We May Be In Serious Trouble

[Gelsons Dad]

Brent crude trading at $44 per barrel down from $147. Our owners have a country to look after and their earnings have just plummeted in the last six months along with the money lost to this fraud. We may still be the riches club in the world but I don't think you will see any silly money being offered for anyone in Jan. Especially as we are doing so badly.

 

[mike channon´s windmill]

They make that back every time crude oil prices go up a dollar a barrel

 

[Gelsons Dad]

They make that back every time crude oil prices go up a dollar a barrel

Unfortunately oil is going down not up!!

 

[mike channon´s windmill]

Still make money on every barrel though - just means they´re making less atm - just cut production so expect crude at back over 100 dollars in the near future

 

[Prestwich_Blue]

We're not owned by the Abu Dhabi Investment Authority - the Sheikh uses his personal money to fund City, via ADUG.

 

[mike channon´s windmill]

As well - correct

 

[RobsondeSouza]

They make that back every time crude oil prices go up a dollar a barrel

Unfortunately oil is going down not up!!

"Unfortunately" the lower oil goes the better for me....

 

[Gelsons Dad]

Still make money on every barrel though - just means they´re making less atm - just cut production so expect crude at back over 100 dollars in the near future

But when they have budgeted at $75 per barrel and are making $30 less on every one they sell that adds up to a huge deficit. You will not see $100 a Barrel again in the next 5 years. The worlds economies cannot afford that price.

 

[mike channon´s windmill]

5 years?! Tell that to the markets!

 

[cleavers]

They make that back every time crude oil prices go up a dollar a barrel

Unfortunately oil is going down not up!!

Its very likely to be going up again shortly, as OPEC are cutting production.