Our company's 401K plan doesn't allow us to buy individual stocks or ETFs, if I could I would invest it all in oil. Just out of curiosity can any of you invest in oil via your 401K plan?
Oh BTW, my bro-in-law was able to buy shares in Valero via his 401K while he was employed there, just wondering if in general the majority of companies out there allow such trading/investing or is my 401K just a crappy one...
But back to the OP's original question...is nationlization of the oil industry too far fetched?
PeakOil is You
Public Awareness of PO - How will it shape the markets?
Re: Public Awareness of PO - How will it shape the markets?
by vaseline2008 » Sat 25 Feb 2012, 05:09:04
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Re: Public Awareness of PO - How will it shape the markets?
by radon » Sun 15 Apr 2012, 08:49:42
$this->bbcode_second_pass_quote('', '[')b]Why The Market Is Slowly Dying
... "what happens in a world where the very core of the capital markets system is gradually deleveraging to a point where maintaining a liquid and orderly market becomes impossible: large swings on low volume, massive bid-offer spreads, huge trading costs, inability to clear and numerous failed trades?"
...
as retail investors retrench more and more, which they will due to previously discussed secular themes as well as demographics, and HFT becomes and ever more dominant force, which it has no choice but to, liquidity and investment horizons will get ever shorter and shorter and shorter, until eventually by simple limit expansion, they hit zero, or some investing singularity, for those who are thought experiment inclined.
... "what happens in a world where the very core of the capital markets system is gradually deleveraging to a point where maintaining a liquid and orderly market becomes impossible: large swings on low volume, massive bid-offer spreads, huge trading costs, inability to clear and numerous failed trades?"
...
as retail investors retrench more and more, which they will due to previously discussed secular themes as well as demographics, and HFT becomes and ever more dominant force, which it has no choice but to, liquidity and investment horizons will get ever shorter and shorter and shorter, until eventually by simple limit expansion, they hit zero, or some investing singularity, for those who are thought experiment inclined.
http://www.zerohedge.com/news/why-market-slowly-dying
- radon
Re: Public Awareness of PO - How will it shape the markets?
by Cloud9 » Sun 15 Apr 2012, 09:41:26
Pops Lahood is RINO. He is a former social studies teacher. He has no experience in transportation or the energy sector. From his comments, I suspect he is in the camp of those who believe in abiogenic oil. His ideas run counter to what we have observed. That makes him a very dangerous man indeed and might explain why we are spending billions on roads rather than rebuilding our light rail.
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Re: Public Awareness of PO - How will it shape the markets?
by seenmostofit » Sun 15 Apr 2012, 10:53:32
I would say that peak oil has already effected and shaped the markets, and the question would be better rephrased as "Public Awareness-How will it continue to shape the markets".
If it wasn't for peak oil and the prices which came with it (the main thing that people are aware of, Americans not being much for current events, reading the newspaper or paying much attention to the world around them) we wouldn't have some of the stimuli for changes which are already happening. Be they wind farm buildouts, alternatively powered transport for Joe Six Pack, stay-cations, the reaction of the airlines to pack every flight they fly to the max, and even the surge in local economies profiting from the higher price of oil in places like North Dakota.
If it wasn't for peak oil and the prices which came with it (the main thing that people are aware of, Americans not being much for current events, reading the newspaper or paying much attention to the world around them) we wouldn't have some of the stimuli for changes which are already happening. Be they wind farm buildouts, alternatively powered transport for Joe Six Pack, stay-cations, the reaction of the airlines to pack every flight they fly to the max, and even the surge in local economies profiting from the higher price of oil in places like North Dakota.
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Re: Public Awareness of PO - How will it shape the markets?
by joewp » Tue 17 Apr 2012, 03:06:57
$this->bbcode_second_pass_quote('pstarr', '
')What a tragedy to have a fool such as him in a position of power
')What a tragedy to have a fool such as him in a position of power
You could be referring to almost any politician, bureaucrat or "business leader"...
Joe P. joeparente.com
"Only when the last tree is cut; only when the last river is polluted; only when the last fish is caught; only then will they realize that you cannot eat money." - Cree Indian Proverb
"Only when the last tree is cut; only when the last river is polluted; only when the last fish is caught; only then will they realize that you cannot eat money." - Cree Indian Proverb
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Re: Public Awareness of PO - How will it shape the markets?
by dissident » Tue 17 Apr 2012, 10:20:37
$this->bbcode_second_pass_quote('Pablo2079', 'I')'m not sure there will ever be full recognition of "Peak Oil" by the MSM.
The news will continually be cluttered up with symptoms of peak oil. The general public will associate things like "war in Iran" for the reason gas is now $7 a gallon rather than the root cause being Peak Oil. At the same time, the economy will continue to be ravaged. All Joe public will know is that they don't have a job, can't afford groceries and their house is being foreclosed on. I don't think the majority of people will take the time to research the root cause of the economic melt down or necessarily care at that point.
The news will continually be cluttered up with symptoms of peak oil. The general public will associate things like "war in Iran" for the reason gas is now $7 a gallon rather than the root cause being Peak Oil. At the same time, the economy will continue to be ravaged. All Joe public will know is that they don't have a job, can't afford groceries and their house is being foreclosed on. I don't think the majority of people will take the time to research the root cause of the economic melt down or necessarily care at that point.
You have just identified the root of the world's problems since the beginning of human history. Intellectual laziness which translates into wanting to believe any dogma or cult teaching instead of dealing with reality. This syndrome will contribute greatly to the looming cataclysm (sorry but windfarms even if they grew at 200% per year would not save us).
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Re: Public Awareness of PO - How will it shape the markets?
by Plantagenet » Tue 17 Apr 2012, 13:25:35
$this->bbcode_second_pass_quote('dissident', 'I')ntellectual laziness which translates into wanting to believe any dogma or cult teaching instead of dealing with reality.
Obama just gave a major energy speech today.
Once again he blamed high gasoline prices on evil speculators and promised to enact new government regulations to fix the problem and bring gasoline prices down again.
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