6 Myths About Oil Speculators
- Thread starter S2007S
- Start date
These legislatures are such a joke. This "speculation" or "bubble" can be directly attributed to policies that they vote for or can change.
Imagine if we weren't in iraq. Imagine if they have had the balls to be forward thinking and raise the mpg standards significantly. Imagine if they stopped giving subsidies and tax breaks to companies using old energy (oil, coal, nuclear) and instead either give none or give some to companies creating new energy alternatives. Just imagine if they didn't always have one hand on their wallets.
Instead of recognizing this and fixing our policies they just want to add another bandaid on top of existing trash. I tell you, the leaders of the greatest country on earth are a bunch of gutless wonders.
Speculators will always exist as long as we have a capitalistic society, they can otherwise be called investors.
Imagine if we weren't in iraq. Imagine if they have had the balls to be forward thinking and raise the mpg standards significantly. Imagine if they stopped giving subsidies and tax breaks to companies using old energy (oil, coal, nuclear) and instead either give none or give some to companies creating new energy alternatives. Just imagine if they didn't always have one hand on their wallets.
Instead of recognizing this and fixing our policies they just want to add another bandaid on top of existing trash. I tell you, the leaders of the greatest country on earth are a bunch of gutless wonders.
Speculators will always exist as long as we have a capitalistic society, they can otherwise be called investors.
OK, here is a simple fact for you:
Since 2005 world oil production has been basicly the same, but demand would have grown according to all estimates. of course you can not grow demand without growing production, so since production is plateauing, price HAS TO go up, killing demand...
Simple enough...
heres the fact bears refuse to look at
http://bp2.blogger.com/_kdcZbozWthI/SDG20V6iFyI/AAAAAAAAAcg/BVjjw9y4tNE/s1600-h/Main.gif
declining exports during the big global growth and high prices
of course oil is due a correction but the bull remains alive and well
You know what that monthly chart of oil looks like? The M3 Money Supply Chart the Fed use to publish. hmmm...
Anyone have a chart for oil adjusted for inflation?
The price is probably going to come down as quickly as it went up, but it could also go a lot higher short-term. No point in picking a top.
Anyone have a chart for oil adjusted for inflation?
The price is probably going to come down as quickly as it went up, but it could also go a lot higher short-term. No point in picking a top.