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Re: Aitkenresearch post# 888

Sunday, 08/04/2019 8:53:32 AM

Sunday, August 04, 2019 8:53:32 AM

Post# of 1494
Much of TPL's value will continue to be based on the prices of oil & gas.
Supply & Demand is what determines the price of those commodities. One
energy analyst opined last week that oil would go up to $90 a barrel.
His reasoning cited the new laws that require sea going vessels to
burn high grade oil, and claimed that will result in a million BOD
in increased demand. This is something I was aware of a long time ago.
I doubt anything short of an all out war in the Gulf will move oil
prices above $70 for any extended period of time.
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