Driving in and around suburban Richmond, Virginia (while briefly and unpleasantly away from my rural farm) this morning, I was staggered by the massive development that continues apace. Everywhere I drove I saw road projects, shopping strips, houses and apartment buildings, office parks and even giant new shopping malls under construction. The size of this infrastructure, nationally, must be GARGANTUAN, almost INFINITE. I don't see the slightest indication that we have changed how we actually live and organize ourselves in response to the (temporarily relenting) experience of high gasoline prices. Indeed, big cars and trucks are flying off the lots right now. Cheaper gas will only inaugurate an era of even GREATER dependence on oil and deliver a sucker punch to fledgling alt-energy initiatives. I don't approve of any of this, but I am certain that Big Oil is one of the smartest investments you can make right now. Anyone who thinks we have somehow freed ourselves from oil is living in la-la land.
troll boy, bush-clinton cleans up mess, bush- obama cleans up mess, jeb bush- dems clean up mess....
STOP WATCHING FOX NEWS
Just to be clear, my friend does not work for xom, all is statements were just his hu op.
The small fortune i am making was a judgement call that worked out well.
GO XOM, SHORTS, DIV. PAYABLE SOON, COVER..........
A friend told me that their deep pockets are looking to buy shale owned fields that have high debt and will have to default with the low oil prices. A special panel was set up to start looking for these properties, like taking candy from a baby, he also stated that share buyback may be put on hold to build a larger shale portfolio.
WOW, the big will come out bigger and stronger and in two years control the world, along with the value of the dollar.
Makes sense, the weak will go with the wind, and Exxon will be the hero and save a lot of jobs and buy up land on the cheap.....
I was just thinking, if this goes belly up can I start a new sqqq at 1200. They started this one so I should be able too.
I may start it at 2000, my fund my price. I will hire some people to help me start the fund, I will feed them well, free bagels for all workers
IDIOTS, the gov keeps us devided so they can do what they want when they want. Never a treat when the people are divided.