Gasoline prices - gold as a hedge
 

"Shortwave Sportfishing" wrote in message
...
On Tue, 1 Aug 2006 18:50:30 -0400, "Eisboch" wrote:


"JoeSpareBedroom" wrote in message
...
"Shortwave Sportfishing" wrote in message
...
On Tue, 01 Aug 2006 19:59:54 GMT, "JoeSpareBedroom"
wrote:


"DSK" wrote in message
.net...
Shortwave Sportfishing wrote:
But that's ok because he's a good guy lunatic. :)

Flattery will get you nowhere. But flattery and a good cup of coffee
might... Im easy...

Slut.

LOL!!

What are YOU laughing at? I hear you can be had for as little as a box
of
frozen squid! :)

Or a good cigar.

Sadly, that's true.

Is it true that cigars repel mosquitoes? Any particular brand?

Gasoline prices - another record high/ supply and demand
 

"JoeSpareBedroom" wrote in message
...
"Jack Goff" wrote in message
...
On Tue, 01 Aug 2006 15:59:45 GMT, "JoeSpareBedroom"
wrote:

"Jack Goff" wrote in message
...

So now the US is an island, insulated from the rest of the world?
Everyone else is "irrelevant"? Really?

So the price is 25 - 35% "trading excess" (cite?), which is the
futures traders as you've said before, right? But then the oil
companies are to blame for the price, not the traders. Uh huh.

CITE: It was provided earlier in this discussion. Use your search feature
to
find the first message containing "PBS", and read forward from there.

Nope. There was some discussion about some talking heads on PBS, but
there is no cite with solid facts on your 25-35%, because that doesn't
exist.


These were not "talking heads". These were commodities brokers who live
with the numbers all day long. If the barrel price jumps X amount in one
day, and they see absolutely NOTHING to cause it, other than amateurs
bidding up the price, then what they've pointed out is quite conclusive.

You would do well to use stocks as an analogy. The price often has
absolutely NOTHING to do with financial reality. Company "A" announces a
shaky quarter, and stocks in 100 unrelated companies take a 3 day
nosedive. Oil's even worse. Day #1, a mosque is blown to pieces in
Baghdad, and up goes the price of oil. 7 days later, another mosque is
destroyed, and nothing happens to oil because attention is elsewhere -
maybe the World Series.

All wrong. Oh, and go find your own cites. I'm not your research
assistant. If you'd like to wallow in ignorance, that's your decision.


In the amounts of money being traded in oil futures, any "amateurs" are
quickly weeded out! They are George Soro, et al, and since he has made a
couple billion trading money futures, enough that he can generate the moves
he wants now,

Gasoline prices - gold as a hedge
 

"White Owl"

They stink like feathers burning!


JoeSpareBedroom wrote:
"Shortwave Sportfishing" wrote in message
...
On Tue, 1 Aug 2006 18:50:30 -0400, "Eisboch" wrote:


"JoeSpareBedroom" wrote in message
...
"Shortwave Sportfishing" wrote in message
...
On Tue, 01 Aug 2006 19:59:54 GMT, "JoeSpareBedroom"
wrote:


"DSK" wrote in message
.net...
Shortwave Sportfishing wrote:
But that's ok because he's a good guy lunatic. :)

Flattery will get you nowhere. But flattery and a good cup of coffee
might... Im easy...

Slut.

LOL!!

What are YOU laughing at? I hear you can be had for as little as a box
of
frozen squid! :)

Or a good cigar.

Sadly, that's true.

Is it true that cigars repel mosquitoes? Any particular brand?

Gasoline prices - gold as a hedge
 

On Tue, 01 Aug 2006 21:19:47 -0400, DSK wrote:

Now... on topic: just exactly what percent of one's net
worth is it prudent to spend on a boat?

Zero. :-)

Boats are an imprudent expense. You've got to love them.

Gasoline prices - another record high/ supply and demand
 

On Wed, 02 Aug 2006 01:46:24 GMT, Don White wrote:

JohnH wrote:
On Tue, 01 Aug 2006 19:35:47 GMT, Don White wrote:


JoeSpareBedroom wrote:


Whatever scenario would make jackoff happy. I slit all their throats
afterward, and stole the manager's accounts. Whatever.



Oh my! Jackoff will make sure those Palm Sisters take a beating tonight.


I keep thinking you may be a little above it. You keep proving me wrong.
--
******************************************
***** Have a Spectacular Day! *****
******************************************

John

I'm a believer of.. 'when in Rome, do as the Romans do'.

You may have found a couple Romans to follow, but you're not in Rome.

How's your mom doing?
--
******************************************
***** Have a Spectacular Day! *****
******************************************

John

Gasoline prices - another record high/ supply and demand
 

On Wed, 02 Aug 2006 03:40:23 GMT, "JoeSpareBedroom"
wrote:

"Jack Goff" wrote in message
.. .
On Tue, 01 Aug 2006 15:59:45 GMT, "JoeSpareBedroom"
wrote:

"Jack Goff" wrote in message
...

So now the US is an island, insulated from the rest of the world?
Everyone else is "irrelevant"? Really?

So the price is 25 - 35% "trading excess" (cite?), which is the
futures traders as you've said before, right? But then the oil
companies are to blame for the price, not the traders. Uh huh.

CITE: It was provided earlier in this discussion. Use your search feature
to
find the first message containing "PBS", and read forward from there.

Nope. There was some discussion about some talking heads on PBS, but
there is no cite with solid facts on your 25-35%, because that doesn't
exist.


These were not "talking heads". These were commodities brokers who live with
the numbers all day long. If the barrel price jumps X amount in one day, and
they see absolutely NOTHING to cause it, other than amateurs bidding up the
price, then what they've pointed out is quite conclusive.


OK, let's us that number. Here's the rest of my post:

However, what is curious is that you made the statement:
The oil companies, knowing
this, do whatever they want with the price. That's a crime, and should be
dealt with.

But you also said this about them:
Other
businesses make higher margins and it doesn't bother you.

So some companies make (much) higher margins than oil companies, but
for some reason you think the oil companies are committing a crime?
Surely you realize that they have an obligation to their investors to
make money, yes?

Then you blame the price not on the oil companies, but on futures
trading by people who aren't in the business. You said:
Limit futures trading to companies which have a material interest in the
commodity being traded, in this case, oil. Eliminate speculators, who, by
definition, are in no way involved with the production of petroleum
products. This latter group is simply playing games. Stopping this would not
totally eliminate the fluff in the price, but it would go far in that
direction.

Understand that I agree with you on some of your points. However,
you're all over the map on this. You seem to just be ****ed about the
price, and are blaming everyone except the guy behind the register at
your local 7-11. Is it the oil companies, or the speculators? And
why does gas cost us *half* of what it cost the rest of the civilized
world? Could it be that the oil companies are indeed aware that the
US is dependant on oil, and are attempting to hold down the cost here
in some ways?

Gasoline prices - another record high/ supply and demand
 

"Jack Goff" wrote in message
...

On Wed, 02 Aug 2006 03:40:23 GMT, "JoeSpareBedroom"
wrote:

"Jack Goff" wrote in message
. ..
On Tue, 01 Aug 2006 15:59:45 GMT, "JoeSpareBedroom"
wrote:

"Jack Goff" wrote in message
m...

So now the US is an island, insulated from the rest of the world?
Everyone else is "irrelevant"? Really?

So the price is 25 - 35% "trading excess" (cite?), which is the
futures traders as you've said before, right? But then the oil
companies are to blame for the price, not the traders. Uh huh.

CITE: It was provided earlier in this discussion. Use your search
feature
to
find the first message containing "PBS", and read forward from there.

Nope. There was some discussion about some talking heads on PBS, but
there is no cite with solid facts on your 25-35%, because that doesn't
exist.


These were not "talking heads". These were commodities brokers who live
with
the numbers all day long. If the barrel price jumps X amount in one day,
and
they see absolutely NOTHING to cause it, other than amateurs bidding up
the
price, then what they've pointed out is quite conclusive.


OK, let's us that number. Here's the rest of my post:

However, what is curious is that you made the statement:
The oil companies, knowing
this, do whatever they want with the price. That's a crime, and should be
dealt with.

But you also said this about them:
Other
businesses make higher margins and it doesn't bother you.

So some companies make (much) higher margins than oil companies, but
for some reason you think the oil companies are committing a crime?
Surely you realize that they have an obligation to their investors to
make money, yes?

Then you blame the price not on the oil companies, but on futures
trading by people who aren't in the business. You said:
Limit futures trading to companies which have a material interest in the
commodity being traded, in this case, oil. Eliminate speculators, who, by
definition, are in no way involved with the production of petroleum
products. This latter group is simply playing games. Stopping this would
not
totally eliminate the fluff in the price, but it would go far in that
direction.

Understand that I agree with you on some of your points. However,
you're all over the map on this. You seem to just be ****ed about the
price, and are blaming everyone except the guy behind the register at
your local 7-11. Is it the oil companies, or the speculators? And
why does gas cost us *half* of what it cost the rest of the civilized
world? Could it be that the oil companies are indeed aware that the
US is dependant on oil, and are attempting to hold down the cost here
in some ways?

As I said, the blame could be twofold. If you want to buy a certain stock
and the price is inflated due to no fault of yours, you may go ahead and buy
it anyway. In that sense, you're a victim since the price has been inflated
by others. This analogy points right back to my comments about a resource
being manipulated by people who are outsiders.

It would be interesting if a few oil companies were asked (i.e.: handed
subpoenas) and had to reveal what their actual raw material cost has been
since they began using Iraq as an excuse.

Gasoline prices - gold as a hedge
 

Now... on topic: just exactly what percent of one's net
worth is it prudent to spend on a boat?


Wayne.B wrote:
Zero. :-)

Boats are an imprudent expense. You've got to love them.


Good answer.

DSK

Gasoline prices - another record high/ supply and demand
 

Jack Goff wrote:
.... Could it be that the oil companies are indeed aware that the
US is dependant on oil, and are attempting to hold down the cost here
in some ways?

Makes good sense, yes... in a discussion of record oil
company profits, suggesting that they are "Holding" the cost
of oil down... I guess they are struggling mightily so as
not to make even larger record profits.

To borrow a phrase from one of Doug's earlier posts: Some
people wallow in ignorance, others seem to marinate in it.

DSK

Gasoline prices - another record high/ supply and demand
 

"DSK" wrote in message
...
Jack Goff wrote:
.... Could it be that the oil companies are indeed aware that the
US is dependant on oil, and are attempting to hold down the cost here
in some ways?

Makes good sense, yes... in a discussion of record oil company profits,
suggesting that they are "Holding" the cost of oil down... I guess they
are struggling mightily so as not to make even larger record profits.

To borrow a phrase from one of Doug's earlier posts: Some people wallow in
ignorance, others seem to marinate in it.

DSK


Jeez....you must've really liked that "marinate" line. How long ago was
that? :-)