alpha24seven

5 Reasons Why the $700B Bailout Could Translate to $250 Oil

My God! Why do people posit such nonsense.

Peak Oil is a scam.

Demand destruction is permanent.

21st Century energy technology is COMING!

China and India demand is a complete distortion.

To base a thesis on ill founded trading theory and outlier trading days signifies someone not steeped in the market being commented on.

Really terrible... $250 ppbl... c'mon...

Recapping My Great Calls on Oil

Peak oil... More of that?

I really like the $500 ppb 2014 schtick...

lol...

Magazine Covers as Contrarian Indicators

"Whats Not"

Private Jets.

Says who? Look at the premium you need to jump to the front of the delivery line for any number of small to medium size private jets. The only place I know of taking immediate deposits are on some of the larger planes like the Falcon 7x and the Global Express. The G650 is dear but can be found. Maybe the fractionals are slowing but people still want the private jet.

Will Interest in Alternatives Continue if Oil Goes Down?

@nakedjaybird. You do realize that there is a tremendous percentage loss in electrical efficiency when you locate a windmill in Texas and then you load this energy to the grid and eventually somebody in LA flips on their light. Right? In fact the latest estimate to bring the grip up to snuff, modernize and increase efficiency is over $1 TRILLION USD! And that still won't make it as efficient as local generation.

This is why solar is the best option. Increase the efficiencies, lower the cost and the efficiency lost between your roof and your toaster is entirely manageable.

Oil Price Targets

One analyst actually controls the price of oil. I'm not joking. His name is Arjun Murti at GS. He was the original "super spike" guy that called oil at $100. He got lucky because of Katrina. Super spike V2 said +$140 and then $200. Guess what -- we hit $146.

He front runs the oil price for GS prod commodity desk that makes billions trading oil. We will never know how much exactly because they bury the prop desk under four business units and you can't back out the numbers. Widely recognized as "extremely large".

There are few people (maybe five total) that can move the market on their words/report and he is definitely one of them. He is arguably the most powerful person on the planet and there isn't even a picture of him...

Do the research yourself. Ask why his thesis is supply and demand yet as an example, one of the companies he covers MRO, is pissing all over themselves finding oil in the Bakken.

Gas Lines Coming This Fall

Hi Bi(u)ll James

Check out who Matt Simmons is and why it is in his direct benefit to make these prognostications and to incessantly beat the "peak oil" drum which is complete nonsense. This is a man that stands to benefit in the billions with his day job saying this stuff. The conflict is so outrageous I'm amazed so many fall under his spell and don't call him on the massive financial conflict and his obfuscated position in it all. Check for yourself.

Gas Lines Coming This Fall

Isn't this exactly what Matt Simmons said would happen in 2006, 2007 and now 2008?

It's like Nostradamus, keep guessing about everything in frequency and eventually it will happen...

Crude Oil Seeks Iranian Black Swan

Here's what you do. Open Google Earth and go to the Straight of Hormuz. Look at that landscape and envision the targetability of the US weapon systems.

There is NO way the Iranians can even put a modicum of a decent fight. I'm sorry but game over within 24 hours.

Of course the CL contract will skyrocket but the reality is the Iranians cannot block the straight of Hormuz. No way.

Big Oil's Big Problem: Time is Running Out

Illuminati and forced "creative" taxation. Right. How about recognizing that the largest pusher of this ridiculous notion is big oil itself? They (big oil) have knowingly and unknowingly created an army of self righteous types that took one snippet of the entire picture and turned it into the inevitable "Escape from NY" scenario. Now if Y2K would have panned out, we would not be worrying about this. And why worry anyways, the world ends in December 2012 as the Mayan calendar ends there? Insert dry humor here.

Why doesn't anyone ever mention the FACT that the brightest minds in this country/world are armed with billions of dollars to make sure this crap never happens? And what is the motivation besides the obvious? Whomever makes the multitude of tactics and schemes work, will make Google look like a rounding error... Once again market forces will prevail -- as they are currently doing.

Does a Slower Economy Mean Lower Oil Demand?

It seems to be a cerebral attempt to circumvent the obvious.

Global recession portends cheap oil.