...until today, when regulators are heavily speaking of allowing them to free up $10 billion in assets.
But hey! What the fuck do I know?!
But hey! What the fuck do I know?!
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Most of the alternatives for cars in this country are garbage. Corn based ethanol is a joke, for every 1 unit of disel used to make it yeilds 1.3 units of ethanol. Hybreds are impractical for the average consumer. High maintanance costs and 100k miles on the battery before a very costly replacement. No such thing as a solar car. Hydrogen cars are still decades away from a possible mass market. Also as far as ethanol goes South America does it right they use sugar cane and for every 1 unit of diesel used to produce they make 8 units of ethanol. The future of oil is high prices and shale oil. Also a way has been found to convert coal into oil.As for hiking oil prices...
There is a massive alternative energy movement in place now. It has moved out of the curiosity phase and is moving into the corporate profit phase. The oil company mega profits are limited and they know this. I'm sure they are just making the last of the big bucks; before the spend it all to buy out the next big thing.
I told this tree hugger (im an ex hugger i just grew up) that i had an xb and an integra and they made some comment that they were great for the environment. Then i mentioned how i wanted to supercharge my xb and that i wanted to buy this big turbo set up for my integra. I got the dirtiest look... It was great...
yeah, but they have to be careful. if they overproduce, supply will increase and prices drop. they need to find a market equilibrium. and with changing values to the dollar, that is nearly impossible.but at @12/barrel and oil trading for over @100/barrel it is now economical to harvest this oil.
Also their socialized medicine is a nightmare.
Most of the alternatives for cars in this country are garbage.
Fannie Mae is a good stock to hold? News to me...
and why do you fight everyone on this site?
and i mean everyone...
but at @12/barrel and oil trading for over @100/barrel it is now economical to harvest this oil.
you're a shitty fortune teller cause you said 10 bil vs 200bil
and it being all over the news on the 18th doesn't help your cause much either
the housing market is overinflated
this move will just drag it on even further
gotta keep that house of cards up