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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: energyplay who wrote (46667)2/21/2009 12:02:01 AM
From: elmatador  Respond to of 218621
 
Pemex’s Cantarell Drops at Fastest Rate in 14 Years.
bloomberg.com

The more it drops the more valuable that sub-salt oil becomes. And the chinese are already getting thier cut of it...



To: energyplay who wrote (46667)2/21/2009 12:44:28 AM
From: TobagoJack1 Recommendation  Read Replies (2) | Respond to of 218621
 
<<Fear stalks the land... (oh, not really, just trying to be dramatic)>>

ep, you did not actually mean to say 'not really', but meant 'not yet, but surely will'

this proposal nytimes.com "... The Obama administration hopes to jump-start this crucial machinery by effectively subsidizing the profits of big private investment firms in the bond markets ... Fed will lend to investors who acquire new securities backed by auto loans, credit card balances, student loans and small-business loans at rates ranging from roughly 1.5 percent to 3 percent ... able to borrow 84 percent to 95 percent of the face value of the bonds. Investors would not be liable for any losses beyond the 5 percent to 16 percent equity that they retain in the investment ..."

... is moronic, desperate, and will guarantee all but a few a bleaker future than otherwise would be.

Fear will overpower all else, and the later the worse.