paperboy

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    • Tue Jun 24th 11:49 AM
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      Commented on:
      ETF Update: Financial ETFs, Energy Exploration and ETFs
      "Offshore oil wouldn't hit the market until 2030" - 22 years?

      Dude, you have to get off of the George Soros websites and talk to some real oil experts. Oil from new offshore rigs could be in your corner gas station in less than 3 years, depending on the location and the depth of the source.


      On Jun 20 03:33 AM Panskeptic wrote:

      > As has been pointed out by others, the ones calling for a bottom
      > in financials didn't see the crash coming, so who cares what they
      > think?
      >
      > And if you started tomorrow on offshore oil, it wouldn't hit the
      > market till 2030, and at present consumption rates, we'd use it up
      > in 2 1/2 years. This theater is just to pacify the oil guys who go
      > nuts whenever you say, "Sorry, you can't drill there. No, it's the
      > Washington Monument, you can't put a rig there. No. You can't." And
      > Texas oil guys go "Whaaaaaaaaaaa!!!...
      >
      > Tom, you're spending too much time with Fox Noise. All that happy
      > talk is bad for your judgment.
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