Saudi Oil Refinery attacked
#6616946
09/14/19 06:19 PM
09/14/19 06:19 PM
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Joined: Dec 2010
Posts: 1,664 Wisconsin
Green Bay
OP
trapper
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OP
trapper
Joined: Dec 2010
Posts: 1,664
Wisconsin
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Sounds like 5% of the world supply will be cut. I'm sure prices will go up already tomorrow.
Brian
Author of The Lure Hunter: A Guide to Finding Fishing Lures
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Re: Saudi Oil Refinery attacked
[Re: Green Bay]
#6617001
09/14/19 07:14 PM
09/14/19 07:14 PM
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Joined: Oct 2018
Posts: 5,570 Dunbar, Wisconsin
Pike River
trapper
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trapper
Joined: Oct 2018
Posts: 5,570
Dunbar, Wisconsin
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Sounds like 5% of the world supply will be cut. I'm sure prices will go up already tomorrow.
Brian I read the Saudis are saying it won't greatly effect their oil output. But you're right.....someone sneezes the wring way over there and prices increase 20%
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Re: Saudi Oil Refinery attacked
[Re: Green Bay]
#6617067
09/14/19 08:31 PM
09/14/19 08:31 PM
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Joined: Mar 2013
Posts: 16,988 Fredonia, PA.
Finster
trapper
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trapper
Joined: Mar 2013
Posts: 16,988
Fredonia, PA.
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I hope they all wipe each other out. The world would be a better place.
I BELIEVE IN MY GOD, MY COUNTRY AND IN MYSELF.
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Re: Saudi Oil Refinery attacked
[Re: Green Bay]
#6617165
09/14/19 09:37 PM
09/14/19 09:37 PM
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Joined: Aug 2011
Posts: 45,261 james bay frontierOnt.
Boco
trapper
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trapper
Joined: Aug 2011
Posts: 45,261
james bay frontierOnt.
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A few hundred drones with dirty bombs launched all at once could wreak a lot of havoc.
Forget that fear of gravity-get a little savagery in your life.
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Re: Saudi Oil Refinery attacked
[Re: Green Bay]
#6617184
09/14/19 09:44 PM
09/14/19 09:44 PM
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Joined: Nov 2015
Posts: 16,951 OH
Catch22
trapper
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trapper
Joined: Nov 2015
Posts: 16,951
OH
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I thought we were energy sufficient, why would this bother us?
I wonder if tap dancers walk into a room, look at the floor, and think, I'd tap that. I wonder about things.....
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Re: Saudi Oil Refinery attacked
[Re: Rat Masterson]
#6617205
09/14/19 10:01 PM
09/14/19 10:01 PM
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Joined: Nov 2007
Posts: 9,780 St. Cloud, MN
trapperkeck
trapper
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trapper
Joined: Nov 2007
Posts: 9,780
St. Cloud, MN
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I doubt it will change anything more than a couple cents. Then again, I own more than 5,000 shares of oil/gas stocks, so I might be OK with a lil uptick.
Last edited by trapperkeck; 09/14/19 10:02 PM.
"The voice of reason!"
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Re: Saudi Oil Refinery attacked
[Re: Finster]
#6617206
09/14/19 10:01 PM
09/14/19 10:01 PM
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Joined: Jan 2014
Posts: 20,914 North East Kansas
Marty
trapper
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trapper
Joined: Jan 2014
Posts: 20,914
North East Kansas
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I hope they all wipe each other out. The world would be a better place. YUP!
E 'Honey Badger Militia' Sleep, the anti woke adote.
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Re: Saudi Oil Refinery attacked
[Re: Green Bay]
#6617221
09/14/19 10:12 PM
09/14/19 10:12 PM
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Joined: Nov 2007
Posts: 9,780 St. Cloud, MN
trapperkeck
trapper
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trapper
Joined: Nov 2007
Posts: 9,780
St. Cloud, MN
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I've owned BP for 5 years or so. Great dividend and stock price has been pretty steady. Also own Valero, bought a few years ago, should have, maybe, sold last year. Not a great dividend. Bought at a bit over $80, went up to about $100, now around $80. Could have done better elsewhere, but I haven't lost anything.
"The voice of reason!"
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Re: Saudi Oil Refinery attacked
[Re: white17]
#6617228
09/14/19 10:23 PM
09/14/19 10:23 PM
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Joined: Nov 2007
Posts: 9,780 St. Cloud, MN
trapperkeck
trapper
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trapper
Joined: Nov 2007
Posts: 9,780
St. Cloud, MN
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Well that's a good thing. Valero has had a rough few months. I gave up on oil investing a couple years ago. The world is just awash in oil at the moment. I just don't see the catalyst for it to come back...........other than a major war This, certainly, isn't my life savings. More of a "holy crap, did that really happen" portfolio. It's almost as volotile as an internet stock, anymore.
"The voice of reason!"
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Re: Saudi Oil Refinery attacked
[Re: white17]
#6617247
09/14/19 10:42 PM
09/14/19 10:42 PM
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Joined: Nov 2007
Posts: 9,780 St. Cloud, MN
trapperkeck
trapper
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trapper
Joined: Nov 2007
Posts: 9,780
St. Cloud, MN
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I'd be looking for somewhere else to park those dollars I believe )) I like a little diversification, even if it seems, totally, wrong today.
"The voice of reason!"
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