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  1. R

    Oil now at 36 bucks..

    Thanks EMR for the data, very useful!. have a great weekend!
  2. R

    Average daily range HO vs RB

    Depend on the season, in autumn/winter, HO tends to be more volatile. In spring/summer, RBOB rocks. If you really wants big volatilability, then try Natural Gas on Hurricane Season and you will thrive.
  3. R

    Oil now at 36 bucks..

    Estimates of oil exploration and development costs and the bill for running existing oilfields vary greatly depending on assumptions about financing, tax and the size of fields. In 2006, The average “lifting” costs (the cost to bring a barrel of oil to the surface) ranged from about $4...
  4. R

    OPEC just got kicked in the face!

    Exxon, Shell, BP makes money from different Types of deals like storage, transport, exploration, cracks, swaps, buying physical-selling futures, Natural Gas, Refinery etc etc etc etc Read this article. http://www.bloomberg.com/apps/news?pid=20601087&sid=aCStCdOsonHc&refer=home...
  5. R

    OPEC just got kicked in the face!

    http://www.elitetrader.com/vb/showthread.php?s=&threadid=148310&perpage=6&pagenumber=5
  6. R

    OPEC just got kicked in the face!

    I think that 3-4 years from now that will be a reality
  7. R

    OPEC just got kicked in the face!

    The venezuela heavy sour crude (one of the worst quality in the world) is trading at $30,65 in the spot market and will be quote next monday around 25 USD per barrel in the cash market. the minimum oil price Chavez needs to sustain his economic policies range from US$120 a barrel to US$65...
  8. R

    Nothing will stop the looming global depression; Central Banks out of ammo

    This a intelligent and substantive response. :cool:
  9. R

    Nothing will stop the looming global depression; Central Banks out of ammo

    can you muster an intelligent or substantive response? :D
  10. R

    OPEC Meeting 12/17

    On Wednesday, 22 Aug 2007.- Eric Bolling, One of the Nymex largest Natural Trader ever, said on CNBC: "Ignore OPEC-They Cheat" Video. http://www.cnbc.com/id/16596357/ Quote from the article.- "“I’ve been doing this 20 years and all 20 years they’ve been cheating on their output...
  11. R

    OPEC just got kicked in the face!

    On Wednesday, 22 Aug 2007.- Eric Bolling, One of the Nymex largest Natural Trader ever, said on CNBC: "Ignore OPEC-They Cheat" Video. http://www.cnbc.com/id/16596357/ Quote from the article.- "“I’ve been doing this 20 years and all 20 years they’ve been cheating on their...
  12. R

    The drop in the US Dollar is stunning

    Let me guess, you are from spain.
  13. R

    Treasury Benefits From Massive Paranoia as Rates Fall

    By Matthew Benjamin and Liz Capo McCormick Dec. 15 (Bloomberg) -- Bill Clinton was forced to abandon spending initiatives to boost the economy at the start of his presidency when advisers warned him that the borrowing needed to fund the programs would push interest rates higher. President-...
  14. R

    Fed Readies for Balance Sheet as Main Tool as Rate Nears Zero

    By Craig Torres and Steve Matthews.- http://www.bloomberg.com/apps/news?pid=20601087&sid=aCrmnf9nR.6A&refer=home Dec. 16 (Bloomberg) -- The Federal Reserve may today reduce its main interest rate to the lowest level on record and prepare for one of the boldest experiments in its 94-year...
  15. R

    Oil Contango Pays Most in Decade as Shell Holds Crude in Ships

    you welcome guys, papa you are 100% right.
  16. R

    Oil Contango Pays Most in Decade as Shell Holds Crude in Ships

    normal backwardation of futures markets: When the nearby futures sell at a consistent premium to deferred futures prices and that long side speculators were paid to accept the risks of ownership of various commodities by owning those discounted futures contracts out into the future. In other...
  17. R

    Where is Obama?

    whats wrong with that?
  18. R

    Hugo Chavez 1998

    This is a video of Hugo Chavez 1998 presidential campaing... To be honest, the similarities between 1998 chavez and 2008 Barrack Obama rhetoric are very interesting. http://www.youtube.com/watch?v=cvbdMg-X5GQ&feature=related
  19. R

    Help Obama's Brotha

    http://www.helpobamasbrotha.com/index.html
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