iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,466 Blog Posts

It’s Time to Light Some Nigerian Oil Fields on Fire

The idiots from Nigeria are killing each other again, mainly over fake elections and Gods. I warned you a few weeks ago that the morons from Africa would get jealous of the other morons from Africa (Libya) and start lighting oil fields on fire. The Nigerian rebels love to do rebellious shit whenever people least expect it, sort of like the movie Mars Attacks.

Unfortunately, I do not know anyone from Nigeria, with exception to several rich prince’s in need of IMMEDIATE HELP, via email. However, using my larger than life brain, I can surmise shorting oil here might be a bad idea, with Nigeria going full retard, post elections.

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27 comments

  1. Marc David

    Jonathan Goodluck? Name change in order.

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    • NSAID

      I think his first name is Goodluck, no? either way, that’s just bizzare

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  2. Kwame Brown

    All in $WNR.

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  3. xxxHuggieBearxxx
    xxxHuggieBearxxx

    Long 5 CL into the close….lets light this bitch up

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    • drummerboy

      sold 2/3 of exk,just waitin to pluck some more wnr. dont think i’ll be lucky enough to get it at 17.14 though. like last week.

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  4. Paul Theron

    I spoke to the best markets guy in Nigeria (regular commentator for CNBC Africa) – Femi Olahedin – by video link today. I am in South Africa. He was thrilled at how well it was going, and predicts great things for the fine nation of Nigeria. Never been better. So there…

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  5. A Monkey with a Silver Lining and a Nigerian Fightah Jet Full of Hot Babes
    A Monkey with a Silver Lining and a Nigerian Fightah Jet Full of Hot Babes

    Burn the oil fields! Burn the oil fields! Burn the oil fields! Just let me and my babes do one more flyover.

    Roger Roger.

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  6. Mick

    ouch my wnr hurts….

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  7. Nicolas Cage

    What are you saying to say about Princes and Nigeria? I am expecting to get a huge return on my Nigerian investment……I just had to make a deposit to show good faith. I tried to visit Nigeria but only Zimbabwe Airlines links there.

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  8. Mick

    ok.. somebody take out wnr $17.50 please… constant offer is pissing me off

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  9. J. Livermore

    Crack spreads up over 3.0%.

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  10. YaBollox

    This is what often seems to happen when you piss off the islamics.

    (intentional small i)

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  11. go2mars

    I wonder how that’s going to affect my big fat position in Mart (MMT = Nigerian Oil). I’ll wait and see. They are due for a production update sooner or later. I’m thinking I’ll still be selling it soon well above 80 cents.

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    • go2mars

      Did a little checking. MMT production appears to be VERY far from the pissed off violent muslims. Phew. You had me nervous there for a few minutes.

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  12. Trading Nymph

    Well US Dollar is holding support at 75.50 at this point. FWIW, April 20 India starts exporting Ore from banned regions and today Australia started releasing more ore on the spot market.

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    • Trading Nymph

      Also Australia’s RBA (their Fed) is releasing their minutes. Everyone is still trying to hide in the Aussie (Australian Dollar), per COT (committment of Traders weekly report) the specs are in a Long Position at Historical Level….such a crowded trade.

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  13. FIG

    Jesus Christ… Crack Spreads are up another 3%. WNR is making more money than the federal government did today on tax day.

    I have a feeling the government is going to consider taking over refiners eventually since they are banking so much coin.

    Hell, the government just shutdown online poker, why not shutdown another industry?

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  14. checklist

    weak finishes lately, nobody wants to hold overnight

    some of the dip buyers seem to b ebailing in the last 20 minutes frequently as of late

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  15. Drowning in Oil

    All these pikers long WNR following the Fly. I like the story as well, but I’ll wait for you degenerate gamblers to silently puke out before getting in. Gasoline has gotta come in before anybody will touch these refiners. Waiting for $15.

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  16. TJWP

    Fly, it is both refreshing and comforting to see you back in full glory. When the site was down last night and I thought I would have to find a new haunt part of me died. Glad you are back!

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  17. razorsedge

    i remember last monday thinkin i should sell all my stocks except oil and comodies ,, i thought slv was a little over bought,, i sold slv and kept all my holdings, i have only 16% cash ,,,,,i am kicking myself,,,,,i look in the mirror and say dumbass, i see congress helping themselves to what is left of the american dream, they argue over 38b, and pat themselves on the back saying they had to make deep cuts and it hurt,,,bullshit, we spent 380b more this year than last, we have a 1.7t budget, but 38b is all they can cut? …ok i feel better now..

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  18. Your Crack Is Showing
    Your Crack Is Showing

    Everyone feeling like a WNR now? I think I’ll pass on that one for a bit more and go play some online poker. Oh wait…

    -Cracked

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