Koil Energy Solutions Inc. (KLNG)

[RichieRich49]

locust, first of all more drilling will of course help the supply demand equation. How can it not. The only other alternative is to get people to drive less or drive smaller cars and we know how that is working out. The oil companies should be able to drill just about anywhere, but NO, the whiners in California and Florida who complain about the high prices can't allow drilling in their backyard even though here in Texas we have drilling rigs and refineries everywhere and we are no worse for wear than before. Governor Perry said that Texas could even accomadate more drilling (of course much of the state's revenue is from oil).

Deep Down's share price does not move in lock step with the oil sector. The price of oil does not seem to affect it at all. Which I believe is a good thing, let the share price climb on the companies own results, not those of oil or the economy in general.