Diversification! Oil prices falling!

[Redman]

But it aint about online cred on an anonymous forum

Lucid.

[Skanky]

anything allyuh want just call me. im writing a book on cryptocurrencies and have some of everything etc. looking for investors. as an experienced player in the markets etc i will be looking for investors to setup a farm.

whatever your investment i can regain it in 4-6 weeks. $10,000, 100,000, 1million doesnt matter.

yes ppl.. my name is rocknrolla. your cryptocurrency specialist. this my darlings is what i was talking about when i was asking for investors in a post i made last year. if you have money, then come ride with me ill make you alot more.

i know everything there is to know about crypto and have been a leading advisor on crypto investments in crypto-communities. you can wait to buy my book(eta 2-3months) or invest with me now. but i dont tutor for free. so ask no questions unless you have cash ready with the intention to invest. some fear volatility, but volatility is my best friend.

If this doesn't reek of scam and fraud I don't know what does.

4-6 weeks you should be thinking more along the lines of 10 to life.

[zoom rader]

Bluesclues is a fraud and worst again he is a PNM

[bluesclues]

both of allyuh is compound ass. but say what allyuh probably got educated in uwi. so that makes alot of sense. that offer closed long time. snooze u lose. now keep bitching, attempting to defame my character and hoping to pick my mouth on trading skills. i dont care how it smells to you, you probably have sheit in your noses whose source is in your brain leaking out through the nasal cavity. but unless you have some kind of proof i am a scammer please cease and desist. thank you

and no i aint no pnm.. im just anti failure-government

[zoom rader]

both of allyuh is compound ass. but say what allyuh probably got educated in uwi. so that makes alot of sense. that offer closed long time. snooze u lose. now keep bitching, attempting to defame my character and hoping to pick my mouth on trading skills. i dont care how it smells to you, you probably have sheit in your noses whose source is in your brain leaking out through the nasal cavity. but unless you have some kind of proof i am a scammer please cease and desist. thank you

and no i aint no pnm.. im just anti failure-government

UWI > Woodford Sq

[Redman]

[nervewrecker]

Ollor still taking bluesclues seriously?

he says he have a masters in common sense and says the debe - mon desir highway segment caused the flooding in mayaro.

[bluesclues]

lol let them follow the trail of clues.. lol

[janfar]

So wait wait wait:

Financial expert.
IT Guru.
Swami G.
Astral plain traveller.
Cryptocurrency expert.
Guitarist.


What else rocknrolla? Just now you will come out and say, "I am Ironman".

Why yuh hush yuh kant and go and clean yuh room before mammy beat yuh again.

[bluesclues]

So wait wait wait:

Financial expert.
IT Guru.
Swami G.
Astral plain traveller.
Cryptocurrency expert.
Guitarist.


What else rocknrolla? Just now you will come out and say, "I am Ironman".

Why yuh hush yuh kant and go and clean yuh room before mammy beat yuh again.

that list looking a bit short. i think u missing quite a few things from it. lol

[X_Factor]

http://www.infowars.com/putin-strikes-b ... been-made/

the plot thickens....WWIII soon anyone?

[nervewrecker]

http://www.infowars.com/putin-strikes-back-russia-cuts-off-european-gas-supplies-starts-selling-dollars-the-decision-has-been-made/

the plot thickens....WWIII soon anyone?

Every year near carnival we on the brink of it

[orangefox]

As Bloomberg reports Russia “may unseal its $88 billion Reserve Fund and convert some of its foreign-currency holdings into rubles, the latest government effort to prop up an economy veering into its worst slump since 2009.”

These are dollars which Russia would have otherwise recycled into US denominated assets. Instead, Russia will purchase even more Rubles and use the proceeds for FX and economic stabilization purposes.

“Together with the central bank, we are selling a part of our foreign-currency reserves,” Finance Minister Anton Siluanov said in Moscow today. “We’ll get rubles and place them in deposits for banks, giving liquidity to the economy.”

Call it less than amicable divorce, call it what you will: what it is, is Russia violently leaving the ranks of countries that exchange crude for US paper.

[orangefox]

http://www.newsday.co.tt/news/0,205683.html

“Gas prices follow oil prices globally so we expect gas prices will come down which is why we have adjusted the budget to (US) $2.25 (per mmbtu gas price) instead of the $2.75 which was the September budget price,” he explained.

[bluesclues]

common sense, if oil price is slipping then so will all of it's derivatives unless they are absolutely scarce.

so what allyuh think will happen next? maxis and taxis will drop transport fare due to lower gas prices? or the dollar will devalue.. this time against foreign currency and not through inflation?

or maybe the dollar will devalue and prices will rise if both oil and gas goes too low and they have to cut the subsidy?

the pm explained her mistaken interpretation of the savings accrued due to the dropping gas price. as i was saying.. she presented it with the shifted perspective as though the 1.5bn was in actual revenues that could be applied somewhere else. however this could never be the case in reality... only on the books when they shift the numbers. it still means overall, lower income. thus a lowered budget. and perhaps soon, a lowered dollar.

[TriP]

http://www.businessinsider.com/afp-schl ... ces-2015-1

Schlumberger cuts 9,000 jobs due to low oil prices

Oil services company Schlumberger Thursday said it was firing 9,000 workers due to plunging oil prices that has forced petroleum companies to cut drilling budgets.

Schlumberger disclosed the job cuts as it reported sharply lower fourth-quarter earnings in the wake of a more than 50 percent fall in oil prices since June. The job cuts account for about 7.5 percent of Schlumberger's global workforce.

[COROLLA KID]

I can't say I feel bad for the oil companies. They have made billions in profits for years. If they were thinking long term, they should have prepared for this. We're using less oil than we used to and we're getting better at pulling it from the earth. Unfortunately it's the workers at the bottom of that ladder that are going to take the hit due to lower prices.

I'm sure things will level back out in a few years or so. In the meantime, I will be saving $$ on gas. That if they decide to drop the price

[zoom rader]

I can't say I feel bad for the oil companies. They have made billions in profits for years. If they were thinking long term, they should have prepared for this. We're using less oil than we used to and we're getting better at pulling it from the earth. Unfortunately it's the workers at the bottom of that ladder that are going to take the hit due to lower prices.

I'm sure things will level back out in a few years or so. In the meantime, I will be saving $$ on gas. That if they decide to drop the price

Oil companies are not loosing out.
Its the service companies and contractors that are loosing out.

Oil companies hire only necessary management staff and contact out the rest.

Why do think that in trini they hire Wood group , kenson ect to do their maintenance.

Believe me, big oil producers have thought of and analyse every possible outcome with high and low oil prices. They never loose out.

These clowns on tuner know very little about oil producers and how they operate.

[COROLLA KID]

I can't say I feel bad for the oil companies. They have made billions in profits for years. If they were thinking long term, they should have prepared for this. We're using less oil than we used to and we're getting better at pulling it from the earth. Unfortunately it's the workers at the bottom of that ladder that are going to take the hit due to lower prices.

Oil companies are not loosing out.
Its the service companies and contractors that are loosing out.

Oil companies hire only necessary management staff and contact out the rest.

Why do think that in trini they hire Wood group , kenson ect to do their maintenance.

Believe me, big oil producers have thought of and analyse every possible outcome with high and low oil prices. They never loose out.

These clowns on tuner know very little about oil producers and how they operate.

Please read and understand before you start the name calling sir.....as big as these contractors may seem they are at the bottom of the ladder or at least just before the bottom

[brams112]

http://www.businessinsider.com/afp-schlumberger-cuts-9000-jobs-due-to-low-oil-prices-2015-1

Schlumberger cuts 9,000 jobs due to low oil prices

Oil services company Schlumberger Thursday said it was firing 9,000 workers due to plunging oil prices that has forced petroleum companies to cut drilling budgets.

Schlumberger disclosed the job cuts as it reported sharply lower fourth-quarter earnings in the wake of a more than 50 percent fall in oil prices since June. The job cuts account for about 7.5 percent of Schlumberger's global workforce.

Owtu should run een and call strike because of job cuts there too .

[orangefox]

http://www.trinidadexpress.com/news/Dee ... 42821.html

Finance and Economy Minister Larry Howai says Government has shelved a number of projects following the readjustment of the oil and natural gas prices.

They include the New Port of Port of Spain, the Drydock, six economic free zones, the Endeavour Economic Park and downgrading of the extent of work on some of the country’s health centres.

[orangefox]

^^ Red , Blues, Dizzy

We have a TT "Economy Minister" who panics and seem to know little about economic stimulus

[Dizzy28]

We have an ongoing 7-8 billion dollar highway. How much stimulus you want? There is such a thing as over reach and that overpriced highway put us there even at the best of economic conditions.

[bluesclues]

We have an ongoing 7-8 billion dollar highway. How much stimulus you want? There is such a thing as over reach and that overpriced highway put us there even at the best of economic conditions.

problem is that about 5-6billion of that will be leaving the country with the foreign contractor. if they went towards higher wages we'd have a real stimulus. but if 2 billion go in wages thats plenty. cutting back on health centres development sticks out in that list like a sore thumb. poor ppl gonna need healthcare and we have a major efficiency issue with that. too bad we didnt spend 2 billion on a cheap highway on a less troublesome route, and spend 5-6bn in health centre upgrades.

Sent from my DROID4 using Xparent Skyblue Tapatalk 2

[orangefox]

We have an ongoing 7-8 billion dollar highway. How much stimulus you want? There is such a thing as over reach and that overpriced highway put us there even at the best of economic conditions.

problem is that about 5-6billion of that will be leaving the country with the foreign contractor. if they went towards higher wages we'd have a real stimulus. but if 2 billion go in wages thats plenty. cutting back on health centres development sticks out in that list like a sore thumb. poor ppl gonna need healthcare and we have a major efficiency issue with that. too bad we didnt spend 2 billion on a cheap highway on a less troublesome route, and spend 5-6bn in health centre upgrades.

Sent from my DROID4 using Xparent Skyblue Tapatalk 2

Yes per above. But Free zones and new upgraded port is what can help us bring in investors or
needed revenues. Private enterprise is always ready

We will have brand h'way but no increase trade . Foreign contractors will take the $$ and run, yes agreed.

Classical economics dictates we spend , on development not run and hide like Kamal/Howai and raise taxes.

[Redman]

Depends on their outlook.
For oil
For elections

[bluesclues]

We have an ongoing 7-8 billion dollar highway. How much stimulus you want? There is such a thing as over reach and that overpriced highway put us there even at the best of economic conditions.

problem is that about 5-6billion of that will be leaving the country with the foreign contractor. if they went towards higher wages we'd have a real stimulus. but if 2 billion go in wages thats plenty. cutting back on health centres development sticks out in that list like a sore thumb. poor ppl gonna need healthcare and we have a major efficiency issue with that. too bad we didnt spend 2 billion on a cheap highway on a less troublesome route, and spend 5-6bn in health centre upgrades.

Sent from my DROID4 using Xparent Skyblue Tapatalk 2

Yes per above. But Free zones and new upgraded port is what can help us bring in investors or
needed revenues. Private enterprise is always ready

We will have brand h'way but no increase trade . Foreign contractors will take the $$ and run, yes agreed.

Classical economics dictates we spend , on development not run and hide like Kamal/Howai and raise taxes.

well classic economics i think will die in this new world or at least in trinidad, and take trini with it. we have to generate businesses that export products and services. providing government jobs and bringing in foreign investment. couple that with a rewarding minimum wage that keeps all workers above the poverty line and you have yourself a positively growing economy and significantly lowered crime. we need agriculture, health, manufacturing and services export including tourism. and we cant pick up tourism until we reduce crime. and that have nothing to do with catching criminals. the actual incidence of criminal activity you need to reduce. and you could only do that by understanding the butterfly effect and psychology of the masses in tough times. in tough times the masses become harder to keep orderly. and it follows that the more delinquent members of society up their activity, becoming more brazen and frequent. you cant control that with 200,000 police without totally destroying this paradise. making it a police state where yuh not free to go on the beach anymore. and paradise already so far gone already. i also say marilize the legajuana and let be a tropical haven for tourists to relax and smoke freely, sold and taxed by the government or authorized sellers. jamaica do it and in a few months they see a 15% drop in crimerate. itll free up the judicial system so law enforcement can focus on serious offenders.

i say you all need to stop thinking from a book. just because some man wrote on acceptable solutions 100 years ago doesnt mean his solutions can just be superimposed 100 years later. i say utilize your environment, adapt and focus on government's major roles of protecting this sovereign nation, creating businesses for increased income, and facilitating wealth redistribution efficiently so that money can change hands faster and through faster circulation generate higher annual growth. all the same things ive been saying probably since before 2010. it have so many available young markets we can start now with and compete for a position on a global scale as suppliers before they get saturated. it sad that our leaders just seem to be praying that america will lead us back out of the mess they lead us into. and unable to come up with out of the box solutions custom designed to suit our society and place in the world as a stellar THIRD WORLD COUNTRY. a tropical paradise and getaway location for tourists. other than that trini have no pips if oil and gas prices stay low, or worse yet, keep declining.

i know we still in a recoverable position. but that could change so fast. we need contingencies. not just cuts. we need to develop other sources of revenue. we will just have to wait and see what effect lowered gas price will have. but i think we all know how this story goes. the prices never get better. only those who experience the boom years would be exception. but this generation boom was stolen by hart and duprey. and it was apparently the last of the booms in a world moving away from fossil fuels.

[nervewrecker]

Axe may fall on Petrotrin temps

THERE will be no job losses for permanent staff at State-owned Petrotrin Company, but the board of directors is looking at the terms and conditions of contract and casual workers as it deals with falling energy prices on the global market.

Asked by Point Fortin MP Paula Gopee-Scoon about reports that Petrotrin’s board has declared there will be no job losses during the crisis in which major global oil companies have begun cutting down on staff, Petrotrin chairman Lindsay Gillette said there will be no cuts for permanent staff.

Petrotrin has a social responsibility, he said, to ensure that its employees were not left on the breadline. “As chairman,” he said, “we shall see how we can dig ourselves out of this situation as it relates to the global crisis and the price of oil.”

Pressed further about what will be done to contract and casual workers, he said, “We are looking at those and how we can go forward. Some casual as well as contract workers can be hired as needed.”

Meanwhile, he issued a call to the private sector to use local qualified skills in the context of the availability of intellectual capital.

Petrotrin has used a lot of local talent in seismic engineering it has completed both offshore and onshore in recent years, he said, as well as in renegotiations with Samsung on the completion of the Ultra Low Sulphur Diesel project.

“We have invested a lot of money in our intellectual capital by way of free education and there are a lot of educated people in our country,” he said.

http://www.newsday.co.tt/news/0,205860.html

Where the petrotrin crew?

[Allergic2BunnyEars]

Sup?

[sMASH]

^^ not the price of oil