Comments on: OPEC President’s Oil Price Prediction: $200 a Barrel http://www.contrarianprofits.com/articles/opec-president-makes-his-own-oil-price-prediction-200-a-barrel/1620 Access market-beating ideas from the world's top investment gurus on stock market investing, the gold market, ETFs, Forex trading and real estate values. Tue, 24 Nov 2009 15:08:08 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Contrarian Profits http://www.contrarianprofits.com/articles/opec-president-makes-his-own-oil-price-prediction-200-a-barrel/1620/comment-page-1#comment-862 Contrarian Profits Tue, 29 Apr 2008 02:34:58 +0000 http://www.contrarianprofits.com/articles/opec-president-makes-his-own-oil-price-prediction-200-a-barrel/#comment-862 Jim, That the price of oil has been rising as the amount of M3 money supply has been growing is a fact. In fact, about 87% of the move in the price of oil can be explained by the increase in money supply. Who's "excusing" profits made by oil companies. Most smart investors are happy to see profits in whatever company type of company they invest in. Chris Lowe Jim,

That the price of oil has been rising as the amount of M3 money supply has been growing is a fact. In fact, about 87% of the move in the price of oil can be explained by the increase in money supply.

Who’s “excusing” profits made by oil companies. Most smart investors are happy to see profits in whatever company type of company they invest in.

Chris Lowe

]]> By: Jim Bateman http://www.contrarianprofits.com/articles/opec-president-makes-his-own-oil-price-prediction-200-a-barrel/1620/comment-page-1#comment-861 Jim Bateman Mon, 28 Apr 2008 21:18:52 +0000 http://www.contrarianprofits.com/articles/opec-president-makes-his-own-oil-price-prediction-200-a-barrel/#comment-861 No matter how much the dollar declines, you can not excuse the amount of profits made by the oil companies and the damage that the prices are causing in our country. I hear every excuse in the world as to why the prices are as high as they are and continue to rise. So, if these excuses are valid, why are the record profits continuing to rise with the gas prices. It is nothing but lies and propoganda. The United States government is sending out stimulus check to try and help the economy. This is going to do nothing but give people a little bit more money to give the oil company. Exxon/Mobil just recorded a profit of over 40 Billion dollars for 2007 and that is nothing compared to what they will be in 2008. The oil companies could send out a $2k gas card to every car owner in America and not even touch their profits. This is too much like right to help Americans. I never thought in my life time I would ever see any one business dominate this country the way the oil companies are doing now. This Government, both Democrats and Republicans have completely robbed the American people and given the oil companies the right to legaly steal from every American. The executive of the oil companies and the government are not better than a group of street thugs who rob people. Oil companies just steal on a much larger scale. I have never been afraid of my government before, but I see this country headed in a direction that literaly scares me to death. I worry about what my child and family are going to have to live with in the near future. My question for the Oil Companies is, how much is enough? How much money do they have to profit to be enough? How much is enough? People that have to make more and more money and can not get enough have a sickness. It is sick to profit from peoples demize. Once again, How much is enough? Where does it stop? How many people have to suffer or even die to make enough for the oil companies to say we have made enough money. Sincerely worried, Jim.................. No matter how much the dollar declines, you can not excuse the amount of profits made by the oil companies and the damage that the prices are causing in our country. I hear every excuse in the world as to why the prices are as high as they are and continue to rise. So, if these excuses are valid, why are the record profits continuing to rise with the gas prices. It is nothing but lies and propoganda. The United States government is sending out stimulus check to try and help the economy. This is going to do nothing but give people a little bit more money to give the oil company. Exxon/Mobil just recorded a profit of over 40 Billion dollars for 2007 and that is nothing compared to what they will be in 2008. The oil companies could send out a $2k gas card to every car owner in America and not even touch their profits. This is too much like right to help Americans. I never thought in my life time I would ever see any one business dominate this country the way the oil companies are doing now. This Government, both Democrats and Republicans have completely robbed the American people and given the oil companies the right to legaly steal from every American. The executive of the oil companies and the government are not better than a group of street thugs who rob people. Oil companies just steal on a much larger scale. I have never been afraid of my government before, but I see this country headed in a direction that literaly scares me to death. I worry about what my child and family are going to have to live with in the near future. My question for the Oil Companies is, how much is enough? How much money do they have to profit to be enough? How much is enough? People that have to make more and more money and can not get enough have a sickness. It is sick to profit from peoples demize. Once again, How much is enough? Where does it stop? How many people have to suffer or even die to make enough for the oil companies to say we have made enough money.

Sincerely worried, Jim………………

]]>