Gold Member BOHICA Posted June 23, 2022 Gold Member Share Posted June 23, 2022 9 minutes ago, Doug said: It was a simple question. Keep him on or fire him. He be fired he is not running the company well Quote Link to comment Share on other sites More sharing options...
f7ben Posted June 23, 2022 Share Posted June 23, 2022 6 minutes ago, BOHICA said: He be fired he is not running the company well How about firing squad Quote Link to comment Share on other sites More sharing options...
01mxz800 Posted June 23, 2022 Share Posted June 23, 2022 9 hours ago, BOHICA said: Ya I agree. Plenty of crude. Refining capacity is an issue that Regan, bush, Clinton, bush, Obama, Trump did nothing about. But let’s blame the guy that has been in office for a year and 1/2. Biden is a retard but the bigger retards are those that are blaming him. Trump was relaxing regulations Biden declared war on fossil fuels on day 1 and is pushing this pipe dream green new deal bullshit which has caused more damage to to petroleum industry than all the other presidents before him that you mentioned 1 Quote Link to comment Share on other sites More sharing options...
01mxz800 Posted June 23, 2022 Share Posted June 23, 2022 9 hours ago, BOHICA said: Ya I agree. Plenty of crude. Refining capacity is an issue that Regan, bush, Clinton, bush, Obama, Trump did nothing about. But let’s blame the guy that has been in office for a year and 1/2. Biden is a retard but the bigger retards are those that are blaming him. Trump was relaxing regulations Biden declared war on fossil fuels on day 1 and is pushing this pipe dream green new deal bullshit which has caused more damage to to petroleum industry than all the other presidents before him that you mentioned Quote Link to comment Share on other sites More sharing options...
01mxz800 Posted June 23, 2022 Share Posted June 23, 2022 9 hours ago, BOHICA said: Ya I agree. Plenty of crude. Refining capacity is an issue that Regan, bush, Clinton, bush, Obama, Trump did nothing about. But let’s blame the guy that has been in office for a year and 1/2. Biden is a retard but the bigger retards are those that are blaming him. Trump was relaxing regulations Biden declared war on fossil fuels on day 1 and is pushing this pipe dream green new deal bullshit which has caused more damage to to petroleum industry than all the other presidents before him that you mentioned Quote Link to comment Share on other sites More sharing options...
racer254 Posted June 23, 2022 Share Posted June 23, 2022 11 hours ago, 01mxz800 said: the regulations that have been set by the government have prevented producers from upgrading and building new refineries, operational refineries are running at full capacity and are not having a shortage of crude, the government has caused this problem over the years but push the blame off on others. Oh and I work in the petroleum industry and see this first hand They understand this, but people like spin want to act like it was "big oil" that didn't want to build refineries. They won't address the fact that the government was controlling their ability to build. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Jimmy Snacks Posted June 23, 2022 Platinum Contributing Member Share Posted June 23, 2022 (edited) 10 hours ago, BOHICA said: Ya I agree. Plenty of crude. Refining capacity is an issue that Regan, bush, Clinton, bush, Obama, Trump did nothing about. But let’s blame the guy that has been in office for a year and 1/2. Biden is a retard but the bigger retards are those that are blaming him. 51 minutes ago, 01mxz800 said: Trump was relaxing regulations Biden declared war on fossil fuels on day 1 and is pushing this pipe dream green new deal bullshit which has caused more damage to to petroleum industry than all the other presidents before him that you mentioned 18 minutes ago, racer254 said: They understand this, but people like spin want to act like it was "big oil" that didn't want to build refineries. They won't address the fact that the government was controlling their ability to build. Really…sure about that? BTW even though us has been said 9000 times it bears repeating….oil companies are making record profits and their shareholders don’t want them investing profits in new refineries…they don’t give a fuck that you’re paying more for fuel. Read the first post again as well and let it sink in…if possible. Edited June 23, 2022 by Jimmy Snacks Quote Link to comment Share on other sites More sharing options...
racer254 Posted June 23, 2022 Share Posted June 23, 2022 (edited) 4 minutes ago, Jimmy Snacks said: Really…sure about that? BTW even though us has been said 9000 times it bears repeating….oil companies are making record profits and their shareholders don’t want them investing profits in new refineries…they don’t give a fuck that you’re paying more for fuel. God do you really just parrot the shit that gets spoon fed? Profits this year are less than in 2011. BUT OIL IS MAKING BIG PROFITS. Why does oil make big profits when democrats are in office? Another question, why do gun sales go UP when democrats are in office? Edited June 23, 2022 by racer254 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Skidooski Posted June 23, 2022 Platinum Contributing Member Share Posted June 23, 2022 Biden whispers "Do it now" to oil companies about bringing their prices down Quote Link to comment Share on other sites More sharing options...
Crnr2Crnr Posted June 23, 2022 Share Posted June 23, 2022 As one who trades oil, the airlines cutting flights, thus lowering fuel consumption should make a dent. Also, if/when we do fully enter a recession demand/consumption will likely decrease and further drive prices lower. Speculative but there's a lot of factors that drive oil prices and as an investor one has to examine multiple variables. My go to for dropping oil prices is SCO, but it's not for the faint of heart. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Jimmy Snacks Posted June 23, 2022 Platinum Contributing Member Share Posted June 23, 2022 4 minutes ago, Crnr2Crnr said: As one who trades oil, the airlines cutting flights, thus lowering fuel consumption should make a dent. Also, if/when we do fully enter a recession demand/consumption will likely decrease and further drive prices lower. Speculative but there's a lot of factors that drive oil prices and as an investor one has to examine multiple variables. My go to for dropping oil prices is SCO, but it's not for the faint of heart. So what do you think of the numerous articles that talk about investors in the oil business being very wary of expending capital in new ventures and drilling operations because of the volatility of the global oil market and the numerous boom/bust cycles? Quote Link to comment Share on other sites More sharing options...
f7ben Posted June 23, 2022 Share Posted June 23, 2022 9 minutes ago, Crnr2Crnr said: As one who trades oil, the airlines cutting flights, thus lowering fuel consumption should make a dent. Also, if/when we do fully enter a recession demand/consumption will likely decrease and further drive prices lower. Speculative but there's a lot of factors that drive oil prices and as an investor one has to examine multiple variables. My go to for dropping oil prices is SCO, but it's not for the faint of heart. Ahhhh , leveraged futures !!! Now your getting close to f7ben style!!! Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted June 23, 2022 Share Posted June 23, 2022 33 minutes ago, Jimmy Snacks said: Really…sure about that? BTW even though us has been said 9000 times it bears repeating….oil companies are making record profits and their shareholders don’t want them investing profits in new refineries…they don’t give a fuck that you’re paying more for fuel. Read the first post again as well and let it sink in…if possible. Speaking of someone who never lets anything sink in. Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted June 23, 2022 Share Posted June 23, 2022 14 minutes ago, Crnr2Crnr said: As one who trades oil, the airlines cutting flights, thus lowering fuel consumption should make a dent. Also, if/when we do fully enter a recession demand/consumption will likely decrease and further drive prices lower. Speculative but there's a lot of factors that drive oil prices and as an investor one has to examine multiple variables. My go to for dropping oil prices is SCO, but it's not for the faint of heart. What you're doing is best left to professionals. Or is gambling, not investing. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Jimmy Snacks Posted June 23, 2022 Platinum Contributing Member Share Posted June 23, 2022 Just now, DriftBusta said: Speaking of someone who never lets anything sink in. Not true at all and that’s hilarious coming from a guy that still believes the whole WMD’s in Iraq bullshit. BTW I’m trying to have a discussion here this morning so go give your toady Derpo some attaboys or something.👍🏼🤣 Quote Link to comment Share on other sites More sharing options...
f7ben Posted June 23, 2022 Share Posted June 23, 2022 1 minute ago, DriftBusta said: What you're doing is best left to professionals. Or is gambling, not investing. Professionals all someone needs to know mow days is what the fed is doing. It’s the only remaining market fundamental left in the whole scam casino Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted June 23, 2022 Share Posted June 23, 2022 Just now, f7ben said: Professionals all someone needs to know mow days is what the fed is doing. It’s the only remaining market fundamental left in the whole scam casino Fucking right Ben. I have my securities licenses, and its still well over my pay grade playing with leveraged and inverse leveraged investments. If it was easy, we'd all be millionaires. And for every successful energy analyst, there are 10 failed ones. And thats only one sector of the economy. Our analysts only recommend a 5% weighting in energy, there's a reason for that. Quote Link to comment Share on other sites More sharing options...
f7ben Posted June 23, 2022 Share Posted June 23, 2022 Just now, DriftBusta said: Fucking right Ben. I have my securities licenses, and its still well over my pay grade playing with leveraged and inverse leveraged investments. If it was easy, we'd all be millionaires. And for every successful energy analyst, there are 10 failed ones. And thats only one sector of the economy. Our analysts only recommend a 5% weighting in energy, there's a reason for that. I figured out I could lose money at crypto 10x faster than any leveraged complex derivative plus crypto markets are open 24/7 so I can lose money all fucking day and night!!!! 1 Quote Link to comment Share on other sites More sharing options...
Angry ginger Posted June 23, 2022 Share Posted June 23, 2022 12 hours ago, BOHICA said: Ya I agree. Plenty of crude. Refining capacity is an issue that Regan, bush, Clinton, bush, Obama, Trump did nothing about. But let’s blame the guy that has been in office for a year and 1/2. Biden is a retard but the bigger retards are those that are blaming him. for that specific issue i would agree. Bidens terrible but the guys behind him have plenty fo blame for a lot of whats occuring now. Quote Link to comment Share on other sites More sharing options...
Crnr2Crnr Posted June 23, 2022 Share Posted June 23, 2022 5 hours ago, f7ben said: Ahhhh , leveraged futures !!! Now your getting close to f7ben style!!! not for the faint of heart 5 hours ago, DriftBusta said: What you're doing is best left to professionals. Or is gambling, not investing. I play 3x almost exclusively short and long without 'professional advisors'. 😂 Look at UCO from April 2020 until January of this year. Quote Link to comment Share on other sites More sharing options...
f7ben Posted June 23, 2022 Share Posted June 23, 2022 14 minutes ago, Crnr2Crnr said: not for the faint of heart I play 3x almost exclusively short and long without 'professional advisors'. 😂 Look at UCO from April 2020 until January of this year. Ever heard of TVIX Quote Link to comment Share on other sites More sharing options...
Crnr2Crnr Posted June 23, 2022 Share Posted June 23, 2022 2 minutes ago, f7ben said: Ever heard of TVIX Yup, ever heard of UVXY? Here's my list of dangerous products not intended for the meek or 'professionals'. TECL/TECS TQQQ/SQQQ UDOW/SDOW SPXL/SPXS TNA/TZA UCO/SCO Quote Link to comment Share on other sites More sharing options...
USA Contributing Member $poorsledder$ Posted June 23, 2022 USA Contributing Member Share Posted June 23, 2022 Where's my electric car that will cost me nothing to cross the US as I was promised? Quote Link to comment Share on other sites More sharing options...
f7ben Posted June 23, 2022 Share Posted June 23, 2022 3 minutes ago, Crnr2Crnr said: Yup, ever heard of UVXY? Here's my list of dangerous products not intended for the meek or 'professionals'. TECL/TECS TQQQ/SQQQ UDOW/SDOW SPXL/SPXS TNA/TZA UCO/SCO Yes I’ve played all of those at one point but tvix is still to date my biggest loser lol Quote Link to comment Share on other sites More sharing options...
Crnr2Crnr Posted June 23, 2022 Share Posted June 23, 2022 5 hours ago, Jimmy Snacks said: So what do you think of the numerous articles that talk about investors in the oil business being very wary of expending capital in new ventures and drilling operations because of the volatility of the global oil market and the numerous boom/bust cycles? in a nutshell, producers have no incentive to minimize their profits by increasing supply... neither does a farmer who grows corn, soybeans or wheat. People don't care about commodity prices much, except for gazzerline. Funny thing is, it doesn't seem to be stopping folks from taking trips, filling up their boats, ATVs or sxs's... and it also doesn't seem they are slowing down on the interstate to maximize fuel efficiency. So, what's the actual problem? Most people in this country would complain about being hung by a brand new rope. 1 Quote Link to comment Share on other sites More sharing options...
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