Monday, January 19, 2015 12:15:02 PM
catdaddyrt Member Level Monday, 01/19/15 12:09:27 PM
Re: pete807 post# 1332
Post # of 1333
You are right, zero stability in oil prices and I bought unleaded gas at 1.65 this weekend - that's crazy good lol
Rigs are stacking, not just in the shale zones but here in West Texas also - most of the oil companies that I have friends connected with have given me reports of cut backs but no one is pulling the plug yet - a few are running business as usual and plan to do it all year - from what I can gather we have seen about a 10% reduction in drilling out here but I expect another 10% cut in the next 90 days - then maybe things will be bottomed and stabilize. Into the 2nd half of summer I think we see the momo start back up and by the end of 2015 back to wide open. We have oil & we are going to produce it - OPEC will just have to get over it. I have bought some bloody oil stocks for the long term and one of them also has a trust stock I bought along with it that pays a dividend off of royalty interests - so good luck everyone in 2015 however you play the market.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=110041858
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM