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S&P 500
5,464.62
(
-0.16%
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US TECH 100
19,220.00
(
-0.20%
)
Dow Jones
39,150.33
(
0.04%
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Brent Oil
84.26
(
-0.16%
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Bitcoin
63,664.92
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-0.90%
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oilfieldmafia

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oilfieldmafia

Re: ALL-IN888 post# 7606

Tuesday, 03/08/2016 7:48:35 AM

Tuesday, March 08, 2016 7:48:35 AM

Post# of 13692
I have been in the oilfield for a long time, i wasn't born yesterday either. Of course there is an oil rally in progress. Problem is that it will take 3 months of consistent 40.00 oil before the US oil companies/shale companies see any affect from it. Will do nothing anytime soon to relieve the squeeze that has been put on the US market.
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