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Gold/Mining/Energy : Big Dog's Boom Boom Room

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dave rose

singletree

To: stsimon who wrote (184230)	6/2/2014 8:32:33 PM
From: Bearcatbob	2 Recommendations Read Replies (1) of 206178

I will be 67 (unbelievable) this month. There is little doubt in my mind that up until the last two winters it has been warmer lately than when I was a kid. I will also say that lately I do not think the summers have been as warm. I note that two years ago was a complete anomaly and ABSOLUTELY a wonderful year for economic activity here up north. That said - coincidence does not mean causation. I will also note that the very sad and sorry economic numbers for our country are said all to be the fault of the bad winter - (I would say Obama but that is not the point). If the bad economy is because of the bad weather let us think what we are asking for. Now, let's address $1000 oil. First, if we use today's dollars I do not think there will ever be $1000 oil as long before it was to reach that point it would be replaced by something else. If markets are allowed to work and the politicians care about technology instead of lies for issue creation the transition to energy alternates will work smoothly as it always has. Now in today's world if the price of energy were to be doubled I would assert strongly that millions more of today's population would be pushed into poverty. A clear point as an example is our natural gas bill. Due to fracking natural gas is cheap and despite the absence of global warming this winter our heating bills were reasonable. Here in NE Ohio there were no excessive cries about the cost of natural gas. Now - if the loony left had not been caught off guard in Pa and there was no Marcellus - the story would have been completely different. Heck - we would likely be starving more people so that we could burn food for fuel (ethanol). Most of the people on these boards - especially our greenies - are financially comfortable and really do not care about cost. They have theirs and are not really concerned about those who do not. They are in a sense the Marie Antoinette wing of the D party. I submit to you that if nat gas was 1/6th of oil ~ $16 MCF - the poor and the non Marie Antoinette wing of the D party would be screaming - and of course blaming Bush instead of green idiots. Then today we get the fool in the White House announcing his CO2 delusions. Thankfully the next few years are easy. During these years we will see that the rest of the world does not give DAMN about the issue and that hopefully our nation will then realize that the only thing pissing into the wind does it get oneself wet. Bob

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