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PeakOil is You

Stock Market Crash! (merged) Pt. 5

Discussions about the economic and financial ramifications of PEAK OIL

Re: Stock Market Crash! (merged) Pt. 5

Unread postby asg70 » Tue 02 Apr 2019, 10:38:44

It's nice to have a check against right-wing partisans like Plant but this thread is just not the right place for this incessant partisan sniping.
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Re: Stock Market Crash! (merged) Pt. 5

Unread postby Cog » Tue 02 Apr 2019, 11:38:59

Oh the other hand a partisan Democrat is fun to play with. I love meeting people who support banning guns, having open borders, free stuff for everyone, eliminating ICE, supporting 3rd trimester abortions and post abortion infanticide, embracing eighty-seven genders, and all the virtue signaling that Dems do. Its like being able to study the mentally ill without having to make eye contact with them.

This is going to be a fine presidential election and the left will go full on psycho over it. Can't wait for the drama as the Dems rip each other apart.
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Re: Stock Market Crash! (merged) Pt. 5

Unread postby Armageddon » Tue 02 Apr 2019, 12:39:50

Do you we really have to turn this thread into a political discussion?
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Re: Stock Market Crash! (merged) Pt. 5

Unread postby Newfie » Tue 02 Apr 2019, 13:10:40

Can we please move the conversation back towards the thread title.
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Re: Stock Market Crash! (merged) Pt. 5

Unread postby shortonoil » Tue 02 Apr 2019, 13:51:20

Global Trade Takes Sharp Turn With Biggest Drop Since 2009

Image
https://www.zerohedge.com/news/2019-03- ... -drop-2009

Consider for a minute that in January 2008 Chairman Bernanke stated:
“The Federal Reserve is not currently forecasting a recession.”

Image
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Re: Stock Market Crash! (merged) Pt. 5

Unread postby Armageddon » Tue 02 Apr 2019, 17:14:21

Did I read somewhere that Gwar is crashing? I have to admit that since all this new fracking and shale production, I haven’t followed PO that close, even though im fascinated by PO. If Gwar is crashing and if the steep decline rates of fracking are true, could we actually be past peak? (Obviously conventional oil has peaked).
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Re: Stock Market Crash! (merged) Pt. 5

Unread postby Armageddon » Tue 02 Apr 2019, 17:35:20

pstarr wrote:Huge News: The Ghawar Is In Decline!

Peak oil is no longer now. It is then.



Matthew Simmons would be happy :shock:
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Re: Stock Market Crash! (merged) Pt. 5

Unread postby Armageddon » Tue 02 Apr 2019, 17:37:21

pstarr wrote:Huge News: The Ghawar Is In Decline!

Peak oil is no longer now. It is then.




Isn’t Venezuela’s production declining too?
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Re: Stock Market Crash! (merged) Pt. 5

Unread postby onlooker » Tue 02 Apr 2019, 17:48:37

Armageddon wrote:
pstarr wrote:Huge News: The Ghawar Is In Decline!

Peak oil is no longer now. It is then.


Isn’t Venezuela’s production declining too?

We realists are on a roll lets keep it going

https://www.bloomberg.com/news/articles ... -oil-field

The Biggest Saudi Oil Field Is Fading Faster Than Anyone Guessed
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Re: Stock Market Crash! (merged) Pt. 5

Unread postby Armageddon » Tue 02 Apr 2019, 18:25:00

pstarr wrote:Peak oil 2018




So what happens next? Lets see your timeline of events to unfold
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Re: Stock Market Crash! (merged) Pt. 5

Unread postby Armageddon » Tue 02 Apr 2019, 18:42:40

Is this why Venezuela is so important? China and Russia are sending troops there to halt US regime change?
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Re: Stock Market Crash! (merged) Pt. 5

Unread postby onlooker » Tue 02 Apr 2019, 18:53:26

Armageddon wrote:Is this why Venezuela is so important? China and Russia are sending troops there to halt US regime change?

Yep, that tar slush oil is critical to the fading US Empire 8O
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Re: Stock Market Crash! (merged) Pt. 5

Unread postby onlooker » Tue 02 Apr 2019, 18:59:22

pstarr wrote:
Armageddon wrote:Is this why Venezuela is so important? China and Russia are sending troops there to halt US regime change?
Onlooker, I have never believed hype re Venezuelan extra heavy oil. I'll bet the reserve estimates are blown way out of proportion, the vast bulk of the extra heavy oil was always just too crappy to bother with.

Yeah Pete, but when that is all you have left. Something is better than nothing
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Re: Stock Market Crash! (merged) Pt. 5

Unread postby Armageddon » Tue 02 Apr 2019, 18:59:41

onlooker wrote:
Armageddon wrote:Is this why Venezuela is so important? China and Russia are sending troops there to halt US regime change?

Yep, that tar slush oil is critical to the fading US Empire 8O



Why else is the US there and adamant about regime change?
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