"The market is the determining factor? Six trillion from the Fed for corporate bond purchases tells me that statement is a whopper. Anyone claiming market ascendancy in this environment will raise eyebrows. Thirty two million unemployed, and we have…"
Richard David Otley's Page
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Richard David Otley replied to Skip Peel - Mineral Consultant's discussion 2030 Is the New 2050: The Oil Industry Begins to UnwindRichard David Otley replied to Skip Peel - Mineral Consultant's discussion 2030 Is the New 2050: The Oil Industry Begins to Unwind"I know you have a reasoned position, and knew recent deregulation would have a blowback consequence. I think we both know of the possibilities. "
Richard David Otley replied to Skip Peel - Mineral Consultant's discussion 2030 Is the New 2050: The Oil Industry Begins to Unwind"Fracking will be regulated enough to ban it. All the momentum is headed that way."
Richard David Otley replied to Skip Peel - Mineral Consultant's discussion 2030 Is the New 2050: The Oil Industry Begins to Unwind"And today, a major national candidate potentially a heartbeat away from the highest office who has openly vowed to ban fracking. I do sense a pivot. BP was definitely a precusor."
Richard David Otley replied to Skip Peel - Mineral Consultant's discussion BP will slash oil production by 40% and pour billions into green energy"What are you inclined to believe? Would you be shocked if they unloaded? I know you do not speculate, but whatever they do will tell us a lot about the future of the industry."
Richard David Otley replied to Skip Peel - Mineral Consultant's discussion BP will slash oil production by 40% and pour billions into green energy"Hope they are less damaging and more fortcoming, along with being more sustainable. There is nothing encouraging about BP’s record."
Richard David Otley replied to Dion Warr, CPL's discussion Consolidation: Chevron buys Noble Energy"Noble might have been great, but Stover and his syncophants were not"
Richard David Otley replied to Skip Peel - Mineral Consultant's discussion Aethon/Black Stone Development Agreement In Angelina"You might be looking at the begining of the downward trend. The political and economic pressures have yet to really shift into gear. That is something Fed funny money cannot counter. We are not talking DJIA here; it is demand for a commodity"
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- At 5:52 on July 17, 2020,
Stella Abud said… Good Day,
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Have a nice day
Thanks God bless.
Stella.
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