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Important OCS Update


Jim Johnson

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1 minute ago, 00Bull said:

Odd that they would be draining the strategic oil reserves with all of that supply. I’m sure it’ll also be fine when the govt needs to become an oil buyer to refill it. Let’s check back on these predictions in a few months.

Hopefully we don’t get pulled into more wars as that won’t be good especially with the oil reserves being drained..

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4 minutes ago, Jim Johnson said:

Just about one more hour until the meeting ends…

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4 minutes ago, 00Bull said:

Odd that they would be draining the strategic oil reserves with all of that supply. I’m sure it’ll also be fine when the govt needs to become an oil buyer to refill it. Let’s check back on these predictions in a few months.

We are now far from the thread topic, but I will add one more fact.  The last sale was conducted in February of this year, and later this year and into 2024 the reserves are beginning to be replenished.

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Just now, Bull Matrix said:

Just about one more hour until the meeting ends…

Over It Reaction GIF by filmeditor

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Very comprehensive summary by the BOG official.  Praised USF.  Will speaking now.

Edited by Cat941
ETA
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Just now, Cat941 said:

Very comprehensive summary by the BOG official.  Praised USF.  

Kevin Pichard -- Director, Finance and Facilities

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Mr. Prichard and Weatherford absolutely selling this project. Weatherford also made sure to note we can refinance the loan when interest rates improve

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Just now, GoBulls84 said:

Mr. Prichard and Weatherford absolutely selling this project. Weatherford also made sure to note we can refinance the loan when interest rates improve

I have a feeling that WW is going to get this done with or without the vote 

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Nice speech by WW.  He is a huge asset to USF.

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