Future Price of Oil ??

[jetflyer]

Iran just made an agreement with Russia to do enrichment on Russian soil. I predict this is because Russia does not want to see an invasion on Iran and wants to see the Iranian Oil Bourse open. They want a weak U.S., and Putin and Russia still hold resentments against the U.S. for crashing their economy to ruins.

I predict the powers in the U.S. think this is a bad thing because they want to go to Iran, for several reasons:
1) Stop the Oil bourse
2) To get the regime in Iran out of power and insert a pro-U.S. leader there.
3) To keep the oil flowing in the future and not have a maniac hold that much oil and have the ability to hold world economies ransom.
4) To stop Iran's ability to close the Strait of Hormuz, where much of the world's oil, including Saudi Arabia's oil travels through.
5) Iran is a member of the Axis of EEEEEEEVIIIIILLLLLL

Iran has said they want to continue enrichment in Iran, even if they do some enrichment in Russia.

So maybe the game is still on?

Jet

 

[atpcliff]

Hi!

Here it is:

http://www.avweb.com/eletter/archive...ll.html#191663

Quote:
Researchers in North Dakota say they have been working for four years on a process that converts soybean or canola oil into aviation turbine fuel. The biofuel, which is now almost ready for an Air Force test, runs colder and cheaper than conventional jet fuel and is more environmentally friendly, the Grand Forks Herald reported on Friday. The researchers said they have found a way to solve a problem with the fuel's tendency to "gel" at low temperatures, and that it is now working at temperatures of 75 below zero (Fahrenheit). Air Force scientists have tested earlier versions of the fuel, and found it performed as well as regular JP-8 jet fuel. The biofuel is being studied by a new sustainable-energy initiative between the University of North Dakota and North Dakota State University in Fargo. Wayne Seames, a UND chemical engineering professor, and Ted Aulich, a senior researcher at the Energy and Environmental Research Center, have been working together on the project. "There's still a lot of work to do," Seames told the Herald.

Cliff
YIP

 

[7S3W7A]

The best thing for everyone would be $100 per barrel of oil. SWA would be insulated enough to wait out the death of a legacy carrier before it dropped back down to $60 or so and I will make a few hundred thousand on oil stocks.

If only we were lucky enough to have that Saudi rig blown to pieces. Damn rent-a-cops stopped them. Hopefully the hurricane season coming up will shut down a few refineries for a few months and rocket the price back up.

$100 boys. Good for SWA and good for stock holders.

 

[EMB170Pilot]

I invested in oil when Bush was elected to his 1st term.....It isn't rocket science folks on how to make money

 

[jetflyer]

Yea I made about 50% last year on energy and gold.

Jet

 

[jetflyer]

If some of you read the articles about the oil bourse you might have noticed that

Hon. Ron Paul (Republican from TX) gave a great speech Before the U.S. House of Representatives where he briefly talks about the Iranian Oil Bourse and mostly about the great possibility of a coming dollar fall on:

February 15, 2006

Titled: The End of Dollar Hegemony
located at this government site: http://www.house.gov/paul/congrec/congrec2006/cr021506.htm

Well here is a link to a RADIO PROGRAM where Republican Ron Paul talks about: the U.S. dollar, the history of the dollar, the Federal Reserve fraud, the future of gold, the Iranian Oil Bourse, future inflation, etc.

Anyone that wants to protect their wealth in the coming years should listen to this man.

This is a very informed and educated man and hearing him speak is very enlightening.

Here are links to LISTEN to Republican Ron Paul speak with Jim Puplava on the "Financial Sense News Hour":
(PICK YOUR PREFERRED AUDIO FORMAT: )
RealPlayer | WinAmp | Windows Media l mp3
The interview with Ron Paul begins a little after minute 33.

More information about the entire radio program that occurred on February 25th with Jim Puplava can be found here:
http://www.netcastdaily.com/fsnewshour.htm

Jet

 

[jetflyer]

The Iranian Oil bourse has been delayed, until at the earliest Mid-2006, maybe later.

From http://www.theglobeandmail.com/servlet/story/LAC.20060314.RIRAN14/TPStory/?query=

Despite repeated reports over the past 18 months or so that the planned bourse would finally open for business on March 20, 2006 -- and go head to head with the New York Mercantile Exchange and the ICE Futures Exchange in London -- the start date has been postponed by at least several months and maybe more than a year.

"In the middle of 2006, we are able to start the bourse," Mohammad Asemipur, special adviser on the project to Iran's Oil Minister, said when reached in Tehran. The plan is to trade petrochemical products first, with a crude oil contract coming last, a rollout that likely will take three years, he said.

The more I read on the subject I think the bourse is just one of many, many reasons we will in some way go into Iran.

The Bush administration has thouroughly convinced the American public that Iran is a danger to the USA. It's just a matter of time before we do something about those "nukes" they want to build.

Nukes of course are just one of many reasons, including the oil bourse, oil, taking away Iran's control of the Strait of Hormuz, etc.

Jet