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THE 2017 po.com Oil Price Challenge

Discussions about the economic and financial ramifications of PEAK OIL

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Re: THE 2017 po.com Oil Price Challenge

Unread postby Revi » Wed 29 Mar 2017, 11:42:40

I like the poem! We'll see...
Deep in the mud and slime of things, even there, something sings.
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Re: THE 2017 po.com Oil Price Challenge

Unread postby onlooker » Fri 31 Mar 2017, 17:33:47

So Oil back up to $50, a bit of a rollercoaster ride occurring recently.So will the price go up or down next week? I say down
“"If you think the economy is more important than the environment, try holding your breath while counting your money"”
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Re: THE 2017 po.com Oil Price Challenge

Unread postby PeakOiler » Sat 01 Apr 2017, 14:10:21

My 88 year old father was rushed to the hospital a couple days ago for a perforated ulcer and I've been away from my home computer. I'll post an update next week.

There were only minor changes in the standings since the price stayed within the range given since the last scorecard.

My father is recovering from the surgery and is improving.
There’s a strange irony related to this subject [oil and gas extraction] that the better you do the job at exploiting this oil and gas, the sooner it is gone.

--Colin Campbell
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Re: THE 2017 po.com Oil Price Challenge

Unread postby Cog » Sat 01 Apr 2017, 14:28:13

Your father will be in my thoughts and prayers.
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Re: THE 2017 po.com Oil Price Challenge

Unread postby vtsnowedin » Sat 01 Apr 2017, 20:33:56

Cog wrote:Your father will be in my thoughts and prayers.

Plus 1.
Leave this aside as needed. Someone of us will fill in or we will just wait for the end of the year. Family trumps all other projects.
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Re: THE 2017 po.com Oil Price Challenge

Unread postby PeakOiler » Fri 07 Apr 2017, 20:02:52

Here's the scorecard as of April 4th:

Image

My Dad's out of the hospital and will be at a rehab center for awhile before he can go home.
There’s a strange irony related to this subject [oil and gas extraction] that the better you do the job at exploiting this oil and gas, the sooner it is gone.

--Colin Campbell
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Re: THE 2017 po.com Oil Price Challenge

Unread postby PeakOiler » Sun 30 Apr 2017, 17:55:50

Here's the scorecard as of April 25th:

Image

I'm ready to see some movement in the price. What do you think it will take to do that?

Dad is getting better. Should be able to go home next week.
There’s a strange irony related to this subject [oil and gas extraction] that the better you do the job at exploiting this oil and gas, the sooner it is gone.

--Colin Campbell
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Re: THE 2017 po.com Oil Price Challenge

Unread postby Revi » Mon 01 May 2017, 07:29:38

I am in the top 5! I have to savor this moment, because it may not last long!

I don't think I've ever been in the top 5.
Deep in the mud and slime of things, even there, something sings.
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Re: THE 2017 po.com Oil Price Challenge

Unread postby Cog » Mon 01 May 2017, 08:21:50

Price stability for the win!
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Re: THE 2017 po.com Oil Price Challenge

Unread postby PeakOiler » Fri 05 May 2017, 06:27:36

It looks like Kublikhan may take the #1 spot with a new low price for the year and if the price stays below $48 for the close this next Monday. I'll post a new scorecard next week.
There’s a strange irony related to this subject [oil and gas extraction] that the better you do the job at exploiting this oil and gas, the sooner it is gone.

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Re: THE 2017 po.com Oil Price Challenge

Unread postby Cog » Fri 05 May 2017, 07:18:05

Damn oil glut. Opec needs another cut in production.
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Re: THE 2017 po.com Oil Price Challenge

Unread postby Tanada » Fri 05 May 2017, 13:19:03

Cog wrote:Damn oil glut. Opec needs another cut in production.


The frackers in the Permian are all for that plan!
I should be able to change a diaper, plan an invasion, butcher a hog, design a building, write, balance accounts, build a wall, comfort the dying, take orders, give orders, cooperate, act alone, solve equations, pitch manure, program a computer, cook, fight efficiently, die gallantly. Specialization is for insects.
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Re: THE 2017 po.com Oil Price Challenge

Unread postby PeakOiler » Wed 10 May 2017, 16:28:40

As expected, a new low price for the year was reported for May 4th and we have a new leader:

Image

Nice run at the #1 spot, Cog.
There’s a strange irony related to this subject [oil and gas extraction] that the better you do the job at exploiting this oil and gas, the sooner it is gone.

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Re: THE 2017 po.com Oil Price Challenge

Unread postby Observerbrb » Wed 10 May 2017, 17:08:54

Congrats to kublikhan for this first place; I hope you and your father are doing great PeakOiler :) .
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Re: THE 2017 po.com Oil Price Challenge

Unread postby SteinarN » Sat 20 May 2017, 15:42:58

Damn, this is going in the wrong direction. We need som major international crisis here.
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Re: THE 2017 po.com Oil Price Challenge

Unread postby Cog » Sat 20 May 2017, 20:34:01

The heavy mantle of leadership has been passed to kublikhan. May he wear it until December 30th, when a sudden change of fortune returns it to it rightful owner.
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Re: THE 2017 po.com Oil Price Challenge

Unread postby kublikhan » Sat 20 May 2017, 22:04:42

It's all good as long as one of the Illinois boys wears the crown Cog :)
The oil barrel is half-full.
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Re: THE 2017 po.com Oil Price Challenge

Unread postby Observerbrb » Wed 21 Jun 2017, 08:31:19

I think we might hit a new low (don't know if it was hit last week already) this friday, don't you think?
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Re: THE 2017 po.com Oil Price Challenge

Unread postby Cog » Wed 21 Jun 2017, 11:11:21

I believe we did hit a new low. Around $43 something I think.
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Re: THE 2017 po.com Oil Price Challenge

Unread postby PeakOiler » Sat 24 Jun 2017, 12:53:06

A new low for the year was reported Wednesday. Here's the new scorecard showing Observerbrb taking the #1 spot:

Image

I think another new low will be reported next week too.
There’s a strange irony related to this subject [oil and gas extraction] that the better you do the job at exploiting this oil and gas, the sooner it is gone.

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