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  3. I'm sure he knows what he's doing. Just like I'm sure he has a golden parachute in his contract if he falls anyway.
  4. This compensation plan is against everyone's interest but Musk's. And we are talking about 2.6 billion in government subsidies. For some reason he is completely immune to public scrutiny for profiting off the tax payers. If he ran an oil company he would be in jail.
  5. He is a master in this business. Knows everything about technology and got more than enough confidence to not lose in this game. He knows what he's doing.
  6. Notice how his compensation plan hinges on market value instead of revenue since all of Musk's companies are insanely unprofitable.
  7. Musk's compensation is greater than Tesla's gross profits.
  8. Steam power springs to mind....we all know what revolution that started.
  9. whereas I could just spend my days writing about the new energy source. can we think of any other similar global shift away from something in history?
  10. If oil was made redundant over night by some fantastic new energy source, it would still take years to implement. It would how ever cause an economic down turn like the world has never seen, millions out of work, including myself.
  11. Yeh, I thought that may be an issue but the violence was in the North of the country from the ELN, were as these operate in the south. It just looks too cheap at the minute which is making me nervous as to why, if the big boys know something the PI's don't. Guess I will keep holding till end of the year as the fundamentals look too good, hopefully not get egg on my face! Anyone got any other oil plays? With Brent flirting with $70 oil stocks look unloved and undervalued at the minute.
  12. Investors approved $2.6 billion 10-year compensation plan for Musk. Plan is very simple - it will be realized only if he makes a success with Tesla.
  13. Going by how several economies are being run by oil and non-oil producing countries spending a huge chunk of their budget on importing oil to .run their industries thus creating fortunes out of this liquid gold.How would the world likely be without this precious commodity playing a roll in her economies?
  14. Yesterday
  15. The market sure does like this Iran/Saudi business.
  16. I'd love to be in the courtroom too--then I'd be an expert in climate change. Then I would write a definitive article on the subject, and close it for commenting since of course that would be that.
  17. Gulf Of Mexico oil lease sale--disappointing results, or typical results? Proof of damp enthusiasm for GoM areas, or just spin?
  18. Iran able to perform refinery maintenance now and is moving to decrease gasoline imports--a huge deal for them. Where do they import it from now?
  19. Iran able to perform refinery maintenance now and is moving to decrease gasoline imports--a huge deal for them. Where do they import it from now?
  20. Lowest levels since 1987, as OPEC continues to cut production. But is this OPEC-driven.. really? I mean the U.S. overall oil imports were at a low last month.
  21. Hmmm.. I don't know anything specifically about that company, or when Rex lowered his stake. But I do know that Colombia's oil production dipped in February (reported just recently) after an uptick in violence.
  22. Or any charging, for that matter. It's like rolling out a cell phone without providing the charger [gasp]
  23. This is a bit easier to do for governments that can just snap their fingers and make it happen. Not so much when voting taxpayers have to back it (and pay for it). People love to latch on to the cause celeb, but love less paying for it (or re-electing the official that backed some legislation in support of it).
  24. Not many would have predicted such a quick return to $70 oil, I was expecting it to go closer to $55. The Saudi/Iran and the USA/Iran subjects have thrown a spanner in the works with regards to futures. Where it goes from here is anyone's guess, hopefully US shale doesn't ramp up and drive price down but with the decline rates worsening from producing wells hopefully they make the same mistakes of the past. $70 oil is good for everyone, but the fear that this could drop to $40 again is worrying if over supply becomes an issue again.
  25. No, I think the stock is held up by a hard core of emotional fans, who associate Musk with the future, sort of like Trekkies with investment money to spend. That said, I do not have a position.
  26. Zuckerberg is on a thin ice right now with investors who are concerned about their systematic mismanagement.
  27. " Specifically, between April 2011 and November 2013, a Venezuelan state-owned energy company, at the direction of Sadr and others, made approximately 15 payments to the Iranian International Housing Corporation through two separate entities, totaling approximately $115,000,000." Since 2013 assuming office of President of Venezuela. Previously served under President Hugo Chávez as Minister of Foreign Affairs from 2006 to 2013 and as Vice President of Venezuela from 2012 to 2013. So, Maduro has to know quite enough about this corruption and money laundring scandal.
  28. Zuckerberg on Facebook: "We have a responsibility to protect your data, and if we can't then we don't deserve to serve you. I've been working to understand exactly what happened and how to make sure this doesn't happen again. The good news is that the most important actions to prevent this from happening again today we have already taken years ago. But we also made mistakes, there's more to do, and we need to step up and do it." He needed 5 days to come up with this?
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