william the wie
Gold Member
- Nov 18, 2009
- 16,667
- 2,402
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Big la nina coming.
A huge increase in number of hurricanes in the east and a gigantic fire season in the west.
$32/bbl oil
The pipelines now under construction should reduce Marginal Costs by at least 50%. Advances in drilling and seismic interpretation will reduce costs even further.
(the basic data is from today's MarketWatch with cross checks from other sources such as oil price.com.)
derivative Projections
China's attempt to seize possible oil fields in the South China Sea during a secular decline in oil prices will in retrospect be seen as one of the dumbest moves ever.
Iran will reach world markets right in the middle of the worst decline ever.
A huge increase in number of hurricanes in the east and a gigantic fire season in the west.
$32/bbl oil
The pipelines now under construction should reduce Marginal Costs by at least 50%. Advances in drilling and seismic interpretation will reduce costs even further.
(the basic data is from today's MarketWatch with cross checks from other sources such as oil price.com.)
derivative Projections
China's attempt to seize possible oil fields in the South China Sea during a secular decline in oil prices will in retrospect be seen as one of the dumbest moves ever.
Iran will reach world markets right in the middle of the worst decline ever.