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New oil reserves discovered by Brazil ?

Old May 13, 2008 | 10:37 PM
  #11  
MWG2's Avatar
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Joined: 11-14-2007
Posts: 1,240
From: Planet Earth
Please keep in mind, we have the double whammy going on right now...

Recession coupled with Inflation. This is a recipe for disaster.

Don't complain about the high cost of gas, join in on the profits. Make sure your investment portfolio, no matter how small, includes mutual funds that have oil stocks included in the mix. Pay yourself!
Old May 14, 2008 | 09:57 AM
  #12  
Tony_SS's Avatar
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Joined: 08-02-2007
Posts: 160
From: St. Louis, MO
Well we haven't had 2Q's of negative growth, so technically it's not a recession, just a little slow down in the economy, and I'll attribute that to all the folks who lost their homes due to foreclosure. Once we recover from that, things ought to stabilize.
Old May 14, 2008 | 05:29 PM
  #13  
Lone Ranger's Avatar
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Joined: 05-26-2007
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Originally Posted by MWG2
Please keep in mind, we have the double whammy going on right now...

Recession coupled with Inflation. This is a recipe for disaster.

Don't complain about the high cost of gas, join in on the profits. Make sure your investment portfolio, no matter how small, includes mutual funds that have oil stocks included in the mix. Pay yourself!
And when the oil bubble pops, down goes your portfolio.
Old May 14, 2008 | 05:57 PM
  #14  
hhrcrafty's Avatar
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Joined: 10-24-2006
Posts: 1,761
From: The Show-Me State
Originally Posted by Lone Ranger
And when the oil bubble pops, down goes your portfolio.
Only if you're not diversified and fail to watch the market.
Old May 14, 2008 | 08:11 PM
  #15  
Snoopy's Avatar
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Joined: 05-09-2006
Posts: 6,805
From: "Upland" Mesa, Arizona
Originally Posted by Lone Ranger
And when the oil bubble pops, down goes your portfolio.
But, when the oil bubble pops it will be a very slow leak.

Have you seen oil, gas, fuel prices DROP as fast as they INCREASED
Old May 15, 2008 | 09:40 AM
  #16  
2007OrangeHHRLT1's Avatar
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Joined: 06-25-2007
Posts: 83
From: Independence, MN
Originally Posted by Lone Ranger
Are you sure his Mercedes is not a diesel and its algae based bio-diesel he's running? Pretty sure I remember hearing about producing bio-diesel from algae. Some of the older Mercedes diesels are great for WVO (waste vegetable oil) and bio-diesel.
Yeah I believe it was a diesel Mercedes....But personally I believe that bio-diesel is the way to go in the future....Since Diesel is the after product of gas and that we have so many Mcdonalds that there is so much waste oil we could put to use on the streets. Gas is such a waste of time we need to move on to bigger and better things...
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