Market Watch

[edgarrian]

Fossils aren’t just dinosaurs, plants can also be fossilized. But I think the term is more general in that it refers to very old organic matter. Your market assumptions seem logical. We’ll see how it plays out.

With Venezuela getting the OK from the US to start producing again. That will make the oil market very interesting b/c that country needs the money and it has the most oil reserves in the world. It could be much like 2015 when OPEC came off production cuts and many people were calling the floor for oil at 90 then 80 the 70. They got it wrong every time and we saw it hit 20's. I believe the missing thought was that was when Iran was coming off sanctions. For some reason investors were not figuring that in when calling the bottom for oil prices. This could be a repeat. It just depends on how Saudi Arabia wants to handle market share

 

[2manyrocks]

Saudi isn't so much different than a farmer who decides how many trees to cut off his property every so often based on need for cash.

 

[two_bit_score]

No it’s not, that’s why I’d like to hear the thoughts of a geologist on some of these outlier science papers that people are citing. Are you a geologist?

Does it matter if I am or not; since I am not citing any outlier science papers in this discussion?

 

[two_bit_score]

We don’t know, but he possesses a lot of common sense.

All of it learned the hard way.

 

[MoKelly]

We don’t know, but he possesses a lot of common sense.

Something which seems to be in short supply these days.

 

[MoKelly]

Speaking of the market, how about Shohie Ohtani.

$700 million to play baseball.

Good for him. LA has enough money to give some away!

 

[goeduck]

No it’s not, that’s why I’d like to hear the thoughts of a geologist on some of these outlier science papers that people are citing. Are you a geologist?

Unfortunately, today too many of the professionals say what they are paid to say. So, it is hard to know what the truth really is.

 

[ultrarunner]

Unfortunately, today too many of the professionals say what they are paid to say. So, it is hard to know what the truth really is.

Follow the money is always a good bet…

 

[MoKelly]

Unfortunately, today too many of the professionals say what they are paid to say. So, it is hard to know what the truth really is.

Kind of like expert witnesses in a trial.

Two different “experts” saying the completely opposite thing.

 

[jyoutz]

Unfortunately, today too many of the professionals say what they are paid to say. So, it is hard to know what the truth really is.

In my profession, there are lots of published papers, and a small percentage of outliers (science differs from the preponderance). Typically the outliers turn out to be junk science, but occasionally the outlier publications advance the science and knowledge base. That’s why I would be interested in hearing the thoughts of a geologist on these new oil creation publications.