Oil Slide Worries Traders. *relax* This Should Get Sorted by Year End.

9 hours ago, NWMan said:

It is rude to build a wall.  Is Trump not a big enough of a deterrent himself?

?

I disagree.

The facts do support that a wall will work VERY WELL.

Silly to say is rude..!.

Is it rude for me to have a privacy fence ?

a front door ?

 

there is an old saying  "GOOD FENCES MAKE GOOD NEIGHBORS"...

 

We need the wall.

Israel's wall stops 99.9%.

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On 1/8/2019 at 10:19 PM, Razoo said:

Argue all you want. I do not agree that he is broadly correct on much, maybe a few things, and what is “narrative and direction” please elaborate.

 

It is not about a calculating loudmouth, it is about a rude impetuous unethical liar. The art of the deal is nothing more than bait and switch. When he made his pitch for the border wall under the pitiful guise of a press conference he looked like a bald white supremacist in a wig. He is currently using the government shut down as a bargaining chip to the detriment of the USA and the individuals who keep it working, all for something that is probably a waste of money.

 

 If he was threatened with a BB gun he would undoubtably use his family as human shields. 

i disagree with every single point you have made.

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On ‎1‎/‎12‎/‎2019 at 12:49 AM, Illurion said:

?

I disagree.

The facts do support that a wall will work VERY WELL.

Silly to say is rude..!.

Is it rude for me to have a privacy fence ?

a front door ?

 

there is an old saying  "GOOD FENCES MAKE GOOD NEIGHBORS"...

 

We need the wall.

Israel's wall stops 99.9%.

The general narrative from America to Mexico is rude.  To announce a wall without some form of agreement with Mexico is rude, to say constantly that Mexico will pay for it is rude, to then claim they have already paid for it during trade negotiations is rude.  To use Israel's disgraceful wall as an example is rude. 

It is important in life as an individual and a nation not to be rude.  Ask your Mexican friends if they think America has been rude.

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2 hours ago, NWMan said:

The general narrative from America to Mexico is rude.  To announce a wall without some form of agreement with Mexico is rude, to say constantly that Mexico will pay for it is rude, to then claim they have already paid for it during trade negotiations is rude.  To use Israel's disgraceful wall as an example is rude. 

It is important in life as an individual and a nation not to be rude.  Ask your Mexican friends if they think America has been rude.

A wall is "rude"?  That's your argument?  Really?

Illegal immigration, human trafficking and drug trafficking is far more "rude" and illegal than a wall.

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11 minutes ago, Tom Kirkman said:

A wall is "rude"?  That's your argument?  Really?

Illegal immigration, human trafficking and drug trafficking is far more "rude" and illegal than a wall.

You are correct people involved in drug trafficking and human trafficking are "more rude" than the American president, however his actions are still rude and disrespectful to Mexico.  He is obviously setting a high standard for himself soaring like a eagle above the moral standards of drug trafficker.

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On RBG, it's time she go gracefully out into the world like Sandra Day O'Conner.  Dying in office is not a good way to end your career.

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Tom mentioned that reinstatement of the full authority of the RRC would provide discipline for the short sighted shale producers. A problem with the RRC is that in the past the commission has run interference for E&Ps in disputes with leaseholders over royalty payments; making it more costly for leaseholders to contest payments. 

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 What happened the RRC?

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22 hours ago, NWMan said:

The general narrative from America to Mexico is rude.  To announce a wall without some form of agreement with Mexico is rude, to say constantly that Mexico will pay for it is rude, to then claim they have already paid for it during trade negotiations is rude.  To use Israel's disgraceful wall as an example is rude. 

It is important in life as an individual and a nation not to be rude.  Ask your Mexican friends if they think America has been rude.

You are delusional.

What America builds on America's side of the border is none of Mexico's business.

America does not need Mexico's permission to do anything...

Nor do we have to discuss it with them...

 

As for what the Mexicans think of Americans,  as Rhett Butler said to Scarlet Ohara in  "Gone With The Wind",   "Frankly My Dear,  I Don't Give A Damn."9_9

 

When i replaced my chain link fence with a Privacy Fence decades ago,  do you actually think i went next door and asked my neighbors for their permission ?

NO..   i didn't...  I just started building it one Saturday afternoon...

 

And do you know what my neighbors response was ?

Two of them came over and helped me build it,  and within the year,  i was helping them install theirs ...!

 

I'll bet you 10 bucks that within 5 years of us finishing the "GREAT WALL OF THE AMERICAS",  that Mexico will be trying to get us to build a wall for them on their Southern border.

And no doubt silly people like you will be telling us we are somehow "obligated" to do it....

 

Wake up...

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1 hour ago, Illurion said:

You are delusional

You are delusional. rude

What America builds on America's side of the border is none of Mexico's business. - rude

America does not need Mexico's permission to do anything...correct but rude

Nor do we have to discuss it with them...rude

 

As for what the Mexicans think of Americans,  as Rhett Butler said to Scarlet Ohara in  "Gone With The Wind",   "Frankly My Dear,  I Don't Give A Damn." - rude

 

When i replaced my chain link fence with a Privacy Fence decades ago,  do you actually think i went next door and asked my neighbors for their permission ?

NO..   i didn't...  I just started building it one Saturday afternoon...-rude

 

And do you know what my neighbors response was ?

Two of them came over and helped me build it,  - not rude

 

I'll bet you 10 bucks that within 5 years of us finishing the "GREAT WALL OF THE AMERICAS",  that Mexico will be trying to get us to build a wall for them on their Southern border. - delusional

And no doubt silly people like you will be telling us we are somehow "obligated" to do it....rude

 

Wake up...rude

No Mexican friends then!

Anyway we are miles away from the subject of oil and we obviously have different views on things

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1 hour ago, NWMan said:

rude

Illegal is far worse than "rude".

"In the last 7 years (in Texas), over 4,000 illegal aliens have been incarcerated for sexual assault. 62% of them are sexual assault against children."

- John Jones, Chief of the Intelligence Counter-terrorism Division with the Texas Dept. of Public Safety

Also

edb905267a3daa6428980a3085a2f7f93c2e382093f3f15b4161672768862c6d.jpeg

(Article written in 2010 but exact problem we have today only worse.)

 

‘’’Sheriff Paul Babau said he asked the Obama administration for 3,000 National Guard soldiers to patrol the border, but what he got were 15 signs.’’’

Arizona Gov. Jan Brewer condemned what she called the federal government’s ‘’’“continued failure to secure our international border,” saying the lack of security has resulted in important natural recreational areas in her state being declared too dangerous to visit.’’’

Gov. Brewer attacked the administration over the signs, calling them “an outrage” and ‘’’telling President Obama to “Do your job. Secure our borders.”’’’

 

T.J. Bonner, president of the National Border Patrol Council, which represents all 17,500 of the Border Patrol’s front-line agents, said areas well north of the border are so overrun by armed criminals that U.S. citizens are being warned to keep out of those locations.

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4 hours ago, NWMan said:

You are delusional. rude

What America builds on America's side of the border is none of Mexico's business. - rude

America does not need Mexico's permission to do anything...correct but rude

Nor do we have to discuss it with them...rude

 

As for what the Mexicans think of Americans,  as Rhett Butler said to Scarlet Ohara in  "Gone With The Wind",   "Frankly My Dear,  I Don't Give A Damn." - rude

 

When i replaced my chain link fence with a Privacy Fence decades ago,  do you actually think i went next door and asked my neighbors for their permission ?

NO..   i didn't...  I just started building it one Saturday afternoon...-rude

 

And do you know what my neighbors response was ?

Two of them came over and helped me build it,  - not rude

 

I'll bet you 10 bucks that within 5 years of us finishing the "GREAT WALL OF THE AMERICAS",  that Mexico will be trying to get us to build a wall for them on their Southern border. - delusional

And no doubt silly people like you will be telling us we are somehow "obligated" to do it....rude

 

Wake up...rude

No Mexican friends then!

Anyway we are miles away from the subject of oil and we obviously have different views on things

The only mexicans i know are illegal aliens,  which is why i voted for Trump,  so we could get rid of them.

 

When i was boy,  my Father used to say:  "Son,  in life,  usually,  the first person to cry "Racism",  is the "Racist."

I suppose the same story goes for "Rudeness.",  ie:   The first person to cry RUDE,  is usually the RUDE one.

 

Have a nice day.

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On 11/26/2018 at 8:49 AM, Tom Kirkman said:

If anybody here hasn't heard my hundreds of ad nauseum comments this entire dang year about my hope for $65 oil [Brent] for 2018 and my hope for $70 oil [Brent] for 2019, please raise your hand, and I can reiterate yet again.

Meanwhile, I'll gently remind that I already warned repeatedly this year that $80 is simply not sustainable, and that the higher that oil goes above $70 then the harder the eventual crash would likely be.

And over to the news, would everyone kindly lay off guzzling the pots of coffee and stop artificially panicking.  Near as I can tell, $70 - ish oil for 2019 still seems about the right balance between the global economy and oil producers.  I hope the current over-reaction on the oil price See Saw will settle back to around $70 by end of this year or early next year.  Just my opinion; as always, you are free to disagree.

Anyway, after all my blathering, here's the Australian Financial Review for you to consider:

Oil slide rings alarm bell for global economy

Another collapse in the oil price late last week is sending worrying signals about the health of the global economy, with the picture for the commodity further clouded by supply and demand trends and the US President publicly backing lower prices.

By the end of the regular trading session on Friday, West Texas Intermediate crude had dropped 7.7 per cent to $US50.42 a barrel, while Brent crude fell 6.1 per cent to $US58.80 a barrel.

If you want $80/B then leave that frecking oil from Canada and the US out of the market ;)
Let us Norwegians and the Saudis pump Brent quality alone and its gonna be back to $100 again tomorrow

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Pumping WTI, flooding the market and driving oil prices down, all on an ever increasing credit bubble that will burst, is our own (USA) unique socialism scheme.  Kind of like TARP was except this time, the beneficiaries aren’t just corporate chrony executives at the top of the “too big to fails”. 

Where Norway and Saudi citizens are direct recipients of oil wealth whether working in oil production or not, our little scheme keeps many average joe’s willing to work hard at every point of production of WTI, employed and earning a paycheck.  From the land men and geologists, to the well-head workers, critical component transportation companies, welders on the pipeline and everything else involved in bringing the oily stuff out of the ground and to market.

When the bubble bursts the American Taxpayer will likely absorb the debt to be added to the debt we’ve already absorbed and can’t pay back.  It’s a truly genius socialistic scheme.  Let’s call it indirect socialism in that as long as we don’t initially call it socialism, instead insisting it’s the risk of loss in capitalism, who’s the wiser.  Pay now or pay later.  

It’s like ordering round after round for everyone at the bar with abandon because you have no intent or ability to pay when it’s time to tab out.  No matter, somebody else will take care of it, right.  

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On 1/13/2019 at 6:59 PM, NWMan said:

You are correct people involved in drug trafficking and human trafficking are "more rude" than the American president, however his actions are still rude and disrespectful to Mexico.  He is obviously setting a high standard for himself soaring like a eagle above the moral standards of drug trafficker.

who cares if mexico thinks something is rude. that's life and part of being an adult. how about this for rude: “In the last two years, ICE officers made 266,000 arrests of aliens with criminal records, including those charged or convicted of 100,000 assaults, 30,000 sex crimes, and 4,000 violent killings,” 

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“I hate rude behavior in a man.  I won’t tolerate it” - Captain Woodrow F. Call

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