Stocks is what i care about too. But with the saudis (sunnis ) about to go to war with a nuclear Iran (shias) .If we know what side obama will take it might help us decipher how bad the oil shock will be and if it will tank apple etc. Thanks for the feedback
would be at war. Oil could be at $100 in months. The secondary will make the longs rich
the pricing of the auction for Whiiting?
If so thats tough for the shorts
apps. Never thought of that revenue source.
before they are done with respect to Iran, russia Isis Libya ,Yemen, Israel, Egypt Syria, Iraq .If so put some risk premium on these U.S. barrels.
Right my whole thesis is that Wll is perfect for a big integrated co. that has the deep pockets to wait.Xom, can just sit on the assets till the price recovers. Good luck
Yes of course but $10 a barrel is $60 million gain 12 months rent could be 20$million. Shale players pay no moorage.They just keep it in the ground