1 posted on
04/22/2015 2:17:16 PM PDT by
Opintel
To: Opintel
Went up $0.30/gal practically overnight near Nashville.
2 posted on
04/22/2015 2:18:42 PM PDT by
Blood of Tyrants
(True followers of Christ emulate Christ. True followers of Mohammed emulate Mohammed.)
To: Opintel
I hope he’s right but weren’t the big shots saying 100-150 oil was here to stay before it crashed?
3 posted on
04/22/2015 2:19:15 PM PDT by
dp0622
To: Opintel
I bought a drilling company from Exxon when they announced oil would not exceed $10 until 2020 and that domestic production of oil in West Texas/New Mexico was dead. That was 1998.
I did more than OK.
4 posted on
04/22/2015 2:21:13 PM PDT by
TheThirdRuffian
(RINOS like Romney, McCain, Christie are sure losers. No more!)
To: Opintel
Depends on your perspective. As a mere rube, I think they are mighty finely recovered now.
7 posted on
04/22/2015 2:26:39 PM PDT by
riri
(Obama's Amerika--Not a fun place.)
To: Opintel
The big thing nobody asked in all this is the US$400 billion New Silk Road deal between China and Russia. That right there means within ten years, China will be importing natural gas and eventually oil directly from eastern Siberia, and that will be REALLY bad news for OPEC because they will just about lose one of their biggest customers.
8 posted on
04/22/2015 2:29:54 PM PDT by
RayChuang88
(FairTax: America's economic cure)
To: Opintel
In today’s news, the ex BP head is say oil will be in a bull market sooner than you think.
Is the price of oil going to go up? Or down? YES.
9 posted on
04/22/2015 2:37:05 PM PDT by
umgud
(I couldn't understand why the ball kept getting bigger......... then it hit me.)
To: Opintel
I guess it all depends on one’s respective time frame. Easy to predict a price without a time frame.
T. Boone Pickens says 70 dollar oil by December 2015.
11 posted on
04/22/2015 2:45:55 PM PDT by
MichaelCorleone
(Jesus Christ is not a religion. He's the Truth.)
To: Opintel
Here in SW Pennsylvania the gas prices went up 10-20 cents a gallon in the last few days.
12 posted on
04/22/2015 2:52:14 PM PDT by
4yearlurker
(Fifteen two,fifteen four and a pair is six.)
To: Opintel
Having been in and out of the oil industry for nearly four decades, I have come to one constant truth..EXPERTS DON’T KNOW SPIT!...
13 posted on
04/22/2015 2:52:38 PM PDT by
BerniesFriend
(Sarah Palin-"Lord knows she's attractive" says bitter Andrea Mitchell and the rest of the MSM)
To: Opintel
KSA is pumping hard.
KSA is at war with Iran.
How long does that go on?
14 posted on
04/22/2015 4:33:29 PM PDT by
RockyTx
To: Opintel
True. Oil will stay down long enough to permanently bankrupt a large portion of the producers.
15 posted on
04/22/2015 4:45:50 PM PDT by
familyop
(We Baby Boomers are croaking in an avalanche of corruption smelled around the planet.)
To: Opintel
If I wanted to buy up cash-poor competitors for a song, I might say something similar.
To: Opintel
Rex has $200billion in his war chest and is on the prowl for an acquisition. There is probably only one that can be bought that fits the bill of what he is looking for.
He wants that oil price to stay down for just a bit longer or at least until he is no longer on the prowl.
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