Scammers Are Exposed On This Site

Wednesday, 7 December 2016

OPEC production cuts reflected in EIA forecast; HGL production grows through 2017 (12/7/2016)

In EIA's December Short-Term Energy Outlook (STEO), both the West Texas Intermediate (WTI) and Brent crude oil 2017 price forecasts increased by about one dollar per barrel (b) from the November STEO, with prices expected to average $51/b and $52/b, respectively. The WTI price is forecast to average $49/b in the first half of 2017 and end the year at $54/b, while the Brent price is forecast to average $50/b in the first-half of 2017 and end the year at $55/b (Figure 1). ... More »

Wednesday, 23 November 2016

Tighter marine fuel sulfur limits will spark changes by both refiners and vessel operators (11/23/2016)

The sulfur content of transportation fuels has been declining for many years due to increasingly stringent regulations. In the United States, federal and state regulations limit the amount of sulfur present in motor gasoline, diesel fuel, and heating oil. New international regulations limiting sulfur in fuels for ocean-going vessels, set to take effect in 2020, have further implications for both refiners and vessel operators at a time of high uncertainty in future crude oil prices, which will be a major factor in their decisions. ... More »

Wednesday, 16 November 2016

Planned refinery outages through year-end not expected to constrain availability of transportation fuels (11/16/2016)

A recently released report by the U.S. Energy Information Administration (EIA) finds that planned refinery maintenance is not expected to affect adversely the supply of gasoline, jet fuel, and distillate fuel in the United States through the end of 2016. Refinery outages result from both the planned shutdown of refinery units for maintenance and upgrades, and from unplanned shutdowns from a variety of causes such as mechanical failure, bad weather, power failures, fire, and flooding. Planned maintenance is typically scheduled when refined petroleum product consumption is relatively low. ... More »

Wednesday, 9 November 2016

EIA forecasts $51 per barrel 2017 Brent crude oil price (11/9/2016)

The U.S. Energy Information Administration's (EIA) Short-Term Energy Outlook (STEO) released on November 8 forecasts that North Sea Brent crude oil prices will average $43 per barrel (b) in 2016 and $51/b in 2017. EIA expects that West Texas Intermediate (WTI) prices will average $43/b in 2016 and $50/b in 2017. ... More »

Wednesday, 2 November 2016

Stable oil prices, improving credit conditions contributing to rise in merger and acquisition activity (11/2/2016)

Exploration and production (E and P) companies are increasing merger and acquisition (M and A) spending in the United States as stable crude oil prices and improved credit conditions in recent months allowed some companies to purchase assets or entire companies. The increase in M and A spending also suggests improved investor sentiment in the oil industry. The deals are concentrated in the Permian region of the United States, the area where the most drilling rigs have been deployed recently. The Permian is also the only onshore area where production is expected to increase in the next few months. ... More »

The Stages Of A Scam

1. Foundation Work: This is the preparations which are made before the scam is put in motion, including the elaboration of the plan, the employment of assistants and so forth.

2. Approach: Is the manner of getting in touch with the scammers victim — often most elaborately and carefully prepared.

3. Build Up: Rousing and sustaining the interest of the victim, rousing his emotions, showing him the chance of profit and filling him so full of anticipation and cupidity that his judgment is warped and his caution thrown away.

4. Pay-off or Convincer: An actual or apparent paying of money by the conspirators to convince the victim and settle doubts by a cash demonstration.

5. The Hurrah: This is like the dénouement in a play and no scam or con scheme is complete without it. It is a sudden crisis or unexpected development by which the victim is pushed over the last doubt or obstacle and forced to act. Once the hurrah is sprung the victim is clay in the scammer's hands or there is no game.

6. The In-and-In: This is the point in a scam act where the conspirator may put some of his money into the deal with that of the victim; first, to remove the last doubt that may tarry in the gull's mind.