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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Sun Tzu who wrote (83033)12/4/2023 1:52:00 PM
From: towerdog1 Recommendation

Recommended By
ajtj99

  Read Replies (1) | Respond to of 96749
 
I think the US will keep pumping. Candian oil sands pays 11.56 to produce a barrel of oil. Eagle Ford US needs 48 for a new well and 23 for existing wells. Saudi's can pull a barrel out of the ground for 3.50
Thing is Saudi Arabia is actively working to diversify its economy away from oil dependence, it's Saw Bones big dream.



To: Sun Tzu who wrote (83033)12/4/2023 1:52:30 PM
From: Qone04 Recommendations

Recommended By
ajtj99
skier31
Sun Tzu
towerdog

  Respond to of 96749
 
Schwab says XBI is hard to borrow. <G>