Thread regarding National Oilwell Varco Inc. layoffs

The energy markets have big problems; they are controlled by big secret forces: OPEC, Iran, Russia, the EPA, oligopolies and a host of robotic extraction processes, normally termed fracking. Minnows are advised to stay out of this tank of sharks. But sharks can not change the ocean, people will burn carbon until, or if, the seas rise up and drown them. Mankind can not survive without carbon and they thrive only when it is cheap. The big unknown is time; in the long run we are all hydrocarbons. In the short run, we can predict $20/b, short a trade and clean up on a leveraged deal. It happens.