glasshouse
Member
- Location
- lothians
Big falls today
Oil and stocks crash
- Thread starter glasshouse
- Start date
- Location
- Mendips Somerset
it will bounce back , oil might take a bit longer which might be good long term , be a boom for a while next autumn while everything gets restocked and cheaper fuel , good time to buy shares
Dead cat bounce this morning
Sod it - got 1500 ltrs of heating oil 3 weeks last Friday, and was pleased that it was just over £100 cheaper than the last load,Dead cat bounce this morning
back in June, now what - another £50 - £100 off????. Mind you, if oil prices are still down by the time for the next load??
live in hope.
Yep. I have a tankful coming today or tomorrow. As I'd said in one of the other threads, if this is my worst fuel deal this year I'll be happy enough that I hedged my bets. Slightly pointless when I'm ordering fuel every 10 days during harvest though.
Don't like dead cat bounces!Dead cat bounce this morning
Anybody brave enough could use their ISA allowance now if they are brave enough. Who knows, it might rumble long enough to use next year's as well!!??
endeavour
Member
- Location
- centre of milky way Carmarthenshire
You have lost nothing unless you have to sell on a depressed market or you have a pension or other policy maturing iminently. There are opportunities for the brave or reckless what goes round comes around!!!
deleted user 837354
Member
I can't believe it but I heard an oil industry expert claiming that both the Saudis and Americans can crank oil out of the ground for only $7 a barrel!!!
Hilly
Member
- Location
- Scottish Borders.
As much as that , I’d have guessed less .
I'll bet some of that needed over $80/barrel to justify drilling for it in the first place. Once they had a few years of paying off the initial investment and infrastructure, the marginal costs of running well direct into pipelines is pretty small. It's the tar sands extraction that is still high cost with every barrel and remote location extraction e.g. Haliburton in the deeper parts of the Gulf of Mexico or Arctic that will be hurting.
- Location
- roe valley
Mate has just bought 100k worth of stocks in an oil company.
oil barron
Member
- Location
- Aberdeenshire
Some experts on here.
think I’ll head over to the drillers forum and chat about how farmers make loads of money coz the stuff pretty much grows out of the ground for free.
think I’ll head over to the drillers forum and chat about how farmers make loads of money coz the stuff pretty much grows out of the ground for free.
- Location
- Wales UK
oil barron
Member
- Location
- Aberdeenshire
Some experts on here.
think I’ll head over to the drillers forum and chat about how farmers make loads of money coz the stuff pretty much grows out of the ground for free.
Halliburton big producers are they?
think I’ll head over to the drillers forum and chat about how farmers make loads of money coz the stuff pretty much grows out of the ground for free.
Halliburton big producers are they?
Experts? An "ex" is a has been & a "spurt" is just a drip under pressure.
Please, enlighten us. You know more about the industry than most of us. What's your view, in an internet chat room open to all?
I've no idea. Just a name most will recognise for the wrong reasons.
The London Palladium event “BPR Seminar”
This is our next step following the London rally 
BPR is not just a farming issue, it affects ALL business, it removes incentive to invest for growth
Join us @LondonPalladium on the 16th for beginning of UK business fight back
lwtheatres.co.uk
BPR is not just a farming issue, it affects ALL business, it removes incentive to invest for growth
Join us @LondonPalladium on the 16th for beginning of UK business fight back
BPR Summit | LW Theatres
lwtheatres.co.uk