Try WTI at $45 to $50 for the rest of the year. That's what Total and BP are predicting and is not just a useless opinion.
Wonderful rabble rousing post. Reality is US imports 9m bbs of oil a day. Mainly Canadian crude and heavier oils from Mexico and Venuzuela.
Cramer is banned from trading on behalf of others. Can only buy and sell through a broker for his own account.
Which God . There are so many. How can a country that oppresses people be good. Just as evil as apartheid South Africa.
maybe, if congress pass the Iran deal. If not, the US will be alone in having sanctions in place, as Europe will approve the lifting of sanctions in accordance with the treaty.
Spoke to IR today. Confirmed that if tax was imposed, they would move head office. Only 4 people employed there. As Alpha says, once head office moved, no need to pay tonnage or other Greek taxes.
The tax has not been imposed, and may never be, as shipping contributes 14% of Greek GDP. Foolish if they kill the potential for job growth. As you say, if they do impose the tax, shipping companies will move head ofiice away from Greece. Thanks for info re tonnage tax, and I stand corrected.
I will try to introduce a serious note to the situation. The tax that the troika want increased is VAT. This is due to the fact that the income tax dept is corrupt and thus Greek individuals are not paying income tax. There is no proposal to increase company tax. The only tax that MAY effect CPLP is an increase to tonnage tax. This will only effect Greek flagged ships. There is no info on CPLP website as to which flags their ships are flying.
No SO in the near future as cash on hand covers remaining Capex. I agree there are games being played, but will keep collecting divs in the mean time.