Koil Energy Solutions Inc. (KLNG)

[mystic krewe]

your point about running out the budget may be true, but it's more valid in government, where leftover budget money puts you in the crosshairs for a budget cut the following year. however, the same principal may hold true interdepartmentally in big firms, where individual departments don't want to show leftover cash for fear of being cut the following year. i think what drives most private sector end of year spending is the desire to not pay taxes, and instead spend that money on business expenses that can be written off on taxes. jmho. which ever reason you choose, it is safe to say that the oil industry does not slow down for the holidays.