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Re: NeumansMom post# 569

Wednesday, 03/09/2016 9:27:57 AM

Wednesday, March 09, 2016 9:27:57 AM

Post# of 1989
Rig count is going down everywhere except in the ME. No real surprise there, but at least it's not increasing.

In doing some research, oil production in the US is expected to fall 100K barrels in March which is a significant drop.

I expected a pullback in DNR, but not this drastic. I see it's looking to rebound nicely.

Let me know next time when you think a pullback is coming.
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