When do you speculate this bubble will pop?Not only speculations, but pension funds and a variety of other massive financial organizations are investing in oil futures.
Generically, an oil future is the delivery for a quantity of barrels of oil of a particular grade at a particular time. Say, for instance, I can buy one contract of 40,000 barrels of light sweet at the price of $130/bl for Aug delivery. If the spot (current) price increase above $130/bl, then the value of my future increases. The actual transfer of cash is marked to market daily. However, the value of the future can deviate from the spot price if conditions warrent it.
IMO, this is just another bubble...only this time, it effects a larger group of people.
Google to find out and believe what is said as to what McCain's plans are... that's like us "conspiracy theorists" who google to find out the truth and believing everything to be true... past has proven that politicians will tell you what you want to hear and once they are in office they do what the hell they want - most recent case in point = current administrationMcCain cause I can google what he plans on doing with his views.
Obama change, change, hope, using internet and media for hype...Im gonna change the nation, but not tell you how the hell Im going to do it. When I was in office I decided to vote other so many times its not funny. I did this so I wouldnt piss anyone off...Grow some balls Obama.
Besides...1/4 of the clinton supporters have already stated they will vote for McCain so with Obama and Clinton being as close as they were...McCain will be the next president.
Right on, knew there was investment somehow, but wasn't sure on specifics. I too hope its another bubble and investors eventually turn all fraidy cat and shit gets back under control.Not only speculations, but pension funds and a variety of other massive financial organizations are investing in oil futures.
Generically, an oil future is the delivery for a quantity of barrels of oil of a particular grade at a particular time. Say, for instance, I can buy one contract of 40,000 barrels of light sweet at the price of $130/bl for Aug delivery. If the spot (current) price increase above $130/bl, then the value of my future increases. The actual transfer of cash is marked to market daily. However, the value of the future can deviate from the spot price if conditions warrent it.
IMO, this is just another bubble...only this time, it effects a larger group of people.
Because the president wakes up in the morning and decided to charge high gas prices. Hopefully the new president will wake up and decide to make gas a dollar a gallon again. //content.invisioncic.com/y282845/emoticons/laugh.gif.48439b2acf2cfca21620f01e7f77d1e4.gif
Google to find the republican party's website which IS McCain's views/goals.Google to find out and believe what is said as to what McCain's plans are... that's like us "conspiracy theorists" who google to find out the truth and believing everything to be true... past has proven that politicians will tell you what you want to hear and once they are in office they do what the hell they want - most recent case in point = current administration
What sense does it make for him to reveal his strategy this early when all that will happen is McCain will incorporate it in to his strategy to try and win more of the democratic vote to his advantage - makes no sense!!!!
that still leaves 3/4 of Clinton's voters for Obama, which also leaves 1/4 to return if is announced that she will still make it in the WH as the VP...
So now you need to hide behind Faulkton?making a mockery of the subject time and time again only shows your true ignorance - does Faulkton need to come in here and pwn you as well????
Not sure...but here is what I did notice. The TV reported we drove 11B less miles in March than normal. If we can continue that trend for several months, there will be fear entering the market. Yes, there is demand in China and India, but not at current prices unless the government subsidizes it.When do you speculate this bubble will pop?
Oh yeah, because Faulkton is the only one that pwns anyone.making a mockery of the subject time and time again only shows your true ignorance - does Faulkton need to come in here and pwn you as well????
No "they" are the country who Bush just went and visited with, "they" are a country in which we are currently occupying. "they" are those who THE GOV'T BUYS THE OIL FROMExactly...but "they" is the market price. Not a person.
Do you realize how little oil the govt actually buys? Oil servicers and refiners may buy oil, but they are not government agencies.No "they" are the country who Bush just went and visited with, "they" are a country in which we are currently occupying. "they" are those who THE GOV'T BUYS THE OIL FROM
Flip he knows everything man. He has a guy on the inside //content.invisioncic.com/y282845/emoticons/fyi.gif.9f1f679348da7204ce960cfc74bca8e0.gifDo you realize how little oil the govt actually buys? Oil servicers and refiners may buy oil, but they are not government agencies.
Our top importer of oil is Canada....blame Canada...No "they" are the country who Bush just went and visited with, "they" are a country in which we are currently occupying. "they" are those who THE GOV'T BUYS THE OIL FROM
Do you realize how little oil the govt actually buys? Oil servicers and refiners may buy oil, but they are not government agencies.
Our top importer of oil is Canada....blame Canada...