Why oil decline could get ugly again soon (CNBC News) - GoHaynesvilleShale.com2024-03-29T10:11:32Zhttps://gohaynesvilleshale.com/forum/topics/why-oil-decline-could-get-ugly-again-soon-cnbc-news?commentId=2117179%3AComment%3A3472988&feed=yes&xn_auth=noThere is so many contradictio…tag:gohaynesvilleshale.com,2015-03-13:2117179:Comment:34739732015-03-13T18:27:14.035ZMatt Hallhttps://gohaynesvilleshale.com/profile/MattHall
<p>There is so many contradictions, and innuendo in that article it makes my head spin. A true leftist communist wrote that article. More drivel for the unwashed masses! But I digress! </p>
<p>There is so many contradictions, and innuendo in that article it makes my head spin. A true leftist communist wrote that article. More drivel for the unwashed masses! But I digress! </p> Still drilling at four-decade…tag:gohaynesvilleshale.com,2015-03-10:2117179:Comment:34729882015-03-10T17:15:44.628ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p><em><span style="color: #000000; font-family: 'Helvetica Neue',HelveticaNeue,helvetica,arial,sans-serif; font-size: 15px; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: 24px; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; display: inline ! important; float: none; background-color: #ffffff;">Still drilling at four-decade highs, the U.S. oil industry could<br></br>help drive another price collapse in crude this…</span></em></p>
<p><em><span style="color: #000000; font-family: 'Helvetica Neue',HelveticaNeue,helvetica,arial,sans-serif; font-size: 15px; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: 24px; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; display: inline ! important; float: none; background-color: #ffffff;">Still drilling at four-decade highs, the U.S. oil industry could<br/>help drive another price collapse in crude this spring.</span></em></p>
<p><span style="color: #000000; font-family: 'Helvetica Neue',HelveticaNeue,helvetica,arial,sans-serif; font-size: 15px; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: 24px; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; display: inline ! important; float: none; background-color: #ffffff;">Crude <span style="text-decoration: underline;">production</span> is at a four decade high however <span style="text-decoration: underline;">drilling</span> is not. The rig count has been in decline for 14 weeks with a total of 653 rigs dropped to date. <br/></span></p> However, if there were a deal…tag:gohaynesvilleshale.com,2015-03-10:2117179:Comment:34729042015-03-10T15:08:41.233Zjffree1https://gohaynesvilleshale.com/profile/jffree1
<p><em>However, if there were a deal with the West to end its nuclear program, Iran could move oil that it may have in storage into market, spurring a temporary <strong>jump</strong> in prices.</em></p>
<p>Someone explain to me how Iran moving <strong>more oil</strong> into the world market could cause a spike in prices... which are currently depressed due to over supply. </p>
<p><em>However, if there were a deal with the West to end its nuclear program, Iran could move oil that it may have in storage into market, spurring a temporary <strong>jump</strong> in prices.</em></p>
<p>Someone explain to me how Iran moving <strong>more oil</strong> into the world market could cause a spike in prices... which are currently depressed due to over supply. </p>