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Re: CaptWhizbang post# 20786

Thursday, 10/23/2014 3:37:25 PM

Thursday, October 23, 2014 3:37:25 PM

Post# of 29204
"New From Ask Management". Good to know. I'm somewhat surprised we haven't seen announcements of sales for the Bakken. CPST has established a track record elsewhere, and the flare gas issue "should" be a priority for producers, so time for the distributor to get on a stick and make some sales. Major new domestic sales would go a long way toward mitigating the weakness in Europe and Russia. Another factor concerning the situation in Russia and Europe is the strengthening USD vs other currencies. As weak as ours seems to be to me, the others are worse! The Ruble has taken a big hit and the Euro down also. Exchange rate issues to look for in current and future reports as long as this situation continues.

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