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  1. Thread: OIL..

    by WhatsUpDoc1958
    Replies
    1,759
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    2,762,187

    The article suggested that oil prices may bottom...

    The article suggested that oil prices may bottom in May.

    But all of this depends on when and if Trump re-opens the economy. It may be too soon to re-open the economy in 2-4 weeks, but perhaps by...
  2. Thread: OIL..

    by WhatsUpDoc1958
    Replies
    1,759
    Views
    2,762,187

    Donít Believe The Oil Bulls

    It sounds like I/we should wait 2 to 3 weeks longer before investing in oil companies, waiting for the oil price to fully crash first.

    On the flip side, sentiment is rapidly shifting to balancing...
  3. Thread: OIL..

    by WhatsUpDoc1958
    Replies
    1,759
    Views
    2,762,187

    I believe the issue is that diesel is made from...

    I believe the issue is that diesel is made from heavier crude which is in shorter supply with sanctions on Venezuela, and U.S. producers / refiners have to source it elsewhere.

    Gasoline can be...
  4. Thread: OIL..

    by WhatsUpDoc1958
    Replies
    1,759
    Views
    2,762,187

    Today is a good day to buy. I'm thinking USO....

    Today is a good day to buy.

    I'm thinking USO.

    Risks: Global recession may decrease demand.
    Trade war with China may spark global recession.
    This may lead to lower oil prices.

    Pro:
    OPEC...
  5. Thread: OIL..

    by WhatsUpDoc1958
    Replies
    1,759
    Views
    2,762,187

    WTI Light Sweet Crude Oil Futures,F (CL=F)...

    WTI

    Light Sweet Crude Oil Futures,F (CL=F)
    44.33+1.80 (+4.23%)

    Was: $42.63 at 12:15 am, December 26, 2018
    Still a glut... Could go lower...

    United States Oil (USO)
  6. Thread: OIL..

    by WhatsUpDoc1958
    Replies
    1,759
    Views
    2,762,187

    Did oil bottom on December 24th?

    Did oil bottom on December 24th?
  7. Thread: OIL..

    by WhatsUpDoc1958
    Replies
    1,759
    Views
    2,762,187

    Gas prices spike as fuel shortages hit Southeast

    Shortages in Georgia, and spotty shortages in North Carolina.

    Gas prices spike as fuel shortages hit Southeast
    CNNMoney‎ - 20 hours ago



    A leak earlier this month in Alabama forced the...
  8. Thread: OIL..

    by WhatsUpDoc1958
    Replies
    1,759
    Views
    2,762,187

    Oil slides on glut worry, on track for biggest weekly drop since Jan

    Oil slides on glut worry, on track for biggest weekly drop since Jan
    Reuters / Yahoo! Finance
    By Barani Krishnan
    September 1, 2016



    Oil prices fell more than 3 percent on Thursday, heading...
  9. Thread: OIL..

    by WhatsUpDoc1958
    Replies
    1,759
    Views
    2,762,187

    12 cents higher earns a shout, but 12 cents lower...

    12 cents higher earns a shout, but 12 cents lower earns a whisper?
  10. Thread: OIL..

    by WhatsUpDoc1958
    Replies
    1,759
    Views
    2,762,187

    Oil below $33 on Saudi comments, report of U.S. inventory rise

    Oil below $33 on Saudi comments, report of U.S. inventory rise
    Reuters
    By Alex Lawler
    Wed, Feb 24, 2016
  11. Thread: OIL..

    by WhatsUpDoc1958
    Replies
    1,759
    Views
    2,762,187

    High risk of bankruptcy for one-third of oil firms: Deloitte

    High risk of bankruptcy for one-third of oil firms: Deloitte
    Tuesday, February 16, 2016
    HOUSTON | BY ERNEST SCHEYDER
    Reuters
  12. Thread: OIL..

    by WhatsUpDoc1958
    Replies
    1,759
    Views
    2,762,187

    Oil falls on U.S. supply record, weak demand outlook

    Oil falls on U.S. supply record, weak demand outlook
    Thursday, February 11, 2016
    Reuters
  13. Thread: OIL..

    by WhatsUpDoc1958
    Replies
    1,759
    Views
    2,762,187

    99 Cent Gas May Be on Its Way

    I just got gas earlier this week, and it was about $1.80 per gallon.

    The glut and oversupply is still in play.

    99 Cent Gas May Be on Its Way
    By Douglas A. McIntyre
    February 9, 2016
  14. Thread: OIL..

    by WhatsUpDoc1958
    Replies
    1,759
    Views
    2,762,187

    IEA sees global oil glut worsening, OPEC deal unlikely

    IEA sees global oil glut worsening, OPEC deal unlikely
    Tue Feb 9, 2016 4:51am EST
    Reuters
  15. Thread: OIL..

    by WhatsUpDoc1958
    Replies
    1,759
    Views
    2,762,187

    Goldman Sees Risk of Oil Below $20

    Goldman Sees Risk of Oil Below $20
    Grant Smith Jonathan Ferro
    February 9, 2016
    Bloomberg Business
  16. Thread: OIL..

    by WhatsUpDoc1958
    Replies
    1,759
    Views
    2,762,187

    Oil prices are being driven down by debt

    It's the old "Drill, baby, drill" to make your loan payments.

    Drillers will drill, drill, drill until the bankers take away the drilling equipment (sung to the tune of Fun, Fun, Fun by the...
  17. Thread: OIL..

    by WhatsUpDoc1958
    Replies
    1,759
    Views
    2,762,187

    Don't quote me, but I am hearing one month when...

    Don't quote me, but I am hearing one month when the storage tanks overflow. Maybe within 6 months.
  18. Thread: OIL..

    by WhatsUpDoc1958
    Replies
    1,759
    Views
    2,762,187

    You are correct. The President doesn't get every...

    You are correct. The President doesn't get every tax increase he wants. And the President has about 0% chance of getting the $10 per barrel oil tax passed.

    The President just gets most of the...
  19. Thread: OIL..

    by WhatsUpDoc1958
    Replies
    1,759
    Views
    2,762,187

    Despite Bold Predictions, T. Boone Pickens Sells All Oil Holdings

    Despite Bold Predictions, T. Boone Pickens Sells All Oil Holdings
    Oilprice.com By ZeroHedge / Yahoo! Finance
    23 hours ago
  20. Thread: OIL..

    by WhatsUpDoc1958
    Replies
    1,759
    Views
    2,762,187

    The President, if he doesn't get the budget he...

    The President, if he doesn't get the budget he wants, threatens to veto the budget, threatening a government shutdown.

    The Congress gets blamed for all government shutdowns.

    Therefore, the...
  21. Thread: OIL..

    by WhatsUpDoc1958
    Replies
    1,759
    Views
    2,762,187

    We return you to our regularly scheduled oil glut.

    We return you to our regularly scheduled oil glut.
  22. Thread: OIL..

    by WhatsUpDoc1958
    Replies
    1,759
    Views
    2,762,187

    Oil storage at capacity: Goldman's Currie

    Oil storage at capacity: Goldman's Currie
    CNBC By Denise Garcia
    Mon, Jan 25, 2016
  23. Thread: OIL..

    by WhatsUpDoc1958
    Replies
    1,759
    Views
    2,762,187

    Sucker's rally?

    Crude Oil 31.35 +6.16%
  24. Thread: OIL..

    by WhatsUpDoc1958
    Replies
    1,759
    Views
    2,762,187

    Wipe Out in Oil

    https://www.youtube.com/watch?v=XjiOtouyBOg
  25. Thread: OIL..

    by WhatsUpDoc1958
    Replies
    1,759
    Views
    2,762,187

    Crude Oil 26.93 -5.38% Source: Yahoo! Finance...

    Crude Oil 26.93 -5.38%

    Source: Yahoo! Finance
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