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Clouse227
Visionary
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Have you done your homework?
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"All I know, is that I know nothing." - Socrates
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8:22 pm on Dec. 3, 2008 | Joined: Nov. 2007 | Days Active: 404
Join to learn more about Clouse227 California, United States | Straight Male | Posts: 4,011 | Points: 8,730
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ss454
Enlightened One
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My bad....ExxonMobil
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8:22 pm on Dec. 3, 2008 | Joined: Jan. 2008 | Days Active: 418
Join to learn more about ss454 Pennsylvania, United States | Straight Male | Posts: 9,741 | Points: 14,888
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( iconoclast )
ffffffffffffffffffff
 Patron
Support Leader
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Quote: from Clouse227 at 11:22 pm on Dec. 3, 2008
 Have you done your homework?
to some extent, i need someone to point me in the right direction, but i know quite a bit about oil in general
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cool :cool:
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klutzyduck
aka dreamweaver
 Sustainer
Support Leader
Tech Support Leader
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I wouldn't do it at all with the gas companies, personally. Way to risky, especially now.
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Jettie12
Swami
Patron
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Bring a barrel and go visit your local gas station. That's probably the simplest way to invest in oil; buy it in great amounts and don't use it.
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I snort like a true woman. - CherryD
Black, get in the back, Brown can stick around, but not with me,
Yellow, best not be mellow, the Red band can go to hell man,
And White, continue to do what's always right.
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9:40 pm on Dec. 3, 2008 | Joined: June 2007 | Days Active: 636
Join to learn more about Jettie12 New Jersey, United States | Straight Male | Posts: 11,358 | Points: 29,276
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( iconoclast )
ffffffffffffffffffff
Patron
Support Leader
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Quote: from Jettie12 at 12:40 am on Dec. 4, 2008
Bring a barrel and go visit your local gas station. That's probably the simplest way to invest in oil; buy it in great amounts and don't use it.
hahahahahaha
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cool :cool:
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11:18 pm on Dec. 3, 2008 | Joined: April 2005 | Days Active: 700
Join to learn more about iconoclast New Jersey, United States | Straight Male | Posts: 33,824 | Points: 43,064
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Jettie12
Swami
Patron
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Quote: from prisoner of hss at 2:18 am on Dec. 4, 2008
Quote: from Jettie12 at 12:40 am on Dec. 4, 2008
Bring a barrel and go visit your local gas station. That's probably the simplest way to invest in oil; buy it in great amounts and don't use it.
hahahahahaha
CanRoys?
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I snort like a true woman. - CherryD
Black, get in the back, Brown can stick around, but not with me,
Yellow, best not be mellow, the Red band can go to hell man,
And White, continue to do what's always right.
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11:22 am on Dec. 4, 2008 | Joined: June 2007 | Days Active: 636
Join to learn more about Jettie12 New Jersey, United States | Straight Male | Posts: 11,358 | Points: 29,276
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piejesu
Advisor
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I agree, investing in oil or precious metals right now might be a potentially frugal oppurtunity. As the government dumps money into the economy and the global peak production capacity of oil is hit, we'll start riding the downward end of the "bellcurve" of oil production trends, and prices will rise as resources dwindle with increasing competition. And the value of precious metals will increase as the value of the dollar weakens. Oil is very variable and volatile in a market sense and it can become quite tricky to predict on a short-term scale, but to me this looks like the direction it is heading.
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economist
Advisor
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Investing in oil has to be a good idea in the long term, as it runs out the price can only go up.
But the current economic climate will hamper any growth i n the price and it is lilely to stay down for a while to come.
Long term investors need to be aware of the long term shift to other options, the price will stop rising
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