Oil Going to $200

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  • Localizer
    Platinum Poster
    • Jul 2004
    • 2021

    #61
    Re: Oil Going to $200

    Originally posted by vinnie97
    Thanks but....you're the one that started down the personal path. This is the last time I'll ever divulge personal information on here that can be used as ammo against me. I already work in a medical field of sorts...guess what, it's seen outsourcing (India namely) like something fierce for the last decade, so wages are down. This was my second career path, FYI, and I'm still paying off the loan for the first...so please don't dish out unsolicited career advice from your high horse. I shouldn't need to buy a new mode of transportation every year because we don't have a sound energy policy.
    Unless it's radiology, manufacturing medical devices, or medical transcription, jobs in medicine are pretty much within US boarders. No one has to buy a new mode of transportation every year either. Last I checked, people still have vehicles that are beyond 10 years old. You can use all the scare-tactics and bullshit you want to get your point across. All it does is show that you're more interested in browsing the internet rather than moving yourself forward in a more positive direction. And fyi, I'm against cap n trade and have always been and I'm also pissed off about what obama did with graduate loans, but I'm not going to sit around and have self-pity. It just means I have to work harder, and I like that challenge.

    And Commiecare is putting hospitals at risk, too: http://www.weeklystandard.com/blogs/...re_501081.html (no apologies if that's too "conspiracy" for you)
    News for you. Commiecare is moving alongside with HMOs. Both the HMO system and the government system are going to flush out private practice if there are any private practitioners still left. Guess who lost out? The physicians. The bureaucrat and the businessman got together and took the demand out of physicians.

    Unless you want to forgive all prior college loans from medical professionals so that they can work for free (or, more realistically, at greatly reduced salaries), you might reconsider just how lucrative a career in the medical field will be in a few years if this monstrosity continues to wreak havoc.
    [/quote]

    Medicine will always be lucrative, especially for inpatient specialists and internists. But then again, if you went into medicine for money, that would be the idiotic choice as there are far more jobs which take less stress and time to achieve higher salaries. I sit at 8.5% before sallie mae was taken over going into my 1st and 2nd semester, of which, I had to pull out more to pay back the interest on that. I now sit at 6% for my current loans. I've found some new fields that will be exploding by the time I get farther down the road.
    Many people would sooner die than think; In fact, they do so.
    -Bertrand Russell

    Comment

    • floridaorange
      I'm merely a humble butler
      • Dec 2005
      • 29116

      #62
      Re: Oil Going to $200

      Shiiit, my cousin-in-law got into gold mining 6 years ago, he flies to brazil all the time and lives in (guess where?) Canada, and does very well...

      If you have the balls and drive, you can do anything you put your mind to.... and believe me when I say, if making money is your goal, there are plenty of fields that are available to you.

      It was fun while it lasted...

      Comment

      • vinnie97
        Are you Kidding me??
        • Jul 2007
        • 3454

        #63
        Re: Oil Going to $200

        Living comfortably (not filthy rich) and not worrying about the risk of rampant inflation (politicians pretending they don't have to ever live within our means is what will ultimately cause this) are my main concerns. Localizer, these items have me on pins and needles and I refuse to take psychotropics to settle my anxieties, which amount to just another expensive habit (I'm alcohol, cigarette and illicit drug free...maybe I should try some cannabis ;-)).

        Res, I still say it should be my choice. Some folks actually pay only for doctor visits, believe it or not. This way used to be affordable before the middleman came in...adding yet another giant bureaucratic agency is not the way to make healthcare affordable, and I do agree with you about frivolous lawsuits and the need for tort reform (that little issue was pushed under the rug last year). That said, don't make me pay into a private product (with threat of penalty) that I have a great likelihood of not even putting to use, simply because I breathe oxygen. As it is currently, I could simply work less, live even more meagerly and just suck on the Medicaid tit. It would pain me to do it, but if forced with wage garnishment for not complying, that would be my only choice.

        Localizer, you honed in on my work (I won't tell you which one but you can probably work it out). It's taken a beating over the last 5 years...it was my plan B career choice since A went down the tubes. The "scare tactics" I'm merely echoing are the ones being utilized by certain admin officials who want to institute their carbon taxation scheme that will make energy prices "necessarily skyrocket." It's partly why I nabbed a hybrid last year...I just don't appreciate the condescending suggestion that I should suck it up and suffer for these measures because that's the capitalist thing to do. It just so happens they're going up without the aid of such a scheme, yet this administration has been trying to use the EPA to implement this alarmist agenda by way of fiat.

        Comment

        • Localizer
          Platinum Poster
          • Jul 2004
          • 2021

          #64
          Re: Oil Going to $200

          Originally posted by vinnie97
          Living comfortably (not filthy rich) and not worrying about the risk of rampant inflation (politicians pretending they don't have to ever live within our means is what will ultimately cause this) are my main concerns. Localizer, these items have me on pins and needles and I refuse to take psychotropics to settle my anxieties, which amount to just another expensive habit (I'm alcohol, cigarette and illicit drug free...maybe I should try some cannabis ;-)).

          Res, I still say it should be my choice. Some folks actually pay only for doctor visits, believe it or not. This way used to be affordable before the middleman came in...adding yet another giant bureaucratic agency is not the way to make healthcare affordable, and I do agree with you about frivolous lawsuits and the need for tort reform (that little issue was pushed under the rug last year). That said, don't make me pay into a private product (with threat of penalty) that I have a great likelihood of not even putting to use, simply because I breathe oxygen. As it is currently, I could simply work less, live even more meagerly and just suck on the Medicaid tit. It would pain me to do it, but if forced with wage garnishment for not complying, that would be my only choice.

          Localizer, you honed in on my work (I won't tell you which one but you can probably work it out). It's taken a beating over the last 5 years...it was my plan B career choice since A went down the tubes. The "scare tactics" I'm merely echoing are the ones being utilized by certain admin officials who want to institute their carbon taxation scheme that will make energy prices "necessarily skyrocket." It's partly why I nabbed a hybrid last year...I just don't appreciate the condescending suggestion that I should suck it up and suffer for these measures because that's the capitalist thing to do. It just so happens they're going up without the aid of such a scheme, yet this administration has been trying to use the EPA to implement this alarmist agenda by way of fiat.

          Fair enough. Sorry to sound like a dick. And sorry for the thread derailment.
          Many people would sooner die than think; In fact, they do so.
          -Bertrand Russell

          Comment

          • runningman
            Playa I'm a Sooth Saya
            • Jun 2004
            • 5995

            #65
            Re: Oil Going to $200

            $1.21/litre !!!

            Comment

            • FM
              Wooooooo!
              • Jun 2004
              • 5361

              #66
              Re: Oil Going to $200

              Originally posted by Localizer
              work harder, find a better job, that's the capitalist way.
              it's also the only way if you seriously want to get ahead today. Most "jobs" being re-created pay for shit. Which means you need 2, 3, 4 to make up for it.

              Follow the money, get into these fields for a while, and you'll do well.
              FM

              "Nowadays everyone is a fucking DJ." - Jack Dangers

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              • FM
                Wooooooo!
                • Jun 2004
                • 5361

                #67
                Re: Oil Going to $200

                Any possible urgency creates these higher prices, namely if you trade. Right now the futures for CL08XE (US oil) is around 97/98 before expiry.

                Although Libya has recently re-opened the stream, initial damage was done. Any ridiculousness in Saudi Arabia (slated in about 10 days, priced in or not) will create the next leg up...all hell breaks loose, all bets are off.

                Gas locally for me shot up 20 cents in the past 2 weeks. Soon thereafter it will be 3.50 a gallon (all time high) if things continue...which makes 4/4.50 a gallon commonplace elsewhere.
                FM

                "Nowadays everyone is a fucking DJ." - Jack Dangers

                What record did you loose your virginity to?
                "I don't like having sex with music on- I find it distracting. And if it's a mix cd- forget it. I'm stopping to check the beat mixing in between tracks." - Tom Stephan

                Download/Listen To My Mixes
                Facebook!
                A Journey Into Sound On MCast

                Satisfaction guaranteed, or double your music back.

                Comment

                • runningman
                  Playa I'm a Sooth Saya
                  • Jun 2004
                  • 5995

                  #68
                  Re: Oil Going to $200

                  What I don't understand is that there has been a slow down in the economy so demand must be down. So why does this little Libya event drive prices so high when demand is down.

                  Comment

                  • res0nat0r
                    Someone MARRY ME!! LOL
                    • May 2006
                    • 14475

                    #69
                    Re: Oil Going to $200

                    how can you not understand that for the 100th middle east flare up this time around, oil and gas prices also go up?

                    Comment

                    • runningman
                      Playa I'm a Sooth Saya
                      • Jun 2004
                      • 5995

                      #70
                      Re: Oil Going to $200

                      the oil hasn't stopped pumping. So it goes this high on media threats and speculation?

                      Comment

                      • res0nat0r
                        Someone MARRY ME!! LOL
                        • May 2006
                        • 14475

                        #71
                        Re: Oil Going to $200

                        exactly. jenks already explained it in post #8.

                        Comment

                        • runningman
                          Playa I'm a Sooth Saya
                          • Jun 2004
                          • 5995

                          #72
                          Re: Oil Going to $200

                          no the oil is still pumping

                          Comment

                          • res0nat0r
                            Someone MARRY ME!! LOL
                            • May 2006
                            • 14475

                            #73
                            Re: Oil Going to $200

                            no you are just confused.

                            Comment

                            • Localizer
                              Platinum Poster
                              • Jul 2004
                              • 2021

                              #74
                              Re: Oil Going to $200

                              Originally posted by FM
                              Any possible urgency creates these higher prices, namely if you trade. Right now the futures for CL08XE (US oil) is around 97/98 before expiry.

                              Although Libya has recently re-opened the stream, initial damage was done. Any ridiculousness in Saudi Arabia (slated in about 10 days, priced in or not) will create the next leg up...all hell breaks loose, all bets are off.

                              Gas locally for me shot up 20 cents in the past 2 weeks. Soon thereafter it will be 3.50 a gallon (all time high) if things continue...which makes 4/4.50 a gallon commonplace elsewhere.

                              This reminds me of the summer of '08 before the market crash when oil prices escalated. This could end up being the same thing (early cyclical), so if you wanna make a quick buck, oil/energy exploration companies might be worth a look at going into the late spring/early summer months. The airlines are taking a hit too, so it would be worthwhile to keep those on the look out after they bottom.
                              Many people would sooner die than think; In fact, they do so.
                              -Bertrand Russell

                              Comment

                              • Localizer
                                Platinum Poster
                                • Jul 2004
                                • 2021

                                #75
                                Re: Oil Going to $200

                                Originally posted by runningman
                                What I don't understand is that there has been a slow down in the economy so demand must be down. So why does this little Libya event drive prices so high when demand is down.
                                It's called hedging.
                                Many people would sooner die than think; In fact, they do so.
                                -Bertrand Russell

                                Comment

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