrels during that time.
There is no way we will be able to produce that amount of oil at that RATE....No way...thats higher than our current base of easy and cheap oil.
all energy comes from the sun......alternative technology isn't there to produce the amount thats desired at the prices we want....we will have to live with less energy IMO.