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Gasoline prices - gold as a hedge
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 m... On Tue, 01 Aug 2006 19:59:54 GMT, "JoeSpareBedroom" wrote: "DSK" wrote in message h.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? Cigars are also good for repelling people, dogs, cats, horses and any living creature with common sense. |
Gasoline prices - gold as a hedge
Shortwave Sportfishing wrote: Slow steady wins the race. I don't think John Force would buy into that. |
Gasoline prices - another record high/ supply and demand
JohnH wrote:
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 She's doing fine. Her appetite is a bit off this summer... but since it's been warm & humid, (rained 13 days in July) I guess that can be expected. Took her with us to see our new puppy at the breeders a week & a half ago. They gave her a seat and a puppy to hold. She was happy as could be. Next week we'll travel to her hometown of St. Peters, Cape Breton for some RnR. I'll tow my sailboat down to enjoy the beautiful Bras d'Or Lakes. |
Gasoline prices - another record high/ supply and demand
Shortwave Sportfishing wrote:
On Wed, 02 Aug 2006 01:43:36 GMT, Don White wrote: Jack Goff 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. It's apparent that Kevin's been passing out samples of his crop to you guys. Kevin who? Bacon dumbass. :) Don't you know that everybody and everything is only six degrees of separation from Kevin Bacon? ~~ sheesh ~~ :) Well, I'm hoping the separation between me & Jackoff is more like an even dozen. |
Gasoline prices - gold as a hedge
Shortwave Sportfishing wrote:
On Wed, 02 Aug 2006 12:57:13 GMT, Don White wrote: 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 news:5pevc29anhm6hf0d38q2p1ej73sj7qs3kc@4ax. com... On Tue, 01 Aug 2006 19:59:54 GMT, "JoeSpareBedroom" wrote: "DSK" wrote in message uth.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? Cigars are also good for repelling people, dogs, cats, horses and any living creature with common sense. Communist. Our prayers are with Fidel. That country will be ruined once the Yankee Traders move in and take over. |
Gasoline prices - gold as a hedge
"Don White" wrote in message ... Shortwave Sportfishing wrote: On Wed, 02 Aug 2006 12:57:13 GMT, Don White wrote: JoeSpareBedroom wrote: "Shortwave Sportfishing" wrote in message m... On Tue, 1 Aug 2006 18:50:30 -0400, "Eisboch" wrote: "JoeSpareBedroom" wrote in message ... "Shortwave Sportfishing" wrote in message news:5pevc29anhm6hf0d38q2p1ej73sj7qs3kc@4ax .com... On Tue, 01 Aug 2006 19:59:54 GMT, "JoeSpareBedroom" wrote: "DSK" wrote in message outh.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? Cigars are also good for repelling people, dogs, cats, horses and any living creature with common sense. Communist. Our prayers are with Fidel. That country will be ruined once the Yankee Traders move in and take over. Hopefully, the mafia, which doesn't exist, will be the first ones to arrive. They (or people who looked a lot like them) didn't do such a bad job in the past. |
Gasoline prices - another record high/ supply and demand
On Wed, 02 Aug 2006 13:18:14 GMT, Don White wrote:
JohnH wrote: 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 She's doing fine. Her appetite is a bit off this summer... but since it's been warm & humid, (rained 13 days in July) I guess that can be expected. Took her with us to see our new puppy at the breeders a week & a half ago. They gave her a seat and a puppy to hold. She was happy as could be. Next week we'll travel to her hometown of St. Peters, Cape Breton for some RnR. I'll tow my sailboat down to enjoy the beautiful Bras d'Or Lakes. It's my experience that old folks and puppies or kittens get along great together. I think it does the elderly a lot of good. What kind of pup did you get? Glad to hear she's doing well. Here in DC we're going thru a heat wave with temps at 100 and high humidity. Golf this AM was fun, but I'll bet I sweated three gallons. -- ****************************************** ***** Have a Spectacular Day! ***** ****************************************** John |
Gasoline prices - another record high/ supply and demand
On Wed, 02 Aug 2006 11:06:18 GMT, "JoeSpareBedroom"
wrote: "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 om... 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. Jack made the points I was trying to get to yesterday. I think you've backed off your original statement somewhat. I think if you stopped futures trading for one commodity, you'd have to do it for all. Many commodities are 'necessary', we just don't have them in our face every day. -- ****************************************** ***** Have a Spectacular Day! ***** ****************************************** John |
Gasoline prices - another record high/ supply and demand
"JohnH" wrote in message ... On Wed, 02 Aug 2006 11:06:18 GMT, "JoeSpareBedroom" wrote: "Jack Goff" wrote in message . .. On Wed, 02 Aug 2006 03:40:23 GMT, "JoeSpareBedroom" wrote: "Jack Goff" wrote in message m... On Tue, 01 Aug 2006 15:59:45 GMT, "JoeSpareBedroom" wrote: "Jack Goff" wrote in message news:9uduc2lvcrv430v7nv5u398botkna3e71h@4ax. com... 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. Jack made the points I was trying to get to yesterday. I think you've backed off your original statement somewhat. I think if you stopped futures trading for one commodity, you'd have to do it for all. Many commodities are 'necessary', we just don't have them in our face every day. -- ****************************************** ***** Have a Spectacular Day! ***** ****************************************** John John, within the past couple of years, how often have you said "What the hell...?" when you've seen repeated price increases for products OTHER THAN OIL? If any, name the products. |
Gasoline prices - gold as a hedge
On Wed, 02 Aug 2006 14:20:24 GMT, Shortwave Sportfishing
wrote: On 2 Aug 2006 06:11:49 -0700, "basskisser" wrote: Shortwave Sportfishing wrote: Slow steady wins the race. I don't think John Force would buy into that. John Force is an idiot. And drag racing sucks - unless it's on the street and it's a Mustang or some crappy rice burner. That's when the 'Vette teaches 'em a lesson. :) Watch your mouth! -- ****************************************** ***** Have a Spectacular Day! ***** ****************************************** John |
Gasoline prices - gold as a hedge
Shortwave Sportfishing wrote: On 2 Aug 2006 06:11:49 -0700, "basskisser" wrote: Shortwave Sportfishing wrote: Slow steady wins the race. I don't think John Force would buy into that. John Force is an idiot. And drag racing sucks - unless it's on the street and it's a Mustang or some crappy rice burner. That's when the 'Vette teaches 'em a lesson. :) John Force is a self made multi millionaire. He started with nothing, made a fortune. Drag racing is one of the most technologically advanced forms of piston engine racing there is. John Force probably started with much less than you, and built a multi million dollar conglomerate. Have you? |
Gasoline prices - another record high/ supply and demand
JohnH wrote:
It's my experience that old folks and puppies or kittens get along great together. I think it does the elderly a lot of good. What kind of pup did you get? Glad to hear she's doing well. Here in DC we're going thru a heat wave with temps at 100 and high humidity. Golf this AM was fun, but I'll bet I sweated three gallons. -- ****************************************** ***** Have a Spectacular Day! ***** ****************************************** John English Springer Spaniel Our guy (Bronson) was the only liver & white in the litter. He's the one with half a moustache.. http://goldspring_kennels.tripod.com/ note: scroll down to 'Nursery 2006' His picture is 2nd below the videos list. |
Gasoline prices - another record high/ supply and demand
On Wed, 02 Aug 2006 20:05:41 GMT, Don White wrote:
JohnH wrote: It's my experience that old folks and puppies or kittens get along great together. I think it does the elderly a lot of good. What kind of pup did you get? Glad to hear she's doing well. Here in DC we're going thru a heat wave with temps at 100 and high humidity. Golf this AM was fun, but I'll bet I sweated three gallons. -- ****************************************** ***** Have a Spectacular Day! ***** ****************************************** John English Springer Spaniel Our guy (Bronson) was the only liver & white in the litter. He's the one with half a moustache.. http://goldspring_kennels.tripod.com/ note: scroll down to 'Nursery 2006' His picture is 2nd below the videos list. Cute pup! -- ****************************************** ***** Have a Spectacular Day! ***** ****************************************** John |
Gasoline prices - another record high/ supply and demand
On Wed, 02 Aug 2006 19:13:29 GMT, "JoeSpareBedroom"
wrote: "JohnH" wrote in message .. . On Wed, 02 Aug 2006 11:06:18 GMT, "JoeSpareBedroom" wrote: "Jack Goff" wrote in message ... On Wed, 02 Aug 2006 03:40:23 GMT, "JoeSpareBedroom" wrote: "Jack Goff" wrote in message om... On Tue, 01 Aug 2006 15:59:45 GMT, "JoeSpareBedroom" wrote: "Jack Goff" wrote in message news:9uduc2lvcrv430v7nv5u398botkna3e71h@4ax .com... 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. Jack made the points I was trying to get to yesterday. I think you've backed off your original statement somewhat. I think if you stopped futures trading for one commodity, you'd have to do it for all. Many commodities are 'necessary', we just don't have them in our face every day. -- ****************************************** ***** Have a Spectacular Day! ***** ****************************************** John John, within the past couple of years, how often have you said "What the hell...?" when you've seen repeated price increases for products OTHER THAN OIL? If any, name the products. Tomatoes at Safeway. I think we should all boycott the damn stores until the price of tomatoes gets reasonable. -- ****************************************** ***** Have a Spectacular Day! ***** ****************************************** John |
Gasoline prices - another record high/ supply and demand
John, if you raise them yourself, they're cheap!
And usually better. JohnH wrote: On Wed, 02 Aug 2006 19:13:29 GMT, "JoeSpareBedroom" wrote: "JohnH" wrote in message .. . On Wed, 02 Aug 2006 11:06:18 GMT, "JoeSpareBedroom" wrote: "Jack Goff" wrote in message ... On Wed, 02 Aug 2006 03:40:23 GMT, "JoeSpareBedroom" wrote: "Jack Goff" wrote in message om... On Tue, 01 Aug 2006 15:59:45 GMT, "JoeSpareBedroom" wrote: "Jack Goff" wrote in message news:9uduc2lvcrv430v7nv5u398botkna3e71h@4ax .com... 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. Jack made the points I was trying to get to yesterday. I think you've backed off your original statement somewhat. I think if you stopped futures trading for one commodity, you'd have to do it for all. Many commodities are 'necessary', we just don't have them in our face every day. -- ****************************************** ***** Have a Spectacular Day! ***** ****************************************** John John, within the past couple of years, how often have you said "What the hell...?" when you've seen repeated price increases for products OTHER THAN OIL? If any, name the products. Tomatoes at Safeway. I think we should all boycott the damn stores until the price of tomatoes gets reasonable. -- ****************************************** ***** Have a Spectacular Day! ***** ****************************************** John |
Gasoline prices - another record high/ supply and demand
"JohnH" wrote in message ... On Wed, 02 Aug 2006 19:13:29 GMT, "JoeSpareBedroom" wrote: "JohnH" wrote in message . .. On Wed, 02 Aug 2006 11:06:18 GMT, "JoeSpareBedroom" wrote: "Jack Goff" wrote in message m... On Wed, 02 Aug 2006 03:40:23 GMT, "JoeSpareBedroom" wrote: "Jack Goff" wrote in message news:2glvc2d2vft74nhu3hlfgero9bpfnp59v8@4ax. com... On Tue, 01 Aug 2006 15:59:45 GMT, "JoeSpareBedroom" wrote: "Jack Goff" wrote in message news:9uduc2lvcrv430v7nv5u398botkna3e71h@4a x.com... 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. Jack made the points I was trying to get to yesterday. I think you've backed off your original statement somewhat. I think if you stopped futures trading for one commodity, you'd have to do it for all. Many commodities are 'necessary', we just don't have them in our face every day. -- ****************************************** ***** Have a Spectacular Day! ***** ****************************************** John John, within the past couple of years, how often have you said "What the hell...?" when you've seen repeated price increases for products OTHER THAN OIL? If any, name the products. Tomatoes at Safeway. I think we should all boycott the damn stores until the price of tomatoes gets reasonable. -- ****************************************** ***** Have a Spectacular Day! ***** ****************************************** John How about until they get tomatoes that taste like tomatoes? |
Gasoline prices - another record high/ supply and demand
On 2 Aug 2006 14:44:19 -0700, "Tim" wrote:
John, if you raise them yourself, they're cheap! And usually better. Tomatoes at Safeway. I think we should all boycott the damn stores until the price of tomatoes gets reasonable. -- I don't have a spot in my yard, except by the front sidewalk, that gets enough sun for tomatos. I've tried, believe me. If my neighbor would cut down about two big oaks, I'd have the sun I need then. I'll get them at the farmers market on Saturday. They're about $1 a pound there, and the tomatoes don't come from Argentina or some damn place. -- ****************************************** ***** Have a Spectacular Day! ***** ****************************************** John |
Gasoline prices - another record high/ supply and demand
On Wed, 02 Aug 2006 22:39:40 GMT, "Calif Bill"
wrote: "JohnH" wrote in message .. . On Wed, 02 Aug 2006 19:13:29 GMT, "JoeSpareBedroom" wrote: "JohnH" wrote in message ... On Wed, 02 Aug 2006 11:06:18 GMT, "JoeSpareBedroom" wrote: "Jack Goff" wrote in message om... On Wed, 02 Aug 2006 03:40:23 GMT, "JoeSpareBedroom" wrote: "Jack Goff" wrote in message news:2glvc2d2vft74nhu3hlfgero9bpfnp59v8@4ax .com... On Tue, 01 Aug 2006 15:59:45 GMT, "JoeSpareBedroom" wrote: "Jack Goff" wrote in message news:9uduc2lvcrv430v7nv5u398botkna3e71h@4 ax.com... 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. Jack made the points I was trying to get to yesterday. I think you've backed off your original statement somewhat. I think if you stopped futures trading for one commodity, you'd have to do it for all. Many commodities are 'necessary', we just don't have them in our face every day. -- ****************************************** ***** Have a Spectacular Day! ***** ****************************************** John John, within the past couple of years, how often have you said "What the hell...?" when you've seen repeated price increases for products OTHER THAN OIL? If any, name the products. Tomatoes at Safeway. I think we should all boycott the damn stores until the price of tomatoes gets reasonable. -- ****************************************** ***** Have a Spectacular Day! ***** ****************************************** John How about until they get tomatoes that taste like tomatoes? That would be good too. At $3 a pound, you'd think the damn things would have some flavor. -- ****************************************** ***** Have a Spectacular Day! ***** ****************************************** John |
Gasoline prices - another record high/ supply and demand
"JohnH" wrote in message ... On Wed, 02 Aug 2006 22:39:40 GMT, "Calif Bill" wrote: "JohnH" wrote in message . .. On Wed, 02 Aug 2006 19:13:29 GMT, "JoeSpareBedroom" wrote: "JohnH" wrote in message m... On Wed, 02 Aug 2006 11:06:18 GMT, "JoeSpareBedroom" wrote: "Jack Goff" wrote in message news:bt01d2hb07o4lfj077tftni3ahccqovnh6@4ax. com... On Wed, 02 Aug 2006 03:40:23 GMT, "JoeSpareBedroom" wrote: "Jack Goff" wrote in message news:2glvc2d2vft74nhu3hlfgero9bpfnp59v8@4a x.com... On Tue, 01 Aug 2006 15:59:45 GMT, "JoeSpareBedroom" wrote: "Jack Goff" wrote in message news:9uduc2lvcrv430v7nv5u398botkna3e71h@ 4ax.com... 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. Jack made the points I was trying to get to yesterday. I think you've backed off your original statement somewhat. I think if you stopped futures trading for one commodity, you'd have to do it for all. Many commodities are 'necessary', we just don't have them in our face every day. -- ****************************************** ***** Have a Spectacular Day! ***** ****************************************** John John, within the past couple of years, how often have you said "What the hell...?" when you've seen repeated price increases for products OTHER THAN OIL? If any, name the products. Tomatoes at Safeway. I think we should all boycott the damn stores until the price of tomatoes gets reasonable. -- ****************************************** ***** Have a Spectacular Day! ***** ****************************************** John How about until they get tomatoes that taste like tomatoes? That would be good too. At $3 a pound, you'd think the damn things would have some flavor. -- ****************************************** ***** Have a Spectacular Day! ***** ****************************************** John We buy ours at the local farmer stands during the season. Cheap and delicious! |
Gasoline prices - another record high/ supply and demand
AH, "hothouse" tomatos.
There's nothing like 'em (thats not a compliment, either) JohnH wrote: On Wed, 02 Aug 2006 22:39:40 GMT, "Calif Bill" wrote: "JohnH" wrote in message .. . On Wed, 02 Aug 2006 19:13:29 GMT, "JoeSpareBedroom" wrote: "JohnH" wrote in message ... On Wed, 02 Aug 2006 11:06:18 GMT, "JoeSpareBedroom" wrote: "Jack Goff" wrote in message om... On Wed, 02 Aug 2006 03:40:23 GMT, "JoeSpareBedroom" wrote: "Jack Goff" wrote in message news:2glvc2d2vft74nhu3hlfgero9bpfnp59v8@4ax .com... On Tue, 01 Aug 2006 15:59:45 GMT, "JoeSpareBedroom" wrote: "Jack Goff" wrote in message news:9uduc2lvcrv430v7nv5u398botkna3e71h@4 ax.com... 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. Jack made the points I was trying to get to yesterday. I think you've backed off your original statement somewhat. I think if you stopped futures trading for one commodity, you'd have to do it for all. Many commodities are 'necessary', we just don't have them in our face every day. -- ****************************************** ***** Have a Spectacular Day! ***** ****************************************** John John, within the past couple of years, how often have you said "What the hell...?" when you've seen repeated price increases for products OTHER THAN OIL? If any, name the products. Tomatoes at Safeway. I think we should all boycott the damn stores until the price of tomatoes gets reasonable. -- ****************************************** ***** Have a Spectacular Day! ***** ****************************************** John How about until they get tomatoes that taste like tomatoes? That would be good too. At $3 a pound, you'd think the damn things would have some flavor. -- ****************************************** ***** Have a Spectacular Day! ***** ****************************************** John |
Gasoline prices - another record high/ supply and demand
On Wed, 02 Aug 2006 17:01:14 GMT, Don White
wrote: Shortwave Sportfishing wrote: On Wed, 02 Aug 2006 01:43:36 GMT, Don White wrote: Jack Goff 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. It's apparent that Kevin's been passing out samples of his crop to you guys. Kevin who? Bacon dumbass. :) Don't you know that everybody and everything is only six degrees of separation from Kevin Bacon? ~~ sheesh ~~ :) Well, I'm hoping the separation between me & Jackoff is more like an even dozen. The separation between yourself and Jack Goff (childish namecalling and all...) is immense. I'm superior in every way. I even live in a superior country. I'm sorry for you, Don. :-) |
Gasoline prices - another record high/ supply and demand
On Wed, 02 Aug 2006 15:08:53 -0400, JohnH wrote:
On Wed, 02 Aug 2006 11:06:18 GMT, "JoeSpareBedroom" wrote: "Jack Goff" wrote in message . .. On Wed, 02 Aug 2006 03:40:23 GMT, "JoeSpareBedroom" wrote: "Jack Goff" wrote in message m... On Tue, 01 Aug 2006 15:59:45 GMT, "JoeSpareBedroom" wrote: "Jack Goff" wrote in message news:9uduc2lvcrv430v7nv5u398botkna3e71h@4ax. com... 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. Jack made the points I was trying to get to yesterday. I think you've backed off your original statement somewhat. I think if you stopped futures trading for one commodity, you'd have to do it for all. Many commodities are 'necessary', we just don't have them in our face every day. Only thing is, Joe doesn't want to stop futures trading for oil. He supports handing it over to the oil companies. Joe wrote: 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. But Joe also wrote: For oil, the design of our country (which only gets worse) mandates its use. The oil companies, knowing this, do whatever they want with the price. While the separate arguments he makes looks pretty good on their face, when you put them together it seems a bit like leaving the hen house unlocked, and handing the keys to the fox. Basically, let the bad oil companies alone set the price for the raw material they need, as they see fit? How's that gonna work? |
Gasoline prices - gold as a hedge
On Wed, 02 Aug 2006 14:20:24 GMT, Shortwave Sportfishing
wrote: On 2 Aug 2006 06:11:49 -0700, "basskisser" wrote: Shortwave Sportfishing wrote: Slow steady wins the race. I don't think John Force would buy into that. John Force is an idiot. And drag racing sucks - unless it's on the street and it's a Mustang or some crappy rice burner. That's when the 'Vette teaches 'em a lesson. :) You got a C6R? Anthing less and the new Mustang Cobra will show the 'vette the door! :-) |
Gasoline prices - another record high/ supply and demand
"JohnH" wrote in message ... On Wed, 02 Aug 2006 19:13:29 GMT, "JoeSpareBedroom" wrote: "JohnH" wrote in message . .. On Wed, 02 Aug 2006 11:06:18 GMT, "JoeSpareBedroom" wrote: "Jack Goff" wrote in message m... On Wed, 02 Aug 2006 03:40:23 GMT, "JoeSpareBedroom" wrote: "Jack Goff" wrote in message news:2glvc2d2vft74nhu3hlfgero9bpfnp59v8@4ax. com... On Tue, 01 Aug 2006 15:59:45 GMT, "JoeSpareBedroom" wrote: "Jack Goff" wrote in message news:9uduc2lvcrv430v7nv5u398botkna3e71h@4a x.com... 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. Jack made the points I was trying to get to yesterday. I think you've backed off your original statement somewhat. I think if you stopped futures trading for one commodity, you'd have to do it for all. Many commodities are 'necessary', we just don't have them in our face every day. -- ****************************************** ***** Have a Spectacular Day! ***** ****************************************** John John, within the past couple of years, how often have you said "What the hell...?" when you've seen repeated price increases for products OTHER THAN OIL? If any, name the products. Tomatoes at Safeway. I think we should all boycott the damn stores until the price of tomatoes gets reasonable. -- ****************************************** ***** Have a Spectacular Day! ***** ****************************************** John Got a Wegmans nearby? www.wegmans.com |
Gasoline prices - gold as a hedge
On Thu, 03 Aug 2006 10:35:58 GMT, Shortwave Sportfishing
wrote: On Thu, 03 Aug 2006 01:39:01 GMT, Jack Goff wrote: On Wed, 02 Aug 2006 14:20:24 GMT, Shortwave Sportfishing wrote: On 2 Aug 2006 06:11:49 -0700, "basskisser" wrote: Shortwave Sportfishing wrote: Slow steady wins the race. I don't think John Force would buy into that. John Force is an idiot. And drag racing sucks - unless it's on the street and it's a Mustang or some crappy rice burner. That's when the 'Vette teaches 'em a lesson. :) You got a C6R? Anthing less and the new Mustang Cobra will show the 'vette the door! :-) Highly unlikely. 645 hp before the NOX. :) Ahhh... traction is your problem. |
Gasoline prices - gold as a hedge
Shortwave Sportfishing wrote: On 2 Aug 2006 12:51:29 -0700, "basskisser" wrote: Shortwave Sportfishing wrote: On 2 Aug 2006 06:11:49 -0700, "basskisser" wrote: Shortwave Sportfishing wrote: Slow steady wins the race. I don't think John Force would buy into that. John Force is an idiot. And drag racing sucks - unless it's on the street and it's a Mustang or some crappy rice burner. That's when the 'Vette teaches 'em a lesson. :) John Force is a self made multi millionaire. He started with nothing, made a fortune. Drag racing is one of the most technologically advanced forms of piston engine racing there is. Right. Ever hear of F1 racing? Yes, why? Drag racing is still one of the most technologically advanced forms of piston engine racing there is. At 6000+ horsepower, an F1 engine is a horsepower midget in comparison at around 750 hp. John Force probably started with much less than you, and built a multi million dollar conglomerate. Have you? Yep. Yeah, sure...... |
Gasoline prices - another record high/ supply and demand
"Jack Goff" wrote in message
... Only thing is, Joe doesn't want to stop futures trading for oil. He supports handing it over to the oil companies. First of all, the phrase "handing it over" is a silly idea. They *already* participate in the exact same futures markets as the gamblers who are just there for the thrill. I taught you earlier that the gamblers needed to be eliminated. The gamblers often have no knowledge of what factors *really* affect oil production, which is one of the reasons the price is where it is today. You seem to like the idea of keeping the gamblers in the oil futures game, right? But, what if those same players were able to do the same thing with everything you buy in the supermarket? Would you be interested in seeing the price of vegetables double or triple because a bunch yahoos thinks the presidential election in Mexico is a major threat? That's *exactly* what you're seeing now with oil. There are industries in this country which, for many years, have had their own informal hedging methods, kept within each industry without any participation (aka "static") from the type of investor who belongs at a race track. Chemicals & groceries are two such industries. I'm in the latter industry, and my job is to help buyers cost-average their purchases based on *real* information about weather, past buying habits of the public (for which they have unbelievably accurate data), and knowledge of the corporate condition of the raw material producers. If my customers "buy wrong", it rarely hurts the retail customer because temporary price jumps are absorbed into the larger universe of past purchases. Grocery chains know they can't take a 75 cent can of beans and crank it up to $1.25 just because *they* screwed up. The product will just sit on the shelves. The difference is this: The buyers I deal with know which factors *really* affect their business, and which ones are nonsense. Want an example? You can probably come up with one. Think back to hurricane Katrina. One big thing affected almost every supermarket chain & wholesaler in the country, regardless of location. What do you think it was? |
Gasoline prices - another record high/ supply and demand
"Jack Goff" wrote in message
... While the separate arguments he makes looks pretty good on their face, when you put them together it seems a bit like leaving the hen house unlocked, and handing the keys to the fox. Basically, let the bad oil companies alone set the price for the raw material they need, as they see fit? How's that gonna work? What are you talking about??? The henhouse is *already* unlocked! The presence of non-industry gamblers in the hedging process is the largest part of the problem. Are you saying they *belong* in the futures market because they somehow keep the oil companies honest??? |
Gasoline prices - gold as a hedge
Shortwave Sportfishing wrote: On 3 Aug 2006 04:32:37 -0700, "basskisser" wrote: Shortwave Sportfishing wrote: On 2 Aug 2006 12:51:29 -0700, "basskisser" wrote: Shortwave Sportfishing wrote: On 2 Aug 2006 06:11:49 -0700, "basskisser" wrote: Shortwave Sportfishing wrote: Slow steady wins the race. I don't think John Force would buy into that. John Force is an idiot. And drag racing sucks - unless it's on the street and it's a Mustang or some crappy rice burner. That's when the 'Vette teaches 'em a lesson. :) John Force is a self made multi millionaire. He started with nothing, made a fortune. Drag racing is one of the most technologically advanced forms of piston engine racing there is. Right. Ever hear of F1 racing? Yes, why? Drag racing is still one of the most technologically advanced forms of piston engine racing there is. At 6000+ horsepower, an F1 engine is a horsepower midget in comparison at around 750 hp. John Force probably started with much less than you, and built a multi million dollar conglomerate. Have you? Yep. Yeah, sure...... Stick to things you know about Bassy... Just what is it in this previous post that you are eluding to that I don't know? Be specific. |
Gasoline prices - another record high/ supply and demand
Harry Krause wrote:
Jack Goff wrote: The separation between yourself and Jack Goff (childish namecalling and all...) is immense. I'm superior in every way. I even live in a superior country. I'm sorry for you, Don. :-) Don't know why you run from your nickname, Jackoff. It suits you to a tee. Jackoff should stick with what he does best. The United Nations lists Canada as one of the best 3 or 4 places in the world to live year after year. |
Gasoline prices - another record high/ supply and demand
"Harry Krause" wrote in message . .. Don White wrote: Harry Krause wrote: Jack Goff wrote: The separation between yourself and Jack Goff (childish namecalling and all...) is immense. I'm superior in every way. I even live in a superior country. I'm sorry for you, Don. :-) Don't know why you run from your nickname, Jackoff. It suits you to a tee. Jackoff should stick with what he does best. The United Nations lists Canada as one of the best 3 or 4 places in the world to live year after year. The US is down in the dumper on most serious places ratings surveys. Such as? |
Gasoline prices - another record high/ supply and demand
"Harry Krause" wrote in message ... JimH wrote: "Harry Krause" wrote in message . .. Don White wrote: Harry Krause wrote: Jack Goff wrote: The separation between yourself and Jack Goff (childish namecalling and all...) is immense. I'm superior in every way. I even live in a superior country. I'm sorry for you, Don. :-) Don't know why you run from your nickname, Jackoff. It suits you to a tee. Jackoff should stick with what he does best. The United Nations lists Canada as one of the best 3 or 4 places in the world to live year after year. The US is down in the dumper on most serious places ratings surveys. Such as? Here's one. There are several about: http://www.economist.com/theworldin/...3372495&d=2005 ROTF! The Economist? Nothing more than a European rag as obviously reflected in their ratings. |
Gasoline prices - another record high/ supply and demand
" JimH" jimhUNDERSCOREosudad@yahooDOTcom wrote in message
. .. "Harry Krause" wrote in message ... JimH wrote: "Harry Krause" wrote in message . .. Don White wrote: Harry Krause wrote: Jack Goff wrote: The separation between yourself and Jack Goff (childish namecalling and all...) is immense. I'm superior in every way. I even live in a superior country. I'm sorry for you, Don. :-) Don't know why you run from your nickname, Jackoff. It suits you to a tee. Jackoff should stick with what he does best. The United Nations lists Canada as one of the best 3 or 4 places in the world to live year after year. The US is down in the dumper on most serious places ratings surveys. Such as? Here's one. There are several about: http://www.economist.com/theworldin/...3372495&d=2005 ROTF! The Economist? Nothing more than a European rag as obviously reflected in their ratings. You don't believe that. Be serious, and stop trying to sabotage the discussion. |
Gasoline prices - another record high/ supply and demand
"Harry Krause" wrote in message ... JimH wrote: "Harry Krause" wrote in message ... JimH wrote: "Harry Krause" wrote in message . .. Don White wrote: Harry Krause wrote: Jack Goff wrote: The separation between yourself and Jack Goff (childish namecalling and all...) is immense. I'm superior in every way. I even live in a superior country. I'm sorry for you, Don. :-) Don't know why you run from your nickname, Jackoff. It suits you to a tee. Jackoff should stick with what he does best. The United Nations lists Canada as one of the best 3 or 4 places in the world to live year after year. The US is down in the dumper on most serious places ratings surveys. Such as? Here's one. There are several about: http://www.economist.com/theworldin/...3372495&d=2005 ROTF! The Economist? Nothing more than a European rag as obviously reflected in their ratings. Absurd. The Economist is one of the most respected publications in the world. And as I said there are any number such surveys extant. The US no longer leads the pack in such important areas as democracy, freedom of the press, lowest infant mortality rates, availability of health care, et cetera. Finland, usually, leads the pack of quality nations. Finland? A socialistic country? This is funny. Tell me more. |
Gasoline prices - another record high/ supply and demand
" JimH" jimhUNDERSCOREosudad@yahooDOTcom wrote in message ... "Harry Krause" wrote in message ... JimH wrote: "Harry Krause" wrote in message ... JimH wrote: "Harry Krause" wrote in message . .. Don White wrote: Harry Krause wrote: Jack Goff wrote: The separation between yourself and Jack Goff (childish namecalling and all...) is immense. I'm superior in every way. I even live in a superior country. I'm sorry for you, Don. :-) Don't know why you run from your nickname, Jackoff. It suits you to a tee. Jackoff should stick with what he does best. The United Nations lists Canada as one of the best 3 or 4 places in the world to live year after year. The US is down in the dumper on most serious places ratings surveys. Such as? Here's one. There are several about: http://www.economist.com/theworldin/...3372495&d=2005 ROTF! The Economist? Nothing more than a European rag as obviously reflected in their ratings. Absurd. The Economist is one of the most respected publications in the world. And as I said there are any number such surveys extant. The US no longer leads the pack in such important areas as democracy, freedom of the press, lowest infant mortality rates, availability of health care, et cetera. Finland, usually, leads the pack of quality nations. Finland? A socialistic country? This is funny. Tell me more. I'll make you a deal. You explain why a socialist country could not rate higher in terms of satisfaction, and if you do that, I'll spend my entire afternoon finding links for you, and not insult you at all. |
Gasoline prices - another record high/ supply and demand
"Harry Krause" wrote in message . .. JimH wrote: "Harry Krause" wrote in message ... JimH wrote: "Harry Krause" wrote in message ... JimH wrote: "Harry Krause" wrote in message . .. Don White wrote: Harry Krause wrote: Jack Goff wrote: The separation between yourself and Jack Goff (childish namecalling and all...) is immense. I'm superior in every way. I even live in a superior country. I'm sorry for you, Don. :-) Don't know why you run from your nickname, Jackoff. It suits you to a tee. Jackoff should stick with what he does best. The United Nations lists Canada as one of the best 3 or 4 places in the world to live year after year. The US is down in the dumper on most serious places ratings surveys. Such as? Here's one. There are several about: http://www.economist.com/theworldin/...3372495&d=2005 ROTF! The Economist? Nothing more than a European rag as obviously reflected in their ratings. Absurd. The Economist is one of the most respected publications in the world. And as I said there are any number such surveys extant. The US no longer leads the pack in such important areas as democracy, freedom of the press, lowest infant mortality rates, availability of health care, et cetera. Finland, usually, leads the pack of quality nations. Finland? A socialistic country? This is funny. Tell me more. Jim, the measurements are concerned with the quality of life for the majority of people in a country, not the ability of a tiny number of those people to become multimillionaires. In terms of democracy, freedom of the press, those others I mentioned and several more criteria, the USA is nowhere near the top. I think I mentioned here I have a Norwegian friend, a fellow who was trained to work as a technician on offshore rigs. He sustained an injury and was no longer able to work that job. The taxpayers of his country paid completely for his hospitalization and rehabilitation AND his complete reeducation at the college level in another field, and while he was attending college, he and his family received a stipend that covered expenses. He finished up a couple of years ago, got re-employed at a professional level, his kids are in college, cost-free to him, the entire family has medical care AND he has a secure decent retirement. Now, his take-home is a lot lower than it might be in the United States, BUT...his out of pocket expenses to maintain a high standard of living for his family, NO MATTER WHAT, are much lower than they are in this country. Earlier this week, the US secretary of the treasury said the "economic recovery in this country is not working for the middle class." Next. I do not believe in socialism. I do not believe that people should rely on the government for their existence or quality of life. The less control the government has over my life the happier I am. We agree to disagree. 'Nuf said. ;-) |
Gasoline prices - another record high/ supply and demand
" JimH" jimhUNDERSCOREosudad@yahooDOTcom wrote in message
. .. I do not believe in socialism. I do not believe that people should rely on the government for their existence or quality of life. The less control the government has over my life the happier I am. We agree to disagree. 'Nuf said. ;-) So, let me make sure I understand what you're saying here. If the people in a socialist country say they're very satisfied with their lives, they must be wrong because you don't believe in their system of government? |
Gasoline prices - another record high/ supply and demand
JimH wrote:
I do not believe in socialism. Well, the fact that you don't "believe in it" does not change the fact that many socialist countries have built a higher standard of living for a higher percent of their citizens. It's like old joke about infant baptism... "Believe in it? Shucks, I seen it done!" ... I do not believe that people should rely on the government for their existence or quality of life. So don't take what the gov't offers. That is always an option. Unless you personally made absolutely everything you own from scratch, starting out naked in the woods, then you are relying for your very life on organized groups of other people... in other words, some form or fashion of government. .... The less control the government has over my life the happier I am. In general I agree. OTOH if your next door neighbor decided to open a nuclear waste dump... one of the highest profit-per-square-foot businesses around... you might be hollering for the gummint to protect you. Regards Doug King |
Gasoline prices - another record high/ supply and demand
JimH wrote: "Harry Krause" wrote in message . .. JimH wrote: "Harry Krause" wrote in message ... JimH wrote: "Harry Krause" wrote in message ... JimH wrote: "Harry Krause" wrote in message . .. Don White wrote: Harry Krause wrote: Jack Goff wrote: The separation between yourself and Jack Goff (childish namecalling and all...) is immense. I'm superior in every way. I even live in a superior country. I'm sorry for you, Don. :-) Don't know why you run from your nickname, Jackoff. It suits you to a tee. Jackoff should stick with what he does best. The United Nations lists Canada as one of the best 3 or 4 places in the world to live year after year. The US is down in the dumper on most serious places ratings surveys. Such as? Here's one. There are several about: http://www.economist.com/theworldin/...3372495&d=2005 ROTF! The Economist? Nothing more than a European rag as obviously reflected in their ratings. Absurd. The Economist is one of the most respected publications in the world. And as I said there are any number such surveys extant. The US no longer leads the pack in such important areas as democracy, freedom of the press, lowest infant mortality rates, availability of health care, et cetera. Finland, usually, leads the pack of quality nations. Finland? A socialistic country? This is funny. Tell me more. Jim, the measurements are concerned with the quality of life for the majority of people in a country, not the ability of a tiny number of those people to become multimillionaires. In terms of democracy, freedom of the press, those others I mentioned and several more criteria, the USA is nowhere near the top. I think I mentioned here I have a Norwegian friend, a fellow who was trained to work as a technician on offshore rigs. He sustained an injury and was no longer able to work that job. The taxpayers of his country paid completely for his hospitalization and rehabilitation AND his complete reeducation at the college level in another field, and while he was attending college, he and his family received a stipend that covered expenses. He finished up a couple of years ago, got re-employed at a professional level, his kids are in college, cost-free to him, the entire family has medical care AND he has a secure decent retirement. Now, his take-home is a lot lower than it might be in the United States, BUT...his out of pocket expenses to maintain a high standard of living for his family, NO MATTER WHAT, are much lower than they are in this country. Earlier this week, the US secretary of the treasury said the "economic recovery in this country is not working for the middle class." Next. I do not believe in socialism. I do not believe that people should rely on the government for their existence or quality of life. The less control the government has over my life the happier I am. That's odd, the Bush administration has enacted more laws of control over you than anyone! |
Gasoline prices - another record high/ supply and demand
DSK wrote: JimH wrote: I do not believe in socialism. Well, the fact that you don't "believe in it" does not change the fact that many socialist countries have built a higher standard of living for a higher percent of their citizens. It's like old joke about infant baptism... "Believe in it? Shucks, I seen it done!" Conversely, just because *you* believe in it does not make it true. Furthermore, just because the Economist says that the folks in Finland and other socialist countries believe that have a higher standard of living does not make it true. ... I do not believe that people should rely on the government for their existence or quality of life. So don't take what the gov't offers. That is always an option. I don't take things from the government. I do, however, pay more than my fair share to it in order to support the dead beats who rely on the government for their existence. Unless you personally made absolutely everything you own from scratch, starting out naked in the woods, then you are relying for your very life on organized groups of other people... in other words, some form or fashion of government. .... The less control the government has over my life the happier I am. In general I agree. OTOH if your next door neighbor decided to open a nuclear waste dump... one of the highest profit-per-square-foot businesses around... you might be hollering for the gummint to protect you. Regards Doug King Agreed. I never stated that there should be no government controls or programs. |
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