Oil prices up as Suez canal blocked

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Pseudonomdeplume
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Re: Oil prices up as Suez canal blocked

Post by Pseudonomdeplume »

I'm not complaining.
I went heavy on oil and energy after last year's sell off, and the sector has easily out-performed every other sector, this year. It's even beat the index itself.
It's definitely a short-term investment and I expect to roll in the near future, but this has me hanging in there a bit longer.
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John Bingham
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Re: Oil prices up as Suez canal blocked

Post by John Bingham »

clutchcargo wrote: Fri Mar 26, 2021 8:48 pm Bit of related trivia..

The US had a plan in the 1960s to blast an alternative Suez Canal through Israel using 520 nuclear bombs

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The US considered a proposal to use 520 nuclear bombs to carve out an alternative to the Suez Canal though Israel in the 1960s, according to a declassified memorandum. The plan never came to fruition, but having an alternative waterway to the Suez Canal could have been useful today, with a cargo ship stuck in the narrow path and blocking one of the world’s most vital shipping routes.

According to the 1963 memorandum, which was declassified in 1996, the plan would have relied on 520 nuclear bombs to carve out the waterway. The memo called for the “use of nuclear explosives for excavation of Dead Sea canal across the Negev desert.”

Full: https://www.businessinsider.com.au/us-p ... 60s-2021-3
They need to nuke that Ever Given heap of shit that's blocking progress right now. 8)
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Clutch Cargo
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Re: Oil prices up as Suez canal blocked

Post by Clutch Cargo »

Evergreen a new virus? 8)

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Yobbo
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Re: Oil prices up as Suez canal blocked

Post by Yobbo »

Re-floated!
I wonder how many disappointed pirates were waiting on the cape of Good Hope :roll:
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Cooldude
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Re: Oil prices up as Suez canal blocked

Post by Cooldude »

Pseudonomdeplume wrote: Fri Mar 26, 2021 10:37 pm I'm not complaining.
I went heavy on oil and energy after last year's sell off, and the sector has easily out-performed every other sector, this year. It's even beat the index itself.
It's definitely a short-term investment and I expect to roll in the near future, but this has me hanging in there a bit longer.
What has beat the index?
DaveG
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Re: Oil prices up as Suez canal blocked

Post by DaveG »

Cooldude wrote: Mon Mar 29, 2021 2:33 pm
Pseudonomdeplume wrote: Fri Mar 26, 2021 10:37 pm I'm not complaining.
I went heavy on oil and energy after last year's sell off, and the sector has easily out-performed every other sector, this year. It's even beat the index itself.
It's definitely a short-term investment and I expect to roll in the near future, but this has me hanging in there a bit longer.
What has beat the index?
Bitcoin
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Kammekor
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Re: Oil prices up as Suez canal blocked

Post by Kammekor »

Pseudonomdeplume wrote: Fri Mar 26, 2021 10:37 pm I'm not complaining.
I went heavy on oil and energy after last year's sell off, and the sector has easily out-performed every other sector, this year. It's even beat the index itself.
It's definitely a short-term investment and I expect to roll in the near future, but this has me hanging in there a bit longer.
I don't know how many sectors you followed but by stating oil and energy beat them all I guess you missed a few.
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Big Daikon
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Re: Oil prices up as Suez canal blocked

Post by Big Daikon »

Found the problem!
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Clutch Cargo
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Re: Oil prices up as Suez canal blocked

Post by Clutch Cargo »

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Clutch Cargo
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Re: Oil prices up as Suez canal blocked

Post by Clutch Cargo »

Now the truth comes out...Thunderbirds are go!

www.facebook.com/100000376703000/videos ... 558589161/
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