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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Bearcatbob who wrote (146376)3/6/2011 4:55:08 PM
From: Dale Baker  Read Replies (1) | Respond to of 206200
 
Can you give me the actual numbers you see from an unrestricted supply, the time frame to generate real deliveries and the percentage of world oil demand it would comprise once delivered?

That's the bottom line in the spot oil market, and I have never seen a set of real numbers that made any significant difference for years if ever. But you guys are engineers who are good at numbers, so give it a go.

Without that, it's just a theory. My practical notion is that Obama could promise the moon to the energy companies tomorrow and we would hardly notice the difference for a very long time.

But I am open to being convinced otherwise with facts.