Transocean Ltd. (RIG)

[ogbull]

NEVER TRUST THE EIA!

THEY REPORT LIES AND UNVERIFIED DATA! NO ONE GOVERNS THE HONESTY OF AN EIA REPORT!

The Energy Information Administration (EIA) is the statistical and analytical agency within the U.S. Department of Energy. It disseminates its own independent energy information and not under the control of anyone in the world. It can easily be bought and paid for by any crooked bastard why enough money! NEVER trust an EIA Report!

"By law, EIA’s data, analyses, and forecasts are independent of approval by any other officer or employee of the United States Government, so the views expressed herein should not be construed as representing those of the Department of Energy or any other Federal agency." (ref below)

In other words, "by law" the EIA has no one to answer to for it's data reports. It's analyses, and forecasts are not approved or verified by any employee of the United States Government. By law, the opinions and data reported by the EIA cannot be double checked any Federal agency including the President of the United States! They can do and say as they damned well please! They answer to no one except the highest bidder!

The other day the EIA announced that oil imports were much higher and this caused the US oil and gas market to crash! This was more likely a damned lie so they could collect a fat payoff!

The EIA says the 2014 projected reductions in net imports primarily reflect a combination of more robust domestic petroleum production and the effects of the significant lowering in petroleum demand and its projected growth. They say the decline in crude oil prices since mid-2014 and resulting decline in drilling activity in tight oil plays and in crude oil production over the past year will continue into 2017. They also say that this has increased the forecasted share of net crude imports into the US over the next few years.

Do you believe it? Or is it a lie? Only God and the crooked bastards that payoff the EIA know for sure!

In other words, our US producers are being responsible and cutting their production due to low prices but this slow down by US producers is causing imports of crude to increase and this explains why US oil prices are falling regardless of what US producers do to help raise prices a little!

In other words, the oil war continues with OPEC and the Saudis regardless of what ANYONE says!

The EIA even says that domestic crude oil production will eventually reduce the net import share to less than 10% by 2040. In other words, we can expect to be overloaded with imports for the next 24 friggin years!

Or, they lying or telling the truth? Only GOD, the EIA, and the crooks that pay them off know the truth! NEVER EVER TRUST AN EIA REPORT AGAIN!

So there you go, the friggin EIA can report anything its wants to and now one can do a thing about it including the %^GH#@ President of the United States. How you like them apples?

Reference: https://www.eia.gov/pressroom/testimonies/howard_06222016.pdf or read any pdf file on this page: https://www.eia.gov/pressroom/testimony.cfm

You have my permission to copy and paste this information all over the Internet 10,000 times if you want to!