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S&P 500
5,447.87
(
-0.31%
)
US TECH 100
18,978.00
(
-1.19%
)
Dow Jones
39,411.21
(
0.67%
)
Brent Oil
85.18
(
-0.11%
)
Bitcoin
60,456.66
(
0.32%
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oilfieldmafia

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oilfieldmafia

Re: Spuds McKenz66 post# 10518

Thursday, 04/28/2016 7:36:39 AM

Thursday, April 28, 2016 7:36:39 AM

Post# of 13692
We do not want a huge surge in oil prices. This needs to be a slow steady climb over months and months. If it does jump up to 55 in the next month then things will get way worse a month or 2 afterwards.....trust me.

The last thing you want is for all these money starved American Shale companies to all jump back in the mix all at once, and begin over flooding the oil market again. If that happens it will be bad for everyone including SDOC in the long run.
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