Emerge Energy Services (fka EMESQ)

[Snackman]

As oil prices go up, so will EMES. Check out below
U.S. Shale Producers Will Not Hold Down Oil Prices
Investors may fear oil prices will be bludgeoned near term if a global glut persists, but concerns over U.S. producers ability to hinder oil's recovery are unfounded, industry followers say.

Tom Terrarosa
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Jul 14, 2016 1:28 PM EDT

Following a week full of potentially disheartening U.S. oil statistics, crude futures were well into the green Thursday afternoon as the dollar eased significantly by midday.

After crashing more than 4% Wednesday, West Texas Intermediate crude contracts for August delivery were up 1.8% to $45.57 by 1 p.m. EDT Thursday, while global benchmark Brent crude futures for September were up 2% to $47.20.


And the markets were gaining with crude Thursday as the Dow Jones Industrial Average was up 0.68% at 1 EDT, the S&P 500 climbed 0.45% and the Nasdaq rose 0.51%.