Oil

[rbakker]

Oil drops below $100 a barrel, good news for the economy and especially good news for tourist-reliant Hawaii. Market forces do seem to work after all.

Too bad for the doom-and-gloomers, maybe next time!

[Hotzcatz]

Wait until AFTER the election and then see what happens. Shows you how much the powers that be can affect prices when they want to. Happy happy joy joy and the people in office get re-elected so it is as good as it is going to get directly before an election. After the election, that's another order of business altogether.

[EightFingers]

Seeing that OPEC has voted to cut production, it looks like they want to prop up that $100/barrel golden-egg-laying goose.

[mella l]

Hotzcatz, good memory, that is what happened in 04!


edit to add this link for bio jet fuel article, not there yet, but getting much closer!!

http://www.sfgate.com/cgi-bin/article.cg...12R1VB.DTL

mella l
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"Resolve to be tender with the young, compassionate with the aged, sympathetic with the striving, and tolerant with the weak and wrong....because sometime in your life you will have been all of these."

[Bob Orts]

Today's headlines:

"Federal oil lease employees had sex with industry reps"

Yep, our federal tax dollars at work, paying government staffers to regulate the oil industry but instead they accept gifts, drugs and sex from oil reps.

[Rob Tucker]

Now if someone can figure out how to bring this topic into Hawaii it can remain on Punaweb.

Punaweb moderator

[Bullwinkle]

Well its a stretch ... but if all those oil folks were having sex with ron burkle, maybe aloha airlines would still be flying

speaking of alohas' owner burkle and his pals... seems like he did get sucked into that phony vatican property resale scam - got his 1 million $ back though... amazing how well having connections (clinton) in washington works. burkle always seems to be able to walk away from the table with all of his cash no matter how bad his decisions are, even after getting into bed with scammers - he walked away with his cash......

to bring all back to hawaii .... speculation in oil, while the regulators were boinking the oil company reps, rather than watching out for their constituents, really hurt the travel industry in hawaii and killed aloha .... meanwhile instead of paying attention to the industry Burkle was trying to boink the vatican out of some cheap real estate while Aloha was allowed to fail on the "oil buble" and parted out for more $$ than the whole thing would have sold for - consumers be damned

how is that for tying it all together? - grin

[Rob Tucker]

Thanks Bullwinkle....

Punaweb moderator

[Kelena]

I can tie it in. Burkle was involved in a HUGE divorce action during which he managed to get the California legislature to pass a statute which provided for blanket sealing of divorce actions with respect to certain financial information. That statute was deemed unconstitutional. In the MEANTIME another family with fortunes on par with or better than the Burkles filed a dissolution action in which one party complained that the other party sent one of the minor children from Hawaii Island to Lanai on a COMMERCIAL aircraft instead of chartering a private aircraft as was their custom, thereby inflicting untold grief on all concerned.

One great thing about Puna is that the independently wealthy who choose to live there would never faint because they had to take a commercial, rather than private, aircraft to Lanai.

[rbakker]

Does anyone know a website where you can find the daily oil price (per barrel) for free? You can get this sort of info easily for any number of stocks, from dozens of sites, but not for oil. Is it a secret?