Zion Oil & Gas Inc (ZNOG)

[Moses1492]

Oil Macro News: Who here thinks that Saudi Arabia and Russia aren't colluding together as planned to target US shale production? Don't gullibly buy the media "story" that they are competing against each other for European & Asian market share. Things just don't happen to make oil drop from $55 to $25 literally cutting off each's very own nose as both Saudi Arabian & Russian budgets are wholly oil price dependant. Saudi Arabia & Russia are very tight and the price game they are playing out now was likely coordinated well in advance - when they shorted the market (perhaps China in on it too w/coordinated deep state Corona release/scare). I would love to see the timing of "dark pool" funds that made short bets on the market in general and also oil recently.

Curiously during the last several months, Saudi Aramco had been steadily over-pumping and filling their reserves to full capacity (well in advance of this "dispute" with Russia). Hmmm

Currently Saudi Aramco is trying to increase production to 13 million max bpd capacity - this effort takes massive water injection to generate increased oil lift (and the oil/water ratio is in steady decline). IF you over pump especially with water injection, we all know what happens - you shorten the life span of the well and greatly reduce the wells total return. Worst case scenario is the well fractures from being over-pressurized and pressure is completely lost with no oil rising to the top (water escapes too easily out of the bottom or side fissures).

Could all this be related to ZN and His perfect timing & judgment?