Mart Resources Inc MAUXF

Supply and Demand

[Claired]

So it's fairly clear that the US desire for energy independence and subsequent fracking subsidies have shattered the price of oil, basically removing US consuption from the global market. I would expect this to continue as the US is probably going to produce their own oil until they can become dependent on renewables.  So US consumption is likely a write off indefinitley, which is good news for global warming, bad news for companies in places like venezuala or nigeria.  We are going to need to see the demand for oil increase and the supply decrease.  This could take some time unless OPEC intervenes.

[vestor111]

What subsidies to you speak of?

[Claired]

US government subsidized domestic oil production.

[vestor111]

I will repeat - what subsidy?   Be specific.  

[Claired]

there are many different subsidies or tax credits for many different oil companies it's not one big oil and gas subsidy that has a specific name or transaction number. Google it for yourself it's not rocket science.  Try www.idintcareaboutbeingspecific.com I heard they have all the details your looking for.

[vestor111]

Name a specific subsidy.   That is all I am asking - you made the claim.  SO BACK IT UP.  

[Claired]

Google it. Your very rude for someone who wants information. It's unnecessary and clearly hasn't been productive.

[ShatnersRug]

claired, I'd say vestor isn't rude, just abrasive. However, he is not wrong in asking you to back up your empty words. Provide us with one instance of a related subsidy. I'll bet that you cannot. There are tax breaks and whathaveyou for O&G companies, but these are no different than those programs offered to other businesses across North America. They are designed to stimulate

[Claired]

It doesn't matter if many other American companies receive them they still stimulated the huge recent growth in US oil production to displace American demand for foreign oil and contribute to the oversupply.

[Claired]

https://fortune.com/2014/08/06/u-s-inching-closer-to-energy-independence-as-oil-imports-shrink/ on American oil independence.

[Claired]

https://www.forbes.com/sites/energysource/2012/04/25/the-surprising-reason-that-oil-subsidies-persist-even-liberals-love-them/ the point was that the U.S. is not importing much oil and that they want to be energy independent. Doesn't matter if it's a tax break or direct cash, many refer to it as a subsidy because it has the same effect by stimulating production.  I've also read

[Claired]

Literally Google "American oil subsidies" and pick your preferred channel. Forbes, Cbc, wkipedia...unless your a conspiracy therorist and don't beleive the news it's literally written everywhere. When news stations lie, they all usually don't have the same lie. I can't help you if you need proof after reading about them on every public news channel on the internet. News

[vestor111]

From Forbes: Subsidy is grossly misused to political reasons...just like the other BS you were spouting on "Global Warming." Leftist clap trap. https://www.forbes.com/sites/davidblackmon/2013/01/02/oil-gas-tax-provisions-are-not-subsidies-for-big-oil/

[Claired]

Subsidy or tax break it does the same to stimulate production and the difference is completely irrelevant in the context of this stock value.  American doesn't want Nigerian oil because they have their own.

[vestor111]

You made the claim which was a falsehood.   Now tell us allllll about that Global Warming nonsense you brought up.   Pls enlighten us.   No never mind.   Wait of time. 

[Claired]

Global warming, weather you beleive it or not, is effecting the bottom line of this stock because the demand for petroleum has flattened even though GDP has increased. This is because of an oil substitute. As you probably don't know, a subsritute is one of the five threats to profitability of a company. People are using something called "renewable energy ". This is a substitute for

[ShatnersRug]

  To imply that global warming is having a greater than negligible impact on Mart Resources is absurd. The world is, and will continue to be, heavily dependent on oil for decades to come. Sure there is a drag on the industry itself due of the clean energy movement, but that's like trying to stop the titanic with a rowboat anchor.  

[Claired]

I found this interactive chart very enlightening. However, it's limited because oil consumption in transportation is a small fraction of oil consumption. https://www.bloomberg.com/graphics/2014-america-shakes-off-oil-addiction/ I know these are bear statements for the oil industry, I like to analyze all angles, not just the ones that support my position in a stock.

[ShatnersRug]

Oil consumption Interesting. Let's see what the chart looks like in a year's time. It will quite some time for price of oil to rebound. I'd be willing to bet that consumption increases dramatically in one year. The environment's well-being is a stepping stone for the ascension of human sloth and greed.

[Claired]

https://www.eia.gov/analysis/requests/subsidy/ looks ms like the American governement calls it a subsidy too. table ES2 lists "subsidies and support". For 2010. 

[ValuInvstr]

claired, your eia report was on electricity production.  If you look at it nearly all subsides relate to alternative fuels and conservation.  What little is attributed to natural gas and petroleum liquids is tax expenditures - which is basically accelerted depreciation, which based on a profile of most wells is not substantially accelerated.  Thus it has nothing to do with oil

[Claired]

https://www.nytimes.com/2006/10/13/opinion/13friedman.html?_r=0 US wants energy independence.  They are supporting the recent oil boom.

[vestor111]

Well by that standard, I get subsidies to have kids too.  And to own a house...   Keynesian lever pullers trying control every aspect of behavior.   But tax breaks are not subsidies.   A true subsidy is where da gubamint hands you money.   

[gibbonsj]

It’s a subsidy whether it is received as a tax break or a dolling out of our hard earned cash.  Freidman and Keynesians will split hairs on this but when it comes to who is paying for it it makes no difference whatsoever to the working stiffs who foot the bill. The trouble with economists is they do not include social performance in their determination of economic performance.  i.e Did

[Claired]

Ok then.  Prove that the US government did not enable, encourage and allow this boom in oil production. Prove it has nothing to do with the govenments mandate for oil independence, ESPECIALLY independence from countries like saudia arabia for oil.  Prove that the shale boom and this massive production was entirely free-market and the companies had absolutley zero government support

[ValuInvstr]

claired- So you make an assertion and are called to prove it.  You can't so you think you can just say prove that it is not true.  It doesn't work that way.  You lost.  walk away.  Come back when you have facts.    

[vestor111]

I think we have a parrot come to roost.  "errrt subsidy...errt."   The leftist media said it...it must be true.  News flash - taxes laws used by Keynesian socialists to pull levers on the economy.  News flash - rich and powerful lobby to tax breaks.   "errrt Subsidy...can I have a cracker?"  - Claired.  "errt Glabla Warming...Errt."

[vestor111]

Correction - "would NOT change the price of oil."   Which has been a mantra of the left for decades. 

[Claired]

That's was the most useless post I've ever read. Can you prove that the U.S. government didn't include the oil and gas sector in their list of subsidies?  Nobody cares about your political views, even if they are bat sh*t crazy.  What about the link to the api mentioning tax breaks?  This isn't a political discussion and your getting way topic. this is about how

[vestor111]

"errt...Sudsidies...Errt!"   "I want a cracker...Errt."   The parrot is back.   So why are you here?   Are you long Mart?   (I know parrots can't invest...) 

[ShatnersRug]

claire, This all boils down to you using the word 'subsidy'. The reality is that by definition, there are no special subsidies for oil. Yes, there are incentives in the form of tax breaks and whathaveyou, but not subsidies. Any industry that is referenced by any decision-making body in the U.S. gov't will have some gravy thrown their way. Any industry. To exclude oil and nitpick over

[Claired]

Ok.  Let me rephrase. Forgoe subsidies and global warming.  I am long on Mart and right now the ONLY significant downside I see is the price of oil.  So, with the imformation I have, I am trying to rationalize the downfall in the oil prices for the purpose of seeing how long it will stay down.  As we all know, price is a function of supply and demand.  If you have evidence

[Claired]

Well it is a widely respected fact that the American government is subsidizing the oil indistry so you can't just dismiss it as not factual. You have a right to your own opinion, but an unbiased third party would not judge it as false in the context of determining appropriate bullboard content. Your conduct, however, and the conduct of abrasively bothering me to prove things, seems to be more

[AdamJT]

This like most posts on Stockhouse is another pointless thread with no relevant value to the company in question. Bravo. *slow claps*

[ValuInvstr]

claired, 1. It is not a widely respected fact.  It is widely assumed due to one party in the US constantly repeating it for political gain.   Wind and solar are subidized.  Ethanol is subsidized.  Oil and gas production is not.  They have similar tax deductions as any other manufacturer.  Do some resarch and you will find it is one of the more heavily taxed industries

[gibbonsj]

ValuInvstr; Read "This Changes Everything" by Naomi Klein". You will be shocked by just how wrong your (our) understanding is and how desperate things are going to get with what is coming at us over the coming decade or two. The bottom line is; subsidies in green are an investment needed to stave off the future soon to be upon us whereas, subsidies in oil and gas, which you will