sikarskie

16 Comments

    • Oil: The Inconvenient Truth [view article]
      I should think the oil indusry is welcoming raising margin requirement from 5% to 50% in oil and gas futures..this will allow access to the utility's but limit or highly reduce their ability to manipulate the market and it would then be a free market
      Lawrence Sikarskie       Sep 03 12:41 PM
    • Majority of Americans Support Ethanol [view article]
      Corn biofuel is a waste of subsidized tax dollars..it is using more fossil fuel to produce a gallon than by itself...It has 30-40% less BTU per gallon than oil based...We need to make food out of corn and use the renewable low cost high efficient algae based biofuel that is not hurting other groups and by the use of warm h2o, breed new units in days not a limited access season It is also capable of liquid hydrogen.. runnig of current through h2o to the edge of conductivity ..becoming more functional than at 100% where scientific research is at..there are small research group able to do this NOW.. Jul 20 09:00 AM
    • Not Calling Crude Oil Prices a Bubble For Now [view article]
      When OPEC and other cartels state that their fundamentals for oil are 50-70bbl and you can manipulate 1,000,000.00 of oil for 50,000. THAT SAYS IT ALL!!!!!!!!!!!!!! Ned to have 50% margin requirements on the oil and gas markets so the true price is reflected to the consumers..WHY you ask....people heat their homes with this and false market runup will be responsible for tens of thousand of deaths in the cold weather..cause pneumonia and other symptoms because their was no heat.. THAT IS WHY WE NEED SPECIAL ATTENTION TO THE COMMODITY MARKET..MY opinon on this is why they broke up the oil comapanies 70 years ago and put in place the anti-trust laws..but the last 8 years you had the RNC ignore the anti-trust laws, and the attorney General stand by and let many significan violations go unchecked in many big industries...crating a huge mess now Jul 19 09:44 AM
    • Oil Prices and Political Energy [view article]
      I like this article...the Greedy Oil Party started this inflationary process the moment Bush was elected..by merging these giants with no anti-trust law reviews..But I do belive that the offshore drilling has changed and is now very safe..it is an integral part of a long term , mid-term and short term energy plan that must be implemented. Along with Nuclear as a leader in clean power..By the way...to prevent this............ Don't vote for the Republicans!!! Jun 21 09:20 AM
    • Oil Is Up Due to Fundamentals, Not Speculation [view article]
      Usage is down this year, due to the fact oil companies were merged years ago and ARE able to manipulate the complete market...from grond to consumer...this cause created aripple effect...your article is blind stupidity..oil usage has not increased enough to be comparable to the price run up from 20bbl - 130bbl over the last 8 years...that lack of anti-trust monitoring was the catalyst that started many of these problems. we would never have the utilities trade in the commoditity market.In the winter this will start killing people...when someone can't heat their home and the older folks get sick and die..this is all part of a major problem that we have to deal with and rectify quickly. IT NEVER should have been allowed to get here..Its a good reason to not vote RNC May 21 06:46 PM
    • How Much Worse Can It Get For Oil? [view article]
      With these threshhold being met now and oil being traded at 3-4 actual value....their needs to be adjustments made or grave consequences will happen next winter. we would never have the utilities run up at 3-4 times their values...would we..we need to managethe commodity markets so that profit cannot be replaced by people dying in mass amounts due to no ability to heat their homes..You may have to break up the oil companies to before 8 years ago or just re-vamp the classifacation of oil on the futures markets...whatever is done needs to happen..oil valuations should be consistent aroud the 40.00 bbl range even OPEC uses those numbers
      Lawrence       May 07 09:16 AM
    • Is Oil Actually Worth $100 a Barrel? [view article]
      This is an excellent article and this is the first time i've seen one that represents the true issues. The SEC needs to get to the bottom of these inflated prices..Lawrence Nov 26 01:06 PM
    • Oil and the $100 Zerophobia [view article]
      WellThere are lots of very good points...I do believe that the traders are a bigger part of this issue than we realize..I also know that before the oil mergers these companies were the largest companies on the planet anyway..but it helped to have FRIENDS in the White House..now were all stuck with the results... Nov 22 10:28 AM
    • Stocks and Oil: Charting a Burst Bubble [view article]
      There needs to be more free market competition in the Oil markets...Key
      REVERSE ALL THE OIL MERGERS..ALLOW THE PRICE TO HAVE A FREE NON-MANIPULATED MARKET       Oct 11 12:02 PM
    • Stop Blaming Oil For High Gasoline Prices [view article]
      We as Americans were dumb enough to elect Republicans over the last 8 years...me included. Just follow the monies...Oil mergers...follow the profits...Pharmacuetic... their own policy to make record proifits...Banking industry...record profits..Middle class not even represented..got a few good judges!!! Jun 24 10:18 AM
    • High Gas Prices: Look No Further Than The Person In The Mirror [view article]
      MMMMMaaaarrrkk
      PLEASE FOLLOW THE MONIES AND TELL ME THEY ARE HONEST AND NOT MANIPULATING THE SUPPLY CHAIN...LOOK AT THE REFINERY %'S BUT don't be naive..The money trail NEVER lies!!!!!!!Then tell why these poor little companies neede to be super giants:-) Lawrence       Jun 02 11:26 AM
    • High Gas Prices: Look No Further Than The Person In The Mirror [view article]
      To say it is all our fault is not a real thought out answer. Gas in Italy vs. Saudi has nothing to do the the reality of cost. EU has it funding tax structure. Hear the profit picture is to the oil giants not infrastructure. Oil refineries cost little to nothing here since the tax breaks in force offset the profit structure of the companies BP, Shell . they are owned internally and due to the total controll of the oil picture the reinery is the key to manipulating the supply and price structure...they are a key in why utilities are guided by municipal approval. The geology cost is 7-15 Bbl and you add in the tax breaks price manipulation even less...It makes sense when you look at the profits.....FOLLOW THE MONIES. The oil sands in Canada are at the high end of oil cost and they are estimated at 15.00 Bbl extraction cost. Jun 02 10:04 AM
    • High Gas Prices: Look No Further Than The Person In The Mirror [view article]
      ok..if it were 8% then that would be like the utilities...and should be run by municipals...not corporations who explore ship and refine...That would eliminate the chance of the refieries manipulating the supply and demand...They have no reason to meet supply when the market does not get met the parent company profits..and also they make the long and short of the product Do you understand going long and short refining at 55 a barrell and selling into a 62 barrell market..
      Legal review here was very minimal campared to other litigitagion...There is no way on God's green earth that this would ever have been passed 8 years ago..and you don't feel that these pooor companies need to be the super giants they are now do you???       May 24 07:04 PM
    • High Gas Prices: Look No Further Than The Person In The Mirror [view article]
      They do not need to break them up....referring to the mergers that are still revokable..They just need to resend the mergers designed over 6 years ago..If you review these ..their was no legal review on these. ...As for profitability issue. Their is higer GP in this areathen many other industries. But this is a necessary utility. It could, and probably should be a utility type management.
      Lawrencce       May 23 07:55 PM
    • High Gas Prices: Look No Further Than The Person In The Mirror [view article]
      It is just common business...The fewer companies you have suppling your products...the more control you have in implementing cost of goods....They broke these companies up 50 years ago due to the fact of little competition and price fixing...just follow the monies and use common business sense..ask yourself would I like to have 10 competitors or 100??Lawrence
      WHY would the refineries want to add more capacity when that stabilizes supply and demand ..eliminating one of the means to create price structure???Just think logicallly!!!       May 23 11:26 AM
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