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PeakOil is You

PeakOil is You

Put your money in oil--now!!

Discussions about the economic and financial ramifications of PEAK OIL

Re: Put your money in oil--now!!

Unread postby lowem » Wed 14 Oct 2009, 10:24:20

evilgenius wrote:You know, if there hadn't been a run-up last year $75 a barrel would be considered pretty high. Somebody else on this site, I can't remember whom, said recently that there was resistance at $75 that will be hard to penetrate. This is an interesting time.


That might be me grumbling about a glass ceiling.

Looks pretty cracked now :lol:
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Re: Put your money in oil--now!!

Unread postby threadbear » Wed 14 Oct 2009, 22:33:34

It's all about the dollar. The price of most commodities is going to continue to creep up. That's why I'm back here...back for the ride. If gold goes to 3,000. per oz as Tice of Prubear predicts, all commodities will synchronize, somewhat.
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Re: Put your money in oil--now!!

Unread postby kiwichick » Fri 16 Oct 2009, 15:45:11

oil @ $78.62

next fib retracement $83 then $92
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Re: Put your money in oil--now!!

Unread postby kiwichick » Fri 16 Oct 2009, 15:50:02

buying smallcap oil/gas

majors will need to buy up smallcaps as reserves fall

also uranium

and geothermal

and biofuel

and wave

also water and natural fibre ( wool, cotton)
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Re: Put your money in oil--now!!

Unread postby evilgenius » Sat 17 Oct 2009, 11:51:59

kiwichick wrote:buying smallcap oil/gas

majors will need to buy up smallcaps as reserves fall

also uranium

and geothermal

and biofuel

and wave

also water and natural fibre ( wool, cotton)


I'm with you on this. I have been wondering if the supply of good small-cap oil companies will run out (maybe soon) long before actual shortage of oil brings permanent change?

As things have stood the majors have been a bad place to be, except for the one's that pay large enough dividends. Most of the opportunity to make a lot of money investing in oil companies has been with small and mid-cap companies that are either in a position to get bought out or leverage what they have into something.
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Re: Put your money in oil--now!!

Unread postby kublikhan » Sat 17 Oct 2009, 15:04:10

dinopello wrote:It's all pretend money until you sell.
Not necessarily. Some oil stocks pay out nice dividends, especially the MLPs.
The oil barrel is half-full.
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Re: Put your money in oil--now!!

Unread postby Revi » Sat 17 Oct 2009, 22:22:10

USO closed Friday at $40.45, so I guess it wasn't such a bad idea after all. I bought just enough to hedge my gasoline use.

If I have to pay $300 extra for our gasoline, I made that with gains in USO.

That's the way I rationalize it anyway.
Deep in the mud and slime of things, even there, something sings.
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Re: Put your money in oil--now!!

Unread postby dinopello » Sat 17 Oct 2009, 23:37:06

kublikhan wrote:
dinopello wrote:It's all pretend money until you sell.
Not necessarily. Some oil stocks pay out nice dividends, especially the MLPs.


Oh yes, so true. Unless you reinvest the dividends. But that is exactly my primary strategy for the last 10 years - dividend stocks. The energy ETF's I have mostly have sucked because of no dividends and high volitility (buy and hold not apparently a good strategy with those). I'm not great at investing, but I am slow.
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Re: Put your money in oil--now!!

Unread postby Tanada » Sat 31 Dec 2016, 08:20:22

We have not really talked about it much around here of late but IMO if you have A) storage space and B) funds; this is the time to buy extra gasoline/diesel/kerosene. I think as I have said so often we are well past bottom now and prices will only go up for the next few months.

That isn't to say go crazy and buy 1,000 gallons if you only consume 10 a week. But the house I grew up in used Fuel Oil #2 aka Diesel #2 with a 350 gallon tank that had to be filled every 4-8 weeks depending on how harsh or mild the winter was. If you are in that situation and your late summer/early fall fill is about gone now it is time to top the tank to max capacity, not get a half fill hoping prices will drop in a few weeks.
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Moved earth and heaven, that which we are, we are;
One equal temper of heroic hearts,
Made weak by time and fate, but strong in will
To strive, to seek, to find, and not to yield.
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Re: Put your money in oil--now!!

Unread postby GoghGoner » Sat 31 Dec 2016, 09:38:28

Some crazy bets last week. $100 oil by the end of 2018 doesn't sound far-fetched to me, tough.

Someone Bought a ‘Relatively Cheap Lottery Ticket’ That Will Pay Off If Oil Hits $100

December 2018 call single most-traded Brent option on Tuesday
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Re: Put your money in oil--now!!

Unread postby ROCKMAN » Sat 31 Dec 2016, 09:43:40

T - Or if one wanted to hedge against higher gasoline prices they could have bought a few shares of Chevron 12 months ago and made $27/share...a 30% return.
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Re: Put your money in oil--now!!

Unread postby Cog » Sat 31 Dec 2016, 10:05:18

Or BP stock. I've bought and sold that stock repeatedly throughout the year. Plus it has a 6.4% dividend.
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Re: Put your money in oil--now!!

Unread postby ROCKMAN » Sat 31 Dec 2016, 11:41:39

Cog - Yep, same old theory: when the herd runs one way one should consider heading in the other direction.
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Re: Put your money in oil--now!!

Unread postby Revi » Mon 02 Jan 2017, 11:44:21

I bought and sold some oil stock about 5 years ago. Made some money and decided to quit while I was ahead. I got burned on some other trades and learned not to speculate on things I have no idea about.
Deep in the mud and slime of things, even there, something sings.
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