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I'm basing my statements on actual numbers, the kind extensively researched and cited by Michael Masters, whom the U.S. Senate deemed credible enough to rely upon when considering new legislative measures. Daal seemingly bases his statements on some grand theory about shortages in the midst...

When we look back at this period of oil manipulation, it will be compared to the Enron manipulation of electricity rates in California. It's total bullshit. There's more than ample supply in the system, and the stocks of crude are building. I love the rumors longs are seizing upon to move...

*Continued from Above* Goldman Sachs again in the middle The oil price today, unlike 20 years ago, is determined behind closed doors in the trading rooms of giant financial institutions like Goldman Sachs, Morgan Stanley, JP Morgan Chase, Citigroup, Deutsche Bank or UBS. The key exchange in...

May 24, 2008 Oil price mocks fuel realities By F William Engdahl http://www.atimes.com/atimes/Global_Economy/JE24Dj02.html As business and consumers consider the implications for them of crude oil selling at US$130-plus per barrel, they should bear in mind that, at a conservative...

The attachment you cite basically proves my point. Oil is trading at prices today on a model that assumes supply growth doesn't meet demand through 2030 (22 years consecutively, from now). There is no shortage of oil at present. Period. End of story. Show me a credible source that states...

Exactly.

Ron Paul.

Right, oil is a fungible good. I was just responding to several comments that people have made that I believe are erroneous and/or misleading. They are typically: 1) Middle eastern nations supply the U.S. oil, when in fact, they supply the U.S. very little oil (but yes, oil is fungible)...

Not if you're long already. I will say this, though; If any of the stocks I currently own or have optioned decline, I'll buy more. I can honestly say that.

Valero sold their Aruba refinery because it doesn't suit their forecast - it was set up to process the kind of crude that they don't believe will be most profitable to do so going forward. Whether that was a smart decision or not, only time will tell. Valero is a well run company, but not...

This is a fantastic interactive presentation by the Financial Times that explains global oil markets and all things related: http://www.ft.com/cms/s/0/74bf31bc-992a-11dc-bb45-0000779fd2ac.html?nclick_check=1

The U.S. gets about 80% of its oil from non-middle eastern nations. Most oil imported into the U.S. comes from Canada, Mexico and Venezuela. Also, big oil is not to blame for the run-up in crude prices. I'll be the first one to defend them, and their record profits. They are benefiting...

All should remember that anything that has risen in price in a manner consistent with hard and soft commodities, including oil, typically take the escalator up, but the elevator down.

I'm a big FF fan, but have found that the more I use Opera, the more I like it.

AVG is the best free program, IMO. 8.0 was just released in non-beta.

No, I don't trade commodities at all. Anyone who believes that oil prices are higher than what they would be (maybe much, much higher) based on current supply/demand, and this inflationary pressure is crushing equity markets in a myriad of ways (less discretionary dollars, corporate margins...

This would have been just another 'Black Monday' thread had Monday not been a holiday.

Bullshit! You are all pussies! America is about the idea that present generations will leave a better country to future generations of Americans, and sacrifice whatever to do so! This idea has been abandoned by anyone here who thinks Americans should be content with the state of...

I think I'd rather do Franken (if I had a gun to me head, and had to make a choice), and I'm straight as an arrow. Sex with Abby Joseph Cohen! Ewwwwww!

Is this BSC Part II, or Put Sellers Feast Part XXXXXXVIIIIIII???