John - How foolish is it to assume that their is an unlimited supply of cheap, easy to get crude oil. Remember in college they taught us about "declining resources". The amount of oil is declining just like gold and the prices are going to go up for the rest of time, just like gold.
If You Think Oil Has Peaked, Buy Airline Stocks or FedEx [View article]
Wait! Are you sure FDX can survive at all with crude prices above $120. The refiners are still refining the oil that cost them $80. When they start passing on the cost of $120 oil UPS, FDX and the airlines are all going to go out of business. If I were foolish enough to buy stocks in American companies I think I would jump on the trains. On the other hand I think I will just load up on truck load of puts (July exp.). That should give the economy time to implode.
When Crude Drops, AMR Will Fly [View article]
If You Think Oil Has Peaked, Buy Airline Stocks or FedEx [View article]
Is Oil a Bubble? Part One [View article]
Right on! Have you read J. H. Kunstler's book "The Long Emergency"? You will love it. He also has a weekly blog jameshowardkunstler.ty.../