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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…

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OVERVIEW

  • Saudi Arabia has told OPEC it cut its oil production but it’s unclear by how much.
  • This could be the oil market’s moment of truth, and nobody cares.
  • There are 3 explanations as to why there isn’t more enthusiasm about the OPEC report about Saudi Arabia:
  1. The optimism is priced in.
  2. Skepticism over the reported numbers.
  3. Tension between OPEC and U.S. Shale production.
  4. There are only 3 reasons.
  • Morgan Stanley says tanker rate strength points to oil inventory draws… or is it “Tanqueray” strength? This would make more sense if the team at Morgan Stanley was pounding gin and their judgment was fuzzy. (BTW, anyone else agree that judgment should be spelled “judgement”??)
  • Unhappy with where U.S. oil inventory stands? Blame Canada.
  • It’s 2017 and we still can’t figure out how to have interviewees hear questions in real time. #DeadAirSpace

Some highlights… (click here to play video)

:20 – Tracy Alloway’s outfit feels quite festive to me.

:32 – First of a few “dead air” moments.

1:00 – Obligatory run of misleading graphs.

1:41 – “Dead air” moment #2.

1:46 – “Tanker Rate” or “Tanqueray”???… The debate may rage on for years.

2:32 – JP Morgan says short-term figures aren’t a good indicator and are looking at long-term trends, but the market likes short term data. #Huh?

About The Author Doug Krintzman

Doug Krintzman is a Key Art and Golden Trailer Award winning copywriter in the motion picture advertising industry. He’s helped re-launch Fuel TV and their new UFC content brand as writer/producer for the networks on air promo department. In addition to selling a comedy pitch to Columbia Pictures, he’s titled the films "Charlie’s Angels: Full Throttle", and “Pirates of The Caribbean: The Curse of The Black Pearl”. Born and raised in Massachusetts, Doug is an avid Boston sports fan, movie connoisseur, blues buff, and political junkie. Known for his quick wit, sharp comic sense and timing, Doug Krintzman offers a fresh take and brings unique and original thought to any and all topics.