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Post Info TOPIC: Oil, and gas news...
Uke


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RE: Oil, and gas news...
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We're at damn near 'full' employment right now. Plus the overall economy is in good shape. Trump's stupidity with these tariffs on everybody, including our allies, Canada, the EU, and China have no basis, or rationale as far as 'national security' threats. What the hell?

Anyway with all these stocks ripe for the picking, and prices so ridiculously low, ya gotta buy in! There's a shitload of info on any one of these outfits. Just click on the symbol listed. The dividends are what interests me. My biggest mistake? Selling ANDV when it hit $110.00! BIG mistake! It's over $130 now.

Check 'em out. They're all cheap! Oil hasn't died, or faded out. Nope! Not by a long shot!

https://www.marketwatch.com/story/here-are-the-hottest-us-oil-stocks-of-2018-2018-05-07



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Uke


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Call it what you will. The latest DROP in oil prices on the major markets, hit damn near everybody who either explores for, drills for, and produces oil.

Call it the Trump Slump! That's more than likely due to the fat slob imposing more (as if we haven't fucked with Iran enough already!), and extreme sanctions on the republic... No wonder they hate us! But Trump's attempts to slam the door on Iran's oil industry may backfire on him. Why? They've already found ways to export much of their production.

https://money.cnn.com/2018/07/16/investing/oil-prices-plunge/index.html

I'm staying put on my oil plays, despite the fat slob, and his know nothing stupidity!



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Force Majeure

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The episode where Poster *** invites everyone for a swim aboard his sinking ship.

There's a lose/lose situation going on right now where the cabal struggles to keep prices very low.

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Uke


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The lose/lose scenario that you describe, and that OPEC (The cabal) fights to drive prices down IS a loss, loss, loss situation for the bloc.There's absolutely no reason for the group to produce  more oil and bring it to market at lower prices. That makes no sense at all.

Although you may not view the current situation as green/buy signals, that's fine. Don't touch it. Stay out of oil! There's nothing of interest for you, nor profits. That is denying the obvious. That damn near everything depends on oil. Nothing moves without oil. Diesel fuel powers ships, trains, trucks, planes... '

You of all people at this joint know this as well as anybody here. I'm NOT forcing you, or any other member of this joint to invest in oil. Just think about it. Think about it because compared to all other asset classes (gold, silver, diamonds, steel, aluminum, corn, wheat, coffee, sugar,or other commodities), including bonds, real estate, stocks, etc.

For years, and years you've heard the old 'buy low, sell high(er)' rant, right? Well now's the time to buy. Stocks of oil companies are cheap right now. But they won't stay low forever. You're guaranteed to make your cost back, plus a few bucks back when prices climb again, which they will before long. Don't believe me. I don't know anything about anything. I'm just talking to myself.

https://oilprice.com/

Read some of this or don't.  Ther's more than a few clues about the topic, like it or don't.



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