• Sprott Money
    05/05/2016 - 06:02
    Why is a Deutsche Bank mouthpiece suggesting “negative retail deposit rates or perhaps wealth taxes”? The answer is to (supposedly) stimulate our economies.

Guest Post: Who, How And Why: $140 Oil And $5 Gas

Tyler Durden's picture




 
0
Your rating: None
 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Thu, 01/13/2011 - 17:57 | 874474 goldmiddelfinger
goldmiddelfinger's picture

..and $20.10 for an ounce of silver.

Thu, 01/13/2011 - 18:06 | 874508 treemagnet
treemagnet's picture

$20.10? I don't get it?

Thu, 01/13/2011 - 18:08 | 874517 mynhair
mynhair's picture

They put it there and I'm backing up the truck....

Thu, 01/13/2011 - 18:18 | 874548 treemagnet
treemagnet's picture

I concur

Thu, 01/13/2011 - 19:01 | 874685 JW n FL
JW n FL's picture
by mynhair
on Thu, 01/13/2011 - 17:08
#874517

 

They put it there and I'm backing up the truck....

********************************************************************************

I will shoot you and back my trucks up! Palin Map Rules Bitches!

Thu, 01/13/2011 - 19:03 | 874695 JW n FL
JW n FL's picture
by mynhair
on Thu, 01/13/2011 - 17:08
#874517

 

They put it there and I'm backing up the truck....

******************************************************************************

How many dummy's that are all gold... will have to trade into silver?

how much are you charging as the new bank of "mynhair" for that swap? gives taxation without representation a whole new luster doesnt it? 

Thu, 01/13/2011 - 20:49 | 874963 Betty Swallsack
Betty Swallsack's picture

Me neither.  For shits and giggles, I 'Googled' May 21, 2011, and here is the result (we're all gonna die - again - *yawn*):

http://www.ebiblefellowship.com/may21/

 

Thu, 01/13/2011 - 22:46 | 875181 swmnguy
swmnguy's picture

Thanks for the link.  I hate it when we all die.  Actually, 5/21/11 is the date of the Rapture.  The world isn't destroyed by fire until 10/21/11.  So those of us "left behind" get about 5 months to have fun with all the stuff left unattended.

BTFD!

Fri, 01/14/2011 - 00:35 | 875342 Freddie
Freddie's picture

If the Muni Bond market blows up on 5-21-11 or before it - these end of days Rapture folks will be looking pretty smart.  They sound more sane then The Ben Bernank.  Illinois is going to have a tough floating muni bonds.  Ditto Calif.

As far as silver to $20 - the hot money for gold and silver is going to food commodites and oil/nat gas.  precious metals may cool off for a little while.

Thu, 01/13/2011 - 17:57 | 874475 Bearster
Bearster's picture

T Boone "rent seeker" Pickens

Thu, 01/13/2011 - 18:27 | 874577 downrodeo
downrodeo's picture

ya, I would like to see if he would make money or lose money if his plan was fully implemented. If I had to guess...

Thu, 01/13/2011 - 19:58 | 874823 freedmon
freedmon's picture

Pickens is a scam artist. A little while ago he was trying to greenwash himself with his "Pickens Plan" for wind farms in the Texas panhandle. No doubt, built by friends of his, on lands he owns. He was asking people to support his plan by writing the government.

Now here he is again, asking to feed at the government trough. You know that he's got money in natural gas, and he'd happily take the contract to supply the trucking industry.

Maybe he is a brilliant businessman. He certainly knows where the easy money is.

Thu, 01/13/2011 - 21:35 | 875055 Calmyourself
Calmyourself's picture

As you know he abandoned that plan when no one would pay for the expensive transmission lines to connect his windtowers. ha

Rent Seekers extraordinaire, T. Boone and GE

Thu, 01/13/2011 - 22:47 | 875182 swmnguy
swmnguy's picture

"He certainly knows where the easy money is."

And from whom it is soon parted.

Thu, 01/13/2011 - 23:20 | 875240 Big Red
Big Red's picture

the windfarm(s) were one thing, he was really about water rights...

Fri, 01/14/2011 - 04:40 | 875515 Confused
Confused's picture

BINGO!!!!

 

I find it amusing how this never comes up. This guy is a fucking parasite of the worst kind. 

 

Alternative energy indeed. We can go without oil. Water...not so much. 

Thu, 01/13/2011 - 17:58 | 874477 hambone
hambone's picture

Never happen...Ben will just print more money...uh, wait, that won't help? 

Ok, Never gonna happen cause Ben will print twice as much money...uh, won't help?

Don't triple dog dare Ben...he's just crazy nuf.

Thu, 01/13/2011 - 17:59 | 874478 DoChenRollingBearing
DoChenRollingBearing's picture

Other than the obvious oil speculations, there are other ways to play this jump (if it happens) in oil prices.

-- Au, Ag, Pt, Pd (kind and tolerant ZH-ers may forgive me for repeating ad nauseum)

-- Food ETFs DBA and CORN will likely parallel movemont in crude oil prices

Looks like 2011 is not going to be a kind year to us.  Prepare!

Thu, 01/13/2011 - 18:01 | 874487 mynhair
mynhair's picture

The Mayans can't count?

Thu, 01/13/2011 - 18:09 | 874519 Johnny Dangereaux
Johnny Dangereaux's picture

-12/21/12

Thu, 01/13/2011 - 18:18 | 874543 mynhair
mynhair's picture

vs 5/21/11, a slur on all Mayans

Thu, 01/13/2011 - 18:45 | 874626 scatterbrains
scatterbrains's picture

or maybe even 11/11/11  at 11:11:11 o'clock.

 

look for the party on 111st at apt. #11

Thu, 01/13/2011 - 18:57 | 874669 mynhair
mynhair's picture

OMG!  It takes a stupid response to a stupid comment to generate stupid replies!

I (heart) ZH!

Thu, 01/13/2011 - 20:10 | 874846 CulturalEngineer
CulturalEngineer's picture

42

Thu, 01/13/2011 - 21:37 | 875061 Calmyourself
Calmyourself's picture

That is the answer alright.. For everything, forever and ever.. Thanks for the fish.

Thu, 01/13/2011 - 20:48 | 874961 DosZap
DosZap's picture

Time set?, 11/11/11,111st,#11@11:11:11 p.m.(What zone?)

Thu, 01/13/2011 - 21:48 | 875084 hambone
hambone's picture

Is there a theme (smart casual, tinfoil, toga) or is this just a "come as you are"?

Hate to feel over / under dressed.

Thu, 01/13/2011 - 18:01 | 874490 andybev01
andybev01's picture

On May 22nd all of those holier-than-thou christians are going to wake up to discover that the rapture didn't spirit them away, then they will drive down to the corner gas station and fill up their econo-boxes with $5 a gallon gas.

...and I'm sure it's the former that is going to make then more angry.

Thu, 01/13/2011 - 18:04 | 874503 mynhair
mynhair's picture

but the Libs will still be rolling in their Volts, right?  Until they aren't.

Fri, 01/14/2011 - 04:43 | 875517 Confused
Confused's picture

why does anyone still play into the libs/conservative paradigm? Neither of them speak for you, even if they were truly different. 

 

Thu, 01/13/2011 - 18:23 | 874561 aerojet
aerojet's picture

With any luck at all, they will go all Jonestown on themselves and then there will be a bull market in body cleanup companies.

Thu, 01/13/2011 - 18:52 | 874655 midtowng
midtowng's picture

It never ceases to amaze me how the religious nuts look forward to the apocolypse, as if they know they are holier-than-thou.

Thu, 01/13/2011 - 19:11 | 874712 Blano
Blano's picture

Not all of us do, trust me on that.  I find these date callers offensive as well.

Thu, 01/13/2011 - 20:52 | 874969 DosZap
DosZap's picture

Offensive, no, ignorant.

Only ONE knows the time, and day, and hour.

Thu, 01/13/2011 - 22:12 | 875080 robertocarlos
robertocarlos's picture

If you're not in the top 144,000 then you are doing something wrong. :)

Thu, 01/13/2011 - 19:35 | 874775 Hulk
Hulk's picture

Camping called for the end of the world in 94...wonder if he and his followers will be paying their taxes this year??? I'd just file an extension...

Thu, 01/13/2011 - 18:03 | 874498 101 years and c...
101 years and counting's picture

$3 gas is already killing demand, which is down YoY according to mastercard and spending pulse.

 

 

Thu, 01/13/2011 - 18:05 | 874505 mynhair
mynhair's picture

$3.18 here, but I still have half a tank.  Fill up now, or later?

Thu, 01/13/2011 - 20:59 | 874980 DosZap
DosZap's picture

Does it make a Hill of beans?,react, adjust, drive on.

It will be what it will be.Chinese wont be paying that, Gvt subsdizes their gas/diesel costs.

Actually, all BS aside, I have brough this up here many times,I must admit to being perplexed.

We have more Natural Gas reserves than ALL of the ME,combined.

Yet, instead of offering a $1k option for a conversion swithchover, we are dead set on electric, and trilions of $ of research for electric, someone clue me in, as to why we are so foolish.

All but the largest trucks could operate fine of Nat Gas.

 

Thu, 01/13/2011 - 18:40 | 874524 hambone
hambone's picture

Who's this Mastercard and Spending Pulse you speak of?  WTF do they know?

According to the talking heads on TV (who quote other talking heads), Americans DEMAND more cheap stuff and always will.  Cause they're Merican's...and Merican's are incapable of not spending, even a lack of spendable cash won't stop them from spending. 

If times get harder, look up for a beard shaped bald headed beacon in the sky...run to the helicopters and bring sacks...spending must be maintained.

Don't listen to stupid facts, focus on the all knowing heads.

Thu, 01/13/2011 - 18:06 | 874507 Jasper M
Jasper M's picture

I will call that hand. 

Thu, 01/13/2011 - 18:07 | 874512 mynhair
mynhair's picture

Do you klowns not realize there is a rating system for articles?  I'm the only vote in.....

Thu, 01/13/2011 - 18:13 | 874533 Johnny Dangereaux
Johnny Dangereaux's picture

Mr. Clown to you, pussy...

Thu, 01/13/2011 - 18:15 | 874540 mynhair
mynhair's picture

My mistake, Mr. Klown...

Thu, 01/13/2011 - 18:13 | 874534 Jean Valjean
Jean Valjean's picture

Why should I believe a guy who interchanges the word "oil" when he means "gasoline"?  This is an expert?

Thu, 01/13/2011 - 19:11 | 874714 Navigator
Navigator's picture

+ 1

Thu, 01/13/2011 - 19:12 | 874724 Navigator
Navigator's picture

+ 1

Thu, 01/13/2011 - 19:26 | 874752 Dr. Porkchop
Dr. Porkchop's picture

+1

You will often be junked for being a pedant, but poor spelling, grammar and logical errors will erode credibility for me. Take the time to proofread and hit the damn spell check button.

Fri, 01/14/2011 - 04:17 | 875507 Sabibaby
Sabibaby's picture

...and sometimes you'll be junked if you're just a dick.....

 

hey! I got the captcha rite!

Thu, 01/13/2011 - 18:14 | 874537 mynhair
mynhair's picture

When they make a car with separate tanks for ethanol and gas, color me in.

How hard to put a straw in the correct tank?

Do NOT follow this link or you will be banned from the site!