cdknop

Really, Really Bad News About Oil

Badly written article.

As to peak oil, Lucidone is right about demand destruction and ample supplies. Prices at these levels are not justified. Increases in Chines demand are more than canceled out by the decrease in US demand. India's oil companies are going bankrupt, and it can't afford the subsidies anymore. New drilling everywhere, especially alternative fossil fuels, such as the shales (Bakken, Rockies, etc.). If new tech allows us to extract 40% instead of 35%, we add another Saudi Arabia to reserves, instantly, ready to recover. And the good oil companies can already do this.

It just makes me sick to see greedy investors rationalize this price spike in order to profit.

Is There an Oil Crisis Looming?

Great article.

Commodities: Inflation Leaves Investors Little Choice

The inflation story is old news. If you try to trade on it, you will lose. The cheese has moved, investors.

Slowing world growth means deflation, believe it or not.

'Index Speculators' Hoarding Commodities

I am just baffled that investors such as yourself try to justify these prices while they kill the american consumer and put our propsperity in jeopardy.

Shame on you.