electric cars are too early. The switch won't come until it has too and there's no guarantee. There will be some sort of mix, or hybrid of some sort. Internal combustion engines are getting better and better. Jet engines are too, and cleaner and hotter burning which results in much more efficiency and half the emissions of recent engines. What will they do with all the old batteries from these electric cars when they are worn out? At 20000 a pop, not many will afford that. They you have the EPA issues. This isn't to say that Tesla isn't a great thing. But we have a very green administration and horrible out of control EPA that will run the world broke if we let them have too much control. The market determines everything. Just the way it is.
CHK is high risk but I'm holding anyway for the risk reward. My guess is that they will hang on for awhile and things will smooth out a little mid to late summer. If something drastic happens like an unfortunate terror attack here like 911, it will be a disaster. Lot's of risk here no doubt, but keep the faith.
Obama is on Iran's side all the way. Why do you think he gave Iran the go ahead to produce the bomb and lift sanctions? He's all anti-US and has the biggest hard for the US. Now Iran can drill and the Russians can come in at will into Syria and do whatever and supply Iran with their advanced aircraft and missiles. The new mach 7 missile is effective and mobile launchers will be difficult to locate and destroy. Especially under this paper tiger administration. The whole middle east will be destabilized just like during the Carter administration. Only worse. Yes, tough times are ahead and this alone will cause energy prices to skyrocket soon. Especially late summer.
I think this was all part of Obama's plan. And Iran will block the deal. It's all in the plan. The Saudis will continue to drill along with all the others in the middle east. He did everything possible to weaken our country and not only did he screw us by giving Iran a pass to build weapons of mass destruction, he opened up billions of $ so that they could drill and add to the glut to screw over our economy even more. He has such a #$%$ for this nation it's not even funny. Great, Iran is free to spend our billions and sponsor more terrorism. Notice ISIS is even stronger and never was second string according to Obama. When a war breaks out which is entirely possible, yes oil will finally spike.
What to do with batteries when they #$%$ out too. These cars are neat and cool but Tesla hasn't really made a dime. Obama funded to the max.
Electric cars will come when they have to. That time is not now. Oil will not become obsolete. What do we use for et transports? Electric motors? Rubber band wind up propellers?
Saudi Arabia, and the whole middle east will continue to drill until at least 2020. I just read this. Not only will they continue, they will increase production from what they are drilling now.
If it wasn't for companies, you wouldn't be on here trading would you? Sounds like sour grapes. Suck it up and move on. If you're sweating voilitile investments, then buy AAPL or many thousands of other stable investments. Greed rears it's ugly head! God!
Shorts put themselves first all the time. It's obvious since they are out to make money and protect their investments. Just like all companies healthy or unhealthy.
Seems right after super tuesday, oil edged up. Maybe it was just that oil bottomed out or along with world instability there is a possibility a war could break out and drive oil up immediately. Republicans are pro fossil fuels and would also be a factor possibly? I could see this going to 9 or 10$/share near term and meet resistance there. Your thoughts out there?