oil OPEC

A Billion Barrel Bet

You know, sometimes you just have to laugh. Or shake your head. Or, my personal favorite, pull a Captain Picard...

You know, sometimes you just have to laugh. Or shake your head. Or, my personal favorite, pull a Captain Picard...
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4 comments on “A Billion Barrel Bet

  1. Hmm, what do they know that we don’t. This is either a big bet on Trump doing something that will make oil prices rocket, or a sure thing because they know that Trump will do something that will make oil prices rocket.

    That doesn’t mean that the third option (Hedge Fund managers are just fucking stupid) is entirely off the table.

  2. A figure representing ten days of world production? Where would the price be without hedge fund involvement? The shale players are thankful?

  3. Curt Tyner

    This is a scam. Fools looking for yield in market bleeding cash and bank passing out the heroin. “Sh*t no problem”, we have ink and funny paper lets just print some more “pain killer” for the addicts.

  4. gabriel-mk2

    Don’t forget there will be new sanctions on Iran according to Trump. Maybe some people are expecting the Iranian oil exports to decrease bigly, if this happens the angry Iranians won’t stay quiet.

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