alajac

Oil Won't Stay Down for Long

The author's assumption that a low price will destroy supply is actually dead wrong: the suppliers will pump and sell MORE oil to make up for the revenue lost due to the lower price.

FYI, in July I published (in seekingalpha comments) that oil would see $20 before $200. I was told "the market would have to collapse" for that to happen. I said "yeah, that's right."

I wonder what this guy was saying in July.

Where Does Oil Go from Here?

Once people see they can save big bucks by changing driving habits, they will make those changes permanent. Its always psychology, never fundamentals. Nothing has any intrinsic value other than what someone will pay IF they have the money to buy.

The Effects of Oil Speculation

the first link doesn't work but you can get to the first part from the second part or click here:
www.star-telegram.com/...

The Effects of Oil Speculation

Beware of "peak oil" lies and the lying liars who tell them & you can thank Texas Phil Gramm for the high oil prices (see below)
1. there is no oil shortage
2. oil is being stored in tankers off-shore so the oil doesn't show up in inventories
3. Thank Phil("Yall r jest a bunch of whiners")&Wen... Gramm for the legal loophole that lets commodities get bid up like a stock price
Proven in 2006 Senate hearings: how could our idiot representatives not know the Senate already went over all of this? read it here in 2 parts:
www.star-telegram.com/...
www.star-telegram.com/...

ps, we went into Iraq to curtail supply not obtain it, and that is just what we have done: kept the violence stirred up so that oil didn't get pumped and drive down the price. Oil is on it's last legs and they need to wring every last dollar out of existing inventory. XOM is buying stock and raising dividends; nothing is going toward exploration even at these prices because they know they already have all the product they will ever need sitting on the shelf.

Introduction to a Long Lecture on Oil

Let's try it with a title: Beware of "peak oil" lies and the lying liars who tell them
1. there is no oil shortage
2. oil is being stored in tankers off-shore so the oil doesn't show up in inventories
3. Thank Phil("Yall r jest a bunch of whiners")&Wendy Gramm for the legal loophole that lets commodities get bid up like a stock price
Proven in 2006 Senate hearings: how could our idiot representatives not know the Senate already went over all of this? read it here in 2 parts:
www.star-telegram.com/...
www.star-telegram.com/...

ps, we went into Iraq to curtail supply not obtain it, and that is just what we have done: kept the violence stirred up so that oil didn't get pumped and drive down the price. Oil is on it's last legs and they need to wring every last dollar out of existing inventory. XOM is buying stock and raising dividends; nothing is going toward exploration even at these prices because they know they already have all the product they will ever need sitting on the shelf.

Introduction to a Long Lecture on Oil

1. there is no oil shortage
2. oil is being stored in tankers off-shore so the oil doesn't show up in inventories
3. Thank Phil(Yall r jest whiners)&Wendy Gramm for the legal loophole that lets all commodities get bid up like a stock price
Already proven in 2006 Senate hearings; how could out idiot representatives not know this? read it here:
www.star-telegram.com/...
www.star-telegram.com/...