Posted on 01/09/2014 10:46:29 PM PST by ckilmer
ping
I followed Yardeni throughout the 2000 rollover problem. Guy sees a long way out.
Whaaaat?
The post-obama era could be very prosperous for America.
With all of this oil I’m still paying $3.50 a gallion for gasoline and $2.89 for propane. We’ve become comfortable with the price and I don’t believe it’ll go below the pre Obama years no matter how much of a glut we have. It’s price fixing.
Ironic that the nation’s independent oil men and oil companies have been the one bright spot in the Obama Depression. Thanks to them, there are some parts of the U.S. that are creating jobs for thousands.
Absolutely NO credit should be given to Obama and the rest of the enviro-nazis, who have done everything they could to stand in the way of this energy boom. They wasted billions of tax dollars funneling money to their cronies in green energy scams at the same time. If life were fair, they should have all frozen to death last week.
But imagine how much worse our economy would be without this.
Puhleeeeeez. How would that work?
Economists have recently been scrambling to crank up there U.S. GDP growth forecasts.
Hmmm. Maybe they should "crank up" their spelling first.
Their/there, loose/lose. I even see where/were. Pathetic.
Puhleeeeeez. How would that work?
Easy, here in PA the price of gas dropped so they raised taxes hoping no one would notice.
That I believe.
How will this increase in production yield measurable profits? The increased supply at cheaper prices have lowered the price. Lower unit sales price means less profit.
How can I invest to benefit from the change?
Let’s hope US Economy does not follow Saudia Arabia’s petroleum enabled welfare model.
“How can I invest to benefit from the change?”
Look into power generation capacity investments. Heck, the UK government just set a strike price of £155 per megawatt hour for offshore wind farm energy production. That’s three times the price of wholesale electricity.
I also expect that the UK will be importing gobs of gas from the US in the near future. The Brits are not happy with Russian gas imports and the clunky Norway gas pipeline can no longer be relied on. In addition, North Sea production is in decline.
You might look into gas export facilities here in the US for investment plays.
Do your own research. Have fun.
How will this increase in production yield measurable profits? The increased supply at cheaper prices have lowered the price. Lower unit sales price means less profit.
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correct. it ain’t as easy as it looks to invest in the right companies.
Amazing.
But imagine how much worse our economy would be without this.
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all the terrible things we’ve heard from the gold bugs about federal fiat money would be true if it were not for the incredible money miracle that increased oil production is performing.
Absolutely NO credit should be given to Obama and the rest of the enviro-nazis, who have done everything they could to stand in the way of this energy boom. They wasted billions of tax dollars funneling money to their cronies in green energy scams at the same time. If life were fair, they should have all frozen to death last week.
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agree. they still may well succeed in throttling production by making agreements with Iran that result in that country bringing a couple million barrels onto the market and killing the price of oil prematurely.
(I’m in favor of killing the price of oil but not until the USA is full oil independent. Some of the prolific fields have break even in the 80-90 dollar range. A drop in the price of oil would throttle their production.
The post-obama era could be very prosperous for America.
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Yes. That’s the bottom line. There’s a great tide of money coming the way of the USA. Its a tide that first receded back in the 1970’s with the first OPEC oil strike.
One result of the incoming tide of money is that federal budgets will balance and social security will be solvent for the next 40 years.
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