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Started By
Message
re: Economist: Iran deal means oil @ $10-20/bbl
Posted on 7/14/15 at 11:32 pm to Thib-a-doe Tiger
Posted on 7/14/15 at 11:32 pm to Thib-a-doe Tiger
quote:
The numbers that don't exist yet support your prediction? K
What prediction have I made? That prices won't bounce back?
It's too late for that even to be a prediction of anything.
ETA: I see someone is upvoting me immediately, that's you RealPirate isn't it
This post was edited on 7/14/15 at 11:33 pm
2
Posted on 7/14/15 at 11:33 pm to Thib-a-doe Tiger
Dude, you just said inflation is 0% and implied inflation could stay flat by changing up the goods being measured. Come on.
Posted on 7/14/15 at 11:33 pm to 90proofprofessional
quote:
I see someone is upvoting me immediately
Because it's you?
Posted on 7/14/15 at 11:34 pm to fr33manator
quote:
fr33manator
It's you isn't it
Posted on 7/14/15 at 11:34 pm to Jim Rockford
10 MPG - no care.
Posted on 7/14/15 at 11:35 pm to 90proofprofessional
quote:
And I do think prices at all points in the chain will start falling. And the numbers bear that our out, if you know how to read them.
This where you made a prediction and then said there was data to support it.
Posted on 7/14/15 at 11:37 pm to Thib-a-doe Tiger
quote:
This where you made a prediction and then said there was data to support it.
You got me there. I do have data on this, but not releasable.
If we could forget I made this (true) claim, I'd appreciate it. Really it was driven by your jab about reading numbers, which I am reasonably ok at.
Posted on 7/14/15 at 11:50 pm to 90proofprofessional
RA'd for you releasing sensitive information.
You have the aforementioned amount of time to meet us at the aforementioned location.
Beginning now.
You have the aforementioned amount of time to meet us at the aforementioned location.
Beginning now.
Posted on 7/14/15 at 11:52 pm to Real Pirate
lulz
i like you, on second thought
eta: also upvoted real quick
i like you, on second thought
eta: also upvoted real quick
This post was edited on 7/14/15 at 11:52 pm
Posted on 7/14/15 at 11:53 pm to 90proofprofessional
I upvoted myself.
Posted on 7/14/15 at 11:53 pm to Real Pirate
quote:
I upvoted myself.
Posted on 7/14/15 at 11:54 pm to 90proofprofessional
It's obvious that you are the inside contact on this. Thanks in advance on your predictions for the future.
Posted on 7/14/15 at 11:55 pm to Tigerswillprevail
Full disclosure: Real Pirate is my bro from the crossfit boards and feeding me this info
Posted on 7/14/15 at 11:57 pm to 90proofprofessional
quote:
crossfit
Posted on 7/15/15 at 12:01 am to Real Pirate
:(
but your new PR of 27% BF
don't act like we didn't deserve some credit
but your new PR of 27% BF
don't act like we didn't deserve some credit
Posted on 7/15/15 at 12:09 am to 90proofprofessional
quote:
but your new PR of 27% BF
But my 7018 is starting to get pretty slick. Randy said he'd get me a test on the next job as long as I can pass a couple 31-3 x rays before then.
Posted on 7/15/15 at 12:14 am to yellowfin
What do you do again?
Posted on 7/15/15 at 12:14 am to Real Pirate
quote:
my 7018 is starting to get pretty slick. Randy said he'd get me a test on the next job as long as I can pass a couple 31-3 x rays
this treachery will not be forgotten
Posted on 7/15/15 at 12:26 am to 90proofprofessional
I'm relatively sure this has already been covered, but Iran's outdated currently declining oilfields aren't anywhere close to pushing oil to $10-$20/bbl
Posted on 7/15/15 at 3:55 am to CorporateTiger
As long as OPEC continues to push their production to the limit, our domestic oil companies will struggle to maintain a profit since fracking is still more expensive - despite the recent advancements in technology. Our Saudi friends (cough cough) know exactly what they are doing. Oil prices may drop slightly due to the recent deal with Iran, but not to the range of $20-30 barrel. And OPEC will continue to try and drive out the US companies through overproduction. On the flip side, the OPEC overproduction is killing Russia, China, and Venezuela as well so there is a little positive to OPEC's actions.
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