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  • Jun 25, 2011
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by Joeski1  Jan 21, 2015

Won't be much longer... total bomb out by February' s end..the market is primed for major correction.. My gut tells me a 3000 point drop is coming, but 5000 might be the target.. where's the wealth? Who has it? And what's it really worth? We shall soon find out. I vote for clean water,air,and tillible soil. Best joe

by DoctorV  Jan 11, 2015

Thanks for the info Mastermariner, good to know. I posted a similar article a few days ago that said this about booking rates for takers: "The shipping lists indicate the trading firms have been able to hire the VLCCs for less than $40,000 a day - well below spot rates of between $60,000 to $70,000 a day. Average earnings reached $97,000 a day in December - the highest in years - and had so far put off many oil traders. The lower rate has been possible to arrange, brokers said, by agreeing to take some older and less fuel-efficient vessels for up to 12 months." That's where I got the $60-90 figure, which surprised me because I've also heard of tankers going for less than $20k, but of course the market is real cyclical. I know Jones Act tankers have been going for $120-$160 in the past year, but they wouldn't be chartered for storage.

by MidNJ  Jan 11, 2015

Thanks for the info.

by JJ_Chicago  Jan 09, 2015

mastermariner gas saving tips: walk....Awesome!

by Joeski1  Jan 04, 2015

mm,HNY! The snake infested US oil and gas industry is ready to crumble.. a house of cards that only supports itself under high prices the masses of energy slavescan't afford.. the snake has begun to digest its own tail, and now that it's noted that it can't go backwards.. it chews on till it gacks on its own flesh.. no better time to divest like the Rockerfeller's.. 6-9 months tops.. Im going short.. Go Tesla! Best joe

by philthethrill  Jan 01, 2015

belated Merry Christmas ! & Happy New Year !! Go 2015 !!! congrats on 500+ consecutive days !

by BeaconLite  Dec 31, 2014

May the New Year bring your health and prosperity to you and yours. Thanks for being a GREAT Gas Buddy!!

by humblepie  Dec 31, 2014

happy new year

by BeulahME  Dec 31, 2014

Thanks for the well wishes. I hope you have an enjoyable new year.

by akbear90  Dec 31, 2014

Happy New Year !

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