BP set fire to its own oil rig in the Gulf of Mexico, a trick that doesn't work anymore.
Exxon-mobile used the same trick a few years ago with its Nigerian oil pipe line. It's not going to work any more, people see through oil companies' tricks.
TORRANCE, Calif. (AP) -- An explosion rocked an Exxon Mobil refinery on Wednesday morning, triggering a huge smokestack flare, raining down ash and leaving four with minor injuries, company and local officials said. Workers fled the area.
The facility — a structure several stories tall — was shattered. Crews poured water onto the structure afterward, and a fire spokesman said at midday the situation was controlled.
The blast happened in a recently installed processing facility and the material involved was gasoline, said Fire Department spokesman Steve Deuel.
as inventory. Go figure how much glut in the oil market.
resistance is futile, give up. Let it drop.
yep, get ready for blood in the street.
Wall Street insiders said BABA will likely drop below 80 either before or after the lock-up period expires in March. They warned investors to stay away from BABA before that date. If it drops a lot, it's safer to get in after the drop. No purchase of BABA stock is advised before the lock-up expiration date.
they are fighting to save their life. If this drops below 80, it will crash all the way to 50s. All those IPOers will dump and run for the exit. They have no appetite a Chinese company under SEC investigation.
many hedge funds bought in the 70s. They spread the totally illogical rumor that LOW oil price is bad to economy. Ludicrous rumor.
Years ago, when oil price was high, they went short and spread the rumor that HIGH oil price is bad to economy.
bag holders are worried, they spread rumor that low oil price is bad for US economy.
What a joke! LOW oil price is bad for economy?????? It's the opposite!!!! Bag holders are calling black white.
I anticipate 40s price, maybe even lower by year end. American inwestors will run for the exit.
who bought at 89 a couple of days ago???????????????
they are not happy right now. If they couldn't prop up this stock above IPO price, they will dump their shares in March.
bag holders are trying very hard to prop up this stock, but they have failed. If the price doesn't get above IPO price, big institutions will cut losses when the lock-up period expires.