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smith199

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smith199

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Friday, 07/03/2020 12:44:50 AM

Friday, July 03, 2020 12:44:50 AM

Post# of 7975
After reading Gulfslope’s financials, I believe the price of crude oil is even more relevant to a successful Drilling Campaign.

On that note, Crude Oil Pricing is holding in the $40’s per barrel, even with this weeks increase in US crude oil inventories.

Louisiana Light $41.18/bbl as of 7/1/2020 Wholesale Spot Price

The 2 Global Benchmarks:
WTI $40.24/bbl and Brent $42.72/bbl as of 10 minutes ago

I read some economists anticipating more people driving instead of flying, so just more consumption of Gasoline in place of Jet Fuel.


Smith
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