Michael Kane

[Michael Kane @Kenneth90543783]

@jefke00 The 18% price increase for HPC is what matters most. This will dramatically increase margins, ebitda and FCF. Once dumping duties kick in the price increases are going to be more dramatic as acetate inventories deplete. They could easily hit $150-200mm in FCF in 27.

[Michael Kane @Kenneth90543783]

@Ben_oharabyrne Portnoy is just a douche looking for rage bait. Congrats to the USA teams for winning gold. Great hockey teams and great development programs in the US. Making international hockey all the better!

[Michael Kane @Kenneth90543783]

@stoolpresidente What a douche you are Portnoy. The US hockey team won...you had nothing to do with that win. Congrats to team USA and all the USA hockey programs that are producing top talent.

[Michael Kane @Kenneth90543783]

@stoolpresidente Typical to see from Portney. A total punk looking for rage bait. Congrats to the US team!

[Michael Kane @Kenneth90543783]

@stoolpresidente What a punk. Can't just take the win and be proud of what the American team accomplished. Congrats to the US team and all the US hockey programs that are producing world class talent. Making international hockey awesome.

[Michael Kane @Kenneth90543783]

@DeepSailCapital @JoshYoung @kevinmuir Agreed. Oil is going to $40 by spring and will be $20 this summer and for the rest of the decade. Oil is dead dead dead. Never sees $70 again.

[Michael Kane @Kenneth90543783]

@JoshYoung I've been saying this for a long time. There is no incentive to stop production. Shale CEOs get paid a ton of money even when their companies go bankrupt. OPEC+ countries need oil revenues and are pumping without regard to price. Oil is fucked.

[Michael Kane @Kenneth90543783]

@Rory_Johnston I know! It is the obvious that is boring. The fantasy is more appealing to most. The fantasy that oil will recover is far more appealing to folks than the reality.

[Michael Kane @Kenneth90543783]

@TyberiusMaximus @NuggetCapital @JoshYoung $20 is the bottom and it stays there for decades.

[Michael Kane @Kenneth90543783]

@Rory_Johnston OPEC will not pivot. They know the end game is here for oil. Supply will permanently outstrip demand going forward and they will need to extract as much as they can while oil continues to decline.

[Michael Kane @Kenneth90543783]

@Rory_Johnston Yup. Fundamentals have never been worse. That oil is still in the $50s is a miracle. Oil is dead for the next 1000 years. $60 WTI may never be seen again.

[Michael Kane @Kenneth90543783]

@Rory_Johnston Consensus is overly optimistic. Oil is headed to $40 by the spring then onto $20 by next summer. $70 will never be seen again. The last days of seeing $60 are likely upon us as well. Oil is dead for the next 1000 years.

[Michael Kane @Kenneth90543783]

@Rory_Johnston And yet oil struggles to maintain $50. Oil will be $40 by spring and then $20 by the summer as it become clear that the world has more oil than it will ever need. Oil never sees $70 again.

[Michael Kane @Kenneth90543783]

@staunovo Oil will be $40 by spring. $20 oil is going to be the baseline for the next 20 years. Oil never sees $70 again and likely has seen the last days of $60.

[Michael Kane @Kenneth90543783]

@trend_bullish @Rory_Johnston Your progeny will be repeating this 1000 years from today. Oil is done. Never sees $70 again.

[Michael Kane @Kenneth90543783]

@trend_bullish More like the trade for the yrs 2600-2700. Oil is broken and will not recover for many generations to come. $70 is never going to be seen again.

[Michael Kane @Kenneth90543783]

@trend_bullish We've been hearing that since 2013. With the exception of the spike driven by the start of the war in Ukraine the price of oil has remained in the toilet. It will remain there for the next 1000 years. Forget seeing $70 ever again. Oil is dead.

[Michael Kane @Kenneth90543783]

@JavierBlas This is a very realistic scenario. Oil is dead. It would not be surprising that it goes to $20 in 2027 and stays there for the next 100 years.