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shub

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shub

Re: dwbower post# 3633

Friday, 07/28/2017 3:49:16 PM

Friday, July 28, 2017 3:49:16 PM

Post# of 6331
DW:
" but always find myself wondering, how in the world did it go the direction it just went. Perception? Who the heck knows on any given day what they will be? "

Basically, when i bought in, oil was $100/bbl and alarmists were crowing "peak oil". Diesel was really high.
Then the prospect of NG diesels that could burn that cheap fuel looked very appealing.
Wprt was bragging about it's new advanced technology with further developments on the way. The NG fueling infrastructure was being built out and so on.
Then came fracking and extensive international oil discoveries and our big price advantage diminished greatly....and so on...downhill from there.
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