oils prices are down forever!!!!!......??????

The "petrodollar" is the currency (us dollars) which is used to buy and sell Saudi oil.
http://en.wikipedia.org/wiki/Petrodollar

The only difference between a petrodollar and a regular dollar is that the petrodollars don't really make it back inside the US and therefore aren't a normal part of circulating currency.

Makes sense. The King's and Prince's drift around in their gold plated cars while the people eat shit. I wonder how much of the 18 trillion debt has flooded their markets?
 
Makes sense. The King's and Prince's drift around in their gold plated cars while the people eat shit. I wonder how much of the 18 trillion debt has flooded their markets?

The Saudi's are responsible for everything that happens in the U.S. I firmly believe Obozo is their right hand man. The Saudi's were responsible for 9/11 and pretty much control all governmental actions in the U.S. Hell, one of their Princes owns a portion of FOX news. Thus the reason Obozo is steering us straight into a Saudi dictatorship.
 
Makes sense. The King's and Prince's drift around in their gold plated cars while the people eat shit. I wonder how much of the 18 trillion debt has flooded their markets?

I gotta be honest with you, if you were a citizen born in one of those oil baron countries, you would be disgustingly wealthy by virtue of just having popped out of your mother and qualifying for party bags full of imaginable kind of handout.

Those citizens are loaded and the tyrants keep them that way to keep themselves in power. The imported foreign workers on the other hand are probably way worse off.
 
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So nobody on this site is going to recognize that QE purchases stopped two months prior to oil prices going down?

On this site?

Do you think it's all because of QE stopping? I don't see how prices will fall with the stoppage of QE, at least not in the long run. I would think the Fed would need to unwind QE to make prices fall. Bottom line is that I think that this decline is temporary. I think Saudi Arabia is causing some of this.
 
The Saudi's are responsible for everything that happens in the U.S. I firmly believe Obozo is their right hand man. The Saudi's were responsible for 9/11 and pretty much control all governmental actions in the U.S. Hell, one of their Princes owns a portion of FOX news. Thus the reason Obozo is steering us straight into a Saudi dictatorship.

I thought Israel ran the US.
 
I thought Israel ran the US.
Family dynasties run the world. Not all of them friendly with each other. And some associate together in tribes.

Jews certainly do not associate with coloreds.
Chinese have their own racism.
And so on.
 
And all members of a group are exactly like all the other members of that group. Yeah.
 
I gotta be honest with you, if you were a citizen born in one of those oil baron countries, you would be disgustingly wealthy by virtue of just having popped out of your mother and qualifying for party bags full of imaginable kind of handout.

Those citizens are loaded and the tyrants keep them that way to keep themselves in power. The imported foreign workers on the other hand are probably way worse off.

Importing and abusing cheap labor? Why didn't we think of that! Oh, hold on...
 
Not for forever... i don't think so... yes it will go down more... but will be up by February... my estimation..!!!
 
The price action in oil is dramatic. It’s really significant considering it traded so consistently in a range around $100.00 a barrel prior to its recent drop. Three must watch energy stocks as oil prices decline.
 
i am still looking for $40/ba where it belongs , the stock mkt is way over priced and the price of oil/oil stocks will go down with the stock market .

this drop in oil will really help truckers/farmers/home heating costs and hurt the arabs , i love it .

i would add , if someone really liked oil stocks they would be better off trading united states oil fund --USO--
 
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i am still looking for $40/ba where it belongs , the stock mkt is way over priced and the price of oil/oil stocks will go down with the stock market .

this drop in oil will really help truckers/farmers/home heating costs and hurt the arabs , i love it .

i would add , if someone really liked oil stocks they would be better off trading united states oil fund --USO--

"Better off".. How exactly?. The big vertically integrated players pay consistent dividends, and between refining and extraction have the scale and diversity to make money regardless of price..

Commodity speculation is a rich man's game. I would have thought the last few years would have thought that lesson, but I guess not
 
i did say trading , as a investment and also get the dividends of course buy the big oil companies , people must also remember that when a company pays a dividend the price of the stock most of the time will drop as much as the dividend they paid .

if they can make money regardless of the price , i agree , but they will make less money and even cut their dividend , i would love to see $20/ba .
 
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