Moon Kil Woong
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Next is algae based production, hydrothermal (replace some coal burners), thorium nuclear power plants, and a spattering of solar, wind, and weird tech like Bloom Boxes and we have some sort of real energy plan. Great work and ideas everyone.
T Boone would still not be wrong in getting into oil and energy. Gas will always have its allure and demand. Just hopefully the demand for using it to run cars can be offset some degree because as China and other countries start driving we will find it harder and more expensive to pump out more oil faster if not reach theoretical peak oil.
Just One Stock: The Energy Firm Primed to Pump Onshore Shale Success [View article]
This one is interesting although I don't necessarily agree with the buy call. I think this stock will move in relation to energy prices namely oil. It's shift to shale and out of deepwater drilling was a good one given the BP fiasco so management has sense. However, I don't see a divorce from the buyers of this from oil. If oil slips below $100 the stock is sure to follow.
Althought, I wouldn't want to bet against oil betting for further rises is risky. U.S. oil and gasoline consumption has fallen as prices rise. MasterCard SpendingPulse said Tuesday that retail gasoline demand slipped for the fifth straight week when compared with the same period last year. SpendingPulse said gasoline purchases fell 3.6 percent to 64.3 million barrels for the week ended April 1. MasterCard analyst Jason Gamel pointed out that demand has been dropping as gasoline prices surged 31.7 cents since the end of February. QEII may expire solidifying the dollar at the cost of oil, and there is no real supply shortage as people in the know like Saudi Arabia knows. In fact, the main comment against Obama selling some strategic oil reserves was that there was no need because there was no shortage. Of course, they failed to tell him all he needs to say is they won't buy more oil above say $100 and prices will fall to it or below. You can always trust Washington insiders to tell people half truths to get what they want (keeping high oil prices for the oil industry).
Major Oil Companies' Exposure to Libya [View article]
However, it would also fundamentally shift energy demand away from oil for energy and maybe heralding the end to the oil dependence at which point there will be a giant oil glut. At least we could hope this to be true.
Major Oil Companies' Exposure to Libya [View article]
The One Sector You Must Own for the Next 10 Years [View article]
I think it also endangers a lot of the explorers because they also sell lots of equipment to the Middle East. So be careful shopping for oil stocks out there. You may be taking bigger risk than you think and the oil spike may actually be bad for you if your investment's wells are at stake.
Fundamental and Technical Indicators Say This Market Should Turn Downward [View article]
Carry Army Comes Out of the Woodwork [View article]
The US had this all in the 40s to 90's. We are now in the process of losing it and people are saying the solution is to shed our competitive edge even further. It is not. Thank goodness the US still has some entrepreneurial spirit and innovation left. Corporate profits still are able to recover (thus the market rally), however we continue to burden this engine of growth.
This indeed may be one of the last recoveries in the US. Each recovery in the last decade has come back slower leading to slower reemployment of Americans. This is caused by higher taxes, more government, more rigid labor laws, and not keeping up with the rapid pace of educational advancement around the globe. We need less stimulus and more academics, less TARP and more incentives to innovate and invest in capital equipment, and less tax and more incentives to save. We are going backwards towards Europe's stagnant economies.
7 Actions BP Must Take Immediately [View article]
BP's Eventual Bankruptcy Is Certain [View article]
Nowadays don't bet on any TBTF company going bankrupt.
Will BP Have to Evacuate 20 Million People? [View article]