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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Black Blade who wrote (206030)5/6/2025 11:16:52 AM
From: robert b furman3 Recommendations

Recommended By
Black Blade
roguedolphin
sixty2nds

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Hi Black Blade,

Vitesse Energy just reduced their 2025 guidance on barrels of oil produced (by 9%) and cut their 2025 capex (by 32%), l believe this will be in much wider agreement amongst the oil patch.

Like Harold Hamm recently said, " It will take $80.00 crude to bring "DRILL BABY DRILL" a reality.

It will be very interesting to see who in OPEC+ has the ability to increase their quotas.

Many month's ago Dan Tsbouchi (SP?) said sanctions on Iran and Venezuela will put supply in deficit.

When the US is no longer the World's new crude supply (until the Gulf of America is the focus of production), crude may well be a huge money maker again.

Good to see you posting.

Bob
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