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  • Kilrain's Avatar
    11-18-2019, 06:19 PM
    Who said they're planning on selling the whole thing? I doubt they could even if they wanted to. But selling off X % of a declining business is better than keeping the whole thing. And I don't think they it would be smart to sell it "more quickly", it would drive down the value per share if they dumped too much of it in one go. Again, I could be completely wrong, but if the Saudis saw this as a future cash cow, they wouldn't need to sell any of it to diversify their holdings, they could simply use some of its proceeds to buy other assets.
    14 replies | 659 view(s)
  • Kilrain's Avatar
    11-18-2019, 03:29 PM
    I know. It makes sense to sell it off in small chunks, to avoid flooding the market and getting a lower price per share. That has nothing to do with my "feeling" about this whole business.
    14 replies | 659 view(s)
  • Kilrain's Avatar
    11-18-2019, 06:50 AM
    I wouldn't. If the future was bright for Aramco, they wouldn't sell any of it. I could be totally wrong, but to me this smells like trying to unload a declining company.
    14 replies | 659 view(s)
  • Kilrain's Avatar
    11-16-2019, 06:44 AM
    I don't shop online, at least not physical items. A ticket to whatever now and then, online streaming services, gambling transactions, those things I do online, but not physical items. With the rare exception, I bought a bunch of headphones online maybe five years ago, but that's the most recent purchase I remember. All my physical needs can be found at local stores. Never ever shopped from Amazon, nor from Ebay.
    19 replies | 380 view(s)
  • Kilrain's Avatar
    11-13-2019, 04:06 AM
    Wouldn't it be just as easy to shut down the gas supply to whole areas, as shutting down the gas supply to power stations? There are always distribution hubs that can be turned off. More choice is good, but redundancy is also expensive, and in the case of gas, dangerous. When it comes to avoiding dependence and such, I would prefer individuals buying their own systems, even gas ones, with containers stored on-site. And not living in a city, of course.
    11 replies | 306 view(s)
  • Kilrain's Avatar
    11-13-2019, 02:42 AM
    To be fair, putting down new gas lines sounds like a really bad idea these days, especially in earthquake zones. You have to have an electrical grid anyway, so increasing its capacity to cover things like heating and cooking has to be a lot cheaper than putting down an electrical grid AND a gas line. And electrical grids usually don't go boom. If you want energy from gas, run a pipeline to a power station and feed electricity to end users.
    11 replies | 306 view(s)
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