Monday, October 27, 2008

A Volatile Market

"I think $100.00 a barrel is a fair price" - OPEC oil minister on where he thinks oil should be priced.

Do they just pull these numbers out of their collective asses or what? What ever happened to "market fundamentals" like supply and demand? Hey Jack, if there's no demand for oil because the global economy has tanked, then oil is worth whatever the market will bear, not whatever you think is "fair". These guys don't even realize that by artificially raising the price, that they'll just delay an economic recovery, and thus demand for oil.

This kind of volatility is what drives me to drive a car that doesn't play the Oil Game. I'm so mad at energy producers that I'm really, really trying to figure out how to get my hands on some solar panels. I consume 360-400 kWh per month of electricity for driving. If I generated that much with a solar, grid-tie system, I am essentially driving on sunshine. Of course, if I were really bitter, I'd fork out $40k for a system that generates 1400 kwh/month and eliminate my electric bill completely and be off the grid.

I see 2 silver linings in the current economic failures:

1. People have not yet reverted to their normal, wasteful driving habits. SUV sales are still down, small car, hybrid sales are still up...for those who can actually secure a car loan.

2. People are listening to these assholes at OPEC talk about raising the cost of energy in the middle of a recession when people are struggling and it's making them angry. That means that alternative energy development hasn't yet collapsed in the face of cheap gas prices.

People definitely need to understand that the market is volatile, the pundits are lousy at predicting the future, and you could get pump shock again in the near future, especially if it's a really cold winter. We need to keep pushing, keep developing, and not slack off just because gasoline prices have dropped 40%. If anything, this is a welcome breather while we come up with solutions to wean us from the petroleum tit.


Anonymous said...

Hi !.
might , probably curious to know how one can reach 2000 per day of income .
There is no need to invest much at first. You may begin to get income with as small sum of money as 20-100 dollars.

AimTrust is what you thought of all the time
AimTrust represents an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.

It is based in Panama with offices everywhere: In USA, Canada, Cyprus.
Do you want to become an affluent person?
That`s your choice That`s what you desire!

I`m happy and lucky, I began to get real money with the help of this company,
and I invite you to do the same. It`s all about how to select a proper companion utilizes your savings in a right way - that`s AimTrust!.
I take now up to 2G every day, and my first investment was 500 dollars only!
It`s easy to start , just click this link
and lucky you`re! Let`s take our chance together to feel the smell of real money

Anonymous said...

You may probably be very curious to know how one can make real money on investments.
There is no initial capital needed.
You may begin earning with a sum that usually is spent
on daily food, that's 20-100 dollars.
I have been participating in one project for several years,
and I'm ready to share my secrets at my blog.

Please visit blog and send me private message to get the info.

P.S. I earn 1000-2000 per day now. [url=]Online Investment Blog[/url]

Anonymous said...

I'm the kind of hombre who passions to taste hot things. Right now I am fabricating my own pv panels. I am doing it all by myself without the aid of my men. I am utilizing the net as the only path to acheive that. I ran across a really amazing website which explains how to contruct solar panels and so on. The place explains all the steps required to pv panel building.

I'm not exactly sure about how precise the info given there iz. If some guys over here who had experience with these things can have a see and give your feedback in the site it will be grand and I'd extremely appreciate it, because I truly like solar panel construction.

Tnx for reading this. U guys are the best.

Anonymous said...

Hi there!
I would like to burn a theme at here. There is such a nicey, called HYIP, or High Yield Investment Program. It reminds of financial piramyde, but in rare cases one may happen to meet a company that really pays up to 2% daily not on invested money, but from real profits.

For several years , I make money with the help of these programs.
I don't have problems with money now, but there are heights that must be conquered . I make 2G daily, and my first investment was 500 dollars only.
Right now, I'm very close at catching at last a guaranteed variant to make a sharp rise . Visit my blog to get additional info. [url=]Online Investment Blog[/url]

Anonymous said...

geotorelxzp consolidation loans
consolidation loans

Anonymous said...

I hаve been browѕing on-lіne greateг thаn three houгs today, but
I never ԁiscoνeгed any interesting
аrticle like уοurs. It is pretty value
enοugh for me. Perѕonally, if all site owners
and bloggers madе gοod content material as yοu ԁid, the
web will probably be much more uѕeful than evеr

My webpage ... games facebook

Anonymous said...

Check out the bottom of one of the notice emails
and you can opt out any time.

Here is my website; xerox phaser 8560 ink

Anonymous said...

Thanks for an thought, you sparked at thought from a angle I hadn’t given thoguht to yet.
Now lets see if I can do one thing with it.

Take a look at my page not getting pregnant

Anonymous said...

Good day,
Am making use of Hp LaserJet 1018 printer for my Mac manual pro.
Actually am made use of home windows xp formerly to my system.
Now it is updated with Mac OS X Snow leopard.
Right here is a trouble with motorists that unable to operate well with the system.

Visit my webpage :: xerox phaser 8560 ink