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Dr. Fly
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
23,474 Blog Posts

OIL IS 100% GOING TO RECORD HIGHS

Dr. Fly Fri Mar 25, 2022 2:49pm EST 3 Comments

SIRS —

I beg of you to feast your eyes upon this seasonality data and understand what is before you now.

DAS RIGHT!

The best of times is ahead of us, seasonally speaking, for oil stocks. The track record spans for decades and into the driving season has always been the best time to own them, let alone during a time of war and supply disruptions. Dare I suggest, and pardon me for being so bold, NEW RECORD FUCKING HIGHS IN WTI BY MAY.

I am loading up on the oils, the good and the bad, for this eventuality.

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3 comments

  1. soupbone
    soupbone
    March 25, 2022 at 3:57 pm

    the trip down to zero dollars per barrel is welded into the brains of the oilers and won’t be forgotten or allowed to happen again for a very long time. producers need proper incentivization and won’t get played by any talk of price caps such as some EU arse came up with today. just wait for the “unfair profitability” comment from some jerk who wasn’t there at zero dollars per barrel over this side of the Atlantic too.

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  2. the_wolf
    the_wolf
    March 25, 2022 at 4:09 pm

    Indeed, seasonality is upon us
    +634%
    Sold nothing,
    Oilman

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    • moosh
      moosh
      March 25, 2022 at 11:50 pm

      Do you care to share your major holdings? And or thoughts on lng thesis/trade?

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      • 0 Deem this to be "Fake News"

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