So Jay, You Were Saying??? - Page 4 - Mercedes-Benz Forum

LinkBack Thread Tools Display Modes
post #31 of 34 (permalink) Old 06-24-2008, 09:25 AM
BenzWorld Elite
Jayhawk's Avatar
Date registered: Aug 2005
Vehicle: S500/W220/2000
Location: Lawrence, KS (USA)
Posts: 21,652
Mentioned: 0 Post(s)
Quoted: 2 Post(s)
Oh, and there is this...

Oil Woes Fail to Stir Leadership
June 24, 2008

Capital Journal -

And here is the real problem:
Attached Images

Don't believe everything you think
Jayhawk is offline  
Sponsored Links
post #32 of 34 (permalink) Old 06-24-2008, 09:55 AM
BenzWorld Elite
elau's Avatar
Date registered: Oct 2002
Location: Maryland
Posts: 5,392
Mentioned: 0 Post(s)
Quoted: 4 Post(s)
Originally Posted by QBNCGAR View Post
Jay, when just about 95% of everything behind each position you take turns out to be WRONG, and you keep getting pasted up as the poster child for adult moronism around here, where do you get the courage to go on? Is it just a case of ignorance being the analog to bliss - ergo, you're too dumb to know how dumb you are, so you just keep on keeping on?

Utterly fascinating. I just can't let it go.
Look at Jay's signature. He doesn't believe what he thinks therefore he in essence is in agreement with us all along. He is no right wing nut job, he is actually a left wing nut job thinking he is a right wing nut job thinking he is a left wing nut job thinking he is a right nut job and so on and so forth.

In conclusion, Jay is a nut job period.

'95 R129
'04 G35.5 BS
'10 X204
elau is offline  
post #33 of 34 (permalink) Old 06-26-2008, 09:00 AM Thread Starter
Surely A Large Human
Qubes's Avatar
Date registered: Jun 2006
Vehicle: '08 C219
Location: Between Earth and Mars
Posts: 34,234
Mentioned: 2 Post(s)
Quoted: 482 Post(s)
Lifetime Premium Member
(Thread Starter)
Wow, lots of news that would make Jay's head explode today.

Gas could fall to $2 if Congress acts, analysts say - MarketWatch
Gas could fall to $2 if Congress acts, analysts say
Limiting speculation would push prices to fundamental level, lawmakers told

By Rex Nutting & Michael Kitchen, MarketWatch
Last update: 4:24 p.m. EDT June 23, 2008

WASHINGTON (MarketWatch) -- The price of retail gasoline could fall by half, to around $2 a gallon, within 30 days of passage of a law to limit speculation in energy-futures markets, four energy analysts told Congress on Monday.

Testifying to the House Energy and Commerce Committee, Michael Masters of Masters Capital Management said that the price of oil would quickly drop closer to its marginal cost of around $65 to $75 a barrel, about half the current $135.

Fadel Gheit of Oppenheimer & Co., Edward Krapels of Energy Security Analysis and Roger Diwan of PFC Energy Consultants agreed with Masters' assessment at a hearing on proposed legislation to limit speculation in futures markets.

Krapels said that it wouldn't even take 30 days to drive prices lower, as fund managers quickly liquidated their positions in futures markets.

"Record oil prices are inflated by speculation and not justified by market fundamentals," according to Gheit. "Based on supply and demand fundamentals, crude-oil prices should not be above $60 per barrel."

Futures trading in London has not been a major factor in rising oil prices, testified Sir Bob Reid, chairman of the Chairman of London-based ICE Futures Europe. Rising prices are largely a function of fundamental supply and demand, not manipulation or speculation, he said.

"Energy speculation has become a growth industry and it is time for the government to intervene," said Rep. John Dingell, D-Mich., chairman of the full committee. "We need to consider a full range of options to counter this rapacious speculation." It was Dingell's strongest statement yet on the role of speculators.

This is a bit more esoteric, but still relevant.

'Oil shock' stems from fears of future shortfall: consultant - MarketWatch
Perceptions of supply shortfall keep oil prices high
Market is discounting new supplies and slowing demand, CERA says

By Laura Mandaro, MarketWatch
Last update: 6:31 p.m. EDT June 25, 2008

SAN FRANCISCO (MarketWatch) -- A "shortage psychology" in oil markets is overshadowing news of fresh discoveries and falling demand to drive oil prices to record levels, the head of influential energy consultancy Cambridge Energy Research Associates said Wednesday.

"A lot of what's going on in financial markets is not just looking at Nigeria but looking at the shortfall in supply three, five years down the road," said Daniel Yergin at a Senate Joint Economic Committee hearing in Washington, which was Webcast.

Investors are viewing future oil supplies through the prism of expected high-demand growth in China and India, which "tends to be the end of all discussions," he added.

These concerns -- that global oil supplies won't be able to keep up with the rapid industrialization and consumer-spending growth of emerging markets -- are overshadowing other fundamental factors that would typically dampen oil prices.

These include discoveries of potentially large oil fields in Brazil and a drop in some developed countries' demand for oil, which tend to be "discounted" by the market, according to Yergin.

Qubes is offline  
post #34 of 34 (permalink) Old 06-26-2008, 09:02 AM
BenzWorld Elite
elau's Avatar
Date registered: Oct 2002
Location: Maryland
Posts: 5,392
Mentioned: 0 Post(s)
Quoted: 4 Post(s)
Fuck him. I wish his head would explode.

'95 R129
'04 G35.5 BS
'10 X204
elau is offline  
Sponsored Links

  Mercedes-Benz Forum > General Mercedes-Benz Forums > Off-Topic

Quick Reply

Register Now

In order to be able to post messages on the Mercedes-Benz Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Please enter a password for your user account. Note that passwords are case-sensitive.


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:


  • Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
    Thread Tools
    Show Printable Version Show Printable Version
    Email this Page Email this Page
    Display Modes
    Linear Mode Linear Mode

    Similar Threads
    Topic Author Forum Replies Last Post
    What you have to say now? Jay elau Off-Topic 51 03-07-2008 01:50 PM
    Uh-Oh......Jay is not going to be happy about this.......... Jakarta Expat Off-Topic 7 02-01-2008 07:58 PM
    Jay, got that sheet yet? :-) Max R170 SLK-Class 1 10-10-2002 03:47 AM
    As much as I wish I were Jay Huang, alas I am only Jay Y (my latest photos - kinda large pic) Jason Y R170 SLK-Class 17 06-08-2001 12:11 PM
    attn: JAY Guest (MBNZ) W202 C-Class 1 02-26-2001 07:39 PM

    Posting Rules  
    You may post new threads
    You may post replies
    You may not post attachments
    You may not edit your posts

    BB code is On
    Smilies are On
    [IMG] code is On
    HTML code is Off
    Trackbacks are On
    Pingbacks are On
    Refbacks are On


    Title goes here

    video goes here
    description goes here. Read Full Story
    For the best viewing experience please update your browser to Google Chrome