Member Info for Heid

200 Dollars by 2050 / Barrel

Final Answer.

For four months in row oil prices have been rising and 2022 will be key.

We saw OPEC restore at the expense of those who can’t produce more oil.

USA GDP showing strong growth at 6.5 % but less than expected, but heading closer to FED predicted growth rate with inflationary pressure. USA rig count at a snails pace.
Importantly to watch also is road transport data which is also up in USA with no hotels available.
But then compare this to China whose growth rate is way below

Political factors we have the recent Drone attack on Israel ship which doesn’t bode well for negotiations with escalation and tactics. Also we see attacks on Iran nuclear infrastructure.

Then on to covid. Asia has low vaccination uptake with people not wanting the Astra Zeneca vaccines worrying about side effects. The world is watching the UK with case count going down and I doubt Boris will do another major clamp down. We learn to live with the virus.

Mind you the world will be watching the UK as Global leader in the Humber region with all of the decarbonisation plans in place and be executed... way above many other countries.

Cup of tea time… plenty to think about there.

VIVA

Heid x

Nerdy stuff over ...

"Check 1..2... "

https://www.youtube.com/watch?v=8ui9umU0C2g

US Inventories are dropping fast whilst Oil companies making very good money.
In Asia Covid is bad an oil demand has stalled.

Now move forward when the cyclical trades are back on, the energy stocks will rally.

Couple that with low investment in to oil as I mentioned at top of the thread you see further how we are looking at Oil rising.

Wressle...boom, boom, boom.

Solid posts Raj34...all recommended.

https://twitter.com/Bakedbe51247544/status/1421489144237285380?s=20

https://twitter.com/Bakedbe51247544/status/1421489144237285380?s=20

Many thanks to Dean on Twitter.

Super Majors are not investing in to Oil with pressures for Net Zero targets & going in to renewables
We have had Total Energies, Chevron buying back shares, Shell dividend 38%+
Investors and companies are happy with all this spare cash, but over time this fear of oil investment will fuel the problem. It will become clearer and clearer over time.

Demand will be growing over the next ten years. We see no big growth with United States Shale, OPEC inventories are dropping and sitting in the comfy 75 $ area.

We will not meet out 1.5 C target at COP26. Watch for further announcements after the event - !! FACT !! Already we have seen the ban on Gas boilers pushed back to 2040. Poorer countries will not afford the technologies that we have around West Newton to be able to achieve Net Zero with the likes of hydrogen, wind power and solar etc...

For the likes of Wressle, I see big profits on the horizon for all partners where Oil is concerned. Especially if we up production over the next few years.

The Humber region, is a Super Place as Dan Sadler from Equinor described it as, and we have the chance to become a global leader for zero carbon with our skills and technologies available . Plus the peak number of jobs at 41000 in 2026 will bring huge economic benefits. We will be exporting our Hydrogen and taking CO2 from other countries.

So all things considered I see Union Jack Oil as a Solid Buy.

I will say this again...you will see nothing from the flare. From a reliable source.

I tweeted one from 4th July .. only at one angle when you zoomed right in did you see a red glow down the hole. And on other footage that day you didn't pick anything up.

I do make nice roast potatoes.

I will send Dave me CV.

We need the flow rates imo for 50p's. Nice an steady daily rises until then though.

https://twitter.com/WealdOilers/status/1421145143227392014?s=20

Oh you know I like you too Rubey. I see these rough necks covered in oil today at Newton. I bet you would look good with your helmet flexing your muscles.

Thank you very much money makers. You just made my week.

Tra-laaaa

Union Jack Oil you are a beauty.

Push in to the close...

Going up...been a good week for my portfolio.

Makes me fancy an onion bhajis more than think of a bird.

https://twitter.com/Heid_oil/status/1421077311982555137?s=20

Pboo just contacted Hamilton Peter in Scotland...

https://twitter.com/Heid_oil/status/1421074580375064576?s=20

I think there are a few twitter are fed up with an have their cards marked.