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WSJ's profile
The Wall Street Journal
The Wall Street Journal
The Wall Street Journal
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@WSJ

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The Wall Street JournalVerified account

@WSJ

Breaking news and features from the WSJ.

New York, NY
wsj.com
Joined April 2007

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    The Wall Street Journal‏Verified account @WSJ 20 Nov 2016

    Iraq to offer new proposals to implement OPEC oil output cut http://on.wsj.com/2gz4grF  🔓

    4:30 PM - 20 Nov 2016
    • 37 Retweets
    • 28 Likes
    • Ahmed Scott Cunningham Boy Plunger JSW Cam Warthan John Boysha Jr Yasir A Thebluestar World Oil Traders
    55 replies 37 retweets 28 likes
      1. Ralph Cerchione‏ @Dry_Observer 20 Nov 2016
        Replying to @WSJ

        .@WSJ Assuming you still *want* oil, with clean natural gas generating limitless electricity or pure-silica solar panels

        0 replies 0 retweets 1 like
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      1. Ralph Cerchione‏ @Dry_Observer 20 Nov 2016
        Replying to @WSJ

        .@WSJ Natural gas, faced w/effectively free, unlimited biogas from decaying algae in a hole? Finished.

        0 replies 0 retweets 1 like
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      1. Neven Gibbs‏ @Gibbs4Pres 20 Nov 2016
        Replying to @WSJ

        Works for US. Just found more oil here so, neener.

        0 replies 0 retweets 1 like
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      1. The lion of zion‏ @levinemarty2 20 Nov 2016
        Replying to @WSJ

        take their wells away

        0 replies 0 retweets 0 likes
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      1. Ralph Cerchione‏ @Dry_Observer 20 Nov 2016
        Replying to @WSJ

        .@WSJ Someone *has* been saying this since 6/23/14 - exactly 1 day before oil peaked & began its crash http://futureimperative.blogspot.com/2011/07/amazon-introduction-to-future.html …

        0 replies 0 retweets 0 likes
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      1. Ralph Cerchione‏ @Dry_Observer 20 Nov 2016
        Replying to @WSJ

        .@WSJ And that's why we keep talking about $20/barrel oil. That, & a panic when everyone figures it out at once.

        0 replies 0 retweets 0 likes
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      1. Ralph Cerchione‏ @Dry_Observer 20 Nov 2016
        Replying to @WSJ

        .@WSJ Anyone left in oil will be selling feedstocks & lubricants.

        0 replies 0 retweets 0 likes
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      1. Ralph Cerchione‏ @Dry_Observer 20 Nov 2016
        Replying to @WSJ

        .@WSJ So, oil with an effective cap of $25/barrel or lower vs solar & natural gas that are practically free.

        0 replies 0 retweets 0 likes
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      1. Ralph Cerchione‏ @Dry_Observer 20 Nov 2016
        Replying to @WSJ

        .@WSJ No one owes you a market. Much less a toxic, $3 trillion+/year revenue stream that is killing the planet.

        0 replies 0 retweets 0 likes
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      1. Ralph Cerchione‏ @Dry_Observer 20 Nov 2016
        Replying to @WSJ

        .@WSJ What happens when China decides charcoal or something better can replace coal? Coal is a dead letter.http://reut.rs/1PRA1V9 

        0 replies 0 retweets 0 likes
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      1. Ralph Cerchione‏ @Dry_Observer 20 Nov 2016
        Replying to @WSJ

        .@WSJ And that's just the beginning. Charcoal is better at steelmaking than coke, just wasn't as cheap. Then add free power.

        0 replies 0 retweets 0 likes
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      1. Ralph Cerchione‏ @Dry_Observer 20 Nov 2016
        Replying to @WSJ

        .@WSJ Every NG power plant on Earth will realize they can run on biogas, recycle their exhaust & sell their refuse as commodities

        0 replies 0 retweets 0 likes
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      1. Ralph Cerchione‏ @Dry_Observer 20 Nov 2016
        Replying to @WSJ

        .@WSJ But you can't escape the biggest end users. They will switch. Imagine losing 10 million bbls/day in demand. Or 20. Or 50.

        0 replies 0 retweets 0 likes
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      1. Ralph Cerchione‏ @Dry_Observer 20 Nov 2016
        Replying to @WSJ

        .@WSJ You can stand in the way & be bankrupted by Wall Street's bad bets, or accelerate it & prosper.

        0 replies 0 retweets 0 likes
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      1. Ralph Cerchione‏ @Dry_Observer 20 Nov 2016
        Replying to @WSJ

        .@WSJ And yes, you need them both. Too much of the financial industry is still exposed to fossil fuels. You need options. Badly.

        0 replies 0 retweets 0 likes
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      1. Ralph Cerchione‏ @Dry_Observer 20 Nov 2016
        Replying to @WSJ

        .@WSJ The middle class gets to retain and build upon more of its own wealth; and is free to exploit these resources directly.

        0 replies 0 retweets 0 likes
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      1. Ralph Cerchione‏ @Dry_Observer 20 Nov 2016
        Replying to @WSJ

        .@WSJ Developing countries get a path forward other than commodities (superseded) or cheap labor (automated).

        0 replies 0 retweets 0 likes
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      1. Ralph Cerchione‏ @Dry_Observer 20 Nov 2016
        Replying to @WSJ

        .@WSJ Populations averaging +/-$1/day? Multiplying their wealth 10 or 20-fold is now trivial. And Wall Street’s best bet.

        0 replies 0 retweets 0 likes
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      1. Ralph Cerchione‏ @Dry_Observer 20 Nov 2016
        Replying to @WSJ

        .@WSJ And yes, Wall Street's greatest friend right now? The world's poor, followed closely by its middle class.

        0 replies 0 retweets 0 likes
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      1. Ralph Cerchione‏ @Dry_Observer 20 Nov 2016
        Replying to @WSJ

        .@WSJ A moral imperative generating vast global wealth – perfect for anyone wanting to trade with those emerging economies

        0 replies 0 retweets 0 likes
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