Author Topic: Re: How to reduce the price of oil tomorrow.  (Read 760 times)

Offline WWhiskey

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Re: How to reduce the price of oil tomorrow.
« on: May 06, 2008, 07:24:38 PM »
No S*** I am in the wrong line of work. I need to figure out a way to use a home equity line of credit and get into the futures market before it crashes. That way I could sit on a a bunch of profit for a few weeks or months and then retire to some beach front property on a big boat.

might be a good idea to not say what beach, once this thing falls apart!!! in thinkin some nice quite private island!!lol
Flying since tour 71.

Offline DieAz

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Re: How to reduce the price of oil tomorrow.
« Reply #1 on: May 06, 2008, 07:30:26 PM »
No S*** I am in the wrong line of work. I need to figure out a way to use a home equity line of credit and get into the futures market before it crashes. That way I could sit on a a bunch of profit for a few weeks or months and then retire to some beach front property on a big boat.

this is where the real money can be made. http://www.investopedia.com/terms/s/stockoption.asp

Offline zoozoo

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Re: How to reduce the price of oil tomorrow.
« Reply #2 on: May 06, 2008, 07:31:35 PM »
DRILL ALASKA!!!!!!!!!!!!!!  :rolleyes: :rolleyes: :rolleyes: :rolleyes:
Zoozoo
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Offline Gunthr

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Re: How to reduce the price of oil tomorrow.
« Reply #3 on: May 06, 2008, 07:42:28 PM »
(sigh) i was hoping for a quick solution here...
"When I speak I put on a mask. When I act, I am forced to take it off."  - Helvetius 18th Century

Offline JagdTankker

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Re: How to reduce the price of oil tomorrow.
« Reply #4 on: May 06, 2008, 08:06:35 PM »
That would not lower prices......it "looks like" your assuming the skyrocket to $4.00/gal and beyond is based on everyone speeding around in SUV's 

it didn't hit 4$ a gallon overnight  :rolleyes:

ever notice the Hemi comes back around and the gas prices go up faster?
<<---chasing the flock of Seagulls-aka JG/11

Offline lyric1

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Re: How to reduce the price of oil tomorrow.
« Reply #5 on: May 06, 2008, 08:27:04 PM »
DRILL ALASKA!!!!!!!!!!!!!!  :rolleyes: :rolleyes: :rolleyes: :rolleyes:
Wont need to if they just go with this http://governor.mt.gov/hottopics/faqsynthetic.asp The last time they started work on this under Carter, Opec got so scared the price of oil dropped to $8.00 a barrel. Since crude was so cheap the quest for 100 of these plants in Montana were abandoned. It works the Germans kept the supply of oil for there war machine for quite a while.