Author Topic: Price of Oil  (Read 1839 times)

0 Members and 1 Guest are viewing this topic.

Plane

  • Hero Member
  • *****
  • Posts: 26993
    • View Profile
  • Liked:
  • Likes Given: 0
Price of Oil
« on: January 26, 2007, 01:06:37 PM »
Is it time to buy the dip in oil -- and oil stocks? Oil prices are down about 35% from their highs of July 2006, and oil stocks have pulled back some in 2007.

http://articles.moneycentral.msn.com/commentary/experts/jubak/jim_jubak.aspx?msn=1


Oil company PROFIT is DOWN?


Is this the time to give windfall profit rebates?

Plane

  • Hero Member
  • *****
  • Posts: 26993
    • View Profile
  • Liked:
  • Likes Given: 0
Re: Price of Oil
« Reply #1 on: January 26, 2007, 01:21:40 PM »

 Video: Terrorist-free gasoline and oil
http://video.msn.com/v/us/Money.htm?g=42BC7263-1BD8-4CC1-85B2-3570B4510D40&t=s216&f=15/64jubak_cnbcTerror_Oil&p=hotvideo_money%20top%20ten&fg=

A gas station in Omaha, Neb., will be the first to offer "terror-free oil and gas," which comes from non-terrorist-sponsoring nations. Would you buy it if it was available near your home?
« Last Edit: January 26, 2007, 01:24:06 PM by Plane »

_JS

  • Hero Member
  • *****
  • Posts: 3500
  • Salaires legers. Chars lourds.
    • View Profile
  • Liked:
  • Likes Given: 0
Re: Price of Oil
« Reply #2 on: January 26, 2007, 02:38:56 PM »
Quote
Is it time to buy the dip in oil -- and oil stocks?

Do you mean crude oil futures or stock in petroleum companies?

(I wonder if Ford stock is worth buying ;) )
I smell something burning, hope it's just my brains.
They're only dropping peppermints and daisy-chains
   So stuff my nose with garlic
   Coat my eyes with butter
   Fill my ears with silver
   Stick my legs in plaster
   Tell me lies about Vietnam.

The_Professor

  • Guest
Re: Price of Oil
« Reply #3 on: January 27, 2007, 12:21:28 AM »
Welll, I deliberately do not purchase oil from Citgo.
« Last Edit: January 27, 2007, 12:56:45 PM by The_Professor »

Xavier_Onassis

  • Hero Member
  • *****
  • Posts: 27916
    • View Profile
  • Liked:
  • Likes Given: 0
Re: Price of Oil
« Reply #4 on: January 27, 2007, 07:23:38 AM »
Is this the time to give windfall profit rebates?

===================================
Er, no.
Being as no windfall profits taxes were charged, rebates are sort of out of the picture.

Oil companies are still making out like the bandits they are, anyway.
"Time flies like an arrow; fruit flies like a banana."

Mucho

  • Guest
Re: Price of Oil
« Reply #5 on: January 27, 2007, 11:56:48 AM »
Quote
Is it time to buy the dip in oil -- and oil stocks?

Do you mean crude oil futures or stock in petroleum companies?

(I wonder if Ford stock is worth buying ;) )

Actually, Ford is probly a much better buy than the greasy oil cos right now. The old adage is "buy on the bad news and sell on the good." All the bad news is probly  out now on Ford while the oil thieves good news  is over.

The_Professor

  • Guest
Re: Price of Oil
« Reply #6 on: January 27, 2007, 12:59:51 PM »
Actually, most reputable stock analysts say you should stay away from Ford. The WSJ, and others, recently indicated they do not feel Ford will come out of it. They are cutting jobs but not the way they do business. And the latter is the only way they will be truly successful.

Oil firms benefit form the invisible hand of the marketplace. It is one of the major tenes upon which this nation was built. If you do not like their practices, then adjust your spending.

To tax them is basically peanalizing them for playing the game well.

Mucho

  • Guest
Re: Price of Oil
« Reply #7 on: January 27, 2007, 03:43:43 PM »
Actually, most reputable stock analysts say you should stay away from Ford. The WSJ, and others, recently indicated they do not feel Ford will come out of it. They are cutting jobs but not the way they do business. And the latter is the only way they will be truly successful.

Oil firms benefit form the invisible hand of the marketplace. It is one of the major tenes upon which this nation was built. If you do not like their practices, then adjust your spending.

To tax them is basically peanalizing them for playing the game well.

The fact that nearly everyone is negative is exactly why one might want to buy F It is when things look the most bleak that bottoms occur.. Whoever was going to sell has.

Oil cos play the game well because they currently have it rigged by their Bushadmenstruation lackeys. The game will change now that the Dems are in resurgence.

Xavier_Onassis

  • Hero Member
  • *****
  • Posts: 27916
    • View Profile
  • Liked:
  • Likes Given: 0
Re: Price of Oil
« Reply #8 on: January 27, 2007, 08:59:16 PM »
Those who bought Chrysler back in the 1980's came out ahead. Ford might be taken over by GM or some foreign company, but I really don't think they will go under.

I buy mutual funds. If it is a good investment, a MF manager will buy it.

"Time flies like an arrow; fruit flies like a banana."

Amianthus

  • Hero Member
  • *****
  • Posts: 7574
  • Bring on the flames...
    • View Profile
    • Mario's Home Page
  • Liked:
  • Likes Given: 0
Re: Price of Oil
« Reply #9 on: January 27, 2007, 10:48:33 PM »
The game will change now that the Dems are in resurgence.

Can you explain how non-binding resolutions will "change the game"?
Do not anticipate trouble, or worry about what may never happen. Keep in the sunlight. (Benjamin Franklin)

BT

  • Administrator
  • Hero Member
  • *****
  • Posts: 16141
    • View Profile
    • DebateGate
  • Liked:
  • Likes Given: 3
Re: Price of Oil
« Reply #10 on: January 27, 2007, 11:03:17 PM »
Quote
Len Singer, 74, who traveled 300 kilometers (180 miles) to join the demonstration, called the timing of the protest, just weeks after opposition Democrats took control of Congress, a "window of opportunity" to force the Republican US administration's hand.

"If the Democrats squander this time period, they'll never have another chance again," he said.

Medea Benjamin, founder of the women's peace organization CodePink, said the non-binding resolution passed by a powerful Senate committee Wednesday was not enough for the protesters.

The resolution says the Bush plan is "not in the national interest" and calls on the United States to "transfer, under an appropriately expedited timeline, responsibility for internal security and halting sectarian violence in Iraq to the government of Iraq and Iraqi security forces."

"It's good, but it's not enough," Benjamin said.


http://www.breitbart.com/news/2007/01/27/070127214453.z4di6vh8.html

Mucho

  • Guest
Re: Price of Oil
« Reply #11 on: January 27, 2007, 11:28:29 PM »
Quote
Len Singer, 74, who traveled 300 kilometers (180 miles) to join the demonstration, called the timing of the protest, just weeks after opposition Democrats took control of Congress, a "window of opportunity" to force the Republican US administration's hand.

"If the Democrats squander this time period, they'll never have another chance again," he said.

Medea Benjamin, founder of the women's peace organization CodePink, said the non-binding resolution passed by a powerful Senate committee Wednesday was not enough for the protesters.

The resolution says the Bush plan is "not in the national interest" and calls on the United States to "transfer, under an appropriately expedited timeline, responsibility for internal security and halting sectarian violence in Iraq to the government of Iraq and Iraqi security forces."

"It's good, but it's not enough," Benjamin said.


http://www.breitbart.com/news/2007/01/27/070127214453.z4di6vh8.html

Since when do you give a fuck about what Commie protesters think?