Barber, this should give you a moment to pause and reconsider your position... on ANY subject.
rami36 stated; "I see it the same way."
"If that is the case they should be upfront and just ask to raise the gas tax at the pump instead of trying to sneak in the back door and then blame the greedy oil companies for the price rises."
This is why.
From The Hill 11/4/15
House blocks vote on 15-cent gas tax hike
"The House has blocked a vote on an amendment to the $325 billion highway bill that is being considered this week that would have increased the 18.4-cents-per-gallon federal gas tax by 15 cents.
The amendment, from Rep. Earl Blumenauer (D-Ore.), would have nearly doubled the fuel tax that is paid by motorists to help pay for federal transportation projects. The proposal was blocked from proceeding to a vote on the House floor by the Republican-led House Rules Committee on Tuesday night.
The suggested fuel tax increase would have resulted in drivers paying taxes totaling 33.4 cents per gallon on their gas purchases, in addition to state taxes. The suggested gas tax hike matched a proposal that was included in the 2011 Simpson-Bowles budget reform recommendations.
Blumenauer said increasing the gas tax would been the best way to close a multibillion-dollar transportation funding shortfall that has bedeviled lawmakers for a decade. Cont..."
Unless you think there's any chance of this actually passing you should probably just think of this proposal as the President taking a page out of the Republican "Obamacare" repeal playbook.
I think you'll do well. My average now is just South of $13. I still like the sector moving forward short to medium term. Longer term not so much.
PDVSA runs a refinery in Curacao. "Blending" their crude slate isn't the best of terms for what they have to do to run Maracaibo crude. Dilution would be closer to the truth.
Curacao is Dutch. The Venezuelans could care less whether they have power or not.
DHT just posted for the 4th quarter. EPS is up around 15% from the previous quarter. There isn't any reason that FRO shouldn't equal this or better.
Rami, you don't even follow own advice. You haven't sold. I highly doubt that you've even hedged. All you do is whine and whinge. You can say it's going to rain all you want to but until I see you with umbrella you aren't going to have any credibility. Just give it a rest.
I bought some more today. I think being contrarian to anybody saying "Oink oink oink" or "Ho ho ho" on this message board will lead to a fortune. Oh, that and Frontline is getting over 100% margins on time charter, P/E around 6 and a dividend yield over 10%.
"i noticed in Wal Mart a white guy,pants below his butt , grey boxers ,a tuft of hair in a short pony tail sticking straight up, A pair of large blue ear rings, and unshaven. Would you consider him a left wing nut job."
Sounds like a Trump supporter to me.
Source AP via Yahoo
FBI shows video of Tuesday shooting of occupier
"... During that confrontation, the FBI and Oregon State Troopers arrested five main figures in the occupation, including Ammon Bundy, their leader. The video, shot by the FBI from an airplane, shows Bundy's vehicle stopped by police on a road. A white truck driven by Finicum was stopped but took off, with officers in pursuit. The video shows Finicum's vehicle plowing into a snowbank when encountering a roadblock. A man identified as Finicum gets out of the truck. At first, he has his hands up, but then he reaches into his pocket and he falls into the snow. "On at least two occasions, Finicum reaches his right hand toward a pocket on the left inside portion of his jacket," said Greg Bretzing, special agent in charge for the FBI in Portland. "He did have a loaded 9mm semi-automatic handgun in the pocket," he said. Bretzing also said Finicum's truck nearly hit an FBI agent before it got stuck in the snow. "Actions have consequences," Bretzing said. "The FBI and OSP tried to effect these arrests peacefully." cont..."
Bloomberg - OPEC Delegates Say No Plan for Meeting After Russia Floats Talks
OPEC delegates said there were no plans to hold talks to cut production after Russia’s energy minister said his country was willing to meet with the group next month to coordinate output policy.
Alexander Novak said in St. Petersburg that Russia would be willing to discuss output levels with the Organization of Petroleum Exporting Countries, Interfax reported on Thursday. Four OPEC delegates said they had not heard yet of any plans for talks. The group’s next scheduled meeting is in June.
“It’s possible that Russia could be testing the waters to gauge how OPEC members would respond to the idea of cuts,” said Jason Bordoff, director of the Center on Global Energy Policy at Columbia University and a former senior oil official at the White House.
Oil rose as much 7.8 percent to $34.82 a barrel in New York trading, the highest since Jan. 6, after Novak’s comments were reported. It traded at $33.73 at 10:18 a.m. local time.
Until this week, Russia, which relies on energy for more than 40 percent of its budget revenue, had repeatedly stated its goal of keeping crude production stable even as prices tumble. Still, this months’ slump in prices to a 12-year low has put the country under increasing financial pressure. The Finance Ministry says the nation’s budget deficit, already at a five-year high in 2015, may widen this year as the rout deepens.
At previous OPEC meetings, Saudi Arabia proposed an output cut of about 5 percent for crude producing nations in general, without focusing on Russia, Interfax reported, citing Energy Minister Alexander Novak in St. Petersburg.
When asked if that proposal remains for a proposed meeting with OPEC in February, he declined to comment, saying, “that is exactly the subject of discussion.” Cont...
Regarding Eric Holder, I don't know what you're talking about. If he were a blue smurf, I still wouldn't know what you're talking about.