Article

2016-02-03 Economy

BP looks ahead to $60 oil after $5.2bn annual loss

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Posted by Besoeker 2016-02-03 02:11|| || Front Page|| [11126 views ] Top

#1 Delusional. But I guess you have to say something at the next shareholders meeting.

Posted by Nguard 2016-02-03 03:51|| 2016-02-03 03:51|| Front Page Top

#2 I read once that most UK pensions are heavy owners of BP. Won't be a good year for the bottom line.

Posted by BrerRabbit 2016-02-03 04:44|| 2016-02-03 04:44|| Front Page Top

#3 Of course they'll suspend bonuses this year and next. Right? /rhet question

Posted by Procopius2k 2016-02-03 08:04|| 2016-02-03 08:04|| Front Page Top

#4 We'll be all right as long as Jon Corzine stays out of prison.

Posted by Anguper Hupomosing9418 2016-02-03 08:29|| 2016-02-03 08:29|| Front Page Top

#5 Two big changes will prevent this from happening -

- No one can seriously argue constrained supply again in our lifetimes

- China's economy is slowing, and may even go into a shallow recession.

Posted by Iblis 2016-02-03 11:33|| 2016-02-03 11:33|| Front Page Top

#6 They haven't suspended performance bonuses. Our rig brought a well in way before scheduled, meaning they saved alot of money. No reason not to share some of that money with the people who made it happen.

Posted by Silentbrick 2016-02-03 11:44|| 2016-02-03 11:44|| Front Page Top

#7 At the current rate of real inflation, this should only take about eighteen months.
The value of the oil doesn't go up, the value of the dollar goes down.

Posted by ed in texas 2016-02-03 20:22|| 2016-02-03 20:22|| Front Page Top

#8 Yep, they're 'creating' money faster than the drillers can find crude.

Posted by Procopius2k 2016-02-03 20:57|| 2016-02-03 20:57|| Front Page Top

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