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Are we on the cusp of a huge oil rally?


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#1 PrintFaster

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Posted 08 May 2021 - 02:17 PM

OIH had the largest weekly volume in years, huge buying at last Friday's close.

 

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#2 Rogerdodger

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Posted 08 May 2021 - 08:20 PM

Somebody knew something.... ;-)

 

Isn't it convenient that Buffet owns railways which transport oil.

I always wondered who pays all of the pipeline protesters who block pipelines for months on end.

"Follow the money" they say.

 

Major US pipeline halts operations after ransomware attack


Edited by Rogerdodger, 08 May 2021 - 09:41 PM.


#3 slupert

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Posted 09 May 2021 - 06:50 AM

Somebody knew something.... ;-)

 

Isn't it convenient that Buffet owns railways which transport oil.

I always wondered who pays all of the pipeline protesters who block pipelines for months on end.

"Follow the money" they say.

 

Major US pipeline halts operations after ransomware attack

Will this set  off an inflation frenzy?



#4 slupert

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Posted 09 May 2021 - 06:52 AM

 

Somebody knew something.... ;-)

 

Isn't it convenient that Buffet owns railways which transport oil.

I always wondered who pays all of the pipeline protesters who block pipelines for months on end.

"Follow the money" they say.

 

Major US pipeline halts operations after ransomware attack

Will this set  off an inflation frenzy?

 

True the U,S, economy isn't a slave to oil like it once was, but Roubini said we would see an oil supercycle , then a crash in 2008. He sure was right about that one. (JMHO)



#5 fib_1618

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Posted 09 May 2021 - 10:39 AM

 

 

Somebody knew something.... ;-)

 

Isn't it convenient that Buffet owns railways which transport oil.

I always wondered who pays all of the pipeline protesters who block pipelines for months on end.

"Follow the money" they say.

 

Major US pipeline halts operations after ransomware attack

Will this set  off an inflation frenzy?

 

 

True the U,S, economy isn't a slave to oil like it once was...

 

 

If this were the actual case, then radical environmentalists and other anti-capitalists wouldn't be trying to sabotage this energy source as they have over the last 60 years, up to and including, those who are running the Federal Government at this time.

 

Your use of the word "slave" is misguided...ask the people in Texas during the recent cold snap...they'll tell you otherwise.

 

Fib
 


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#6 da_cheif

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Posted 09 May 2021 - 05:27 PM

 

 

Somebody knew something.... ;-)

 

Isn't it convenient that Buffet owns railways which transport oil.

I always wondered who pays all of the pipeline protesters who block pipelines for months on end.

"Follow the money" they say.

 

Major US pipeline halts operations after ransomware attack

Will this set  off an inflation frenzy?

 

True the U,S, economy isn't a slave to oil like it once was, but Roubini said we would see an oil supercycle , then a crash in 2008. He sure was right about that one. (JMHO)

 

roubini over the years has allways been bearish and finally one of his 100s of c h i t 

crash calls finally stuck to the wall....llol


Edited by da_cheif, 09 May 2021 - 05:28 PM.


#7 Bernie

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Posted 10 May 2021 - 07:11 AM

 

 

 

Somebody knew something.... ;-)

 

Isn't it convenient that Buffet owns railways which transport oil.

I always wondered who pays all of the pipeline protesters who block pipelines for months on end.

"Follow the money" they say.

 

Major US pipeline halts operations after ransomware attack

Will this set  off an inflation frenzy?

 

 

True the U,S, economy isn't a slave to oil like it once was...

 

 

If this were the actual case, then radical environmentalists and other anti-capitalists wouldn't be trying to sabotage this energy source as they have over the last 60 years, up to and including, those who are running the Federal Government at this time.

 

Your use of the word "slave" is misguided...ask the people in Texas during the recent cold snap...they'll tell you otherwise.

 

Fib
 

 

Keystone pipeline good example...



#8 blackcloud

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Posted 11 May 2021 - 07:19 PM

After that retrace (OIH) looks like a pretty good cup & handle.