Oil is looking real tasty

[DaCounselor]

“I think it very possible oil could go lower.

However, for any investment there is a value point where you start dollar-cost averaging into a long position, because the price is already so low. It if continues to go lower, you just keep buying more and more.”
__________________________

Yup.

I don’t know about $200 barrels in 5 years – maybe – but I feel pretty good about $75 barrels in 3 years. That’s an easy 2 bagger from here and a potential 3 bagger if we do in fact keep sliding to $25 barrels. Even more if you juice it with Proshares.

And yes, gold sure does look tempting in the $700 oz range, doesn’t it?

[Arraya]

Right now is a race between declining demand and declining availability. Declining demand is decidedly winning. On the flip side oil projects are getting shut off left and right because of economic feasibility. This is a problem because we needed these projects to ease the decline of peak oil. Now we are headed for a cliff. Eventually declining availability will pull ahead. This may be a year plus. I don’t think Opec will cut enough to make a difference.

OTOH, today Bush threaten Iran again so maybe oil will get a new years surprise from Israel.

[Arraya]

Right now is a race between declining demand and declining availability. Declining demand is decidedly winning. On the flip side oil projects are getting shut off left and right because of economic feasibility. This is a problem because we needed these projects to ease the decline of peak oil. Now we are headed for a cliff. Eventually declining availability will pull ahead. This may be a year plus. I don’t think Opec will cut enough to make a difference.

OTOH, today Bush threaten Iran again so maybe oil will get a new years surprise from Israel.

[Arraya]

Right now is a race between declining demand and declining availability. Declining demand is decidedly winning. On the flip side oil projects are getting shut off left and right because of economic feasibility. This is a problem because we needed these projects to ease the decline of peak oil. Now we are headed for a cliff. Eventually declining availability will pull ahead. This may be a year plus. I don’t think Opec will cut enough to make a difference.

OTOH, today Bush threaten Iran again so maybe oil will get a new years surprise from Israel.

[Arraya]

Right now is a race between declining demand and declining availability. Declining demand is decidedly winning. On the flip side oil projects are getting shut off left and right because of economic feasibility. This is a problem because we needed these projects to ease the decline of peak oil. Now we are headed for a cliff. Eventually declining availability will pull ahead. This may be a year plus. I don’t think Opec will cut enough to make a difference.

OTOH, today Bush threaten Iran again so maybe oil will get a new years surprise from Israel.

[Arraya]

Right now is a race between declining demand and declining availability. Declining demand is decidedly winning. On the flip side oil projects are getting shut off left and right because of economic feasibility. This is a problem because we needed these projects to ease the decline of peak oil. Now we are headed for a cliff. Eventually declining availability will pull ahead. This may be a year plus. I don’t think Opec will cut enough to make a difference.

OTOH, today Bush threaten Iran again so maybe oil will get a new years surprise from Israel.

[La Jolla Renter]

I think oil is going lower short term, and when it hits $25 a barrel, I will look to by the ultra oil ETFs.

FYI the middle east producer’s cost is about $2 a barrel. And I have read the incremental cost can be as low as 40 cents.

How the heck do you think they built Dubai anyway.

I would be cautious if you think it is a no brainer at $40 think it is going to snap back to $80 for a quick profit.

[La Jolla Renter]

I think oil is going lower short term, and when it hits $25 a barrel, I will look to by the ultra oil ETFs.

FYI the middle east producer’s cost is about $2 a barrel. And I have read the incremental cost can be as low as 40 cents.

How the heck do you think they built Dubai anyway.

I would be cautious if you think it is a no brainer at $40 think it is going to snap back to $80 for a quick profit.

[La Jolla Renter]

I think oil is going lower short term, and when it hits $25 a barrel, I will look to by the ultra oil ETFs.

FYI the middle east producer’s cost is about $2 a barrel. And I have read the incremental cost can be as low as 40 cents.

How the heck do you think they built Dubai anyway.

I would be cautious if you think it is a no brainer at $40 think it is going to snap back to $80 for a quick profit.

[La Jolla Renter]

I think oil is going lower short term, and when it hits $25 a barrel, I will look to by the ultra oil ETFs.

FYI the middle east producer’s cost is about $2 a barrel. And I have read the incremental cost can be as low as 40 cents.

How the heck do you think they built Dubai anyway.

I would be cautious if you think it is a no brainer at $40 think it is going to snap back to $80 for a quick profit.

[La Jolla Renter]

I think oil is going lower short term, and when it hits $25 a barrel, I will look to by the ultra oil ETFs.

FYI the middle east producer’s cost is about $2 a barrel. And I have read the incremental cost can be as low as 40 cents.

How the heck do you think they built Dubai anyway.

I would be cautious if you think it is a no brainer at $40 think it is going to snap back to $80 for a quick profit.

[stockstradr]

Now here’s where I ASK FOR ADVICE.

I’m fairly weak on knowing which big cap oil players are the better positioned for stock price increases, once oil price starts to recover.

So who on this forum has done good research, and can advise us which are the oil sector companies to invest in for long-term? Tell us why you like the companies you recommend?

Exxon?
Petrobras? (Brazil play)
PTR? (China Play)
BP? (more diversified?)
COP?
MRO?

Others?

[stockstradr]

Now here’s where I ASK FOR ADVICE.

I’m fairly weak on knowing which big cap oil players are the better positioned for stock price increases, once oil price starts to recover.

So who on this forum has done good research, and can advise us which are the oil sector companies to invest in for long-term? Tell us why you like the companies you recommend?

Exxon?
Petrobras? (Brazil play)
PTR? (China Play)
BP? (more diversified?)
COP?
MRO?

Others?

[stockstradr]

Now here’s where I ASK FOR ADVICE.

I’m fairly weak on knowing which big cap oil players are the better positioned for stock price increases, once oil price starts to recover.

So who on this forum has done good research, and can advise us which are the oil sector companies to invest in for long-term? Tell us why you like the companies you recommend?

Exxon?
Petrobras? (Brazil play)
PTR? (China Play)
BP? (more diversified?)
COP?
MRO?

Others?

[stockstradr]

Now here’s where I ASK FOR ADVICE.

I’m fairly weak on knowing which big cap oil players are the better positioned for stock price increases, once oil price starts to recover.

So who on this forum has done good research, and can advise us which are the oil sector companies to invest in for long-term? Tell us why you like the companies you recommend?

Exxon?
Petrobras? (Brazil play)
PTR? (China Play)
BP? (more diversified?)
COP?
MRO?

Others?

[Author]

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