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Mid-Year ETP MAP Update

General discussions of the systemic, societal and civilisational effects of depletion.

Re: Mid-Year ETP MAP Update

Unread postby shortonoil » Thu 19 Sep 2019, 12:43:55

Still waiting for St. Angelo to interview (with the corresponding transcript) Bozo Bedford aka ETP Bozo on petroleum thermodynamics from the oil field to the fuel tank.


Since we are almost 2,000 miles apart, it will have to wait until after Christmas.

But, if ExxonMobil continues to publish negative free cash flow, and has to borrow to pay dividends, then it's only a matter of time before major shareholders tell management to CUT & RUN from shale before it destroys their balance sheet.


Moody's is likely to end Exxon's shale rein before its stockholders get the chance.
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Re: Mid-Year ETP MAP Update

Unread postby Outcast_Searcher » Thu 19 Sep 2019, 16:28:31

shortonoil wrote:Moody's is likely to end Exxon's shale rein before its stockholders get the chance.

Yeah, sure it will. Meanwhile, in the real world trend, it would seem the results re XOM credit rating from Moody's is rather positive.

https://www.moodys.com/credit-ratings/E ... ing-273500
Given the track record of the perma-doomer blogs, I wouldn't bet a fast crash doomer's money on their predictions.
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Re: Mid-Year ETP MAP Update

Unread postby SRSroccoReport » Fri 20 Sep 2019, 16:17:55

shortonoil wrote:
Still waiting for St. Angelo to interview (with the corresponding transcript) Bozo Bedford aka ETP Bozo on petroleum thermodynamics from the oil field to the fuel tank.


Since we are almost 2,000 miles apart, it will have to wait until after Christmas.

But, if ExxonMobil continues to publish negative free cash flow, and has to borrow to pay dividends, then it's only a matter of time before major shareholders tell management to CUT & RUN from shale before it destroys their balance sheet.


Moody's is likely to end Exxon's shale rein before its stockholders get the chance.


AH-HA... there you are...LOL.

Yes, indeed... the overdue ETP-THERMODYNAMICS INTERVIEW.

Unfortunately, been lots of COALS in the FIRE. But in due time, everything will be explained. Regrettably, the market and many of these POWER-SHALE OIL BULLS are going to be eating CROW. Story at ELEVEN.

Anyhow... BAZOOKA BEDFORD, I will be in touch. This information needs to be shared with those who still have an open mind and haven't yet succumbed to BRAIN DAMAGE.

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