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AT&T, Inc. Message Board

robertnupstatecarolina 43 posts  |  Last Activity: 20 hours ago Member since: Jun 24, 2009
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  • robertnupstatecarolina by robertnupstatecarolina 20 hours ago Flag

    MEXICO CITY (Reuters) - The allure of investing in Mexico's historic oil sector opening has been dimmed by the plummeting price of crude, putting pressure on the government to offer bigger incentives to private investors in the first major round of contracts up for grabs.

    Since Congress in August approved the laws governing the dissolution of Mexico's 75-year-old state oil monopoly, crude prices have plunged more than 40 percent, reducing the appeal of investing in Mexican deposits.

    Mexico, the world's 10th biggest crude producer, last week announced bidding terms for the first set of production-sharing contracts, unveiling 14 shallow-water exploration blocks that will pay winning firms a share of each project's output.

    The overhaul aims to reverse a decline in crude output of 30 percent since 2004, but the slumping prices have cut potential returns, putting the onus on Mexico to make it more attractive for firms to invest - at the government's expense.

    By law, what companies must pay the government include a range of taxes and a basic royalty which will vary depending on the price of oil.

    The most important consideration in determining who wins the contracts will be what share of operating profits bidders offer the government above a minimum level.

    The finance ministry won’t set the floor on that share until just before the contracts are awarded next summer, and it is here that lawmakers say Mexico must be flexible.

    "What will the government do? Well, if it planned on a certain percentage for a given (project), it's just going to have to reduce the percentage," said German Pacheco, a congressman from the opposition National Action Party who helped craft the energy reform.

    Government officials admit privately that adjustments will likely be needed to maintain strong interest, though in public they are more circumspect, mindful that oil prices could still rally before winning bids are revealed.

    "The market will determine how much it's willing to offer," said

    Sentiment: Strong Buy

  • robertnupstatecarolina robertnupstatecarolina Dec 18, 2014 5:36 PM Flag

    Indicators are showing the economy getting stronger, employers increase hiring. What does this spell ? More oil consumption and with it comes a drop in oil supplies. Shorts better grab your nuts because it's going to hurt.

    Sentiment: Strong Buy

  • robertnupstatecarolina by robertnupstatecarolina Dec 16, 2014 2:18 AM Flag

    T. Boone Pickens predicts Oil prices will be back to $90.00 a barrel in 12 to 18 months. We are a wash in over supplyof oil and the world economy has slowed. It will take some time to reduce supplies but it will happen and this will drive prices upward.........As Warren Buffet say's "BUY LOW AND SELL HIGH", and now is the time.

    Sentiment: Strong Buy

  • Reply to

    Why aren't HERO insiders buying??

    by ex_gs_guy Oct 9, 2014 11:25 AM
    robertnupstatecarolina robertnupstatecarolina Dec 14, 2014 7:44 AM Flag

    So tell me oh smart one. How was Rynd supposed to know the Saudi's would keep production up to drive the oil price down ? Do you think he or anybody else has a crystal ball ? The stock market is and has always been risky. Rynd bought at $4.00 a share thinking it was a good deal. Most would have did the same thing.

    Sentiment: Strong Buy

  • Reply to

    Sounds Like A Profitable Winter

    by bondto Dec 12, 2014 9:13 PM
    robertnupstatecarolina robertnupstatecarolina Dec 13, 2014 8:34 AM Flag

    Plus.....upstate New York had a record breaking 5 feet of snow and much colder than normal is predicted for most of the USA. Supply going down with demand going up.

    Sentiment: Strong Buy

  • Reply to

    Almost 8.9 million shares

    by blackgoldgusher Dec 9, 2014 4:00 PM
    robertnupstatecarolina robertnupstatecarolina Dec 9, 2014 7:12 PM Flag

    Double the share volume could also mean word has leaked out of a signed contract too. It would be a nice Christmas gift to shareholders. Well a guy can dream.......right ?

    Sentiment: Strong Buy

  • Reply to

    JUST LIKE ENRON.. THE WHOLE MARKET IS CRASHING!!

    by luke.2012 Dec 8, 2014 11:57 AM
    robertnupstatecarolina robertnupstatecarolina Dec 8, 2014 12:08 PM Flag

    Hedge Funds Betting That OPEC-Led Oil Rout Is Near End
    By Moming Zhou
    12 hours ago

    Sentiment: Strong Buy

  • robertnupstatecarolina by robertnupstatecarolina Dec 4, 2014 1:13 PM Flag

    Saudi Arabia has intentions of bankrupting all the American oil drillers, and then the price goes to $150.00 a barrel. Cut the Saudi's off..........Drill Here......Drill Now........Pay Here.

    LONDON (Reuters) - Saudi Arabia steeply cut its January oil prices for Asian and U.S. buyers on Thursday, which some analysts said showed it was stepping up a battle for market share a week after refusing to support OPEC output cuts.

    Official Selling Prices (OSPs) for oil from the largest producer and exporter in the Organization of the Petroleum Exporting Countries have been seen as possible indications of the kingdom's oil policies.

    Some analysts have said sharp drops in OSPs in recent months show the kingdom is fighting for market share with other producers, but others have said the OSPs only reflect the market and are a backward-looking rather than a forward-looking indicator.

    "(The) Saudis are making it clear they don't want to lose market share," Richard Mallinson, an analyst at consultancy Energy Aspects, told the Reuters Global Oil Forum.

    Sentiment: Strong Buy

  • robertnupstatecarolina robertnupstatecarolina Dec 3, 2014 3:19 AM Flag

    Oil rises as crude inventories decline. Cold weather is here and oil consumption is on the rise.

    Sentiment: Strong Buy

  • robertnupstatecarolina robertnupstatecarolina Dec 1, 2014 10:30 AM Flag

    I personally believe that the Saudi's will eventually agree to a production cut which will help support the falling oil prices. Saudi Arabia depends on oil to support there economy and feed there people. The price goes to low and the economy will collaspe. The USA is producing record supply of oil, so now maybe we will have the Saudi's backed in a corner.

    Sentiment: Strong Buy

  • robertnupstatecarolina by robertnupstatecarolina Nov 30, 2014 9:42 PM Flag

    It's going to be a rough ride. Oil could drop as low as $30.00

    That is how far Canadian billionaire Murray Edwards, chairman of Canadian Natural Resource, thinks oil prices can fall from here.

    Sentiment: Strong Buy

  • robertnupstatecarolina robertnupstatecarolina Nov 28, 2014 6:41 PM Flag

    What and idiot !!!

    Sentiment: Strong Buy

  • robertnupstatecarolina robertnupstatecarolina Nov 28, 2014 6:39 PM Flag

    200 million dollars cash in the bank and you talk of chapter 11............You're full of it !!!

    Sentiment: Strong Buy

  • Reply to

    No cut in production

    by long4hero Nov 27, 2014 10:53 AM
    robertnupstatecarolina robertnupstatecarolina Nov 27, 2014 3:30 PM Flag

    So how does the Keystone Pipeline play into all this ? Wouldn't more oil from Canada flood the market and drive prices lower ? Have I missed a piece of the puzzle ?

    Sentiment: Strong Buy

  • Reply to

    Silly

    by bondto Nov 26, 2014 11:42 AM
    robertnupstatecarolina robertnupstatecarolina Nov 26, 2014 11:54 AM Flag

    We have a glut of oil on hand now, but not for long. With the bitter cold weather coming early and lot's of Snow in the forecast those oil & gas furnaces in the Northeast, Northwest, and Great Lakes Region will be running overtime. It's coming and the supply will soon be down, and driving oil prices up.

    Sentiment: Strong Buy

  • Reply to

    This stock is priced for Chapter 11

    by dfsponn1 Nov 25, 2014 8:17 PM
    robertnupstatecarolina robertnupstatecarolina Nov 26, 2014 11:46 AM Flag

    Not short selling, but "Abusive Short Selling" is illegal.

    Sentiment: Strong Buy

  • robertnupstatecarolina robertnupstatecarolina Nov 26, 2014 6:39 AM Flag

    I agree, and those rigs are constantly being upgraded with the latest new drilling technology. Even the Navy has battle ships with a few rust spots, but that doesn't stop them from doing there job.

    Sentiment: Strong Buy

  • Reply to

    This stock is priced for Chapter 11

    by dfsponn1 Nov 25, 2014 8:17 PM
    robertnupstatecarolina robertnupstatecarolina Nov 25, 2014 9:21 PM Flag

    200 million dollars cash on hand in the bank is hardly chapter 11. It's those Goldman Sachs boys who are driving this stock down and abusive Short Selling is illegal if you have somebody to prove it.

    Sentiment: Strong Buy

  • I sent a email to Senator Carl Levin who sits on the committie who is investigating the commodity manipulation charges. I requested he go even further and ask about Abusive Naked Short Selling committed against Hercules Offshore. Please email or call Senator Carl Levin's office and ask for his help.

    Sentiment: Strong Buy

  • robertnupstatecarolina by robertnupstatecarolina Nov 19, 2014 3:47 PM Flag

    This is Fall of the year, but tempertures are running 20 to 30 degrees below normal in most of the country. Snow is falling at record levels and heating systems for homes and business is running around the clock. What does this all mean ? Oil & Gas consumption will be up and this will reduce the supplies and soon we will see oil prices rebound.

    The Squirrels have been in my yard harvesting hickory nuts at record levels, and I'll bet they know more that we humans do. It's going to be a long cold Winter and the drillers will benefit.

    Sentiment: Strong Buy

T
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