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Sounds like someone is raking it in if oil has droped as much as it has in the last month.
Even though in some parts of the country the storms have created a problem, these oil companies some where along the line are buying cheaper oil.
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Look to hedgies and large fund managers for the run up of crude. Another reason not to privatize social security. I was for it originally but the trading patterns of the last couple years has shown me that putting that much cash on the market would cause wild destabilization. And that isn't counting the amount of fools who would use their SS money as speculative investing and lose thier retirement to a gamble.
-------------------- No longer eligible for government service due to lack of tax issues.
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Look to hedgies and large fund managers for the run up of crude. Another reason not to privatize social security. I was for it originally but the trading patterns of the last couple years has shown me that putting that much cash on the market would cause wild destabilization. And that isn't counting the amount of fools who would use their SS money as speculative investing and lose thier retirement to a gamble.
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I don't know if anything could be worst than our Gov. taking this SS money and using it anywhere they want.
I guess it's possible for something to be worst.
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"I don't know if anything could be worst than our Gov. taking this SS money and using it anywhere they want."
They have been doing that for years. That, and nothing else, is the reason it is possible to generate tables showing when the SS trust fund will be gone. Repay the monies taken out of the SS funds, stop allowing them to be used as if they were funds collected for the general budget, and SS is doomed to be solvent through the foreseeable future
Refusing to tie up the SS funds so that they cannot be squandered to earmarks has been republican mantra for decades, in case you have forgotten the 2000 campaign.
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Three cheers for that. If these right wing swine want to take anybody's retirement fund take there own special retiement fund they give themselves.
If you want to keep ss safe one federal retirement plan for all and one medical plan for all. So when right wing trash votes to give themselves some EXTRA ALL OF US AMERICANS GET EXTRA
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Gas is Under $3.00 here in tampa area Walmart gas station....
But if the Stock Market goes back up...so will oil!!! Be Prepared!!!
I'm enjoying this while I can...and laughing at all the retards that went out and bought those scooter/mopeds....believing those stupid mini documentaries on Fox news about the oil crisis and possible doomsday scenarios for the price of oil They played them over and over saying giving examples of events that can drive oil up to $7-$10....Now these people riding the scooters and mopeds look silly...hahaha
But Glassman is dead on...this is pefect proof that the price of oil was just form traders and speculators....but then again...this was already a no-brainer....but nobody wants the fun and gains to end....so they blame it on supply and demand...which is a factor....just not the main one!
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whoever gets elected? we need to develop nuclear waste reprocessing... it really is the best alternative for scalable electric power on the scale we need it...
-------------------- Don't envy the happiness of those who live in a fool's paradise.
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quote:Originally posted by glassman: whoever gets elected? we need to develop nuclear waste reprocessing... it really is the best alternative for scalable electric power on the scale we need it...
Can the big O handle that?? I sure hope so.
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quote:Originally posted by glassman: whoever gets elected? we need to develop nuclear waste reprocessing... it really is the best alternative for scalable electric power on the scale we need it...
but ultimately unreliable...
a Faustian bargain, in the sense of a "monoculture." Maybe here and there...but we really, really do not want nuclear as a "stable" go-to guy.
Much better to model the "strength-in-diversity" model of most long-term, successful ecosystems...
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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quote:Originally posted by glassman: whoever gets elected? we need to develop nuclear waste reprocessing... it really is the best alternative for scalable electric power on the scale we need it...
but ultimately unreliable...
a Faustian bargain, in the sense of a "monoculture." Maybe here and there...but we really, really do not want nuclear as a "stable" go-to guy.
Much better to model the "strength-in-diversity" model of most long-term, successful ecosystems...
i'm not suggesting it become THE source at all...
scalable is the important word here... wind, solar? they can both let you down for brief periods and nuclear can "run cool" and "run hot" on demand.... just push the rods further into the core or pull them back...
if we can pull 20% week over week out of each solar and wind, which is very realistic? then dirty coal can come off line. but nukes are needed to be the anchor... the Navy has been running on nuke power for years, and while they were able to hide alot of the problems for years? they were able to develop the real world fixes too...
one of the secondary issues to nuke is that it heats up the discahrge water too. techniques to utilise that "low power" is needed too...
-------------------- Don't envy the happiness of those who live in a fool's paradise.
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"one of the secondary issues to nuke is that it heats up the discahrge water too. techniques to utilise that "low power" is needed too"...
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Put them along the beaches the surfers love it and so do some fish. San Onofre water is warmer and adds to our California sun. You guys can't say we do everything bad in Ca.