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United States Oil Message Board

fp718591 573 posts  |  Last Activity: 7 hours ago Member since: Mar 10, 2012
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  • fp718591 fp718591 Jun 3, 2015 1:57 PM Flag

    My new rhyme is sell the RIP and buy the DIP LOL

  • fp718591 fp718591 Jun 3, 2015 2:29 PM Flag

    Just looking at options and going by that without charts, it looks like they want USO below 19.50 a share by Friday, but options change by the day, by bet is they take it below 19.50

  • fp718591 fp718591 Jun 3, 2015 3:38 PM Flag

    June 1 (Reuters) - A shadowy build up of oil has intensified in the Atlantic Basin with homeless cargoes of crude turning into unintentional floating storage - another sign the global surplus has some way to go before clearing.

    Off the coast of West Africa and in the waters of the North Sea, vessels holding millions of barrels of oil have become, in effect, accidental storage, as their owners fight for buyers.

    These are competing with new loadings, as well as time-chartered cargoes that major trading houses such as Unipec and Trafigura booked to store crude months ago and are now selling.

    "It's pretty bad," one West African crude oil trader said. "There is a lot floating there that wasn't meant to be."

    The development highlights the diverging fates of crude grades as U.S. shale oil shuts light, sweet West African crudes out of North America, while state-of-the-art refinery additions worldwide are geared towards heavy crudes.

    Just before OPEC (the Organization of the Petroleum Exporting Countries) meets to determine its next move, the Nigerian surplus in particular amplifies the yawning disconnect between futures and physical markets.

    "The country is a good barometer for global oversupply, with its exports to Asia, Europe and the Americas fluctuating with regional demand," analysts JBC said in a note on Friday.

    Traders said there are around six million barrels of crude from Nigeria's May programme available - some already loaded onto vessels. Cargoes such as the Front Ariake, which loaded in late April, are only now sailing out of the region.

    That joins more than 65 million barrels left in June and July for Nigeria alone, leaving producers looking to extra-high run rates at European refineries for salvation.

    In the North Sea, four expected June VLCC (very large crude carrier) bookings to Asia dwindled to one confirmed fixture, leaving Europe to absorb almost the entire Forties programme.

    The stranded cargoes are limiting vessel availability, pushing May fr

  • fp718591 fp718591 Jun 3, 2015 3:41 PM Flag

    I have seen this before, Cargo rates go up when they use ships to store oil when they cant find buyers in the U.S, Europe even Asia, it means their oil storage on land is filled so now they use ships to store oil, that causes a greater glut then you saw when oil was 45 a barrel

  • I buy bulk supplies on ebay if i see a good deal, these small 4 inche paint rollers covers have been labeled cancer causing, i wonder if they did that with paint yet LOL
    This item is for 20 (10-2 packs) of paint covers.
    No international sales.
    1-DAY HANDLING.
    Covers are 4".
    Hard plastic core(may be yellow or light orange colored).
    One end is covered-good for cutting jobs.
    Soft woven acrylic material.
    Nap is less than 1/2".
    Has standard California cancer warning label.

  • Nearly 100 personal care products are in violation of a California law requiring that consumers be warned about the presence of cancer-causing chemicals, says an environmental nonprofit in Oakland.
    Chemicals in Shampoo

    Tests ordered by an environmental watchdog group revealed the presence of a cancer-causing chemical in dozens of personal care products that lack a warning label required by California law.

    The compound, a chemically modified form of coconut oil—cocamide diethanolamine (cocamide DEA)—is used as a foaming agent or thickener in soaps, shampoos, conditioners, and similar product

  • fp718591 fp718591 Jun 3, 2015 7:54 PM Flag

    Painters quiting their job so they wont get sued for using a paint roller to paint the inside of a house LOL

  • fp718591 fp718591 Jun 4, 2015 4:59 PM Flag

    I still like my rhyme, sell the rip and buys the dips, last night i said they were looking to break the 19.50 mark in USO either by today or tomorrow, i say they try real hard to bust the 19 dollar mark in USO tomorrow, good luck

  • fp718591 fp718591 Jun 4, 2015 7:37 PM Flag

    Only shares that can be lent out are shares on a margin account, if your shares are paid for they need your permission to lend them out. To many of these brokerage firms like TD ameritdae, scottrade have no ideal what their talking about. People here say i called and they said no i can still short them, and they dont have shares to lend out LOL, heres the truth with the SEC ruling, Typical margin account agreements give brokerage firms the right to borrow customer shares without notifying the customer. In general, brokerage accounts are only allowed to lend shares from accounts for which customers have "debit balances", meaning they have borrowed from the account. SEC Rule 15c3-3 imposes such severe restrictions on the lending of shares from cash accounts or excess margin (fully paid for) shares from margin accounts that most brokerage firms do not bother except in rare circumstances. (These restrictions include that the broker must have the express permission of the customer and provide collateral or a letter of credit.)

    Most brokers will allow retail customers to borrow shares to short a stock only if one of their own customers has purchased the stock on margin.

  • fp718591 fp718591 Jun 4, 2015 7:49 PM Flag

    One other issue, if people start selling shares of any stock in their acct to get out of margin acct borrowed money and if theirs enough of them then the broker has to contact the short seller to cover his position because they need their hares back.

  • fp718591 fp718591 Jun 4, 2015 8:25 PM Flag

    Well you are still on the board, you must have gone to simpleton school, First deconstructing testing will get thrown out of court. It has been stated even by the lab that deconstructing releases 10 times the amount of Formaldehyde, deconstructing is taking the surface finish off to determine Formaldehyde levels which is the testing 60 minutes did. No one that has new flooring installed chips away the finish of the flooring. Even CARB will tell you that, only proper way to test formaldehyde is in home air testing. LL has sent out over 10,000 to anyone that wanted one, once you did the in home air test you sent it to a lab, you had 3 different labs to choose from and they would contact you if formaldehyde levels were to high, only 3% had higher levels then want California requires, remember LL isn't a lab company and didn't do the testing, it was professional labs. Next not one person was in the hospital, so their wont be any claims allowed in court on medical issues, it will be thrown out. Under Proposition 65 the fine is 2,500 a day for all states for LL to get it off the shelf just like Lowes did, that's peanuts. Next insurers ill have to pay if no intentional neglect is found on LL part, that would be hard to prove.

  • Reply to

    I took a bath in Fomaldahide and I feel great!!!

    by emberf5492 Jun 4, 2015 12:45 PM
    fp718591 fp718591 Jun 4, 2015 9:53 PM Flag

    If you use shampoo then you did,,,,,, Nearly 100 personal care products are in violation of a California law requiring that consumers be warned about the presence of cancer-causing chemicals, says an environmental nonprofit in Oakland.
    Chemicals in Shampoo

    Tests ordered by an environmental watchdog group revealed the presence of a cancer-causing chemical in dozens of personal care products that lack a warning label required by California law.

    The compound, a chemically modified form of coconut oil—cocamide diethanolamine (cocamide DEA)—is used as a foaming agent or thickener in soaps, shampoos, conditioners, and similar product

  • fp718591 fp718591 Jun 5, 2015 1:29 PM Flag

    Rigs drop, BHI Rig Count: U.S. -7 to 868 rigs

    U.S. Rig Count is down 7 rigs from last week to 868, with oil rigs down 4 to 642, gas rigs down 3 to 222, and miscellaneous rigs unchanged at 4.

    U.S. Rig Count is down 992 rigs from last year at 1860, with oil rigs down 894, gas rigs down 98, and miscellaneous rigs unchanged at 4.

    The U.S. Offshore rig count is 27, down 2 rigs from last week, and down 31 rigs year over year.

    BHI Rig Count: Canada +18 to 116 rigs

    Canadian Rig Count is up 18 rigs from last week to 116 rigs, with oil rigs up 15 to 59, and gas rigs up 3 to 57.

    Canadian Rig Count is down 98 rigs from last year at 214, with oil rigs down 63, and gas rigs down 35.

  • fp718591 fp718591 Jun 5, 2015 2:01 PM Flag

    Hello billy, if you notice 2 offshore rigs went offline, offshore rigs produce both oil and NG, so the drop is basically bigger, good luck

  • fp718591 fp718591 Jun 5, 2015 4:06 PM Flag

    Commodity Weather Group expects the weather across East Coast in the US to be below normal temperatures for the next five days. However, MDA Weather Services expects that the weather will be above normal temperatures in the second week of July in the Midwestern part of the US.

  • When EPA’s regulations are issued, will they address products like the laminate flooring featured in the 60 Minutes segment?

    Under EPA’s proposed regulations, laminate flooring that is a “laminated product” made by attaching a wood veneer with a formaldehyde-based resin to a composite wood platform would be subject to testing and certification, as would laminate flooring that is hardwood plywood. EPA received a large number of comments on this aspect of the proposed regulations, and EPA is carefully considering the comments in developing the final rule.

    Under the current California Air Resources Board (CARB) regulations, laminated products must be made with platforms that are certified to comply with the applicable emissions standard, but there is no formaldehyde emissions standard applicable to the laminated product itself.

    4. Should I be concerned about formaldehyde if I have laminate wood flooring in my home?

    Not necessarily. Formaldehyde is present in many consumer products, including composite wood products used in flooring, cabinets and furniture; wood floor and wall finishes; and is produced by combustion sources such as gas stoves and wood burning fireplaces. Laminate wood flooring is likely to contain some formaldehyde. However, formaldehyde emissions from these products have been reduced 80-90% from levels in the 1980’s and earlier due to mandatory formaldehyde emission standards in California (the CARB standards) and national voluntary formaldehyde emission standards (criteria established by the American National Standards Institute (ANSI)). In addition, formaldehyde emissions are highest when products are new and diminish over time so the longer a product has been in place, the lower the levels of formaldehyde likely to be emitted.

  • fp718591 fp718591 Jun 5, 2015 5:18 PM Flag

    remember this part, its proof it was overblown and the EPA knows it,,,, formaldehyde emissions from these products have been reduced 80-90% from levels in the 1980’

  • fp718591 fp718591 Jun 5, 2015 6:14 PM Flag

    you are a nutcase and i mean mentally ill. read what you posted to me dumbsiht, we all been saying formaldehyde can be reduced, open the window stupid, and eventually formaldehyde dissipates

  • fp718591 fp718591 Jun 5, 2015 6:24 PM Flag

    In addition, formaldehyde emissions are highest when products are new and diminish over time so the longer a product has been in place, the lower the levels of formaldehyde likely to be emitted. ........ EPA stated it and check the rest dumbie, you will see they say OPEN the window DUMBIE KASE

  • Its interesting LL wasnt issued to recalls by the U.S. Consumer Product Safety Commission but LED bulbs were, heres the story, Following Cree's (NASDAQ:CREE) announcement Thursday that it is voluntarily recalling its tube-shaped T8 fluorescent lamps, one analyst questions whether consumers will shy away from purchasing the LED lights.

    The North Carolina-based lighting manufacturer said the problem with the T8 LEDs stems from electrical resistance between a spring contact and the printed circuit board. The resistance can lead to electrical arcing, which can cause the light to overheat and melt, posing fire and burn hazards.

    The T8 LEDs are sold through distributors to commercial lighting customers, and exclusively at Home Depot (NYSE:HD) for residential usage. Owners of those bulbs should disconnect them and contact Cree for a free replacement or a refund.

    Cree said its LED light is designed to replace fluorescent bulbs in common commercial and office fixtures. The company estimates the recall affects roughly 700,000 lights in the U.S. and 11,500 in Canada.

    It might well be just a one-time recall, but its impact could be more far-reaching, Summit Research Partners analyst Srini Sundararajan said in a research report Friday.

    "This might make consumers who need to be convinced to use LED-based lamps a little bit gun shy in making the change from traditional lamps," Sundararajan said. "However, with good crisis management on the part of the company, any long-term impact can be minimized."

    The U.S. Consumer Product Safety Commission website has posted a recall notice on the LED T8 fluorescent tubes.

USO
15.09+0.15(+0.99%)Sep 2 4:00 PMEDT