THe first one I already knew about. The second one is news to me. It's from stansberry though so idk how reliable it is... Here's what could be happening:
1. The world's supply is running low and the government knows about it and doesn't want a huge crash; they are scrambling to find new sources (like I have discussed above). Alternatives need to be found asap otherwise we are in for some trouble and everybody better learn to grow their own food cuz everything will be local.
2. We have plenty of oil and are depleting other countries of their reserves knowing we have tons of oil ourselves. We plan to jack the price up and screw over the rest of the world, especially our enemies. Middle East will turn back to sand dunes if they have not properly built their economy. The US will have more time to discover an alternative source, but one will be needed no matter. THE PEOPLE of the US better make sure that we are given a cut of this money (like SA) if this is true. Oil will be insanely high and our profit margin will be vast.
Currently companies like Suncor that deal with the oil sands are seen as not very profitable but they will rise. Buy now, they just had a huge dip. Anybody know the companies that have a stake in Dakota and other oil reserves around the US?
BINGO! We are doing this no matter what. Whether we have a small amount of oil or a big amount of oil, we are depleting others' first.Originally Posted by auslifta
Isn't it funny how aweful Americans are? I mean, we are trying to deplete everyone else's sources and then hike ours up. This is amazing. I am very interested in oil and god do I wish I could find a job in it. This is gonna be some good stuff the next 20 years. I don't make much $$, but I have put my money where my mouth is that's for sure. Let's see if I crash and burn or make it big lol.
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