GulfSlope Energy Inc (GSPE)

[smith199]

I am not that concerned about the price as long as it remains above $65 per barrel. However, I prefer that the price not exceed $85.

There exists a Catch 22 in oil pricing. The price must be high enough to provide the profit necessary to risk the investment. But it must not become so high that it affects demand for the product, because lower demand restricts the producers ability to sell the production at that price. Therefore, there will always be a balance between price and demand. The turmoil during the interim is what we are experiencing at this time.

I am in a good mood this morning, so I put on my most pricey scent. High Octane.





Mrs. Smith