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Just now, pinky tuscadero said:

Just click where it says 'Oil' in my post.

Any word, or string of words, that is blue and underlined is a hotlink and will automatically take you to the linked website.

Sure, you win the thread.

(Admin delete or merge my thread)

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1 hour ago, Boges said:

I'm seriously considering buying Oil Stock. 

This is an astonishing buy low scenario. How can it get any lower than zero? 

It says it went negative today. The effort to reconcile the monthly price for oil. Starting tomorrow it would go back up to the real price.

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Just now, OftenWrong said:

It says it went negative today. The effort to reconcile the monthly price for oil. Starting tomorrow it would go back up to the real price.

Regardless, it's a completely temporary scenario (one would think). No one is using oil right now, because no one is allowed to. 

If I was the tin-foil hat kind of person, I would suggest this whole COVID-19 thing is an elaborate Short. 

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6 minutes ago, Boges said:

Regardless, it's a completely temporary scenario (one would think). No one is using oil right now, because no one is allowed to.

Reports that some oil companies will go bankrupt. the fear is again worse than the reality.
It feels like someone is playing this shit.

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1 minute ago, OftenWrong said:

Reports that some oil companies will go bankrupt. the fear is again worse than the reality.
It feels like someone is playing this shit.

No one is really expecting Oil to be the power source of the future anyway. 

If capacity is permanently reduced then you could see prices spike again. Also justifying the reduced demands long term (due to energy efficiency) 

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5 minutes ago, Boges said:

No one is really expecting Oil to be the power source of the future anyway. 

If capacity is permanently reduced then you could see prices spike again. Also justifying the reduced demands long term (due to energy efficiency) 

The price of oil and US dollar are linked, as is the value of many other industries that depend on oil. It's not just what happens at your gas tank. In any case if we are to drop oil as the power source of the future, it would be nice to do it in a controlled way. Not out of control like this. It's an example of the reckless approach we are taking without a plan.

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3 hours ago, OftenWrong said:

The price of oil and US dollar are linked, as is the value of many other industries that depend on oil. It's not just what happens at your gas tank. In any case if we are to drop oil as the power source of the future, it would be nice to do it in a controlled way. Not out of control like this. It's an example of the reckless approach we are taking without a plan.

Did you imagine the spectacle we're seeing now is what serious climate change activists were planning for or is this sunny-ways in comparison?

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37 minutes ago, eyeball said:

Did you imagine the spectacle we're seeing now is what serious climate change activists were planning for or is this sunny-ways in comparison?

I imagine it's either a conspiracy or we are all just really, really stupid. But not to worry. I won't use you as a point of reference, as it's clear you've been spazzed right out the nut by all this.

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6 minutes ago, eyeball said:

...said the conspiratard. :lol:

That's ok. You do your thing, I'll do mine. You keep laughing. I'll keep pointing out how this is a very serious problem for lots of people, those who are underprivileged and who don't have a voice. So not like you in other words.

Yes you keep right on laughing. I'll keep pointing out how cancer patients are waiting months longer to have a blood transfusion, people will suffer more, and die earlier. Their families will suffer along with them. Meanwhile the virus wards are barely being utilized, and in some cases not at all. People who dying are denied seeing their kin. All kinds of stories like that, all kinds. But I know you don't want to hear it, so you keep right on laughing. Better yet, why don't you break out into another of your hysterical tirades. Go on, give us another one, laughing boy. I'll keep on pointing out that very soon there will be a tidal wave shitstorm heading your way, on multiple dimensions and a thousand feet high. You are being spared it for now, but the system won't be able to hide it much longer. So in the meantime ...

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3 hours ago, OftenWrong said:

That's ok. You do your thing, I'll do mine. You keep laughing. I'll keep pointing out how this is a very serious problem for lots of people, those who are underprivileged and who don't have a voice. So not like you in other words.

Yes you keep right on laughing. I'll keep pointing out how cancer patients are waiting months longer to have a blood transfusion, people will suffer more, and die earlier. Their families will suffer along with them. Meanwhile the virus wards are barely being utilized, and in some cases not at all. People who dying are denied seeing their kin. All kinds of stories like that, all kinds. But I know you don't want to hear it, so you keep right on laughing. Better yet, why don't you break out into another of your hysterical tirades. Go on, give us another one, laughing boy. I'll keep on pointing out that very soon there will be a tidal wave shitstorm heading your way, on multiple dimensions and a thousand feet high. You are being spared it for now, but the system won't be able to hide it much longer. So in the meantime ...

You and the political and socio-economic causes you carry spittle for are the shitstorm.

I was pointing at the fault lines that would trigger that tidal wave way back when you were still a little girl in pigtails.  Frankly speaking, after years of listening to people like you LYSAO and ignoring what you were doing my radii of concerned seriousness has shrunk to that which encompasses my clan and region.  And I take these pretty seriously.  You OTOH can piss off and catch a disease for all I care. Hopefully that was you waving the Give me Freedom or Give me COVID-19 placard at the Kamikaze rally I saw on TV today. 

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If I had the space to store them, I'd buy like a hundred thousand barrels and sell them at $50 dollars a barrel a year or two from now. :lol:

Edited by Shady
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On 4/20/2020 at 3:15 PM, Boges said:

I'm seriously considering buying Oil Stock. 

This is an astonishing buy low scenario. How can it get any lower than zero? 

I bought a few million barrels of oil and they gave me an oil super tanker at no extra charge!  My only issue is, who can I sell it too? And I don't know how to run a large ship.

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8 hours ago, New World Disorder said:

I bought a few million barrels of oil and they gave me an oil super tanker at no extra charge!  My only issue is, who can I sell it too? And I don't know how to run a large ship.

Where is that tanker of yours parked now? Hey, I have a drivers licence. I could run the ship for you. I might take out a few docks in the beginning but I am a fast learner!. Let's get together over a barrel of oil soon, okay? ;)

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On 4/20/2020 at 1:45 PM, OftenWrong said:

It says it went negative today. The effort to reconcile the monthly price for oil. Starting tomorrow it would go back up to the real price.

Maybe the price has started to go up already. Last week here in the lower mainland of Vancouver gas sold for around 86 cents a liter. Today it is now at 95 cents a liter. It should be down to around 70 cents a liter or even less at today's price of a barrel of oil.  Sadly, 40% of whatever price is at the pumps is for taxes.  :unsure:

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On 4/20/2020 at 1:45 PM, OftenWrong said:

It says it went negative today. The effort to reconcile the monthly price for oil. Starting tomorrow it would go back up to the real price.

I have done very well investing my money in taxes because every year those taxes always keep going up. I am now reaping the rewards and I am now getting dividends from that money that I invested in taxes in the form of OAS government paychecks every month. The greatest investment that I have ever made.  ;) 

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