Page 1 of 2 12 LastLast
Results 1 to 15 of 18
  1. #1
    Pro
    Points: 70,855, Level: 82
    Level completed: 65%, Points required for next Level: 595
    Overall activity: 0%
    Achievements:
    SocialRecommendation Second ClassVeteran50000 Experience Points
    JonDMiller's Avatar
    Join Date
    Jun 2006
    Posts
    2,522
    Points
    70,855
    Level
    82
    Thumbs Up
    Received: 0
    Given: 0

    Oil Bubble article...good read

    'Until things are brighter, I'm the man in black.'

  2. #2
    Addict
    Points: 83,454, Level: 89
    Level completed: 84%, Points required for next Level: 296
    Overall activity: 12.0%
    Achievements:
    SocialVeteran50000 Experience Points

    Join Date
    Apr 2006
    Location
    Hudson, Iowa
    Posts
    8,008
    Points
    83,454
    Level
    89
    Thumbs Up
    Received: 24
    Given: 14

    Re: Oil Bubble article...good read

    Good article, but trading at $120 isnt' exactly a bubble collapse yet when oil was at $30 per barrel just 5 or 6 years ago.

    The fundementals still suggest higher oil prices are here to stay.



  3. #3
    Speechless
    Points: 717,837, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 29.0%
    Achievements:
    SocialVeteranCreated Album pictures50000 Experience PointsOverdrive

    Join Date
    Apr 2006
    Location
    A pineapple under the sea
    Posts
    45,691
    Points
    717,837
    Level
    100
    Thumbs Up
    Received: 467
    Given: 245

    Re: Oil Bubble article...good read

    The pleasant thing here is that, if the slide continues, the sting will be remembered by speculators for a while. Hopefully that memory will provide stability to the market.



  4. #4
    Speechless
    Points: 380,872, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 79.0%
    Achievements:
    SocialOverdriveVeteran50000 Experience Points
    Wesley's Avatar
    Join Date
    Apr 2006
    Location
    Omaha
    Posts
    55,557
    Points
    380,872
    Level
    100
    Thumbs Up
    Received: 144
    Given: 114

    Re: Oil Bubble article...good read

    Oil should go no lower than $100 where price support exists.


    CFH HMagic bball season next year.
    Let my Fred's Four Horsemen ride: Georges, Hogue, Nader, and McKay.

  5. #5
    Addict
    Points: 80,367, Level: 88
    Level completed: 13%, Points required for next Level: 1,583
    Overall activity: 3.0%
    Achievements:
    Veteran50000 Experience Points
    jumbopackage's Avatar
    Join Date
    Sep 2007
    Posts
    5,452
    Points
    80,367
    Level
    88
    Thumbs Up
    Received: 0
    Given: 1

    Re: Oil Bubble article...good read

    Quote Originally Posted by Bobber View Post
    Good article, but trading at $120 isnt' exactly a bubble collapse yet when oil was at $30 per barrel just 5 or 6 years ago.

    The fundementals still suggest higher oil prices are here to stay.
    I'd say the basis is probably not too far below where it's trading at today. There was certainly SOME speculation involved in this latest build-up, but there were fundamental reasons for some of that speculation that simply haven't been addressed, though it's good news that US consumption has declined significantly.

    I don't think we will ever see $30/bbl oil again. The supply of $30bbl oil just isn't there (i.e. oil costs more to extract and deliver than $30/bbl at the current rates of consumption).


    "Homemade beer, after all, is like a democracy. Every so often, youíre gonna hate what comes out of it. But when itís good, itís the best." - woot.com

  6. #6
    Hall-Of-Famer
    Points: 45,747, Level: 66
    Level completed: 15%, Points required for next Level: 1,203
    Overall activity: 1.0%
    Achievements:
    Veteran25000 Experience Points

    Join Date
    Mar 2006
    Posts
    3,744
    Points
    45,747
    Level
    66
    Thumbs Up
    Received: 33
    Given: 0

    Re: Oil Bubble article...good read

    I've posted this before, but imo nothing will affect the price of oil more than the rhetoric and our relationship with Iran. We've backed off for now, but if the rhetoric steps up and bombing Iran looks imminent (by either us or Israel), we'll see oil skyrocket again. If Iran is actually bombed, $150 oil will look cheap.



  7. #7
    Pro
    Points: 50,559, Level: 69
    Level completed: 58%, Points required for next Level: 591
    Overall activity: 1.0%
    Achievements:
    Veteran50000 Experience Points
    pyrocyz's Avatar
    Join Date
    Jun 2006
    Location
    Ames
    Posts
    2,828
    Points
    50,559
    Level
    69
    Thumbs Up
    Received: 2
    Given: 0

    Re: Oil Bubble article...good read

    I am going to predict that oil will be below 100 dollars per barrel by the end of the month. The market took another 3 dollar drop today and there has only been one day in the past month that it rose.



  8. #8
    Pro
    Points: 38,028, Level: 60
    Level completed: 15%, Points required for next Level: 1,022
    Overall activity: 1.0%
    Achievements:
    Veteran25000 Experience Points
    acrozier22's Avatar
    Join Date
    Mar 2006
    Location
    In van down by the river!
    Posts
    2,595
    Points
    38,028
    Level
    60
    Thumbs Up
    Received: 1
    Given: 0

    Re: Oil Bubble article...good read

    I predict that I have no idea where oil will be at any point in the future...



  9. #9
    Pro
    Points: 56,750, Level: 73
    Level completed: 80%, Points required for next Level: 300
    Overall activity: 4.0%
    Achievements:
    Veteran50000 Experience Points
    jtdoyle1's Avatar
    Join Date
    Apr 2006
    Location
    Ankeny, IA
    Posts
    2,091
    Points
    56,750
    Level
    73
    Thumbs Up
    Received: 31
    Given: 1

    Re: Oil Bubble article...good read

    Even if oil prices drop I hope that americans continue to curb oil usage and look into other energy sources and technology.



  10. #10
    Starter
    Points: 11,643, Level: 32
    Level completed: 57%, Points required for next Level: 307
    Overall activity: 0%
    Achievements:
    Veteran10000 Experience Points

    Join Date
    Dec 2007
    Location
    Pleasant Hill
    Posts
    712
    Points
    11,643
    Level
    32
    Thumbs Up
    Received: 0
    Given: 0

    Re: Oil Bubble article...good read

    Quote Originally Posted by acrozier22 View Post
    I predict that I have no idea where oil will be at any point in the future...
    That is the most accurate quote I have heard in regards to the oil market in a long time...



  11. #11
    Speechless
    Points: 380,872, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 79.0%
    Achievements:
    SocialOverdriveVeteran50000 Experience Points
    Wesley's Avatar
    Join Date
    Apr 2006
    Location
    Omaha
    Posts
    55,557
    Points
    380,872
    Level
    100
    Thumbs Up
    Received: 144
    Given: 114

    Re: Oil Bubble article...good read

    So where have the speculators moved off to? Or did they lose their shirts?


    CFH HMagic bball season next year.
    Let my Fred's Four Horsemen ride: Georges, Hogue, Nader, and McKay.

  12. #12
    Speechless
    Points: 717,837, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 29.0%
    Achievements:
    SocialVeteranCreated Album pictures50000 Experience PointsOverdrive

    Join Date
    Apr 2006
    Location
    A pineapple under the sea
    Posts
    45,691
    Points
    717,837
    Level
    100
    Thumbs Up
    Received: 467
    Given: 245

    Re: Oil Bubble article...good read

    Quote Originally Posted by acrozier22 View Post
    I predict that I have no idea where oil will be at any point in the future...
    I'm hoping that it settles in the $90-$100 range, but you're right, I'm just pulling that one out of my *** as well.



  13. #13
    Addict
    Points: 131,906, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 0%
    Achievements:
    SocialVeteran50000 Experience Points
    joefrog's Avatar
    Join Date
    Apr 2008
    Location
    Clive, Iowa
    Posts
    6,435
    Points
    131,906
    Level
    100
    Thumbs Up
    Received: 8
    Given: 49

    Re: Oil Bubble article...good read

    Quote Originally Posted by Wesley View Post
    So where have the speculators moved off to? Or did they lose their shirts?
    They are making money. You can make money shorting markets also. Here is a hint: insiders are always making money, lots of it. Even in harsh times. That is why it is always good to be an insider. My best advice to people: become an insider. No matter what you do, be in on the decision making process, or at least know more about it than the average person, and you should do really well in life.

    Oil may stabilize, and we do need to look at other options moving forward. Renewables, conservation, more drilling, oil shale production. Get after it. Limit the environmental impact, but start today and do something. Don't talk. Don't cry. Don't complain that people are making money. Don't like how it is being done? Find a better way. Support those looking into different solutions. Don't sit on your bum and cry about things though. Last I checked, that never even fixed a flat tire. Don't sit there listening to people telling us we can't. We are Americans dammit. We can do anything.


    "Dog Eat Dog"
    Read the news
    Someone win,
    Someone lose

  14. #14
    Hall-Of-Famer
    Points: 45,747, Level: 66
    Level completed: 15%, Points required for next Level: 1,203
    Overall activity: 1.0%
    Achievements:
    Veteran25000 Experience Points

    Join Date
    Mar 2006
    Posts
    3,744
    Points
    45,747
    Level
    66
    Thumbs Up
    Received: 33
    Given: 0

    Re: Oil Bubble article...good read

    acrozier22- I'll give you that one, nobody knows where oil will be because nobody knows what will happen in the next 6-12 months. But I'll make a bet with you with $150 oil being the over-under. If Iran is bombed, I'll take the over.



  15. #15
    All-Star
    Points: 16,169, Level: 38
    Level completed: 65%, Points required for next Level: 281
    Overall activity: 3.0%
    Achievements:
    Veteran10000 Experience Points
    Landshark's Avatar
    Join Date
    Jan 2007
    Location
    Ankeny, IA
    Posts
    1,450
    Points
    16,169
    Level
    38
    Thumbs Up
    Received: 0
    Given: 0

    Re: Oil Bubble article...good read

    Quote Originally Posted by joefrog View Post
    Oil may stabilize, and we do need to look at other options moving forward. Renewables, conservation, more drilling, oil shale production. Get after it. Limit the environmental impact, but start today and do something. Don't talk. Don't cry. Don't complain that people are making money. Don't like how it is being done? Find a better way. Support those looking into different solutions. Don't sit on your bum and cry about things though. Last I checked, that never even fixed a flat tire. Don't sit there listening to people telling us we can't. We are Americans dammit. We can do anything.
    Love it!!! My vote for post of the day.


    "The Constituiton...is a mere thing of wax in the hands of the judiciary, which they may twist and shape into any form they please."- - -Thomas Jefferson, Sept. 6, 1819.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
  • Football
  • Iowa State vs. North Dakota State
  • August 30, 2014
  • 06:00 PM