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Ginger

What are your thoughts about storing oil in tankers offshore?

Several millions of gallons waiting for the price to go up.
Mindy-QnA-MVP:

It does prevent them from unloading their oil and then going to get more....

It depends on why....for instance it would be good if the port you are to go to is in the middle of a hurricane....

Otherwise it is to make sure that everyone's pockets but ours are lined with just the right amount of green.

Ginger:

Thank you for your answer, Mindy. They are waiting for more green. The tanker hold up to 2 million barrels. That's $1 million for every 50 cents increase in price.

JemaH:

It is simply the way it is..... there are a lot of opportunists out there

Ginger:

Good morning, Randy. Thank you for your response. Aren't we all opportunists in our own ways?

JemaH:

Good morning ginger :) we are aren't we?....but that is why its easy for me to accept issues like that :)
But the thing that irks me is, some opportunists go too far. I am happy just being comfortable in my own setting. It's those greedy ones that will stop at nothing to earn millions.......like the oil companies....

Ginger:

Yes, that is the way it is. To heck with the other guy, I want mine.

JemaH:

me me me me me me !!!!

Alabama:

It happens every time there is a "shortage".

Ginger:

Thank you, Wonderer, but we do not have a shortage. We currently have an oversupply.

Alabama:

The over supply is temporary. I was speaking of the overall situation since the 70's.

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