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Bullboard - Stock Discussion Forum Obsidian Energy Ltd T.OBE

Alternate Symbol(s):  OBE

Obsidian Energy Ltd. is a Canada-based exploration and production company. The Company operates in one segment, to explore for, develop and hold interests in oil and natural gas properties and related production infrastructure in the Western Canada Sedimentary Basin directly and through investments in securities of subsidiaries holding such interests. It has a portfolio of assets producing... see more

TSX:OBE - Post Discussion

Obsidian Energy Ltd > The truth about the Faux US oil Boom is gushing out now
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Post by thetruth54 on Feb 08, 2024 2:12pm

The truth about the Faux US oil Boom is gushing out now

Like I have been posting all during the paper market manipulators and  lying massmedia articles that were pumping a new US oil boom the truth is now coming out after sheep like Kavern regurgitated  the articles in attacking me. Well now the truth about the faux oil boom I have been posting is being revealed:

Expect Very Little Growth In U.S. Oil Supply In 2024

  • Standard Chartered has predicted very little incremental growth in US crude oil supply in 2024.
  • Stanchart sees y/y growth U.S. crude production growth decelerating strongly and even turn negative in December 2024.
  • StanChart says the deceleration in supply growth is the result of capex barely meeting high natural decline rates in shale oil production
Comment by kavern23 on Feb 08, 2024 2:41pm
Dude...standard chart is worst oil forecastor out there: LOOK...not only were they wrong about oil inventories declining they are very off on price....they are a hyper bull outfit never right: Standard Chartered: $98 Oil Is Well Supported By Fundamentals By Alex Kimani - Nov 01, 2023, 7:00 PM CDT The oil price momentum has fizzled out with the risk premium that jumped in ...more  
Comment by kavern23 on Feb 08, 2024 2:43pm
WTI is 76.38 right now...with as high of geopoltical risk as you can get...a premium that could be adding 8-12 dollars a barrel to oil. SO how have these forecstors beeen so correct too listen too? Keep listening to others and you will become further financial poor than you already are.
Comment by thetruth54 on Feb 09, 2024 9:40am
Of course not. You are the only one is always right. You are a legend in your own mind!
Comment by kavern23 on Feb 09, 2024 11:24am
Not at all but what is a person supposed to post about? Bizarre and wierd conspiracy theories? Is the boogie man stealing barrels lol?
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