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


To: CommanderCricket who wrote (157284)9/19/2011 11:08:30 AM
From: upanddown2 Recommendations  Read Replies (1) | Respond to of 206099
 
CC

How does a "English technical analyst" with a diploma no less, talk about OIL PRICES without mentioning $111 Brent or the Cushing bottleneck problems?

Cushing stores about 10% of domestic production.

Can we assume that approx 10% of domestic production is subject to Cushing pricing? It can't be much more than that. If we accept 10%, that means that Cushing prices apply to less than 1% of world crude production and this guy ONLY mentions Cushing prices?

Time to take advantage of this kind of clownish thinking.

Two weeks to the end of the third quarter. World oil prices have to have averaged above $110 for the entire quarter.

I'm looking for candidates to likely hit it out of the park with 3rd qtr earnings.

Criteria would be...

little or no crude production subject to WTI prices
mostly oil
growing production
big enough to be noticed

All ideas welcome.

John