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14:49
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Originally posted by Joekickass
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PP whats your outlook on oil over the next couple of years? JPM have it at $150usd by 23, Its cute seeing Jpow and biden throw the kitchen sink at it to get the price down, and job well done I must say. I honestly don't think Omicron means shit and if anything is a positive catalyst if it proves less virulent as some folk are saying. Regardless that is short term. Lets say this JPM target is hit and SGC get one of these Philippines targets pumping into 23, lets be real what kind of flow rates would you think are expected in the first year say and at fairy tail numbers what could 23 bring in profitwise after tax? obviously it's how long is a piece of string but it might help me tune out all the negative vibes and my big red dildo that i'm sure we are all enduring.
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It's an interesting question JKA. I did read that article from JPM which is certainly very bullish based on OPEC inability to boost production.https://oilprice.com/Energy/Energy-General/Oil-Prices-Projected-To-Hit-125-In-2022.html https://oilprice.com/Energy/Oil-Prices/IEA-Hikes-2022-Brent-Oil-Price-Outlook-To-79.html
(20min delay)