Clint Simmons

People need to reconcile the name of Jesus and make their decision as to who He is: either the Son of God and resurrected Savior, or, a lunatic who only claimed to be these things. Those are your choices. I’ll even help you out here: He was the former. You should talk to Him and read His Word. The book of “John” in the Bible is a great place to start. This decision - to either accept or reject Jesus - is BY FAR the most important decision you will ever make. The Bible says we will all experience eternity - either with God or apart from Him. It is our choice to make. I encourage you: Choose Jesus, please. We live as in the times of Noah. The world is upside down. Evil has almost no bounds anymore. You know it as well as I do. Jesus is the Way. Yoke to Him and see what happens. Life won’t be perfect…there will still be plenty of hard days….but on the whole, it will be better understood and will be so much more real, deep and fulfilling. Meaningful. Like any relationship, we have to work at it in order to see it grow. But if we draw near to Him, He will draw near to us. That has been my experience at least. And I believe it will be yours as well. His arms are open to EVERYONE. Nothing in your past is too much for Him. His substitutionary death on the cross covered ALL sin. And his resurrection defeated death. The second death will not affect His followers. Maranatha indeed!

@RazorOil @trend_bullish Energy investors POV:

8.6mm from SPR is extremely fucky friends 🫣🪒

There is a difference between demand destruction due price and due shortage/availability. We are not in demand destruction due price territory, yet. Small, but growing, pockets are seeing demand destruction due shortage. There will be a time to sell “Oil” but that time is not now. The trade is still far too widely, and easily, hated.

I believe a Big Short moment is coming for the oil market in the long run. I partly agree with your point on demand destruction. The longer this situation drags on, the more it will trigger permanent demand loss, increasing the probability of a Big Short scenario in the future. But are you actually betting on a drop right here and now? Since the backwardation is so strong, how you trade this spot is going to be pretty critical. Bc the roll yield is so powerful, simple trades like $SCO will end up losing money even if oil prices actually drop later on. If you are expecting a downside here, what kind of trade examples do you have in mind?

Don't Fall for the Oil Bulls New research report explaining why we believe oil prices are headed lower. We believe the current cycle of demand destruction is creating a natural ceiling for the oil market, limiting the market’s ability to sustain elevated prices over time. #OOTT #Crude #WTI

@tradeoilstocks @VanIsleInvestor I believe their hubris in thinking they CAN manipulate without consequence WILL catch up with them. Supply/demand matters in the end…and I think the world is going to come up short on the supply side….unrelated to Hormuz. SoH is just the catalyst.

@VanIsleInvestor Why though? Why not manipulate it forever?

“They” have done a great job in manipulating oil prices downwards during this Hormuz crisis. My question is: what’s to stop them from holding oil at say $60 for years? If they can do it in times like this, they might as well do it even in calm times.

@2020Upstream Easy now partner…the day is yet young…

@chigrl Probably nothing… Oh, and sell oil…obviously.

⚠️Crude Oil in Floating Storage Falls 33% in Past Week: Vortexa

@JoshYoung Yes.

Buying opportunity?

@chigrl lol….your cheat days are likely still better than my regular days! Sounds v good.

If you are going to have a ridiculous cheat day...do it with a sweet potato drenched in French cultured butter, Italian full fat mozzerella, and smoky black lava salt from Hawaii

@Cole_Smead See: The Bible.

👇🏻 "You don't have to burn books to destroy a culture. Just get people to stop reading them." -- Ray Bradbury

Sure, it seems shameful. But nothing ever changes. Just more and more “shameful” behaviour. More waste. More skimming. More taxes. More floor crossing. And we cannot even get a change in government after so many scandals - each of which in singular would have brought down the government by itself just 25 years ago. Politics in Canada are broken. Objectively true.

OUTRAGEOUS!!! Immediately after giving themselves a majority on committee and DESPITE promising they wouldn’t shut down investigations, what was the very first thing they did? Shut down an investigation into a $300 million scandal. Shameful.

@ALikhodedov Anton - I appreciate your thoughtful posts. It seems to me, after reading you for sometime now, that you are reasonably measured and knowledgeable. At least somewhat so. 😉 Thank you for sharing your perspective.

In case you were wondering why many are still ignoring the glaring supply hole right in front of them, here are a few illustrative examples: -There are economists, who disregard the specifics of commodity markets: x.com/robin_j_brooks… my comments: 1) Prices of futures contracts are not a prediction of oil prices. If you want to go academic - there is a theory of storage (central concept there is "convenience yield", representing the premium for having barrels available earlier - very relevant in a massive disruption scenario, explaining part of the difference between near-term "physical" prices and futures prices). There is also a theory of normal backwardation (risk-averse producers (hedgers) paying a risk premium to speculators to take long positions, resulting in a systematic pressure on long-end of the curve - where the hedging happens). Less relevant now, but still important. Both effectively imply that futures price is not "predictive". 2) Supply disruption size was not predictable - in fact back in March a 2mo long disruption was an outlier scenario - most, including myself expected the Strait to open sooner. Now it is an unrealistic best case scenario. -Then there are arrogant people who struggle with arithmetic and think that we only have a 3mbd shortfall: x.com/MelMattison1/s… - reroute capacity is wrong - it is not 10mbd - more like under 5mbd. Reason being that East-West pipeline and ADCOP were already partially utilised before the war - to the order of 2.5mbd or so. So now it went to 7, maybe 7.5mbd max - there is no material ramp up out of US/RU/Venny on a 1-2-6 months horizon. Thus, the shortfall is closer to 10mbd, not 3. And some - e.g. Goldman put it higher - to 11-12mbd (fwiw I do not agree - think it is too high as they probably understate pipeline redirections and do not account for pre-existing surplus) -Then there is a whole parade of clowns, who are not even worth quoting - who take pride in refusing to learn the basics...

@HFI_Research @trend_bullish It’s not going to matter soon. Meaning: jawboning, while previously effective but now with waning effectiveness, will soon be rendered near useless due coming supply limitations. The era of cheap energy is ending.

Axios! Just in time, ahead of the market open! This time, Axios got scoop that Iran wants to “prioritize” opening the Strait of Hormuz. You can’t even make this shit up if you tried.

@2020Upstream @JoshYoung It is far less “demand destruction due high product prices”…and far more “demand destruction due refined product supply limitation”. We are not in demand destruction territory (price).

@JoshYoung ‘wait, what?’

This completely destroys the bearish narrative for oil here

@JoshYoung “Once the pipelines explode…” 24 hrs later… “Would you look at that … one of their pipelines “exploded”” (Nordstream 2)

"Three days to open the Strait" Sounds familiar 🤔

@JoshYoung Josh you need to altar that pic ASAP…it looks more like Justin Trudeau.

My latest thoughts on oil markets, apparently with an AI generated image youtu.be/QcrLu74N_TE?si…

@HFI_Research Not entirely demand destruction due high prices…but due availability. One flows resume, a lot of the “demand destruction” will be alleviated (at least at current prices).

Oil demand destruction is underway. 1.5-2.5 million b/d Flow assumption update: Production shut-in: 12 million b/d SPR: 2.5 million b/d Demand loss: 2 million b/d Net: 7.5 million b/d

@2020Upstream @JoshYoung We doubt all macro data produced by China but yet take their storage figures as valid? Come on….

@JoshYoung I doubt it

Does China really have 1.4 billion barrels of oil in their SPR?

I love dogs. I find them easier to love than people some (most?) times. But I know I am called to love all people. I find it hard. But, I know, I am not that lovable sometimes. I am very thankful Jesus loves me so much in spite of myself. As His followers, we are to be known by our love. So easy to say…but hard to do. Believe me, I get it. Anyways…a bit of a meandering thought. Have a great day buddy. Truly.

@ClintSimmons33 Why do you hate dogs, Clint?

Hi Dario - I have a question: do you know how “shorts” can just hammer this commodity without consequence? There must be a cost…but it does not seem to be born out. If fundamentals do not matter…why not run it down to $60 again? This disconnect between physical and paper is astonishing.

I recorded this for those who may wonder what oil futures wash trading to pin the price at a predetermined price level looks like 11 minutes 1 sec candles x16 speed $USOIL

@JoshYoung If Iran was to follow through on these threats, you can safely exchange “could be” with “IS (!!!)”

This could be significant, if Iran follows through on these threats