Guest Posted September 24, 2004 Report Share Posted September 24, 2004 Oil holding steady DESPITE news that the US will be loaning oil from the SPR...just imagine where the price would be today without the manipulation! Link to comment Share on other sites More sharing options...
Ned38 Posted September 24, 2004 Report Share Posted September 24, 2004 No shortage of Qube sellers Link to comment Share on other sites More sharing options...
An Ant Posted September 24, 2004 Report Share Posted September 24, 2004 Jokes about to break down off bear flag ? Link to comment Share on other sites More sharing options...
Guest Posted September 24, 2004 Report Share Posted September 24, 2004 crude at $48.85 Â that didn't work! Link to comment Share on other sites More sharing options...
machinehead Posted September 24, 2004 Report Share Posted September 24, 2004 crude at $48.85Â that didn't work! That's another record close for spot crude, isn't it? Link to comment Share on other sites More sharing options...
Knucklehead Smith Posted September 24, 2004 Report Share Posted September 24, 2004 crude at $48.85 that didn't work! Report: OPEC has lost control over oil prices  A report by the Center for Global Energy Studies asserted that the price of crude oil was no longer under OPEC control. The report said OPEC, with spare production capacity of 1.5 million barrels per day, does not have sufficient capacity to significantly reduce oil prices, which have exceeded $47 a barrel. Link to comment Share on other sites More sharing options...
machinehead Posted September 24, 2004 Report Share Posted September 24, 2004 "OPEC has lost control over oil prices." Â That's funny, the poodits said the same thing when crude fell to $12 a barrel. Â An untreatable boner is better than untreatable impotence ... for a day or two ... Link to comment Share on other sites More sharing options...
HiHat Posted September 24, 2004 Report Share Posted September 24, 2004 Closer to Home........Has President Cheney "lost control of oil prices"?????? Link to comment Share on other sites More sharing options...
brian4 Posted September 24, 2004 Report Share Posted September 24, 2004 It's all down hill from here-blast shields up! Link to comment Share on other sites More sharing options...
The End Posted September 24, 2004 Report Share Posted September 24, 2004 Sold ALOT @ 11.65. Bought it at 10. Replaced that with TRA today. The whole fertilizer group looks good. Link to comment Share on other sites More sharing options...
machinehead Posted September 24, 2004 Report Share Posted September 24, 2004 Now the annoucements of SPR shipments to Shell, Placid, etc. are hitting the wires. Â Doofuses -- don't they know crude oil closes at 2:30 pm eastern? Â Energy Dept. -- sheesh -- always a day late and a dollar short ... Link to comment Share on other sites More sharing options...
Yaryman Posted September 24, 2004 Report Share Posted September 24, 2004 I wonder if this has anything to do with higher oil prices? Â From a story about the first ever Chinese Formula 1 race this weekend. Â " While praise for Shanghai's new modern Grand Prix circuit and the glitzy downtown areas of the eastern metropolis is gushing, the bumper to bumper traffic jams are irking some... Ralf Schumacher agreed that the traffic was a drawback. "It's a very nice city, there's a lot of building going on and it's supremely clean and the food's good," he said. "The traffic though is a mess...China has seen massive growth in car ownership over the past few years and is now the third largest auto maker in the world." Â No chance all those new cars in China will increase world wide demand for oil. Â At least that's the mind meld at the Federal Reserve thinks. Link to comment Share on other sites More sharing options...
brian4 Posted September 24, 2004 Report Share Posted September 24, 2004 Nice Trade TE! Link to comment Share on other sites More sharing options...
Tchaikofsky Posted September 24, 2004 Report Share Posted September 24, 2004 Sold ALOT @ 11.65. Bought it at 10. Replaced that with TRA today. The whole fertilizer group looks good. TE: Â Ain't it all fertilizer? Â :grin: Â PS: Nice trade. Link to comment Share on other sites More sharing options...
The End Posted September 24, 2004 Report Share Posted September 24, 2004 Look at TNH, TRA,AGU and POT. TNH has an annualised yield of 14%. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.