That is the reason for the "gif", it says you are mistaken.
-- Anonymous, May 20, 2001
Unleaded gas futures collapse in anticipation of added supply, domestic conservationgreenspun.com : LUSENET : Poole's Roost II : One Thread |
"EYE ROLLER" BLAMES BUSH FOR DECLINE AFTER BLAMING HIM FOR INCREASES.
OIL ZOMBIES SEEN CRYING
Paula cites her White Paper as proof "its coming".
http://207.61.18.124/futures/quotes/HU.html
SUPPLY ALWAYS MEETS DEMAND OVER TIME.
-- Anonymous, May 16, 2001
And the Talking Heads on TV are already stating "industry analysts anticipate lower prices for gasoline after Labor Days".BIG DUH. The futures are already down 20 cents from the spike at $1.10.
-- Anonymous, May 16, 2001
CPR:Unfortunately, futures tell us little about costs in specific areas. This insane system of pollution control has led to the requirement of 40 plus different formulations for various areas of the country. Shortages in any one area could drive the pricing scheme. They tell us little about costs in a given area.
Very,
Bemused
-- Anonymous, May 16, 2001
You have been saying this for over a year Charlie. Maybe we need a group which debunks the overly optimistic LOL.
-- Anonymous, May 16, 2001
And the prices are more or less what they were in the last "run up". and soon they will come down again to where they were in 1996-1998. All the oil zombies use 1999 as the 'price' but the reality is that was a 10 year low price. Had crude gone lower than $10bbl. we would have had very serious economic repercussions across the world just as we have over $32. That is why OPEC likes the 22-25 range.
-- Anonymous, May 16, 2001
http://www.energy.ca.gov/fuels/graphs/gasoline_both_70- 01.gif
-- Anonymous, May 19, 2001
Go find some charts for US gas prices in 1970-2001 not just the golden state.Why not pick the pricing for "gas in 90210" or gas prices on Nob Hill, S.F.?
NICE PROPAGANDA. THATS FOR "CALIFORNIA". Which has built in added costs because they have to "control" the air pollution.
And the point of the gif above? Adjusted for inflation, prices ARE BELOW 1980. And even in "real dollars" they are still low as a percentage of income.
-- Anonymous, May 19, 2001
And the prices are more or less what they were in the last "run up". and soon they will come down again to where they were in 1996- 1998. All the oil zombies use 1999 as the 'price' but the reality is that was a 10 year low price.
That is the reason for the "gif", it says you are mistaken.
-- Anonymous, May 20, 2001
Don't really understand how the pricing is developed. Two weeks ago it went up quickly to 1.69 for reg/ul. It hadn't changed until Friday night. On Saturday morning it had dropped 2 cents/gal. By Sunday morning, it had dropped 1 cents more/gal; at all stations. Umm, wonder how that happened.Best Wishes,,,,
Z
-- Anonymous, May 20, 2001
Oil Tops $30 Led by Gasoline, OPEC ConcernsWhen asked what he thought, Mr. CPR said "Supply meets Demand over time", reported Hooters news service. As you should remember, this is not the first time Mr. CPR has stood by this contention. If not for his masterful call on Y2k, many think Mr. CPR has gone bananas and is not to be listened to anymore. Many claim Mr. CPR spent his alloted genius fighting "the Paula" and the Gary", and has little left in the tank, we agree.
In other news, the Texas Sports Teams are still spending taxpayer monies hand over fist and they still all suck. Even the one remaining brightspot, the SA Spurs, got schooled this past Saturday. Readers will remember the Spurs success is traced directly to the fact San Antonio, unlike the rest of Texas, is a kewl town with actual real people in it. But apparently this did little to help them overcome a Kobe onslaught.
-- Anonymous, May 21, 2001
My gawd, is charlie still around, still talking to himself, still riding that same horse into the ground? Whatever credibility he had in Jan 2k evaporated long ago in his maunderings about oil. Why does anyone listen to him anymore? Oh wait, no one does. That's the reason he's almost the only person who posts on this board.
-- Anonymous, May 22, 2001
Charlie's OK, just badly brainwashed is all. He has bought the upside down logic of the LiberalRepublicans.In his world he actually thinks all these many massive new governmental agendas Dubya has proposed in 5 short months, is not what it is, Big Government. He is brainwashed to think it is them evil Democrats who do this. Them be the guys who balanced the budget. Sent millions of Welfare slugs back to work. Stayed as much as feasible out of the freaking markets, and cut the Federal bureaucracy considerably. These evil Democrats allowed the American People to do what they do best, run their own affairs.
8 years of prosperity(not perfect)and peace. The bloodsuckers didn't like all this one bit and had Dubya INSTALLED no less to end it. To return their hand-outs, taxbreaks, and general advantages over the productive and free people of this great country.
Now we get the predictable Big Spending of the Republicans. The "it is OK to pray in the WH", and "nobody should be able to make a legal bet on College Sports" draconian social agendas of these anti-America Republicans.
Charlie just needs to get some air. Tuff living in Texass, but maybe a breeze will come one day.
-- Anonymous, May 22, 2001
ACHTUNG "CLUELESS ONES":REFER TO CHART ABOVE. PRINT IT OUT THEN ASK YOUR MOMMIE (NICELY) FOR A RULER. PLACE RULER FROM PEAK 1980 TO THE HIGHEST PEAK AFTERWARDS.
NOW, ASK YOUR DADDY IF YOU COULD PLEASE BORROW HIS LEVEL AND THEN CAREFULLY NOTE DOWN WHICH PEAK IS HIGHER.
IF YOUR DADDY DOES NOT HAVE A LEVEL, CAREFULLY MEASURE THE HEIGHT OF THE PEAK IN 1980 AND THE HIGHEST PEAK AFTERWARDS.
NOTE DOWN YOUR RESULTS AND TRY TO DRAW WHAT WE **ADULTS** CALL A "CONCLUSION".
NEXT, PRINT OUT THE CHART AGAIN AND TAKE THE CHART AND YOUR NOTES TO YOUR VERY NEXT "SHOW AND TELL TIME" AT SCHOOL.
-- Anonymous, May 23, 2001
Ya ya real educational, blah.Here is some news right up your alley Reuben...UFO Cover-Up?
enjoy!
-- Anonymous, May 24, 2001
Still trying to bend the facts to suit your argument, eh Charlie? Let's see now, those of us with some sense of history might remember 1980, hmmm, wasn't there a Shah somewhere got overthrown, caused oil prices to spike artificially? Now is that really a good comparison? No, didn't think so. Try again, sucker.
-- Anonymous, May 24, 2001
Oh, and charlie? Please do take an elementary school course on how to read charts over time. After you finish that, and with the help of your mommy and daddy, you might discover a few things about gas prices that could disturb your comfortable little world.
-- Anonymous, May 24, 2001
IMBECILE. WHY NOT GO WHOLE HOG AND MEMORIZE THE CLAP TRAP AT DIEOFF.COM. The rehash of the args of 1970-83?? CRETINS.The slope (dX/dY) from 1980 to 2001 is less than one. IN REAL DOLLARS, GASOLINE AND ALL ENERGY COSTS ARE LESS THAN THEY WERE IN THE EARLY 1980s.
IN TERMS OF WORKERS' ABILITY TO PAY (hours worked per commodity), gasoline is almost as cheap as it was when HENRY FORD WAS SELLING FLIVVERS.
NOW YOUR READ THE FUCKING CHART AND SHUT YOUR UN-EDUCATED MORONIC HOLE (all of them).
-- Anonymous, May 24, 2001
Those who say that the price of gas at $2/gallon should be of little concern since it is cheap at that price compared to the POG in 1910/ 1980 in terms of inflation adjusted dollars are deluded. The fact is that gas at $1 gallon was in equilibrium yesterday with all other prices. If the POG increases today, then the consumer must purchase less of something else. This reallocation is especially harmfull when it comes to a consumable such as gasoline since the purchase is, well, consumed. Such a purchase will be at the cost of, in some portion, a durable good or at least another consumable. In any case, the reallocation cannot but help to have serious consequences for our economy as a whole and for those who marginally survive when energy is inexpensive.
-- Anonymous, May 24, 2001
case, the reallocation cannot but help to have serious consequences for our economy as a whole and for those who marginally survive when energy is inexpensive.BULL SHIT
-- Anonymous, May 24, 2001
No wonder hardly anyone posts here any longer. Blah, blah BullShit? Is this your retort Mr.buytexas? PATHETIC is what that is. Man makes a valid point(s), and your only reply is BS? Well YOU sir are BS, how's that?To be expected coming from someone who actually defends a President who from November, has told the majority of Americans to FUCK OFF. A guy so braindead, so lacking in leadership skills he tells a California to dropdead and pay the bill(extortion). Leader? not even close, guy is a DANGER is what he is.
You want a wacko to attack Reuben? Someone not off the radar like a stupidass Ed Yourdon? Try the jokers in the WH.
Not even about differences in philosophy, if you would care to rise above the TB2000 level of awareness. It is about a moron president, so lacking in life experience, he is unable to understand one has to be diplomatic, and at least be polite and show some respect. One CANNOT simply tell 30+million Americans living in California----Too Bad, to go fuck yurselves.
Bad form? Gee ya think? What possible difference in the short-term does it make to cast blame for California's mess? No question folks from all sides made major blunders. Many of us also claim few of these were actual mistakes, and in fact were done so as to profit. But NONE of this matters in helping the CURRENT situation. Leaders do not sitback and spew rhetoric in place of Leadership. They take action, NOW.
Bush cannot even grant Americans the same respect he did Communist China.
Only BULLSHIT round here is Charlie.
-- Anonymous, May 25, 2001
Hi um, has anyone seen Mr. Poole? I've noticed this board is slow, now I think I understand.
-- Anonymous, May 25, 2001
Eye DP: you are a broken record and you are off tone. In fact, there could be a debate as to who is more boring, you or Ed Toasty.Clear?
-- Anonymous, May 26, 2001
Aw charlie, did ooze get upset, poooh widdle chile? Don't like the idea that someone might point out how you diddle the numbers to make your arguments look halfway believable? Run the trend lines charlie, not the artificial highs and lows. Any grade school dropout knows reading a chart the way you say is at the very least misleading. But then you've been moaning this same sad song for so long, I guess you can't learn any new tunes. But can't you at least learn some new profanity? Different language, perhaps, tu tete de merde?
-- Anonymous, May 29, 2001
That's pretty funny, Charlie. You're calling Eye/DP "boring", yet YOU'RE the one who STILL posts Y2K stuff in 2001.
You can't make this up.
-- Anonymous, May 29, 2001
You are a fucking moron, CASH. Even your name depreciates in terms of buying power. In real dollars, the cost of gasoline is LESS TODAY THAN IT WAS IN 1980. SEE THE CHART, DUMB BELL.
-- Anonymous, May 29, 2001
Since both Charles and his friend seem confused by my earlier post, I repeat my easily undertsood point...Those who say that the price of gasoline at $2/gallon should be of little concern since it is cheap at that price compared to the POG in 1910/ 1980 in terms of inflation adjusted dollars are deluded. The fact is that gas at $1 gallon was in equilibrium yesterday with all other prices. If the POG increases today, then the consumer must purchase less of something else. This reallocation is especially harmfull when it comes to a consumable such as gasoline since the purchase is, well, consumed. Such a purchase will be at the cost of, in some portion, a durable good or at least another consumable. In any case, the reallocation cannot but help to have serious consequences for our economy as a whole and for those who marginally survive when energy is inexpensive.
I elaborate with some complexity...
Why is it so difficult for some folks to understand that a mis-applied historical perspective is worse than no perspective at all? The fact that energy is cheap compared to prices a generation ago is meaningless. The fact that the price of energy increases is all important. Try a lesson from the calculus - velocity is less important that acceleration. Constant velocity (without acceleration) permits other parts of the economy to grow. Acceleration of energy forstalls other growth and marginal elements of society will not survive the g-force.
Or, try a lesson from Moore's law. Comparing the POG today with that of yesteryear and noting they are equivalent in terms of inflation adjusted dollars is like asserting that a personnal PC cost of $100K today would have no impact on society. The price of a FLOP is MUCH less today that twenty years ago. Certainly 100K is what one would expect to pay for the Pentium IV processing power in 1982 dollars. Yet few would deny that if personal PC's sold today at inflation adjusted prices, there would be no personal access to the internet and the productivity gains which fueled this economy would be non-existant. Indeed, for this argument to make sense, we would likely have today a GDP equal to that of 1982.
So why is it so hard to understand that cheap energy is the life blood of not only our economy, but of our culture and society? Just as cheap computing is the hallmark of the new century, so too is cheap energy. Dramatically increasing energy OR computing prices will destroy our country while making a few of the rich richer. To argue that the price is unimportant is duplicitous.
-- Anonymous, May 29, 2001
This is too much fun to stop. (Where have I heard that before?) OK, charlie, let's get real here. Are we all correct in assuming that you are trying to tell us we should compare the price of gas today in non-crisis times to the artificial spike it hit in 1980 when the Shah of Iran was overthrown, rather than its historical trend lines over the past 20-30 years? Why? That's like comparing the price of oil today to the price during the Gulf War. Oh wait, you've already done that in previous threads, haven't you, despite knowing they are completely bogus comparisons suitable only for justifying your airhead pronouncements on energy prices. Or have you forgotten all your "Price of Pain" posts from last year, when you were proved wrong so often it got to be a tired joke.
-- Anonymous, May 30, 2001
TRY THIS MORON: PRICES OF GASOLINE FUTURES ARE BELOW THE PRICES OF A YEAR AGO. EXPLAIN THAT. AND THAT IS IN FIAT. NOT EVEN ADJUSTED FOR INFLATION. HISTORICALLY,,,,,,,,,GAS GOES TO A PEAK FOR MEMORIAL DAY. NOW IT WILL GO DOWN.
http://futures.trad ingcharts.com/chart/UG/W
-- Anonymous, May 30, 2001
CLOSE TAG
-- Anonymous, May 30, 2001
NOT TO FORGET EITHER THAT THE SPECULATORS IN NATURAL GAS AND GOLD JUST GOT THEIR CLOCKS CLEANED, POLISHED AND SPAYED ........by people who know what they are doing.
NAT. GAS
GOLD BUGS SPRAYED
http://futures.tradingcharts.com/chart/NG/Whttp://futures.tradingcharts.com/chart/GD/61
-- Anonymous, May 30, 2001
DON'T FORGET TO TAKE TODAY'S LITTLE "ADJUSTMENT" AND ADD IT TO THE CHARTS. GOLD MELTED. WHY,,,,,,,,,,IT WAS ENOUGH TO MAKE THE "GOLD BUGS" CRY AGAIN THAT THE "MARKET IS RIGGED".
Month
Click for chartSession Pr.Day Options Open High Low Last Time Sett Chg Sett Jun 01 272.2 275 264.2 265.1 17:50 265.7 -8.2 273.9 Call Put Aug 01 275.2 276.2 266 267.1 18:02 267.4 -7.7 275.1 Call Put Dec 01 276.2 277.5 268 268.5 16:46 269.4 -7.7 277.1 Call Put Feb 02 277.5 277.5 269 269 14:32 270.2 -7.7 277.9 Call Put Apr 02 - - - 274.2 00:00 271.2 -7.7 278.9 Call Put Jun 02 280 278 271.8 271.8 14:11 272.2 -7.7 279.9 Call Put Aug 02 - - - 293.5 13:09 273.4 -7.7 281.1 Call Put Oct 02 - - - - 00:00 274.7 - 282.4 Call Put Dec 02 - - - - 14:37 - - - Call Put Feb 03 - - - - 00:00 - - - Call Put Jun 03 - - - - 00:00 - - - Call Put Dec 03 - - - - 10:04 - - - Call Put Jun 04 - - - - 13:03 - - - Call Put Dec 04 - - - - 12:04 - - - Call Put Jun 05 - - - - 00:00 - - - Call Put Dec 05 - - - - 00:00 - - - Call Put
-- Anonymous, May 30, 2001
Talk about OFF The CHARTS!WoW what a session that was.
-- Anonymous, May 30, 2001
Ah, I see, charlie, you now concede that your earlier comparisons were faulty, and now you try to slip the noose by magically transforming your argument from a 20-year timeline to a 20-hour one, plus changing the data source from gasoline prices to gasoline *futures* prices, knowing full well that those comparisons are just bogus. Gawd charlie, the deeper your desperation, the funnier you get, in a sad, pathetic sort of way.
-- Anonymous, May 31, 2001
I think we need to fix Charlie up with Paula Gordon. Call me loony, but I think they are made for each other.In the meantime, somebody get Charlie a brewski.
-- Anonymous, May 31, 2001
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