It has not been increased from 18.4 cents per gallon since 1993. Over 20 years.... The highways in my area are really starting to show it. I am all for it. If adjusted for inflation, i am reading it should be 30 cents per gallon anyway.
By the way, I prefer oil imports trade from our Canadian neighbors, as we dont have to send troops there in harms way, as we have in other regions.
Yes, I am aware of the conditions, the native Canadians, the environmentalists. etc.....but with the govt giving its seal of approval its a done deal imo. I have thought of buying Enbridge. How is your CVE doing? SU and CNQ have been a rocket ship. Glad I held onto them, they were underforming not that many months ago. If UNP takes a dip on ahem ( the usual midterm election correction) I shall add to it. I owned SU before Buffett got in, but his stamp of approval has helped it too imo.
Your just a short on MON and a pumper for the Hecla silver mining stock. By the way, again, what do you mean when you stated "we" recommend? Who else is in the we? I expect the sound of crickets chirping on the we........
I see where the Canadian govt. voted in an east west pipeline that will connect the Alberta oil sands to the Pacific and enable export of their product to Asia.
UN and US officials say not to worry. The toxic contents in sealed bunkers are too old and decrepit to be used by nefarious sorts. Source WSJ.
Hah, now instead of silver your recommending silver mining stocks short term...........I think you are a short term stock pumper and neglect what is truly powerful..........the power of compounding over years and years. .
I looked up the the silver ETF SLV................It is down 4.8% the last 3 months. The past 12 months its off over 8%. Perhaps your surge refers to the last month.......its up slightly more than 2%. Is 2% a surge? hahahahaah
By the way, the word "sent" assumes more than the news agencies know as of this post............I am reading the majority are from Central America, and it is a long way from there to Texas............ There has to be more to this story............
I assume they are orphans, or "ruthlessly desperate" parents, or it is a lie.......Can someone explain this with reason or facts?
By the way, I own YAFFX, but as you know, their asset base has grown tremendously and the old man (Don) has let his son take over as the main mgr. On top of that Affiliated Managers Group bought the two Yacktman funds a couple of yr. ago. Supposedly nothing will change...they say. It is at least closed, but I was unhappy with the capital gains dist. late last year. I had sold none of my shares, but of course I took the hit for past gains on stocks that the fund sold last year. Nothing new, its happened before, but got me looking more at ETFs in taxable accounts.
Point taken for recent (15) yr. history. I do know this. I spent a few hr. one night trying to find the original Berkshire Hathaway price per share when Buffett bought the former textile factory Berkshire. As I recall, all things considered, the original investment was worth less than 10 bucks per share...I believe it was early 60s. The only co. I am aware of comparable to this is WYNN casinos, but of course Steve Wynn has not been around as long as Buffett.
Buffett is 83 and managing partner Charlie Munger is 90. Its current price is attractive, according to Morningstar...4 stars. Buffett never has allowed a dividend to be distributed to shareholders, as he feels he can make more for the co. via new or adding to existing holdings. Thanks for the FRAK information. I am sure it slang for fracking, but in the older gangster movies it substituted for the other four letter word. Regards, Iggy. By the way, years ago I actually inquired if I could buy one share of Berkshire A shares when they were less than 30K....this was before the B shares. I did not, because even then I was concerned with Buffetts longevity. Should have then, but then maybe he will make a long a Jack Benny did. Again, Regards Iggy.
Upon perusing this topic further, the Motley Fool article refers to WTI oil as the type of oil reference point. Canadian crude, which is a heavier oil is WCS (Western Canada Select) trades at a lower price per barrel than WTI (West Texas Intermediate). And of course we have the Brent Oil traded across the pond. Irregardless of this price differential, they know what they HAVE in Alberta.........and the trains to haul the oil and new pipelines are proliferating...........except the Keystone of course. Conservative estimates put oil reserves there at 50 years plus. Know wonder Buffett bought the entire Burlington Northern RR, a tank car manufacturing co. and Suncor.
In established oil sands around $65/barrel. Which it is claimed is cheaper than cost of production via drilling/fracking for most projects in the Bakken Shale or Permian Basin. Projects for oil sands with breakeven of $100 recently abandoned by Total. SU and CNQ and most oil sands had terrific performance this past week. Iggy.
juan_vom was going to when he left? As I recall one was about $250 per annum. But sometimes it is worth it............$$$$$. Heck, I am already putting out about $500 a year, and the good ones pay off over time imo. Iggy.
I had to read "The Great Gatsby" in freshman English. I was too immature at the time to get the main theme in it. I did watch the movie the other night, and did know the outcome from reading the book back in the 60s...... and now I get it. Nevertheless, never a huge fan of the work.
I think rivvir perhaps this comment was directed towards yours truly. It is hard to tell sometimes on this newer Yahoo board design. Anyway, I understand your hypocrisy implication, but Juan and I have never savaged each other, other than the first time he mistakingly took my sarcasm on a topic as "being the other way". He did make amends as I recall. Guess I am loyal that way when it comes to down the road on things. Anyway, you seem like an intelligent sort, but my eyes glaze over sometimes as you ramble on concerning some topics. That is a difference between you and me. By the way, did you read the WSJ article about wind power and square footage? It should be on the net by now. Iggy.