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"You could not be further from the truth"
And neither could you,... Hide,... spinning yarns about how uk shale would've saved the day. How WN will save the day.
Just look at the so called 'dragon ships', transporting US shale to Grangemouth. It's a virtual gas pipeline. INEOS were only interested in UK shale because it would save on their costs.
All the other companies involved were just plain incompetent and indebted up to their eyeballs.
WN, if it ever gets off the ground, will make no difference to anyone except a few wily shareholders.
Of course if Ukraine just roll over and take their medicine it won't be long before things get back to normal again such is the way of the world.
If the USA and Iran sort out their differences, which they are working on right now, down goes Brent again.
Have done a bit of research on the uk shale gas debacle. Seems that INEOS, the main player, would've used the gas at their plant in Grangemouth to create plastics. Most of the UK shale gas was not destined for the grid. It would have made little difference to the situation today.
So enjoy your profits while you can. It doesn't appear it will last long. Putin's statement that reaction will be 'instant' if anyone tries to interfere sounds a little ominous. ??
... for oil to reach 90 as confidently predicted on this board.. 16% below at the time of writing.
Can't see it making 150 next year, also predicted here.
Good luck anyway.. that's what it's all about. Not rampers spouting their proverbial. Have a great Christmas and a prosperous New year!
Been 18 months since I've observed this dinosaur's board. Same old same old spouting same old technical shi#e, spinning lies, yet nothing changes.. just mug 'investors' losing money hand over fist. I did warn you... blah blah blah. Blah blah blah.
https://www.bbc.co.uk/news/uk-scotland-scotland-business-52446555
Read on...
Share prices can fall, rise or crash. That's the risk you take folks. Hopefully you haven't put all your eggs in one basket in the hope that any one particular share will rocket. Viva UJO