dwerme’s Activity

Wed Aug 26

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Boards Post

dwerme replied to the Peak Oil Party board. 12:55 PM

Re: Crude at $40 per barrel

I was predicting the same range. I did maintain $50 was more likely than $200, but would not have seen $40 in 2015.

In my entire career, I've never seen anyone, not major companies, financial analysts, anyone, do a good job of predicting [more]

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Boards Post

dwerme replied to the Peak Oil Party board. 6:50 AM

Re: Crude at $40 per barrel

When I need a laugh, I look at old posts here. In a 2008 poll of this board, 79% were predicting oil over $150, 6% were predicting under $50.

I wonder what odds they would have given for $40 by 2015?

Mon Jun 29

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Boards Post

dwerme replied to the Berkshire Hathaway board. 11:18 AM

Re: Grexit?

I added to my holdings today for the first time in awhile. I've been waiting for some down spikes-Greek default, Greek exit, the first interest rate bump. Today looked like the first of several anticipated entry points.

Mon Jun 15

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Boards Post

dwerme replied to the Peak Oil Party board. 10:23 AM

Re: US crude production breaks 9.6 mpbd

Yeah, with costs in line some companies are making more money now than they did at $95. Drilling is down, but the drilling which continues is more efficient and more productive than ever.

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Boards Stats & Trivia

Three stars, 500 posts Old School Fool
Board Posts 788
Recs Received 1863
People who have rec'd these posts 451
Recs to Posts Ratio (last 30 days) N/A
Threads Started 93
Threads Started Percentage 11.80 %
Most Frequent Board Real Estate Inv. Trusts: REITs
Very First Post Re: 1929 Cities Servce Co(OXY) (3/30/2000)
Percentage of Posts Rec'd 68.65 %
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