Replies to post #12393 on Viewer's Choice

[littlejohn]

VTLE made more net for shareholders in 1st

quarter, 2023 than a year ago...

VTLE will repeat that in 2nd quarter...

Market is just framing tech higher to

off load high priced shares on peons...

R59 posted the lopsided performance

in S&P 500 companies last night...

Joe took a small fall and also bumped

his head on Friday...

Hopefully he will sign bill on Saturday...

Oil companies are doing well by historical

norm comparison in this range bound

oil price that for some reason the spin

is that folks are fretting over it...

Oil price is good as has some upside

potential...Nat gas also now...


So we watch...LJ

[littlejohn]

This market is Crooked...DJU Index should

have led leaderboard until Thursday

when debt crisis was resolved...

Utility sector pays good dividend that

is safer than chasing iffy U.S. bonds

when debt crisis lingered...

Utility sector has benefitted from the

lower energy costs in 2023 so far...

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172043823

But the DJU Index is on bottom

for 2023 performance...

This market is unsafe to play the over

priced winners to date in 2023...

Peon thesis, of course...

History and rationale investing haven't

mattered yet in 2023...

So we watch...LJ

[littlejohn]

REI, article link shows why 15 oil rigs

dropped out last week alone

across oil sector...

REI is the highest percentage oil

producer that I follow, by decent amount...

https://seekingalpha.com/article/4609171-ring-energy-rei-receiving-low-realized-prices-for-non-oil-production?utm_source=stck.pro&utm_medium=referral

Per BOE cost structure of say roughly

$4 million to drill a moderately, deep oil

well is a cost for hitting oil...

Vertical wells may be far less

than half that cost...

Liquids production is a byproduct of

the oil well drilled...

A natural gas well drilled may cost

up to $50,000 as a comparison on

BOE cost structures across sector...

Oil and gas companies hedge ahead

because forward pricing can and often

yields higher payout on production...


So we watch...LJ

[littlejohn]

Maritime animal lovers are dragging their feet

on the growing threat from Russia

shipping oil in out of date vessels...

One oil spill may not kill just a few

whales or other creatures...

https://www.marineinsight.com/shipping-news/aging-shadow-fleet-loaded-with-russian-oil-poses-risk/

June 1st update on ships detained

at only one port...

https://www.marineinsight.com/shipping-news/singapores-seizure-of-oil-tankers-reaches-unprecedented-levels-amidst-expanding-shadow-fleet/

putin genocide campaign could get

extended to distant ocean locations

with a tanker oil spill disaster...

Odd that none of the quote 'environmental

protection groups' unquote are on the

prowl to halt the dangerous activity...

Must not be any money in it...

It seems a serious threat...

Would anyone want their next

fav alcoholic beverage transported

in a vessel that might spring a leak?...

So we watch...LJ

[littlejohn]

Opec+ was played by Joe the Puppet Master

and Leader of the Democratic

War Party...

A lovely spin of price cap pushed

record amounts of cheap Russian

oil into India and China...

Russia took over as #1 supplier of

oil to India as they passed Saudi Arabia...

Other Opec countries watched as the

oil price was dropped by the huge

exports of Russian oil and market share

dropped for those watching...

Joe the puppet master pulled their strings

to watch as they saw cheap Russian

oil flowing and getting more approval

for a war to be extended...

Democratic War Party has one economic

plan to help economy and it needs a

War somewhere...


Saudi Arabia may have caught on and

want to get more money for the lower

amount of oil they now sell...

Joe may have some dirty words to

explain to folks what is going on...

Opec+ was played and is now playing

a game to try and catch up...


So we watch...LJ