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NYMEX Crude Oil (Light) ........................121.20 5.64 NYMEX NYH RBOB Gasoline (Globex) ...... 3.0421 .1318

Don’t worry, just a little bump - $70 is just around the corner. Short traders just keep making those margin calls, mortgage the house if you have to. Fortunes await you! PO is for pansies and doomers. At $70 short some more ..... it is going back to $22 .... the world is awash with oil ........ reality has nothing to do with it, its all in those charts!!!!!!!!!!

SELL SELL SELL

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Author Message
  Topic: US warns Russia on nuclear bombers in Cuba
alecifel

Replies: 27
Views: 1857

PostForum: Current Events   Posted: Thu Jul 24, 2008 11:35 am   Subject: Re: US warns Russia on nuclear bombers in Cuba
you know if the US don't back off with this stupid f***** missile shield, then the US may be toastSome of you people truly live in an alternate universe. Please tell me what country could "toast" the ...
  Topic: 400 billion barrels in the Arctic!
alecifel

Replies: 19
Views: 1577

PostForum: Peak Oil Discussion   Posted: Thu Jul 24, 2008 11:26 am   Subject: Re: 400 billion barrels in the Arctic!
The original poster is right the 400 billion figure is BS. And even it were true it is only 13 years worth of world consumption.I know, it's a mere 50 trillion dollars worth of oil. Laugh about the w ...
  Topic: how long will demand destruction keep oil at bay
alecifel

Replies: 30
Views: 2071

PostForum: Peak Oil Discussion   Posted: Wed Jul 23, 2008 12:54 pm   Subject: Re: how long will demand destruction keep oil at bay
Owning a producing well is one thing. That's what American producers do when there's a fall in prices. But a state-owned oil company, particularly in a country where oil is the only revenue there is ...
  Topic: how long will demand destruction keep oil at bay
alecifel

Replies: 30
Views: 2071

PostForum: Peak Oil Discussion   Posted: Wed Jul 23, 2008 12:21 pm   Subject: Re: how long will demand destruction keep oil at bay
I don't think demand destruction is going to keep "oil at bay". Demand destruction is the MANIFESTATION of peak oil. That's why I think Campbell's Oil Depletion Protocol is a nice concept but redundan ...
  Topic: Commodities Signal Bubble Bursting
alecifel

Replies: 30
Views: 1879

PostForum: Economics & Finance   Posted: Tue Jul 01, 2008 7:02 am   Subject: Re: Commodities Signal Bubble Bursting


So I am a rich Saudi and I have a billion dollars to deploy. Where will I put it? I already have a plane, 17 Mercedes Benz cars, 23 wives, 7 houses and a submarine on order (I would like to buy ...
  Topic: Commodities Signal Bubble Bursting
alecifel

Replies: 30
Views: 1879

PostForum: Economics & Finance   Posted: Mon Jun 30, 2008 5:52 pm   Subject: Re: Commodities Signal Bubble Bursting
I guess the whole issue is inflation or deflation? Typically deflation is the result of a glut. I think you'll see a lot of deflation on things that we have a glut of... hot dog griddles, styrofoam ...
  Topic: Commodities Signal Bubble Bursting
alecifel

Replies: 30
Views: 1879

PostForum: Economics & Finance   Posted: Mon Jun 30, 2008 5:40 pm   Subject: Re: Commodities Signal Bubble Bursting
Copper production peaked worldwide in 2004. That's why bums can make a pretty good load of cash stripping copper wire and wheelbarrowing it in. The market, however, does not seem to realize that $4 ...
  Topic: Oil down less than 1$ . . .
alecifel

Replies: 30
Views: 2419

PostForum: Peak Oil Discussion   Posted: Mon Jun 16, 2008 4:24 pm   Subject: Re: Oil down less than 1$ . . .
If we're going up 3 bucks a day, I see .gov intervention way before the Fall. Or is that, the fall?

What form of .gov intervention do you forsee?
  Topic: Building a home for peak oil
alecifel

Replies: 9
Views: 998

PostForum: Planning For The Future   Posted: Sun Jun 15, 2008 10:51 am   Subject: Re: Building a home for peak oil
1200/year taxes for undeveloped land? How many acres do you have? I have about 4 and my taxes are 25 dollars/year.

I recommend an Earthship. find a local tire dump and start hauling them home. ...
  Topic: Gardeners, this is the starving time.
alecifel

Replies: 71
Views: 6192

PostForum: Planning For The Future   Posted: Thu Jun 12, 2008 8:49 pm   Subject: Re: Gardeners, this is the starving time.
Blackberries. Took a walk in my woods, blackberries as far as the eye could see!

I see Pops' point, though. When the Great Hunger comes there are going to be a lot of disappointed people come s ...
  Topic: Are they coming clean? (Saudi Arabia summons VIP's)
alecifel

Replies: 8
Views: 836

PostForum: Geopolitics   Posted: Wed Jun 11, 2008 8:30 pm   Subject: Re: Are they coming clean? (Saudi Arabia summons VIP's)
Why, indeed Peepers.

I tend to agree with that very logical assessment, as most would. But the Sauds now are in a predicament.

If they don't announce they're in depletion, then the world has to ...
  Topic: Are they coming clean? (Saudi Arabia summons VIP's)
alecifel

Replies: 8
Views: 836

PostForum: Geopolitics   Posted: Wed Jun 11, 2008 7:41 pm   Subject: Re: Are they coming clean? (Saudi Arabia summons VIP's)
Story Link

RIYADH (Reuters) - Saudi Arabia, the top world oil exporter, wants heads of state to attend a June 22 meeting it is hosting of producers and consumers to discuss record oil prices, diplo ...
  Topic: Review of Kunstler's World Made by Hand
alecifel

Replies: 58
Views: 5012

PostForum: Book/Media Reviews   Posted: Wed Jun 11, 2008 7:24 pm   Subject: Re: Kunstler's World Made By Hand
I'm not overly fond of JHK, given his snooty anti-southern bent and tendency towards gross bigotry. He's also a doomer of the first class, a linear-thinking wilderness crank casting projections based ...
  Topic: Are they coming clean? (Saudi Arabia summons VIP's)
alecifel

Replies: 8
Views: 836

PostForum: Geopolitics   Posted: Wed Jun 11, 2008 7:04 pm   Subject: Are they coming clean? (Saudi Arabia summons VIP's)
They've summoned the who's who to Riyahd. Is this the announcement we've been waiting for? Looking for your views.

NJA
  Topic: Financial Times: IEA "candid admission" of supply
alecifel

Replies: 54
Views: 3440

PostForum: Peak Oil Discussion   Posted: Tue Jun 10, 2008 8:03 pm   Subject: Re: Financial Times: IEA "candid admission" of sup
I'm not a doomer, either, and find them generally amusing. The sad truth to the matter is that the longer the world waits to deal with this problem the more likely the "doom" scenarios are to happen.
 
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