On 20/04/2011 10:52 AM, wrote:
On Wed, 20 Apr 2011 07:47:18 -0400,
wrote:

BAR wrote:
In articlejYWdneirypkx4zDQnZ2dnUVZ_rGdnZ2d@earthlink .com, payer3389
@mypacks.net says...
I_am_Tosk wrote:
That's what gas prices were the day Barak Obama took the Whitehouse.
Pelosi promised the "first" thing she would address would be gas prices.

They have done nothing but shift a bunch of food into dollars for
Chicago ethanol speculators and refiners, this of course will be a
disaster...


What a simple-minded little troll you are. Fuel prices are determined by
speculators who depend upon fear-mongering. You're one of the
"fear-mongered" masses.

What's your problem? Is the kiddie motorbike racing season in jeopardy?

The Saudi's have come out and said that the market is over supplied. The
price should drop. The questions is will it?



The market, which is for all intents and purposes, unregulated, is
controlled by speculators, not by supply and demand. We. of course, let
the speculators do this, instead of standing up to them and forcing
changes in the way that part of the petrol business is run.


The best control on unreasonable speculation is the market. When these
guys get stuck with contracts that they have committed to and are
significantly higher than the spot price of oil the bubble will pop.
How long that takes to be reflected in gas prices is the variable but
you also have speculation in gasoline itself. Like any commodity,
these transactions are usually highly leveraged so things can happen
pretty fast. What motorists will do, is to slow down discretionary
usage and it doesn't take a lot of demand shift to make speculators
lose their ass because of this leverage. A little fear can drive the
market a lot more than a bunch of regulation.
These days, with the ethanol, gasoline is as perishable as some
produce.They only have about 90 days from refinery to carburetor
before it starts to spoil.

Speculator manipulation does not last long. As you say, if a speculator
inlfates and the bubble pops then they lose money. Same with fear, in a
short time the market returns. Hey, if I had a $50/barrel oil tap I
would have it wide open right now.

I was actually in the oil well logging business from 1980-1983. No
shortage of oil exists, just a shortage of cash to get it.

And the anti is up, take BP. To now drill you would want a $20 billion
reserve or insurance. Every penny gets added to the costs.

--
I can assure you that the road to prosperity is not paved with
fleabagger debt.

On 20/04/2011 5:36 AM, BAR wrote:
In articlejYWdneirypkx4zDQnZ2dnUVZ_rGdnZ2d@earthlink .com, payer3389
@mypacks.net says...

I_am_Tosk wrote:
That's what gas prices were the day Barak Obama took the Whitehouse.
Pelosi promised the "first" thing she would address would be gas prices.

They have done nothing but shift a bunch of food into dollars for
Chicago ethanol speculators and refiners, this of course will be a
disaster...



What a simple-minded little troll you are. Fuel prices are determined by
speculators who depend upon fear-mongering. You're one of the
"fear-mongered" masses.

What's your problem? Is the kiddie motorbike racing season in jeopardy?

The Saudi's have come out and said that the market is over supplied. The
price should drop. The questions is will it?

BS. Truth is Saudi are maxed out with declining reserves, to expand the
reserves means drilling more expensive and deeper wells than before.
Well managed low debt economies like China, India and Brazil are doing
well...

Just BS to try to get the markets to cool off isn't going to work. As
it ignores two huge facts. First is supply is tight and second the USD
is loosing value.

Prices will go up relative to the USD. But relative to gold, silver,
copper, lithium, flour -- oil is the same price.

--
I can assure you that the road to prosperity is not paved with
fleabagger debt.

On 19/04/2011 6:15 AM, I_am_Tosk wrote:

That's what gas prices were the day Barak Obama took the Whitehouse.
Pelosi promised the "first" thing she would address would be gas prices.

They have done nothing but shift a bunch of food into dollars for
Chicago ethanol speculators and refiners, this of course will be a
disaster...

Too many people listen to Obama's lips move. Fact is higher prices mean
more tax income for governments, there is no incentive for government to
keep prices low. But I am sure Obama will pay it lip service.

I see the USD fell again...relative to the CAD.

I wonder what people expect now that since Obama took office you also
produce less oil. And more new valueless inflationary fiat money as no
one is lending Washington DC money.
--
I can assure you that the road to prosperity is not paved with
fleabagger debt.

On Tue, 19 Apr 2011 19:47:49 -0400, Gene
wrote:

Let me make a suggestion... in 2012, be less concerned with birth
certificates.... and more concerned with what it takes to be a real
leader....

If we can find a real leader willing to run and have his name dragged
through the dirt.

In article ,
says...

On Tue, 19 Apr 2011 08:15:23 -0400, I_am_Tosk
wrote:


That's what gas prices were the day Barak Obama took the Whitehouse.
Pelosi promised the "first" thing she would address would be gas prices.

They have done nothing but shift a bunch of food into dollars for
Chicago ethanol speculators and refiners, this of course will be a
disaster...

OK... I'll bite.... Bush had a gas price low of $1.20 per gallon, but
under HIS administration we had gas topping $4.50 per gallon. That
was, however, accepted, since his father and cronies were in the oil
business....

Gas dropped to a low of $1.60 prior to Obama's tenure, because they
thought he had balls. When it became apparent he didn't, fuel prices
skyrocketed......

Let me make a suggestion... in 2012, be less concerned with birth
certificates.... and more concerned with what it takes to be a real
leader....

It was just as bad when bush let the gas get up, but we never had gas
topping $4.50 a gallon, at least in real life.. And I live in CT, where
our prices are just about at where Cal is.. Now if Cal got up there and
you want to cite that as a national average, that's another lobsta'
boat...

Besides, I was talking about this ethanol hoax (always a hoax with the
dems, y2k, global taxing, now ethanol), they are putting the money in
the pockets of the refiners (big oil just like Bush did) and dismantling
our oil and food processing industries... For a few bucks..

--
Team Rowdy Mouse, Banned from the Mall for life!