thedozer

Can Obama's Policies Revitalize Traditional Oil ETFs?

Long companies under obama...

Winchester, Marlboro, Budwieser, Remington, Copenhagen
anyone who makes Duct Tape or CANNED GOODS is a solid sector!


good luck boys

We Can Lower Gas Prices Now If We Drill, Drill, Drill

Dr. No,

While I can't verify your claim of Iraq increasing oil production, you failed to mention the TIME STAMP of this increase in supply. per day, week, month???

While you are going down to the local Texaco to check gas prices, you should ask the attendant what they think about oil prices... it sounds like you already get most of your information from the 'gas station'

86.7 million barrels of oil per DAY (Demand)
85 million barrels of oil per day (Supplied)

I can explain it for you, but I can't understand it for you!

Oil's Supply and Demand

well put...
and if you want real news I wouldn't go to CNBC... that is if you care about the truth

Oil Prices and Political Energy

upstateny, do us a favor and make the trip north and just move to Canada! I think you will be happier there

As for changes, the market will work itself out. Just as prices of energy skyrocket needs of individuals change. THE MARKET ADJUSTS ACCORDINGLY
Years ago, auto makers searched for horsepower and size as oil was rather inexpensive. Today energy prices are rising and auto makers (in the interest of self preservation) are scrambling to create and market upcoming models as the most fuel efficient. **and it didn't even require government mandates!!!!***

As a bit of an optimist I find that this recent spike in oil prices has finally led the us (the consumer) to change our behavior thereby creating a new niche of energy efficient vehicles.

This is not the fault of auto makers for spending 10 years making profits off of SUVs... It's what WE wanted. Now things (demands) are changing and auto makers adjust accordingly.

the geo metro came out 15 years ago... and no one wanted it!

Don't give me articles laying blame. You simply sound like congress!
We need solutions.
Drill, conserve, seek alternative energy, become self sufficient
it all equals NATIONAL SECURITY
I just want peace of mind

Economics of Oil Futures Trading, Part I

governments role: leave it alone

if the 'hedge funds' or whatever else you deem responsible for this unreasonable price of oil are behind high oil prices, why are there riots in Spain, India and China?

Furthermore if we (US Gov.) pass legislation restricting the market and speculation within the market, this is only valid on US soil. What makes you think for 1 second that other countries won't fill the void.
No sooner than the passing of this said legislation our US hedge funds would be immediately setting up sister companies on foreign soil to resume trading.

you either believe in a free market or not. The same hedge funds that went belly up with the housing boom will likewise do the same when the oil bubble bursts (As it will).

I would be interested in your differentiation of speculators and future buyers as both are in for their own interests... making money or preserving margin on future revenues.

you want to burst the oil bubble? Do it. Drill, explore explore new technology and implement. Speculators will have little foothold on a 'volatile' oil market when the threat of a rouge terrorist nation is eliminated via the US becoming self sufficient.

Don't fool yourself though. Just as soon as we become self sufficient and realize our potential of supplying oil to the world the private companies that had the stones to invest in exploration will look to be compensated fairly for their share of the kill. As they should. But THIS amount of 'newly delivered' supply will not be near as volatile or subject to sharp speculation as the status quo.

Lastly since day one in our economy there has been 2 components
supply, demand... with that there has been companies buying futures or speculating on the price of futures. Prior to 2005 we were okay with the way the market worked. However if speculators were really the big bad wolf, why were prices acceptable then. How can you blame the speculators and turn a blind eye to the growth of both China and India?


And who are you to say that the prices are too high? And tell me... when did they get there?