Ha...........know what you mean. I would just as soon have $100 oil and my DIVERSIFIED portfolio get back the 8% I have lost in the last month than save $40 a year in gasoline.
I only use 200-250 gallons a year between a 4 x 4 and a 4 banger car so I want higher oil to lift my stocks ! Sad thing is,they talk of a glut and we don't see any glut here in the west. The gas is priced so high you would think there is a SHORTAGE and they are pricing it high to keep one AWAY from the pumps.
Pure mental issues when you have to have multiple aliases to congratulate one of your other aliases.
You must be a real fun bowling partner.
If it wasn't for Duke having such an awesome day today......my entire portfolio would be red instead of green.
So much excitement over a 4% increase in dividend ! ! !
11 headlines and it is all about them and not ONE for our RSO.
Can't be good. Not ONE headline for our RSO.
Most here,I believe, are so far under that they won't sell to realize an actual loss and are hanging on for better times. It's a tough row to hoe and I have been there and done that.
Is that October 1st or October 31st?
If it is the former....you have 9 days to have the biggest turnaround in UTC history !
If someone says MMs are just manipulating this to "shake the weak hands out" I will choke them. I hear that so often on boards it is sickening.
Selling assets is never a good thing.
Tell me Tom.....if you had to sell the Lexus and take the bus to make late house payments.....is that a good thing or a bad thing?
The West Polaris was SDRL's 2nd biggest money maker.
WHEN THERE WAS MONEY TO BE MADE.
They are wrong and you are even more wrong.
The end of the peak usage for crude in America is in three weeks.
As much as you tout China and India United States is still the # 1 user of crude in the world.
After Labor Day usage drops significantly = MORE SUPPLY.
Talking .60-.70 drop at the pump by Thanksgiving.
If you had READ the article I posted on this page,you would have read that 60% of on shore fracking has been shut down,but only a 2% decrease in production has been affected. Just two percent !
And like you stated......usage is going to go WAY DOWN after Labor Day.
Ya can't mess with reality !!
It has always moved inversely to the dollar. That is why I have been in this for over 20 years.
Weak dollar usually means higher PPS for GIM.
Dollar is soaring,Chinese Yuan is falling.
Can't GIM make adjustments or do they just sit on this with the status quo?
Does management EVEN CHECK this?
HELLO? ANYBODY OUT THERE?
He is pretty amusing !!
Typical Russki....can never admit mistake.
Must always save face !
It is Russian way.
Doesn't stop me from commenting on affairs though.
You can go on and on and ON about LNG and the perceived big advantage and I can comment on ongoing world affairs that are denting the PPS of this.
I'm still up pretty good on my entry point,but disheartening to see the PPS get hit almost daily now.
NO ROSE COLORED GLASSES FOR ME.