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  #21  
Old 07.18.2008
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News of Nigerian cut causes oil market to rebound
7/18/08


Quote:

SINGAPORE — Oil rebounded to near $131 a barrel Friday in Asia as news of an output cut in Nigeria helped to halt the sharp decline in prices that began three days ago.


Eni SpA said Thursday that it had shut down pipelines carrying 47,000 barrels of oil a day after a "sudden drop of pressure."
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  #22  
Old 07.18.2008
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Ok Cybergal, you just spoiled it
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  #23  
Old 07.18.2008
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Quote:
Originally Posted by Ronnocomot View Post
Don't mind Rex, he lives in his own little world.
So how much do you have invested in oil extraction? Nothing? Me neither- run the numbers; it doesn't make any financial sense.
How many drilling rigs and platforms are sitting around in storage? Know of any? Me neither.
How many out of work oil workers have you met in the last few years? None? Me neither.
We live in the same little world Ron, only difference is that I'm willing to recognize and accept reality. You on the other hand...
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  #24  
Old 07.18.2008
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Originally Posted by rex View Post
So how much do you have invested in oil extraction? Nothing? Me neither- run the numbers; it doesn't make any financial sense.
How many drilling rigs and platforms are sitting around in storage? Know of any? Me neither.
How many out of work oil workers have you met in the last few years? None? Me neither.
We live in the same little world Ron, only difference is that I'm willing to recognize and accept reality. You on the other hand...
BEXP Nasdaq.
PLLL Nasdaq.

Owned them both since 2006
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  #25  
Old 07.18.2008
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Quote:
Originally Posted by Cybergal View Post
News of Nigerian cut causes oil market to rebound
7/18/08
I recieved an e mail from a rich Nigerian oil tycoon that wnts me to help him get his money out of that country......HEHEHE
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  #26  
Old 07.18.2008
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Originally Posted by IGM 462 View Post
I recieved an e mail from a rich Nigerian oil tycoon that wnts me to help him get his money out of that country......HEHEHE

hahahahahaha

I've gotten a couple screams for help from Nigeria also. I told them I didn't feel like helping just now. But I appreciated their offer of $10,000,000,0000,000.00
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  #27  
Old 07.18.2008
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Quote:
Originally Posted by mannmk7 View Post
hahahahahaha

I've gotten a couple screams for help from Nigeria also. I told them I didn't feel like helping just now. But I appreciated their offer of $10,000,000,0000,000.00
All he wants is
your name
Address
Your bank account number
and possibly your social will be needed..

I get email scams from Nigeria daily... starting to get some from the UK as well..
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  #28  
Old 07.18.2008
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Quote:
Originally Posted by rex View Post
So how much do you have invested in oil extraction? Nothing? Me neither- run the numbers; it doesn't make any financial sense.
How many drilling rigs and platforms are sitting around in storage? Know of any? Me neither.
How many out of work oil workers have you met in the last few years? None? Me neither.
We live in the same little world Ron, only difference is that I'm willing to recognize and accept reality. You on the other hand...

Ever hear of Kinder-Morgan? [LINK POSTED BY MEMBER] Only Members Can View This Truck Forum Link.
They own the pipeline structures that the oil companies lease to move product. They also own transfer stations and storage terminals as well. I worked for the company they bought out. Ever hear of SFPP? (Sante Fe Pacific Pipeline).
Companies like Kinder-Morgan wouldn't be in business if they had no product to run in the lines or store.
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  #29  
Old 07.18.2008
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Originally Posted by Ron-MARS Trucking View Post
Ever hear of Kinder-Morgan? [LINK POSTED BY MEMBER] Only Members Can View This Truck Forum Link.
They own the pipeline structures that the oil companies lease to move product. They also own transfer stations and storage terminals as well. I worked for the company they bought out. Ever hear of SFPP? (Sante Fe Pacific Pipeline).
Companies like Kinder-Morgan wouldn't be in business if they had no product to run in the lines or store.
Your point?
rx
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  #30  
Old 07.18.2008
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Quote:
Originally Posted by rex View Post
Your point?
rx
I'm making money on the "high" oil prices from my investments so what's your point?
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