Jump to content
House Price Crash Forum
the end is a bit nigher

Billions Of Barrels Of Oil Found?

Recommended Posts

Well not really. But the way the price is plummeting you might have thought so. Looks more like a few speculators leaving the market.

It's probably speculators going short or government attempts to fix .... mad volatility!

Share this post


Link to post
Share on other sites

Time to get into the barrel making market.

Do they do these with a returnable deposit. cant say Ive ever seen one.

Share this post


Link to post
Share on other sites

No it has, the US sits on massive oil reserves, that's why they spend billions keeping a large millitary force in the Gulf?

Edited by Yoss

Share this post


Link to post
Share on other sites
Its the usual pre-US election drop.

Happened 18 months ago for the senate or congress elections too....

Everything's relative:

brent_crude.GIF

Still a long long way to fall before it's anywhere remotely near to a year ago.

Share this post


Link to post
Share on other sites
Everything's relative:

brent_crude.GIF

Still a long long way to fall before it's anywhere remotely near to a year ago.

Speculative froth coming off the boil IMO

I wouldn't go putting down the deposit on a hummer just yet ;)

Share this post


Link to post
Share on other sites

i read somewhere that there was $30-$40 war premium which was due to come off now the Russians have sided with the Iranians which has forced US to go down diplomatic route, see bbc news. that and blatant manipulation of the US strategic reserve to prop up the dow.

Share this post


Link to post
Share on other sites

Iran-USA have done a "DEAL"...........Note Is-real getting the bodies of its troops back.........US is in NO shape to fight another War. Is-real was informed that Iran has 2-3 nukes via Pank-i-stan...........Is-real asked themselves did they want to find out if it was true?

Deal done.

Mike

Share this post


Link to post
Share on other sites
Iran-USA have done a "DEAL"...........Note Is-real getting the bodies of its troops back.........US is in NO shape to fight another War. Is-real was informed that Iran has 2-3 nukes via Pank-i-stan...........Is-real asked themselves did they want to find out if it was true?

Deal done.

Mike

Of course, you know all this for a fact I presume?

Share this post


Link to post
Share on other sites
Why would Pakistan give nukes to Iran, which is a potential enemy?

exactly.

Sunni-Shia = lots of friction

Share this post


Link to post
Share on other sites
Iran-USA have done a "DEAL"...........Note Is-real getting the bodies of its troops back.........US is in NO shape to fight another War. Is-real was informed that Iran has 2-3 nukes via Pank-i-stan...........Is-real asked themselves did they want to find out if it was true?

Deal done.

Mike

Of course, you know all this for a fact I presume?

There are whispers of a US-Iran deal being done based around the idea that the US will open an embassy-lite in Iran this year.

The US is not in any shape to fight another war, thats true.

Dont know about the Pakistan nukes. Plausible, I suppose, but I doubt Israel would allow them any nukes.

Then again, Israel cant do much without US support.

The Saudis hold all the cards really - will they accept an illicitly nuclear armed Iran dominating the region?

If not could we see a Saudi/Israeli initave to counter Iran?

What would the Russian response be considering their huge interests in Iran and the recent pipeline announcement?

Where does Europe stand considering most of our oil comes via Russia and now the Iranians will be pumping through Russia too?

Who do we trust most with our Energy security the yanks or the russians?

It all depends on the European response.

Tune in next week.....

.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 395 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.