Hopefully WBH, somewhere else then the states...
The hateful spittle/dribble issued by JC14 is toxic - can't see any other country tolerating it.
Mike B. Don't know why you seem to have in for NMB. Makes no sense to me. Perhaps he was not here simply because he's other things to with his life then to be glued to the Yahoo message boards?
Just a question.
Hey jets, forgive my ignorance... "CTE" means what"?
One sure thing I can say is that once you start to spew, you don't dribble! You simply keep talking to yourself, on and on, and on.
Has the Trump called you up yet to join his campaign?
Happy, in answer to your question, "Is it weather or something else"....
I don't think it was the weather....
JC14, you're pretty weird...
There have always be people foretelling the "end-of-the-world" in many different forms.
They've been around for as long as the concept of "GOD" was invented (by humans who were simply too scared to believe in their own selves).
Go head and keep cracking this sort of silliness. Probably makes you "feel" better...
Don't know, don't really care.
JB, why in the hell would we need a "savant" unless we were simply too stupid to make up our own minds?
Admit that I've lost some cash in this endeavor. Still have my mind....
Will, I don't think that the Saudi's give a rat's patouie for the American frackers. They really don't care at all about them. To my mind the Saudi's only goal is to cripple the Russian and the Iranian oil businesses as these are simply their most immediate enemies.
By the way, there use to be a gas station in the US that used a green "brontosaur" as it's emblem.
I don't remember the name of that gas stations, but I still remember thinking "just how many dinosaurs did it take to fill our tank?
As I grew older I studied "coal" for a school project. Found out about the leaves/trees impression left in the coal from deep mines. That sorta reinforced the idea that maybe dinosaurs were the primordial source of "oil". Back in the 50's this sort of made sense.
It no longer makes sense to me. As a EE I've worked many satellite programs, many remote sensing systems. There's a lot of carbon in the universe. I've no problem at all thinking that most of "our" oil on this planet comes from "elsewhere".
Thanks Happy for the pointers, I'll look it up and read. Am really hoping that "oil" is not simply the detritus from dinosaurs!
Thanks winmore_98. I'm learning a lot from the posts by you and Happy. Where do you get the idea that oil is sourced by hot geothermal vents (I know you thanked the Russians for this insight). I've not run across this concept before, am only EE. Any information/references you can provide will be much appreciated.
Thanks Happy, I didn't know this (7 million barrels of salt-water/day injected!! ... and ~55% of the return from the Ghawar field is water?).
This is a surprise to me. Have you any idea how much the water percentage from this field has changed over time (what was it in the 1960's, 70's, 80's, 90's, ect. ?)
Have you any idea of when this field (Ghawar) will cease to be economically productive?
Just some off-the-wall questions.
Winmore_98, where do you get this info that the Saudi's are pumping "sea-water" into their oil wells to recoup more oil from their wells?
Understand the concept, understand why it might work. What I don't understand is why the Saudi's would do such a stupid thing, kill off their wells long before they should have died.
Appreciate any more info you can provide.
Happy, I REALLY hate that you're always so full of GOOD news! It #$%$ me off and makes me feel more gloomy then I already am!
Aw hell, not your fault. Things are just going down-hill a whole lot faster them I planned/expected.
Am mostly out of the "market" now (I don't think it's really a market anymore, more like some sort of a con game played against the "smaller" players, like me).
Mostly in cash/precious metals now. Not sure how relevant cash is anymore, and a bit fearful about how well precious metal will hold up. Actually, am pretty sure that almost all of the "value-bids" are likely to slump a whole lot.
So I'm looking for land now, with water and growing areas for crops (up in the north, not in the south).
Personally I think the whole damn worldwide shebang is going to implode...
JC14, you can't be more of an idiot then you apparently are.
Have you ever served in the military? Have you ever risked you life for anything then your own self-aggrandizement?
I'd call you simply a butt-fart, but I don't wish to raise your own vision of yourself.
You're just a blowhard on your best days.
Am sure my comments will provide you with more fodder to pump up you ego.
19+ inches in Annapolis. Just got my truck freed up and pathways dug from the back door to the driveway/mailbox.
I'm really starting to hate this white #$%$.
""America can come to the rescue by reversing the supply imbalance that led to the oil crash."...
Happy, I read this Citi post earlier.
What struck me was that somehow Citi seems to think that America should solve this "problem" of crude oil oversupply. That simply seems like a lot of horse hockey in my opinion.
Screw Citi, the Saudi's, the Russian's, and any other crude oil providers who feel "hurt" by the current low prices for crude oil. They can't provide a product at a reasonable price, then they're simply too stupid to continue their business existence.
Am actually glad that the USA frackers are there. They're sort of "dial-a-yield" producers who work based only on the price of crude, not politics so much.
This capability #$%$ off a lot of countries and politicians, and that seems like a GOOD thing to me.
Happy, I saw and read this article as well this past weekend. Just another million bpd thrown into the world's overall oil markets.
Makes you wonder what will happen when oil hits $20 +/- per barrel in the world to Russia, Saudi Arabia, USA frackers, Venezuela, Nigeria, and so on.
This maybe the beginning of the "BIG" deflation in commodities that's been talked about. Could also be the start of a widespread internecine "low-energy" war to remove other sources of supply.
Whatever it is, it is not likely to have the intended effect..
Hi Happy, I read this same article earlier this weekend.
The Islamic middle east is now and has been for some while simply a dog's breakfast. No one country is really "in control" over there. But there are a whole of helluva of lot of factions vying for control for all sorts of reasons (economic, religious, external hegemony).
This year (maybe the next few) not going to pretty in the mid-east in my opinion, too many players, no real leaders, lots of fear. I think the whole damn region's going to crumble into a more widespread, more ill-defined war then it already has.
This whole region is simply a cluster-f currently, and will only get worse in my opinion.
The only way the Saudi's can counter the Iranians is with WMD capability. If they haven't already done so, then they'll go to the Pakistanis to get such weapons. Draining their cash reserves is the last non-war option they have. After that's gone, they'll either have to give-up oversight of Mecca, or eliminate the main threat using WMDs. I think is one of the ancillary reasons that Iran has been so hell-bent on nuke production.
By the way, if EGY can maintain it's head above water for a few years, they might be well positioned to profit from the conflagration I see for the mid-east in the future.
But I want no part of that. Getting ready to sell out shortly.