Archive for June, 2011

It would seem some one is finally waking up.

Posted by greensciences in 2011 Energy Report, 2011 Power Report, Advanced Building Materials, Bio-Composites, Bio-gas, BTL, CAD/BIM/GIS, CCSC, CSS carbon sequestration & storage, GTL, Power Towers, Solar, Trading, Water and Waste Treatment on June 23, 2011

http://www.reuters.com/article/2011/06/23/us-usa-spr-release-idUSTRE75M3GS20110623

Half coming from U.S. Reserves

It’s called buy low, sell high. Since when has it been any different.

If you had the 727M barrels, when would you sell?

When would you buy?

There is record supply, the supply and demand is totally out of wack, & yet the price is near all time highs.

Lucky it’s not me trading that reserve. I would sell every damn barrel. Then I would short the bastard.

Then I would turn around and buy it back. I would damn sure get rid of all that sour first.

Then I would take the $39B loan protection set aside for N.P. and shift it to alternative energy production and you can bet your butt I would produce FUEL and not need a DROP OF OIL. If you’re producing power at the same time it simply means you know what the hell you’re doing. It’s called integration. Anything less is a WASTE OF MONEY.

Leave a Comment

Follow

Get every new post delivered to your Inbox.