Reservoir_Dog wrote:I gotta tell you, Slick ... these pearls you're dropping have peaked my interest.
I've started doing some research and I have my portfolio manager putting something together for me to have a look at.
Initially, it passes the smell test.
Check yer shoes R_D...
Related: Forget $20 - Oil Prices At $8 Per Barrel In Canada
While low energy prices are thought to provide a boost to the global economy as consumers benefit from lower costs, there are growing signs that the dramatic collapse in oil prices – so sudden and so severe – is actually creating economic headwinds. The oil and gas industry spent $200 billion on drilling, refining, and new equipment in 2013, and the sharp cutback in spending is being felt beyond just the oil patch. Last week Wood Mackenzie estimated that $380 billion worth of oil and gas projects were scrapped by the industry.
In The New York Times on January 16, Paul Krugman explored the issue. Oil and gas companies start to have liquidity problems when oil prices crash by 70 percent in less than two years. The drop off in spending hurts broader industrial activity. Meanwhile, oil-producing countries like Saudi Arabia have to undertake painful austerity.
you really don't know what you're babbling about, Pud. Funny that the guy from Delaware understands how the oil business works, and the guy from Texas is clueless, but that is life, I suppose.
Pudfark wrote: Mon May 29, 2017 11:15 am
I live in Texas....you live in America.
Reservoir_Dog wrote:I gotta tell you, Slick ... these pearls you're dropping have peaked my interest.
I've started doing some research and I have my portfolio manager putting something together for me to have a look at.
Initially, it passes the smell test.
Check yer shoes R_D...
Related: Forget $20 - Oil Prices At $8 Per Barrel In Canada
While low energy prices are thought to provide a boost to the global economy as consumers benefit from lower costs, there are growing signs that the dramatic collapse in oil prices – so sudden and so severe – is actually creating economic headwinds. The oil and gas industry spent $200 billion on drilling, refining, and new equipment in 2013, and the sharp cutback in spending is being felt beyond just the oil patch. Last week Wood Mackenzie estimated that $380 billion worth of oil and gas projects were scrapped by the industry.
In The New York Times on January 16, Paul Krugman explored the issue. Oil and gas companies start to have liquidity problems when oil prices crash by 70 percent in less than two years. The drop off in spending hurts broader industrial activity. Meanwhile, oil-producing countries like Saudi Arabia have to undertake painful austerity.
Reservoir_Dog wrote:I gotta tell you, Slick ... these pearls you're dropping have peaked my interest.
I've started doing some research and I have my portfolio manager putting something together for me to have a look at.
Initially, it passes the smell test.
Check yer shoes R_D...
Related: Forget $20 - Oil Prices At $8 Per Barrel In Canada
While low energy prices are thought to provide a boost to the global economy as consumers benefit from lower costs, there are growing signs that the dramatic collapse in oil prices – so sudden and so severe – is actually creating economic headwinds. The oil and gas industry spent $200 billion on drilling, refining, and new equipment in 2013, and the sharp cutback in spending is being felt beyond just the oil patch. Last week Wood Mackenzie estimated that $380 billion worth of oil and gas projects were scrapped by the industry.
In The New York Times on January 16, Paul Krugman explored the issue. Oil and gas companies start to have liquidity problems when oil prices crash by 70 percent in less than two years. The drop off in spending hurts broader industrial activity. Meanwhile, oil-producing countries like Saudi Arabia have to undertake painful austerity.
Fuck, you're stupid.
Fuck, you're stupid and poor.
Don't worry...Slick's buy more stock in Exxon...
Pudfark wrote:
Fuck, you're stupid and poor.
Don't worry...Slick's buying/byeing more stock in Exxon...
Apple Canada Prices Hiked As Dollar Slumps
The tech giant has announced that it is raising prices in its app store as the loonie has dropped to 69 cents against the U.S. greenback (it was around $0.82 a year ago).
Old Pudfark sez: " Not to worry R_D..just import another hundred thousand muzzies and you'll feel....just as rich as Slick. "