Not me Riv. However from the sounds of things BHI should do well in the equipment area. Price still quite low.
International standing? Not sure if you are being facetious. Unfortunately most of the new job creation is part time, is it not? And how and why at this point in the cycle after the bailouts in the last recession would he be responsible for more job creation? The war is a mistake. First by Bush and now Obama , who ran on the original premise of ending such has decided to add even more troops to the unresolvable debacle.
Oil is having its day in the sun as it crests the hill and enters the twilight of it history. I do believe solar power will outlive oils reign . Certainly if the big yellow ball in the sky teaches us anything. Oil is filthy in every respect. Global warming is real . You know some humans laughed at the airplane and the car too. Let me ask you something. In 20 years what do you think our energy source will be ? How about 50 or 100? A short time in terms of our existence on the planet, wouldn't you say? Just goes to show how short sighted and stubborn people can be. Now take solar power and its diversity . That is something that can be sustainable and clean forever. Gradually over time it will become more efficient. Probably not a bad time to invest in solar too as oil is temporarily down in price. There will be an Apple of solar . Here is another tidbit. You know what the first oil related appliance to die off will be? The automobile. So it won't be oil directly that meets its demise but its offspring. The rest will fall into place.
The global warming deniers can't escape the fact that hydrocarbon fuel sources pollute the air and water as well as destroy wildlife habitat. That alone should be enough to promote renewable energy , specifically solar power.
Probably the best thing is to have a house that is paid for and a place for a garden, Probably some solar panels off the grid and transportation that would be a gas sipper or electric, providing that the grid is still standing. . Cash will never be worthless but Germany suffered a fate close to that many years ago. Still, investing in companies that grow earnings faster than a questionable currency deteriorates is probably not a bad idea either.
Gold is worthless in a pinch. Given a hungry person ask them if they want an ounce of gold or 300 cash and a free ride to kroger . Now the jerks on the other side of the wing will laugh and say, "you sure he don't want to go to the beer store?" but even beer is worth more than that pish yellow metal. I tell you it is going to 900 an ounce. Use it as a fishing weight!
not cramer. He says eog did well but keeps raising the fear flag for low oil price having an effect on the producer going forward.
Looks good, I concur. Cramer who loved it refuses to now give his blessing as he calls these great earnings"rear view mirror" I am sorely disappointed at his comment, considering EOG's ability to squeeze blood out of a stone. Literally!
Seriously, who is spitting mad? Not me. The two party system has been equally corporately influenced by lobbyists as a part of the result of having no term limits in congress. There isn't a whole lot of difference between the parties. If the Republicans start to bring their religious issues , or talk about restricting abortion, or cutting social security they will cook their newly prized goose to a crisp. I don't see Obamacare ever being repealed , it would probably cost more to do so but still, I prefer a single payer system expansion of medicare.
EOG helped bring down the price. People like Boone Pickens complain. Obvious as to why. The argument that cheap gas is a bad thing reminds me of the republicans when they are at their worst. Nothing pus more money in consumers pockets than cheap gas.
listen up. The reason oil is low is because of the likes of companies like EOG..It's a double edge sword!
Pickens says that the big issue in the energy market isn't OPEC or the strong dollar; he says it's supply and he also says domestic drillers are to blame."Domestic oil companies need to stop drilling for oil," Pickens insisted on CNBC's "Street Signs." "We've overdrilled oil (in the U.S). Now we've gotten ourselves in a spot. We need to slow down." I guess if you make your money from oil, yes, but automobile owners and airlines will disagree.
EOG reported . Soaring in after hours .What their cost basis for getting oil out of the ground is either very low or their guidance and earnings beat were phenomenal.