Mar
24
Filed Under (News) by oil
leanan777 asked:


A Matt Simmons phone interview on CNBC. He’s gotten pretty pessimistic, even doomerish lately.

BORIS

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Comments

AKAGl on 26 March, 2009 at 2:17 am #

DARIUS

The economy was the real bubble here, oil was merely the fuel driving it.


AKAGl on 28 March, 2009 at 5:34 am #

AARON

If by “the bubble bursts” you mean the global economy, which resulted in massive destruction of industry across the board with global trade down 50% now, then yeah.

Oil is a bubble insamuch as modern society is. If society collapses outside the context of energy, so will the price of oil. That goes without saying.

Pending a recovery, oil will not only regain all the position that it lost, but soar to even greater heights. If global commerce never collapsed, neither would the price of oil.


garyowen4ever on 29 March, 2009 at 12:36 am #

ANTWAN

CLASS WARFARE 4 EVER!!!


sharp452002 on 1 April, 2009 at 2:36 am #

BART

Put a floor under oil? He’s either a crook or an idiot.


rangeyer on 3 April, 2009 at 6:41 am #

CECIL

STUPID FUCKS!!!!!


garyowen4ever on 4 April, 2009 at 3:02 am #

ALEC

there are plenty of lamp poles on wall street…….let’s get some rope and have a parasite NECKTIE PARTY!


BBCcashville on 6 April, 2009 at 9:12 am #

FABIAN

Fast Money is the best show ON T.V…. The problem with this video is it’s a traders show… So if you’re a long term player go watch something else.

If you held OIL from $150 to $40 and your blaming CNBC then your a moron…lol


adeofspades1 on 8 April, 2009 at 1:05 am #

BRICE

see also the clip about peter schiff on the DOW Jones. They scoffed when he forecast the current problems. Who had the last laugh?


rosewood223 on 11 April, 2009 at 8:00 am #

ENRIQUE

at $144, they predict $200.

now at $53,they predict $20.

fuck CNBC.


filipefortes on 12 April, 2009 at 8:21 am #

EMILE

see… i would criticize him, but he is right in the long run..
he understands oil but dont understands crisis…
at that time it was a bubble, but that 50 dollars price wil soon become 150 again… and baybe 200.


garyowen4ever on 15 April, 2009 at 6:17 pm #

CEDRICK

on this 3 nov 08, in this season of renewal, MAY THE LITTLE BABY JESUS, the infant of prague, shine his light on the FAST MONEY GUYS and guide them to REAL mainstreet careers and jobs this coming new year.


cpang618 on 17 April, 2009 at 10:15 pm #

ARTURO

I love CNBC, especially fast money, these guys are fun to watch. It is, however, funny how we can get so short sighted and so overconfident in our beliefs. As Matthew Simmons put it “The idea that it’s a bubble…this is all poppycock” And now the bubble bursts and oil is near $80. Guess it shows how there really are no sure-fire “experts” in this world in any subject.


cartmann94 on 18 April, 2009 at 11:42 am #

DWAIN

today is at $88. i want it to go down to at least $50. and of course, STAY there.


garyowen4ever on 18 April, 2009 at 11:25 pm #

GONZALO

mainstreet to the fast village people guys……..DROP DEAD!


garyowen4ever on 20 April, 2009 at 7:37 am #

BENTON

the fast money VILLAGE PEOPLE GUYS NEED WIDOWS AND ORPHANS AND MAINSTREET’S BANK SAVINGS TO LIVE THE LARGE LIFE……….MAINSTREET WILL SUFFER GALACTIC INFLATION FOR THESE VILLAGE PEOPLE GUYS. DIE WALL ST. SCUM!


bbwlvrinpvd on 22 April, 2009 at 9:49 pm #

ABEL

My money is with Joe. Love these guys, like having my own personal advisor.

Bg


borinpc on 25 April, 2009 at 9:53 am #

ABRAM

Yes it’s easy for me and you to stop buying what we don’t buy anyway - but for car-addicts it’s a very different, impossible, prospect. “I need to get to work” etc.


garyowen4ever on 27 April, 2009 at 12:50 pm #

BARTON

the cool fast money gays are having a tantrum this 9-24-08,,,they want their bailout,,,boo hoo boo hoo boo hoo, i want my bailout mommy,,,,SUCK IT UP COCKSUCKERS!


2009Dolphin on 27 April, 2009 at 7:16 pm #

DARREL

What the Hell she (Erine) Smoking or Drinking every morning?

Is She Damb ***?

That ***** sound STUPID

.


CROldon on 27 April, 2009 at 9:20 pm #

BURL

damn


rdx506 on 29 April, 2009 at 9:45 am #

DANILO

So, now, two weeks later, crude oil is $125 !

This guy is an MSNBC expert!

More like BS-NBC!


soylentgreenb on 2 May, 2009 at 7:38 am #

BRENDAN

“X years - conversion of 100 reactors
1 decade - ignition of 100 reactors
3.5 decades - 200 reactors
3.5 decades - 400 reactors (approx. what we have now)
3.5 decades - 800 reactors”

I wasn’t talking about thorium. Even if I were: Plutonium. Enrich more uranium.


soylentgreenb on 4 May, 2009 at 11:25 pm #

ESTEBAN

“A breeder has to run on HEU for a decade before it has bred enough U233 to start a normal cycle.”

We were talking about uranium, not thorium.

Even if we were talking about thorium you don’t need HEU; plutonium from so called waste will do fine.


Matt007b on 7 May, 2009 at 1:55 am #

FILIBERTO

lol.. I like the look of the hosts and co-hosts as this guy talks about the total american disaster.

(I do agree we should get completely off oil asap but wow negative)


FrenchRome on 7 May, 2009 at 10:06 pm #

GERARD

I should have thought it simple to ‘correct’ the oil price.
In the UK, if people compoletely stopped shopping at BP, the price would drop as the government would be forced to cut the fuel tax.
If you feel bad about this then you simply make a commitment to buy only BP fuel after the price cut.
In the longer temr I look forward to new engine technologies such as those being worked upon by Honda since the 1980’s which the Thatcher government rejected.


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