milloy

Comment Stream » XHB

Comment Stream
Filter comments by:
Highest rated Latest comments
Or filter by symbol:
  • The Oil Bubble Will Meet the Same Fate as Tech, Housing
    people actually pay you to manage money?

    Sure new fields are being found, unfortunately larger ones like the Tupi are 23,000ft below sea level (including 6,000ft of water), not to mention that every single deep water rig in existence is already contracted out. Couple this with declining production of existing oil fields (including vital ones like the Cantarell & Gawhar) and anyone with a basic grasp of the forces of supply/demand would conclude your simplistic thesis is pure idiocy.
    Jul 18 12:28 pm |Rating: 0 0 |Link to Comment |View article

milloy's Comments Stream Stats

  • 5 Comments, 0 , 0
  • Total Comment Stream rating - = 0