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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Bearcatbob who wrote (156542)9/6/2011 3:30:44 PM
From: MIRU  Read Replies (1) | Respond to of 206089
 
Bearcat, All the politicians and most of the market players assume the coming recession will bring oil prices down (and gasoline prices will follow, which will benefit consumer spending) But what if that is not what is going to happen? Today's Mauldin is a really good read.:

us.mg1.mail.yahoo.com



To: Bearcatbob who wrote (156542)9/6/2011 3:36:42 PM
From: Salt'n'Peppa  Respond to of 206089
 
"What does it take to break all of the log jams?"
A giant Canadian beaver (in the form of an XL pipeline) will help.

S&P



To: Bearcatbob who wrote (156542)9/6/2011 5:21:27 PM
From: KyrosL1 Recommendation  Read Replies (3) | Respond to of 206089
 
Would not Boone Pickens plan be a huge boost.

Good ideas Bob. In particular, federal subsidies to establish a CNG infrastructure perhaps along federal highways will be a potent job generator: Construction and manufacturing jobs to build the stations and supply them with NG. Jobs to convert trucks, buses, etc. to CNG. Savings from importing oil that stay in the country generating more jobs. Stabilization/increase in NG prices that encourage more exploration and production.

However, we need to ensure that gasoline stays permanently high to guarantee that private investment for mass conversion to CNG materializes. This means a high federal gasoline sales tax. We could use the proceeds from the tax to finance the building of the CNG infrastructure, thus avoiding increasing the deficit.