Should Blue Jays sign Cespedes to replace Bautista?

[aselvana]

Harper expending all of his efforts on developing the tar sands, oil pipelines, etc at the expense of supporting research and innovation and Canada's manufacturing is why we are in this mess.

 

ur dumn.

 

Economy in western canada is doing so well. so much oil money, clearly HARPER was best PM ever.

everybody is happy in alberta, i hear they keep painting their rooms red thou. silly westerners

[Praxis]

Harper expending all of his efforts on developing the tar sands, oil pipelines, etc at the expense of supporting research and innovation and Canada's manufacturing is why we are in this mess.

 

I think Obama killing the Keystone pipeline deal might have something to do with it as well, not to mention the recent spate of Buy American legislation, the Windsor-Detroit Bridge issue and the Foreign Account Tax Compliance Act.

 

Just saying.

[puphood]

Production will fall off a cliff on shale wells at this level.. plus there's a risk of supply disruptions in the Middle East. Any sign of this could cause prices to surge..

Oil hit 26 the other day and lots of predictions of $20/barrel going round. US surplus is bigger than they thought and they are exporting for the first time in 40 years. So oil is staying put for another year were the US wants it as its economy rolls along with cheap oil to help it out.........oh get used to the cheap Looney

[jaysfan2014]

Oil hit 26 the other day and lots of predictions of $20/barrel going round. US surplus is bigger than they thought and they are exporting for the first time in 40 years. So oil is staying put for another year were the US wants it as its economy rolls along with cheap oil to help it out.........oh get used to the cheap Looney

 

With all the talk of more stimulus and QE worldwide, $20 isn't happening. And because of low prices, shale bankruptcies will be coming very soon as the banks start cutting off debt-laden shale oil producers. Once supply drops off, prices will soar. And FYI, exporting oil will actually send prices surging when supply/demand becomes more balanced.

 

And the dollar's already back over 70 cents since a few days ago..

[Devo1980]

Oil companies worldwide have delayed or cut capital expenditures by 300 billion dollars. This will absolutely have an effect on future supply being tighter. They say the best cure for cheap oil prices is cheap oil prices. Expect oil to go up, and probably by alot in the next few years.

[jaysfan2014]

Oil companies worldwide have delayed or cut capital expenditures by 300 billion dollars. This will absolutely have an effect on future supply being tighter. They say the best cure for cheap oil prices is cheap oil prices. Expect oil to go up, and probably by alot in the next few years.

 

Which equals a 90 cent to parity dollar within a year or two. This is exactly what I've been saying.. no production is viable at $30/barrel. Plus, the US dollar is likely to fall significantly as well.. especially if oil countries start wanting their own currencies instead of US dollars for oil--some countries are already wanting Yuan for oil instead of dollars for oil being sold to China..

[Gorlak]

Which equals a 90 cent to parity dollar within a year or two. This is exactly what I've been saying.. no production is viable at $30/barrel. Plus, the US dollar is likely to fall significantly as well.. especially if oil countries start wanting their own currencies instead of US dollars for oil--some countries are already wanting Yuan for oil instead of dollars for oil being sold to China..

 

The strength of the U.S. dollar is one of the main reasons commodities are trading so low and that won't change until the rest of the world starts growing. The Yuan is going to continue to be devalued and China has massive capital outflow problems (They have tightened capital controls already this year), The momentum for considering the Yuan as an alternative reserve currency has waned. For Canada to get back to a 90 cent dollar we would need to have $80+ oil and at least 2% GDP growth with a rosy forecast, although I think that would only get the loonie to 85 cents. Oil and the loonie will rebound, but it will likely take years for this to play out.

[Gorlak]

With all the talk of more stimulus and QE worldwide, $20 isn't happening. And because of low prices, shale bankruptcies will be coming very soon as the banks start cutting off debt-laden shale oil producers. Once supply drops off, prices will soar. And FYI, exporting oil will actually send prices surging when supply/demand becomes more balanced.

 

And the dollar's already back over 70 cents since a few days ago..

 

The rest of the world using stimulus to create growth would imply low growth expectations and central bank policy divergence would strengthen the U.S. dollar, both will lower the price of oil, Although some of that is already priced in.

[Jonn]

This is China's fault. f*** you China.

[jaysfan2014]

Going back to baseball--he's likely heading back to the Mets or the Nats anyway. Nobody else seems interested.

[o2cui2i]

The rest of the world using stimulus to create growth would imply low growth expectations and central bank policy divergence would strengthen the U.S. dollar, both will lower the price of oil, Although some of that is already priced in.

 

Americans should be trying to pay off some of the trillion dollars they owe the Chinese while the Yen is worthless. would save them billions of dollars long term.

[o2cui2i]

Which equals a 90 cent to parity dollar within a year or two. This is exactly what I've been saying.. no production is viable at $30/barrel. Plus, the US dollar is likely to fall significantly as well.. especially if oil countries start wanting their own currencies instead of US dollars for oil--some countries are already wanting Yuan for oil instead of dollars for oil being sold to China..

 

In the United Kingdom, it costs $52.50 to produce a barrel of oil -- which is trading right now around $42.

 

Oil production in Brazil costs nearly $49 per barrel. Production costs around $41 a barrel in Canada.

 

In the United States, production costs are $36 a barrel -- still below the trading price.

 

Saudia Arabia and Kuwait can pump a barrel of oil for less than $10, on average. Iraq can produce oil for about $10.70 per barrel.

 

Iran is going to be producing for less than $12.

 

the middle east is crushing all of it's competition. once they bankrupt enough of them they will decrease production and oil will go up fast.

[jaysfan2014]

Americans should be trying to pay off some of the trillion dollars they owe the Chinese while the Yen is worthless. would save them billions of dollars long term.

 

Especially considering the Chinese (and possibly the Saudis) are selling US treasuries to try to defend their currencies. Sooner or later, investors will demand higher rates on US debt, which will lead to a plunge in the US dollar.

[jaysfan2014]

In the United Kingdom, it costs $52.50 to produce a barrel of oil -- which is trading right now around $42.

 

Oil production in Brazil costs nearly $49 per barrel. Production costs around $41 a barrel in Canada.

 

In the United States, production costs are $36 a barrel -- still below the trading price.

 

Saudia Arabia and Kuwait can pump a barrel of oil for less than $10, on average. Iraq can produce oil for about $10.70 per barrel.

 

Iran is going to be producing for less than $12.

 

the middle east is crushing all of it's competition. once they bankrupt enough of them they will decrease production and oil will go up fast.

 

You left out Venezuela, Russia and Libya. And talk is that they want production cuts NOW and significantly higher prices than currently.

[o2cui2i]

You left out Venezuela, Russia and Libya. And talk is that they want production cuts NOW and significantly higher prices than currently.

 

they are strangling the competition. It would be interesting to see who is buying up the debt on fracking companies. Fracking is what made the USA less reliant on middle east oil.

 

The Chinese economy is going to go tits up and soon. They have inflated the numbers for a couple decades and the entire system is corrupt, so it was something everyone knew was coming. When they fall they will have to call in the debts from the USA.

 

the other thing that could sink the US dollar is the buying currency for oil. It has been US dollars for 50+ years. OPEC wants every country to be able to buy with their own currency. That would mean that the only country in the world that would need US $ would be USA and they currency would be worthless over night.

[Jimcanuck]

they are strangling the competition. It would be interesting to see who is buying up the debt on fracking companies. Fracking is what made the USA less reliant on middle east oil.

 

The Chinese economy is going to go tits up and soon. They have inflated the numbers for a couple decades and the entire system is corrupt, so it was something everyone knew was coming. When they fall they will have to call in the debts from the USA.

 

the other thing that could sink the US dollar is the buying currency for oil. It has been US dollars for 50+ years. OPEC wants every country to be able to buy with their own currency. That would mean that the only country in the world that would need US $ would be USA and they currency would be worthless over night.

 

1st para OK. Next two way out there, man.

[o2cui2i]

1st para OK. Next two way out there, man.

 

do some research, It's not as out there as you might think.

[Dick_Pole]

Which equals a 90 cent to parity dollar within a year or two. This is exactly what I've been saying.. no production is viable at $30/barrel. Plus, the US dollar is likely to fall significantly as well.. especially if oil countries start wanting their own currencies instead of US dollars for oil--some countries are already wanting Yuan for oil instead of dollars for oil being sold to China..

 

Glad to see your unwavering optimism in the Jays and irrational doom and gloom scenarios for the other 4 AL East teams is applied to other areas of life as well...

[jaysfan2014]

Glad to see your unwavering optimism in the Jays and irrational doom and gloom scenarios for the other 4 AL East teams is applied to other areas of life as well...

 

Zip it. You realize that oil companies are cutting back exploration and production budgets, right? That will lead to a huge dropoff in production.. it's been said that the US is already having to import more Canadian oil because their shale production is falling like a rock..

[BillBucknorslegs]

All of this because Saudi Arabia wants to punish the West for supporting Iran and ISIS.

 

What pisses me off though is that food prices went up because of high oil prices we were told and now despite the oil prices collapsing they will still go up because of the weak loonie? f*** that, we're getting screwed every which way. Pretty soon a loaf of bread is going to require a small bank loan.

[RealAccountant]

All of this because Saudi Arabia wants to punish the West for supporting Iran and ISIS.

 

What pisses me off though is that food prices went up because of high oil prices we were told and now despite the oil prices collapsing they will still go up because of the weak loonie? f*** that, we're getting screwed every which way. Pretty soon a loaf of bread is going to require a small bank loan.

 

Most companies will see any drastic change in the economy as a reason to increase prices. It's smart business