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Craymondw(at)aol.com Guest
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Posted: Thu Nov 04, 2010 10:43 am Post subject: 100LL |
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Just received disturbing information from my options trader son. He just learned that OPEC won't sell anymore oil unless it gets better than $85/ barrel. But if expected 1970's inflation hits this summer look for oil in the $150/barrel range. If that happens $5/ gallon 100 LL will look cheap by comparison as gas prices more than double. Just returned from the Caribbean where the Mexican resorts will no longer accept the dollar. They regard it as worthless as the PESO once was.
[quote][b]
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sportypilot(at)stx.rr.com Guest
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Posted: Thu Nov 04, 2010 12:35 pm Post subject: 100LL |
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Bullshit
Sent from cell
On Nov 4, 2010, at 1:41 PM, Craymondw(at)aol.com (Craymondw(at)aol.com) wrote:
[quote] Just received disturbing information from my options trader son. He just learned that OPEC won't sell anymore oil unless it gets better than $85/ barrel. But if expected 1970's inflation hits this summer look for oil in the $150/barrel range. If that happens $5/ gallon 100 LL will look cheap by comparison as gas prices more than double. Just returned from the Caribbean where the Mexican resorts will no longer accept the dollar. They regard it as worthless as the PESO once was.
[b]
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redstripe9(at)hoosierlink Guest
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Posted: Thu Nov 04, 2010 1:27 pm Post subject: 100LL |
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What makes you think so?
Steve GrayKHHG
On Nov 4, 2010, at 3:59 PM, Sportypilot <sportypilot(at)stx.rr.com (sportypilot(at)stx.rr.com)> wrote:
[quote]Bullshit
Sent from cell
On Nov 4, 2010, at 1:41 PM, [url=mailto:Craymondw(at)aol.com]Craymondw(at)aol.com (Craymondw(at)aol.com)[/url] wrote:
Quote: | Just received disturbing information from my options trader son. He just learned that OPEC won't sell anymore oil unless it gets better than $85/ barrel. But if expected 1970's inflation hits this summer look for oil in the $150/barrel range. If that happens $5/ gallon 100 LL will look cheap by comparison as gas prices more than double. Just returned from the Caribbean where the Mexican resorts will no longer accept the dollar. They regard it as worthless as the PESO once was.
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Craymondw(at)aol.com Guest
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Posted: Thu Nov 04, 2010 3:04 pm Post subject: 100LL |
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Hope you don't have to eat those words. I hear BS tastes real good with lots of Ketchup!
In a message dated 11/4/2010 5:27:41 P.M. Eastern Daylight Time, redstripe9(at)hoosierlink.net writes:
Quote: | What makes you think so?
Steve Gray KHHG
On Nov 4, 2010, at 3:59 PM, Sportypilot <sportypilot(at)stx.rr.com (sportypilot(at)stx.rr.com)> wrote:
Quote: | Bullshit
Sent from cell
On Nov 4, 2010, at 1:41 PM, [url=mailto:Craymondw(at)aol.com]Craymondw(at)aol.com (Craymondw(at)aol.com)[/url] wrote:
Quote: | Just received disturbing information from my options trader son. He just learned that OPEC won't sell anymore oil unless it gets better than $85/ barrel. But if expected 1970's inflation hits this summer look for oil in the $150/barrel range. If that happens $5/ gallon 100 LL will look cheap by comparison as gas prices more than double. Just returned from the Caribbean where the Mexican resorts will no longer accept the dollar. They regard it as worthless as the PESO once was.
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davesbox1(at)aol.com Guest
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Posted: Thu Nov 04, 2010 7:41 pm Post subject: 100LL |
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sorry fellas just not so- last month flew from ktpl- nug in panama stopping in 5 countries and the US dollar was in demand everywhere i went- i cant imagine the resorts want the euro or the peso over our dollar....lololololol...if they do ...give it to them!
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sportypilot(at)stx.rr.com Guest
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Posted: Fri Nov 05, 2010 3:26 am Post subject: 100LL |
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Don't believe everything you hear
Sent from cell
On Nov 4, 2010, at 5:57 PM, Craymondw(at)aol.com (Craymondw(at)aol.com) wrote:
[quote] Hope you don't have to eat those words. I hear BS tastes real good with lots of Ketchup!
In a message dated 11/4/2010 5:27:41 P.M. Eastern Daylight Time, redstripe9(at)hoosierlink.net (redstripe9(at)hoosierlink.net) writes:
[/url]
[url=mip://0563f628/3D"http://www.buildersbooks.com"]
[b]
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sportypilot(at)stx.rr.com Guest
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Posted: Fri Nov 05, 2010 3:26 am Post subject: 100LL |
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I am a oil broker.. Don't believe everything
You hear..
Sent from cell
On Nov 4, 2010, at 4:19 PM, Steve Gray <redstripe9(at)hoosierlink.net (redstripe9(at)hoosierlink.net)> wrote:
[quote]What makes you think so?
Steve GrayKHHG
On Nov 4, 2010, at 3:59 PM, Sportypilot <[url=mailto:sportypilot(at)stx.rr.com]sportypilot(at)stx.rr.com (sportypilot(at)stx.rr.com)[/url]> wrote:
Quote: | Bullshit
Sent from cell
On Nov 4, 2010, at 1:41 PM, (Craymondw(at)aol.com)[url=mailto:Craymondw(at)aol.com]Craymondw(at)aol.com (Craymondw(at)aol.com)[/url] wrote:
Quote: | Just received disturbing information from my options trader son. He just learned that OPEC won't sell anymore oil unless it gets better than $85/ barrel. But if expected 1970's inflation hits this summer look for oil in the $150/barrel range. If that happens $5/ gallon 100 LL will look cheap by comparison as gas prices more than double. Just returned from the Caribbean where the Mexican resorts will no longer accept the dollar. They regard it as worthless as the PESO once was.
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[b]
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lists(at)stevet.net Guest
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Posted: Fri Nov 05, 2010 4:48 am Post subject: 100LL |
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Why couldn't you have said that the first time? Must we be so callow?
Steve
________________________________________________________________________
On Nov 4, 2010, at 5:12 PM, Sportypilot wrote:
[quote]I am a oil broker.. Don't believe everything
You hear..
Sent from cell
On Nov 4, 2010, at 4:19 PM, Steve Gray <redstripe9(at)hoosierlink.net (redstripe9(at)hoosierlink.net)> wrote:
Quote: | What makes you think so?
Steve GrayKHHG
On Nov 4, 2010, at 3:59 PM, Sportypilot < (sportypilot(at)stx.rr.com)sportypilot(at)stx.rr.com (sportypilot(at)stx.rr.com)> wrote:
Quote: | Bullshit
Sent from cell
On Nov 4, 2010, at 1:41 PM, (Craymondw(at)aol.com) (Craymondw(at)aol.com)Craymondw(at)aol.com (Craymondw(at)aol.com) wrote:
Quote: | Just received disturbing information from my options trader son. He just learned that OPEC won't sell anymore oil unless it gets better than $85/ barrel. But if expected 1970's inflation hits this summer look for oil in the $150/barrel range. If that happens $5/ gallon 100 LL will look cheap by comparison as gas prices more than double. Just returned from the Caribbean where the Mexican resorts will no longer accept the dollar. They regard it as worthless as the PESO once was.
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deej(at)deej.net Guest
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Craymondw(at)aol.com Guest
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Posted: Fri Nov 05, 2010 6:41 am Post subject: 100LL |
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One way to hedge gasoline prices is by owning petroleum commodities funds. As the value of the funds increase the return will be far greater than what is paid for the increased prices of gasoline. With Yo' Momma suspending off shore drilling he really hurt the industry. The country has a little left in reserve now, but with any recovery those reserves will begin to dwindle. The air carriers are pulling aircraft out of storage along with trucking fleets and that will place added pressure on limited supplies. Add to that China's huge monthly increases of oil imports and the added strain that is creating. Another factor is the falling value of the dollar. A lot depends on what the Federal Reserve does with interest rates. If they increase rates that will improve the dollar stabilizing prices. The above information was researched and forwarded to me through relatives in the investment industry and a personal Wealth Management adviser. This coming flying season will be interesting.
[quote][b]
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