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Re: ~ Blue ~ post# 1791

Thursday, 02/18/2016 12:41:06 AM

Thursday, February 18, 2016 12:41:06 AM

Post# of 4033
So Wednesday they finally decided to make it (cap oil roduction) more thinking about it according to CNBC... Been feeling its like Enron controlling NG but somehow can't decide if it was just the opening of the new pipeline last Summer from Midland to Houston along with Eagleford to Corpus Christi and Houston about the same time that just flooded the refineries with oil as the only problem to pricing as for year and a half Cramer (Mad Money - CNBC) kept saying oil would drop with over supply but it stayed above 100/bbl then he finally gave up and started saying okay to oil stocks (lasted a few months then oil started crashing - but only seemed to be tied to UK and NATO trying to control/punish Russia for Ukraine then the pipelines hit and it was the end of that). Enron controlled NG hmmm not okay for corporation but for governments UK et al oh, then its okay for oil because they deny West ... Really looks more like they do what they want... Then it looked as if they cried calf-rope and wanted higher prices then Saudi started acting like Bin Laden and savored the thought of destroying the economy of the US like in 73 embargo but this time with price crash to "maintain market share" what nonsense. Is an Enron deal from governments... so I claim it appears (negative price).

Peak oil was hit years ago from vertical drilling... Now its opened up like its endless... ERRR Nope! we'll soon wish we had controlled production of horizontal wells as then peak is more than real (there is not going to be refilling of vertical cavities so easily since horizontals taps into one direction of nearby zones that would have kept providing slowly to the vert.) I think we'll soon be way short of oil as horizontals start declining in Saudi (OPEC) zones... So will Saudi invade Iraq to keep their oil market share? lol

Owning shares or partnership units is not an endorsement of management to break the Sabbaths or to do any other unGodliness. I do not share in their sin or guilt and they mislead others on their own accord. I have no major stakes to influence any company.

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