Replies to post #4864 on ProShares Ultra Bloomberg Crude Oil 2X ETF (UCO)

[temp luvs amy]

The shale companies created an NG glut, too. NG is cheap, and I got into it before I took on much oil. Time to get some tanks and store it away for your grandchildren. I know, we think about trading it, not storing it. Who wants a backyard full of oil drums and volatile gas cylinders? Not me. So I drill paper, not shale.

They need the wet gas to make plastic. Plastic should be cheap, too. Maybe they have a futures market for that, but I don't know where. Easy to store plastic.

[luckydude777]

I'm 100% in agreement with your post. Never will we probably be able to buy 'earl this cheap for a long, long time ... if ever.

When the Trumpster says he wants higher 'earl, he's going to get higher 'earl.

Doubters? Two Senators a day ago is writing up a bill in congress to remove our troops from Saudia Arabia (which might include the removal of our Patriot defense armament we've loaned to SA).

MANY ways to get the Saudi's to comply with higher priced 'earl.