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US shale oil hitting the skids, page-107

  1. 15,767 Posts.
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    Hallelujah, Eshmun, a dude who makes perfect sense, thanks for this. (was wondering after first few catwalk models and cars, nice though they were too!)

    Don't suppose I could ask you to post this on SXY and BRU also please? (edit, sorry, I just noticed you did post on SXY, thanks)

    I posted this on those boards earlier, BTW:

    Oil spanked again, but...

    From Bloomberg, 15 Jan 2016, 11:34:09 PM
    Oil will turn into a new bull market before the year is out as the price rout shuts down sufficient production to erode the global glut, according to Goldman Sachs Group Inc.

    To read the entire article, go to http://bloom.bg/1SRIrOB

    (Also, Esh, I see you are particularly pessimistic over at TLM about metals exploration in general - personally, I think it may take a little longer eg for Copper, but the same cyclical dynamics will surely play out? The Bloomberg article above is ostensibly about oil, but also mentions commodities in general.)
    Last edited by CEOChair: 16/01/16
 
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