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OwnerOfCalifornia
Participant[quote=stockstradr]Oil wasn’t and isn’t in a bubble.
Rich was and remains correct.
Oil has simply been hit with extreme demand destruction, deflationary pressures due to global economy recession / depression.[/quote]
Exactly. It’s not like oil went to $147, “crashed” to $80 (a number considered obscenely high just 18 months ago), and everyone lived happily ever after driving their SUV’s 50 miles to and from their overvalued McMansions.
Oil went too high and the global economy entered a state of severe malfunction. I’ve often taken issue with some of my fellow Peak Oilsters who believe that it is to the moon with the price of oil. The spot price of WTI is just a silly little (almost insignificant) number. At some price point, the economy breaks. Voluntarily or not, the citizens of the world accept an adjustment to their standard of living, oil recovers, rinse and repeat.
Participant[quote=stockstradr]Oil wasn’t and isn’t in a bubble.
Rich was and remains correct.
Oil has simply been hit with extreme demand destruction, deflationary pressures due to global economy recession / depression.[/quote]
Exactly. It’s not like oil went to $147, “crashed” to $80 (a number considered obscenely high just 18 months ago), and everyone lived happily ever after driving their SUV’s 50 miles to and from their overvalued McMansions.
Oil went too high and the global economy entered a state of severe malfunction. I’ve often taken issue with some of my fellow Peak Oilsters who believe that it is to the moon with the price of oil. The spot price of WTI is just a silly little (almost insignificant) number. At some price point, the economy breaks. Voluntarily or not, the citizens of the world accept an adjustment to their standard of living, oil recovers, rinse and repeat.
Participant[quote=stockstradr]Oil wasn’t and isn’t in a bubble.
Rich was and remains correct.
Oil has simply been hit with extreme demand destruction, deflationary pressures due to global economy recession / depression.[/quote]
Exactly. It’s not like oil went to $147, “crashed” to $80 (a number considered obscenely high just 18 months ago), and everyone lived happily ever after driving their SUV’s 50 miles to and from their overvalued McMansions.
Oil went too high and the global economy entered a state of severe malfunction. I’ve often taken issue with some of my fellow Peak Oilsters who believe that it is to the moon with the price of oil. The spot price of WTI is just a silly little (almost insignificant) number. At some price point, the economy breaks. Voluntarily or not, the citizens of the world accept an adjustment to their standard of living, oil recovers, rinse and repeat.
ParticipantHe may have given up on piggington even since the place became poisoned with all the political crap (I recall him posting to that effect once). I’ve stopped visiting here regularly myself, and pray that we’ll return to a sense of normalcy on November 5th. Maybe Bugs will be back then.
Even the “don’t-click-on-political-subject” thread screening approach doesn’t work too well here anymore. I’ll click on a thread subject like “How bad has I-15 traffic been lately?” Only to see some dolt write something like “traffic would be fine if it wasn’t for stupid evil (Bush/Obama)!” I feel like I’ve been rick-rolled.
Hm, that gives me an idea…
ParticipantHe may have given up on piggington even since the place became poisoned with all the political crap (I recall him posting to that effect once). I’ve stopped visiting here regularly myself, and pray that we’ll return to a sense of normalcy on November 5th. Maybe Bugs will be back then.
Even the “don’t-click-on-political-subject” thread screening approach doesn’t work too well here anymore. I’ll click on a thread subject like “How bad has I-15 traffic been lately?” Only to see some dolt write something like “traffic would be fine if it wasn’t for stupid evil (Bush/Obama)!” I feel like I’ve been rick-rolled.
Hm, that gives me an idea…
ParticipantHe may have given up on piggington even since the place became poisoned with all the political crap (I recall him posting to that effect once). I’ve stopped visiting here regularly myself, and pray that we’ll return to a sense of normalcy on November 5th. Maybe Bugs will be back then.
Even the “don’t-click-on-political-subject” thread screening approach doesn’t work too well here anymore. I’ll click on a thread subject like “How bad has I-15 traffic been lately?” Only to see some dolt write something like “traffic would be fine if it wasn’t for stupid evil (Bush/Obama)!” I feel like I’ve been rick-rolled.
Hm, that gives me an idea…
ParticipantHe may have given up on piggington even since the place became poisoned with all the political crap (I recall him posting to that effect once). I’ve stopped visiting here regularly myself, and pray that we’ll return to a sense of normalcy on November 5th. Maybe Bugs will be back then.
Even the “don’t-click-on-political-subject” thread screening approach doesn’t work too well here anymore. I’ll click on a thread subject like “How bad has I-15 traffic been lately?” Only to see some dolt write something like “traffic would be fine if it wasn’t for stupid evil (Bush/Obama)!” I feel like I’ve been rick-rolled.
Hm, that gives me an idea…
ParticipantHe may have given up on piggington even since the place became poisoned with all the political crap (I recall him posting to that effect once). I’ve stopped visiting here regularly myself, and pray that we’ll return to a sense of normalcy on November 5th. Maybe Bugs will be back then.
Even the “don’t-click-on-political-subject” thread screening approach doesn’t work too well here anymore. I’ll click on a thread subject like “How bad has I-15 traffic been lately?” Only to see some dolt write something like “traffic would be fine if it wasn’t for stupid evil (Bush/Obama)!” I feel like I’ve been rick-rolled.
Hm, that gives me an idea…
ParticipantSlightly off topic, and I know it’s been asked before but I can’t find it…
How do I find out what loans currently exist on a property, or were originated when the property was purchased? We have sdlookup, zillow, etc. for sales history and sdtreastax for property tax info, but I often see people here post existing loan amounts on specific properties.
This is a general question, not specific to San Diego. Thanks.
ParticipantSlightly off topic, and I know it’s been asked before but I can’t find it…
How do I find out what loans currently exist on a property, or were originated when the property was purchased? We have sdlookup, zillow, etc. for sales history and sdtreastax for property tax info, but I often see people here post existing loan amounts on specific properties.
This is a general question, not specific to San Diego. Thanks.
ParticipantSlightly off topic, and I know it’s been asked before but I can’t find it…
How do I find out what loans currently exist on a property, or were originated when the property was purchased? We have sdlookup, zillow, etc. for sales history and sdtreastax for property tax info, but I often see people here post existing loan amounts on specific properties.
This is a general question, not specific to San Diego. Thanks.
ParticipantSlightly off topic, and I know it’s been asked before but I can’t find it…
How do I find out what loans currently exist on a property, or were originated when the property was purchased? We have sdlookup, zillow, etc. for sales history and sdtreastax for property tax info, but I often see people here post existing loan amounts on specific properties.
This is a general question, not specific to San Diego. Thanks.
ParticipantSlightly off topic, and I know it’s been asked before but I can’t find it…
How do I find out what loans currently exist on a property, or were originated when the property was purchased? We have sdlookup, zillow, etc. for sales history and sdtreastax for property tax info, but I often see people here post existing loan amounts on specific properties.
This is a general question, not specific to San Diego. Thanks.
ParticipantClearly, esmith and Mark Holmes are white people:
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