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ThomWV (1000+ posts) Send PM | Profile | Ignore | Sat Apr-12-08 10:01 AM Original message |
Wonder if the Government will bail out Oil Investors when the Petroleum Bubble bursts? |
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Skink (1000+ posts) Send PM | Profile | Ignore | Sat Apr-12-08 10:08 AM Response to Original message |
1. That will mean the dollar will be worthless and that won't happen. |
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ThomWV (1000+ posts) Send PM | Profile | Ignore | Sat Apr-12-08 10:09 AM Response to Reply #1 |
2. Not worthless, just worth a lot less. |
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MikeDuffy (309 posts) Send PM | Profile | Ignore | Sat Apr-12-08 10:13 AM Response to Original message |
3. And if a permanent Peak Oil tight oil supply situation has been reached? |
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ThomWV (1000+ posts) Send PM | Profile | Ignore | Sat Apr-12-08 10:28 AM Response to Reply #3 |
10. Wishful thinking on your part Mike. |
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MikeDuffy (309 posts) Send PM | Profile | Ignore | Sat Apr-12-08 10:35 AM Response to Reply #10 |
11. Does this chart seem to indicate "tight oil supply" to you? |
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ThomWV (1000+ posts) Send PM | Profile | Ignore | Sat Apr-12-08 10:38 AM Response to Reply #11 |
12. Mike, your chart shows oil supply going up - a mighty good sign, I'd say |
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MikeDuffy (309 posts) Send PM | Profile | Ignore | Sat Apr-12-08 10:44 AM Response to Reply #12 |
13. Everyone who thinks that chart shows the world is "awash with oil" |
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Prefer (1000+ posts) Send PM | Profile | Ignore | Sat Apr-12-08 10:13 AM Response to Original message |
4. The world is awash in Oil |
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Zynx (1000+ posts) Send PM | Profile | Ignore | Sat Apr-12-08 10:17 AM Response to Reply #4 |
6. We aren't awash in oil, but prices are higher than they should be given inventories. |
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Zynx (1000+ posts) Send PM | Profile | Ignore | Sat Apr-12-08 10:16 AM Response to Original message |
5. The stock market didn't exactly plummet when oil was in the toilet during the 1990s. |
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ThomWV (1000+ posts) Send PM | Profile | Ignore | Sat Apr-12-08 10:24 AM Response to Reply #5 |
7. True that, but immagine the shock of seeing Exxon have a losing quarter. |
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Zynx (1000+ posts) Send PM | Profile | Ignore | Sat Apr-12-08 10:26 AM Response to Reply #7 |
8. I think it might cause a couple days of difficulty, but long term it is a huge positive. |
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Pavulon (1000+ posts) Send PM | Profile | Ignore | Sat Apr-12-08 10:28 AM Response to Original message |
9. I cant wait.. |
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L. Coyote (1000+ posts) Send PM | Profile | Ignore | Sat Apr-12-08 10:49 AM Response to Original message |
14. They already have bailed out big oil, or should I say "lubricate" ?? |
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Zynx (1000+ posts) Send PM | Profile | Ignore | Sat Apr-12-08 10:57 AM Response to Reply #14 |
15. Regulating the crap out of them is preferable to nationalizing them. |
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