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Oilforecast

>100 year oil priceThis is my first time to publish this idea. I have just discovered that if we use the log scale in prices and look back more than 100 years in the oil price, there are bull cycles. The first bull cycle took more than 100 years from 1863 to 1874. This cycle started with the industrial revolution followed by WW1 and WW2 where fossil fuels such as oil was the main source of energy. The second bull cycle was shortened to 25 years from 1874 to 1999. The third bull cycle was shortened again to 20 years from 2000 to 2020. We might have entered the fourth bull cycle and maybe the period will be 15-20 years (from 2022 to 2035-2040). If we superimposed the previous bull cycle and use fibonacci retracement for the fourth bull cycle, oil prcies could go as high as 500 USD/bbl. Inflation rates, production restrictions and sanctions to oil producers will be the trigger for these high oil prices. But I would assume that 2040 and beyond will be the period where renewables will be the main energy sources and nuclear fussion will be feasible for small and large scale. Oil will still exist as an industry but will no longer cater for majority of energy requirements, thus prices will go back to the third bull cycle. Disclaimer: This is not a financial advice. Charts, figures and discussion in in this idea does not warrant accuracy and completeness. Read at your own risk.
TVC:UKOIL
by wellbore
USOIL to $125 this summer, UBS saysOil hits two-week low but UBS is still bullish on Crude. UBS laid out three reasons for its $125 USOIL this summer: 1. Russian oil exports hurt by sanctions, which will further tighten global supplies. 2. Spare capacity brought in by OPEC is less than 2% of global demand. 3. Global oil demand still heading for record highs with Europeans and Americans returning to normal travel patterns once COVID-19 restrictions are lifted. Looking forward to read your opinion about it.
TVC:USOILLong
by TopgOptions
$ENSV Next Target PT 9.90 and higher...Long term PTs 20-60 Enservco Corporation, through its subsidiaries, provides well enhancement and fluid management services to the onshore oil and natural gas industry in the United States. It offers frac water heating, hot oiling, pressure testing, acidizing, bacteria and scale treatment, freshwater and saltwater hauling, fluid disposal, frac tank rental, well site construction, and other general oil field services. The company owns and operates a fleet of approximately 338 specialized trucks, trailers, frac tanks, and other well-site related equipment. It operates in the eastern United States region comprising the southern region of the Marcellus Shale formation and the Utica Shale formation in eastern Ohio; Rocky Mountain region consisting of western Colorado and southern Wyoming, central Wyoming, western North Dakota, and eastern Montana; and the Central United States region, including Eagle Ford Shale and Permian Basin in Texas. Enservco Corporation was incorporated in 1980 and is headquartered in Longmont, Colorado.
ELong
by BADQOMOCAWGOWLD
1
ENSV is my SwingI am currently in ENSV for an averaged price of 4.28, small capital because I'm not the best at this stuff. I do believe this stock will run along with the other oil plays. Biden is not going to open America's oil production and these oil stocks are going to go through the roof. HUSA, NINE, IMPP, etc are still all in play too. I'm guessing ENSV with my piss poor ability will run the greatest %. Join me at your own peril. All these stocks maintain the ripster short term cloud.
ELong
by thephysicsguy1
$MARPS Next Target PTs 32-45 and higherMarine Petroleum Trust, together with its subsidiary, Marine Petroleum Corporation, operates as a royalty trust in the United States. As of June 30, 2021, the company had an overriding royalty interest in 55 oil and natural gas leases covering approximately 199,868 gross acres located in the Central and Western areas of the Gulf of Mexico off the coasts of Louisiana and Texas. Marine Petroleum Trust was incorporated in 1956 and is based in Dallas, Texas.
NASDAQ:MARPSLong
by BADQOMOCAWGOWLD
$BRN Next Target PT 7 and higherBarnwell Industries, Inc. acquires, develops, produces, and sells oil and natural gas in Canada. It operates through three segments: Oil and Natural Gas, Land Investment, and Contract Drilling. The company acquires and develops crude and natural gas assets in the province of Alberta; and invests in land interests in Hawaii. It also owns and operates five water well drilling rigs, two pump rigs, and other ancillary drilling and pump equipment; drills water and water monitoring wells of varying depths; installs and repairs water pumping systems; and distributes trillium flow technologies. Barnwell Industries, Inc. was incorporated in 1956 and is headquartered in Honolulu, Hawaii.
AMEX:BRNLong
by BADQOMOCAWGOWLD
$CELP Next Target PTs 3.75-6.50-10 and higherCypress Environmental Partners, L.P. provides independent inspection, integrity, and support services in North America. The company operates in three segments: Inspection Services, Pipeline & Process Services (PPS), and Environmental Services. The Inspection Services segment offers inspection and integrity services on various infrastructure assets, including midstream pipelines, gathering systems, and distribution systems. This segment also provides various services, such as nondestructive examination, in-line inspection support, pig tracking, survey, data gathering, and supervision of third-party contractors. The PPS segment offers hydrostatic testing, chemical cleaning, water transfer and recycling, pumping, pigging, flushing, filling, dehydration, caliper runs, in-line inspection tool run support, nitrogen purging, and drying services, as well as test documentation and records retention services. The Environmental Services segment owns and operates 9 water treatment facilities with ten environmental protection agency class II injection wells in the Bakken shale region of the Williston Basin in North Dakota. This segment offers treatment, recovery, separation, and disposal of waste byproducts generated during the lifecycle of an oil and natural gas well to protect the environment and drinking water. The company serves owners and operators of pipelines and other infrastructure, public utility or local distribution, pipeline construction, oil and natural gas exploration and production, and trucking companies, as well as third-party purchasers of residual oil. Cypress Environmental Partners GP, LLC operates as the general partner of the company. The company was formerly known as Cypress Energy Partners, L.P. and changed its name to Cypress Environmental Partners, L.P. in March 2020. Cypress Environmental Partners, L.P. was founded in 2003 and is headquartered in Tulsa, Oklahoma. Cypress Environmental Partners, L.P. is a subsidiary of Cypress Energy Holdings, LLC.
CLong
by BADQOMOCAWGOWLD
$VTNR Next Target PTs 14-20 and higherVertex Energy, Inc., an environmental services company, provides a range of services designed to aggregate, process, and recycle industrial and commercial waste systems in the Gulf Coast and Central Midwest regions of the United States. The company operates in three segments: Black Oil, Refining and Marketing, and Recovery. The Black Oil segment collects and purchases used motor oil directly from third-party generators; aggregates used motor oil from a network of local and regional collectors; and sells used motor oil to customers for use as a feedstock or replacement fuel for industrial burners. It also produces and sells a vacuum gas oil product to refineries and marine fuels market; and base oil product to lubricant packagers and distributors. The Refining and Marketing segment gathers hydrocarbon streams in the form of petroleum distillates, transmix, and other chemical products that are purchased from pipeline operators, refineries, chemical processing facilities, and third-party providers; and sells end products, such as gasoline blendstock, pygas, and fuel oil cutter stock to oil companies or to petroleum trading and blending companies. The Recovery segment sells ferrous and non-ferrous recyclable metal products, and markets Group III base oils and other petroleum-based products, as well as provides transportation and marine salvage services. Vertex Energy, Inc. was founded in 2001 and is headquartered in Houston, Texas.
VLong
by BADQOMOCAWGOWLD
2
$NINE Next Target PTs 10-20-40 and higherNine Energy Service, Inc. operates as an onshore completion services provider that targets unconventional oil and gas resource development across North American basins and internationally. It offers cementing services, which consist of blending high-grade cement and water with various solid and liquid additives to create a cement slurry that is pumped between the casing and the wellbore of the well. The company also provides a portfolio of completion tools, such as liner hangers and accessories, fracture isolation packers, frac sleeves, stage one prep tools, frac plugs, casing flotation tools, specialty open hole float equipment, disk subs, composite cement retainers, and centralizers that provide pinpoint frac sleeve system technologies. In addition, it offers wireline services consisting of plug-and-perf completions, which is a multistage well completion technique for cased-hole wells that consists of deploying perforating guns and isolation tools to a specified depth; and coiled tubing services, which perform wellbore intervention operations utilizing a continuous steel pipe that is transported to the wellsite wound on a large spool in lengths of up to 30,000 feet. Nine Energy Service, Inc. operates 47 wireline pumpdown units and 14 coiled tubing units. The company was formerly known as NSC-Tripoint, Inc. and changed its name to Nine Energy Service, Inc. in October 2011. Nine Energy Service, Inc. was incorporated in 2011 and is headquartered in Houston, Texas.
NYSE:NINELong
by BADQOMOCAWGOWLD
1
$USEG Next Target PT 18 and higherU.S. Energy Corp., an independent energy company, focuses on the acquisition, exploration, and development of oil and natural gas properties in the United States. It holds interests in various oil and gas properties in the Williston Basin in North Dakota, the Permian Basin in New Mexico, the Powder River Basin in Wyoming, and in the Gulf Coast of Texas. As of December 31, 2020, the company had an estimated proved reserves of 1,255,236 barrel of oil equivalent; and 134 gross producing wells. U.S. Energy Corp. was founded in 1966 and is based in Houston, Texas.
NASDAQ:USEGLong
by BADQOMOCAWGOWLD
CRUDE OIL (CL) is exploding but how much higher will it goWell most of us have seen or heard about the massive move on crude oil, first taking out that 100$ a barrel level and now hitting highs yesterday of 130.50. Let's take a look at the 3 charts, far left is the weekly time frame and we can see the 100 level being taken out last week and the extreme parabolic move crude oil is on. The middle daily time frame shows the parabolic move again but I also point out the most recent uptrend and how that angle of degree looked in comparison. Important to always look at the degree of the move. A straight up parabolic move is almost always gonna be a short-term move so keep a tight stop level locking in profit is very important. Going by the craziness in the world it is hard to imagine that crude oil does not have more upside here regardless of the parabolic angle. The right 4 hr chart is showing the attempted rally back to test yesterday highs of 130.50. As of right now looking at the charts It does look to test yesterdays highs, it is possible it could hit a wall at 130 and pullback.
NYMEX:CL1!Long
by Dancharles
$HUSA Next Target PT 20 and higherHouston American Energy Corp., an independent energy company, acquires, explores for, develops, and produces natural gas, crude oil, and condensate. Its oil and gas properties are located primarily in the Texas Permian Basin, the onshore Texas and Louisiana Gulf Coast region, and in the South American country of Colombia. As of December 31, 2020, the company owned interests in four gross wells. Houston American Energy Corp. was incorporated in 2001 and is based in Houston, Texas.
AMEX:HUSALong
by BADQOMOCAWGOWLD
5
Oil in the fall? update (2)This analysis is purely a personal analysis Reaching the desired price range, we will review it once again Hints 1. This analysis is checked in the weekly time frame, so each of the waves has the necessary time to form between a few weeks to several months, and a total of one to two years. 2. For convenience, it refuses to go into details so that the trader can easily understand it. 3. The study was performed in the form of Elliott and canalization using Macd indicator Analysis Description: Oil is on a long-term upward trajectory annually, so after the proper growth of oil prices and the failure of the downtrend, higher goals are pursued, but what is clear is that each impulse step needs a active step to rest. So it can be said that in the next few weeks to a few months, the oil route is expected to be relatively upward to reach its $ 114 target to complete a complete cycle. And then it enters a correction cycle that can take up to two years, so expecting to see $ 35- $ 45 as a midline target is not unexpected. Note: Proper insight into considering all possible scenarios then 1. Short-term visions Long-term to medium-term are well defined We have a temporary uptrend and targets of $ 114 and $ 105 for it Then for several months the rest of the movement shifted and, the price suffered And then move to the channel midline for several months At the end of this analysis is only a personal analysis and there is no certainty in doing or not doing it ......
TVC:UKOILShort
by cafe_chart_