Originally Posted by Bassmaster96
They claim several years. I think cost of production is like $12 per barrel. But their budget requirements are much higher. not sure of the price
They claim several years. I think cost of production is like $12 per barrel. But their budget requirements are much higher. not sure of the price
Thanos was the hero
This is looking worse and worse. You can get BA at under 95 now
If you listened to Bill Ackman then were are not heading into a recession but a Depression. Of course he probably has some short positions
If you listened to Bill Ackman then were are not heading into a recession but a Depression. Of course he probably has some short positions
He was pretty depressed himself. I think what he did was irresponsible, but he probably gets insights into things that the public doesn't get.
Thanos was the hero
How long do you guys think this will go on? Which oil stocks are/will you be buying?
I’ve had Exxon for years, but I don’t like it now. I don’t think I would buy any oil company stocks now. The only stock that has been worse for me was KMLP.
So you think this is going to hurt them for quite a while?
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