The worst thing about Al Gore is that he KNOWS his global warming crusade is, in fact, a scam. But he is making so much money and is always in the limelight, so he continues it unabated.
Obama's total and complete incompetience I think this ripples the oil markets sooner or later IMO. Seems if they start selling oil in other currencies the dollar will take a big hit (especially with the mess Obama has created financially) and oil with go up. Of course, if this is the straw that starts the decline of the dollar as the worlds reserve currency we are in deep schiiit.
Thoughts from those smarter than I on such things.
They have my name, address, and phone number. We have an anti American Marxist in the White House and people had better wake up.
Only the extreme idiot Payback could even dream of calling Obama a Brillian Athlete. Now if lying consistently and preaching endless class and racial hatred qualifies as being an athlete then I guess Payback would then be correct.
KOG surge during that period. Made about 10 times more on my KOG stock then I made at work. Lots of talk in the oil patch about advancements in fracing tecnologies and the benefits that will be coming to the companies using such. Good news for KOG. Now off to watch the football game.
Funny--It isn't even 9PM eastern time yet. So this will not be "released" and posted for two more hours and you already have it here. You are amazing.
Somebody's fixing to take it in the shorts, and I am betting it is not the longs. Must admit I am surprised by this.
Oil heading down. Let's be real. This is a big deal. This was one of my fears when stating that $90 oil was coming--and maybe lower. Of course the idiots on the board call me names and say I am a basher just because I state what seem to be facts to anyone with a brain bigger then a peanut. Oops, just eliminate a bunch of the name callers. Bullies are what these guys actually are trying to be, but it doesn't work here like in grade school.
much sucks. Maybe the drop in oil pirces. Getting worried KOG is going to drop back to the $10's or less.
is certainly good to see. Maybe we can see a rally in the oils tomorrow.
It will continue unless Peterson decides to use the higher stock price to leverage to buy more acres. He could do such via more debt or more shares. He has shown his desire to expand the company rather than increase shareholder value historically.
Hopefully he is in the "increase shareholder value" mode now and not the growth at any price mode.
No, this stock is rising because they are hitting big oil numbers in their 2nd and 3rd layers plus their multiple drilling from one pad concept and success showing increased reserves in their older land and also saving money with their new drilling techniques. They would probably be even higher without the last land purchase and debt increase.
I really can't believe anyone gave you a thmbs down on this totally factual post.
title is "How to become FILTHY RICH while bankrupting shareholders".
Good thing Buffet owns trains or Obama might make hauling oil on trains illegal. Anything to hurt the USA.