Cramer says $125 oil

http://nysun.com/news/food-rationing-confronts-breadbasket-world


If rice is being rationed in regions of the US....get ready for "GAS" lines, that will mimic Carter's erra.

Only time, let there be a active hurrican in the gulf, you will see Gas Rations.

Rice, Oil, Wheat....... WHAT RECESSION?

To tell you the truth, as much as I bitch about living in the Ass Backwards city of SAN ANTONIO, I'm very happy not to be in one of the Majors right now. Gas here is 3.29 for reg and plenty of wheat, rice, and Gas, as well as a shit load of Mexicants.
 
Quote from EMRGLOBAL:

Our target is 125 to 130 by June. Oil could go higher.

Its a full bull that will not stop. I doubt we get a pull back. Emerging oil markets are consuming more Oil than the US, the first time in History. China, India, sucking it up. The heat wave to hit the middle east, will increase energy prices, more and more cars are being sold in those areas, sucking up oil.

weaker dollar is driving money to quality, OIL!

Oil industry is the best place to be right now.

Could be for the next decade or so.
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Our target? Who is "our", you and your pet bloodhound, energy analysts extrordanaire?

It may not be visible this minute but demand destruction is occuring at these prices. Speculators have driven it too far too fast and something will give, and not significantly to the upside (barring an act of war or god).
 
Quote from trapstar:

gohstrader your mom jacks me off Monday-Thursday while your sister gets her turn on the weekend :D
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Wow! My first internet tough guy. Coward.

Don't know what I did to you so I guess that about fits now don't it.

gotta love that ignore button.
 
There should be a rule that whenever TRAPSTAR's name is mentioned, typed, or searched for, the word Jagoff and Cocksucking idiot have to appear too.

Ok now I feel better.

Welcome Trapstar, you f'ing douchebag
:D
 
Quote from S2007S:

wow, this oil craze is getting out of control.....friend of mine told me she paid $4.50 for gas somewhere in CT a few days ago, thats not even diesel.....

$4.00 near me, should be $5.00 when oil gets to $130++++

no stopping this run, seems the higher oil goes the better the economy does, or does it....hmmmm
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And yet you claim to have purchased the DUG last Thursday morning . . .

Get real.
 
We are still in the smartist web 2.0 era of globalism and spendism and consumerism and hypercapitalism. Dollar will keep falling. Oil will go to 150 soon.
 
Quote from amanda33:

I'm in the UK, we have expensive fuel, more taxes and no guns - FACT. You're in the US and you have cheaper stuff and more guns. Just a statement of truth. If we had guns would we have cheaper stuff? Of course not. Those issues can easily get mixed but the truth is we pay more for less stuff.

In the UK people generally bitch about council tax (paid each year, based on the value of the house you live in) which has increased way above inflation for about 10 years. There's plenty of impoverished old people living in large houses here, who pay enormous amounts for their council tax for houses that are falling in value. They've forgotten the value of their house can go down too. They have difficulty with the maintenance. It's a problem for them which will only get bigger. They're not paying attention to the market.
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You know Amanda, there might actually be something to this. When the tax man comes a knockin, he ain't gonna ask for as much if he knows you got a 12 gage shotgun under your mattress.
 
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