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The Forum > Article Comments > Is a big move in oil prices due? > Comments

Is a big move in oil prices due? : Comments

By Brian Noble, published 3/7/2017

WTI is down about 12 percent for the month of June and is set for its longest run of weekly declines since 2015.

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More like wishful (Make a killing) thinking Brian, than a genuine attempt to analyse market trends?

Suggest you look at current Coles (down down, prices are down) advertising to understand what's happening and will likely continue into the future? As the smart money looks at the predictable long term future; and or, our ultimate survival as a species!

That long term future is electric and thorium powered! And based entirely on pragmatic economics! Even if it also guarantees our ultimate survival?

Perhaps there's a better reason? Like, how and what to do, invest in, in order to become on the rich list as being up there with the other rich list, who's who, buried in some billionaire's graveyard?

With epitaphs that read like, here lays Awesome Wells, born in the year of our lord 2021, died 2071, of obesity related diabetes, trying to just consume more, as the richest fracking oil billionaire?
Alan B.
Posted by Alan B., Monday, 3 July 2017 10:39:35 AM
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Let us all hope then that the oil keeps flowing through the industrial veins of the West, and stays out of the hands of the wrecking class, that have rendered many to the dark ages with unaffordable electricity in the name of ethical progress.
Posted by diver dan, Tuesday, 4 July 2017 7:02:07 AM
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Diver, we could also create our own never ending natural fuel source by growing oil rich algae, as a very broad scale mop crop! With some types up to 60% recoverable oil!

Algae absorb up to 2.5 times their own bodyweight in atmospheric carbon, and under optimised growing condition can double that capacity and associated oil content every 24 hours!

So the one million gallons you have Monday, can be two million gallons Tuesday! Four million gallons Wednesday, eight Thursday, and sixteen million gallons on the fifth day of assisted optimised production! 32 on Saturday, 64 by Sunday!

We don't have sufficient intelligence or capital and par for the course for our investors, with a yank firm left to trial biodiesel production in our northwest!

A spokesman for the group is on the public record as saying, with broad scale production and even with a fuel excise imposed 44 cents a litre for a superior diesel product is doable! And believable given the growth rate even using available salt sea water.

Simple child's play extraction that only requires sun drying then rudimentary crushing to produce, superior, better lubricating diesel or jet fuel.

Why isn't everyone doing it? Don't ask me, but those brain dead troglytes, ready to oppose rationality, with their last dying breath!

Why, the ex crush biomass ready made for a non arable land or diverted food production, energy efficient ethanol production, with the resultant sludge still able to be used in 3rd stage, digestors to produce usable biogas!

Nothing better beckons as a means to revitalize the Murray/Darling basin as a productive zone, given algae grown in lieu of other irrigated crops, only requires 1-2% of the water of traditional irrigation! Moreover, there is no other cash crop that can even get near that phenomenal growth rate or projected return!

There is still 6 billion in the save the Murray kitty and no finer projected use for it for all who rely on the Murray, be they cash strapped irrigators or the environment! Or almost bankrupt South Australia!
Alan B.
Posted by Alan B., Tuesday, 4 July 2017 11:10:36 AM
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