InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,464.62
(
-0.16%
)
US TECH 100
19,207.20
(
0.00%
)
Dow Jones
39,150.33
(
0.04%
)
Brent Oil
84.49
(
0.55%
)
Bitcoin
62,493.35
(
-1.05%
)
Post# of 259
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Trueheart

Send PM Follow Ignore
Followers 88
Posts 20609
Boards Moderated 0
Alias Born 06/16/2006

Trueheart

Member Level

Re: hicrush post# 11

Tuesday, 12/16/2014 8:56:07 PM

Tuesday, December 16, 2014 8:56:07 PM

Post# of 259
Hey, Hicrush.

I think the continued slide in the price of crude is not going to be as dramatic as it has been. Some of the blame (besides the glut of shale oil) has fallen on the so-called slowing economies of the world.

My thinking is if that's so they have a bottom in total usage as people still have to get to work and heat homes and power needs to be generated. So, I think there's a floor that's not far away.

How 'bout you?

Trueheart
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up