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  • Crude oil futures +7.6% to $40.59 on geopolitics; Israel's air strikes on the Gaza Strip have reminded investors of the risk, however remote, that tensions could threaten oil supplies from the Middle East.  [View news story]
    We are crediting the rise of oil prices on an incorrect premis.
    I do not believe that the situation in the Gaza will afrfect directly the supply of oil as it does not involve an oil production site.

    The only way this coulsd happen would be, if the saudies would threaten to cut off oil supplies to force the U.S. to intervien and apply pressure on the israelies to halt their current actions.
    Here in lies the problem for the Saudies: They have been desperatly trying to get oil back to the $ 70.00 pr barrel that their economy is based on; to interfere in the conflict will directly interfere with their efforts to recover their economy. Based on this I truly believe they shall take advantage and do everything in their power to avoid involvement and not risk any backlash from world public opinion. They must find other means than oil to resolve their moral conflict and or responsibility.
    If they get involved others (not the Saudies) shall profit from any increase in the price of oil. If and when they should start to supply oil agin it would only drive the price of oil down agin, a no win position for the Saudies. Please mforgive my spelling, it has never been my strong point.
    Dec 29 09:10 am |Rating: 0 0 |Link to Comment
  • Buffett's Battery Buy [View article]
    Has anyone considered A123 Batteries into the mix. The sience of yesterday is rarely the science of today and thusly todays science is not that of tomorrow. I will bet on tomorrow every time. So appareently Buffet.
    Oct 01 12:08 pm |Rating: 0 0 |Link to Comment
  • A McCain Victory Wouldn't Mean Same Republican Economy [View article]


    Is it possiable that the only thing that Oboma has going for him is the anominity of blogers on the internet. Anyone can say anything they want without proof etyc. including myself. This is however my opinion but it includes an observation... that is the tremendous flood on the internet blogs of anti McCain comments. When I was a little boy I was tought that when I came to an intersection I should; STOP, LOOK, and LISTEN. It seems to me that very little of this is being done here.
    McCain does have a plan, Does have somthing to offer and certinaly deserver the same credit from Obamas supporters that he (McCain) has given and continues to give Obama.
    Bottom Line look very close at the team and their ideas, they are redy and have a correct read on the situation.
    Disclamer: I am 60 yrs old and have been a devout Democrat all my life...This year I SHALL vote for McCain/Palin. Good Day God Bless
    Sep 05 10:56 am |Rating: 0 0 |Link to Comment
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