navguy12
Active Member
200 times thicker!That orange line coming from "Electricity Generation" and going to "Transportation" needs to get much thicker!
You can install our site as a web app on your iOS device by utilizing the Add to Home Screen feature in Safari. Please see this thread for more details on this.
Note: This feature may not be available in some browsers.
200 times thicker!That orange line coming from "Electricity Generation" and going to "Transportation" needs to get much thicker!
Iraq is seeking a cash injection of at least $1.7 billion by offering crude buyers a deal to pre-pay for a year's worth of oil supply — the first time the federal government has tried to leverage a portion of its future oil exports to generate financing.
My Chevron 2023 put price alerts are going off like popcorn this morning. $60(~$112B market cap) Jan2023 puts are $5.50!
Imagine going back in time to short Peabody. Are we in this window yet? Probably not, but you could start buying puts every 6 months or so and stand a pretty good chance of making a boatload.
I've locked in my simple strategy and begun putting in orders. Trying for the top of each quarter I will buy the furthest out put contract I can buy for $4.20, adding +1 to the number of contracts purchased each quarter. Aiming for one contract at $60 Jan2023 this quarter.Too much time-value to lose in that trade. 2023 could very well be Peabody of 2014 and not Peabody of 2016.
I'm glad you posted this. There is a lot of good content here, too much to highlight.Bloomberg - Are you a robot?
A year ago, if anyone in the petroleum business had suggested that the moment of Peak Oil had already passed, they would have been laughed right off the drilling rig. Then 2020 happened.
Planes stopped flying. Office workers stayed home. “Zooming with the grandkids” replaced driving to see family. A year of global hunkering yielded the sharpest drop in oil consumption since Henry Ford cobbled together the first Model T. At its worst, global demand dropped by a staggering 29 million barrels a day.
As a once-in-a-century pandemic played out, British oil giant BP Plc in September made an extraordinary call: Humanity’s thirst for oil may never again return to prior levels. That would make 2019 the high-water mark in oil history.
Be careful. Repetitive Ocular Rotational Stress Disorder is no joke.Meanwhile, the clown directing funds for the California Teachers Pension has been all over CNBC defending his flat refusal to divest from XOM. They've initiated an "aggressive dialog" with Exxon to move into cleaner energy. [rolleyes]
When are we gonna call out these clowns for talk and no action? It's like BP......lots and lots of talk. Meanwhile the oil flows and no action is taken.
Anywho......VERY interesting US oil report this week. Supplies up a TON but apparently there's a vaccine do WTI needs to pop. Imports look higher too. Bad sign for WTI for sure! I know I said no SCO, but it might be worthwhile if WTI approaches $50 before the new year.
No thanks.
Funding for the research was provided by BP through the Carbon Mitigation Initiative at Princeton’s High Meadows Environmental Institute, ExxonMobil through Princeton E-ffiliates Partnership at the Andlinger Center for Energy and the Environment, with in-kind support from the University of Queensland.