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  • The Oil Shortage, and Other Fairy Tales
    I love the refinery argument people always try to use. The fact is, sure we haven't built any new refineries in a long time, but the existing ones have expanded production to the point were its essentially like building new ones. Also, refinery capacity is usually 85-90%. There are no shortages of refineries in the US today. Its all just another bogus argument people like to throw out there when they like to act like they know what they're talking about.

    How do people explain the price of Oil being higher now than it was in the late 70's when a real shortage was taking place. There aren't gas stations running out of oil or tankers lining up at docks ready to reload. Its all hocus pocus.
    Jul 07 18:11 pm |Rating: 0 0 |Link to Comment |View article
  • Excellent Stocks When (If) Oil Hits $150
    This is a funny list. Why would they be good at $150 and not $140 or $135. There's no reasoning what-so-ever. What a joke.
    Jun 11 19:13 pm |Rating: 0 0 |Link to Comment |View article

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