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Post by Iowafan1 on Oct 28, 2008 9:51:03 GMT -6
For the libs in the audience who bitched and moaned when oil was $145+ a barrel and begged for sanctions against the oil industry as if there was no way that oil speculators could possibly exist, oil is now trading at $63 a barrel and is dropping like a rock. Are you now going to call your Government representatives and beg for oil company bailouts? After all, oil has lost 56% of its value over the past year. The latest profit margin for gasoline is 3.1%. In the meantime, the profit margins for bottled water is 50-200%. Now, lets get moving libs! Call those Senators and Representatives and fight for oil companies to receive their God given rights to a stimulus package as well as find out why we aren't coming down hard on bottled water merchants!
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Post by twinegarden on Oct 28, 2008 10:00:44 GMT -6
You are an idiot. Reading your posts is like recording scratching on a chalkboard, putting headphones on, and playing back the noise at the highest possible volume.
I thought you said you made $60,000 at one point. You are defending the neocons as if you are one of them. Keep drinking the Kool Aid, moron.
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Post by NOTTHOR on Oct 28, 2008 10:02:15 GMT -6
I wish to restate my position from June 18th when oil was a mere $9 from its peak:
When Goldman calls for $200 a barrel oil, it makes me think they are holding the long position on enough oil futures to cover 2 years worth of oil production and they are just looking for idiots to play their little pump and dump game so some schmuck gets stuck holding the bag when the bubble bursts and Goldman can beat the Street by 2 cents and everyone lives to work another day.
A CEO who made a decision based on an expectation the price would stay there would be so screwed right now.
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Post by Iowafan1 on Oct 28, 2008 10:08:09 GMT -6
You are an idiot. Reading your posts is like recording scratching on a chalkboard, putting headphones on, and playing back the noise at the highest possible volume. I thought you said you made $60,000 at one point. You are defending the neocons as if you are one of them. Keep drinking the Kool Aid, moron. Maybe you can produce that quote?...or maybe you can't. My money is on the latter. |
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Post by Iowafan1 on Oct 28, 2008 10:12:01 GMT -6
I wish to restate my position from June 18th when oil was a mere $9 from its peak: When Goldman calls for $200 a barrel oil, it makes me think they are holding the long position on enough oil futures to cover 2 years worth of oil production and they are just looking for idiots to play their little pump and dump game so some schmuck gets stuck holding the bag when the bubble bursts and Goldman can beat the Street by 2 cents and everyone lives to work another day. A CEO who made a decision based on an expectation the price would stay there would be so screwed right now. I'll tell you what Ralphie.....if that is the case, this may be the first time in a long time to invest heavily in the airline industry as you can bet your last dollar they are hedging at least a decade's worth of fuel at today's value. The same goes for any transport company. |
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Post by Iowafan1 on Oct 28, 2008 10:15:35 GMT -6
You are an idiot. Reading your posts is like recording scratching on a chalkboard, putting headphones on, and playing back the noise at the highest possible volume. I thought you said you made $60,000 at one point. You are defending the neocons as if you are one of them. Keep drinking the Kool Aid, moron. By the way, I couldn't help but notice that you made no argument whatsoever.....just screamed and yelled a bit. |
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Post by twinegarden on Oct 28, 2008 10:22:12 GMT -6
You are an idiot. Reading your posts is like recording scratching on a chalkboard, putting headphones on, and playing back the noise at the highest possible volume. I thought you said you made $60,000 at one point. You are defending the neocons as if you are one of them. Keep drinking the Kool Aid, moron. By the way, I couldn't help but notice that you made no argument whatsoever.....just screamed and yelled a bit. I wasn't trying to make an arguement. |
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Post by Iowafan1 on Oct 28, 2008 10:23:47 GMT -6
By the way, I couldn't help but notice that you made no argument whatsoever.....just screamed and yelled a bit. I wasn't trying to make an arguement. Well, you bitched enough at me....just assumed you disagreed. Guess I was wrong. |
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Post by twinegarden on Oct 28, 2008 10:31:00 GMT -6
I wasn't trying to make an arguement. Well, you bitched enough at me....just assumed you disagreed. Guess I was wrong. Sorry if I snapped a little. I just don't like the use of the word lib, especially when it comes to someone bitching about high gas prices. I'm pretty sure that EVERYONE, liberal or conservative, was bitching about high gas prices. The thing that bothered me most about your post is that you came in like some champion of oil speculators making it sound like you thought all along like our higher gas prices during the summer were part of some great long term plan that you were in on, which is pure bullshit. Then you start throwing the word "lib" at everyone who was upset about the possibility of oil speculators driving up the gas prices. By the way, anyone who buys bottled water is a complete moron. Especially if you live in Des Moines where we have the cleanest tap water in the country. |
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Post by socal on Oct 28, 2008 12:34:24 GMT -6
Well, you bitched enough at me....just assumed you disagreed. Guess I was wrong. Sorry if I snapped a little. I just don't like the use of the word lib, especially when it comes to someone bitching about high gas prices. I'm pretty sure that EVERYONE, liberal or conservative, was bitching about high gas prices. The thing that bothered me most about your post is that you came in like some champion of oil speculators making it sound like you thought all along like our higher gas prices during the summer were part of some great long term plan that you were in on, which is pure bullshit. Then you start throwing the word "lib" at everyone who was upset about the possibility of oil speculators driving up the gas prices. By the way, anyone who buys bottled water is a complete moron. Especially if you live in Des Moines where we have the cleanest tap water in the country. Don't apologize. He's simply trying to come to grips with his cheering for / arguing for / Dixie Chicking for his being a part of this:  |
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Post by Norm "racerhawk" Parker on Oct 29, 2008 9:12:14 GMT -6
I wish to restate my position from June 18th when oil was a mere $9 from its peak: When Goldman calls for $200 a barrel oil, it makes me think they are holding the long position on enough oil futures to cover 2 years worth of oil production and they are just looking for idiots to play their little pump and dump game so some schmuck gets stuck holding the bag when the bubble bursts and Goldman can beat the Street by 2 cents and everyone lives to work another day. A CEO who made a decision based on an expectation the price would stay there would be so screwed right now. I'll tell you what Ralphie.....if that is the case, this may be the first time in a long time to invest heavily in the airline industry as you can bet your last dollar they are hedging at least a decade's worth of fuel at today's value. The same goes for any transport company. Interesting thought. Southwest Airlines hedged with fuel and they were seen as brilliant. I wonder what price they locked in awhile back when they did this? Just curious. |
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Post by Norm "racerhawk" Parker on Oct 29, 2008 9:17:54 GMT -6
For the libs in the audience who bitched and moaned when oil was $145+ a barrel and begged for sanctions against the oil industry as if there was no way that oil speculators could possibly exist, oil is now trading at $63 a barrel and is dropping like a rock. Are you now going to call your Government representatives and beg for oil company bailouts? After all, oil has lost 56% of its value over the past year. The latest profit margin for gasoline is 3.1%. In the meantime, the profit margins for bottled water is 50-200%. Now, lets get moving libs! Call those Senators and Representatives and fight for oil companies to receive their God given rights to a stimulus package as well as find out why we aren't coming down hard on bottled water merchants! A few questions: 1. Did you accurately predict that oil would drop so much? 2. Did you bitch about libs when oil was high? Of course you did. 3. Are we now going to forget about the need for alternative energy, now that everything is "fine" again? Should people continue to commute long distances, drive more, and buy up all of those SUVs that GM is trying to unload, on the premise that oil is now cheap? I say that we quit some of this partisan sniping (and you are the premier sniper), and think about ways to continue to decrease our oil consumption for the long haul. That's still a big underlying issue, and countries like Iran are quite dependent upon petro sales. Oil will go up and down. It may shoot up in the next several months again. Who knows? I see that OPEC is scrambling to decrease production as we speak. On another note, are you Everhawk? |
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Post by Iowafan1 on Oct 29, 2008 10:26:41 GMT -6
For the libs in the audience who bitched and moaned when oil was $145+ a barrel and begged for sanctions against the oil industry as if there was no way that oil speculators could possibly exist, oil is now trading at $63 a barrel and is dropping like a rock. Are you now going to call your Government representatives and beg for oil company bailouts? After all, oil has lost 56% of its value over the past year. The latest profit margin for gasoline is 3.1%. In the meantime, the profit margins for bottled water is 50-200%. Now, lets get moving libs! Call those Senators and Representatives and fight for oil companies to receive their God given rights to a stimulus package as well as find out why we aren't coming down hard on bottled water merchants! A few questions: 1. Did you accurately predict that oil would drop so much? 2. Did you bitch about libs when oil was high? Of course you did. 3. Are we now going to forget about the need for alternative energy, now that everything is "fine" again? Should people continue to commute long distances, drive more, and buy up all of those SUVs that GM is trying to unload, on the premise that oil is now cheap? I say that we quit some of this partisan sniping (and you are the premier sniper), and think about ways to continue to decrease our oil consumption for the long haul. That's still a big underlying issue, and countries like Iran are quite dependent upon petro sales. Oil will go up and down. It may shoot up in the next several months again. Who knows? I see that OPEC is scrambling to decrease production as we speak. On another note, are you Everhawk? Racer, my poor misguided liberal Brother. Of course I didn't predict that oil would drop so far. I have a broker that does that for me. The fact is that the free market will always determine how much we pay for crude and gasoline, though speculators can certainly have short term wins at common investor expense. Of course I was bitching at liberals when oil was high. "Why Iowafan1?" you ask? Because it was the liberal Republicans and the liberal Democrats who sought to, and continue to seek to bring an absolute end to the free market, oil included. The whole reason investors aren't investing is because they, much like myself, no longer have any idea whatsoever where government interference and manipulation stops and capitalism and the free market starts. We used to know that, but no longer. We are hell bent on having government involved in every f'ing aspect of our lives and it is 100% due to liberals. Sorry for the truth in sniping. The fact that I continue throwing 40% of my income at the stock market probably says I'm a glutton for punishment, but I will keep the faith that at some point during the socialist experiment our Country looks like it is getting ready to go through, people won't even recognize their Country anymore and their gonna be some kind of pissed. When that happens, I think it is a safe bet that Republicans will eject the liberals and bring Conservatism back to the GOP. Can't happen soon enough! As far as the alternative energy, I have said all along that traditional fuels and alternative fuels are not mutually exclusive.....we can have both. Having said that, it is the burden of the free market to make products that the public will want to buy....not that the government will force us to use. When they make a full size truck with plenty of room, cargo space and power that runs on water, looks appealing and is reasonably priced, I'll buy it. It hasn't happened yet and, until it does, I'm going with a full sized GMC, Chevy, Dodge or Ford pickup truck with the biggest engine available. Everhawk isn't around anymore after the compassion less liberals censored him and eventually banned him for having the nerve to use his free speech rights. |
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Post by Norm "racerhawk" Parker on Oct 30, 2008 6:51:51 GMT -6
1. GW and his ilk have been hell bent on this misguided war for a long time. It is costing US huge money, and it is the wrong choice. That's big government, and I don't agree with it. Where do my individual choices come in?
2. The government bailout. Not my idea! They're spending my money. Be a little more specific when you talk about the big bad government taking YOUR money. They're taking mine, too.
2. Your broker didn't predict oil would be at 60 bucks either. fess up.
3. You ARE everhawk.
4. You have too much time on your hands.
5. I didn't censor Eversquawk, although he is a complete asshole.
6. I agree with you about fuels.
7. This election generally sucks all the way around. You're assuming I'm a huge Obama liberal. Not so fast. I just think the McPain Palin ticket really, really sucks.
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Post by NotMyKid on Oct 30, 2008 9:51:57 GMT -6
2. Your broker didn't predict oil would be at 60 bucks either. fess up. There actually were quite a few analysts that said it would be under $70. Don't know if his broker did but if his broker did his homework there were people saying that back when oil was at $150. |
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Post by socal on Oct 30, 2008 12:23:17 GMT -6
I might rethink this whole Everhawk thing...
It would be nice to see him squirm helplessly.
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Post by Norm "racerhawk" Parker on Oct 30, 2008 12:42:36 GMT -6
2. Your broker didn't predict oil would be at 60 bucks either. fess up. There actually were quite a few analysts that said it would be under $70. Don't know if his broker did but if his broker did his homework there were people saying that back when oil was at $150. Did you? Did your broker? Really? I'd be impressed if the answer was YES, and you're now probably reaping the rewards of such a smart financial decision, right? |
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Post by NOTTHOR on Oct 30, 2008 12:49:56 GMT -6
I bought DUG (short oil companies) at 27. It hit the 80's in the past few weeks. Unfortunately, I am a colossal douche and sold it in the 30's to buy AIG.
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