Why is oil rising to $100 per barrel bad for investors?

[Coito ergo sum]

I've noticed a lot of articles like this: http://www.reuters.com/article/2011/02/ ... 2R20110223



It's the same kind of tone and image portrayed when the stock market crashes. But, for anyone who invested in oil, the sharp rise is happy time indeed. They made boatloads. The only investors who are crying are the folks who engaged in short-sale transactions, betting that the stock would go down. Does anyone feel sorry for those pessimistic sons-of-bitches? Nobody likes a pessimist gambler....

The people that are fucked are not the fucking investors. It's the fucking people who have to fill up their tanks every week. We're fucked. So why the fuck do they keep pretending like this is some sort of stock market crisis?

[Clinton Huxley]

Used to be £50 to fill my car, now it's £70. Oil ain't ever coming back down in price. Maybe this will be the spur for someone to come up with battery tech that isn't crap.

[Atheist-Lite]

Margins dropping all along the food chain and the world economy is already a half starved beast since 2008....this might kill it stone dead. I've got some books on wild food foraging but the rest of you will just have to starve as predicted by the invisible hand of the non-existant market?

[Clinton Huxley]

I've got a few tins of baked beans in the larder, I'll last a few days.

[Atheist-Lite]

I've got a few tins of baked beans in the larder, I'll last a few days.

Don't tell anyone or everyone will want some. And hide your larder cos' a variety of dubious folk will be interested in catching out the 'food hoarders' in the aftermath of anything really bad happening.

[Clinton Huxley]

The trickiest thing will be making sure I'm not caught out by a tomato sauce stain on me weskit.

[Coito ergo sum]

Used to be £50 to fill my car, now it's £70. Oil ain't ever coming back down in price. Maybe this will be the spur for someone to come up with battery tech that isn't crap.

The batteries are already doable. It's the capacitors that suck.

[Coito ergo sum]

Used to be £50 to fill my car, now it's £70. Oil ain't ever coming back down in price. Maybe this will be the spur for someone to come up with battery tech that isn't crap.

...but it doesn't matter, because as soon as enough folks are driving around on top of giant cell phone batteries, there will be a correllation found between driving electric cars and some form of cancer....

[Atheist-Lite]

The trickiest thing will be making sure I'm not caught out by a tomato sauce stain on me weskit.

With so much looting, fighting and shooting your tomato sauce will be ignored whilst excessive wind may give the game away....

[Coito ergo sum]

I've got a few tins of baked beans in the larder, I'll last a few days.

But, those around you won't last much past the first can....

[Coito ergo sum]

I've got a few tins of baked beans in the larder, I'll last a few days.

Don't tell anyone or everyone will want some. And hide your larder cos' a variety of dubious folk will be interested in catching out the 'food hoarders' in the aftermath of anything really bad happening.

That is the trick, ay. As soon as there is a crisis, "being prepared" is going to be considered hoarding. They'll kill you and take your stuff.

[Clinton Huxley]

Used to be £50 to fill my car, now it's £70. Oil ain't ever coming back down in price. Maybe this will be the spur for someone to come up with battery tech that isn't crap.

...but it doesn't matter, because as soon as enough folks are driving around on top of giant cell phone batteries, there will be a correllation found between driving electric cars and some form of cancer....

Some hack at the Daily Mail is, without doubt, already working on such an article

[Atheist-Lite]

I've got a few tins of baked beans in the larder, I'll last a few days.

Don't tell anyone or everyone will want some. And hide your larder cos' a variety of dubious folk will be interested in catching out the 'food hoarders' in the aftermath of anything really bad happening.

That is the trick, ay. As soon as there is a crisis, "being prepared" is going to be considered hoarding. They'll kill you and take your stuff.

That's why they tell you to be prepared.

[Coito ergo sum]

I've got a few tins of baked beans in the larder, I'll last a few days.

Don't tell anyone or everyone will want some. And hide your larder cos' a variety of dubious folk will be interested in catching out the 'food hoarders' in the aftermath of anything really bad happening.

That is the trick, ay. As soon as there is a crisis, "being prepared" is going to be considered hoarding. They'll kill you and take your stuff.

That's why they tell you to be prepared.

The best way to be prepared is to be heavily armed.

[Warren Dew]

High oil prices are bad for the economy in the short to medium term - higher prices, less consumption, less profit, less production, less employment - so it's bad for all investors except for the few that invested in oil.

For example, oil is a raw material for tires, so Goodyear is down 2% today because they fact higher costs. Exxon is up 2% because higher oil prices mean their reserves are worth more.