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  #1  
Old 10/23/10, 1:08 AM
Nick Gromicko's Avatar
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Default FYI: Oil is about to go through the roof.

Get in.



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  #2  
Old 10/23/10, 7:41 AM
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Default Re: FYI: Oil is about to go through the roof.

I wish I would of listened to you a few years ago about the gold.

I probably should listen now.
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  #3  
Old 10/23/10, 7:47 AM
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Default Re: FYI: Oil is about to go through the roof.

If they continue to trash the dollar, oil will go up but so will most other commodities.

Geithner recently made comments about supporting a strong dollar but we'll see if it was more than just nose.



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  #4  
Old 10/23/10, 8:42 AM
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Peter C. Russell Peter C. Russell is offline
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Default Re: FYI: Oil is about to go through the roof.

I personally wouldn't mind if #2 went up to about 4.50 a gallon.

Would be just what my business needs right now.

all my wood is split and stacked so I'm OK, except for what it will do to inflation.
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  #5  
Old 10/23/10, 9:33 AM
Gary Farnsworth Gary Farnsworth is offline
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Default Re: FYI: Oil is about to go through the roof.

Sure, we need to save energy resources, so, when we do, corporations suffer due to decreased sales, or less energy use. They then have no choice but to raise rates; electric, water, gas, cable, you name it.

There is a big push to save energy, which is good, but rates of all types will increase in order to keep up their stock prices, and keep their revenues increasing from year to year. As rates increase, all other items will follow.



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  #6  
Old 10/23/10, 9:43 AM
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Default Re: FYI: Oil is about to go through the roof.

Quote:
Originally Posted by gfarnsworth View Post
Sure, we need to save energy resources, so, when we do, corporations suffer due to decreased sales, or less energy use. They then have no choice but to raise rates; electric, water, gas, cable, you name it.

There is a big push to save energy, which is good, but rates of all types will increase in order to keep up their stock prices, and keep their revenues increasing from year to year. As rates increase, all other items will follow.
Stock prices are going up because the the gov is busy trashing the dollar and inflating in hopes of making our massive debt manageable.

It won't work.

Caution- Rough road lies ahead.



You can argue with intelligent people but to argue with a mush head is like trying to grab fog-Thomas Sowell

Never underestimate the difficulty of changing false beliefs by facts. - Henry Rosovsky-Harvard

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  #7  
Old 11/4/10, 10:36 PM
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Default Re: FYI: Oil is about to go through the roof.

Gold jumped 2% in one day (today).



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  #8  
Old 11/4/10, 10:58 PM
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Michael Larson Michael Larson is offline
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Default Re: FYI: Oil is about to go through the roof.

Quote:
Originally Posted by gromicko View Post
Gold jumped 2% in one day (today).
Only because the Fed devalued the dollar by monetizing the debt yesterday.



You can argue with intelligent people but to argue with a mush head is like trying to grab fog-Thomas Sowell

Never underestimate the difficulty of changing false beliefs by facts. - Henry Rosovsky-Harvard

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  #9  
Old 11/4/10, 11:00 PM
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Nick Gromicko Nick Gromicko is offline
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Default Re: FYI: Oil is about to go through the roof.

They are destroying the dollar. If you have any of those little pieces of paper with faces on them, spend them. Better yet, borrow them then spend them. Pay it back with worthless little pieces of paper later.



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  #10  
Old 11/28/10, 11:55 PM
Samuel D. Butler Samuel D. Butler is offline
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Default Re: FYI: Oil is about to go through the roof.

here is some sarcasm for you, the good folks at the federal reserve are working hard every day to help this economy recover and are not engaged in criminal activity.
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  #11  
Old 2/23/11, 5:27 PM
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Nick Gromicko Nick Gromicko is offline
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Default Re: FYI: Oil is about to go through the roof.

Oil hit $100.



Nick Gromicko, Certified Master Inspector

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  #12  
Old 2/23/11, 5:37 PM
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Michael Larson Michael Larson is offline
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Default Re: FYI: Oil is about to go through the roof.

Quote:
Originally Posted by gromicko View Post
Oil hit $100.
And the stock market is about to tank. IMHO



You can argue with intelligent people but to argue with a mush head is like trying to grab fog-Thomas Sowell

Never underestimate the difficulty of changing false beliefs by facts. - Henry Rosovsky-Harvard

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[/I]
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  #13  
Old 2/23/11, 5:53 PM
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Default Re: FYI: Oil is about to go through the roof.

Unrest in the middle east and you guys do not want alternative energy???
Yeah drill baby drill.
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  #14  
Old 2/23/11, 5:55 PM
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Michael Larson Michael Larson is offline
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Default Re: FYI: Oil is about to go through the roof.

Quote:
Originally Posted by belliott View Post
Unrest in the middle east and you guys do not want alternative energy???
Yeah drill baby drill.
Nope. It costs too damn much.

Solar energy is a giant fail. More tax dollars down the toilet.

http://www.mercurynews.com/business/...nclick_check=1



You can argue with intelligent people but to argue with a mush head is like trying to grab fog-Thomas Sowell

Never underestimate the difficulty of changing false beliefs by facts. - Henry Rosovsky-Harvard

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Hudson, WI

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[/I]
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  #15  
Old 2/23/11, 6:07 PM
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Bob Elliott Bob Elliott is online now
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Default Re: FYI: Oil is about to go through the roof.

Quote:
Originally Posted by mlarson View Post
Nope. It costs too damn much.

Solar energy is a giant fail. More tax dollars down the toilet.

http://www.mercurynews.com/business/...nclick_check=1
It i getting cheaper and cheaper.
I can buy stake lights for the yard that are solar powered for $1 at this point.
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