InvestorsHub Logo
Followers 92
Posts 3703
Boards Moderated 0
Alias Born 12/21/2017

Re: None

Wednesday, 10/11/2023 9:56:37 PM

Wednesday, October 11, 2023 9:56:37 PM

Post# of 52239
I think the price is at .37 because old timers like me remember the Arab Oil Embargo of 1973, and the Energy Crisis of 1979. In 73 OPEC was trying to punish us for supporting Israel’s efforts to not get blown off the map in the Yom Kippur War, and in 79, the Iranian Hostage Crisis disrupted supply again when we banned the sale of Iranian crude because they were holding Americans as prisoners for the crime of being Americans….our California governor sprung into action and created ODD EVEN days…lines were a mile long to fill up, and if your license plate had an even number as the last digit and it was an ODD day, Steve Martin from a movie called The Jerk, would not let you buy gas. It was a crappy time, and this current situation has a hostage situation combined with another war for Israel’s survival.

But I could be wrong. The time has seemed right for Delfin to go public for quite a while…but never has American energy seemed like such an attractive idea…we’re currently relatively stable as a nation, but that could change in a hurry too…

If you knew what I know about the types of people we’ve recently let in…you’d feel the same way.