Ping: ShortWave

On Tue, 11 Mar 2008 20:40:42 -0400, "Eisboch" <rce.DeleteThis@nowhere.com> wrote:

>Lost track of the thread, but this seems to support your theory regarding
>oil:
>
>http://tinyurl.com/2z83cc
>
>Eisboch
>
Might be that those buying the puts are rolling in the bucks their
long oil positions gave them. Simple spreading of risk.
I didn't look at the premiums.
There's no real reason for oil to pull back significantly.
And every reason for it to rise.
Oil is not a replaceable commodity.
Oil is not oats, corn, beans, etc.
Just plant more acreage when prices are high, and watch the
supply/demand cycle at work.
Can't do that with oil.
You use it and it's gone.
Fact of life on the planet Earth.
Mad Max is coming.

--Vic
 >> Stay informed about: Ping: ShortWave 

On Tue, 11 Mar 2008 20:40:42 -0400, "Eisboch" <rce.TakeThisOut@nowhere.com> wrote:

>Lost track of the thread, but this seems to support your theory regarding
>oil:
>
>http://tinyurl.com/2z83cc

Told 'ja. :>)

It will be interesting to see how far they take this. T. Boone
Pickens believes $55 isn't totally out of whack, but more likely
$60/65.

I've been watching the forward contracts for a couple of months - it's
really unbelievable.
 >> Stay informed about: Ping: ShortWave 

Short Wave Sportfishing wrote:
> On Tue, 11 Mar 2008 20:40:42 -0400, "Eisboch" <rce.TakeThisOut@nowhere.com> wrote:
>
>> Lost track of the thread, but this seems to support your theory regarding
>> oil:
>>
>> http://tinyurl.com/2z83cc
>
> Told 'ja. :>)
>
> It will be interesting to see how far they take this. T. Boone
> Pickens believes $55 isn't totally out of whack, but more likely
> $60/65.
>
> I've been watching the forward contracts for a couple of months - it's
> really unbelievable.

Irrational exuberance.
 >> Stay informed about: Ping: ShortWave 

On Tue, 11 Mar 2008 23:09:43 -0600, Vic Smith
<thismailautodeleted DeleteThis @comcast.net> wrote:

>There's no real reason for oil to pull back significantly.

Only if there is a global recession. Eventually rising prices will
lead to economy measures but that's a "good thing". Rising prices
will also provide incentives and funding for more exploration and
development. That's a good thing also but most experts think that
production is already at or near its all time peak. In the long term
things get worse, much worse.
 >> Stay informed about: Ping: ShortWave 

"Vic Smith" <thismailautodeleted.RemoveThis@comcast.net> wrote in message
news:n2oet3pup3ii5qt3l8rmpa7ujretp3ggdt@4ax.com...
> On Tue, 11 Mar 2008 20:40:42 -0400, "Eisboch" <rce.RemoveThis@nowhere.com> wrote:
>
>>Lost track of the thread, but this seems to support your theory regarding
>>oil:
>>
>>http://tinyurl.com/2z83cc
>>
>>Eisboch
>>
> Might be that those buying the puts are rolling in the bucks their
> long oil positions gave them. Simple spreading of risk.
> I didn't look at the premiums.
> There's no real reason for oil to pull back significantly.
> And every reason for it to rise.
> Oil is not a replaceable commodity.
> Oil is not oats, corn, beans, etc.
> Just plant more acreage when prices are high, and watch the
> supply/demand cycle at work.
> Can't do that with oil.
> You use it and it's gone.
> Fact of life on the planet Earth.
> Mad Max is coming.
>
> --Vic

If you haven't already, you may want to do some reading at this site:

http://www.lifeaftertheoilcrash.net/
 >> Stay informed about: Ping: ShortWave 

"D.Duck" <Don DeleteThis @ald.duck> wrote in message
news:MLidneDFutj5AUranZ2dnUVZ_rmjnZ2d@giganews.com...
>
>
> If you haven't already, you may want to do some reading at this site:
>
> http://www.lifeaftertheoilcrash.net/
>


Great way to start the day.

Folder for thought, even for us eternal optimists.

Eisboch
 >> Stay informed about: Ping: ShortWave 

On Wed, 12 Mar 2008 06:27:55 -0400, "Eisboch" <rce.RemoveThis@nowhere.com> wrote:

>
>"D.Duck" <Don.RemoveThis@ald.duck> wrote in message
>news:MLidneDFutj5AUranZ2dnUVZ_rmjnZ2d@giganews.com...
>>
>>
>> If you haven't already, you may want to do some reading at this site:
>>
>> http://www.lifeaftertheoilcrash.net/
>
>Great way to start the day.
>
>Folder for thought, even for us eternal optimists.

Here's some fodder for you.

There is more oil contained in the Canadian tar sand field than the
entire Middle East has ever had.

21 Trillion barrels - thats trillion with a t.

Some geologists say that there is as much oil off the coast of New
Jersey on the Continental Shelf as there has been in Saudi Arabia.

Brazil just discovered a field that is the equal to Venezuala and
Nigeria combined.

Estimates are that oil in the Artic Basin is equal to those reserves
found in Russia.

Etc., etc., etc.
 >> Stay informed about: Ping: ShortWave 

Short Wave Sportfishing wrote:
> On Wed, 12 Mar 2008 06:27:55 -0400, "Eisboch" <rce.DeleteThis@nowhere.com> wrote:
>
>> "D.Duck" <Don.DeleteThis@ald.duck> wrote in message
>> news:MLidneDFutj5AUranZ2dnUVZ_rmjnZ2d@giganews.com...
>>>
>>> If you haven't already, you may want to do some reading at this site:
>>>
>>> http://www.lifeaftertheoilcrash.net/
>> Great way to start the day.
>>
>> Folder for thought, even for us eternal optimists.
>
> Here's some fodder for you.
>
> There is more oil contained in the Canadian tar sand field than the
> entire Middle East has ever had.
>
> 21 Trillion barrels - thats trillion with a t.
>
> Some geologists say that there is as much oil off the coast of New
> Jersey on the Continental Shelf as there has been in Saudi Arabia.
>
> Brazil just discovered a field that is the equal to Venezuala and
> Nigeria combined.
>
> Estimates are that oil in the Artic Basin is equal to those reserves
> found in Russia.
>
> Etc., etc., etc.

Canada, the 51st state
 >> Stay informed about: Ping: ShortWave 

On Wed, 12 Mar 2008 07:52:00 -0400, BAR <ScrewYou DeleteThis @Your.Place> wrote:

>Short Wave Sportfishing wrote:
>> On Wed, 12 Mar 2008 06:27:55 -0400, "Eisboch" <rce DeleteThis @nowhere.com> wrote:
>>
>>> "D.Duck" <Don DeleteThis @ald.duck> wrote in message
>>> news:MLidneDFutj5AUranZ2dnUVZ_rmjnZ2d@giganews.com...
>>>>
>>>> If you haven't already, you may want to do some reading at this site:
>>>>
>>>> http://www.lifeaftertheoilcrash.net/
>>> Great way to start the day.
>>>
>>> Folder for thought, even for us eternal optimists.
>>
>> Here's some fodder for you.
>>
>> There is more oil contained in the Canadian tar sand field than the
>> entire Middle East has ever had.
>>
>> 21 Trillion barrels - thats trillion with a t.
>>
>> Some geologists say that there is as much oil off the coast of New
>> Jersey on the Continental Shelf as there has been in Saudi Arabia.
>>
>> Brazil just discovered a field that is the equal to Venezuala and
>> Nigeria combined.
>>
>> Estimates are that oil in the Artic Basin is equal to those reserves
>> found in Russia.
>>
>> Etc., etc., etc.
>
>Canada, the 51st state

Just a matter of time.
--
John
 >> Stay informed about: Ping: ShortWave 

John H. wrote:
> On Wed, 12 Mar 2008 07:52:00 -0400, BAR <ScrewYou DeleteThis @Your.Place> wrote:
>
>> Short Wave Sportfishing wrote:
>>> On Wed, 12 Mar 2008 06:27:55 -0400, "Eisboch" <rce DeleteThis @nowhere.com> wrote:
>>>
>>>> "D.Duck" <Don DeleteThis @ald.duck> wrote in message
>>>> news:MLidneDFutj5AUranZ2dnUVZ_rmjnZ2d@giganews.com...
>>>>> If you haven't already, you may want to do some reading at this site:
>>>>>
>>>>> http://www.lifeaftertheoilcrash.net/
>>>> Great way to start the day.
>>>>
>>>> Folder for thought, even for us eternal optimists.
>>> Here's some fodder for you.
>>>
>>> There is more oil contained in the Canadian tar sand field than the
>>> entire Middle East has ever had.
>>>
>>> 21 Trillion barrels - thats trillion with a t.
>>>
>>> Some geologists say that there is as much oil off the coast of New
>>> Jersey on the Continental Shelf as there has been in Saudi Arabia.
>>>
>>> Brazil just discovered a field that is the equal to Venezuala and
>>> Nigeria combined.
>>>
>>> Estimates are that oil in the Artic Basin is equal to those reserves
>>> found in Russia.
>>>
>>> Etc., etc., etc.
>> Canada, the 51st state
>
> Just a matter of time.

My only problem with making Canada the 51st state, is what will we do
with all those damn Canadians?
 >> Stay informed about: Ping: ShortWave 

"John H." <jherringnumericalone RemoveThis @yahoo.com> wrote in message
news:iskft3p4dmvqp64m8lct5onuqen18vrl0a@4ax.com...
> On Wed, 12 Mar 2008 07:52:00 -0400, BAR <ScrewYou RemoveThis @Your.Place> wrote:
>
>>Short Wave Sportfishing wrote:
>>> On Wed, 12 Mar 2008 06:27:55 -0400, "Eisboch" <rce RemoveThis @nowhere.com> wrote:
>>>
>>>> "D.Duck" <Don RemoveThis @ald.duck> wrote in message
>>>> news:MLidneDFutj5AUranZ2dnUVZ_rmjnZ2d@giganews.com...
>>>>>
>>>>> If you haven't already, you may want to do some reading at this site:
>>>>>
>>>>> http://www.lifeaftertheoilcrash.net/
>>>> Great way to start the day.
>>>>
>>>> Folder for thought, even for us eternal optimists.
>>>
>>> Here's some fodder for you.
>>>
>>> There is more oil contained in the Canadian tar sand field than the
>>> entire Middle East has ever had.
>>>
>>> 21 Trillion barrels - thats trillion with a t.
>>>
>>> Some geologists say that there is as much oil off the coast of New
>>> Jersey on the Continental Shelf as there has been in Saudi Arabia.
>>>
>>> Brazil just discovered a field that is the equal to Venezuala and
>>> Nigeria combined.
>>>
>>> Estimates are that oil in the Artic Basin is equal to those reserves
>>> found in Russia.
>>>
>>> Etc., etc., etc.
>>
>>Canada, the 51st state
>
> Just a matter of time.
> --
> John


You'll have to pry it from my cold dead fingers!
 >> Stay informed about: Ping: ShortWave 

Reginald P. Smithers III wrote:
> John H. wrote:
>> On Wed, 12 Mar 2008 07:52:00 -0400, BAR <ScrewYou.DeleteThis@Your.Place> wrote:
>>
>>> Short Wave Sportfishing wrote:
>>>> On Wed, 12 Mar 2008 06:27:55 -0400, "Eisboch" <rce.DeleteThis@nowhere.com> wrote:
>>>>
>>>>> "D.Duck" <Don.DeleteThis@ald.duck> wrote in message
>>>>> news:MLidneDFutj5AUranZ2dnUVZ_rmjnZ2d@giganews.com...
>>>>>> If you haven't already, you may want to do some reading at this site:
>>>>>>
>>>>>> http://www.lifeaftertheoilcrash.net/
>>>>> Great way to start the day.
>>>>>
>>>>> Folder for thought, even for us eternal optimists.
>>>> Here's some fodder for you.
>>>>
>>>> There is more oil contained in the Canadian tar sand field than the
>>>> entire Middle East has ever had.
>>>>
>>>> 21 Trillion barrels - thats trillion with a t.
>>>>
>>>> Some geologists say that there is as much oil off the coast of New
>>>> Jersey on the Continental Shelf as there has been in Saudi Arabia.
>>>>
>>>> Brazil just discovered a field that is the equal to Venezuala and
>>>> Nigeria combined.
>>>>
>>>> Estimates are that oil in the Artic Basin is equal to those reserves
>>>> found in Russia.
>>>>
>>>> Etc., etc., etc.
>>> Canada, the 51st state
>>
>> Just a matter of time.
>
> My only problem with making Canada the 51st state, is what will we do
> with all those damn Canadians?

Send the Quebecios to France, British Columbians back to Asia and the
rest of the country's inhabitants can go back to Great Britain.
 >> Stay informed about: Ping: ShortWave