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PeakOil is You
Peak Oilers Blamed for High Oil Price
by OilsNotWell » Fri 17 Jun 2005, 18:16:48
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OilsNotWell - Heavy Crude
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by MD » Fri 17 Jun 2005, 18:50:46
Nine posts, all the same, all in one day, 
what was your first clue?
what was your first clue?Stop filling dumpsters, as much as you possibly can, and everything will get better.
Just think it through.
It's not hard to do.
Just think it through.
It's not hard to do.
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by Jaymax » Fri 17 Jun 2005, 19:18:34
Sgs-Cruz, quite.
I didn't bet my house, rather the opposite - guaranteed my mortgage incase peak oil takes my job away - but the futures I bought are all dec-08 and dec-10. Hard to see why peak-oilers would be pushing up the near term stuff.
--J
I didn't bet my house, rather the opposite - guaranteed my mortgage incase peak oil takes my job away - but the futures I bought are all dec-08 and dec-10. Hard to see why peak-oilers would be pushing up the near term stuff.
--J
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Re: Peak Oilers Blamed for High Price
by KevO » Sat 18 Jun 2005, 07:55:42
$this->bbcode_second_pass_quote('MD', 'I')t's on the news board listed as "Oil Gets More Expensive Again"
The article blames Peak Oil chatter for high oil prices!
!
The article blames Peak Oil chatter for high oil prices!
!
Thanks for posting the link dude!
http://www.thestreet.com/_googlen/stock ... &cm_ite=NA
is
"According to Evans, some of the oil price hike is based on chatter about "peak oil," a theory that world oil reserves have reached their peak and will gradually decline until the world eventually runs out of it completely."
So what else can we achieve?
KevO
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by Starvid » Sat 18 Jun 2005, 10:11:54
Hehe, just kill the messenger.
The perfect irony of it all is of course that they are right, except they don't really understand it. When people understand PO they will value the remainging oil a lot more, pushing prices upward. What they are blaiming us of is giving (probably) correct information to the market, and letting the market mechanisms work the way they are supposed to!
The perfect irony of it all is of course that they are right, except they don't really understand it. When people understand PO they will value the remainging oil a lot more, pushing prices upward. What they are blaiming us of is giving (probably) correct information to the market, and letting the market mechanisms work the way they are supposed to!
Peak oil is not an energy crisis. It is a liquid fuel crisis.
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by OilsNotWell » Mon 27 Jun 2005, 14:18:39
$this->bbcode_second_pass_quote('', 'B')ubble burst anxiety plagues oil
$70 a possibility, but price moves seen unstable: analysts
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Tim Evans, a senior analyst at IFR Markets believes "the bubble can pop at any point here from simply exhaustion."
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Overall, "the market really only has to come back to its senses," said Evans. "Inventories are already higher than a year ago, inconsistent with prices that are higher too," he said, pointing out that crude stocks are higher now than they were last June when prices hit $35.52.
Fair value right now is probably closer to $30, he said.
At the moment, the market is worried about peak oil, Iran and refining capacity, but with little evidence that the U.S. is running out of oil, Evans said.
CBS MarketWatch
$70 a possibility, but price moves seen unstable: analysts
....
Tim Evans, a senior analyst at IFR Markets believes "the bubble can pop at any point here from simply exhaustion."
...
Overall, "the market really only has to come back to its senses," said Evans. "Inventories are already higher than a year ago, inconsistent with prices that are higher too," he said, pointing out that crude stocks are higher now than they were last June when prices hit $35.52.
Fair value right now is probably closer to $30, he said.
At the moment, the market is worried about peak oil, Iran and refining capacity, but with little evidence that the U.S. is running out of oil, Evans said.
CBS MarketWatch
Some folks seem to be delusional...
Umm....hello? Earth to Tim? Oil's at $60.
Truth will be:
1) Ignored
2) Ridiculed
3) Fought
4) Accepted as self-evident.
Remember these are the kind of folks who said that high prices would create more production...now the only stop on high prices is demand destruction it seems to me...
What will you say if/when it's at $70? $80? or higher?
Oh, that's right...just a bubble....
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OilsNotWell - Heavy Crude
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by Keith_McClary » Tue 28 Jun 2005, 02:12:08
$this->bbcode_second_pass_quote('Jack', 'I')sn't it amazing how influential we are? We, with our little board and our comments, move markets and make great corporations and governments tremble.
I shall try not to let the power corrupt me. Any more, that is.
I shall try not to let the power corrupt me. Any more, that is.
You mean we can make big bucks by manipulating market opinions? Disgusting. I would never think of that. How much did you make?
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by savethehumans » Tue 28 Jun 2005, 02:26:22
$this->bbcode_second_pass_quote('', 'I')sn't it amazing how influential we are? We, with our little board and our comments, move markets and make great corporations and governments tremble.
Gee, and here I was thinking that my life, so far, has been pretty uneventful--and my influence on anybody non-existent! Thanks, Jack, for making my day!
We were only at $35.52 last June?!
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