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Energy coming back a bit today

Posted on 6/24/22 at 10:29 am
Posted by j1897
Member since Nov 2011
3568 posts
Posted on 6/24/22 at 10:29 am
Please, everyone drive your vehicles around in circles. Or just burn gas in a barrel, i don't care. I need to get out of some bad trades :)
Posted by Triple Bogey
19th Green
Member since May 2017
5985 posts
Posted on 6/24/22 at 10:41 am to
Same. Still in a pretty well defined uptrend though.

Have patience.

Posted by nolaks
Member since Dec 2013
1135 posts
Posted on 6/24/22 at 10:50 am to
There are 84 boats in the emerald coast billfish classic this weekend, each will burn 1K gallons min.
Posted by Turf Taint
New Orleans
Member since Jun 2021
6010 posts
Posted on 6/24/22 at 1:41 pm to
Just asked Putin to fire a nuke for you.
Posted by BadatBourre
Member since Jan 2019
741 posts
Posted on 6/24/22 at 3:02 pm to
One hurricane in the gulf with any size to it, and prices increase over night. If any refineries get damaged and have to shut down, you'll see some new 52 week highs.
Posted by Jag_Warrior
Virginia
Member since May 2015
4101 posts
Posted on 6/25/22 at 8:17 am to
quote:

Just asked Putin to fire a nuke for you.


Hopefully he’ll do it Wile E. Coyote style (straight up and straight back down) and do the world a huge favor.

I figured to have some of my BP called away with the rally awhile back. But apparently my call strikes are always right above the resistance points. Same with KMI. But the divs + call premiums make a nice yield. So I’ll keep sitting on them like a hen on an egg.
Posted by cwill
Member since Jan 2005
54752 posts
Posted on 6/27/22 at 5:57 pm to
Looks like Libya may go offline.
Posted by notiger1997
Metairie
Member since May 2009
58132 posts
Posted on 6/27/22 at 6:58 pm to
quote:

Looks like Libya may go offline.


Why is that and how much of the worlds oil supply would this be?
Posted by cwill
Member since Jan 2005
54752 posts
Posted on 6/27/22 at 8:37 pm to
I don’t know when but situation is bad. Supply is so tight right now losing any will push prices up noticeably.
Posted by GREENHEAD22
Member since Nov 2009
19603 posts
Posted on 6/27/22 at 8:51 pm to
It has been offline for a week now I thought?

Ever since Hillary "freed" Libya it has been a tribal war zone of chaos. Been offline more than online.
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