rails I have to admit after reading your Castro to Benghazi comparison and how it was Kennedy who put in place the screwed up foreign policy that was anti Castro I am a little nervous about being in on the FRO gamble with you lol.
How many findings on Benghazi are you going to dismiss simply because they deal with fact while you want the facts to be your facts? The State, CIA, Defense are all full of career employees who have to carry out the wishes of the white house. You know when the CIA cooked the books for WMD for GW and Defense and State nodded in agreement. When the truth was told the white house went after the wife of the man who told the truth. Over 5,000 dead and 50,000 wounded and you want to talk about Benghazi? Do you think Obama ordered the ambassador to go there? The guy went on his own knowing the danger and he paid for his mistake as did those who died with him. GW and his boys sent 5,000 others to die for nothing. The mess today is far worse than anything Saddam ever did to the US anyway. ISIS would not be here today if Saddam was still in charge of Iraq. Iraq had NO WMD and nothing to do with 9-11 and was under an air cover that had him hemmed in but GW said we have to go.
Man I hope you are a better gambler than a person who remembers the facts of history. Kennedy inherited the bay of pigs and a foreign policy that was already anti Castro. I think he should of called the whole thing off and tried new approaches to Castro but instead he did what Obama did with the Bush foreign policy disaster and try to find a way to win or save face. Sometimes the best policy is admitting you are wrong and get the heck out. So far Lybia has been positive and if the worse price we pay for that win is Benghazi then we get lucky and Benghazi was worth the price. Frankly down the road I see labia being as much a problem as Iraq. But I hope I am wrong.
dakine you can not outrun the radio lol. Nor can you recharge while running.
Boats have had electric motors for a while and sailboats are toying with them but most of the sailboat industry is not for the top 10% of the eco class and lets face it if you are into sailing you like to waste money.
The engines however are weight to power positive for a sailboat and can be ran off a diesel charger and still save money on operation but I doubt many "gas monkies" who can work on electric motors as electronics in a salt water pond just do not go to gather too well.
They of course have electric drag cars and motorcycles but Harley didn't beome Harley off of winning races and it is the sound that you want at the drag strip. I mean really so you win nobody heard you win what fun is that??? Bottom line with electric cars a toy for the rich to show off with and not much else. If in 50 years they are electric filling stations out in the middle of no where they will be electric cars then. But this is question of build the stations with fast charging times and the cars will follow. Natural Gas car, buses and trucks have been around over 50 years but no filling stations have keep them in service to Gov use for the most part where they can be refilled. Beside the American car buying public thinks that gas down below 2.50 means who cares. I see no threat to jobs at the gas car filling stations, and manufacturing plants and dealers from electric cars. One day maybe but not in our life time.
bluhorse I own some LNCO and LINE both and FRO but I do not agree with you on how the price of oil will work out lower. The price of oil has dropped over 40% while having less than 3% more oil than demand.
OPEC alone can control that so the supply and demand is not the issue to the degree that we see the price of oil. What is the issue then? IF oil remained over demand and at 90 bucks NOTHING would stop all the E&P boys from drilling and fracking and adding to the oversupply and a lot of that in the good old USA.
By dropping the price of oil down to 60 bucks you send a clear message to the E&P community to drill at your own risk. Yes there is a lot of shale oil and deep oil such as Balkens but if the cost to get it is 75 bucks a barrel then no one has any reason to drill for 60 buck oil. The big boys are in refining as well as E&P as well as plastics so they can afford the down turn and buy up the best leases from those who have shaky balance sheets. I also think we are seeing OPEC playing some GEO Political football as well testing their muscle against Russia, Iran and Ven. in a who has to have oil money to be standing game. The EU is the big winner because they are buyers not producers. The cost of all things EU will go down and the cost of living will go down making more spendable income for other parts of the eco. No big layoffs in oil patch like US.
IF you are right and oil stays where it is or lower for over a year LNCO or LINE may not be the best place to invest. If oil NEVER recovers as you also seem to see then both will go BK as both carry a lot of debt and both would and will cut the dividend if oil stays low and hedges run out. I frankly do not see how you can be thinking about buying any E&P MLP or stock co. if you really believe we are in period of 60 dollar oil. You will lose your shirt if that holds. ALL the small E&P included LNCO have high debt built on the idea of oil being 80 bucks or more.
dakine it is the Communist that cause these right wingers to get all bent out of shape. The crooks that stole all they could from the country of Cuba before Castro over threw them were as bad a #$%$ bag as Castro.
There was NO democracy in Cuba it was pure Capitalism without compassion or concern for the 90% of the people who they exploited for their gain. I can only suppose that the right wingers would love to the USA follow the Batista style of giving the rich more and let the poor eat cake.
Hitler was a dictator who was power hungry more than money hunger and a deluted nut job but he did a lot of good for Germany and its people before he destroyed them in War. Stalin was a evil murder who used Communism to exploit his Dictator policies. The USSR used a corrupted form of Communism to take care of the elite party members and push the foreign policy of world influence and gave the average Russian only a little better life than the Tzar's had given them and only the ones that were not murdered by Stalin got that benefit. Putin seems to be following in the Stalin form of Gov. Tito in what was Yugoslavia did indeed use communism as a form of Gov. that brought the people a higher standard of living than ever before but sadly the racial and religious hate not even Communism was able to cure. Once the strong arm of Communism was removed the people turned into animals and murdered and destroyed for old reasons.
Some who live in the USA who's family came from Cuba think they want to go back to what their family once owned or had but most of them would not go back for only Democracy but would want to be in the ruling class of Cuba and take back all that was lost and go back to their old ways of enjoying all they can while not caring about the rest of the nation. The Cuba in their minds would appeal to those who believe it is their right to crawl over the bodies of others to get what they want. A Gov system can be good or bad since people run it
nikky what you posted if you really believe it shows you really need to use the internet to educate yourself in how the EU and the UK pay for their health care and social programs (our SS). Luxemburg for example when I visited there in 2011 is a small country that looks more like our suburbs that our cities with little of the business we have in the US has less than 6% tax which funds their Health care and SS type system.
Look it up on the net nikky. Are you against doing health care the way the rest of the world do it because it threatens you some how? Frankly I am amazed that folks like you who care about cost insist on the most expensive health care system in the world. What does it do for you personally? Surely it can not be strictly for political reason they are for it so I am against it? Drug cost alone would make a HUGE cut in Medicare & Medicaid as well as to your personally if we followed what the rest of the world does with drug price fixing.
What is your reason for being against that? Do you enjoy paying more for drugs so we can watch drug commercials on TV? You are so concerned about being "ripped off" by the Gov and yet you let the drug co. doctors, Hospitals, and insurance take from you with your support of them being able to get all they want.
It is not even like shopping when you are sick they have a monopoly which you must play their game. You may choose the doctor or hospital and insurance and drug even but you MUST play the game by their rules.
It would be like every gas station in America all setting a price and not telling you about it and then you have to go to the gas insurance co. to buy gas insurance to protect you from the high price of gas. There is NO free enterprize in our health care system. You get operated on in a Hospt. you do not know what is covered and what is not as doctors in the hospitals may or may not be covered by your plan or their service.
This you like? Really?
cashewking the low price of oil works very well for EU and USA dealing with Russia and IRAN. The pain we will feel as investors is one thing the pain of higher job loss and good paying jobs on the US eco is another and finally the lower cost of fuel will be positive for all those that do not feel the job loss or slowing down of eco and higher debt levels by the Gov.
With all that into account IF OBAMA had a hand in this it is the most brilliant thing he has done while in office as it puts HEAT on Russia which under Putin has turned very much like the USSR of old and has partnered with India to develop a fighter as good or better than any we have with other weapons funded by oil on the drawing board.
The EU can afford to do what they want with Russia in form of embargo as Saudi oil will replace Russian oil and sold to EU at a much cheaper price. Yes it will cost the US Gov and the Saudi's some money but Putin has to release now that his action are not without eco. cost. Russia is a lot more dependent on oil than we are and while it may be painful for us and the US for a year it will force Russia to lower her colors or fight one or the other and to fight is to lose an even Putin understands that I hope. Iran has again felt the slap across its face from Saudi who remains the #1 eco power in the middle east.
Oil makes for strange bedfellows does it not? BTW the big oil boys will do really well as will the Big market MM boys who make tons of money off the shorts then the run ups as Big Oil will eat up the small boys and all the leases that are going to be sold off for crumbs and that is where LSTMF must find a buyer if they are forced to raise capital in a down turned market by selling leases.
I doubt ANY US President could of pulled this off but if Obama did it was risky but bold and address Russian aggression which had to be dealt with. If he did not which I believe Is the case then he is very lucky indeed that Mr. Putin has now to take a slap.
Rails the only thing the Demo party has going for it in my eyes is they are not the GOP. The Supreme court GOP appointees have said that money can buy all the votes they want too. They have ruled that it is legal to Gerrymander and rig elections. Gerrymander used to be a bad word and today it is how politics is done in the USA. The people perhaps do not deserve a Gov since they do not turn out to vote and seem happy being victims.
The only Golden rule that applies today in the USA is He who has the Gold makes the rules maybe it has always been that way and always will but for the sake of those who come after me I hope it will change one day but it will be a big uphill battle. Much easier to take a gamble on a stock than to try to figure out why 65% of voters stayed home last election.
Right now I am down on MHR but not as bad as I was down on FRO before the last week lol.
Mr BS I often disagree with your post but I give you a thumbs up for this one. Clearly the state of VT can not "reform" the medical system in a single state and frankly the Gov. was silly if he thought he could. You are also correct that states that refused to expand Medicaid did an injustice to the poorest of the poor. Texas before ACA was the highest % state in the US for uninsured folks and they had to use ER or Medicaid or Medicare if old enough. Our great state with over 15 billion in a rainy day fund choose to kill people instead of taking care of Texans. Health care is not like any other "system of Gov. or Private Sector" since it is life and death to far too many who need health care.
I would of loved to been furnished with this alleged United Nation information servey results as some of the things posted fly in the face of facts otherwise available and you at least start off your post with your source and I always know where your getting your post.
I agree with you that we need to work on cost. The BIG ticket item on health care cost is Drugs. All forms including Chemo cost. To attack cost means to attack pure market based capitalism and embrace some form of Gov control on med cost and cost of procedures. I was in the ER of a hospital for 6hrs the last 3 waiting to be transferred to another hospital. Over 23,000 for those 3 hrs and that was not doctors only Hospital equipment. I got a bill for 1300 for the doctor and ER use. I guess the ER is not part of the HOSPITAL??? I told my insurance Co. I suspected FRUAD as I did not remember getting a CAT Scan and how X rays and Cat scan could total over 10,000 dollars but the response was Yea its expensive today. A large part of cost is profit and fraud and little in ACA or any other type of health care reform address either of those cost. Time to limit what a doctor can make as well IMHO. Either they are healers or Capitalist up to them to decide which.
mark if the hedges cover ALL the oil that CHKR has to market it will not I believe provide enough income to trigger the subs units. In fact this last distribution can be around what to expect from hedges sales and that will last for what another year? The hedges are finally working us unit holders but production being so low I just do not see the sub units getting anything even with hedges. They may have more hedged than they produce since they missed production so badly and they could indeed trade them for cash profit for oil but again doubt we are talking that much money. IF the trust pays out 2 bucks in distribution over the next 4 quarters at today's price that leave only around 3.50 to recover and then make a profit over the last 15 or so years of the trust. Hard to see that as not a good chance to make some money unless stays at the current price which no one expect to happen in the LT maybe 2 years at most.
bogwa please explain to me how allowing US oil to be exported would help? The US now does not produce as much as we use. Any tariff's would invite a counter measure by the countries we buy oil from or they would merely sell to other countries. The American Consumer would be the losser. You seem to want to "Stem" the oil business to save jobs or save your stock price perhaps?
All that aside the USA is not the big losser in this. RUSSIA and IRAN are. They both need oil money to run their Governments. You are correct about unemployment in the oil patch and it will start to be felt in 2015 if oil stays high. However in Russia Putin plans to blackmail the EU are in danger as well as his defense spending which has increased. From a Nationalist American point of view the pain of lower gas prices and oil prices will help the USA a lot more than Russia. It is no accident that BIG oil, OPEC and the US Foreign Policy all find themselves in the same bed. Demand in oil is still increasing at a higher rate each year and what your seeing now is oil production has risen to overtake demand by a few % points. Nothing as major as the 40% fall in the price of oil but for Geopolitical reason the US Gov. right now has no reason at all to try to pressure SA to do anything since Russia is feeling the pain a lot more.
Big oil will be the winner as well. They will buy up the smaller co. that go BK or forced to sell good leases and when oil prices return it will be big oil who holds the better hand. AXAS will make it through just fine just as well as it was doing. It may take a few years before oil returns to above 80 bucks and AXAS like all small corps E&P will have to lower cost, drill only high production wells that cost less to drill and learn to live on less.
That should mean pay cuts or no raises for the boys at the top while oil is down but don't hold your breath for that one.
rails you and me clearly do not see eye to eye on politics but we both are Gamblers. LSTMF a lottery ticket below 1.30. Hedges will keep the effect of low oil down for a while and if Oil regains to say 80 bucks they will in good shape.
They just cut their dividend to .015 cents a month which is still over 10% they are Candan and you will pay a foreign tax. PGH is another but the lottery ticket is above 3 bucks on it and they pay about .035 cents a month. PGH has a stronger balance sheet however thus the over 3 bucks.
MHR is another NG gamble. Wheel is spinning get the bets on the table or just watch the game. The market right now has a lot of gamble to it in E&P stocks and right now FRO has given me some chips to place a few new bets.
We will see down the road in a 6 months where oil is trading. Good luck, pay more taxes and spend more money that you make and grow the eco lol. The good old Demo way or bet it on more gambles or figure out a way to take it with you (good luck on that one)
Buster you do realize that you are the SUBJECT of KING do you NOT.
A King that is not democratic nor Capitalist. A King that wants you to be a servant who loves and helps his enemies as well as friends? A King that says you are given to furnish help to others.
Now to you does that sound more Capitalist or Communist?
You spit out the word Communist as if it is a sin it is not. If 70% of those governed are better under Communism than they were Capitalism do you think that God is against such mercy and Compassion.
Cuba has one if the #1 rate of literacy in the world. With that comes the ability for a better life does it not? Compare that to the so called democratic Capitalist dictators that ran Cuba for years. Cuba has without a doubt the best medical care of any other South American Country and even better than the US before ACA and maybe still does for ALL CUBANS. Castro was not those dictators before just out to fill his pockets and the pockets of his friends. He passed on to the common person in Cuba those two gains listed above. The USA actions against Cuba keep Castro from being able to do more for the average Cuban but finally with the rest of the world embracing Cuba as a world partner their lot in life is improving. China is Communist as is Vietnam and other countries we trade with. They are more open and more beneficial to the average person than other forms of Gov. before them. They also are allow more freedom than does Iraq, Iran, Saudi, #$%$ and perhaps even India.
The idea you have been brainwashed into believing is that in ALL situation Communism is bad and Capitalism and Democracy is good.
That simple is not true it as all things depend on the situation that nations and people of the nation find themselves.
If all serve the wrong king nothing is good regardless of what form of Gov it takes but the real King uses whatever Gov is there to dispense mercy and Compassion or his wraft. The King is not limited as you assume.
Buster the point is that CUBA was always controlled by some murderous leader or another. If you know history you understand that this is the truth. The US backed Castro at one time and like Saddam Hus. when he refused to dance every step we demanded he became a person to be killed and replaced. That also is factual HISTORY. The Murderous Dictators before Castro catered to the rich upper class in Cuba and had no concern for the masses of people so they revolted and Castro came into power. We forced him into the arms of Russia he did not abandon us we abandon him. How many times does someone have to try to kill you before you realize they are your enemy?
Our foreign policy against Cuba has totally FAILED yet ever President Demo or GOP has continued the failed policy started by Ike's approved plan of the bay of pigs and JFK's refusal to stop it and to start the policy of embargo. Every country in the World BUT the USA trades and visits CUBA you really think you and the rest of "us" in the USA are so superior that we have it RIGHT and the whole REST of the World is WRONG. Want to know why the USA is viewed by the world the way we are it is that kind of EGO. STUPID is as STUPID DOES.
We under Nixon abandoned changed the way we engage CHINA who we had fought two wars on opposite sides but NOT CUBA. Today CHINA is more of an ally than CUBA and yet CUBA is a close neighbor. What part of love your enemy or neighbor does not apply to CUBA Buster or do you think Jesus words are not for Gov. to heed?
Obama could and should of taken this step toward Cuba his first year in office but he like those before him was afraid to admit the US was wrong and to risk the politics of the powerful Cuban lobby in Congress.
Will engagement in trade and tourism improve our relationship with Cuba? Who knows but one thing the old was a FAILURE. Takes Truth to admit that and guts to try something new. The average Cuban is better today than under Dictators.
rails I look at this "deal" today as overall positive. The last time they did this the number was 1.65 if I remember correctly and today deal is a buck north of that. That is positive no matter how you look at it.
I viewed the 1.65 price as an "insider" point of entry thus when it dropped down to to the buck 1.30 I started to buy and I think the same applies to this new deal price anything you get below that price I think has a good chance of being a money maker. The rates continue to move up and every day that happens makes ALL shippers of Oil look better. I have a buy order in as I have been expecting this retreat from the high and if it hits I will be playing on HOUSE money again. I do not have a clue what it will close at by Friday but if the rates stay up above 80,000 and folks realize that someone just bought FRO stock at a price around 2.70 in a exchange then 2.50-270 would be a good close on Fri target. This Stock is looking a lot better as a LT hold and not just a quick money maker but nothing wrong with quick money.
At least you and I can agree on this stock. lol
lester I believe you are correct that the "deal" was the cause for increase in share price. No one knows how much "fresh" cash flow these higher prices have already gave FRO and will continue as long as they remain high but one thing not to be missed is the share price of FRO in the last deal compared to the one today made public. A buck a share different reflects the rate increase. The almost 10 million in cash I think also shows at least some of the new rate profit.
The last deal saw the price of 1.65 cents ignored as FRO fell to below 1.30 a share but someone knew the numbes just as they do today. 6 months from now the price of this deal will be seen as a nice deal but for some time we may again see FRO fall off the price of the deal just as it did off the 1.65 price. Today fall I think is more about profit taking than the deal and maybe some disappointment that a larger and different kind of deal was not made. Piece meal is never as good as the whole dog in a hunt. However the key is I think "Private". Both of these deals were to "Private Investors" who they are is anyone guess but whoever they are they are not without facts or understanding of the LT value of FRO. A buck a share improvement in FRO deal is hard to ignore and while time may be needed to "shore up" a price in solid 3-4 dollars I take this "deal" as proof that more than the usual stock market run and dump is going on. Yes they is some run and dump and the millions of shares passing hands shows this clearly but their is also some real reason on the table to support the above 2 buck price.
Time will but I see this a good news with a new price of the stock up a buck over the last deal. A buck every 6 months is worth the wait for me at least lol.
dakine I guess the German workers have enough intelligence to vote for people who have the workers in mind? There whole social network is better than ours and cost less because they have taken the profit motive out. If someone is well off and Wants to pay more for insurance or private doctors that is fine and dandy and they can suffer the profit motive of choosing to do that however the across the board medical treatment is much lower in Germany as well as the rest of the EU and UK and the workers benefit from cheaper heath care taxes to pay for the system and cheaper drug cost. Labor laws in the US were passed by the Demo party and yet American White workers vote GOP. Clean air and water laws and safety laws in the work place again Demo passed protection and still the white labor force votes GOP.
You can not cure stupid and as long as white labor force would rather be seen as anti gun control, anti immigration laws, and anti social programs than for labor protection laws then the GOP can continue to give tax breaks to business and the upper 10% earners and protect Wall Street, attack pensions, wages, and pass laws that says you can fire someone for whatever reason you choose. White labor force has only themselves to blame for the slower labor gains that the EU enjoy. Funny in the EU they get more time off and do not spend it with a gun hunting. That may be why the divorce rate in the USA is higher than most of the EU countries. Working harder for less and then escaping to do your own thing is sorta hard on a marriage I suppose. The white male worker in the US has not voted for his own benefit in a very long time and it shows up in his paycheek, worker rights, retirement and the cost of living and standard of living.
But hey he got his guns, does not like #$%$'s, illegal aliens, and those folks on welfare even if more white males are on welfare than black males or Hispanic males. Nice to fool yourself rather than admitting your an idiot.
MHR is another of the beaten up E&P stocks. It is however setting on a big NG find before the bottom dropped out of OIL. Yes they have oil and yes they have debt without those it would not be at around 3 bucks a share and be a good gamble. Take a look at the price of oil and the price of NG. Do the math on the % of drop in both in the last 2 months. Now do the math on the drop in stock price of MHR in the last two months also. Good gamble if they do not go BK with cheap oil and hold on to the NG holdings and LNG kick in and the price of NG stabilizes around 5-6 bucks MHK will be a easy triple or more. Risk sure so do your own investigation and get or not but the train is in the station on this one at a good price.
lake I have to wonder how many white folks in the deep south in an area of deep racism and hatred do not have the courage to say even what you did? I have lots of Muslims denounce the violence and terrorism of radical Islam so Fox either enjoys stirring up the pot with lies (which they do not as it brings them money) and the idiots that watch Fox must all be brain dead and have never seen a Muslim stand up against the terrorism acts. It is funny to see the people that stand and denounce ISIS and last time I checked all those leaders in Iraq, Iran and SA and other Middle East states are Muslim. You have to wonder just how dumb the American public is for Fox news to play that card and get some traction from it.
Of course facts and the right wing never been known for much as many on here even say that the Rev Al encouraged violence when in fact I saw on three separate occasion denounce rioting and violence and unacceptable regardless of the reason. Somehow to the righties on this board and those that watch Fox and those that attend their #$%$ meetings and Tea Party meetings they missed every statement like that that black leaders including the Rev. Al made about the rioting and law breaking. I have not heard ONE BLACK LEADER get up and say it was ok or that it should continue or increase. The lies that the right tell and believe is based on the hate that they tell and believe what they WANT to be TRUE not what is TRUE.
didi gal with Mr F involved FRO always had a very good chance to recover and with the current rates above 80,000 the debt issue is something that the market may now see as not the problem it appeared to be when rates were under 20,000. The rates may fall back down and if it does FRO will surely give some of these gains back but my bet is that FRO will be alive and well this time next year and be priced higher than the 2.84 price I am looking at right now. Still not too late to get back in for the LT ride didi.
Giroux if you think Obama acts like an Alpha Male then I hope you never meet one who wants something you have. The right wingers on this list bawl and cry about how Obama has done this or that and the country is commie since him and all sorts of knee jerk ignorance while you try to tell me the guy actually has a pair?
He has very little at a time when some strong leadership could of really pushed some much needed changes.
He wasted all his political capital on ACA which while better than nothing is no where close to what the rest of the world enjoys in health care cost. He wasted the Stem money by giving it to states like Texas control by right wing nut jobs who did not even give the money to support public schools and set on over 15 billion of their own money in a rainy day account. Texas was not alone. Obama had a chance to be like FDR as the country gave him both houses and a big win in 2008 and by 2010 that was gone in the house because he did not lead but cow down to the GOP right wingers who raised up all the white voter issues and Obama never made a solid move to show white working men that they were important or put any of them to work in WPA projects. The ONLY reason I voted for him in 2012 is because he was running against a GOP guy.
Hillary would of been a great president and would of controlled the GOP hate machine by being a women and white.
Obama and the demo's caved on the spending bill AGAIN. AGAIN the SPIN is "we got the best deal we could get" Given how weak they have acted that sadly most likely is true. Weak leaders can't get much out of strong resistance. You got to take it too them to win and Obama has no take it too them in him.
GW Bush was a GOP Obama except when it came to foreign wars which sadly he shoved down America's throat and got us into the middle east sink hole. I can see you being glad that Obama is in the office and not a GOP but he is NO ALPHA MALE not even close. Harry was Obama is not.