The one truth about civil service is that regardless of which political party holds office, the civil service does not change. The IRS is no different under Democrats than it was under Republicans. The only thing that changes is the very top, political appointees, and they get their jobs as a reward for their efforts within the party. They are not expected to do anything, just expected to not screw up.
Linn CEO promised no equity for debt when asked the direct question by an Investment Analyst. Two weeks later, Linn exchanged equity for debt, followed by three downgrades by these same Investment Analysts. These Analysts don't like being lied too. Share volume spiked during this time period, my assumption is that these investment houses dumped their shares. I doubt if there is any institutional ownership of Linn anymore. If Mark Ellis only had a clue.
Is there any market for these products ? Someplace where we can find out what the current price is for NGL ? I know that NGL is actually made up of several underlying products, butane, ethane, propane, etc., but is there a NGL price or futures market somewhere ?
That's just politicians making nonsense statements that sound good. Now they can go home and tout their success at coming to agreement on a major policy statement. Its what politicians do.
Perhaps you could share some information that would help improve this board ? Rather than sit back, scan the posts and complain without adding anything yourself.
The reason Ike didn't meet with Truman was because it was Truman that forced Ike to retire from Military by refusing to re-appoint him Commander of European Forces (NATO). Personal animosity between the two. Also, Ike ran for President because he thought he could win, it had nothing to do with Truman or the "Truman Doctrine". When he announced as a Republican candidate, most people didn't even know if he would run as a Republican or Democrat. The Republicans must have cut him a better deal. And I guess anyone to the left of Attila the Hun must be a "progressive".
Do you want to start talking about the "domino effect" now ? or should we just transition into Eisenhower's warning about the military industrial complex. Boy, did he know what he was talking about. George W. recreated the 1950's, with all its flaws.
Republican Senate has already stated they will not approve any deal with Iran, and treaties have to be approved by Senate, so I don't know what all the concern is. Iran doesn't get a nuclear deal, its just a show for now.
"I am not sure Kissinger is correct about South Vietnam remaining 'free'" . . . . in what world was South Vietnam ever free ? Which military/civilian dictator do you point to as the "free" leader of South Vietnam ? Vietnam was a war over ego, and in the words of Dwight Eisenhower," it would be a war in the wrong place, at the wrong time, against the wrong enemy." As history has proven.
These same genius's never saw the price collapse coming, why should I listen to them now ? They make predictions and then each month they change their predictions. The only info they get right is what last months prices were. Perfect 20/20 hindsight.
"Rigs drop by more than half. Yet, production has not dropped as expected." . . . No body should expect an instantaneous drop in production. Oil production in US has now peaked and should slowly but increasingly roll over. Again, I repeat, we are only 6 months into a 3 year cycle. Give it time, it will happen. The rest of your post is just nonsense.
I'm constantly amazed at how people, knowing that the oil price cycle is a 3 year cycle, still expect some kind of results after 6 months. Oil price collapse, followed by cutbacks in oil cap-ex, followed by reduction in supply of oil, followed by increasing prices for oil. This takes 3 years to play out. There are no short cuts to this cycle. The last time this happened was 2005 and by 2008 we all know where oil prices went, well over $100/barrel due to demand exceeding supply available.
Are you dumb enough to really think you can move the stock price by posting BS on this message board ?
"Best estimate is Aryanland has huge volumes in storage which they can not sell" . . . . this is rubbish. Nobody knows what's going on in Iran, except "unknown or unnamed sources", which translates into "traders touting positions". Best guess is they have to be discounting and selling their oil on the black market to meet their budget needs. Iran spends too much money on their economy based on their "official" oil revenue.
LInn would have to use equity to acquire another company. Linn barely stays within their debt covenants now. If BRY is any gauge, expect LInnn to overpay and dilute shareholders in the process so be careful what you wish for. I wish they would concentrate on running their company better and forget about acquisitions.
Explain to me how come the ice sheets in Greenland are melting at faster than expected rates which are opening up land masses for mineral exporation that have never been ice free in recorded history ?
"Study Finds No Pause in Global Warming
More comprehensive temperature measurements suggest previous results were inaccurate" . . . . . and you dismiss it as lies and deception by a cult ???? Maybe you could publish your research results ?