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Yes, and the Digerati depend on fuel

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littlejohn Member Profile
 
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littlejohn   Sunday, 05/17/20 01:01:31 AM
Re: doumdirty post# 95
Post # of 108 
Yes, and the Digerati depend on fuel

to power their wealth accumulation...


The current asset valuation of

oil reserves of many companies

to share prices is at very

low levels...


You have to remember that

the fair value for oil price

comes when demand and supply

are near equal...


Until May, there was huge

demand to supply imbalance

that temporarily distorted

the oil prices down for a

few months...


Hope to find a way to

add more in the sector...LJ






Gee Beav, rithmatic isn't usually this hard to read!
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