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Ship Finance International Limited Message Board

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  • canucanoe1 canucanoe1 Dec 31, 2011 6:11 PM Flag

    Given the current share price, this is an extreme positive for SFL


    Asia cannot afford $200 oil. The demand won't be there, nor will it be anywhere else.

    If you want to speculate on the oil price, be sensible and do so. Thinking that shipping costs will soar because the price of oil may is a bet disconnected from logic until you have a logical scenario.

    $200 oil slams demand. $200 oil bankrupts national treasuries that subsidize the price to citizens (think on his one). And closing the Straits kills access to oil spiggots. None of this benefits shippers.

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    • "Asia cannot afford $200 oil".... Another American sitting in their house full of Asian made goods with some whacked perception that continent is still straw huts, rice patties and rickshaws.

      China went from 300k millionaires in 2007 to over 1 Million in 2010. 600,000 millionaires in 3 years or 200k per year. Yeah they are all poor... wake up !

      If you think a squeeze on the oil spigot this time around will result in a completely different effect than the last time, and the time before that, and the time.... go ahead, your prerogative.

    • As soon as the Keystone Pipeline starts construction, OPEC will lower crude oil prices to $50 a barrel to end the project.

14.60-0.09(-0.61%)Sep 26 4:02 PMEDT