anwar would drop the price of a barrel by a measly 30-40 cents according to the DOE...thats about 1-2 pennies per gallon of gas....duh....nuclear,well wall st doesnt beleive in it because nobody will start construction unless they get govt garantees/subsudies...wall st knows nuclear is way too...
gas already is 4.50 for regular here in L.A.
im figuring any premium over 100$ oil is pure spec and an air bubble ready to pop anytime and implosion prone.However should demand destruction in the usa not affect worldwide supply,this economy is fkd huge.HEre in Cali we have the worst real...
why they allow an a hole like stock3 to post here is beyond logic...It just turns off a lot of people from here.IT really makes this site a joke.Maybe high page hits or posts generated are good for for biz but a lot more people leave this sit ebecause of idiots like that who have never...
shut the fck up...you havent ever traded a stock asstard...go suck your mothers nipple you 14 yr old puke.You just post nonsense all day under different id's.
yeah, ive been pondering that also.Our oil demand is being overtaken by chindia.I think usa influence will be of less import in this new century as well.
But if we sneeze,economically im sure the rest of the world will be affected to some extent.
One theory going is that high oil could...
I see an air pocket down to $100 in the next 30 days...then down to 70-80 before labor day.
Dont know how long the price will stay down but once it crashes through 100 i dont think it will trade above 100 for a few yrs.
"Historically, real-time stock data was not freely and widely accessible. Either buried behind subscription walls or brokerage sites, consumers typically had to live with 15 or 20 minute price delays."
This is only important to people who dont trade.And if you dont trade why would you care if...
you think wrong...4$ is the breaking point here.People are panic dumping their suv's.Traffic is down significantly here in LA.Freeways arent as congested and a lot more people are driving at 55mph like me.
Especially trucks.
Combine the housing implosion,high gas,brand new worthless suvs...
The dollar started to stabilize at about the same time oil hit 100$.In the last 2 months gas consumption has declined 5%.
Yet oil has rallied another 35 pts!
Much of the rally in oil from 30-100 was due to the dollar decline.
I am thinking that the stabilized currency and demand situation...
Anyone know of any ng etf's...Im thinking that due to demand destruction in oil that ng is gonna getting wacked harder than oil and goes back to 5 bucks....ng has coattailed oil's run up for no reason...Its locally produced,no demand/supply issues as there is no shortage of it,no opec and no...
i see dell going sideways...it got no upgrades which throws a damper on things...dell also said future earnings may be difficult etc...Its a better report than last but the st isnt impressed much...this is a mega cap stock that should have seen much stronger action imo...I might be wrong but i...
...so here s another question then...Why do the oil companies say we need to open anwar and offshore drilling then.They are not suggesting that that would reduce the price of oil or how much consumers are paying for oil product are they.Because they certainly arent charging american consumers...
ive seen the ceo's complain that since they mostly process and sell refined oil that they have to buy it and pay the same increases as well.Well then how is it that they are making record profits if they are seeing record costs?
Im sure millions of small business owners would like to know...