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  • Saudis Try to Re-Invent the Internal Combustion Engine
    Europe already has vehicles that get 40-50 mpg using clean diesel. Why North America doesn't do the same thing is mind boggling.

    The N.A. people tend to have a preconceived notion that all diesel is dirty, but the new low-sulfur diesel is just as clean as gasoline. The simple fact is that diesel is much more fuel efficient but we're afraid of it due to poor stereotypes. If Ford and GM were allowed to bring their EU models to N.A. there would be a big enough increase without a new ICE and they'd be able to meet congresses new fuel standards without reinventing their N.A. models.
    Dec 10 14:58 pm |Rating: +2 -3 |Link to Comment |View article
  • Oil: Major Short Squeeze Around the Corner?
    What is this short squeeze based on? Nothing?

    I've just looked at the CFTC's commitment of traders report and both the commercial and large spec traders are net LONG, not SHORT. While this doesn't distinguish between contract months, it certainly gives a good picture of the overall crude oil market. In the event of a near month squeeze you'd probably see a one or two day squeeze followed by more selling. The same thing happened in September when all the newswires reported "oil up $25" but then failed to say "oil down $25" the next day.
    Dec 08 16:43 pm |Rating: +2 0 |Link to Comment |View article
  • Oil Won't Drop Forever
    "Oil Won't Drop Forever", wow, how insightful. Nice article Captain Obvious.
    Dec 04 14:36 pm |Rating: +1 0 |Link to Comment |View article
  • Jeffrey Christian: Gold and Silver Could Spike
    Nice headline: "Gold and Silver COULD Spike". Well of course they COULD. Jeez, anything can do anything. Even Oil could drop to $3 a barrel. What a joke of an article.
    Nov 17 18:07 pm |Rating: +1 0 |Link to Comment |View article
  • Peak Oil's Bell Is Ringing
    Peak Oil = Global Warming = Hoax
    Nov 17 14:08 pm |Rating: 0 -2 |Link to Comment |View article
  • Oil Breaks Below $60
    OilGasMiner,

    Remember, the OPEC cuts are just something they tell the press. The actuall cuts could never happen or actually increase in some situations. What OPEC says and does are two completely different things. They're notorious for it.

    If you think about it, why would a guy like Chavez cut production when he needs high income to pay for all his social programs? I would imagine he would ignore all OPEC production guidelines and simply pump as much as possible.
    Nov 12 11:58 am |Rating: 0 0 |Link to Comment |View article
  • Monthly Performance For Oil, Dollar and the Dow
    Well, it certainly jumped up $4 at the close. If the CFTC is going to investigate futures manipulation they should start looking here. The CL price jumped $4 in the last few minutes of trading. And it was a month-end to boot, making the case for manipulation even greater.

    I remember a few months ago where this happened at the close every day for 2 weeks straight in the coffee market. The CFTC is asleep at the switch.
    Oct 31 14:56 pm |Rating: 0 0 |Link to Comment |View article
  • T. Boone Pickens on Yahoo and the Price of Oil
    Something else for you to ponder FreeEnterprise:

    If you go to Boone’s website, and see his goal of displacing that amount of foreign oil with “alternatives” (which his biggest one is clearly stated as natural gas) , we’d already be there. What’s even more absurd in the energy debate is the fact that Boone also correctly states on his website that every one of his giant wind turbines produces energy equivalent to just 12,000 barrels per YEAR; yea per YEAR, not per day. That equals the equivalent of 32 barrels per day per windmill, nearly equal to a stripper well in America today. That means you’d need 31,250 giant wind turbines 24/7 year round in constant wind, to equal 1 million barrels per day. What a farce! Where would we put 31,250 wind turbines???? The greenie freaks would scream “Not in my backyard” across America.
    Sep 23 13:29 pm |Rating: 0 0 |Link to Comment |View article
  • Oil May Trade in the $80-100 Range for a While
    I just want to say your Headline is wrong. It should read Oil MIGHT Trade ... Of course Oil may trade between 80 and 100. May implies permission, and obviously the commodity is allowed to trade where ever it wants. Might implies probablility. I would think someone that writes articles would know better.
    Sep 19 11:05 am |Rating: +1 0 |Link to Comment |View article
  • T. Boone Pickens on Yahoo and the Price of Oil
    LOL FreeEnterprise, I'm not an idiot, I'm a realist. Those claims made by Pickens are economically not realistic in the near term. There is way way too much invested interest in oil and the current infrastructure to change things immediately. I'm all for weaning ourselves off oil and moving to more enviro friendly alternatives, but I don't think it would happen in the next 20-30 years.

    Besides, your precious T. Boone went long oil in the $140-145 range. Hows that working out for him?
    Sep 05 18:35 pm |Rating: 0 0 |Link to Comment |View article
  • Bespoke's Commodity Snapshot (9/2/08)
    Orange Juice and Sugar are my bets to go up significantly in the next year or so.
    Sep 02 14:24 pm |Rating: 0 0 |Link to Comment |View article
  • T. Boone Pickens on Yahoo and the Price of Oil
    Energy Independance is election rhetoric aimed at getting votes. Its totally improbable in the near term (ie, 20-30 years).
    Aug 12 16:09 pm |Rating: 0 0 |Link to Comment |View article
  • T. Boone Pickens on Yahoo and the Price of Oil
    You guys have some wild ideas.

    Do you really think drilling in the ANWR is going to produce energy independance? You import 10 million barrels a day. Thats all of the imports from Canada, Saudi Arabia, Venesuela etc. Sorry but the ANWR will never produce 10 million barrels a DAY. You guys are dreaming.

    Real energy independance would take 50 years, 100 nuclear plants and a conversion of all cars from gasoline to another energy source. Sorry fellas, but ethanol isn't the answer either.
    Aug 12 16:06 pm |Rating: 0 0 |Link to Comment |View article
  • Oil Price Targets
    Marcus,

    You're right. He's one of the few that have their own opinions. Everyone else just seems to be moving with the heard.
    Jul 25 17:05 pm |Rating: 0 0 |Link to Comment |View article
  • Oil Price Targets
    Analysts are notoriously terrible at predicting anything and everything. I've seen it over and over again where an analyst changes his/her prediction of oil, gold, copper, nickel, etc just because the near term price has moved up or down. They simply keep their prediction in line with current prices instead of making a serious prediction and sticking to it. They all look across the street and say "What did Jim predict? I guess I'd better stay in line with him."

    Geez, when Oil was at $140 you could hear every analyst on the block saying "Its going to $200", and now that its back down to $125 they're saying "Its going to $100". Silly.
    Jul 25 13:24 pm |Rating: 0 0 |Link to Comment |View article

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