Dirt cheap now? Time for you to go out and buy a diesel F-350 Mega...
[Moral of the story? Never, ever, ever bet against the ingenuity and adaptability of the USA and its economy]
I recently went for an interview at a small oil well tool maker in Texas. The founder was talking to me and said the country should
be called "The united states of ingenuity". He was referring to a report he had read that a US oil producer had figured out how to be
profitable at $25/barrel. He thought that Saudi Arabia had shot itself in the foot by overproducing, and we discussed whether
the motivation was to drive American producers out of business or bankrupt Russia.
Last edited by Polish_Silver; 09-30-16 at 09:29 AM.
Opinions expressed herein are those of the posters, not those of iTulip, Inc., its owners, or management. All material posted on this board becomes the intellectual property of the poster and iTulip, Inc., and may not be reposted in full on another website without the express written permission of iTulip, Inc. By exception, the original registered iTulip member who authored a post may repost his or her own material on other sites. Permission is hereby granted to repost brief excerpts of material from this forum on other websites provided that attribution and a link to the source is included with the reposted material.
Nothing on this website is intended or should be construed as investment advice. It is intended to be used for informational and entertainment purposes only. We reserve the right to make changes, including change in price, content, description, terms, etc. at any time without notice. By using this board you agree that you understand the risks of trading, and are solely responsible for your own investment and trading decisions. Read full legal disclaimer.
Journalists are not permitted to contact iTulip members through this forum's email and personal messaging services without written permission from iTulip, Inc. Requests for permission may be made via Contact Us.
Objectionable posts may be reported to the board administrators via Contact Us.
Re: peek oil...........what the Hell happened?
Originally Posted by GRG55
Dirt cheap now? Time for you to go out and buy a diesel F-350 Mega...
Reply With Quote
Bookmarks