113 comments on POLL: CLQ08 went through $140/bbl today..so, in the next 60 days, the front month price of CL will...
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113 comments on POLL: CLQ08 went through $140/bbl today..so, in the next 60 days, the front month price of CL will...
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GAIA Host Collective
Q. "Why would it be different this time?"
A. Uh, ever heard of peak oil?
Why would it be different this time?
The turkey gets heavier every day. Why should tomorrow be different?
(Ans: it's coming up Thanksgiving/Christmas)
Ahhhh.. a newbie (<10hrs at the time of this post). Being one myself, I'm not too sympathetic. I found out about PO about 8 or 9 months ago but, I pride myself in having gotten up to speed really quickly. To avoid embarrassing myself, I lurked her for a few months before signing up and posting. Had the OP even taken the time to read Gail's latest PO overview, I doubt he would have posted. If he has read, he obviously disagrees with the whole concept of PO or does not understand it.
Alan from the islands
"Q. "Why would it be different this time?"
A. Uh, ever heard of peak oil?"
So, peak oil precludes market corrections, loss of demand due to high prices & deep recessions? It is impossible that high prices cannot moderate demand? Political constraints on production in the US, Mexico, Iraq, Iran, Nigeria, and Venezuela will never change? There can be no market bubbles due to foolish speculators? Oil prices will always move in a never varying line upwards. Gone will be all those little (and sometime large) squiggles that are so common in commodity charts? If you believe that I suggest you put every dollar you can beg borrow, and steal and go long in the future market. You can't loose, right?
I didn't just fall off a turnip truck.
Did you even read the comment I responded to?
Ah, a clue to the secret new crop in Willits this year. [heh]