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Post by clinton on Jan 9, 2016 17:30:24 GMT -5
Oil rig count slides by 20 to start 2016 Jan 8 2016, 13:28 ET | By: Carl Surran, SA News Editor Contact this editor with comments or a news tip U.S. oil rig count fell by 20 to 516 following last week's decline of just two, in the seventh decline in eight weeks in the Baker Hughes weekly survey.The total active U.S. rig count, which includes natural gas rigs, fell 34 to 664; since last year, the total rig count has fallen by 1,086 while the oil rig count is down 905.In the past year, the oil rig count fell 64% from 1,421, while the total rig count dropped 62% from 1,750.
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Post by clinton on Jan 12, 2016 11:10:21 GMT -5
Petrobras cuts five-year investment plan by 25%
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Post by clinton on Jan 13, 2016 10:54:47 GMT -5
ClintonSPX $USO US consumes 18M bar a day, a 220K build is about 20 min of consumption. something to ponder
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Post by clinton on Jan 13, 2016 11:05:39 GMT -5
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Post by clinton on Jan 19, 2016 10:35:20 GMT -5
Chinese oil demand probably hit a record high in 2015
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Post by novie08 on Jan 19, 2016 11:14:56 GMT -5
Chinese oil demand probably hit a record high in 2015 See post in the lounge...Armstrong says it will never see another intraday high. NEVER!
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Post by clinton on Jan 21, 2016 9:40:21 GMT -5
Chinese oil demand probably hit a record high in 2015 See post in the lounge...Armstrong says it will never see another intraday high. NEVER! never is a long time
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Post by clinton on Jan 21, 2016 9:43:55 GMT -5
Most likely scenario for oil recovery
global over supply (according to oil analyst on bloom) is 2% right now
Most expensive oil on the planet is Canadian Tar sands (cant drill a well and let it pump)
When these get shut down oil prices will float up.
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Post by clinton on Jan 21, 2016 9:52:52 GMT -5
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Post by clinton on Jan 25, 2016 3:16:23 GMT -5
OMNI says buy oil for the first time since it was 103
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Post by clinton on Jan 26, 2016 13:27:47 GMT -5
USO +8% is that right? holy chit
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Post by clinton on Jan 28, 2016 9:42:37 GMT -5
oscars omni is amazing that looks like the last dip was its buy signal......I hope
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Post by clinton on Feb 1, 2016 10:31:20 GMT -5
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Post by clinton on Feb 5, 2016 14:20:57 GMT -5
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Post by novie08 on Feb 5, 2016 18:17:49 GMT -5
RU Kidding ME? O wants $10/BBL oil tax. "It's the right thing to do". Oh, thanks for destroying what's left of the middle class.
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Post by clinton on Feb 7, 2016 12:56:22 GMT -5
RU Kidding ME? O wants $10/BBL oil tax. "It's the right thing to do". Oh, thanks for destroying what's left of the middle class. I support $20 import tariff. otherewise all our drillers will go broke. we still import 8M a day I think is the number
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Post by jacksrbtr on Feb 8, 2016 12:40:49 GMT -5
RU Kidding ME? O wants $10/BBL oil tax. "It's the right thing to do". Oh, thanks for destroying what's left of the middle class. Sorry about the Panthers Novi - something's rotten in Denmark with that game.
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Post by clinton on Feb 26, 2016 21:11:46 GMT -5
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Post by novie08 on Feb 27, 2016 20:40:39 GMT -5
RU Kidding ME? O wants $10/BBL oil tax. "It's the right thing to do". Oh, thanks for destroying what's left of the middle class. I support $20 import tariff. otherewise all our drillers will go broke. we still import 8M a day I think is the number That isn't the way I read it but would support import tariffs as long as domestic isn't taxed. Not sure the affect at the pump in that scenario. Also support no imports at all. I thought we were beginning to export?
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Post by clinton on Feb 29, 2016 10:55:12 GMT -5
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