\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

Can I start buying oil yet?

Is Iran priced in ? Or still more room to drop ?
Outnumbered people who are hurt
  07/27/15
...
glassy coldplay fan
  07/27/15
not QUITE yet. driller greed is keeping supply higher than ...
shimmering soul-stirring black woman
  07/27/15
Go on
Drab titillating cruise ship
  07/27/15
God I just love when brain dead retards try to explain a ser...
Orchid rehab sneaky criminal
  07/27/15
The line I hear repeated in finance articles is that Saudi A...
learning disabled step-uncle's house
  07/27/15
I see the point. Has any glut lasted that long though? E...
Outnumbered people who are hurt
  07/27/15
That's not the definition of a glut. There's not a bunch of ...
learning disabled step-uncle's house
  07/27/15
this. i think the problem is that many people don't quite ge...
deep stimulating lay fortuitous meteor
  07/27/15
Sell puts
Avocado kitty cat
  07/27/15
ERX and UCO ftw
swollen pervert fat ankles
  07/27/15
Looking at its history, I wouldn't buy until it gets down to...
Dead Resort
  07/31/15
...
glassy coldplay fan
  07/27/15
i wouldnt buy oil specifically but i would start looking at ...
milky zombie-like crackhouse party of the first part
  07/27/15
Looks like I should have...
Outnumbered people who are hurt
  07/28/15
wait till a confirmation in a reversal, don't want to catch ...
razzmatazz idea he suggested location
  07/30/15
For better or worse, have not bought anything yet.
Outnumbered people who are hurt
  07/31/15
I bought $500 of VDE. Turns out I already had bought $600 w...
glassy coldplay fan
  07/31/15
ive loaded up on RYE and have 13k now, may by 2k more or so
Navy haunting macaca
  07/31/15
went by autozone and the prices seemed the same as usual
maniacal irradiated tattoo psychic
  07/31/15
dat Mobil 1 ?
Outnumbered people who are hurt
  07/31/15
...
maniacal irradiated tattoo psychic
  07/31/15
...
galvanic institution
  07/31/15
...
glassy coldplay fan
  07/31/15
...
maize cheese-eating church masturbator
  07/31/15
...
puce internet-worthy set nowag
  07/31/15
...
sickened big orchestra pit
  08/03/15
CR explain this fraudlie
pontificating abnormal forum therapy
  08/03/15
now is prob a good time to snatch some up
milky zombie-like crackhouse party of the first part
  07/31/15
Gonna buy $5k of VDE on payday
glassy coldplay fan
  07/31/15
the worst news has already come out since earnings release, ...
milky zombie-like crackhouse party of the first part
  07/31/15
what's to say it won't keep falling?
Dead Resort
  07/31/15
so uh bros this oil at 40-something a barrel is the beginnin...
hyperventilating ultramarine reading party faggotry
  07/31/15
its actually great for refiners and downstream and adjacent ...
milky zombie-like crackhouse party of the first part
  07/31/15
offshore fucked
maize cheese-eating church masturbator
  08/03/15
yea see dat high breakeven play
milky zombie-like crackhouse party of the first part
  08/03/15
Approaching $45 lol http://m.nasdaq.com/markets/crude-oil.a...
Dead Resort
  08/03/15
Just put 1K each in PVA, REXX, XCO, SD, LINE, HK, MHR, CRK, ...
Orchid rehab sneaky criminal
  08/03/15
there are so many things wrong with this post that i don't e...
Motley Range Electric Furnace
  08/03/15
Enlighten us Mr. Fundamentals Masterman.
Orchid rehab sneaky criminal
  08/03/15
this is garbage
milky zombie-like crackhouse party of the first part
  08/03/15
nice analysis, faggot. what are the chances that all 10 go ...
Orchid rehab sneaky criminal
  08/03/15


Poast new message in this thread



Reply Favorite

Date: July 27th, 2015 3:49 AM
Author: Outnumbered people who are hurt

Is Iran priced in ? Or still more room to drop ?

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28419677)



Reply Favorite

Date: July 27th, 2015 4:12 AM
Author: glassy coldplay fan



(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28419712)



Reply Favorite

Date: July 27th, 2015 4:32 AM
Author: shimmering soul-stirring black woman

not QUITE yet. driller greed is keeping supply higher than had been expected for right now (could change in coming weeks, though).

the baker hughes rig count actually went UP last week in the US by a couple dozen or so. that's probably because producers themselves were banking on a rise in prices, but too many of them made the same bet, so they canceled each other out, and prices remain weak.

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28419734)



Reply Favorite

Date: July 27th, 2015 8:20 AM
Author: Drab titillating cruise ship

Go on

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28419927)



Reply Favorite

Date: July 27th, 2015 1:32 PM
Author: Orchid rehab sneaky criminal

God I just love when brain dead retards try to explain a series of complex events by some blow hard fundamentals that may or may not have anything to do with current prices.

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28421242)



Reply Favorite

Date: July 27th, 2015 8:24 AM
Author: learning disabled step-uncle's house

The line I hear repeated in finance articles is that Saudi Arabia would rather dominate the market selling their oil at $40 a barrel than compete with the 50 countries that can sell profitably at $80 a barrel. And apparently they have enough oil to play that game for years and years. So why would now be a better time than say, 10 years from now?

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28419931)



Reply Favorite

Date: July 27th, 2015 1:06 PM
Author: Outnumbered people who are hurt

I see the point. Has any glut lasted that long though?

Eg eventually the competitors stop drilling..

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28421108)



Reply Favorite

Date: July 27th, 2015 1:12 PM
Author: learning disabled step-uncle's house

That's not the definition of a glut. There's not a bunch of oil that's just out there in barrels that the market needs to work off. There's an ocean of easily accessible oil underneath Saudi Arabia. They can pump more of it or less of it. The lower the price is, the more market share they have and the more things stay the same (them being obscenely rich). The higher the price goes, the less market share they have, and the more people invest in electric cars and shit that makes them poorer.

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28421134)



Reply Favorite

Date: July 27th, 2015 1:18 PM
Author: deep stimulating lay fortuitous meteor

this. i think the problem is that many people don't quite get the logic behind it. so here is a simple explanation. Crude oil is not as fungible as one would believe. there are different types of crudes. They vary slightly but even a small variance requires different types of refineries. When Saudis lose market share, what that means it that the buyer is making a bet on some other country's oil. The buyer will need to tweak his refinery according to the new country's product. Or perhaps create an entirely new refinery. Lot of money spent. Once they have made this bet, they aren't going to be able to quickly turn around and go back to Saudi oil. The time frame on these investments are a couple of decades. So if Saudis say they are going to pump less, some country like India might have to go buy from maybe Venezuala to make up the shortfall. The Indian refineries that move to Venezuelan crude, they are not going back to Saudi crude for a couple of decades now. Saudis have experience with this. Every time they reduced production, they lost market share. So they aren't playing that game no more.

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28421170)



Reply Favorite

Date: July 27th, 2015 1:08 PM
Author: Avocado kitty cat

Sell puts

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28421116)



Reply Favorite

Date: July 27th, 2015 1:09 PM
Author: swollen pervert fat ankles

ERX and UCO ftw

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28421120)



Reply Favorite

Date: July 31st, 2015 11:14 AM
Author: Dead Resort

Looking at its history, I wouldn't buy until it gets down to 30 or so

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28449115)



Reply Favorite

Date: July 27th, 2015 1:14 PM
Author: glassy coldplay fan



(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28421148)



Reply Favorite

Date: July 27th, 2015 1:24 PM
Author: milky zombie-like crackhouse party of the first part

i wouldnt buy oil specifically but i would start looking at subsectors of oil that stand to benefit during a oil price downturn

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28421209)



Reply Favorite

Date: July 28th, 2015 10:14 PM
Author: Outnumbered people who are hurt

Looks like I should have...

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28431737)



Reply Favorite

Date: July 30th, 2015 2:46 AM
Author: razzmatazz idea he suggested location

wait till a confirmation in a reversal, don't want to catch a falling knife bro

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28440405)



Reply Favorite

Date: July 31st, 2015 1:49 AM
Author: Outnumbered people who are hurt

For better or worse, have not bought anything yet.

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28447840)



Reply Favorite

Date: July 31st, 2015 1:50 AM
Author: glassy coldplay fan

I bought $500 of VDE. Turns out I already had bought $600 worth of it or so back in 2011 and im down 25%

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28447844)



Reply Favorite

Date: July 31st, 2015 1:51 AM
Author: Navy haunting macaca

ive loaded up on RYE and have 13k now, may by 2k more or so

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28447849)



Reply Favorite

Date: July 31st, 2015 1:52 AM
Author: maniacal irradiated tattoo psychic

went by autozone and the prices seemed the same as usual

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28447853)



Reply Favorite

Date: July 31st, 2015 1:53 AM
Author: Outnumbered people who are hurt

dat Mobil 1 ?

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28447854)



Reply Favorite

Date: July 31st, 2015 1:54 AM
Author: maniacal irradiated tattoo psychic



(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28447856)



Reply Favorite

Date: July 31st, 2015 11:15 AM
Author: galvanic institution



(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28449122)



Reply Favorite

Date: July 31st, 2015 1:56 AM
Author: glassy coldplay fan



(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28447863)



Reply Favorite

Date: July 31st, 2015 7:40 AM
Author: maize cheese-eating church masturbator



(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28448388)



Reply Favorite

Date: July 31st, 2015 11:16 AM
Author: puce internet-worthy set nowag



(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28449130)



Reply Favorite

Date: August 3rd, 2015 10:53 AM
Author: sickened big orchestra pit



(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28468390)



Reply Favorite

Date: August 3rd, 2015 11:07 AM
Author: pontificating abnormal forum therapy

CR explain this fraudlie

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28468436)



Reply Favorite

Date: July 31st, 2015 10:25 AM
Author: milky zombie-like crackhouse party of the first part

now is prob a good time to snatch some up

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28448900)



Reply Favorite

Date: July 31st, 2015 11:33 AM
Author: glassy coldplay fan

Gonna buy $5k of VDE on payday

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28449234)



Reply Favorite

Date: July 31st, 2015 12:03 PM
Author: milky zombie-like crackhouse party of the first part

the worst news has already come out since earnings release, now is good time to buy up if you want a short run up prior to next oil collapse

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28449442)



Reply Favorite

Date: July 31st, 2015 12:29 PM
Author: Dead Resort

what's to say it won't keep falling?

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28449601)



Reply Favorite

Date: July 31st, 2015 11:34 AM
Author: hyperventilating ultramarine reading party faggotry

so uh bros this oil at 40-something a barrel is the beginning of the end of days, right? how fuckt is the global economy?

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28449245)



Reply Favorite

Date: July 31st, 2015 12:04 PM
Author: milky zombie-like crackhouse party of the first part

its actually great for refiners and downstream and adjacent industries. nobody is fucked except for high breakeven plays mostly the maringal OPEC players

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28449446)



Reply Favorite

Date: August 3rd, 2015 11:02 AM
Author: maize cheese-eating church masturbator

offshore fucked

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28468414)



Reply Favorite

Date: August 3rd, 2015 11:17 AM
Author: milky zombie-like crackhouse party of the first part

yea see dat high breakeven play

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28468514)



Reply Favorite

Date: August 3rd, 2015 10:52 AM
Author: Dead Resort

Approaching $45 lol

http://m.nasdaq.com/markets/crude-oil.aspx?timeframe=6m

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28468385)



Reply Favorite

Date: August 3rd, 2015 11:12 AM
Author: Orchid rehab sneaky criminal

Just put 1K each in PVA, REXX, XCO, SD, LINE, HK, MHR, CRK, PQ, MCEP. Risk is 10K if they all go bankrupt. If just one of them survives the next couple of years, you will likely make 10X your $ on that 1K. So just 1 out 10 has to make it for you to make money. If 2 or 3 make it, then you will have doubled or tripled your money.

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28468467)



Reply Favorite

Date: August 3rd, 2015 11:13 AM
Author: Motley Range Electric Furnace

there are so many things wrong with this post that i don't even know where to begin. F

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28468483)



Reply Favorite

Date: August 3rd, 2015 11:16 AM
Author: Orchid rehab sneaky criminal

Enlighten us Mr. Fundamentals Masterman.

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28468502)



Reply Favorite

Date: August 3rd, 2015 11:18 AM
Author: milky zombie-like crackhouse party of the first part

this is garbage

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28468519)



Reply Favorite

Date: August 3rd, 2015 11:25 AM
Author: Orchid rehab sneaky criminal

nice analysis, faggot. what are the chances that all 10 go bankrupt?

what if I took that same 10K and spread it across RSPP, PE, FANG, CXO, XEC, MTDR? all hold derisked pure Permian fairway acreage. all have low debt by comparison and will almost assuredly be around in 3 years. all are still in favor relatively speaking but discounted.

which would give me the better chances of making the most $ in 3 years. i bet you can't even answer this intelligently.

(http://www.autoadmit.com/thread.php?thread_id=2946839&forum_id=2#28468560)