Exploring Hydrocarbon Depletion
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SeaGypsy wrote:Wrong. There is a bottom on what the majors will sell for and it is not 'dangerously lower' than $80. The spigots will start shutting about when your prediction kicks in, that's already slated. I would be extremely surprised to see any significant dip below $75, certainly not sustained for any length of time. There will be a spike asap. The suppliers need return to their new $100+ normal asap. The rest of the economy will just have to live with that. The speculators will ensure that there isn't a steady drift. A new deal in Europe, however temporary, will buoy confidence enough to generate another wave....
SeaGypsy wrote:Yep, it's a record breaking bounce according to tonight (Mon Oz time) 10% in 3 business days. Obiwan & Pablo will still cloud my vision (pun unintended) , for the next week or 2 at least. BTW Peakoiler, what is our official low last week?
SeaGypsy wrote:Smileys are on 'post reply' not 'quick reply
Sorry my body clock is out of whack.
Well now we are all in for some fun.... YeeeeeeHahhhhh!
PeakOiler wrote:I'm thinking Obiwan may have been one of the aliases that a banned poster had, and that's why we don't read any more comments from Obiwan.
seenmostofit wrote:Interesting. So posters with the ability to lead the price boards for long periods of time are the ones we want to make darn sure we don't ever hear from again?
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