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Occidental Petroleum Corporation Message Board

robertvandoley 6 posts  |  Last Activity: Jul 16, 2014 7:21 PM Member since: Jun 10, 2013
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  • Good news for TPLM shareholders: J.P. Morgan Sees Higher Oil Prices in the U.S.’s Future.

    Even as production soars, “strong growth rates in the supply of oil are already slowing,” the bank says, noting that growth in output from U.S. crude oil fields slipped to 12% at the end of June, down from 15% a year ago.

    The bank upgraded its 2015 forecast for U.S. oil prices to $108 a barrel. Lower oil exports from Iraq, turmoil in the Ukraine, and China's 10 year plan to build up it's strategic oil reserves are likely to contribute to higher prices as well.

  • This could be good news for TPLM shareholders for the long term:

    Even as production soars, “strong growth rates in the supply of oil are already slowing,” the bank says, noting that growth in output from U.S. crude oil fields slipped to 12% at the end of June, down from 15% a year ago.

    The bank upgraded its 2015 forecast for U.S. oil prices to $108 a barrel, from $85 a barrel previously. Lower oil exports from Iraq, turmoil in the Ukraine, and China's building up of it's strategic oil reserves are likely to contribute to higher prices as well.

    . .

  • This could be good news for MRO shareholders for the long term:

    Even as production soars, “strong growth rates in the supply of oil are already slowing,” the bank says, noting that growth in output from U.S. crude oil fields slipped to 12% at the end of June, down from 15% a year ago.

    The bank upgraded its 2015 forecast for U.S. oil prices to $108 a barrel, from $85 a barrel previously. Lower oil exports from Iraq, turmoil in the Ukraine, and China's building up of it's strategic oil reserves are likely to contribute to higher prices as well.

  • This could be good news for OXY shareholders for the long term:

    Even as production soars, “strong growth rates in the supply of oil are already slowing,” the bank says, noting that growth in output from U.S. crude oil fields slipped to 12% at the end of June, down from 15% a year ago.

    The bank upgraded its 2015 forecast for U.S. oil prices to $108 a barrel, from $85 a barrel previously. Lower oil exports from Iraq, turmoil in the Ukraine, and China's building up of it's strategic oil reserves are likely to contribute to higher prices as well.

  • Reply to

    When can we expect a split?

    by c4h10butane Jul 12, 2014 9:57 AM
    robertvandoley robertvandoley Jul 12, 2014 11:32 AM Flag

    "When can we expect a split?"

    Usually, when you hit the headpin too flush.

  • Even as production soars, “strong growth rates in the supply of oil are already slowing,” the bank says, noting that growth in output from U.S. crude oil fields slipped to 12% at the end of June, down from 15% a year ago.

    The bank upgraded its 2015 forecast for U.S. oil prices to $108 a barrel, from $85 a barrel previously. Lower oil exports from Iraq, turmoil in the Ukraine, and China's building up of it's strategic oil reserves are likely to contribute to higher prices as well.

OXY
82.05-0.19(-0.23%)Dec 26 4:02 PMEST

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