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80's GOM Oil Fam: Mid-80's Oil Glut Part Deux?
I was a little young, but all my family worked in either production or downstream. In the early 80's, the price per bbl was trading...- Houston Process Dude Replied
- 6 replies
- 2,640 views
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CCP holding back virus data . . . . . . Spanish Flu 1918 MUTATED, Came in 3 waves, Lasted 14 months and killed upward 5% World population
Hoping warm weather brings relief. BUT NOBODY HONESTLY KNOWS. XI JINPING MUST END VIRUS DATA SECRECY. After the Spanish Flu mutated it became extremely virulent. It subsided...- BLA Replied
- 272 replies
- 94,338 views
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Saudi oil cuts are a joke. If you want to control supply cut exports.
Oil industry is cutting production around the world now. They have to , the storage is filling up. Which company has more storage around the...- BLA Replied
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- 908 views
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What is all this "cut" talk. A 10mm bbl cut is like pissing in the ocean. Nobody will notice.
Oil rallied upon mention of cuts. That's just naked shorts covering. Scares them a bit. Might bounce a little more on signing of an agreement...- BLA Replied
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- 1,365 views
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Oil Plunges: Prolific basin found on Teen’s face
https://thestonkmarket.com/oil-plunges-prolific-basin-found-on-teens-face/ Houston – The price of oil fell dramatically on Tuesday as a new prolific basin was discovered on teen’s face. Gunner Kitchen, 16-year-old teen, is...- Mikhail Bakunin Replied
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Free market or Freeloading off the work of others?
Perhaps it's been commented on in other discussions (I don't read them all), and educate me if I'm off base, but Trump's/USA's unwillingness to...- UNC12345 Replied
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Trump will meet with executives in the energy industry to discuss the impact of COVID-19
Today, President Donald J. Trump will meet with executives in the energy industry to discuss the impact of COVID-19 and recent developments in energy...- Tom Kirkman Replied
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- 28,210 views
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Does the Federal Government and Oil & Gas Commissions need to tell the oil and gas industry to cut production
There is an unprecedented drop in oil demand in the United States by over 3 million bbls and production was in the 10 million...- JoMack Replied
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Saudis want to cut production for 90 days. Of course they do. Cutting production is a Straw Man argument. It's the Exports that put Supply on the market.
Oil industry is cutting production around the world now. They have to , the storage is filling up. Which company has more storage around the...- BLA Replied
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- 1,096 views
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Visualizing US Oil & Gas Production (Through December 2019)
This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions in this article, please use the interactive...- shaleprofile Replied
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Mr
Kind Attention:All Oil Majors/OPEC Authorities We could see in history that such slow down and fall of fossil fuels demand & prices.We are very much...- saudiaramco
- shell
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- MAIN MAST MARSEC.PVT.LTD Replied
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What If ‘We’d Adopted A More Conventional Response To This Epidemic?’
https://dailycaller.com/2020/04/02/tucker-carlson-shutdown-strategy-coronavirus/ Tucker Questions Severity Of Shutdown Strategy: What If ‘We’d Adopted A More Conventional Response To This Epidemic?’- coronavirus
- covid 19
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- ronwagn Replied
- 66 replies
- 29,424 views
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Real Death Toll In CCP Virus May Be 12X Official Toll
https://www.theepochtimes.com/real-death-toll-in-wuhan-might-be-12-times-official-figure-ashes-urns-tell-us_3289749.html Real Virus Death Toll in Wuhan Could Be 12 Times Official Figure BY NICOLE HAO March 29, 2020 Updated: March 30, 2020- death toll
- ccp virus
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- ronwagn Replied
- 32 replies
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Shale financial info.
Story: recently I've been watching a small Canadian shale company that's had questionable earnings. They had questionable earnings because wells under produced due to...- Rob Kramer Replied
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US Saudi relations according to russian newspaper Kommersant
Let me suggest you reading a long interesting article from biggest russian bussiness newspapaper Kommersant about US Saudi relations The article below discusses the current...- Tomasz Replied
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China Prepares To Close ‘Oil Deal Of A Lifetime’ In Iraq
I'm *not* Oil Price staff. I *don't* get paid to be a moderator here. It's just that I happen to like commenting about oil & gas. ...- Tom Kirkman Replied
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Trump called India this weekend and told them to cease their export ban of Hydroxychloroquine. Finally. Axios is calling out Fauci who still is in HCQ denile
It wasn't Fauci's idea. His partisan Hillary worship comes out in the end. He sent Hillary a personal email after her loss stating "we...- BLA Replied
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TRUMP pushing Hydroxychloroquine + Zpak therapy forward despite FDA conservative approach. As he reasons, "What have we got to lose ?"
Today Trump moves ahead with a promising therapeutic that could control the virus by summer. When Trump first asked about the availability of HCQ +...- trump
- chloroquine
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- BLA Replied
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Saudis and Russia want U.S. to join cuts. Production cuts never worked. It's a Saudi con game. If you want to cut supply must cut exports. I have a plan.
In addition to U.S. participation Russia wants the sanctions dropped. Hopefully Trump doesn't fall for this ploy. First let's talk some rough estimates. Today Russia,...- bloomberg energy
- reuters oil news
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- BLA Replied
- 3 replies
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Word from DC the "Oil Diplomats" are negotiating a deal. Could culminate in Friday meeting and agreement that includes all G20 countries
I can confirm there are talks amongst the G20 Energy Ministers. From the sounds of it I'm guessing it may contain some type of price...- BLA Replied
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Trafigura CEO Weir says, "We will see 30% to 35% drop in demand". That amounts to 35mm bbls/day glut ! OPEC+ 10 mm cut won't fix it. It's a DEMAND problem.
The OPEC+ Cut helps but hardly makes up for demand loss. It's not a supply problem at this time. It's the DEMAND. Said the OPEC+ cuts...- BLA Replied
- 6 replies
- 3,220 views
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China to Start Buying Oil for State Reserves After Crash
China to Start Buying Oil for State Reserves After Crash https://www.bloomberg.com/news/articles/2020-04-02/china-to-start-buying-oil-for-state-reserves-after-price-crash?fbclid=IwAR04YmL-SfBiYLNbeuqdJcojsNrqDiYM_aPjZagJxuxjpZnP6Jj6ds2Ndj4- ceo_energemsier Replied
- 1 reply
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Trump says he may use tariffs on oil imports to protect U.S. Energy Jobs
A bit too late. U.S. Oil & Gas sector is already getting decimated. The silver lining to this mess might be if U.S. kept more of...- Tom Kirkman Replied
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The idea that electric cars are lowering demand is ridiculous.
The idea that electric cars are lowering demand is ridiculous. Electric cars haven’t made a dent, just a small scratch in oil demand. Electric...- MASTERMIND Replied
- 35 replies
- 17,729 views
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Russia's Rosneft Oil Company announces termination of its activity in Venezuela
Unexpected news. Posting article in full, because the Sputnik website seems to be having difficulties. Russia's Rosneft Oil Company Announces Termination of Its Activity in...- Tom Kirkman Replied
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- 15,460 views
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- Ward Smith Replied
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Oil Extends Gains As OPEC Leaders Call Emergency Meeting To Discuss Trump Production Cuts
Key bit of the article bolded below. Oil Extends Gains As OPEC Leaders Call Emergency Meeting To Discuss Trump Production Cuts Global oil prices extended gains...- Tom Kirkman Replied
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- 991 views
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Saudi Aramco struggling to raise money for this year's dividend of $75 billion. Now trying to sell their pipelines for $10 billion.
Tough with $22 brent Their pipeline is vulnerable to attack for 100's of miles. Why would someone want to invest in such a risky asset,...- BLA Replied
- 25 replies
- 9,735 views
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Oil up on the hopes to an end to price war. A price war that never existed and never would.
India just declared Force Majeure with Saudi Arabia oil. Don't need anymore oil. Don't want anymore. Saudi exports to U.S. last week dropped in half. Supposedly...- BLA Replied
- 3 replies
- 1,718 views