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    Crude Oil Drops 40%...

    OK, I've tried to be decent . I expect the same from you. FIRST of all The NYMEX contract is a physical one, in that being a pipeline contract delivery can be made for the one thousand barrels volume of a single contract. What Platt's assess is the same thing, albeit in its informal forward...
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    Crude Oil Drops 40%...

    MR TT1: the OTC market is 500 times larger than the Nymex/ICE markets. You Can't Regulate that market because is a world wide one, You Can Find hundreds of traders buying and selling physical Oil & Gas from nigeria, oman, venezuela, ecuador, colombia, the US, Europe, russia and those trader...
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    War profiteering....& Oil....

    do you really think doing away with these will help us get more domestic oil and gas? Those breaks make it economical to drill wells. Without them, the wells will not meet investment return hurdles and simply won't be drilled. Either the royalty rates/burdens or the costs or the taxes were too...
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    PEAK OIL - A myth???

    Peak Oil is not about oil running out. It's about the end of cheap oil. Peaking is a reservoir’s maximum oil production rate, which typically occurs after roughly half of the recoverable oil in a reservoir has been produced. Most of the remaining reserve is hard to get - that makes it more...
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    Crack Spreads?

    you can trade the crack via the nymex floor or you can trade the RBOB spread selling 3 CL contract and buying 2 RBOB contract if you are long. If you want to go long the full crack (3-2-1), then you should sell 3 CL contracts, buy 2 RBOB contract and long 1 HO contract. crack spread...
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    Only 4 Americans left on Forbes's billionaire list

    I bet the Rothschilds always get a laugh out of these lists And Marc Rich and the rockefeller. this kind of list is just for entertainment.
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    "Colombia has become the Israel of Latin America"

    The fact is that the USA doesn't need change in venezuela (chavez is a pretty good business ally ) but what we need is division. "divide and win"
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    Iraq War to Cost America 3 TRILLION Dollars: Nobel Prize-Winning Economist

    right on! Is Unethical, BUT we are running out of oil. this a good "investment", that"s why Hillary Clinton, Kerry, Kennedy and everybody in washington vote to authorize the invasion of Iraq. PD: There is a great deal of disagreement on the issue of future oil supply; one reason is that...
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    Daytraders: what are your favorite day trading stocks?

    OIH DRYS XLE SLV BHP AAPL
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    Bush, the worse head of state since Adolf Hitler

    This country was in a DEEP shit before reagan Bill Clinton did leave the country in a recession.
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    Is Socialism Better For Currency Value?

    A weak currency is not bad for a economy, a destroyed/unstable currency is bad, And the US goverment is destroying the USD. During the sixties, the exchange rate between the DM and the greenback was fixed at a price of 4.00 DM, which helped the German industries gain world market shares. In...
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    Is Socialism Better For Currency Value?

    sorry sir, but I ask you that question because i intended to explain to you the value of the usd against other european currencies like the deutchmark (the former Euro) since we left the brentwood pact. And since everyone is aware of that, I thought you were younger based on the original...
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    Is Socialism Better For Currency Value?

    A very vulgar answer, You have a very strong inferiority complex.
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    Is Socialism Better For Currency Value?

    How Old are you?
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    Legalizing testosterone would make Europe more competitive?

    jajajajajajajajajajajajajajajjaa
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    Contango/Backwardation in oil?

    Backwardation is a market condition where spot prices exceed forward prices. Contango is the opposite condition, where forward prices exceed spot prices. the prevailing condition reflect immediate supply and demand. If crude oil is in contango, it may indicate immediately available supply...
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    Contango/Backwardation in oil?

    backwardation = bullish Contango= bearish
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    Do Conservatives Owe Obama A Debt of Gratitude For Ending The Clinton Nightmare?

    I think that the GOP was the one behind Obama's success, you know, kill two birds with one bullet. Obama is the easiest target in Nov. and they kill the clinton's in the process. Joaquin Balaguer used to say "politics is the art of what you Can't see". maybe this a political masterpiece
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    Technical outlook on Crude

    JSSPMK Excellent post! :)
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    The Rich Man's Michael Moore

    Another bum (and rich) socialist. By ROBERT FRANK February 23, 2008; Page W1 Jamie Johnson, heir to the Johnson & Johnson fortune, used to be an accepted member of the New York elite, with a trust fund, a top education and loads of old-money friends. Now, thanks to his film career, he's...
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