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  • Why Zillow's Current Valuation Isn't Sustainable, Even If Everything Goes Exactly As Planned [View article]
    5073 houses sold in 2013??? You need to multiply that by 1000.
    Aug 2, 2014. 04:53 PM | Likes Like |Link to Comment
  • The Case For A Much Lower EUR/USD Exchange Rate [View article]
    I agree with your conclusions but try getting your facts straight. There have been tens of thousands of Russian military personnel in Crimea ever since the break up of the Soviet Union, mostly concentrated at the huge naval base at Sevastopol. They didn't have to invade Crimea, they have been there for decades. As far as eastern Ukraine is concerned, it is true that Russian is the first language of most residents. But these people are not ethnic Russians, but are ethnic Ukrainians. Even in the eastern most oblasts, ethnic Russians are in a minority.
    Apr 2, 2014. 08:39 AM | Likes Like |Link to Comment
  • Monday Market Mayhem: Cyprus Declares 'A Nuclear War On Savings And Wealth' [View article]
    What is the difference between you selling oil you don't have and someone else buying oil they don't want?
    Mar 18, 2013. 10:40 AM | 6 Likes Like |Link to Comment
  • Testy Tuesday: Do We Need More Stimulus Already? [View article]
    You slam the traders for buying oil for which they don't take delivery. Yet you play the same game by selling oil that you don't own. One could say that you and the other shorts are artificially depressing the price of oil by selling oil you never intend to deliver.
    Sep 18, 2012. 10:49 AM | 6 Likes Like |Link to Comment
  • Cimarex Energy Is Heading South [View article]
    The US is putting about 4 BCF less per day into storage than we were at this time last year. The market is working, production growth has slowed and consumption per day is up substantially. 61 BCF went into storage this week against over 80 BCF for the same week last year.
    Jun 9, 2012. 12:26 PM | 1 Like Like |Link to Comment
  • Chesapeake Energy: Ready To Double [View article]
    I have never read an article so full of nonsense.
    Apr 23, 2012. 08:36 AM | 7 Likes Like |Link to Comment
  • Wall Of Worry Wednesday: Time To Climb? [View article]
    The price of oil is being supported by record consumption of diesel fuel. A few per cent drop in gasoline consumption in one country is not enough to offset the huge demand for distillate fuel. And Canadian tar sands are not a source of the cheap oil you seem to think you are entitled too. The world isn't running out of oil; it is just running out of out that can be produced cheaply. If the speculators really are keeping the oil price at $100, then they are doing the world a great service. A high oil price provides sufficient capital and incentive to go out and find new sources of oil. Does any rational person believe the old oil fields will never ever deplete. And a high oil price deters people from wasting this precious resource.
    Nov 25, 2011. 09:56 AM | Likes Like |Link to Comment
  • Which Way Wednesday: Popping Or Topping With The $100 Oil Scam? [View article]
    What is your definition of fine? If the SPR was used to make up the deficit in imports it would be gone in 200 days assuming you could even pump out 3,000,0000 barrels per day from the reserve. Lines stretching around the block at gas stations and a government gasoline rationing plan within week. And why are you so concerned about WTI? The price of products is determined by the world oil price. WTI is the cheapest oil in the world.
    Nov 17, 2011. 09:44 AM | Likes Like |Link to Comment
  • The Future of Energy Policy and Its Effect on Clean Tech Stocks [View article]
    E85???? Are you kidding? Are you saying that corn is more valuable as a fuel than it is as a food? The ethanol plant is southwest Georgia just entered Chapter 11 because of high corn prices. The plant also spent $33 million on natural gas last year. Wouldn't it make more sense to burn nat gas in our cars and save our corn for food use?
    Feb 6, 2011. 10:18 AM | 7 Likes Like |Link to Comment
  • Fake-Out Thursday - Oil Scam Continues Unabated [View article]
    The speculator is there to make the trade that no one else wants to make. No speculators means no market.
    Dec 18, 2010. 01:19 PM | 1 Like Like |Link to Comment
  • Fiat's NatGas Cars Could Solve America's Oil Dependence [View article]
    Tallahassee is doing what you suggest. They are going to run the buses on CNG and Clean Energy Fuels and a private company named Nopetro are bidding on a contract to construct a fueling station on city owned property.
    Dec 6, 2010. 11:15 AM | 3 Likes Like |Link to Comment
  • CNBC Is Right: America, We Have a Serious Problem [View article]
    If destroying the purchasing power of a nation's currency is no big deal, then I guess we having nothing to worry about.
    Dec 1, 2010. 03:35 PM | 3 Likes Like |Link to Comment
  • 3 Bears Threatening the New Goldilocks Economy [View article]
    Excellent article. His comments on American energy policy were spot on. Our non-energy policy seems designed to favor OPEC and corn farmers. Natural gas prices are in the lower end of their recent range with storage filled to the brim while corn prices are back over $5. Yet the government wants to mandate even higher levels of corn ethanol. Yet legislation to encourage use of cheap and abundant natural gas goes nowhere. Even an unbiased observer would have to agree that the energy "policies" emanating from Washington are beyond ludicrous.
    Sep 17, 2010. 01:17 PM | Likes Like |Link to Comment
  • Should $10 a Barrel Be the Real Price of Oil? [View article]
    WOW 50 million more barrels of oil than 2 years ago. The world consumes over 3.4 million barrels per hour. I'll buy all the oil you care to sell at $20.
    Sep 9, 2010. 04:33 PM | 4 Likes Like |Link to Comment
  • Gulf of Mexico Oil Spill: Liability Payment Capacity View [View article]
    The mass hysteria over this event is beyond belief. The Ixtoc oil well in the southern Gulf of Mexico wasn't capped for 10 months. Total cost of cleanup was one hundred million dollars. The prevailing currents carried some of the oil north to Texas. The economic impact there was less the fifty million dollars. The total amount of oil from a worse case BP spill amounts to one part per billion of oil compared to the volume of water in the Gulf. For certain isolated areas will be impacted by high concentrations of oil, but the vast majority of areas of the Gulf will see no oil at all. Logic says that oil that pollutes a Louisiana marsh can't at the same time show up on a beach at Panama City. The Gulf contains over 600 natural oil seeps and as bad as this spill is, nature and the ecosystem can deal with it over time. The liability amounts thrown about by some people are utterly ridiculous. I live in the Florida panhandle and go to the beach quite often. If I see a tar ball or a dead seagull. does that qualify me to at least $10,000 in compensation. After all 40 billion dollars goes a long way.
    Jun 3, 2010. 06:48 PM | 3 Likes Like |Link to Comment