[allenwrench]

$this->bbcode_second_pass_quote('KillTheHumans', '')$this->bbcode_second_pass_quote('MattSavinar', 'N')o, this is not "TSHTF".


Matt Says Meet Up While You Can!



Matt Vs Survival Acres Bloggers!

.

[allenwrench]

$this->bbcode_second_pass_quote('hope_full', 'O')k, this is more than a little frightening. Am I the only one, or has anyone else here needed a fresh change of undies after reading these posts?

Yikes. I thought we had a few more months before things got "ugly."

I think I need a hug...

HF

[DantesPeak]

$this->bbcode_second_pass_quote('KillTheHumans', '
')Myself, staying on topic, I'm amazed that anyone who was around and watched the 70's unfold thinks that what is happening is any different than what has happened during other oil price shock led recessions.

[catbox]

I have a feeling...now...it's just a feeling....but the situation at hand will make the 70's look like peanuts.....little crushed up and stepped on peanut shells really.....like after a baseball game at one of the zillion dollar stadiums.

While the previews are showing, I am going to take a break from all this news and stuff and turn off the puter for a few days.

catbox

[KillTheHumans]

$this->bbcode_second_pass_quote('allenwrench', '
')
Right, independents will go under and the trucking companies will just tack the $$ to raise the rate.

[KillTheHumans]

$this->bbcode_second_pass_quote('allenwrench', '
')
I was on his forum (under a different name) and he banned me after just a few hours there.

Wont go back - poor leadership that encourage wrong thinking that leads to wrong actions.

[KillTheHumans]

$this->bbcode_second_pass_quote('DantesPeak', '')$this->bbcode_second_pass_quote('KillTheHumans', '
')Myself, staying on topic, I'm amazed that anyone who was around and watched the 70's unfold thinks that what is happening is any different than what has happened during other oil price shock led recessions.

[jdumars]

I believe very strongly that we'll see a retracement on Monday, perhaps $2-3 lower. It won't be much, but don't look for prices to rise above current levels.

The pattern in play seems to be stress building up to Friday where it reaches an unstable high. Then people take the weekend, indulge in their various fantasies, substances and reassuring cornucopian lifestyles and come back Monday ready to sell. It's really interesting to see this massive cognitive dissonance in the market.

Did anyone happen to see this article:

http://biz.yahoo.com/ap/080607/oil_prices_bodman.html

$this->bbcode_second_pass_quote('', 'S')amuel Bodman, attending two days of meetings in northern Japan among energy chiefs from Group of Eight industrialized countries and other top economies, said the surge in world oil prices was largely a simple problem of supply and demand.

Production has stalled since 2005 at 85 million barrels a day, while economic growth -- particularly in China and India -- has pushed demand ever higher, Bodman said before a meeting of ministers from the U.S., Japan, South Korea, India and China.

"We're in a difficult position where we have a lid on production and we have increasing demand in the world," he told a small group of reporters, dismissing the effects of speculation and unclear inventory levels and other factors on oil prices.

"I would devoutly hope we ... see a reduction of the use of oil in the world on the one hand, and an increase in the supply so we can see some mitigation in the pressure on price," Bodman said.

[eastbay]

$this->bbcode_second_pass_quote('DantesPeak', '')$this->bbcode_second_pass_quote('KillTheHumans', '
')Myself, staying on topic, I'm amazed that anyone who was around and watched the 70's unfold thinks that what is happening is any different than what has happened during other oil price shock led recessions.

[BigTex]

$this->bbcode_second_pass_quote('some_guy282', '')$this->bbcode_second_pass_quote('BigTex', 'W')hat I don't understand is why the truckers aren't just passing along the higher fuel cost to their customers in the form of a fuel surcharge. A lot of freight contracts have the fuel surcharge based simply upon a formula that uses the average price of diesel above a certain level to calculate it.

[sittinguy]

Why do you think were stuck with, an old man, a shedevil, and a black man??????? All the smart ones know whats about to happen and they are thinking

HELL NO,, I'm not runnig

[dinopello]

$this->bbcode_second_pass_quote('jdumars', ' ')Then people take the weekend, indulge in their various fantasies, substances and reassuring cornucopian lifestyles ...

[TreeFarmer]

jdumars I had just read that quote before coming over to the boards. It is interesting that he quotes 2005 as the level at which we are still producing, right in line with what everyone else here has been aware of for some time now.

Three years of flat production is really takign its toll.

TF

[KillTheHumans]

$this->bbcode_second_pass_quote('TreeFarmer', '
')Three years of flat production is really takign its toll.

TF

[FLFireman]

$this->bbcode_second_pass_quote('dinopello', '')$this->bbcode_second_pass_quote('jdumars', ' ')Then people take the weekend, indulge in their various fantasies, substances and reassuring cornucopian lifestyles ...

[KillTheHumans]

$this->bbcode_second_pass_quote('FLFireman', '
')
Ah, Gas on credit cards, got to love it.........

[HEADER_RACK]

$this->bbcode_second_pass_quote('KillTheHumans', '')$this->bbcode_second_pass_quote('TreeFarmer', '
')Three years of flat production is really takign its toll.

TF

[KillTheHumans]

$this->bbcode_second_pass_quote('HEADER_RACK', '')$this->bbcode_second_pass_quote('KillTheHumans', '')$this->bbcode_second_pass_quote('TreeFarmer', '
')Three years of flat production is really takign its toll.

TF

[DantesPeak]

$this->bbcode_second_pass_quote('KillTheHumans', '')$this->bbcode_second_pass_quote('HEADER_RACK', '')$this->bbcode_second_pass_quote('KillTheHumans', '')$this->bbcode_second_pass_quote('TreeFarmer', '
')Three years of flat production is really takign its toll.

TF

[KillTheHumans]

$this->bbcode_second_pass_quote('DantesPeak', '
')
Whether we make a marginal new high or not in US oil output, which counts ethanol as oil, no longer matters.