Crude Oil

[Panda-NZ-]

Well then I guess its pay the price or get on your bike.

You may keep your dino blood I dont have a need for it currently.

Taxed too much anyway.

[JBmurc]

You may keep your dino blood I dont have a need for it currently.

Taxed too much anyway.

Good to hear ..I hope you also don't use any products derived from dino blood ...like Bicycle Tires ??

[ynot]

Good to hear ..I hope you also don't use any products derived from dino blood ...like Bicycle Tires ??

Not to mention the Indonesian coal being burnt in Huntly to keep the grid running, or are you running on candle light Panda.

[fish]

Natural gas prices now beating the 2008 highs and oil similar .
Reminds me of 2008 with NZo and Tui-earning $100 million p.a.
Hopefully this time-and judging by futures-it will be sustained for many years .

[Valuegrowth]

https://markets.businessinsider.com/...flation-2022-6

[JBmurc]

Oil Markets Could Face A Doomsday Scenario This Week


https://oilprice.com/Energy/Energy-G...This-Week.html

[airedale]

Hi JB,I remember a few years ago, Bermuda was recommending a book by a well respected oil engineer , called something like Crisis in the Desert, or simillar. Anyay the author predicted that Saudi did not really have as much spare capacity as they claimed, so eventually the real shortage/crisis would become apparent. Does anyone remember the author or name of the book?

[stoploss]

Hi JB,I remember a few years ago, Bermuda was recommending a book by a well respected oil engineer , called something like Crisis in the Desert, or simillar. Anyay the author predicted that Saudi did not really have as much spare capacity as they claimed, so eventually the real shortage/crisis would become apparent. Does anyone remember the author or name of the book?

Maybe this
https://www.wiley.com/en-us/Twilight...-9780471790181

[JBmurc]

Hi JB,I remember a few years ago, Bermuda was recommending a book by a well respected oil engineer , called something like Crisis in the Desert, or simillar. Anyay the author predicted that Saudi did not really have as much spare capacity as they claimed, so eventually the real shortage/crisis would become apparent. Does anyone remember the author or name of the book?

Yes any issue with Saudi Production would see $150bbl crossed pretty quick >>

[airedale]

Maybe this
https://www.wiley.com/en-us/Twilight...-9780471790181

Thanks Stoploss, Twilight in the Desert by Matthew R Simmons.