Don’t worry, just a little bump - $70 is just around the corner. Short traders just keep making those margin calls, mortgage the house if you have to. Fortunes await you! PO is for pansies and doomers. At $70 short some more ..... it is going back to $22 .... the world is awash with oil ........ reality has nothing to do with it, its all in those charts!!!!!!!!!!
Posted: Thu Apr 24, 2008 10:26 pm Post subject: Aaron, I am stuck in the Houston area and I'm freaking out.
Divorce has relocated me back home.
I've got to get stable, and find a way to get the gas monkey off my back. I have a lease on Galveston Island until the end of the year, then I'd like to find something permanant. Maybe the hill country.
I need to calm down first. I need help with making priorities.
What is the biggest threat to folks in the Houston area? How are we going to make it through the summer when gas hits 4 bucks?
Joined: Sep 01, 2005 Posts: 255 Location: New Hampshire USA
Posted: Fri Apr 25, 2008 10:07 am Post subject: Re: Aaron, I am stuck in the Houston area and I'm freaking o
I'm sorry to hear about a divorce, it must be tough for you to deal with that as well as increases in bills. I would suggest looking for someone you trust (hard to do) to take on as a room mate.
Posted: Fri Apr 25, 2008 1:04 pm Post subject: Re: Aaron, I am stuck in the Houston area and I'm freaking o
misterno's correct... Houston is a PetroChem town, and the higher oil goes, the more money & jobs flow into Houston & the surrounding areas.
I anticipate this condition will persist for some time to come, since there is a lengthy time-lag in the energy biz between investment & profit.
20 years ago companies were preparing for $36/bbl oil, and they invested accordingly.
At $120+, it's raining money in Houston. _________________ "When you understand why you dismiss all the other possible gods, you will understand why I dismiss yours." - Stephen F Roberts.
Posted: Sun Apr 27, 2008 5:19 pm Post subject: Re: Aaron, I am stuck in the Houston area and I'm freaking o
I should have been more specific. I covered my personal situation in another thread.
What I would really like to discuss is the long range problems Houston is likely to face. If I am not mistaken I think the population for the greater metropolitan area is approaching 7 million souls and that makes me a little nervous.
I realize no one can predict the future, but I'd like to speculate on the situation in Houston in the event of a fast crash.
Posted: Mon May 05, 2008 10:52 am Post subject: Re: Aaron, I am stuck in the Houston area and I'm freaking o
It will be one helluva nightmare. No one will be going anywhere. There will be lots of depression, anger, fear, people will lose their jobs because they can't get to work, or the customers can't get there to buy whatever it is they sell (good or services). Some people will suicide, I am sure of it.
The only way people are going to move is via bicycle and walking.
Wednesday wrote:
I should have been more specific. I covered my personal situation in another thread.
What I would really like to discuss is the long range problems Houston is likely to face. If I am not mistaken I think the population for the greater metropolitan area is approaching 7 million souls and that makes me a little nervous.
I realize no one can predict the future, but I'd like to speculate on the situation in Houston in the event of a fast crash.
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