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Re: Doubledown75 post# 12068

Saturday, 04/08/2017 5:15:58 PM

Saturday, April 08, 2017 5:15:58 PM

Post# of 19131
Oil up for 2 reasons. Main 1, Accross.. the US, a shift from winter blends to more expensive Summer Big City metropolis boutique blends. And 2, yes air strike in Syria will eventually have affect if a more prolonged conflict spreads. Lots of Great Reads out there about current Mid East oil wars, and where it's headed if things get out of Hand.
Meantime, based on past seasonal cycles, oil always finds a way to rise just before (Memorial Day) and lasting through the Summer. Like clock work, a refinery in the US either goes down for maintenance or explodes causing a big price spike. CEGX may get a bump upwards from these scenarios, but company Dynamics and charts are what will ultimately dictate where PPS will go. JMO, but CEGX needs a Whopper of a PR to get current as well as a substitive business plan to get exsisting oil wells more productive. In order to be a big play like MM*X, will need a merger, new aquission, LOI, new CEO, COO, CFO or similar is desperately needed here..
http://fuelfix.com/blog/2017/04/07/oil-price-impact-of-u-s-strike-in-syria-depends-on-scope-of-conflict/

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