Oil Prices Question
- Thread starter Chapdog
- Start date
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The Almighty
UScit is right. Increased global demand, speculation over future energy needs, flooding of the markets with fiat money driving up commodities in general.... especially in the US as a drop in the dollar pushes oil higher.
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The Almighty
But oil was at a big dip one year ago. You are doing SF's graph thing
It is all spinners fault, he is greedy.
How much has the dollar dropped in the last year ?
I think that will cover about half of it at least.
http://customer1.barchart.com/cgi-bin/mri/vsnchart.htx?page=chart&sym=CLJ8&data=E&showcc=yes
http://customer1.barchart.com/cgi-bin/mri/vsnchart.htx?page=chart&sym=DXM8&data=E&showcc=yes
Weak dollar, instability in the middle east (i.e., Iraq war).
uscitizen
Villified User
And the right wingers are getting their desired tensions and instability in South America as well.
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The Almighty
I think India struggles a bit longer on the whole, but I do like TTM. Great long term potential, but probably a bit more downside in the short term.
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The Almighty
He actually had a valid point there.
uscitizen
Villified User
Ohh yes he did, but he is drooling all over himself with greed driven lust.
Topspin
Verified User
I haven't begun to make my real money in oil yet, it's not too late for you guys either.
India is way behind China, Just file that comment about the $2,500 car away till you hear how good it's doing in the news. As to China, in a decade they will sell more cars domestically than we do. Integrated oils are price on oil about half the market price. Gonna be some serious gains over the next 5 to 10 yrs. Play it safe and buy exxon.
India is way behind China, Just file that comment about the $2,500 car away till you hear how good it's doing in the news. As to China, in a decade they will sell more cars domestically than we do. Integrated oils are price on oil about half the market price. Gonna be some serious gains over the next 5 to 10 yrs. Play it safe and buy exxon.
why xom and not cvx? think its going to dip with chenny being dispatched to middle east?
uscitizen
Villified User
Exxon CRAP is what EXXON is . They are still trying to squirm out from under their responsibility for the Exxon Valdez spill. Causing trouble in VZ. They are a very arrogant bushist company.
I never buy Exxon products.
Citgo now is the place to buy gas
It is not middle eastern oil and VZ 's resources are currently being put to use to help the people in VZ.
I never buy Exxon products.
Citgo now is the place to buy gas
It is not middle eastern oil and VZ 's resources are currently being put to use to help the people in VZ.
cawacko
Well-known member
Exxon CRAP is what EXXON is . They are still trying to squirm out from under their responsibility for the Exxon Valdez spill. Causing trouble in VZ. They are a very arrogant bushist company.
I never buy Exxon products.
Citgo now is the place to buy gas
It is not middle eastern oil and VZ 's resources are currently being put to use to help the people in VZ.
Oh man, i almost lost it. That is some funny sh*t. You fancy yourself a "thinking person" yet buy Hugo's socialist B.S. that he spouts? Too good to be true.
uscitizen
Villified User
I did make that post a bit tounge in cheek...But he is using his countrys resources for the good of his country instead of letting it be exploited by foreign corporations.
And he does seem to be improving the standard of living for his people. I give credit where credit is due.
Unike some who discount everything good because of the socialist label.
Who is really thinking ?