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Oil Crash

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  • agstar77
    Senior Member
    • Jul 2001
    • 6181

    Oil Crash

    When Putins war is over and Russia implodes , Russia will be giving oil away to repair Ukraine and the Russian economy.
  • errolanderson
    Senior Member
    • Jan 2012
    • 3124

    #2
    Russian oil can be replaced in the world . . . India and China may be getting a deal.

    Comment

    • jazz
      Senior Member
      • Jul 2018
      • 9308

      #3
      It will take at least 12 months to 2 yrs to replace russian oil.

      Russia will be integrated into a new eurasia trading block and wont care what the west does.

      Joe will be in the pudding line before any oil is replaced.

      Comment

      • bucket
        Senior Member
        • Jan 2008
        • 17027

        #4
        Oil crash????Maybe , you would never know it by the price of gasoline. 1.789

        Comment

        • agstar77
          Senior Member
          • Jul 2001
          • 6181

          #5
          Originally posted by jazz View Post
          It will take at least 12 months to 2 yrs to replace russian oil.

          Russia will be integrated into a new eurasia trading block and wont care what the west does.

          Joe will be in the pudding line before any oil is replaced.
          Putin will be offed by his own KGB. Good luck to Russia getting supplies for pipe until reparations are made and war crimes are settled.

          Comment

          • blackpowder
            Senior Member
            • Feb 2010
            • 9266

            #6
            There will be a day when this is all a memory in the oil trading world for those who have it to sell.

            Comment

            • errolanderson
              Senior Member
              • Jan 2012
              • 3124

              #7
              Gold also ratcheting down 7 percent from recent highs seen 10 days ago. Break below $1,900 suggests possible move toward $1,800 per oz. We’ll see . . . .

              Comment

              • Sodbuster
                Senior Member
                • Mar 2017
                • 1126

                #8
                Good buying opportunities for oil stocks, still a bargain. Most companies are making money at $60, at $80 they are rolling in the money.

                Comment

                • jazz
                  Senior Member
                  • Jul 2018
                  • 9308

                  #9
                  My energy portfolio is up double digits this year. And the cash flow parade hasnt even started yet.

                  Oil will be in triple digits for the foreseeable future.

                  But you are welcome to invest in Trudeaus own green scam.

                  https://www.canada.ca/en/department-finance/news/2022/03/canada-publishes-green-bond-framework-in-advance-of-inaugural-issuance.html

                  Who in their right mind buys govt bonds and even better yet who will buy govt green bonds. I will stick with oil and gas and hopefully Alberta separation soon.

                  Comment

                  • jazz
                    Senior Member
                    • Jul 2018
                    • 9308

                    #10
                    Who do you trust? chuck or warren?

                    Investors and banks are going to miss out on the biggest supercycle our planet has ever seen.

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