Tuesday, February 22, 2011

Libya: Why the oil market is nervous

Libya: Why the oil market is nervous

Man this new unrest in Lybia will propel the oil prices around the world to the new high. Expect gas prices to rise in the near future in all the markets. Good thing that I bought some solar stocks in the retirement account. Hopefully the investment and trading account can balance from there.

I am still losing with my KB homes stock holding. So we will have to see.

60 comments:

  1. the oil prices in germany already are to high...

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  2. I've heard the repressive forces have absolutely no mercy on the civilians. hope this gets better.

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  3. Probably the government will fall and then the oil will stay calm, until another revolution starts. Kuwait would be bad for the prices

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  4. very interesting read, thanks for keeping me updated about this market

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  5. It's crazy given how small a % they contribute to global production

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  6. this is the only thing that its always rising

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  7. Yeah we saw a price increase in oil. 10% of EU's oil come from Libya.

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  8. Hey man, thanks for your Clicksor and Chitika pictures! I am now using them :)

    /Following and Supporting!
    http://www.its-always-420.blogspot.com/

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  9. I fear the whole middle-east thing is going to get a hell of a lot worse before it gets better

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  10. Ugh here in Canada they're crazy too. And we have our own reserves!!!! Stupid OPEC...

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  11. really interesting blog!

    Followed and will support daily!
    http://all-around-toto.blogspot.com/

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  12. This is going to be a hell of a strugle.

    World of Warcraft Cheats@
    http://www.blizzardhacks.com

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  13. very interesting. thanks for sharing

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  14. It's a good thing that i don't own a car lol

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  15. following n $upporting

    comment back to hop in my loop

    therichesthappiest.blogspot.com

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  16. Great insights, Followed! alphabetalife.blogspot.com

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  17. According to this article its not Libya that is the problem, its bankers

    http://www.cpeterson.org/2011/03/10/why-gas-is-so-expensive-today-hint-its-not-libya/

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  18. interesting point you have and counterpoint by Alan above.

    informative blog btw, following. :)

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  19. oil prices are just unbelievable .

    visit http://stranger103.blogspot.com/

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  20. Hmm, this seems as an interesting blog. I think the stock market is a bit too hasty for me, I'm going to go with shares instead :)

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  21. My shares on way up horay. Hope the oil does'nt run out too soon or the Arab countrys will go bust. Following

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  22. That does suck :/

    Following!

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  23. interesting. Though this was back in Feb. has anything changed?

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  24. we bloggers should put some money together and buy us a topped off oil tanker, wait 10 years and we all be rich :p.

    Interesting blog, I don't know how I got here, but I'll definitely subscribe!

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  25. This comment has been removed by the author.

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  26. I remember like 3 years ago when the high gas prices was all over the news, now the prices are higher than the moon and no one seems to really care...

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  27. I hear gas prices are supposed to hit $5 a gallon this summer. That would be terrible.

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  28. bah oil prices are high enough as it is!

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  29. Solar stocks are always a good long term investment, thanks for the tips!
    +following

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  30. can you predict when gas prices will start to drop? im getting pretty angry they are always rising never drops

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  31. It makes me really nervous aswell don't worry about that!

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  32. Good luck with your stocks man.

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  33. I was wondering why they were too.

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  34. in our country is also skyhigh

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  35. Fuuuuuuuuu i know what your saying man im from Mexico and we are an Oil nation but it sucks balls, the gas is sky high imagine if we werent an Oil nation, i used to fill the tank with like 25 Bucks, now i need 50bucks DOUBLE THE FREAKING PRICE!!!

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  36. lol oil market is nervous cuz the US is about to ninja a shit load of it lol

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  37. the oil market is always going to be nervous =/

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  38. We're all nervous about it and damn, only Norway is chilled out about it =( snap we MUST use natural energy, but NOOO the oil industries have to om nom EVERYTHING.. I hate it! Following your blog now, it's way interesting =)

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  39. weren't gas prices supposed to go down?

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  40. Gas prices in my area are starting to go down, but still are incredibly high

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  41. if theres oil and problems the us will help

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  42. We need an alternative fuel source, oil is getting way out of hand, environmentally and financially

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  43. It's crazy, I'm glad I drive a 4 cyl Honda Civic right now lol.

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  44. I love your other blog, but couldn't find a place to tell you so.

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  45. I am looking for getting an electric car.

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  46. Yea, electric cars, or vehicles could be some kind of an solution for this. But there is still enough oil in the ground, its just that the governments are too corrupt to say the truth.

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  47. You're growing followers, now deliver!

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  48. Hmm, it is getting crazy. Following for more.

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  49. I'm glad gas prices are going down, at least in my area, but it's still ridiculous. 4.10 per gallon is a robbery.

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  50. great article, I'll follow you

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  51. Gas is already high enough ><

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  52. I'm glad I don't drive a car, and that I have plenty of gas stored up internally for a rainy day.

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  53. good post I wonder why gas prices will go up so high just because of Libya seeing as they barely provide any oil.

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  54. Oil prices are already insanely high, glad I currently don't have to pay for petrol due to lack of a car to be honest

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