Try This:
Mr. BigWell of BigWell Oil Co., LLC does not mistake oil demand estimates. He believes demand will fall.
He meets with other Oil fellers to up supply to flood the market.
He knows Saudi Arabia will maintain production to maintain revenue.
He knows Russia will suffer from lower oil Prices
He Knows China will stockpile oil just as he will stockpile oil.
He knows this will have a negative impact on emerging markets.
He knows other oil companies and related industry companies will
suffer. Their stocks will be cheap, or the companies can be bought up.
Fewer Oil fellers will divvy up the "oil pie" when the global economy turns around.
Meanwhile, the public is not complaining or even noticing because they are thrilled with cheap gas.
Cheap oil and gas impedes the call for alternative energy.
When the global economy turns around, guess who owns the oil reserves,
and most of the oil supply industry? Mr. BigWell and his colleagues in
the OIL industry.
Just a few thoughts on why the supply is "rising" the stockpile (reserves) are going up while demand is either flat or falling.
Mr. BigWell is not stupid.
There
has to be some plausible explanation as to why Big Oil is drowning
itself in oil while earnings and stocks are falling.
Mr. BigWell is not
stupid.
There must be something in it for him.
Click and read:
OIL: The real outlook.
Over 2.600 views.
Warmest regards,
Slim.
Slimfairview@yahoo.com
Copyright (c) 2016 Bob Asken
All rights reserved.
Tuesday, January 19, 2016
Mr. BigWell's Oily Plot.
Logging you in...
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