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StockGrabber

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StockGrabber

Re: Harley_08 post# 12909

Thursday, 09/11/2008 10:10:56 AM

Thursday, September 11, 2008 10:10:56 AM

Post# of 16569

The news may be IKE. HTOG's shipping facilities are down in Brownsville so Ike will have no ill effects on HTOG's shipping facilities.

On the other hand, the other guys have a ton of off shore wells right in the path of Ike so the price of oil is likely to spike after Ike goes through and this should benifit HTOG.

The fact that OPEC voted to cut production to keep the price of oil up yesterday is probably having a positive effect as well.
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