Sam Mitchell
3.3K posts
@SamMichi94 @fernandowavesfx Totally agree. A wise thing for you to say.
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105 target hit 40/30 $ next
Posted whole setup on oil back in October when there was no Bulls.
This was the time to long oil.
Not now at the top.
Fernando@fernandowavesfx
Oil 105 target
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@gemoscatelli @fcfinvest I think US and Russia are closer than you think or this presidency anyway.. leaving NATO would leave us quite exposed
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@fcfinvest Next steps: end NATO, close US military bases in Europe, the EU starts buying cheap nat gas from Russia again, manufacturing thrives, the economy grows.
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French clearing the Strait by voting against GCC in the security council.
Cheap and efficient. Europe doesn't need military to clear the Strait
FinancialJuice@financialjuice
French-owned container ship signals it exited the Strait of Hormuz
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@lxl_AJ_lxl @DonMiami3 Can’t print oil, there will be a physical squeeze 100% it’s just being delayed
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@DonMiami3 Give it to Trump for managing this extremely well. Oil trading below $100. Markets barely off all time highs. Dude is actually doing it
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The Overton window on the energy shock continues to shift in real time
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@paulafr68963440 Siding with a paedo/rapist, well done Paul very patriotic
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Starmer’s blown it with America so he’s running back to Europe.
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@RobertJenrick Unless you nationalise the North Sea supply what difference will it make you moron
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Is Keir Starmer allergic to action?
Another non-statement this morning.
Drill the North Sea. Scrap the fuel duty rise. Take VAT and the stealth levies off energy bills.
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@johnkonrad @realdavetrader You’re a total moron. Strait was open before all of this
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Trump said we need Greenland because we can’t trust NATO to let us use it in a war.
He said we need a battleship 100x more powerful to keep straits open.
Europe laughed.
Trump was right.
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@PhilMyers53 Adheres to the international market, highest bidder get the oil regardless of what country it’s located in. Unless Trump nationalises or issues export controls
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If the US has so much oil, why is Petrol now $4 a gallon ?
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@Investor_Miller @dorfman_p Have a day of Stephen by the time they’ve explored the little we have left Trump will have flip flopped and oil will come down and won’t be economical anymore
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@dorfman_p Here's an idea why dont we fucking do both and stop being soo stupid
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University of Oxford : maximising oil and gas extraction here would only save UK households up to £82 (€95) per year. A UK fully powered by renewable energy, would save households up to £441 (€510) a year on energy bills.
euronews.com/2026/03/27/eur…
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@dambury67 @StoneAlun @Suewilson91 @grok It’s still cheaper than the fossil fuel alternative and long term someone will solve the problem (I actually think musks firm has large scale battery storage facilities)
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@SamMichi94 @StoneAlun @Suewilson91 @grok We don’t have the storage facilities to store the excess when we are getting wind generation (capacity)
If someone cracks that at the scale required for an advanced economy it may be different.
Currently we are paying about £1.3 Billion to wind farms (curtailment) to turn off
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So fed up with this bollocks.
North Sea gas/oil is not the answer.
Renewables are.
Just look at Spain.
Mel Stride@MelJStride
Not drilling the North Sea - when Norway is doing exactly that - is absolute lunacy. It’s costing jobs, it’s costing tax revenues, it’s making the economy weaker and it’s damaging our energy security. We MUST Scrap Net Zero dogma. Drill the North Sea. Axe the Fuel Tax Hike. Put Britain first 🇬🇧
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@SamMichi94 @StoneAlun @Suewilson91 @grok We pay a fortune for wind it’s by far the most expensive and the UK is often too windy so we have to pay to turn them off.
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@StoneAlun @Suewilson91 @grok Luckily there’s other forms are renewables then isn’t there smart arse
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@Suewilson91 @grok Explain to the idiot why Spain produces more solar energy than the UK ...
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@Bills_gallery @johnredwood I agree some of the net zero policies are ridiculous but this whole North Sea oil narrative is being spouted by compromised Westminster politicians will be getting generous donations from the oil majors and their lobbyists. Don’t fall for it
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@SamMichi94 @johnredwood Same with corn and wheat. Prices are set by international markets.
But we still grow corn and wheat.
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If you want to lower the price of oil and gas you produce more. If you want higher prices you cut output and ban new wells. Why is the government on the side of higher prices?
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@Bills_gallery @johnredwood UK has already depleted most of its easily accessible reserves, any oil and gas exploration now would require far deeper extraction + the way Trump flip flops by the time we’ve gotten to it we’d probably be pumping it at a loss..
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@Bills_gallery @johnredwood Secondly corn wheat don’t have that issue and are less capitally intensive and literally just require harvesting by the farmer each crop cycle
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@Bills_gallery @johnredwood A number of reasons this example is a poor one. Firstly crude from the North Sea is mainly refined abroad therefore it’s not as simple as just pumping and selling domestically so there’s added logistical costs there which makes it more efficient to buy from abroad
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@Danjsalt @kevin_carter_uk Man loses argument through lack of knowledge and understanding, proceeds to throw toys from pram
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@kevin_carter_uk Sorry mate you thick, rude and I don't want to talk you - you killed than one with your opener - go bore someone else to death
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@Bills_gallery @johnredwood No Bill, gas and electric is sold to the highest bidder on the international market. Increasing our output wouldn’t make a difference. Government tax receipts and oil and gas profits would be the only thing that would increase
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@johnredwood Because environmentalism, like all other “isms”, is sacrosanct.
Nothing can stop it. Not even facts or logic. Not even the suffering of struggling families and pensioners who can’t afford the highest bills in the world.
Anything against environmentalism is seen as evil.
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This is a genuine question.
When was the last time you bought something in the UK and thought:
“that was good value!”
Because I really struggle to think of one.
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@KagameLee @jsteelefx @stalmico @TMtheOG Yeah but I don’t think demand remains consistent. If reduced miners due to energy crisis the blockchain would lag or even halt. In turn reducing overall confidence in the btc
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