VBIN's oil stock thread.

[fenders53]

(07-14-2021, 11:24 AM)vbin Wrote: I feel it's too soon. People are being utterly irresponsible. Everyone just wants to jump in the water without a life jacket. If they have a life jacket they don't care if the water can still freeze them.

I understand your concern.  I'm not saying you are wrong.  I was also sick of being trapped at home or HD for over a year.  I live in a place where it is now safe to live life some.  My 82 yr old mother spent 1 1/2yrs indoors.  She is still somewhat mobile and she isn't getting that time back.  I am glad we don't live in a high population area.  

I missed the OPEC+ news.  That will be helpful over time.  About a year from now we will settle this debate of how much OPEC+ can truly produce without heavy capital expenditure.  I suppose the next thing to worry about is whether frackers can get their hands on financing.   Banks would be crazy to do that again.