Houston..we have a problem....

8,199,198 Views | 29786 Replies | Last: 3 hrs ago by Kansas Kid
One Eyed Reveille
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AG
Clear your search history every once in a while atmtws
aggiesundevil4
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atmtws
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Heisenberg01
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One Eyed Reveille said:

Clear your search history every once in a while atmtws

Funny enough he was so "excited" about oil prices that he posted the same image on both the Business and the Politics boards. The crude price is certainly well stimulated.
Aggie71013
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I intentionally disable / opt out of targeted advertising and get some wild advertising. On Youtube I regularly get ads for Filipino or Ukrainian brides. When you click into the why are you seeing this ad it's because of my "general location and time of day". Also see similar ads to this that always seem to be TEMU, Shein, or other Chinese garbage marketplace.
Daytona22
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How high do we think oil price is going to go? Some analysts saying up to $150
Comeby!
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Haha. This thread has more action than the oil price today.
SpreadsheetAg
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One Eyed Reveille said:

Clear your search history every once in a while atmtws


If you actually zoom in on the images ; none of them are sexual

1. A man and his wife in beige / brown pajamas
2. 3 hands showing off wrist bracelets
3. A battery shaver shaving a leg or arm
4. A lady in a pink dress
5. A lady in a pink dress
6. A hoodie

Haha, Maybe get your mind out of the gutter . Although I do think it's intentionally AI wizardry to do exactly what happened here. Shade and patterns in just the right way to trick the human eye into seeing something that's not there. Very subliminal.
Ag CPA
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Not going to lie I fell for it at first too.
Furlock Bones
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Brent looking likely to go over a 100. Ts and Ps to the diesel drivers. Middle distillates to the moon.
Dirty Mike and the Boys
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Feels inevitable that we're gonna get to $150. T&P to the folks I know still long Waha basis.
OwlAg13
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$100 is here
El Chupacabra
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110 is here
Gordo14
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The question is likely to be - at what oil price does violent demand destruction occur (I'd say a 10% drop in global demand may be necessary if things don't reverse course yesterday).

WTI has almost inverted with Brent. Really didn't think that would be possible since WTI became fungible into Brent. Shows just how aggressive the Asian market is bidding up barrels. Insane dislocations occurring right now.
Dan Scott
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Supply disruption will eat up demand disruption if this continues.
jagvocate
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Brent settles in currency, West Texas Intermediate settles in oil.

Molecules > Digits right now.

Gordo14
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jagvocate said:

Brent settles in currency, West Texas Intermediate settles in oil.

Molecules > Digits right now.


Not exactly - see dated Brent and Brent 1st line. It makes Brent into TI+freight in normal market conditions. We are not in normal market conditions.
tremble
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Raptors, boats, and hoes.
Gordo14
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Already at $115. We're well on our way to $150 by the end of the week. Incredible.
Ag CPA
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Filled up the cars, now I just need to figure out how to stay home the next two weeks.
DripAG08
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HOLEE CHIT. WE ARE SO FUGGIN BACK.
SpreadsheetAg
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Bass boats and four wheelers for everyone!!!!
DripAG08
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The loan departments at banks in Midland are going to be busy tomorrow.
Comeby!
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Might be time to sell some WBO WI soon.
techno-ag
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All those prayers for just one more oil boom are being answered.
The left cannot kill the Spirit of Charlie Kirk.
Bibendum 86
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Bibendum 86 said:

Ag CPA said:

WTI in the upper-$70s this morning.

Banker friend tells me every producer in his book wants to hedge now as far out as possible.
All sorts of offers way out the curve on TI and Brent as strategics want to hedge. The funds will buy it up.
CheeseSndwch
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Looks like meat's back on the menu, boys!
Gordo14
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Bibendum 86 said:

Bibendum 86 said:

Ag CPA said:

WTI in the upper-$70s this morning.

Banker friend tells me every producer in his book wants to hedge now as far out as possible.
All sorts of offers way out the curve on TI and Brent as strategics want to hedge. The funds will buy it up.

The curve is so backward, I think it's a mistake right now.
Bibendum 86
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Dirty Mike and the Boys said:

Feels inevitable that we're gonna get to $150. T&P to the folks I know still long Waha basis.
im still trying to figure out why anyone would have been long Waha <gas> basis under any circumstance other than a nuisance position - not big/durable enough to succumb to the midstream pirates that are somewhat flexible like WWM or KM and certainly not willing to capitulate to Uncle Hugh Brinson. And Atmos just sits there like the proverbial knot on a log
Ag CPA
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tremble said:

Raptors, boats, and hoes.

WTI back to $85 so cancel the Raptors and boats.

Keep the hoes.
txaggie_08
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I'd probably dump the hoe and keep the boat. Less expensive.
Ag CPA
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From experience with boats the Raptor is probably the less expensive option.
MAROON
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txaggie_08 said:

I'd probably dump the hoe and keep the boat. Less expensive.
it flys, floats or ****s……..
What do you boys want for breakfast BBQ ?.....OK Chili.
Charlie Murphy
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Boats are more fun though
Welcome to the China Club

"Here's the pitch...POPPED it up! Oh man, that wouldn't be a home run in a phone booth."
-Harry Carey
sports
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So every country that has reserves in dumping them on the market to "help" with price. This war could end at any moment or early April if Trumps timeline hold true. I could see a scenario with oil comes back to the 70s by end of April when all that supply prices in and the disruptions wane.

My question is how many days would it take on average for that oil to physically hit the market?
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