Shaggieman

3 Aspects to Pricing Oil

Let the government own the refineries. I know that sounds wrong but stop and think. How can any company survive with everyone against them? The upgrades to handle the sour crude are being stifled by the environmentalists who have the Demos ears.

Time to Short Both Long-Term Bonds and Crude

That's the normal 4% spread the banks need to operate on and pay their CEO + options.

Mike unfortunately time isn't on our side here.

The problem is Hugo doing what he's done makes Bush look like a whip and everyone else want a piece of the chump.

Time to Short Both Long-Term Bonds and Crude

Tell me where all this innovation is coming from? We don't have centuries to wait you know. Like the following article shows the left hand doesn't know what the right hand doing.

www.nytimes.com/2008/0...

Time to Short Both Long-Term Bonds and Crude

Bush needs to pay Hugo a visit and get our COP oil fields back. The American consumer is suffering cause Bush lets our great country be bullied. Our dead war heros are turning over in their graves.

Oil Price Implications of a Strike on Iran

Seems like America created this mess by arming Israel with nukes. So why don't the Israeli's offer to give up their bombs as part of the Iran no nuke deal? Then No middle east country will have any nukes. I think Iran would agree to that offer but I guess Israel would never trust America with it's security.

Save Money on Gas - Drive More Slowly

Nixon implemented 55 mph max speed back when and it seemed to work well. Folks were upset at first but got used and it did save. Most travelled at 65 mph before they got ticketed.

Inflation-Adjusted Gas Prices at Record Levels as China Raises Energy Prices

This is really marks the death of the SUV. The news says the $30K SUV's are now selling for about $8K and many that bought are now underwater on their loans.

The car companies are all losing their butts cause they don't make as much off the smaller fuel efficient cars.

Oil Outperforming Oil Stocks

Is it USO divided by OIL?

A Closer Look at the Impact of Higher Gasoline Prices on Driving

I heard gasoline in Mexico runs $2.75 per gallon cause of the Gov subsidies. So a lot of Mexicans I talk with are either going back or making plans to. They all say "it's better over there" and I believe them. I don't think we'll see big immigration from now on as things are worse here from the immigrants perspective.

Demand was up last week to 9.5 mgpd from 9.1 mgpd of gasoline.

The Great Oil Deception: Part Two

Bush's first 4 years of a Republican controlled congress should have drilled ANWR but did NOTHING. It seems like the consumer is right where they want us, over a barrel.

That said, why should the U.S. E&P companies be finding oil for other countries and then we're kicked out after finding it? We're raising the price of our own domestic drilling and gaining very little crude oil. Keep the rigs home and working in our fields and bring down the E&P day rates.

Something's Smelly: Gas Prices Should Soon Reverse

Refiners will make money or they will close their doors and the public will not have any gas. That's the bottom line. NO ONE can stay in business losing money. Already, WNR is a real possible bankruptcy candidate. Has anyone stopped to think where their gas will come from if these independent refiners start failing?

Indicator Points to Higher Gas Prices - and 3 Potential Power Plays

If Oil comes down it will definitely help the refiners. The order I would buy though is VLO, FTO, HOC, TSO, ALJ, SUN, DK, WNR.

The reason I put WNR last is the high leverage this company is at due to the purchase of GI. WNR is up against loan covenants that could trigger mainly around the 20th of every month when the previous months crude oil payment is due. Violiating the covenants would place the ownership of the company under the debt holders (BAC) and make the shares near worthless.

So very high risk.

On the plus side the management owns over 50% of the shares and they've said "we're not going to violiate the coventants". However, the funds have mostly bailed and currently NO SIGN of re-entry.

Options Trader: Friday Outlook

Don't count Phil out, he'll eventually be right. NOTHING goes up in a straight line forever. I think we see $100 before $200 and I am an oil bull. Even the comments being so bullish is a little scary. There's no one left to buy.

Oil and the ECB

Will someone please show Paulson this article. Paulson claims oil and the dollar have no connection which I find very hard to believe.

'Demand Destruction' and Gasoline Prices

The Gov requirements, through EPA, on refiners are way to imposing and forcing most into bankruptcy. Folks talk about building more refinary capacity and that's just crazy. The ones we currently have aren't surviving and when the refiner bankruptcies start hitting they'll be gasoline shortages/outages all over the country.