70 buck a barrel oil matched by rising airfares...talk of rationing.

[big_al]

so you want the government to have more money?

get rid of corporate welfare
taxes on the top 100 corporations should not be 10% or less
taxes on the super rich should not be even less
get rid of the war on drugs
allow the "free market" to work, ie stop giving countless trillions to drug companies, airplane companies, defense contractors, etc

stop financing the rest of the worlds currencies by keeping such a large trade deficit and allowing these countries to hide their inflation rates in the stocks, bonds, home prices in the US

stop spending trillions on wars and instead fight poverty

 

[jetflyer]

Here is investment advice:

A great precious metals mutual fund. There are many more.
Tocquville Gold Fund (TGLDX)
Returns:
YTD: 36.76%
3 year: 42.15%
5 year: 41.7%
Link at Morningstar for fund information: HERE
Can buy by going to www.tocquevillefunds.com and going to "OPEN AN ACCOUNT" or calling 1-800-697-3863

Here is a good ENERGY Mutual fund:
Guinness Atkinson Global Energy Fund (GAGEX)
Returns:
YTD: 20.14%
2005: 64.0%
Link at Morningstar for fund information: HERE
Can buy by going to http://www.gafunds.com and going to "HOW TO INVEST" or calling 1-800-915-6565

Here is another good ENERGY Mutual Fund:
RS Global Natural Resources (RSNRX)
Returns:
YTD: 18.13%
3 Year: 47.12%
5 Year: 28.87%
Link at Morningstar for fund information: HERE
Can buy by going to http://www.rsinvestments.com/funds/gnr.html and clicking on "INVEST WITH US" or calling 1-800-766-FUND[3863]



These returns are going to keep going up, up, and away. I have my wife's and my IRAs in these three and some other different gold and silver investments. You won't regret getting on the commodity gravy train

Take care,
Jet

 

[jetflyer]

PEAK OIL Finally going Mainstream Media!

Saturday and Sunday on CNN 8PM ET
Tomorrow's Oil Crisis: We Were Warned

This is a one hour documentary about peak oil and the problems that can happen when the oil markets are as tight as they are right now with no spare capacity. It's actually its second running. I saw it when it ran for the first time about 2 weeks ago.

Matthew Simmons will talk about Peak Oil and so will ex-CIA Chief James Woolsey.

It is just an introduction to peak oil and they don't let Matthew Simmons speak as much as they should but it's a start.

They also talk up ethanol like crazy. They should talk more about the coal to oil which will have a much larger impact in the future and Electric-Hybrid Plug-In vehicles. Oh well, it's only an hour show, I guess you can't talk about everything in that amount of time.

I advise you all to watch it or TIVO it. CNN Sat. and Sun. 8PM ET.

Adios,
Jet

 

[Icelandair]

I thought colorado was a red state. There are lots of drug addicts and hippies there too?

 

[jetflyer]

Gotta hate Supply and Demand......

From HERE:

OPEC Exports DOWN 390,000 B/D In 4 Weeks To May 6 - Consultant

LONDON -(Dow Jones)- Seaborne crude oil shipments by the Organization of Petroleum Exporting Countries are expected to fall by 390,000 barrels a day in the four weeks to May 6 compared with the average of the previous four weeks, a leading tanker tracker said Thursday.

That is one reason the price is up. Plus Russia has said they're having problems increasing supply and may start to have a decline in supply, etc., etc. etc.

Is it happening???
Jet

 

[jetflyer]

FROM: http://energybulletin.net/15126.html
What the mainstream media are not telling you about the run up in oil prices
by Jeffrey J. Brown

It is a good short article that discusses the decline that has occured in imports, if we're at Peak Oil now, and why the Mainstream Media is not discussing this.

Peak Oil has been on CNN, Fox News, the front cover of the USA Today, and still I'd say that less than 1% of Americans even have a clue what it is.

The idea that we won't have cheap energy forever is going to make a lot of people mad and make what Bush has been doing make a lot more sense.

Peace out,
Jet

 

[CrimsonEclipse]

Ya know what scares me.

When JetFlyer types in really big text.:beer:

Has anyone here seen any articles on the effects of Peak Oil on the
Airline Industry?

(not that I'm nervous)

CE

 

[jetflyer]

PEAK OIL Finally going Mainstream Media!

Saturday and Sunday on CNN 8PM ET
Tomorrow's Oil Crisis: We Were Warned

Just reminding you guys of this program.

You guys TIVO or Watch this and tell me what you think. It really doesn't talk about peak oil as much as it should but it's a good introduction to the American people.

Jet

 

[jetflyer]

Oh and Crimson,

I haven't seen any articles. If I see one I'll post it for ya.

The people in the peak oil chatgroups love to say that the Airlines are the "Canary in the Coalmine" for peak oil and that they will be the some of the first casualties. Then again noone has gone out of business yet....

Jet

 

[wrxpilot]

Oh and Crimson,

I haven't seen any articles. If I see one I'll post it for ya.

The people in the peak oil chatgroups love to say that the Airlines are the "Canary in the Coalmine" for peak oil and that they will be the some of the first casualties. Then again noone has gone out of business yet....

Jet

A lot of those people THINK they will be ecstatic if such a thing were to happen. Unfortunately it would be rough for all, even those that wish us to be sitting around campfires eating dandelions when (or if) oil were to hit $200 /bbl.