The Oil Bubble Will Meet the Same Fate as Tech, Housing [View article]
people actually pay you to manage money?
Sure new fields are being found, unfortunately larger ones like the Tupi are 23,000ft below sea level (including 6,000ft of water), not to mention that every single deep water rig in existence is already contracted out. Couple this with declining production of existing oil fields (including vital ones like the Cantarell & Gawhar) and anyone with a basic grasp of the forces of supply/demand would conclude your simplistic thesis is pure idiocy.
That's the reason our economy is in shambles? I can think of a few others. So, trucker "benedict arnold" blues, you have no exposure to Japan, Germany, UK et al. in your portfolio? is indirect exposure through multinationals acceptable, or am I traitor because I own GE?
Enter your comment hereThat's the reason our economy is in shambles? I can think of a few others. So, trucker "benedict arnold" blues, you have no exposure to Japan, Germany, UK et al. in your portfolio? is indirect exposure through multinationals acceptable, or am I traitor because I own GE?
That's the reason our economy is in shambles? I can think of a few others. So, trucker "benedict arnold" blues, you have no exposure to Japan, Germany, UK et al. in your portfolio? is indirect exposure through multinationals acceptable, or am I traitor because I own GE?
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Latest | Highest ratedThe Oil Bubble Will Meet the Same Fate as Tech, Housing [View article]
Sure new fields are being found, unfortunately larger ones like the Tupi are 23,000ft below sea level (including 6,000ft of water), not to mention that every single deep water rig in existence is already contracted out. Couple this with declining production of existing oil fields (including vital ones like the Cantarell & Gawhar) and anyone with a basic grasp of the forces of supply/demand would conclude your simplistic thesis is pure idiocy.
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