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O.D. retweeted
Wait... THIS is what everyone is bullish about?
THIS is the deal?
First of all, electronically signed...with a cereomony planned for later in the week? Can any of the 3 countries involved actually not bomb someone over the next few days so they can make it to the signing? Let's just say I won't hold my breath.
60 day ceasefire?! So they can negotiate the actual agreement?
This isn't an agreement lol, this is an agreement to meet and talk about making an agreement.
It doesn't mean shit about shit regarding an actual deal being made LOL.
60 days to resolve nuclear related issues? Iran is already saying they aren't giving up nukes lol.
...Frozen Assets....."disputed" is the only word you need to read there.
"The two sides have offered conflicting accounts on key issues"
Part of the deal involves Israel not bombing someone (this alone is reason enough to not believe it'll last, but I digress)
There is exactly 0% chance this "deal" will make it 60 days.
You know what happens in 60 days though?!
Cushing reaches 14M barrels.
Do you know what happened to oil prices after we hit 14M barrels in 2004?
Oil went 5x in 4.5 years. NO BIG DEAL I guess.
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O.D. retweeted
They didn't "make a deal" folks.
They literally signed a document eletronically that they are in agreement to meet later in the week to sign a physical document that they are in agreement to make a deal sometime in the next 60 days on topics they currently agree they are not in agreement on.
Literally. And this makes you bullish stocks and bearish oil?
Wait... THIS is what everyone is bullish about?
THIS is the deal?
First of all, electronically signed...with a cereomony planned for later in the week? Can any of the 3 countries involved actually not bomb someone over the next few days so they can make it to the signing? Let's just say I won't hold my breath.
60 day ceasefire?! So they can negotiate the actual agreement?
This isn't an agreement lol, this is an agreement to meet and talk about making an agreement.
It doesn't mean shit about shit regarding an actual deal being made LOL.
60 days to resolve nuclear related issues? Iran is already saying they aren't giving up nukes lol.
...Frozen Assets....."disputed" is the only word you need to read there.
"The two sides have offered conflicting accounts on key issues"
Part of the deal involves Israel not bombing someone (this alone is reason enough to not believe it'll last, but I digress)
There is exactly 0% chance this "deal" will make it 60 days.
You know what happens in 60 days though?!
Cushing reaches 14M barrels.
Do you know what happened to oil prices after we hit 14M barrels in 2004?
Oil went 5x in 4.5 years. NO BIG DEAL I guess.
🤡
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10h
Andddd back to suffocating again. ðŸ«
Jun 11
Business (and life) as a small, independent oil producer is just so much better and less stressful at $100/bbl. For the first time in almost 10 years, I can actually breathe.
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Jun 11
Business (and life) as a small, independent oil producer is just so much better and less stressful at $100/bbl. For the first time in almost 10 years, I can actually breathe.
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May 20
The used truck buying market has become a miserable experience, lined with dimwits and scumbags.
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Apr 16
Who wants to buy the High River Resources Burnett Ranch water flood with me?
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Apr 6
Landowner texts me on Easter Sunday telling me he wants the hole in the road (that he caused) fixed by the end of the week or he's going to call the sheriff on me for trespassing for driving around it and that he will seek legal council if I don't do it in timely manner.
Kill me
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Apr 2
Was about an inch from throwing in the towel today. I don't care if oil is $100, this business will literally take years off your life.
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O.D. retweeted
THE WEEKENDS ARE FOR INTERNATIONAL CHAOS.
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