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Forum - Wall Street Pit    Stock Due Diligence for All

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From: 3dron (Rep: 63)Date: 2016-11-30 20:00:21
Forum: Wall Street Pit - Thread #673888936Msg #2648886 - Part 1/12 (Rec: 0)
Why oil will double....dammit


Tearing up the Iran deal would mean 2m barrels of Iranian oil would be taken off the world MD supply each day
'During the election campaign, Mr. Trump railed against the deal, calling it a disaster and pledging to “dismantle” the historic accord, reached in 2015, in which Tehran agreed to limits on its nuclear program in return for the lifting of international oil and financial sanctions.

Mike Pompeo, a Republican whom Mr. Trump has chosen to succeed John O. Brennan as head of the C.I.A., wrote in mid-November on Twitter, “I look forward to rolling back this disastrous deal with the world’s largest state sponsor of terrorism.”
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From: deaconmike (Rep: 950) reply to 3dronDate: 2016-11-30 20:09:01
Forum: Wall Street Pit - Thread #673888936Msg #2648887 - Part 2/12 (Rec: 0)
"Tearing up the Iran deal would mean 2m barrels of Iranian oil would
be taken off the world MD supply each day"

Good,,,maybe that might help increase oil production in the US
which would put people in the oil industry back to work.
And hopefully the new administration will eliminate some of the EPA
regulations so we can build a few new refineries & put more people
back to work. I think the last new refinery was built in 1976.
The less we depend on foreign oil the better for us.
We've taken it in the shorts from OPEC over the years,,,
now it's their turn to assume the position.


Reply to 3dron - Msg #2648886 - 11/30/2016 20:00
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From: dazzer (Rep: 15) reply to deaconmikeDate: 2016-11-30 20:25:51
Forum: Wall Street Pit - Thread #673888936Msg #2648890 - Part 3/12 (Rec: 0)
Glad you answered the moron. He just doesn't get it, never been out in the real world. How about Trump? Saving jobs alread. I'm sure the nut jobs will say "only saved jobs for the white guys" not the brown guys lol.

Reply to deaconmike - Msg #2648887 - 11/30/2016 20:09
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From: 3dron (Rep: 63) reply to deaconmikeDate: 2016-11-30 20:26:32
Forum: Wall Street Pit - Thread #673888936Msg #2648891 - Part 4/12 (Rec: 0)
I guess you don't realize

Since the advent of Fracking the us is energy independent

We are a net exporter of oil

2m barrels off the world market will NOT simply be replaced by us oil...btw our strength is natural gas

When Iranian oil disappears oil price will rise by 20-30 dollars a barrel..65-75 use


Gas prices ...which has been found money for the last couple years for American families...will go from low 2.10 to
3.60....which is a tax on us all

And I'm quite sure there will be glee in the kremlin.. they rely on oil rev...and thanks to the new guy they will become rich again at our,expense

Which was prob the point of their propaganda blitz to try and get trump elected

Congrats...we now have a puppet pres


Reply to deaconmike - Msg #2648887 - 11/30/2016 20:09
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From: 3dron (Rep: 63) reply to dazzerDate: 2016-11-30 20:27:43
Forum: Wall Street Pit - Thread #673888936Msg #2648892 - Part 5/12 (Rec: 0)
Really what part of less oil higher prices don't you understand?

Reply to dazzer - Msg #2648890 - 11/30/2016 20:25
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From: bdawgp (Rep: 343) reply to deaconmikeDate: 2016-11-30 20:45:01
Forum: Wall Street Pit - Thread #673888936Msg #2648899 - Part 6/12 (Rec: 0)
Interesting you guys align the Iran deal with oil prices and jobs, not the safety of the world and reducing nuclear strength and power of Russia and China aligned Iran, which the deal has accomplished

Besides, Oil was slammed in 2014-2015 due to Saudis, not Iran. Iran coming back on the market in Feb has actually seen a rising/stable oil price along with it, huh who would've thought

Anyways, good luck with the refinery thing, EPA reg's are not the main reason:

a) yes no new refineries since '76, however refinery #'s have been cut in half yet those still in the game have expanded and doubled capacity. 5 pro-oil repub president terms since '76, and numerous legislators, yet it hasn't happened, why now?
b) 15-20 yr return on investment of $5-10 billion per refinery in a competitive low-margin business, and unpredictable and volatile petro market. Much better ROI in up and mid stream, and for the refineries, better ROI to upgrade and expand current infrastructure

Do we need more capacity? Sure, gas demand will continue to grow globally, but the economics just aren't there yet

Agree on OPEC, f' em

disclaimer: good luck, markets are systems to fool the masses



Reply to deaconmike - Msg #2648887 - 11/30/2016 20:09
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From: bdawgp (Rep: 343) reply to dazzerDate: 2016-11-30 21:02:40
Forum: Wall Street Pit - Thread #673888936Msg #2648901 - Part 7/12 (Rec: 0)
"Under the agreement, the company will receive tax incentives from the state economic development corporation to keep about 1,000 jobs in the state, said John Mutz, a member of the agency’s board and the former lieutenant governor of Indiana."

I look forward to seeing the size of these tax incentives, which basically means the tax payers of Indiana are now paying a large corporation to employ workers in their state. This is not unusual to encourage new business, but sets a dangerous precedent for existing operations. If I am running a large corp, I would now announce I'm shutting a factory and moving workers out of country, then sit back and wait for my political tax incentives to roll in, which of course the tab is picked up by tax payers.

disclaimer: good luck, markets are systems to fool the masses



Reply to dazzer - Msg #2648890 - 11/30/2016 20:25
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From: dazzer (Rep: 15) reply to bdawgpDate: 2016-11-30 21:05:17
Forum: Wall Street Pit - Thread #673888936Msg #2648902 - Part 8/12 (Rec: 0)
Income stays here gets taxed and spent in this country.

Reply to bdawgp - Msg #2648901 - 11/30/2016 21:02
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From: dazzer (Rep: 15) reply to bdawgpDate: 2016-11-30 21:06:36
Forum: Wall Street Pit - Thread #673888936Msg #2648903 - Part 9/12 (Rec: 0)
Tax break to corporation hopefully gets puts to good use. Maybe hire other employees or expand biz.

Reply to bdawgp - Msg #2648901 - 11/30/2016 21:02
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From: deaconmike (Rep: 950) reply to 3dronDate: 2016-11-30 21:09:36
Forum: Wall Street Pit - Thread #673888936Msg #2648904 - Part 10/12 (Rec: 0)
"When Iranian oil disappears oil price will rise by 20-30 dollars a barrel..65-75 use"

And the trade off will be that the oil rigs in North Dakota, Texas & Oklahoma
will start pumping oil again,,,,which puts thousands back to work.
And I never said we weren't energy independent,,,,
I was just giving my opinion,,,,,so take it as that
and stop trying to always reply with content that tries to start a
back and forth argument,,,,,
Can't you ever just reply normally or is just automatic that you
try & start a bitch & complain fest?
Calm down


Reply to 3dron - Msg #2648891 - 11/30/2016 20:26
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