Originally Posted by
80ktsClamp
I honestly don't see any problem with this.
Me neither.
Maybe RA and his pals were there to show the ALPA finance guys that with oil supplies at an 80 year high, no room left to store any of it, refiners planning on shutting down within weeks due to nowhere to put refined product, that the price is going to hit $20/bbl by the end of the year.
Honestly, I don't think there has EVER been a more perfect time to negotiate a contract. Even with oil at $100/bbl we made 4.5 Billion. With oil entering a sustained low price environment, that number is gonna look like chump change in 2017.