Jackal

Just a Commodities Correction - Not the End of the Bull (Part 1)

To ishortyou,
Nice wish list. Wake up to how long and at what cost your dreams will require to be significant. Meanwhile, get used to paying lots for gas, or start conserving.

Is Valero a Better Buy than Exxon Mobil?

Out on US I-95 my mental tracking of the traffic and its speed tells me that there aren't many folk changing their driving habits. A few truckers have followed me at 60 mph (I am one who is trying to cut back a bit) but most are wheeling along at 70 or more. Some near 80 mph. (est.)
Something tells me that $4.00 gas is being accommodated in our economy with very little pain - or adjustment. If that's the case, any dips in the price of oil will be filled by the increasing demand of new drivers rather soon.
Finally, some engineer could calculate this: How fast would hybrid or new fuel cars have to be produced - and sold - to make a significant enough dent in demand to truly force prices to abate to oil at $100.00/bbl. Methinks there's not enough auto production capacity to do this quickly and secondly methinks there's not enough demand around for $2.00 gas. Too much money in circulation!
My bet is on $5.00 gas before $3.00 gas. Any takers?

Save Money on Gas - Drive More Slowly

How many kids do you have, whiplashi...?