Oil Headed to $65 a Barrel. Dec 2024.

[White 6]

Not too sure.
View attachment 1049841

By the way. For those that are challenged by graphs. This one shows the last 30 days of price for crude oil, and it is not a steadily descending graph. I realize some like to make predictions base on a daily. I'm just not one of them.

Crude Oil Prices Today | OilPrice.com

Crude oil prices & gas price charts. Oil price charts for Brent Crude, WTI & oil futures. Energy news covering oil, petroleum, natural gas and investment advice

oilprice.com

 

[Winco]

By the way. For those that are challenged by graphs.

BTW White 6

I wasn't making any predictions.
I absolutely KNOW how to read graphs.

Your Green Graph had NO labels.

What do this non-Labeled Graph even suggest??????

 

[Robert W]

I only post FACTS Robert W

So your lame post is just that........LAME.
I object because you added ZERO to the thread.
I'm posting FACTS about OIL Prices......... then you chime in with

If you support my OP, then say it.
If you think you 'added' anything new..............LOOLLLOLLLL

I helped you. That is my thanks. Why don't you like reading facts from the public domain?

 

[White 6]

BTW White 6

I wasn't making any predictions.
I absolutely KNOW how to read graphs.

Your Green Graph had NO labels.

View attachment 1049847

What do this non-Labeled Graph even suggest??????

1M is for 1 month of changing levels, and the subject was oil prices. Try the one year at that link. It migh make you feel better since it peaked at the end of April.

 

[Robert W]

By the way. For those that are challenged by graphs. This one shows the last 30 days of price for crude oil, and it is not a steadily descending graph. I realize some like to make predictions base on a daily. I'm just not one of them.

Crude Oil Prices Today | OilPrice.com

Crude oil prices & gas price charts. Oil price charts for Brent Crude, WTI & oil futures. Energy news covering oil, petroleum, natural gas and investment advice

oilprice.com

White 6, you made a lot of sense. I posted a site that talks about crude oil prices and found nothing at all to support Winco. Then he got pissed at me.

 

[Robert W]

By the way. For those that are challenged by graphs. This one shows the last 30 days of price for crude oil, and it is not a steadily descending graph. I realize some like to make predictions base on a daily. I'm just not one of them.

Crude Oil Prices Today | OilPrice.com

Crude oil prices & gas price charts. Oil price charts for Brent Crude, WTI & oil futures. Energy news covering oil, petroleum, natural gas and investment advice

oilprice.com

That is a very good site you posted White 6. I like dealing in facts.

 

[excalibur]

Only miscreants and malcontents spew blasphemy about our beloved Trump.

I understand there will be firing squads, per Leigh McGowan.

Will they be live broadcasted?

 

[Robert W]

https://finance.yahoo.com/news/oil-headed-to-65-per-barrel-in-2025-amid-ample-supply-bofa-says-200608682.html

True or False?
A Yahoo article......so thoughts.

Drill Baby Drill.

Prices went up. So false.

 

[Robert W]

I only post FACTS Robert W

So your lame post is just that........LAME.
I object because you added ZERO to the thread.
I'm posting FACTS about OIL Prices......... then you chime in with

If you support my OP, then say it.
If you think you 'added' anything new..............LOOLLLOLLLL

Will you listen to White 6 and what he posts here?

 

[Winco]

I helped you. That is my thanks. Why don't you like reading facts from the public domain?

Great Job Robert.
Wow.

White 6, you made a lot of sense. I posted a site that talks about crude oil prices and found nothing at all to support Winco. Then he got pissed at me.

What did I post that contradicted the POST you posted LATER?
I'm confused about the "Pissed Part" Robert W

That is a very good site you posted White 6. I like dealing in facts.

That is ALL I POST, is FACTS.
Was my post, Robert W , not factual?

 

[White 6]

White 6, you made a lot of sense. I posted a site that talks about crude oil prices and found nothing at all to support Winco. Then he got pissed at me.

The key for the last 5 years is not what we do or produce. We're kicking ass. The ongoing problem is not about drill baby drill, though could be related to refine baby refine, as our refining capacity and age of our refineries, along with the ones shut for various reasons in the last, has had an effect. More modern refineries are hugely expensive and take 5 years plus to get on line. At the same time, oil industry also competes with expanding renewables. So, nobody in a hurry to increase refine capacity.

But, the snag is the lower production levels of the other oil producing countries, to control volume on international market, in order to keep supplies lower, worldwide, to keep price up. They can get better price at lower volume, at significantly lower cost. Could one or more of them outproduce us with relative ease? Yes. Is it in their financial interest to do so? No.

So, here we are with historic production in our country, selling on the international market, while the other oil producing countries (some government controlled) withhold from the market, have lower labor, construction, drilling and oil related infrastructure cost, but getting premium dollar, and have the ability to raise price at whim.

This is just my take on it.

It be complicated.

 

[Winco]

Will you listen to White 6 and what he posts here?

I do FACTS Robert.
You believe otherwise.
I'm not sure why.

Tell me the difference between what I posted, What you posted, and what White posted.

 

[yidnar]

Also, large numbers of them definitely did not. Doesn't matter. Have you had an epiphany after an election, and decided, based on the results, you were wrong about your vote, even before they took office? I doubt it.

did you when the candidate you voted for was replaced with Harris ?

 

[Robert W]

I do FACTS Robert.
You believe otherwise.
I'm not sure why.

Tell me the difference between what I posted, What you posted, and what White posted.

White 6 and I told you facts. That oil prices went up. They do not seem headed down today. We agree, White and 6. Why don't you agree given he and I posted facts for you?

 

[White 6]

did you when the candidate you voted for was replaced with Harris ?

No. I was still picking the lesser of two weevils.

 

[JGalt]

I'm NOT arguing one way or the other.
Just posting.

I want this as a reference to future LIES by the trump cult about 'anything' oil related.

Is this a lie?

 

[Robert W]

The key for the last 5 years is not what we do or produce. We're kicking ass. The ongoing problem is not about drill baby drill, though could be related to refine baby refine, as our refining capacity and age of our refineries, along with the ones shut for various reasons in the last, has had an effect. More modern refineries are hugely expensive and take 5 years plus to get on line. At the same time, oil industry also competes with expanding renewables. So, nobody in a hurry to increase refine capacity.

But, the snag is the lower production levels of the other oil producing countries, to control volume on international market, in order to keep supplies lower, worldwide, to keep price up. They can get better price at lower volume, at significantly lower cost. Could one or more of them outproduce us with relative ease? Yes. Is it in their financial interest to do so? No.

So, here we are with historic production in our country, selling on the international market, while the other oil producing countries (some government controlled) withhold from the market, have lower labor, construction, drilling and oil related infrastructure cost, but getting premium dollar, and have the ability to raise price at whim.

This is just my take on it.

It be complicated.

We are on the same page White 6 .

Refineries are very difficult to build thanks to Biden's attack on oil. He wants me and you to drive electric powered cars over a bogus issue. Biden believes Americans control climate. I do not agree based on what scientists tell us.

Biden was wrong to tell Americans his plans included forcing oil companies to shut down. Then how would me or you act if we wanted to build a refinery? We can search the globe and locate much cheaper fuels sold in other countries than the USA sells it for. And they stay in business.

 

[Robert W]

No. I was still picking the lesser of two weevils.
View attachment 1049877

Harris proved she has no ability to Govern. Nothing in her resume sounds like she has a clue. She denied being the Border Czar after Biden put her in charge. She said she went to see the Border in South America. She is not competent at all. She is worse than the lesser of two weevils.

 

[Robert W]

I'm NOT arguing one way or the other.
Just posting.

I want this as a reference to future LIES by the trump cult about 'anything' oil related.

Lies you claim about us? When you pull this on everybody, don't you think it will bite you in the ass? White 6 gave a good account. I did not see you telling him he was right though you saw me agreeing with him!!!

 

[Winco]

We are on the same page @White 6 .

Ok, what I posted was Yahoo's prediction.
Is that clear?

I made NO claims about current or future price.

Robert W is just looking for a fight.

Congrats to Robert W and White 6 for posting FACTS.
I LOVE FACTS.

Tell me at Robert W where I strayed from the FACTS?