Augustus

Reaching for Yields with MLPs

The article is confusing in that it makes no distinction when referring to WMB and WPZ. Of course, WPZ is the MLP that has the very nice dividend.

The Global Oil Scam: 50 Times Bigger than Madoff

jsg,
You must have overlooked the fact that at some point the values of whatever the positions were must have declined. They cannot both own it to create the hypothetical bubble and also profit when the value declines. How does that work, exactly?


On Nov 13 10:00 AM john s. gordon wrote:

> augus -
> oil fell from 140 to 40 when GS had other financial commitments to
> meet & liquidation of part of the portfolio of futures was required.
>
> just as trees don;t grow to the sky, bubbles don't expand to occupy
> the entire volume of the solar system.
> GS & their partners in crime ran their air compressors full blast
> (40/1 leverage) & made a biggg bubble.
> in a game of musical chairs, when the music stops there is always
> some poor schmo who can't find a chair.
> don't cry for GS, some other schmo got vaporized, not GS.

Suburban Propane's Future Looks Bright

Propane can be more dangerous than LNG. Propane is a heavier molecule and is stripped from the naturla gas stream. When there is a leak, it does not disperse as LNG does. It will collect as a gas in any low spot and can be more concentrated so that it could create a breathing problem, as well as an explosive problem.

The Global Oil Scam: 50 Times Bigger than Madoff

Is this supposed to be serious? These firms trade volumes of oil back and forth at the same price each time and profit from it. Does it have anything to do with Flash Trading?

My wife and I tried an experiment. She handed me a bottle of wine and I handed her $50. Then we reversed that and she got the wine and I got the cash. So far we have done this over 200 times and can see no increase in either the quantity of wine or the quantity of money. I suppose it is because we must have overlooked some secret factor. While we were doing this a neighbor dropped by. She could not believe that we were continuing to pay $50 for a bottle of Gallo that she had purchased one just like it for $8.99 at the liquor store last week. I suppose she is more capable of purchasing wine than VLO is when purchasing a boat load of crude oil to refine into gasoline.

I always wonder why these masters of Oil Prices ever let that price slip from $140 to $40. Maybe flash trading gave them profits on that too while the value of their inventories were declining. I look foreward to seeing the conspiracy theory on that.

The Current Stagnation of Natural Gas Vehicles in America

Natural Gas Vehicles have a few problems that gasoline fueled ones do not hae. Have you thought about the consequences of a very small NG leak. You can very easily have a pretty dramatic event occur without any warning. However, a leak of gasoline is not going to cause the same problem.