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  • The Real Rationale Behind Current Supply and Demand for Oil and Other Commodities [View article]
    He's dead WRONG on gasoline consumption here in the USA, I've been tracking the numbers because I've made a ton of money shorting oil and gas.. Gasoline consumption has DROPPED millions of bbls. EACH WEEK since November, each week is worse and worse than the one before, you add them up and since gasoline is 40% of the use of each bbl. of oil, it FAR outweighs ANY cuts OPECker can or have made.. Thats JUST the gasoline decrease in the USA, that DOESN'T include the REST OF THE WORLD..LOL..!!!! Oil is toast for years..
    Dec 26 10:50 am |Rating: +6 -12 |Link to Comment
  • Roger Wiegand: Oil to Reach New Highs by Year-End [View article]
    mangolfer:

    I just shorted some more DIG & USO.. I'm already ahead..LOL..!!! A blind man can see whats coming.. All metals and ag-commodities are crashing along with EVERYTHING else... This is taking it ALL down.. He's the biggest MORON I've ever seen..WOW..!!!!!!!!!!!...

    Oil's been retreating around $2-4 a day for a while. At that rate in 10 days we get to the promised land..LOL..!!!!!
    Oct 10 12:09 pm |Rating: 0 0 |Link to Comment
  • Roger Wiegand: Oil to Reach New Highs by Year-End [View article]
    WOW, this guy is smoking CRACK...

    We'll see $45 oil before we see $157..!!!!! What was oil just last year?? Ahhhhh, $64... So between last year and now the supply/demand has gotten THAT out of wack with the worldwide economy on its backside.. They PAY IDIOTS for this kind of advice, no wonder the world is in such a terrible shape..
    Oct 10 10:55 am |Rating: +1 0 |Link to Comment
  • Global Financial Crisis Makes Oil a Great Hedge [View article]
    J.D. Power just said that the auto market will COLLAPSE in 2009.. Oil is headed back to where it was or BELOW that price before the big speculative upward scam it made from last year. What was its price in 2007 PEOPLE, remember..??? Why has the world changed from 2007, it hasn't, its gotten worse for oil, SOOOOOOOO..!!!! Oil prices are headed to $65 or lower, either by year end or early next year.. If the economy tanks further we might see $45.. Peak oil or not, you WON'T see $145 for a long time to come.. OPEC can't control input, only output, and REMEMBER, OPEC members always cheat on their production goals, ALWAYS..LOL..!!!!

    If the economy doesn't rebound for another 10 years, what then..??? Iceland is almost declaring backruptcy today, whats next..?? He's right about China, they are NOT importing ANY gasoline anymore, doesn't that make any of you dummies think a little..LOL!!! Oils toast for the forseeable future, maybe in 3-4 years..
    Oct 09 12:22 pm |Rating: 0 0 |Link to Comment
  • Can Oil Prices Stay Healthy? [View article]
    Talk about a dreamer.. His targets are a joke. China stopped importing gasoline a couple days ago..!!!! Oil is headed back to where it was BEFORE the big speculation, $65.. That price was with a good economy. With a world on its back, $45 might be possible..!!!!
    Oct 09 12:05 pm |Rating: 0 0 |Link to Comment
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