We gave Doug, who’s not in the O&G business, a video to watch and interpret in his own words. Here’s what he came up with…
- The goal of the OPEC deal made on December 10th was to achieve stability in the oil market.
- OPEC Secretary General Mohammad Barkindo is addicted to the word “stability”.
- Barkindo is not addicted to enthusiasm.
- If I were Secretary General of OPEC and making a salary of around 2 million a week (#Guess), I think I’d be able to mix in a big smile once in a while. #LightenUpMo-Bark!
- The OPEC/NON-OPEC deal that brought 24 countries together is historic…but not as historic as the phrase “declaration of cooperation.”
- It’s too early to call this historic deal historic.
- The buffet spread at the Atlantic Council Global Energy Summit looks like it does not rival the buffet at The Bellagio in Vegas. It may not rival the continental breakfast at Jimmy’s Motel on Rt. 6 either.
Some highlights… (click here to play video)
:19 – The sunglasses on the head look still doesn’t work, guy grazing in the back.
:50 – What did they discuss at this summit? “We compare notes…We look at a roadmap going forward” – Translation: “None of your F-ing business.”
1:19 – 2:04 – Really interesting stuff about…very forgettable content.
2:05 – The Declaration of Cooperation. Too good not to draw attention to again.
2:07 – 3:35 – Stability, stability, stability, and it’s too early to see if there will be stability.