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MktMvn

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MktMvn

Re: spec machine post# 3898

Tuesday, 08/04/2020 3:04:45 PM

Tuesday, August 04, 2020 3:04:45 PM

Post# of 7974
Thanks, spec. Appreciate your input. Hope you are right that they have something else going. I have lost touch with my contacts and have no idea what is going on.

Was interested to see in an article on BP’s abysmal results that they have now publicly reduced their oil price forecast going forward and have written down some of their producing/exploration projects which they no longer view as economically viable. If more companies do that, it will dampen everyone’s outlook. It’s going to be tough to get projects done for a while.
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