fairguy's Comments

China Pays Too Much for Oil in Iraq at $16 a Barrel

Fri, 26 Jun 2009 04:34:40 -0400

Wrong. The chinese have been practicing capitalism for decades already. Hong Kong is quite free. China doesn't hate US, they afraid of what freedom can do to their people. It can turn them into vegetables.

US is too occuppied with OJ Simpson, Britney Spears, American Idols, America's Got Talent (lol), Miley Cyrus, Madonna, Lindsay Lohan, Jennifer Lopez, Paris Hilton, Christina Aguilera, Brad Pitt, Justin Timberlake and now Michael Jackson's death and Mark Sanford's sex scandal. It's not hard to out maneuver them when the whole population is only half awake. Look at what freedom had done to your nation's financial health.

On Jun 26 01:48 AM User 357705 wrote:

> But they hate us for our freedoms.

Can Oil Go Even Higher?

Mon, 25 May 2009 01:40:26 -0400

to me, there are more things that make the oil price to higher than to go lower or flat from here.

Fundamentals Don't Support Oil at $55-60 a Barrel

Tue, 19 May 2009 03:12:37 -0400

ya right, and computers suppose to free up more leisure time for mankind, and electronic display suppose to reduce demand for papers. Reality is, opposite happened. China leap frogged from smoke signal to wireless communicatoin, have their demand for oil dropped??? LOL, give me a break.

On May 19 01:24 AM curious cat wrote:

> the developing nations don't have to follow the same path to properity
> that we took. they can leap frog on our innovations and come in a
> few generations of technology later. don't expect all those consumers
> to consume as much of the same stuff we did.

Is This Oil Price Manipulation?

Mon, 09 Mar 2009 23:51:07 -0400

the general public are so blur about oil and economic in general. Blaming auto sales to high oil price shows it all. Low auto sales is because it is hard to get a car loan and high unemployment caused by the financial crises emanated from the US and EU, the lands of the free market and free reign speculation. Don't blame OPEC for the price unstability. Don't blame the oil companies either, if u think gasoline is too pricey, don't drive. You live in a free country, right? I drive a 3.5 ton suv. Why? because i find gasoline is underpriced, cheap. Yes, even at 3 to 3.5 $/gal.

The Great 'Fall' of China?

Sun, 25 Jan 2009 16:07:35 -0500

for china growing at 5-8% per annum is much better than boom rates of 10%+ per annum. Americans shouldn't tell how china run their country when they themselves are so screwed up.

Welcome to a New World of Investing

Tue, 20 Jan 2009 00:08:57 -0500

practically all alternative energy options right now are subsidized with taxpayer's monies. Chevy volt is bought with GM bailout. If electric car is so hot, it should able to make it on its own merit.

Welcome to a New World of Investing

Mon, 19 Jan 2009 23:56:52 -0500

romerjt, the US infrastructure is in decrepit state. They have brown out as it already. Since most americans are already up their butt in debts, can they afford to junk their usable gasoline car to buy a 35k volt?? when more people drive electric cars, taxes will follow. Electricity is cheap now because there are no road, bridge taxes in it.

Welcome to a New World of Investing

Mon, 19 Jan 2009 01:43:00 -0500

i know this for sure, world population is continuously rising, plus moving up of living standard world wide which mean more demand for foods and energy, like it or not. Food is energy btw. Those idle tankers full of oil are just a tiny blip of the overall energy demand trend which is UP.

Seven Ways to Play Both Oil Scenarios

Sat, 17 Jan 2009 15:56:40 -0500

maxe, who is gonna buy small cars when oil stays <50? Just take a look at prius sale, down 40-50%. Even if oil goes to 60-80, americans are too poor to junk their old gas car to buy a electric or hybrid car that cost 2X as much as a regular car.

Chevron: Currently Cheap and a Possible Winner In an Economic Turnaround

Wed, 31 Dec 2008 17:34:18 -0500

don't know why the author favoring chevron. There are lots of many major oil and gas companies that are also cheap and pays HIGHER dividend without the liability. I currently own one that pays 6.7% dividend at current share price. It reached as high as 7.2% last week. No, it isn't a trust, it is a major.

Oil Majors Should Just Buy Real Gold

Mon, 29 Dec 2008 17:21:54 -0500

LOL, goldbugs will do or say anything to justify their view and get the gold price up. Here we are with all the gold bugs dream scenarios in place; worst international financial crises ever, middle east wars, massive consumer fear, $55 trillion US debt, every countries are bailing out companies with newly printed monies, and yet, gold is sub $1000. Now they ask rich oil daddy to buy gold? I rather buy oil which is dirt cheap now. Gold doesn't do anything for me other than looking shiny, ie, jewellery

$35 Oil: Steve Forbes Was Off by Two Years

Sun, 21 Dec 2008 05:51:47 -0500

oil will be $200/bbl, one day but i don't know which day, just some day....

$25 Oil Could Happen Before a Return to $100

Sat, 06 Dec 2008 00:09:32 -0500

"Remember, oil is expensive to store"

what a joke. Oil is stored in reservoirs for billions of years, at no cost at all.

Is Oil Demand Falling Off a Cliff?

Sat, 11 Oct 2008 15:11:14 -0400

oh yea, another point i like to make:D
that oil demand dip from the chart can be partly explained by seasonal drop during a period between end of summer driving and before the upkick of winter energy demand.

Is Oil Demand Falling Off a Cliff?

Sat, 11 Oct 2008 15:06:06 -0400

yes, it is a fact that sunspots in its low cycle now, and historical climate record say this will lead to colder temperature. I heard some part of montana is snowing now. Another trivals, in the past recessions, people gain weight. Why? They are depressed at home and they eat more.
Also i heard many plans for LNG terminal are toasted due to for gas prices and poor credit lending market. Those shale gas will help out for 3-5 yrs. They have high decline rates and they are expensive gas to drill for.

Is Oil Demand Falling Off a Cliff?

Fri, 10 Oct 2008 23:31:11 -0400

john egan, it is true what u say but there is a minimum threshold of energy consumption for anybody to survive. Since energy price is lower now, i'm sure people would not cut back as much on energy consumption. Growing food still required fertilizer, whether at home garden or in the field. Unemployed people still demand energy at home like running TV and running AC or furnace that would not be if they were gone working. I think too much energy picture is focused on the US. Countries like South America, Asia, middle east would not cut back of material and energy consumption by much as they are still booming with population growth, and they all want to live and be wasteful like the amercians.

Is Oil Demand Falling Off a Cliff?

Fri, 10 Oct 2008 23:30:48 -0400

this oil crash is only going to set ourself up for the next oil boom. All oil companies are now on yellow alert and capital perservation is on their mind. New investment in new exploration, development will be greatly curtailed. This mean when the economy recovered, watch out for oil going pass 150 $/bbl. On the canadian side, all oilsand projects planned will be postponed or shelved. Only projects that are 90% completed will get done. Oil and gas exploration doesn't operate like a light switch, on and off at will. Oil and gas CEOs are conservative bunch. They need to see 90+ oil for 1 year or more before they feel comfy enough to start spending on exploration.

On growing our own food, this is a joke. Majority of us don't even know how to grow grass. We hired people to do those chores. One small detailed missed, if carrots and tomatoes takes 2 months to grow, what are u gonna eat during that time? Can somebody tell me how to grow beef and fish while we are at it?