And it's heading right back up...
Be careful... gonna be some volatility for awhile I'd bet. There will be oppurtunity as they are as negative on Oil as I've ever seen.
And it's heading right back up...
Actually Obama has increased the debt by only a small percentage compared to previous Presidents.?
Increasing the National Debt is a sign of leadership failure-Senator Barack Obama 16 March 2006
I guess its not a failure anymore....
Be careful... gonna be some volatility for awhile I'd bet. There will be oppurtunity as they are as negative on Oil as I've ever seen.
It just shows you the power that the Saudis and OPEC have over us.
And it's heading right back up...
Yes, its called a bounce
Careful what energy stocks your looking at. With the new EPA requirements, some of these companies are going to be saddled with an enormous amount of debt. If they are a regulated industry, They might be a tad better because the rate payers have to foot the bill. All that aside, energy will always be here, and its importance will only increase with the population growth. I'd danged sure stay away from alternative energy. TBoon pickins has bailed on wind.
Pickens wants to build his electricity transmission facilities on a strip of land 250 feet wide and 250 miles long that starts at his farm in Roberts County, Texas, and terminates in Dallas. Why that particular strip? Because Pickens has been buying up massive water rights from the Ogallala Aquifer and he wants to pipe that water to Dallas at huge profit. Unfortunately, pipeline right-of-way is pretty hard to acquire, so Pickens figured out a way to get some help: he formed a little water district headed by his wife and a friend and then convinced the Texas legislature that water plus wind electricity was a good reason to use its power of eminent domain to hand over the land to him for a song. Wind power wasn't really the motivation for this land snatch, it was just a sweetener for a water deal.
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