What's new
By:

Anyone invested in the market

Dr. Jones

Dr. Jones

In pursuit of #9
Contributor
Just a suggestion.

Watch the junk bond market.

With oil plunging it will most assuredly affect (negatively) the junk bonds. That will almost assuredly foster in a stock market crash (of some substantial magnitude).

Possibly even worse news.. I just saw that Russia has offered (to OPEC) to help stabilize oil prices by limiting its amount of export in favor of domestic drilling.. and OPEC declined. Why? (Enter mere speculation)

OPEC is threatened by our (U.S.) own domestic drilling. We are now the largest oil producer on the planet. Yes, bigger than Saudi Arabia or Russia. What OPEC knows, though, is how much more expensive it is for us to tap shale oil and the cost of fracking. Might OPEC be bringing down oil prices to a sustainable level for its middle eastern countries and hold their for long enough to put U.S. operations out of business? (Along with a monumental collapse of employment and investments in the sector)

I'll leave it at that after just one more thing.

The United States has always been tough as nails militarily, but I feel that we the people are less resilient, more entitled, and far less determined than any time in our history. I feel like we are unwilling to be survivors, to be inconvenienced for a time for the sake of a brighter more sustainable future. Like fat hogs to the slaughter.

It's time to play hardball and time for us to come out from hiding behind our military and toughen up ourselves.
 
Interesting take! I wonder how long The Saudis can continue producing at current prices when you consider that their economy is so heavily leveraged in oil? Surely they can produce it more efficiently than Americans, but their single industry economy is still going to be much more strained against the current price environment than the US's.
 
PKM said:
Just a suggestion.

Watch the junk bond market.

With oil plunging it will most assuredly affect (negatively) the junk bonds. That will almost assuredly foster in a stock market crash (of some substantial magnitude).

Possibly even worse news.. I just saw that Russia has offered (to OPEC) to help stabilize oil prices by limiting its amount of export in favor of domestic drilling.. and OPEC declined. Why? (Enter mere speculation)

OPEC is threatened by our (U.S.) own domestic drilling. We are now the largest oil producer on the planet. Yes, bigger than Saudi Arabia or Russia. What OPEC knows, though, is how much more expensive it is for us to tap shale oil and the cost of fracking. Might OPEC be bringing down oil prices to a sustainable level for its middle eastern countries and hold their for long enough to put U.S. operations out of business? (Along with a monumental collapse of employment and investments in the sector)

I'll leave it at that after just one more thing.

The United States has always been tough as nails militarily, but I feel that we the people are less resilient, more entitled, and far less determined than any time in our history. I feel like we are unwilling to be survivors, to be inconvenienced for a time for the sake of a brighter more sustainable future. Like fat hogs to the slaughter.

It's time to play hardball and time for us to come out from hiding behind our military and toughen up ourselves.
Click to expand...

You would be the one to break this down like a basketball team going for the March Madness title.

We are a fascist nation fed on the punch-drunk media and "educational" propaganda about world idealism/UN governance, which is uberfascist because all UN committees and personnel are bought and paid for corporate cronies, just like all our federal government agency personnel. If you're cheering for BLM you're not cheering for human rights. Sorry if you work for the BLM and I'd like to give you credit for any help you care to give for either actually caring for the wild lands or the people's interests in them. . . . . I just don't want archaelogists sifting through the sands where St. George now stands trying to explain what happened to this culture.

The reason the oil price plunged goes to the NATO move in Ukraine and Russia's resistance to being "frozen" out of it's Black Sea ports, and our breach of the nuclear armament accords regarding Ukrainian independence including the promises given that Ukraine would never become a Western colonial asset under the NATO flag.

Our oil cartel-owned, Big Pharma-owned, Rockefeller-owned, Military Industrial-Owned government is ramping up for a new world war to deflect our Big Banker unstable "Pump and Dump" Stock Market and Derivative-drunk speculation bubble operators. This goes back to the Bank Bailout and Quantitative Easing Ad Nauseum and Europe's inability to float their socialist government payola society without seizing and incorporating "young flesh" in their corrupt schemes of sticking it everyone else. . . . . Just like in those Cyprus and Greek financial crises where the government seized private deposits in the bank to make up for bad debt basically coming from the cradle-to-grave dependence on government debt/fiat currency/central economic control which the uber corporates use to enrich themselves.

We're trying to trim Russia's sails any way we can, and we're pressuring our oil cartel cronies to play ball. Russia, meanwhile, has fixed their economy pretty good and hold significant gold reserves, just like China, and there is a serious move towards aligning Brazil, Russia, India and China as a new economic partnership not controlled by the US. Russia will sell its oil to China and India, which is why we're in Afghanistan preventing actual construction of the oil pipeline, and why we are bending over backwards and spreading our cheeks to Iran right now as well.

I love it that I can buy my gas on the cheap, but I know this is really a gas war, and won't last.
 
babe said:
You would be the one to break this down like a basketball team going for the March Madness title.

We are a fascist nation fed on the punch-drunk media and "educational" propaganda about world idealism/UN governance, which is uberfascist because all UN committees and personnel are bought and paid for corporate cronies, just like all our federal government agency personnel. If you're cheering for BLM you're not cheering for human rights. Sorry if you work for the BLM and I'd like to give you credit for any help you care to give for either actually caring for the wild lands or the people's interests in them. . . . . I just don't want archaelogists sifting through the sands where St. George now stands trying to explain what happened to this culture.

The reason the oil price plunged goes to the NATO move in Ukraine and Russia's resistance to being "frozen" out of it's Black Sea ports, and our breach of the nuclear armament accords regarding Ukrainian independence including the promises given that Ukraine would never become a Western colonial asset under the NATO flag.

Our oil cartel-owned, Big Pharma-owned, Rockefeller-owned, Military Industrial-Owned government is ramping up for a new world war to deflect our Big Banker unstable "Pump and Dump" Stock Market and Derivative-drunk speculation bubble operators. This goes back to the Bank Bailout and Quantitative Easing Ad Nauseum and Europe's inability to float their socialist government payola society without seizing and incorporating "young flesh" in their corrupt schemes of sticking it everyone else. . . . . Just like in those Cyprus and Greek financial crises where the government seized private deposits in the bank to make up for bad debt basically coming from the cradle-to-grave dependence on government debt/fiat currency/central economic control which the uber corporates use to enrich themselves.

We're trying to trim Russia's sails any way we can, and we're pressuring our oil cartel cronies to play ball. Russia, meanwhile, has fixed their economy pretty good and hold significant gold reserves, just like China, and there is a serious move towards aligning Brazil, Russia, India and China as a new economic partnership not controlled by the US. Russia will sell its oil to China and India, which is why we're in Afghanistan preventing actual construction of the oil pipeline, and why we are bending over backwards and spreading our cheeks to Iran right now as well.

I love it that I can buy my gas on the cheap, but I know this is really a gas war, and won't last.
Click to expand...

What did i just read?
 
PKM said:
OPEC is threatened by our (U.S.) own domestic drilling. We are now the largest oil producer on the planet. Yes, bigger than Saudi Arabia or Russia. What OPEC knows, though, is how much more expensive it is for us to tap shale oil and the cost of fracking. Might OPEC be bringing down oil prices to a sustainable level for its middle eastern countries and hold their for long enough to put U.S. operations out of business? (Along with a monumental collapse of employment and investments in the sector)

I'll leave it at that after just one more thing.
Click to expand...

The lower prices might kill some of the quick buck artists in North Dakota; but as a whole this will have little impact on the emerging oil markets in the United States. I recently read an article that said the larger US Oil Corps will be able to extract oil through current processes and still turn a profit with prices as low as $20 a barrel. If this is true then it won't matter what type of deal Russia tries to make with OPEC - they're fracked; plain and simple.

As far as the Saudis are concerned they've thrived at prices lower than $20 a barrel and they'll continue to thrive in this market.
 
babe said:
You would be the one to break this down like a basketball team going for the March Madness title.

We are a fascist nation fed on the punch-drunk media and "educational" propaganda about world idealism/UN governance, which is uberfascist because all UN committees and personnel are bought and paid for corporate cronies, just like all our federal government agency personnel. If you're cheering for BLM you're not cheering for human rights. Sorry if you work for the BLM and I'd like to give you credit for any help you care to give for either actually caring for the wild lands or the people's interests in them. . . . . I just don't want archaelogists sifting through the sands where St. George now stands trying to explain what happened to this culture.

The reason the oil price plunged goes to the NATO move in Ukraine and Russia's resistance to being "frozen" out of it's Black Sea ports, and our breach of the nuclear armament accords regarding Ukrainian independence including the promises given that Ukraine would never become a Western colonial asset under the NATO flag.

Our oil cartel-owned, Big Pharma-owned, Rockefeller-owned, Military Industrial-Owned government is ramping up for a new world war to deflect our Big Banker unstable "Pump and Dump" Stock Market and Derivative-drunk speculation bubble operators. This goes back to the Bank Bailout and Quantitative Easing Ad Nauseum and Europe's inability to float their socialist government payola society without seizing and incorporating "young flesh" in their corrupt schemes of sticking it everyone else. . . . . Just like in those Cyprus and Greek financial crises where the government seized private deposits in the bank to make up for bad debt basically coming from the cradle-to-grave dependence on government debt/fiat currency/central economic control which the uber corporates use to enrich themselves.

We're trying to trim Russia's sails any way we can, and we're pressuring our oil cartel cronies to play ball. Russia, meanwhile, has fixed their economy pretty good and hold significant gold reserves, just like China, and there is a serious move towards aligning Brazil, Russia, India and China as a new economic partnership not controlled by the US. Russia will sell its oil to China and India, which is why we're in Afghanistan preventing actual construction of the oil pipeline, and why we are bending over backwards and spreading our cheeks to Iran right now as well.

I love it that I can buy my gas on the cheap, but I know this is really a gas war, and won't last.
Click to expand...

Not sure how you got into your thick skull that I am pro-BLM (whatever that means), but if anything, I am anti. I think the BLM has no jurisdiction. I don't lose sleep over it.. not a cause to take up.. but seeing FEDERAL agencies wielding weapons against Americans to protect our land.. is not good, IMO.

And I agree why the oil prices have fallen.. but I think there are more artificial reasons why it will continue or at least remain.
Congrats on saving $8 on a fill up.

(I say all this tongue-in-cheek because I value you as one that IS strong, resilient, and determined.

candrew said:
The lower prices might kill some of the quick buck artists in North Dakota; but as a whole this will have little impact on the emerging oil markets in the United States. I recently read an article that said the larger US Oil Corps will be able to extract oil through current processes and still turn a profit with prices as low as $20 a barrel. If this is true then it won't matter what type of deal Russia tries to make with OPEC - they're fracked; plain and simple.

As far as the Saudis are concerned they've thrived at prices lower than $20 a barrel and they'll continue to thrive in this market.
Click to expand...

I haven't read that or heard of anything remotely similar.. and hope that's true (about our ability to produce on the cheap).

Thanks for sharing.
 
candrew said:
The lower prices might kill some of the quick buck artists in North Dakota; but as a whole this will have little impact on the emerging oil markets in the United States. I recently read an article that said the larger US Oil Corps will be able to extract oil through current processes and still turn a profit with prices as low as $20 a barrel. If this is true then it won't matter what type of deal Russia tries to make with OPEC - they're fracked; plain and simple.

As far as the Saudis are concerned they've thrived at prices lower than $20 a barrel and they'll continue to thrive in this market.
Click to expand...

Interesting that youve heard $20 a barrel, it seems quite a bit lower than what I've been hearing. I guess nobody knows for sure until this thing stabilizes. But if it is as low as 20 then my guess would be that it only counts for the best wells already in production.

I agree with you that it will be interesting to see what the Saudis do. If it goes down to $20 a barrel, their government will have difficulties balancing their budget. My guess is theyll be able to hold market share before the price gets that low but thats just speculation.
 
Sorry, didnt mean to sound like a dick. Just been wanting to use that line for awhile. Solid article, thanks for sharing.
 
It'll be fun to see widespread fracking **** up every rural aquifer in the continental U.S., effectively rendering rural living inhospitable. 30% of US freshwater is groundwater.

Best way to 'toughen up' and flip the bird to OPEC is by reducing our dependence on fossil fuels. Plain and simple.
 
dalamon said:
It'l be fun to see widespread fracking **** up every rural aquifer in the continental U.S., effectively rendering rural living inhospitable. 30% of US freshwater is groundwater.

Best way to 'toughen up' and flip the bird to OPEC is by reducing our dependence on fossil fuels. Plain and simple.
Click to expand...

QuinSnydersHair said:
^
Finally, someone gets it.
Click to expand...

Finally? I've been saying it for years, and I'm a moron. Most smart people have been saying it for decades.
 
dalamon said:
It'll be fun to see widespread fracking **** up every rural aquifer in the continental U.S., effectively rendering rural living inhospitable. 30% of US freshwater is groundwater.

Best way to 'toughen up' and flip the bird to OPEC is by reducing our dependence on fossil fuels. Plain and simple.
Click to expand...

While I really don't think that's my kind of "fun", I think this is a serious issue. Fracking methods essentially fracture underground rock formations and mobilize whatever oil is entrapped in these formations. If you think it's "nice" to just pour oil out in your back yard, or in your city municipal watersheds, you're OK with drinking oil, a "fun" sort of way to get cancer. It also stinks and tastes pretty awful but I dunno, maybe if you're drunk enough that really doesn't matter.

The flip side of that argument is we let trees fall in the forests, and leaves, and whatever else there is, just sit there in our pristine "nature" and slowly turn to oil residues, and with the help of bacteria it comes out smelling like the woods we know, and we go there to enjoy "fresh" air and inhale campfire smoke and eat charred marshmallows.

In general, I view politicized "science" the same way I regard nations controlled by priests. An influential book with me came back in the seventies, it was called "The New Brahmins" and was all about how scientists were become a sort of high priesthood for statists.
 
babe said:
While I really don't think that's my kind of "fun", I think this is a serious issue. Fracking methods essentially fracture underground rock formations and mobilize whatever oil is entrapped in these formations. If you think it's "nice" to just pour oil out in your back yard, or in your city municipal watersheds, you're OK with drinking oil, a "fun" sort of way to get cancer. It also stinks and tastes pretty awful but I dunno, maybe if you're drunk enough that really doesn't matter.

The flip side of that argument is we let trees fall in the forests, and leaves, and whatever else there is, just sit there in our pristine "nature" and slowly turn to oil residues, and with the help of bacteria it comes out smelling like the woods we know, and we go there to enjoy "fresh" air and inhale campfire smoke and eat charred marshmallows.

In general, I view politicized "science" the same way I regard nations controlled by priests. An influential book with me came back in the seventies, it was called "The New Brahmins" and was all about how scientists were become a sort of high priesthood for statists.
Click to expand...

You are simply awesome. The awesomest.
ZERO tongue in cheek.
 
dalamon said:
It'll be fun to see widespread fracking **** up every rural aquifer in the continental U.S., effectively rendering rural living inhospitable. 30% of US freshwater is groundwater.

Best way to 'toughen up' and flip the bird to OPEC is by reducing our dependence on fossil fuels. Plain and simple.
Click to expand...

The best way is to go nuclear, in the highest, cleanest, safest way we can. Cold fusion, anyone?
 
You must log in or register to reply here.

Share this page
Back
Top