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 > Oil headed for 70 bucks s barrel. Here we go.

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GDS-3950BH

DC

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Posted: 01/03/20 12:52pm Link  |  Print  |  Notify Moderator

Yosemite Sam1 wrote:



You might have missed the nuances of the topic.

Short-term oil and gas prices will spike due to the Iran-Iraq vs US conflict.

Long-term, global demand weak, oil and gas is a dying industry.

Alternative energy is the future. And no, the sky is not falling but indeed very bright and hopeful.


No sir, did not miss anything, but I was paying attention and not on the bus to Fantasyland with you. [emoticon]

Alternative Energy is in the future, actually in the present, but you'll not see the end of oil and gas nor will your grandchildren.

2oldman

Ca

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Posted: 01/03/20 01:00pm Link  |  Print  |  Notify Moderator

GDS-3950BH wrote:

you'll not see the end of oil and gas nor will your grandchildren.
Nobody's predicting the *end*, just a whole lot less reliance.

Yosemite Sam1

Under the pines.

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Posted: 01/03/20 01:10pm Link  |  Print  |  Notify Moderator

2oldman wrote:

GDS-3950BH wrote:

you'll not see the end of oil and gas nor will your grandchildren.
Nobody's predicting the *end*, just a whole lot less reliance.


Anyone scaring someone here with the "end" times? Anybody? Buller is that you?[emoticon][emoticon]

Or someone must be hearing voices.[emoticon]

2 Retired

Montross, Virginia

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Posted: 01/03/20 01:14pm Link  |  Print  |  Notify Moderator

what we need is a good, old-fashioned WAR to bring this country together - NOT!


Two young retirees restless to GO!
Life is too short to wait too long to do all we want to do!!
Go and enjoy!!

ford truck guy

Pennsylvania

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Posted: 01/03/20 01:20pm Link  |  Print  |  Notify Moderator

we cannot sit back worried about oil prices while American lives were at risk... We are better off now then we have been in a long time with our oil, that should not make our decisions for us.


Me-Her-the kids
2015 Ford F350 SD 6.7
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2oldman

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Posted: 01/03/20 01:24pm Link  |  Print  |  Notify Moderator

A really good way to put a severe hamper on terrorism is to buy Zero oil from mid-east countries.

Yosemite Sam1

Under the pines.

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Posted: 01/03/20 01:25pm Link  |  Print  |  Notify Moderator

ford truck guy wrote:

we cannot sit back worried about oil prices while American lives were at risk... We are better off now then we have been in a long time with our oil, that should not make our decisions for us.


And it doesn't make sense for us to still be guarding that oil shipping lanes and exposing our young men and women in harms way when all they while the administration is crowing about our oil and gas self-sufficiency.

2oldman

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Posted: 01/03/20 01:28pm Link  |  Print  |  Notify Moderator

Yosemite Sam1 wrote:

And it doesn't make sense for us to still be guarding that oil shipping lanes and exposing our young men and women in harms way when all they while the administration is crowing about our oil and gas self-sufficiency.
x2

Reisender

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Posted: 01/03/20 01:31pm Link  |  Print  |  Notify Moderator

2oldman wrote:

Yosemite Sam1 wrote:

And it doesn't make sense for us to still be guarding that oil shipping lanes and exposing our young men and women in harms way when all they while the administration is crowing about our oil and gas self-sufficiency.
x2


A little googling on the outlook for shale oil might explain things a bit. Not good.

https://www.google.ca/amp/s/www.business........01-02-us-shale-oil-running-out-of-steam/

Tyler0215

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Posted: 01/03/20 01:35pm Link  |  Print  |  Notify Moderator

Oil goes up and down every say of the week.

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