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Will the Shale Oil Credit Bubble Burst and Expose The Fake Economy


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2014 Dec 12, 5:38am   36,444 views  83 comments

by smaulgld   ➕follow (4)   💰tip   ignore  

Oil Drops Below $60 a Barrel – The Implications

Are Lower Oil Prices the Result of a Directive from The U.S. to Saudi Arabia to Harm Russia?

Or is Saudi Arabia Lowering Oil Prices to Cripple the Competing U.S. Shale Oil Industry?

https://smaulgld.com/black-swan-cheap-oil/

http://www.youtube.com/embed/Cmylo6TOUCY

#bubbles

« First        Comments 61 - 83 of 83        Search these comments

61   HydroCabron   2014 Dec 14, 10:58am  

Vicente says

I find the whole thing hilarious.

Now my Fox News relatives who were SCREECHING about Keystone XL pipeline, will be SOOO redfaced when it's all closed down. Their Oil Baron masters who assured them a bright future with JOBS let them down again.

When Keystone fell through, all my dreams died. Now I just sit and stare.

Sometimes I hear a horn honk in the distance, but it's probably just the wind.

62   Vicente   2014 Dec 14, 12:09pm  

HydroCabron says

When Keystone fell through, all my dreams died. Now I just sit and stare.

Without that pipeline, we lost 300-million jobs.

I think all that's left now is apprenticing for Meth Lab Tech.

63   smaulgld   2014 Dec 14, 4:56pm  

Vicente says

HydroCabron says

When Keystone fell through, all my dreams died. Now I just sit and stare.

Without that pipeline, we lost 300-million jobs.

I think all that's left now is apprenticing for Meth Lab Tech.

Without the pipeline and because of our reluctance to extend unemployment benefits this country has probably lost around a billion or two jobs every year
Why do we hate the job creators?

64   Vicente   2014 Dec 16, 6:46am  

No worries gang!

Mitch is going to save us all by passing that Keystone XL bill first thing in 2015.

Throw in some Wall Street handouts and maybe outlaw abortion to boot.

MISSION ACCOMPLISHED!

65   indigenous   2014 Dec 16, 7:15am  

smaulgld says

Without the pipeline and because of our reluctance to extend unemployment benefits this country has probably lost around a billion or two jobs every year

I would think Buffet owning the Burlington Northern has something to do with it.

66   smaulgld   2014 Dec 16, 7:24am  

Vicente says

No worries gang!

Mitch is going to save us all by passing that Keystone XL bill first thing in 2015.

Throw in some Wall Street handouts and maybe outlaw abortion to boot.

MISSION ACCOMPLISHED!

Boehner will be crying tears of joy!

67   anonymous   2014 Dec 16, 10:47am  

Source: Gail Tverberg

an interesting comparison...

68   Bubbabeefcake   2014 Dec 26, 11:36am  

The real reason for falling oil prices
http://youtu.be/PRrwmrZ0sAQ

69   smaulgld   2014 Dec 26, 7:15pm  

Bubbabear says

The real reason for falling oil prices

http://youtu.be/PRrwmrZ0sAQ

The first video provided a better explanation!

70   smaulgld   2014 Dec 26, 7:21pm  

Bubbabear says

The real reason for falling oil prices

http://youtu.be/PRrwmrZ0sAQ

Nothing there -it's BOTH
Hit the US AND hit the Russians And Iran

The US knows that if it gets too bad for us shale and the derivatives/market they will bail them out

The actions also reflect the military lobby exercising its muscle over the oil lobby

71   smaulgld   2014 Dec 26, 10:14pm  

Bubbabear says

The real reason for falling oil prices

http://youtu.be/PRrwmrZ0sAQ

The guy in that video is oblivious to the strained US saudi relations
Saudi arabia is flexing its muscles
SA wanted the US to take care of syria iran and its supporter Russia and it didnt

72   bob2356   2014 Dec 26, 10:14pm  

landtof says

Source: Gail Tverberg

an interesting comparison...

Where is the demand and usage on this chart? Without those it's meaningless. You know, the supply AND demand thing.

73   bob2356   2014 Dec 26, 10:22pm  

bgamall4 says

smaulgld says

bgamall4 says

Half the CME trades may be fake, according to a lawsuit pending. So the drop in prices is likely done by the financial sector as well.

Agree that financial sector can manip up or down but this is clearly a flooding of supply driving the price down

But supply has been flooded for years.

No it hasn't. But keep thinking it's all a zionist plot.

74   smaulgld   2014 Dec 26, 11:29pm  

sbh says

Sit and watch the lightning in the distance, but the showers never come.

it's all political- no pipeline -it was stopped for environmental reasons BUT fracking which probably creates longer term environmental damage went on.
Which creates more jobs or environmental damage? probably didn't factor into any decisions, just who lobbied with the most dollars

75   Y   2014 Dec 26, 11:43pm  

Of course! China does not have 5000 nukes and a tendency to invade those around them...

Peter P says

smaulgld says

Are Lower Oil Prices the Result of a Directive from The U.S. to Saudi Arabia to Harm Russia?

Of course not! At what cost? Strengthening China?

76   Y   2014 Dec 26, 11:49pm  

Depends on the meaning of 'revolves'...

smaulgld says

There aren't any. The debate is over.

Yep the sun revolves around the earth its settled

77   Bubbabeefcake   2014 Dec 27, 2:23am  

smaulgld says

Bubbabear says

The real reason for falling oil prices

http://youtu.be/PRrwmrZ0sAQ

The guy in that video is oblivious to the strained US saudi relations

Saudi arabia is flexing its muscles

SA wanted the US to take care of syria iran and its supporter Russia and it didnt

Just another oblivious expansion

http://youtu.be/YIbc5b9Yqdc

78   smaulgld   2014 Dec 27, 2:42am  

Bubbabear says

smaulgld says

Bubbabear says

The real reason for falling oil prices

http://youtu.be/PRrwmrZ0sAQ

The guy in that video is oblivious to the strained US saudi relations

Saudi arabia is flexing its muscles

SA wanted the US to take care of syria iran and its supporter Russia and it didnt

Just another oblivious expansion

http://youtu.be/YIbc5b9Yqdc

Lol trying to distract Putin! as if they/he cant focus on anything but falling oil prices

79   indigenous   2014 Dec 27, 4:35am  

That video assumes the Fed is the only central bank.

80   smaulgld   2014 Dec 27, 4:37am  

indigenous says

That video assumes the Fed is the only central bank.

The video makes plenty of assumptions and assertions stated as fact-information like that is no better than the misinformation that he claims the main stream media produces.

81   indigenous   2014 Dec 27, 5:01am  

smaulgld says

The video makes plenty of assumptions and assertions stated as fact-information like that is no better than the misinformation that he claims the main stream media produces.

Not that I disagree with the Austrian/Libertarian view, but it does make one think negatively, passing by opportunities or not doing anything and getting eaten up by inflation.

82   smaulgld   2014 Dec 27, 5:08am  

indigenous says

Not that I disagree with the Austrian/Libertarian view, but it does make one think negatively, passing by opportunities or not doing anything and getting eaten up by inflation.

Not being in the stock market because you think its a "fake paper game" means you have missed out on gains.
Check out the this discussion on patnet http://patrick.net/?p=1274767

83   anonymous   2014 Dec 28, 3:54pm  

bob2356 says

Where is the demand and usage on this chart? Without those it's meaningless. You know, the supply AND demand thing.

yeah i know - the central bank bicycle pump kind of demand.

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