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Oil Bubble Burst?
Too early to tell for sure, but ShortWave's prediction may be coming true.
He had the month right too ..... July. Hope the trend holds up. Good for everybody. Eisboch |
Oil Bubble Burst?
On Jul 18, 6:14*pm, "Eisboch" wrote:
Too early to tell for sure, but ShortWave's prediction may be coming true.. He had the month right too ..... *July. Hope the trend holds up. *Good for everybody. Eisboch I was thinking the same thing. Perhaps the days of $4/gallon gas are soon to be a bad memory. |
Oil Bubble Burst?
On Jul 18, 5:22*pm, JimH wrote:
On Jul 18, 6:14*pm, "Eisboch" wrote: Too early to tell for sure, but ShortWave's prediction may be coming true. He had the month right too ..... *July. Hope the trend holds up. *Good for everybody. Eisboch I was thinking the same thing. Perhaps the days of $4/gallon gas are soon to be a bad memory. Or, it could be like giving a blind fold to someone before a firing squad... |
Oil Bubble Burst?
"Eisboch" wrote in message ... Too early to tell for sure, but ShortWave's prediction may be coming true. He had the month right too ..... July. Hope the trend holds up. Good for everybody. Eisboch Who do we thank, the Democrats? 8) I'm sure some here, well one anyway, will say that's the case. I wouldn't start the party just yet, though. |
Oil Bubble Burst?
On Jul 18, 6:48*pm, "D.Duck" wrote:
"Eisboch" wrote in message ... Too early to tell for sure, but ShortWave's prediction may be coming true. He had the month right too ..... *July. Hope the trend holds up. *Good for everybody. Eisboch Who do we thank, the Democrats? *8) *I'm sure some here, well one anyway, will say that's the case. I wouldn't start the party just yet, though. Conserving gas by Americans along with Bush's lifting of the off shore drilling ban did the trick, The Democrats have done nothing. I am sure I am not telling you anything new, |
Oil Bubble Burst?
On Jul 18, 5:55*pm, JimH wrote:
On Jul 18, 6:48*pm, "D.Duck" wrote: "Eisboch" wrote in message m... Too early to tell for sure, but ShortWave's prediction may be coming true. He had the month right too ..... *July. Hope the trend holds up. *Good for everybody. Eisboch Who do we thank, the Democrats? *8) *I'm sure some here, well one anyway, will say that's the case. I wouldn't start the party just yet, though. Conserving gas by Americans along with Bush's lifting of the off shore drilling ban did the trick, The Democrats have done nothing. I am sure I am not telling you anything new, Someone will probably give credit for fine work to Nancy Pelosi |
Oil Bubble Burst?
Tim wrote:
On Jul 18, 5:55 pm, JimH wrote: On Jul 18, 6:48 pm, "D.Duck" wrote: "Eisboch" wrote in message ... Too early to tell for sure, but ShortWave's prediction may be coming true. He had the month right too ..... July. Hope the trend holds up. Good for everybody. Eisboch Who do we thank, the Democrats? 8) I'm sure some here, well one anyway, will say that's the case. I wouldn't start the party just yet, though. Conserving gas by Americans along with Bush's lifting of the off shore drilling ban did the trick, The Democrats have done nothing. I am sure I am not telling you anything new, Someone will probably give credit for fine work to Nancy Pelosi WAFA's going to scold Warp17 in private email for that one... |
Oil Bubble Burst?
On Jul 18, 8:51*pm, DK wrote:
Tim wrote: On Jul 18, 5:55 pm, JimH wrote: On Jul 18, 6:48 pm, "D.Duck" wrote: "Eisboch" wrote in message news:ypudnTYYxNpSiBzVnZ2dnUVZ_gudnZ2d@giganews. com... Too early to tell for sure, but ShortWave's prediction may be coming true. He had the month right too ..... *July. Hope the trend holds up. *Good for everybody. Eisboch Who do we thank, the Democrats? *8) *I'm sure some here, well one anyway, will say that's the case. I wouldn't start the party just yet, though. Conserving gas by Americans along with Bush's lifting of the off shore drilling ban did the trick, The Democrats have done nothing. I am sure I am not telling you anything new, Someone will probably give credit for fine work to Nancy Pelosi WAFA's going to scold Warp17 in private email for that one... Another example of one of the trouble makers here trying to improve the tone and quality of this NG. |
Oil Bubble Burst?
JimH wrote:
On Jul 18, 6:14 pm, "Eisboch" wrote: Too early to tell for sure, but ShortWave's prediction may be coming true. He had the month right too ..... July. Hope the trend holds up. Good for everybody. Eisboch I was thinking the same thing. Perhaps the days of $4/gallon gas are soon to be a bad memory. Oil prices will fluctuate, and will probably drop below $4/gallon short term. But you can say you heard it here first, for the foreseeable future, it will continue to trend upwards, substantially more than $4/gallon. |
Oil Bubble Burst?
JimH wrote:
On Jul 18, 8:51 pm, DK wrote: Tim wrote: On Jul 18, 5:55 pm, JimH wrote: On Jul 18, 6:48 pm, "D.Duck" wrote: "Eisboch" wrote in message ... Too early to tell for sure, but ShortWave's prediction may be coming true. He had the month right too ..... July. Hope the trend holds up. Good for everybody. Eisboch Who do we thank, the Democrats? 8) I'm sure some here, well one anyway, will say that's the case. I wouldn't start the party just yet, though. Conserving gas by Americans along with Bush's lifting of the off shore drilling ban did the trick, The Democrats have done nothing. I am sure I am not telling you anything new, Someone will probably give credit for fine work to Nancy Pelosi WAFA's going to scold Warp17 in private email for that one... Another example of one of the trouble makers here trying to improve the tone and quality of this NG. Can you ask Harry for a few new lines, or maybe ask him if you can take some days off, you are getting very boring. |
Oil Bubble Burst?
On Fri, 18 Jul 2008 18:14:40 -0400, "Eisboch" wrote:
Too early to tell for sure, but ShortWave's prediction may be coming true. He had the month right too ..... July. Hope the trend holds up. Good for everybody. Let's hope so, but it's going to take a while for the crack spread to narrow and bring gas and distilltate prices down a buck or so. Assuming that demand destruction stays in the 20% range, we will see gas back down to $3.25 or so which is sustainable - there is about a dollar's worth of inflationary money in a gallon of gas/distillate due to the $145 price range. The public has woken up to the fact that we are sending half our GDP out of the country every year, drilling will become a fact despite the out of touch tactics of the Democratic leadership - the public will demand it. And they are going to destroy themselves eventually on this issue - when you have morons like Schumer declaring that we should be encouraging the Saudi's and OPEC to drill more to add to supply when we can't do it ourselves just doesn't make sense. We'll have to wait and see, but it's just like the tech bubble - a small crack and then the monster slide. Drill, nukes and get cracking on alternates - that should be the national discussion at this time. |
Oil Bubble Burst?
On Jul 18, 10:19*pm, Short Wave Sportfishing
wrote: On Fri, 18 Jul 2008 18:14:40 -0400, "Eisboch" wrote: Too early to tell for sure, but ShortWave's prediction may be coming true. He had the month right too ..... *July. Hope the trend holds up. *Good for everybody. Let's hope so, but it's going to take a while for the crack spread to narrow and bring gas and distilltate prices down a buck or so. Assuming that demand destruction stays in the 20% range, we will see gas back down to $3.25 or so which is sustainable - there is about a dollar's worth of inflationary money in a gallon of gas/distillate due to the $145 price range. *The public has woken up to the fact that we are sending half our GDP out of the country every year, drilling will become a fact despite the out of touch tactics of the Democratic leadership - the public will demand it. And they are going to destroy themselves eventually on this issue - when you have morons like Schumer declaring that we should be encouraging the Saudi's and OPEC to drill more to add to supply when we can't do it ourselves just doesn't make sense. We'll have to wait and see, but it's just like the tech bubble - a small crack and then the monster slide. Drill, nukes and get cracking on alternates - that should be the national discussion at this time. I just want to know if it gets below $2.63 ;) |
Oil Bubble Burst?
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Oil Bubble Burst?
On Jul 18, 6:14*pm, "Eisboch" wrote:
Too early to tell for sure, but ShortWave's prediction may be coming true.. He had the month right too ..... *July. Hope the trend holds up. *Good for everybody. Eisboch They should raise the price of bottled water over there, the same rate they jack the oil here..... |
Oil Bubble Burst?
On Jul 18, 8:51*pm, DK wrote:
Tim wrote: On Jul 18, 5:55 pm, JimH wrote: On Jul 18, 6:48 pm, "D.Duck" wrote: "Eisboch" wrote in message news:ypudnTYYxNpSiBzVnZ2dnUVZ_gudnZ2d@giganews. com... Too early to tell for sure, but ShortWave's prediction may be coming true. He had the month right too ..... *July. Hope the trend holds up. *Good for everybody. Eisboch Who do we thank, the Democrats? *8) *I'm sure some here, well one anyway, will say that's the case. I wouldn't start the party just yet, though. Conserving gas by Americans along with Bush's lifting of the off shore drilling ban did the trick, The Democrats have done nothing. I am sure I am not telling you anything new, Someone will probably give credit for fine work to Nancy Pelosi WAFA's going to scold Warp17 in private email for that one...- Hide quoted text - - Show quoted text - Is this poster the " floating Idiot" today?... |
Oil Bubble Burst?
"RPS" wrote in message . .. JimH wrote: On Jul 18, 6:14 pm, "Eisboch" wrote: Too early to tell for sure, but ShortWave's prediction may be coming true. He had the month right too ..... July. Hope the trend holds up. Good for everybody. Eisboch I was thinking the same thing. Perhaps the days of $4/gallon gas are soon to be a bad memory. Oil prices will fluctuate, and will probably drop below $4/gallon short term. But you can say you heard it here first, for the foreseeable future, it will continue to trend upwards, substantially more than $4/gallon. I would have to agree. The dip in prices only puts May pricing into end of July futures. That is just a short term correction in pricing, will not last. I would expect it to stay at $125 to $130 for a month before rising again. |
Oil Bubble Burst?
"JimH" wrote in message ... Conserving gas by Americans along with Bush's lifting of the off shore drilling ban did the trick, Conserving gas might have created a short term glut causing the prices to drop. But opening new oilfields takes years before the first drop hits the market. The Democrats have done nothing. They would have it at $6 gallon. |
Oil Bubble Burst?
On Jul 19, 8:25*am, "Canuck57" wrote:
"JimH" wrote in message ... Conserving gas by Americans along with Bush's lifting of the off shore drilling ban did the trick, Conserving gas might have created a short term glut causing the prices to drop. *But opening new oilfields takes years before the first drop hits the market. The Democrats have done nothing. They would have it at $6 gallon. Only according to the dems.. Real drillers who are interviewed say within a year in some cases...not 10 as the Pelosi crime gang would suggest.. |
Oil Bubble Burst?
On Jul 18, 10:30*pm, Short Wave Sportfishing
wrote: On Fri, 18 Jul 2008 19:23:05 -0700 (PDT), wrote: On Jul 18, 10:19*pm, Short Wave Sportfishing wrote: On Fri, 18 Jul 2008 18:14:40 -0400, "Eisboch" wrote: Too early to tell for sure, but ShortWave's prediction may be coming true. He had the month right too ..... *July. Hope the trend holds up. *Good for everybody. Let's hope so, but it's going to take a while for the crack spread to narrow and bring gas and distilltate prices down a buck or so. Assuming that demand destruction stays in the 20% range, we will see gas back down to $3.25 or so which is sustainable - there is about a dollar's worth of inflationary money in a gallon of gas/distillate due to the $145 price range. *The public has woken up to the fact that we are sending half our GDP out of the country every year, drilling will become a fact despite the out of touch tactics of the Democratic leadership - the public will demand it. And they are going to destroy themselves eventually on this issue - when you have morons like Schumer declaring that we should be encouraging the Saudi's and OPEC to drill more to add to supply when we can't do it ourselves just doesn't make sense. We'll have to wait and see, but it's just like the tech bubble - a small crack and then the monster slide. Drill, nukes and get cracking on alternates - that should be the national discussion at this time. I just want to know if it gets below $2.63 ;) Eventually. *:)- Hide quoted text - - Show quoted text - Yeah, but if it happens before the end of the year... ;) |
Oil Bubble Burst?
wrote in message ... On Jul 18, 8:51 pm, DK wrote: Tim wrote: On Jul 18, 5:55 pm, JimH wrote: On Jul 18, 6:48 pm, "D.Duck" wrote: "Eisboch" wrote in message news:ypudnTYYxNpSiBzVnZ2dnUVZ_gudnZ2d@giganews. com... Too early to tell for sure, but ShortWave's prediction may be coming true. He had the month right too ..... July. Hope the trend holds up. Good for everybody. Eisboch Who do we thank, the Democrats? 8) I'm sure some here, well one anyway, will say that's the case. I wouldn't start the party just yet, though. Conserving gas by Americans along with Bush's lifting of the off shore drilling ban did the trick, The Democrats have done nothing. I am sure I am not telling you anything new, Someone will probably give credit for fine work to Nancy Pelosi WAFA's going to scold Warp17 in private email for that one...- Hide quoted text - - Show quoted text - Is this poster the " floating Idiot" today?... ----------------------------------------------------------------- More like the 'sinking' idiot. |
Oil Bubble Burst?
Don White wrote:
wrote in message ... On Jul 18, 8:51 pm, DK wrote: Tim wrote: On Jul 18, 5:55 pm, JimH wrote: On Jul 18, 6:48 pm, "D.Duck" wrote: "Eisboch" wrote in message ... Too early to tell for sure, but ShortWave's prediction may be coming true. He had the month right too ..... July. Hope the trend holds up. Good for everybody. Eisboch Who do we thank, the Democrats? 8) I'm sure some here, well one anyway, will say that's the case. I wouldn't start the party just yet, though. Conserving gas by Americans along with Bush's lifting of the off shore drilling ban did the trick, The Democrats have done nothing. I am sure I am not telling you anything new, Someone will probably give credit for fine work to Nancy Pelosi WAFA's going to scold Warp17 in private email for that one...- Hide quoted text - - Show quoted text - Is this poster the " floating Idiot" today?... ----------------------------------------------------------------- More like the 'sinking' idiot. What's even funnier is the attempt to credit President Idiot with the bitty decline in oil prices. The decline is due to diminished demand. |
Oil Bubble Burst?
On Jul 18, 10:03*pm, RPS wrote:
JimH wrote: Can you ask Harry for a few new lines, or maybe ask him if you can take some days off, you are getting very boring. Another new handle Reggie? |
Oil Bubble Burst?
"HK" wrote in message ... What's even funnier is the attempt to credit President Idiot with the bitty decline in oil prices. The decline is due to diminished demand. Nope. A 2 percent decline in demand over several months doesn't equate to a 15-16 percent price drop in three days. Eisboch |
Oil Bubble Burst?
Eisboch wrote:
"HK" wrote in message ... What's even funnier is the attempt to credit President Idiot with the bitty decline in oil prices. The decline is due to diminished demand. Nope. A 2 percent decline in demand over several months doesn't equate to a 15-16 percent price drop in three days. Eisboch Surely you are not claiming the volatility in oil prices at the levels they are these days is due to anything other than the day to day vagaries of the marketplace and those who manipulate the market. Gasoline was about a buck and a quarter when Bush took office. It's about four bucks now. There's a price to be paid for Bush neglect of matters of important, and four bucks a gallon is one of the prices we are paying. Remember poor, maligned Jimmy Carter? About 30 years ago, he urged us to cap the amount of oil we were importing, and to force automakers to take the steps necessary to manufacturer 48 mpg cars, and to develop alternative sources of energy. Had we followed that advice then, we'd be in far better shape today. But in the last eight years, especially, we've had President Neglectful and his sidekick, Vice President Halliburton, screwing the country and its citizens. No more. |
Oil Bubble Burst?
On Sat, 19 Jul 2008 20:00:57 -0400, hk wrote:
Remember poor, maligned Jimmy Carter? About 30 years ago, he urged us to cap the amount of oil we were importing, and to force automakers to take the steps necessary to manufacturer 48 mpg cars, and to develop alternative sources of energy. Carter, Ford and Nixon were the last American presidents who thought "America." Every one since has thought "business" even when that weakened our underpinnings. America will continue to go downhill until it gets back to work, actually producing the goods it consumes. That's going to be a big change for its citizens, because they've become accustomed to cheap foreign goods and voodoo economics ignoring balance of trade and national debt. It's been a good hedonistic ride, but the legs are going to fall off the horse. 'Course I was saying that 25 years ago. Surprising to still be in the saddle. Yipeeee! The only guys of prominence agreeing with me are Pat Buchanan and Lou Dobbs. I'm a lonely feller. --Vic |
Oil Bubble Burst?
On Sat, 19 Jul 2008 20:00:57 -0400, hk wrote:
Remember poor, maligned Jimmy Carter? About 30 years ago, he urged us to cap the amount of oil we were importing, and to force automakers to take the steps necessary to manufacturer 48 mpg cars, and to develop alternative sources of energy. I remember. His plan to be "energy independent" by the year 2000 was laughed at. You think we would be in Iraq right now, if we had followed his plan? Also interesting to note, McCain is proposing an energy independent plan by the year 2025. Sometimes Republicans seem a little slow to me. ;-) http://cbs2.com/campaign08/mccain.en....2.757123.html |
Oil Bubble Burst?
RPS wrote:
JimH wrote: On Jul 18, 8:51 pm, DK wrote: Tim wrote: On Jul 18, 5:55 pm, JimH wrote: On Jul 18, 6:48 pm, "D.Duck" wrote: "Eisboch" wrote in message ... Too early to tell for sure, but ShortWave's prediction may be coming true. He had the month right too ..... July. Hope the trend holds up. Good for everybody. Eisboch Who do we thank, the Democrats? 8) I'm sure some here, well one anyway, will say that's the case. I wouldn't start the party just yet, though. Conserving gas by Americans along with Bush's lifting of the off shore drilling ban did the trick, The Democrats have done nothing. I am sure I am not telling you anything new, Someone will probably give credit for fine work to Nancy Pelosi WAFA's going to scold Warp17 in private email for that one... Another example of one of the trouble makers here trying to improve the tone and quality of this NG. Can you ask Harry for a few new lines, or maybe ask him if you can take some days off, you are getting very boring. Warp17 defaults to repetition when he has nothing else to say. If he's learned anything from WAFA, it's never to ignore a post from the "enemies" of the three stooges as sad and pathetic as that is. |
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