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The commodity boom

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    The commodity boom

    Looks like commodities will be booming in the next couple of years.

    Wall Street Is the Most Bullish on Commodities in a Decade

    Major oil companies are slashing exploration, which is going to cause a spike in oil prices.

    This could be the trigger for the next crash as commodity price rises cause inflation and interest rates need to be jacked up.
    I'm alright Jack

    #2
    Shale oil will up production within months of prices above 60

    Comment


      #3
      Originally posted by AtW View Post
      Shale oil will up production within months of prices above 60
      No, because the oil companies have all signed up to reducing their emissions. It's more profitable to let their production go down and put their prices up.
      I'm alright Jack

      Comment


        #4
        Originally posted by BlasterBates View Post
        No, because the oil companies have all signed up to reducing their emissions.
        Which US shale oil companies signed up to that?

        Comment


          #5
          Originally posted by AtW View Post
          Which US shale oil companies signed up to that?
          The major oil producers such as Shell, BP, Exxon and Chevron, are also all big shale oil producers.
          I'm alright Jack

          Comment


            #6
            Originally posted by BlasterBates View Post
            The major oil producers such as Shell, BP, Exxon and Chevron, are also all big shale oil producers.
            These big ones are all small players in total shale oil output in USA

            Comment


              #7
              We are all going green.

              Comment


                #8
                Originally posted by BrilloPad View Post
                We are all going green.
                Must have been the leftover chicken.

                Comment


                  #9
                  Originally posted by BR14 View Post
                  Must have been the leftover chicken.
                  gangrenous bitsa from untreated wounds following motorbike crash caused by lack of skill but blamed on horse poo.

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