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Title: JPM Upgrades Energy To Overweight As "Supercycle Returns", Sees Oil Upside To $150 And "Multiple Energy Crises" This Decade
Source: [None]
URL Source: https://www.zerohedge.com/commoditi ... es-oil-upside-150-and-multiple
Published: Sep 22, 2023
Author: Tyler Durden
Post Date: 2023-09-22 18:54:41 by Horse
Keywords: None
Views: 732
Comments: 12

The oily shit is about to hit the fan.


Poster Comment:

Food shortages will drive up food prices. If energy becomes more expensive, then it is Hyperinflation to cover massive budget and trade deficits.

Post Comment   Private Reply   Ignore Thread  


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Begin Trace Mode for Comment # 7.

#1. To: Horse, 4um (#0)

Sees Oil Upside To $150 And "Multiple Energy Crises" This Decade

That should be pretty good for my last tranche of XOM stock I bought at $40.

Esso  posted on  2023-09-22   20:42:34 ET  Reply   Untrace   Trace   Private Reply  


#2. To: Esso (#1)

Excellent. Your XOM has risen about the same amount as my MPC.

Sold ALL my two cryptos today after buying them both at their All Time High. Those of you who are holding Bitcoin and Etherium can thank me; it will undoubtedly rise now that I've sold all of mine.

My Generac (GNRC) has been sliding into the gutter ever since I didn't sell it at $498 two years ago.

StraitGate  posted on  2023-09-22   21:35:57 ET  Reply   Untrace   Trace   Private Reply  


#3. To: StraitGate, Dakmar, 4um (#2)

My Generac (GNRC) has been sliding into the gutter ever since I didn't sell it at $498 two years ago.

Fundamentals of a company haven't had anything to do with stock prices since the crash of 2009 or whenever it was when my mother lost everything. When my handicapped sister was born, I stopped aging at 2 y/o. She never listened to me.

The stock market is a mystery to me now. The only reason I made the huge XOM play was Dakkie asked me about stocks and I looked in my accounts and saw XOM was about half price when it became apparent that the 2020 election had been stolen.

I guess I owe him one.

Esso  posted on  2023-09-22   21:53:52 ET  Reply   Untrace   Trace   Private Reply  


#4. To: Esso, Lod, Pinguinite (#3)

I owe my MPC purchase to Lod, and I consider him to be at least partly responsible for my Generac purchase, as these were both in the aftermath of the Big Texas Freeze and its attendant power outages, which we discussed here a couple of years ago. Fortunately, I bought a lot more MPC than I did GNRC, so overall I'm way ahead on those two taken together. (Thanks, Lod. And just kidding about laying any blame.)

Now, I have to blame Pinguinite for my buying Bitcoin and Etherium...

Just kidding, Ping. I have only myself to blame, I know.

StraitGate  posted on  2023-09-22   22:35:21 ET  Reply   Untrace   Trace   Private Reply  


#5. To: StraitGate, Lod, 4um (#4) (Edited)

I consider [Lod] to be at least partly responsible for my Generac purchase, as these were both in the aftermath of the Big Texas Freeze and its attendant power outages

I remember that. It's easy to get caught up in a moment. Not that I was ever stupid enough to do that a hundred or so times, like buying a 2010 Smart Car with 89,000 miles sight unseen out of Chicago. ;)

I'm having fun though. Chip's lovin' it!

Esso  posted on  2023-09-22   22:40:13 ET  Reply   Untrace   Trace   Private Reply  


#6. To: Esso (#5)

My genius brother bought a condo on the Florida Panhandle at the peak of the market several years ago. Lost his shirt and one pant leg.

StraitGate  posted on  2023-09-22   23:35:00 ET  Reply   Untrace   Trace   Private Reply  


#7. To: StraitGate (#6)

...condo on the Florida Panhandle...

Where? I used to spend a lot of time near Eglin AFB, usually Ft. Walton Beach in condos. The sand down there was white as snow a long time ago.

Esso  posted on  2023-09-22   23:40:50 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 7.

#8. To: Esso (#7)

Destin, just across the Bay.

StraitGate  posted on  2023-09-23 00:01:58 ET  Reply   Untrace   Trace   Private Reply  


End Trace Mode for Comment # 7.

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