Malcolm Graham-Wood
Independent Analyst
The week ended down a little as those who believe that quotas will be busted shouted more loudly than the believers, empty vessels and all that. The rig count actually fell, by 6 overall to 659 and in oil by 7 to 522 but the above were shouting too loudly about 9 or even 10m b/d from the USA in the future.
So now to my familiar rant, Dav-oh and all its pretentious and back slapping clap trap. I will be monitoring companies who waste shareholders money (tickets etc average €29,000 each person) and will try and find the wonderful graph that shows how badly companies perform after their Primadonna executives schmooze with other C suite grand fromages. 17th -20th if you have the 30 grand to spare and of course can find some lodgings.... The President of China is there tomorrow and Joe Biden and John Kerry have still got the White House Amex card with them at least until Friday morning when the swamp starts draining....
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