Marc Faber, Jim Rogers and Boone Pickens - Bullish on Oil [View article]
how about reducing our diesel use/demand with USA sourced NG as a starter?
On Jan 11 09:09 AM PrudentMan, CFA wrote:
> Self-serving statements by "experts" mean nothing to me and have > not for the fifty years I have been an investment professional, although > I respect these individual opinions. > > The conundrum with oil that I have is that as the price goes up world > economies go down and the price will follow. The bullish aspect is > that people have short memories and they will not pursue, as President > Bush stated that we should, in his State of the Union Address in > 2001and later, which Congress ignored and still does, alternative > sources of energy. > > Hopefully when the politically inspired emotionally driven Greening > and Global Warming Manias pass, the country will get serious about > energy and not just talk. But I doubt that the Obama/Hillary Administration, > with their emphasis on political donations and reelection as is Congress, > will do anything substantive. > > I hope I am wrong but I won't put my money on it.
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how about reducing our diesel use/demand with USA sourced NG as a starter?
Jan 11 11:32 am
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All Comments by fran »Marc Faber, Jim Rogers and Boone Pickens - Bullish on Oil [View article]
On Jan 11 09:09 AM PrudentMan, CFA wrote:
> Self-serving statements by "experts" mean nothing to me and have
> not for the fifty years I have been an investment professional, although
> I respect these individual opinions.
>
> The conundrum with oil that I have is that as the price goes up world
> economies go down and the price will follow. The bullish aspect is
> that people have short memories and they will not pursue, as President
> Bush stated that we should, in his State of the Union Address in
> 2001and later, which Congress ignored and still does, alternative
> sources of energy.
>
> Hopefully when the politically inspired emotionally driven Greening
> and Global Warming Manias pass, the country will get serious about
> energy and not just talk. But I doubt that the Obama/Hillary Administration,
> with their emphasis on political donations and reelection as is Congress,
> will do anything substantive.
>
> I hope I am wrong but I won't put my money on it.