FeverBuster's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/224986/comments http://seekingalpha.com/article/85671-the-oil-bubble-will-meet-the-same-fate-as-tech-housing?source=feed#comment-208658 208658 Fri, 18 Jul 2008 11:13:29 -0400 http://seekingalpha.com/article/85671-the-oil-bubble-will-meet-the-same-fate-as-tech-housing?source=feed#comment-208569 208569
The last report from the EIA on gasoline indicated the opposite from you claim of being at an all time low and on the verge of shortages. Please post a reference for this claim.

Additionally, with oil being at an all time high, inventories have to be managed better to hedge against potential price drops like what we have seen in last few days. The higher the price of oil, the less the demand, and thus the less inventory needed as buffer. As the demand goes back up, so will inventories.]]> Fri, 18 Jul 2008 10:16:59 -0400
The last report from the EIA on gasoline indicated the opposite from you claim of being at an all time low and on the verge of shortages. Please post a reference for this claim.

Additionally, with oil being at an all time high, inventories have to be managed better to hedge against potential price drops like what we have seen in last few days. The higher the price of oil, the less the demand, and thus the less inventory needed as buffer. As the demand goes back up, so will inventories.]]> http://seekingalpha.com/article/84966-gas-lines-coming-this-fall?source=feed#comment-208410 208410
In one of the pictures on your site(bottom left), there is a canopy covered with what looks like solar panels. Have you done any calculations to see if it could be self powered during the day by solar alone? I would imagine with hundreds and hundreds of miles of solar panels it could be self powered and even add to the power grid at times.]]> Fri, 18 Jul 2008 07:53:54 -0400
In one of the pictures on your site(bottom left), there is a canopy covered with what looks like solar panels. Have you done any calculations to see if it could be self powered during the day by solar alone? I would imagine with hundreds and hundreds of miles of solar panels it could be self powered and even add to the power grid at times.]]> http://seekingalpha.com/article/85431-offshore-drilling-isn-t-the-answer-supply-and-demand-is?source=feed#comment-207858 207858 Thu, 17 Jul 2008 12:26:19 -0400 http://seekingalpha.com/article/84966-gas-lines-coming-this-fall?source=feed#comment-207110 207110 Wed, 16 Jul 2008 14:54:28 -0400 http://seekingalpha.com/article/85064-energy-and-metals-charts?source=feed#comment-206273 206273
"Investors hope that lower energy prices could help revive the flagging economy". Source: Yahoo

Oil is going to have to drop down below $100 to have any impact on the economy. But every bit helps. It will not last though, Iran will just launch another missile, or someone in Nigeria that has a gun will get mad, or maybe someone will spill a barrel of oil somewhere. You know that these type of things can really cause disruption of oil flow that will have devastating effects on the supply.]]> Tue, 15 Jul 2008 15:13:57 -0400
"Investors hope that lower energy prices could help revive the flagging economy". Source: Yahoo

Oil is going to have to drop down below $100 to have any impact on the economy. But every bit helps. It will not last though, Iran will just launch another missile, or someone in Nigeria that has a gun will get mad, or maybe someone will spill a barrel of oil somewhere. You know that these type of things can really cause disruption of oil flow that will have devastating effects on the supply.]]> http://seekingalpha.com/article/85064-energy-and-metals-charts?source=feed#comment-206234 206234 Tue, 15 Jul 2008 14:34:05 -0400 http://seekingalpha.com/article/85039-what-we-can-do-to-reverse-the-oil-crisis?source=feed#comment-206002 206002 Tue, 15 Jul 2008 11:13:32 -0400 http://seekingalpha.com/article/84966-gas-lines-coming-this-fall?source=feed#comment-205830 205830
You are 100% correct. Oil producers are doing this already, that is why inventory is low. That is why the fundamentals of supply and demand are not at work. The high price is out of range from balance causing the stress as you mentioned.

I just pray that we do not have any Hurricanes this year that hit the Gulf. Although, I am sure that oil future investors are hoping for one so they can make money off of a disaster.

This is just another reason I think both an interest rate increase and the SPR should be used now. This would bring the price down and to regulate the market back to a balanced state.]]> Tue, 15 Jul 2008 08:45:09 -0400
You are 100% correct. Oil producers are doing this already, that is why inventory is low. That is why the fundamentals of supply and demand are not at work. The high price is out of range from balance causing the stress as you mentioned.

I just pray that we do not have any Hurricanes this year that hit the Gulf. Although, I am sure that oil future investors are hoping for one so they can make money off of a disaster.

This is just another reason I think both an interest rate increase and the SPR should be used now. This would bring the price down and to regulate the market back to a balanced state.]]> http://seekingalpha.com/article/84998-why-are-oil-prices-so-high-gold-solves-the-riddle?source=feed#comment-205801 205801
Physical Supply and demand are not at play now. Just oil futures determining the price curve.

Your essay only proves that there is more at play than the fall of the dollar if even gold can not buy the same amount of oil as is did in the past. As I stated before, the over investment of oil futures on the scale of 2X futures than actual supply is where the high price is coming from. ]]> Tue, 15 Jul 2008 08:28:07 -0400
Physical Supply and demand are not at play now. Just oil futures determining the price curve.

Your essay only proves that there is more at play than the fall of the dollar if even gold can not buy the same amount of oil as is did in the past. As I stated before, the over investment of oil futures on the scale of 2X futures than actual supply is where the high price is coming from. ]]> http://seekingalpha.com/article/84966-gas-lines-coming-this-fall?source=feed#comment-205761 205761
There is no mention of the fact that Gasoline inventories are high side. This would explain that the buffer is in the Gasoline and not in oil.

There is no shortage of Oil. If there was, then OPEC would increase production. As of now, they have indicated several times that an increase is not necessary.

You also do not mention the fact that if you are correct about the gas shortage based on low oil inventories that SPR could release oil as they did back after Katrina hit. This would change your figures quite a bit.]]> Tue, 15 Jul 2008 07:46:39 -0400
There is no mention of the fact that Gasoline inventories are high side. This would explain that the buffer is in the Gasoline and not in oil.

There is no shortage of Oil. If there was, then OPEC would increase production. As of now, they have indicated several times that an increase is not necessary.

You also do not mention the fact that if you are correct about the gas shortage based on low oil inventories that SPR could release oil as they did back after Katrina hit. This would change your figures quite a bit.]]> http://seekingalpha.com/article/84617-options-trader-friday-outlook?source=feed#comment-203075 203075
Iran and Allies of Iran are the ones manipulating. They are making billions of extra$$ off of the US. They continue bait investors/speculators back to the oil market with their psychological warfare and propaganda. Then, they are probably funding Al Qaeda, and insurgence with a lot of that extra money. So, anybody that contributes to the increase in oil, needs to think about where that money is going and ask themselves how ethical it is if that were the case.

All governments lie, but the fact is that there is plenty of oil, and if the government was to come out and say that they were going to allocate 2-3 million barrels a day until the market stabilized, the actual amount would probably be not much if any. It is more psychological than physical in the oil market now.

"I don't care who is getting rich and who is getting screwed."
This attitude is horrible. If you are not careful, you will be the one that will get screwed whether you are a oil bull or not.

You can not compare Goog or AAPL, etc. to oil. None of your examples have an effect if any on inflation like oil does.]]> Fri, 11 Jul 2008 12:06:25 -0400
Iran and Allies of Iran are the ones manipulating. They are making billions of extra$$ off of the US. They continue bait investors/speculators back to the oil market with their psychological warfare and propaganda. Then, they are probably funding Al Qaeda, and insurgence with a lot of that extra money. So, anybody that contributes to the increase in oil, needs to think about where that money is going and ask themselves how ethical it is if that were the case.

All governments lie, but the fact is that there is plenty of oil, and if the government was to come out and say that they were going to allocate 2-3 million barrels a day until the market stabilized, the actual amount would probably be not much if any. It is more psychological than physical in the oil market now.

"I don't care who is getting rich and who is getting screwed."
This attitude is horrible. If you are not careful, you will be the one that will get screwed whether you are a oil bull or not.

You can not compare Goog or AAPL, etc. to oil. None of your examples have an effect if any on inflation like oil does.]]> http://seekingalpha.com/article/84617-options-trader-friday-outlook?source=feed#comment-202992 202992 Fri, 11 Jul 2008 11:00:25 -0400