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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Wyätt Gwyön who wrote (128180)6/10/2008 11:26:13 AM
From: zebra4o1Read Replies (1) | Respond to of 306849
 
You have to agree with Matt Simons frustration that at this point we should be able to definitively answer these peak oil questions. The information is out there. This should be a national priority of the first order.

The CIA should have agents working in Aramco, Russian, etc. feeding them decline rates and reservoir projections. That would be some useful intelligence for a change.

Hey, just realized we are discussing this on the Real Estate thread. But it's all peak oil now.

With my brother in law, I was just looking at houses here in SF that are within walking distance of BART (subway/heavy rail). Most promising location is just across ths city line in Daly city - some classic 1950s tract homes near the city golf course. But they still want $700 K for a 1200 square foot fixer upper that would rent for maybe $2000 a month.

I think I'll stick with LNG stocks as my peak oil play.



To: Wyätt Gwyön who wrote (128180)6/10/2008 10:23:49 PM
From: carranza2Read Replies (1) | Respond to of 306849
 
i expect lots of volatility both ways, with continued upward bias

Agree.

With supply tightening, it seems logical to believe that relatively innocuous speculative action could drive lots of volatility. Two distinct contributors to the rise in the POO are IMO clearly possible.