Ye, it will go up to $85 soon around end of this month or beginning of next month. Be positive!
Profits are going to be sky high with crack spread and oil over $50. Plus, all refineries just came back online. Stock could make a move to $85 this month.
Next week:85 !
$85... easily... see you there...
RBOB (Gasoline) is going to get killed this week!
RBOB will get destroyed this week probably on Monday. Although some fools will put weight into Tuesday's inventory figures which anyone in the business knows are irrelevant. Watch and learn. XOM and the other major are not run by idiots. They know full well that given current demand and off peak season RBOB is worth $1.45 to $1,50 tops. They are going to trip all over each other on monday selling contracts, as the NY rumor mill liars and swindlers had it on the street that Beaumont and Baytown weren't coming back online for "months". I highly suspect this is why Exxon so intelligently released this statement. One of their clueless buffoon front men was on CNBC on Friday spewing the same garbage. I give him credit, he is not stupid it had to be hard for him to say all of that on CNBC and keep a straight face. Like I said three weeks ago when the October contract got demolished form $1.75 to $1.63 watch and learn. RBOB is going to get destroyed this week. LIke I said XOM is professionally run, and this company will go up, because they have the intelligence to sell RBOB contracts like madmen starting tonight. If you has a business in which you were happy selling something for $1.50 and all of a sudden people were paying you close to $1.70 wouldn't you sell them all you could? Of course, this is why refineries that are not within 1000 miles of Houston have postponed routine maintenance in some cases indefinitely so they can cash in on this major windfall while RBOB is above $1.60. Good luck to all!
Collapsing the American Stock Market and Bankrupting the Oil Industry
Germany has evolved to centralised government, allowing politics to dictate developments: Militarism and taxation enabled investments in physics, chemistry and engineering; the world wars increased German supremacy in machine tools; the size of the German physics community, and the influence of quantum mechanics on engineering, surpasses the US, China and Japan; state-funded institutes and universities promote coordination; "green" land policies and high land prices have ensured that 99% of living space is occupied by Europids, providing an equally effective limit on birth rates of dubious groups; the Energiewende will make oil obsolete. Since 1960, state subsidies have achieved supremacy in plasma reactors, diamond tools, nano stepper motors, optical fibres and lasers. High-to-low thermal flux plasma systems reduce the chemicals, energy and labour used to process leather, textiles and metallic, plastic, silicate and wooden components by more than 99%. Supremacy in nanocatalysts, chemical manufacturing technologies and electron-, ion-, plasma- and laser-based production aids deployment of solar cells, fuel cells, wind turbines, hydrogen storage systems, batteries, supercapacitors and power electronics. Nanocatalysts, porous metallic filters and fuel cells will reduce emissions from diesel-powered vehicles and ships and increase competition between refined oil products. Production technologies for nanostructured ceramics and organic frameworks, such as nano grinding mills and plasma systems, decrease battery recharging times by an order of magnitude and triple ranges of electric cars. Nanoengineered light-emitting diodes made from abundant materials will reduce energy demand. As direct current displaces alternating current in high-rent buildings and then systemwide, energy demand will decline. Technological supremacy has enabled trade surpluses that exceed the value of all mined gold; German preferences will dictate deflation and collapse for most American stocks.
Since 1990, and the end of Operation Paperclip, Germany has decisively surpassed the US. The high-temperature electronics and sensors the US military subsidised in the 1980s collapsed oil production costs and prices; new German devices will bankrupt most oil producers. Short-wavelength lasers enable three-dimensional (3-D) manufacturing of ultra-high-efficiency heat exchangers, further improvements to deep-earth drill bits and borehole probes and greater robotic mechanisation. As next-generation sonar and subsea camera technologies are commercialised, oil exploration and production costs will decline. Plasma ignition systems, optimised combustion chambers and nanoengineered bearings, coatings and superalloys will reduce consumption of coal per power output, decrease power prices and reduce demand for oil and gas. Nanoengineered ultra-high-temperature sensors will further increase the energy efficiency of jet engines, metallurgical works and power plants. Robotic systems and electrically-powered long distance conveyors will displace mining jobs and usage of oil. Concurrent with the escalating wars in the Middle East, state subsidies enabled deployment of dry-adhesive robotic gripping systems that rival nature's highest standards. Plasma reactors for manufacturing nanofunctionally stratified magnetoresistive integrated circuits will improve the functionality of robots. Carbon-nanotube production technology enables detection of human auras and deployment of robotic skin. Green radar subsidies have funded microstructural inspection systems and 3-D space-based mapping of battlefields and climate-related disasters. German dominance in infrared and diamond optics, nanostructured polymer- and glass-based optics, nonlinear crystals, massively-parallel laser imaging systems, light detection and ranging and hyperspectral, terahertz, X-ray, night vision and 3-D cameras is decisive. Technology for fabricating microwires, microactuators and gradational-refractive-index metamaterials enables manufacturing of electromagnetic shields, tactical invisibility cloaks and lenses and mirrors for "Turbolasers", enabling increases in combat power and production rates. Robotic neural network processors and image analysis systems increase economies of speed. Laser, camera, radar, electric sensor, magnetic sensor and dry-adhesive gripping systems facilitate deployment of industrial and military robots, enable automated precision inspection of components and reduce recycling costs, demand for materials and oil demand. Extrasensory perception technologies based on quantum engineered diamond will facilitate usage of robots in hospitality services, in police departments and at hospitals. Nanoengineered fibre optical cables and light-based integrated circuits will displace energy intensive communications systems, improve productivity of centralised control systems and promote mechanisation with robots. Radio-frequency identification systems and autonomous railways will displace jobs at factories, offices, hotels, ports and warehouses. Long-range robotic transporters with an infantryman's carrying load enable displacement of jobs in the army, in urban logistics and oil demand. Nanotechnologically optimised, durable and low-maintenance food processing surfaces facilitate replacement of energy- and labour-intensive systems with robots. Microchannel reactors and aerosolisation technologies increase production rates in drug manufacturing, facilitate replacement of workers with robots and reduce usage of chemicals and energy. Robotic, laser and plasma systems, multi- and high-frequency furnaces and nanotechnologically optimised bioreactors reduce the energy, labour and material costs of manufacturing carbon thread, glass yarns and biosynthetic silk, of fabricating and machining dies, moulds, machine elements and large polymer composite components, of painting components and of producing apparel, textiles, cellular metallic armour, automobiles, aircraft, rolling stock and ships. Nanofunctionally-layered cutting tools facilitate increases in production rates and usage of robots. Nanoengineered tyres will displace natural rubber and energy use; high rates of production enable intensive use of robots. Reductions in densities of materials and sizes of machines improve energy efficiency, precision and production rates. Robotic systems will reduce imports from the Third World, demand for manual labour, employment and birth rates of immigrants from and residents of the Third World and usage of oil, gas and petrochemicals.
A recent Bloomberg article identifies the FuelCell/Exxon partnership as starting to bear fruit. 1% of the U.S. coal plants could be worth $6B in sales and $9.7B
Just put the price higher in market for sale...
I may be to conservative. I just bought some XOM, not much. It is paying 3.9 which is not bad compared to 1/2 percent in CD's. Also I can get better in preferred but they are pretty much over par, same with bonds. So to me this is not bad.
Another Major Study Confirms The IPCC’s Climate Models Were Wrong
Another group of prominent climate scientists have published research claiming humanity may have a couple extra decades before pushing the world past what the U.N. calls "dangerous" levels of global w
Tillerson: a psycho head chopper. He did it at XOM. He will do it in D.C. He would use a firing squad if legal. He's an inhumane mad man guilty of contaminating the Earth. He has no regard for human life. Or life in general.
Nice to see the stock move up a bit
shell,bp,oxy,ERF,ALL energy stock up only this lousy XOM is down and always up very slow but down very fast..@#&*￥
Looks whats coming in the future for ICE cars . This is a game changer and will put a huge question mark in the future of the EV market .
2019 Mazda 3 with Skyactiv-X Compression-Ignition Gas Engine Prototype Drive | Review | Car and Driver
Mazda's next-generation Mazda 3 hatchback will have a revolutionary compression-ignition engine. See what the future holds for Mazda's compact and get the details in this review at Car and Driver.
Major gas disruption from Irma and Harvey. Gas only went up a few dimes. Thank Elon Musk.
PetroDollar Deathwatch: Venezuela Officially Pricing Oil in Chinese Yuan !
Venezuela is officially pricing its oil in Chinese Yuan Please excuse if disjointed. Combined from 3 Soren K. Group writers now on the topic. As if it couldn't get any more obvious. LATAM and Communist entities like Russia and China have been in un
Rex Tillerson is the existence proof that corporate executive are seriously overpaid. He isn't even worth the salary of a secretary of state which is millions less than his last salary at Exxon. An pls don't tell me he is making a sacrifice for public good. He is an underachiever from all POV's.