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Nov 27, 2014
5:05
:09
pm
Coug76
Not Exactly
Saudi govt (Prince) will not be able to fund
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Coug76
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Coug76
Joined
Aug 6, 2002
Last login
May 12, 2024
Total posts
4,240 (9 FO)
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Messages
Author
Time
OPEC decision could be a major gamechanger in a number of areas. Not saying I
My Soapbox
11/27/14 1:49pm
Forgot US producers some of whom are leveraged significantly and could get
My Soapbox
11/27/14 2:10pm
Not just producers, all of the support companies too...
Tokolosh
11/27/14 2:17pm
Agree, the velocity of this move caught a lot of people flat footed and very few
My Soapbox
11/27/14 2:22pm
believe it or not, this is a fairly well established cycle; oil shocks and gluts
BYUtiful
11/27/14 2:29pm
Oil hit $45/bbl less than 6 years ago
Hinta
11/27/14 2:47pm
I picked it up shortly after your post. The prologue and chapter 1 were...
Tokolosh
11/27/14 5:56pm
Sorry, when I left Tokolosh and I were the only ones at the party. I don't think
My Soapbox
11/27/14 8:07pm
One of my company's major verticles is the oil and gas industry
EEcougar
11/27/14 5:20pm
The Saudis have the cash to weather the storm, others do not.
mudpupper
11/27/14 2:39pm
Then the americans stop drilling as much due to lower prices. Prices rebound
Y'zFan
11/27/14 2:43pm
exactly
mudpupper
11/27/14 2:58pm
Yes, oil is cyclical
AxelDC
11/29/14 4:41pm
Not Exactly
Coug76
11/27/14 5:05pm
RE: Not Exactly
Coug76
11/27/14 5:13pm
Wait, I thought lower prices were an Obama conspiracy to win the election.
Japan Coug
11/27/14 5:06pm
<< Deleted >>
Abe Froman
11/27/14 5:57pm
Do you mean low prices?
Japan Coug
11/27/14 6:51pm
<< Deleted >>
Abe Froman
11/27/14 10:33pm
The oil market is huge and there are a number of factors at play. Anyone who
My Soapbox
11/27/14 8:19pm
Yes, but I've never met anyone who asserts the latter.
Japan Coug
11/27/14 9:24pm
You need to find new friends.
My Soapbox
11/27/14 9:38pm
The domino effect would be global. NYC/London apartment prices would
ClackamasCoug
11/27/14 6:35pm
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