RE:"trucks and SUV's are consistently breaking records."survivor2015 wrote:
Absolutely, the general mass public has been hearing "lower oil for longer" for a year now. Nobody in the public understands that nations can't produce oil at a loss so big investment has dried up. That means production declines we have started to see from summer 2015 will persist for at least a year. There is no "balance", we are heading from an oversupply to an undersupply.
Even at the new lows of $50-70 oil, large mega projects are not getting funded, they are still getting cancelled. Oil shortages are coming, are they in late 2016, 2017 or 2018? We don't know but we do know that the markets don't wait, they adjust for the short term future and it's happening now.
And guys, don't have intelligent discussions with penny scammers, look at their posting history and track record so determine if you are talking to a true shareholder or a low life scammer. Don't be shy to use the ignore feature and please don't quote them. We don't want to see the garbage and sad manipulation attempts. They forge numbers and facts on purpose and that's to support their short selling positions in most cases.
Many of these long timers here are nothing but "street" peddlers.
Noticed ocean person's post stars slowly increasing over the last hour. Seems they have multiple accounts to 5-star themselves. Encouraged me to add to the ignore list.