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Link Posted: 12/18/2014 10:20:45 PM EDT
[#1]
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How much natural gas do you think is lying under the coal fields in the ruhr?

Germany could be natural gas independent if not for soviet proxy green party.
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What if Putin just turns off the gas to Europe and demands payment in gold? That could get interesting.


So he's going to cut off his only source of foreign currency?

You didn't think that one through, did you?


How much natural gas do you think is lying under the coal fields in the ruhr?

Germany could be natural gas independent if not for soviet proxy green party.

Green parties have a tendency to get benched with a quickness when reality knocks on the door.
Link Posted: 12/18/2014 10:21:17 PM EDT
[#2]
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would seem a good move.
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What if Putin just turns off the gas to Europe and demands payment in gold? That could get interesting.

would seem a good move.


It what possible way would it be a "good move"?

It's a genuinely retarded idea.
Link Posted: 12/18/2014 10:23:03 PM EDT
[#3]
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It what possible way would it be a "good move"?

It's a genuinely retarded idea.
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What if Putin just turns off the gas to Europe and demands payment in gold? That could get interesting.

would seem a good move.


It what possible way would it be a "good move"?

It's a genuinely retarded idea.

I always thought if someone was dependent on my products it was a good business move to incentivize them to cease their dependency.  Y u no like business moves?
Link Posted: 12/18/2014 10:29:14 PM EDT
[#4]
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I always thought if someone was dependent on my products it was a good business move to incentivize them to cease their dependency.  Y u no like business moves?
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What if Putin just turns off the gas to Europe and demands payment in gold? That could get interesting.

would seem a good move.


It what possible way would it be a "good move"?

It's a genuinely retarded idea.

I always thought if someone was dependent on my products it was a good business move to incentivize them to cease their dependency.  Y u no like business moves?


Yeah man!  And China will dump our Debt!  
Link Posted: 12/18/2014 10:29:34 PM EDT
[#5]
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It serves the Saudi's purposes, and it serves our interests.

Iranian proxies have taken over Yemen.   The Saudis don't like that.
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We are absolutely behind OPECs price war, for two reasons. You should be aware of that.

The sanctions are ineffective. The energy market will have Russians dying in the streets if this continues for substantial period of time.


If we're behind this, we're fucking retarded. Butchering the shale drillers to tank the Ruble is retarded.

we are not behind it. The house of Saud is not going to screw itself to make us happy.


It serves the Saudi's purposes, and it serves our interests.

Iranian proxies have taken over Yemen.   The Saudis don't like that.

Yemen? This shit is getting complicated
Link Posted: 12/18/2014 10:32:47 PM EDT
[#6]
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And that does nothing and means nothing. A ruble backed by gold doesn't get them out of shit.  
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Russia has been purchasing a lot of gold.
A Lot.
And that does nothing and means nothing. A ruble backed by gold doesn't get them out of shit.  

no but it gives them reserves to buy crap the ruble can't

last I checked gold was 83000 rubles an ounce. So if they have enough they are somewhat ok.
Link Posted: 12/18/2014 10:33:15 PM EDT
[#7]
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Yeah man!  And China will dump our Debt!  
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What if Putin just turns off the gas to Europe and demands payment in gold? That could get interesting.

would seem a good move.


It what possible way would it be a "good move"?

It's a genuinely retarded idea.

I always thought if someone was dependent on my products it was a good business move to incentivize them to cease their dependency.  Y u no like business moves?


Yeah man!  And China will dump our Debt!  

No, bro.  They call it in, just like that.  If we can't pay?  They get Jellystone Park.
Link Posted: 12/18/2014 10:33:55 PM EDT
[#8]
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Yemen? This shit is getting complicated
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We are absolutely behind OPECs price war, for two reasons. You should be aware of that.

The sanctions are ineffective. The energy market will have Russians dying in the streets if this continues for substantial period of time.


If we're behind this, we're fucking retarded. Butchering the shale drillers to tank the Ruble is retarded.

we are not behind it. The house of Saud is not going to screw itself to make us happy.


It serves the Saudi's purposes, and it serves our interests.

Iranian proxies have taken over Yemen.   The Saudis don't like that.

Yemen? This shit is getting complicated


There were people saying in 2008 that the Houthis were the next Lebanese Hezbollah.
Link Posted: 12/18/2014 10:34:28 PM EDT
[#9]
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Then why would they be stock piling gold?
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all smart euro countires do it. They have a long history of paper money turning to crap....like now.  

Gold is universal money. and its own asset.
Link Posted: 12/18/2014 10:37:47 PM EDT
[#10]
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  The world isn't gonna sit by and let Russia invade a Middle Eastern country to seize their oil.

Not to mention, Russia couldn't pull off such a long reaching expedition, at least not a sustained effort.
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I don't trust Putin to do anything but go to war if it starts to crumble.
I have the same feeling, and I suspect it will involve turning off the taps in Saudi Arabia, and daring us to try and stop them.
 

  The world isn't gonna sit by and let Russia invade a Middle Eastern country to seize their oil.

Not to mention, Russia couldn't pull off such a long reaching expedition, at least not a sustained effort.

what if they sieze them and say You fight we nuke
Link Posted: 12/18/2014 10:42:06 PM EDT
[#11]
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all smart euro countires do it. They have a long history of paper money turning to crap....like now.  

Gold is universal money. and its own asset.
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Then why would they be stock piling gold?

all smart euro countires do it. They have a long history of paper money turning to crap....like now.  

Gold is universal money. and its own asset.



Link Posted: 12/18/2014 10:44:30 PM EDT
[#12]
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Why would they need to invade anyone for oil? They have plenty of their own, its the prices that have thrown them into the shitter. More oil wouldn't  do anything to change that.
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I don't trust Putin to do anything but go to war if it starts to crumble.
I have the same feeling, and I suspect it will involve turning off the taps in Saudi Arabia, and daring us to try and stop them.
 

  The world isn't gonna sit by and let Russia invade a Middle Eastern country to seize their oil.

Not to mention, Russia couldn't pull off such a long reaching expedition, at least not a sustained effort.

Why would they need to invade anyone for oil? They have plenty of their own, its the prices that have thrown them into the shitter. More oil wouldn't  do anything to change that.

you miss the point. They control more and can simply turn it off. Say as if they took saudi fields for instance. and just stopped oil from there.
Link Posted: 12/18/2014 10:45:14 PM EDT
[#13]

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what if they sieze them and say You fight we nuke
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Quoted:


Quoted:


Quoted:

I don't trust Putin to do anything but go to war if it starts to crumble.
I have the same feeling, and I suspect it will involve turning off the taps in Saudi Arabia, and daring us to try and stop them.

 


  The world isn't gonna sit by and let Russia invade a Middle Eastern country to seize their oil.



Not to mention, Russia couldn't pull off such a long reaching expedition, at least not a sustained effort.



what if they sieze them and say You fight we nuke
I doubt they would try to do something that direct.  I'm thinking more along the lines of using their subs to mine the Straights of Hormuz and sink a few tankers, while bankrolling and arming ISIS or some other proxy to do the real dirty work in Saudi.



 
Link Posted: 12/18/2014 10:45:19 PM EDT
[#14]
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Precisely. That combined with the recent Israeli gas finds could fuel Europe for quite a while.
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What if Putin just turns off the gas to Europe and demands payment in gold? That could get interesting.


So he's going to cut off his only source of foreign currency?

You didn't think that one through, did you?


How much natural gas do you think is lying under the coal fields in the ruhr?

Germany could be natural gas independent if not for soviet proxy green party.


Precisely. That combined with the recent Israeli gas finds could fuel Europe for quite a while.


Are there any fields under Scandanavia, or just the offshore ones?
Link Posted: 12/18/2014 10:46:20 PM EDT
[#15]
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I doubt they would try to do something that direct.  I'm thinking more along the lines of using their subs to mine the Straights of Hormuz and sink a few tankers, while bankrolling and arming ISIS or some other proxy to do the real dirty work in Saudi.
 
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I don't trust Putin to do anything but go to war if it starts to crumble.
I have the same feeling, and I suspect it will involve turning off the taps in Saudi Arabia, and daring us to try and stop them.
 

  The world isn't gonna sit by and let Russia invade a Middle Eastern country to seize their oil.

Not to mention, Russia couldn't pull off such a long reaching expedition, at least not a sustained effort.

what if they sieze them and say You fight we nuke
I doubt they would try to do something that direct.  I'm thinking more along the lines of using their subs to mine the Straights of Hormuz and sink a few tankers, while bankrolling and arming ISIS or some other proxy to do the real dirty work in Saudi.
 

Yes, that wouldn't elicit a worldwide response that would make their current predicament seem tame.
Link Posted: 12/18/2014 10:46:54 PM EDT
[#16]
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I doubt they would try to do something that direct.  I'm thinking more along the lines of using their subs to mine the Straights of Hormuz and sink a few tankers, while bankrolling and arming ISIS or some other proxy to do the real dirty work in Saudi.
 
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I don't trust Putin to do anything but go to war if it starts to crumble.
I have the same feeling, and I suspect it will involve turning off the taps in Saudi Arabia, and daring us to try and stop them.
 

  The world isn't gonna sit by and let Russia invade a Middle Eastern country to seize their oil.

Not to mention, Russia couldn't pull off such a long reaching expedition, at least not a sustained effort.

what if they sieze them and say You fight we nuke
I doubt they would try to do something that direct.  I'm thinking more along the lines of using their subs to mine the Straights of Hormuz and sink a few tankers, while bankrolling and arming ISIS or some other proxy to do the real dirty work in Saudi.
 


ISIS is sunni and probably supported by Saudi Arabia to counter the Shia majority in Iraq.
Link Posted: 12/18/2014 10:47:11 PM EDT
[#17]
Russia turning off gas to Europe is a cunt hair away from a declaration of war, and wouldn't make sense in this context.

If Russia was marching on Kiev and needed to keep Europe docile or something like that, for sure. But now that Ukraine is quiet and the price of oil dropped so much, it wouldn't make sense to just cut the flow of one of their sources of hard cash on a whim.
Link Posted: 12/18/2014 10:47:18 PM EDT
[#18]
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you miss the point. They control more and can simply turn it off. Say as if they took saudi fields for instance. and just stopped oil from there.
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I don't trust Putin to do anything but go to war if it starts to crumble.
I have the same feeling, and I suspect it will involve turning off the taps in Saudi Arabia, and daring us to try and stop them.
 

  The world isn't gonna sit by and let Russia invade a Middle Eastern country to seize their oil.

Not to mention, Russia couldn't pull off such a long reaching expedition, at least not a sustained effort.

Why would they need to invade anyone for oil? They have plenty of their own, its the prices that have thrown them into the shitter. More oil wouldn't  do anything to change that.

you miss the point. They control more and can simply turn it off. Say as if they took saudi fields for instance. and just stopped oil from there.


Then the world would be at war with Russia, and they wouldn't be able to sell oil to anyone.  They can't just "turn it off" without hurting themselves even MORE.  Their economy would crumble within a few weeks and Putin would be gone.
Link Posted: 12/18/2014 10:47:36 PM EDT
[#19]
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Yemen? This shit is getting complicated
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We are absolutely behind OPECs price war, for two reasons. You should be aware of that.

The sanctions are ineffective. The energy market will have Russians dying in the streets if this continues for substantial period of time.


If we're behind this, we're fucking retarded. Butchering the shale drillers to tank the Ruble is retarded.

we are not behind it. The house of Saud is not going to screw itself to make us happy.


It serves the Saudi's purposes, and it serves our interests.

Iranian proxies have taken over Yemen.   The Saudis don't like that.

Yemen? This shit is getting complicated



Link Posted: 12/18/2014 10:48:59 PM EDT
[#20]
I love how the proposed solution to Russian woes is to commit national suicide.
Link Posted: 12/18/2014 10:50:23 PM EDT
[#21]
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I love how the proposed solution to Russian woes is to commit national suicide.
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People love Putin SO much, they refuse to see how stupid his decisions have been.

All of this was predicted.
Link Posted: 12/18/2014 10:51:28 PM EDT
[#22]

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People love Putin SO much, they refuse to see how stupid his decisions have been.



All of this was predicted.

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Quoted:

I love how the proposed solution to Russian woes is to commit national suicide.




People love Putin SO much, they refuse to see how stupid his decisions have been.



All of this was predicted.

How do you think Putin is going to play out his hand on this?



 
Link Posted: 12/18/2014 10:52:38 PM EDT
[#23]
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People love Putin SO much, they refuse to see how stupid his decisions have been.

All of this was predicted.
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I love how the proposed solution to Russian woes is to commit national suicide.


People love Putin SO much, they refuse to see how stupid his decisions have been.

All of this was predicted.

I'm kind of mesmerized by how much credit people give the concept of Putin taking the world by the balls.  He's backed into a fucking corner right now, yet he is somehow going to corner the oil market by seizing/damaging Saudi fields and the world will just sit back, take it, and continue buying his oil to fix his crisis.

This has gone far beyond mental gymnastics.
Link Posted: 12/18/2014 10:54:39 PM EDT
[#24]

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People love Putin SO much, they refuse to see how stupid his decisions have been.



All of this was predicted.

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Quoted:

I love how the proposed solution to Russian woes is to commit national suicide.




People love Putin SO much, they refuse to see how stupid his decisions have been.



All of this was predicted.

Wouldn't be the first time a nation worshipped an idiot they had for a leader.

 
Link Posted: 12/18/2014 10:56:04 PM EDT
[#25]
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http://www.dailymail.co.uk/wires/ap/article-2877124/Russian-ruble-way-down.html


They're trying to buy what they can while their money is still worth anything.
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sure but Ikea? lol How about food.
Link Posted: 12/18/2014 10:59:22 PM EDT
[#26]
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sure but Ikea? lol How about food.
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http://www.dailymail.co.uk/wires/ap/article-2877124/Russian-ruble-way-down.html


They're trying to buy what they can while their money is still worth anything.

sure but Ikea? lol How about food.


Let's spend our money on furniture designed to last a year.

Sounds reasonable.
Link Posted: 12/18/2014 10:59:47 PM EDT
[#27]
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FPNI as usual.
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Before we gloat too much, let's remember that sometimes unstable governments do crazy things in economic turmoil-like provoke wars.


FPNI as usual.


Governments needing to pay debts to bankers has been the driver behind most of the wars in history.
Link Posted: 12/18/2014 11:01:16 PM EDT
[#28]
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Because the swiss are less likely to freeze or confiscate the money.
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That will still be attractive to some: pay the Swiss a portion or keep it in Russia and lose it all.


Compared to the Ruble, many nations' currencies are safe havens.  What's the advantage for a Russian to buy Swiss bonds instead of US, Brit, EU, etc?



Because the swiss are less likely to freeze or confiscate the money.

and for the most part the keep their mouth shut AND mind their own business.
Link Posted: 12/18/2014 11:05:53 PM EDT
[#29]
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It what possible way would it be a "good move"?

It's a genuinely retarded idea.
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What if Putin just turns off the gas to Europe and demands payment in gold? That could get interesting.

would seem a good move.


It what possible way would it be a "good move"?

It's a genuinely retarded idea.

show my entire response please. also would SEEM a good move is not the same as saying IT IS a good move.

sheesh.
Link Posted: 12/18/2014 11:09:38 PM EDT
[#30]
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I doubt they would try to do something that direct.  I'm thinking more along the lines of using their subs to mine the Straights of Hormuz and sink a few tankers, while bankrolling and arming ISIS or some other proxy to do the real dirty work in Saudi.
 
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I don't trust Putin to do anything but go to war if it starts to crumble.
I have the same feeling, and I suspect it will involve turning off the taps in Saudi Arabia, and daring us to try and stop them.
 

  The world isn't gonna sit by and let Russia invade a Middle Eastern country to seize their oil.

Not to mention, Russia couldn't pull off such a long reaching expedition, at least not a sustained effort.

what if they sieze them and say You fight we nuke
I doubt they would try to do something that direct.  I'm thinking more along the lines of using their subs to mine the Straights of Hormuz and sink a few tankers, while bankrolling and arming ISIS or some other proxy to do the real dirty work in Saudi.
 

I agree that is more their style.
Link Posted: 12/18/2014 11:10:54 PM EDT
[#31]
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Let's spend our money on furniture designed to last a year.

Sounds reasonable.
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Quoted:
http://www.dailymail.co.uk/wires/ap/article-2877124/Russian-ruble-way-down.html


They're trying to buy what they can while their money is still worth anything.

sure but Ikea? lol How about food.


Let's spend our money on furniture designed to last a year.

Sounds reasonable.


Ikea furniture is built better than almost anything sold in most furniture stores these days.
Link Posted: 12/18/2014 11:28:05 PM EDT
[#32]
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How do you think Putin is going to play out his hand on this?
 
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I love how the proposed solution to Russian woes is to commit national suicide.


People love Putin SO much, they refuse to see how stupid his decisions have been.

All of this was predicted.
How do you think Putin is going to play out his hand on this?
 

I think he will deny any interest in Eastern Ukraine, and try to save face (too late).

Hopefully at the point the UA government will allow/encourage a referendum, where Donbass votes to leave UA and beg to be annexed.  
That won't happen, but it would be funny.

The Russian economy is going to collapse.  Look to see which Oligarchs act first.
Link Posted: 12/18/2014 11:30:14 PM EDT
[#33]
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show my entire response please. also would SEEM a good move is not the same as saying IT IS a good move.

sheesh.
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What if Putin just turns off the gas to Europe and demands payment in gold? That could get interesting.

would seem a good move.


It what possible way would it be a "good move"?

It's a genuinely retarded idea.

show my entire response please. also would SEEM a good move is not the same as saying IT IS a good move.

sheesh.

Nothing about it "seems" less than retarded.
Link Posted: 12/18/2014 11:43:35 PM EDT
[#34]
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Nothing about it "seems" less than retarded.
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What if Putin just turns off the gas to Europe and demands payment in gold? That could get interesting.

would seem a good move.


It what possible way would it be a "good move"?

It's a genuinely retarded idea.

show my entire response please. also would SEEM a good move is not the same as saying IT IS a good move.

sheesh.

Nothing about it "seems" less than retarded.

people under pressure do crazy things. I could see Putin throwing a fit and holding Europe hostage for a bit.
however if you read my whole response you'd see that I already covered that..

whatever due... I don't really care what you think. I think I can figure stuff out without you  razor -like insight.
Link Posted: 12/18/2014 11:59:07 PM EDT
[#35]



Regarding the desirability of  IKEA furniture,clearly you've never been to anyone's Commieblock apartment on the wrong side of the Iron Curtain.
Link Posted: 12/19/2014 12:32:26 AM EDT
[#36]
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Regarding the desirability of  IKEA furniture,clearly you've never been to anyone's Commieblock apartment on the wrong side of the Iron Curtain.
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Nothing wrong with IKEA. I'm sitting at my MIKAEL desk as I type this

Link Posted: 12/19/2014 12:46:27 AM EDT
[#37]
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Regarding the desirability of  IKEA furniture,clearly you've never been to anyone's Commieblock apartment on the wrong side of the Iron Curtain.
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Hell, or most houses in the US.

I'm not sure where the low quality / cheap image came from.
Link Posted: 12/19/2014 3:50:08 AM EDT
[#38]

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Hell, or most houses in the US.



I'm not sure where the low quality / cheap image came from.
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Quoted:
Regarding the desirability of  IKEA furniture,clearly you've never been to anyone's Commieblock apartment on the wrong side of the Iron Curtain.




Hell, or most houses in the US.



I'm not sure where the low quality / cheap image came from.


The masses chanting "Buy American!!!" and videoing it on their iPhone...



 
Link Posted: 12/19/2014 6:53:26 AM EDT
[#39]
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Are there any fields under Scandanavia, or just the offshore ones?
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What if Putin just turns off the gas to Europe and demands payment in gold? That could get interesting.


So he's going to cut off his only source of foreign currency?

You didn't think that one through, did you?


How much natural gas do you think is lying under the coal fields in the ruhr?

Germany could be natural gas independent if not for soviet proxy green party.


Precisely. That combined with the recent Israeli gas finds could fuel Europe for quite a while.


Are there any fields under Scandanavia, or just the offshore ones?


There's some gas here, but it's not worth extracting at current gas prices.

We've got Uranium though.
Link Posted: 12/19/2014 6:54:58 AM EDT
[#40]
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Ikea furniture is built better than almost anything sold in most furniture stores these days.
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http://www.dailymail.co.uk/wires/ap/article-2877124/Russian-ruble-way-down.html


They're trying to buy what they can while their money is still worth anything.

sure but Ikea? lol How about food.


Let's spend our money on furniture designed to last a year.

Sounds reasonable.


Ikea furniture is built better than almost anything sold in most furniture stores these days.

Link Posted: 12/19/2014 7:39:14 AM EDT
[#41]
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they could pump the oil and just sit on it for higher prices?
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We are absolutely behind OPECs price war, for two reasons. You should be aware of that.

The sanctions are ineffective. The energy market will have Russians dying in the streets if this continues for substantial period of time.


If we're behind this, we're fucking retarded. Butchering the shale drillers to tank the Ruble is retarded.


Oh.

So every American should subsidize wild catters?



Not at all.


I don't see the Saudis keeping the market flooded after it breaks Russia and Iran (which wont be that much longer).

Cinninatus (and you IIRC) were right that we can jump back into shale oil, somewhat. The problem is the time this oil war takes: 6mos isn't a big deal (we're about 2mo in).....12mo is a different story....18mo is not going to be good.


Also, most wild-catters and small outfits (around here at least) are drilling NG.

At $50/barrel, I see shit loads of wells being plugged (unless you're big time) until this blows over and the Saudis start in on us again.

they could pump the oil and just sit on it for higher prices?


why spend extra money to pump it first?
Link Posted: 12/19/2014 7:40:18 AM EDT
[#42]
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Yemen? This shit is getting complicated
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We are absolutely behind OPECs price war, for two reasons. You should be aware of that.

The sanctions are ineffective. The energy market will have Russians dying in the streets if this continues for substantial period of time.


If we're behind this, we're fucking retarded. Butchering the shale drillers to tank the Ruble is retarded.

we are not behind it. The house of Saud is not going to screw itself to make us happy.


It serves the Saudi's purposes, and it serves our interests.

Iranian proxies have taken over Yemen.   The Saudis don't like that.

Yemen? This shit is getting complicated


Everybody wants to be a policy analyst, till its time to do some policy analyst shit.
Link Posted: 12/19/2014 8:25:24 AM EDT
[#43]
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Everybody wants to be a policy analyst, till its time to do some policy analyst shit.
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Trof.
Link Posted: 12/19/2014 9:11:08 AM EDT
[#44]
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Also, most wild-catters and small outfits (around here at least) are drilling NG.

At $50/barrel, I see shit loads of wells being plugged (unless you're big time) until this blows over and the Saudis start in on us again.

they could pump the oil and just sit on it for higher prices?

why spend extra money to pump it first?
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good point. Hmm....I suppose because then they would'nt have the lead time to get the rig running arrange transporttion etc... But thn you have to store it, and maybe pump at a loss. before you store it.

If the well heads are in how long does it take to get it running? Maybe there is little difference between having in in the ground (essentially stored) and  having it stored in a tank farm somewhere.

Link Posted: 12/19/2014 9:14:51 AM EDT
[#45]
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Nothing wrong with IKEA. I'm sitting at my MIKAEL desk as I type this

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Regarding the desirability of  IKEA furniture,clearly you've never been to anyone's Commieblock apartment on the wrong side of the Iron Curtain.

Nothing wrong with IKEA. I'm sitting at my MIKAEL desk as I type this


I figured that  really important stuff like food would be foremost in their minds, unless Ikea stuff is a tradable commodity  and holds its value.

Just seems weird
Link Posted: 12/19/2014 9:16:37 AM EDT
[#46]
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I figured that  really important stuff like food would be foremost in their minds, unless Ikea stuff is a tradable commodity  and holds its value.

Just seems weird
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Regarding the desirability of  IKEA furniture,clearly you've never been to anyone's Commieblock apartment on the wrong side of the Iron Curtain.

Nothing wrong with IKEA. I'm sitting at my MIKAEL desk as I type this


I figured that  really important stuff like food would be foremost in their minds, unless Ikea stuff is a tradable commodity  and holds its value.

Just seems weird


Food rots in a week.
Link Posted: 12/19/2014 9:16:52 AM EDT
[#47]
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good point. Hmm....I suppose because then they would'nt have the lead time to get the rig running arrange transporttion etc... But thn you have to store it, and maybe pump at a loss. before you store it.

If the well heads are in how long does it take to get it running? Maybe there is little difference between having in in the ground (essentially stored) and  having it stored in a tank farm somewhere.

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Also, most wild-catters and small outfits (around here at least) are drilling NG.

At $50/barrel, I see shit loads of wells being plugged (unless you're big time) until this blows over and the Saudis start in on us again.

they could pump the oil and just sit on it for higher prices?

why spend extra money to pump it first?

good point. Hmm....I suppose because then they would'nt have the lead time to get the rig running arrange transporttion etc... But thn you have to store it, and maybe pump at a loss. before you store it.

If the well heads are in how long does it take to get it running? Maybe there is little difference between having in in the ground (essentially stored) and  having it stored in a tank farm somewhere.



I'm not a driller.  I did upstream processing for transport.

I believe it is fairly intensive requiring pressure top side to get the flow.  The fracked reservoirs aren't these gushers coming 3k psi on tap.  It would take time and money.  If it didn't, well, they wouldn't stop producing at 50 dollars a barrel.

the point is, the fracing wells will ensure the price of oil stabalizes right around their cost of production, which will continue to go down.
Link Posted: 12/19/2014 9:19:29 AM EDT
[#48]
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Trof.
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Everybody wants to be a policy analyst, till its time to do some policy analyst shit.


Trof.


I use to pay a lot more attention to this stuff, then work got real busy and most of what I knew slipped through the sieve of my mind.  

It can be a nice hobby, though.  It's fun to read a news report on X and make the connection to the seemingly unrelated issues of Y and Z half a globe away.
Link Posted: 12/19/2014 9:20:48 AM EDT
[#49]
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I use to pay a lot more attention to this stuff, then work got real busy and most of what I knew slipped through the sieve of my mind.  

It can be a nice hobby, though.  It's fun to read a news report on X and make the connection to the seemingly unrelated issues of Y and Z half a globe away.
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Everybody wants to be a policy analyst, till its time to do some policy analyst shit.


Trof.


I use to pay a lot more attention to this stuff, then work got real busy and most of what I knew slipped through the sieve of my mind.  

It can be a nice hobby, though.  It's fun to read a news report on X and make the connection to the seemingly unrelated issues of Y and Z half a globe away.


There are guys on this board who get paid to do it and have access to resources to do it well.

Link Posted: 12/19/2014 9:23:48 AM EDT
[#50]
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I try so hard to hate that Russian bastard, but watching him sing Blueberry Hill is fucking hilarious.

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Ahhh... fuck it... Let's sing like the good ol' days

http://youtu.be/IV4IjHz2yIo

http://youtu.be/IV4IjHz2yIo



I try so hard to hate that Russian bastard, but watching him sing Blueberry Hill is fucking hilarious.




I propose  a talent contest between our respective dictators.   Obama vs Pootiepoo singing and dancing.  


It wouldn't settle shit but the comedy value would be epic.  Somehow I picture Obama singing like William Shatner.  Speaking the lyrics.  
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