Pengrowth Energy Trust (PGH): https://ca.finance.yahoo.com/news/oil-pr...

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Wednesday, 01/07/2015 8:46:57 AM

Wednesday, January 07, 2015 8:46:57 AM

https://ca.finance.yahoo.com/news/oil-prices-remain-weak-supply-015736226.html

crude oil prices fell below $50 a barrel for the first time since May 2009 on Wednesday as global business growth slowed to its weakest in a year, and analysts said a growing supply glut meant more falls were likely.

"I would not be surprised if the price falls to as low as around $20... It is purely due to supply and demand. There is a ceiling for oil because high energy prices dampen economic growth,"

Ouch...

PGH target buyin $1/share???

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