National Energy Services Inc. (fka NESV)

[xZx]

i'll go out on a limb and say WTI crude hits $100/barrel by EOY 2016.

russia, the US and many other oil producers want it there, and yet with the once-in-a-lifetime china bubble burst, global demand will remain weak.

however, keep in mind how many producers want to take out ISIS, who makes roughly $500M a year in oil sales, especially after their land-grab in syria.

http://fortune.com/2015/11/17/isis-paris-oil/

quite a lot of saudi money is funding ISIS, which is a bit awkward, considering they are a US ally.

https://www.google.com/search?q=saudi+arabia+funding+isis&ie=utf-8&oe=utf-8

so... how does this play out? my guess is ISIS will turn on the saudis soon, and take war to their doorstep. part of this is religious, the rest is pure economics. the US may not come quickly to the kingdom's aid, nor will russia.

instead, once ISIS controls all that oil in the gulf, the russia/US bombing campaigns in the region will escalate, they'll destroy ISIS cashflow in the process, and with all that supply suddenly offline, oil will hit prices that make the remaining producers wealthy.

imagine the impact of this scenario on domestic US drilling.