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    - Peak Oil 101

    Started by TDoS Nov 29, 2024, 10:45 AM

    Message path : / Planetary Material Conditions / Peak oil / Exxon Joins OPEC in Warning of Looming Oil Supply Crisis #27


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    TDoS

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    Nov 29, 2024, 10:45 AM
    Quote from: RE on Nov 29, 2024, 08:47 AMIf BoA thinks the price is gonna be $65, they're not gonna float loans to anyone who needs $75 to make money.  This indicates that the Reuters experts are the SUITS sitting on the driller's side of the loan officer's table and the BoA expert sits next to the loan officer on his side of the table. The expert the driller's hired has to convinmce the loan officer that the expert they hired is wrong. lol.

    Only lol to those who have never played the game perhaps. Both sides pay well, but obviously those with a widely known reputation and past performance to back it up tend to be taken more seriously than Joe Expert. Because not all suits are created equal.  ;D 

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