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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: el_gaviero who wrote (1345)10/21/2005 11:29:16 PM
From: energyplay  Read Replies (1) | Respond to of 218542
 
Besides Prudhoe and the North Sea, I think there was a lot more deep water GOM around that time.

All these are expensive places to drill. The higher oil price justified that.

Also throw in more heavy oil processing in california - Shell bought Belridge oil around that time.

Are you and Elroy saying the same thing but using different words ?



To: el_gaviero who wrote (1345)10/21/2005 11:32:45 PM
From: elmatador  Respond to of 218542
 
elgav, there's a cartel controlling oil prices, if demand was outstripping supply they didn't need a cartel controlling the ptices.

In this thread we don't call people stupid, it is against the rules, elgav, just let your analysis tell him it for you...



To: el_gaviero who wrote (1345)10/22/2005 1:54:09 AM
From: Elroy Jetson  Respond to of 218542
 
Try your hand at explaining how "peak oil" is compatible with large fields of sour oil whose production can't be sold because there are no buyers.

The less you know about the oil industry, the easier it is to ignore this anomaly.
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