Mick, it would be nice if ALRY filed like TVOG to have more visibility regularly into operations...
With a slowdown, I like the small oils in that area due to the drilling and production cost side...Folks are going to still drive that have to and some type price support will eventually show in oil prices...And the country still needs as much domestic production that can be achieved...
At some point the light bulb will go off and natural gas will be pursued more to lower oil dependence also...Windmills and solar are good for throwing out some money for short term jobs but some real long term dependable alternatives will still have to be paid for and put into everyday practical use...Let a big hurricane or tropical storm remnants or winter blizzard tear thru some windmill and solar projects after they are completed...That light bulb will pop on...
You know we saw this oil price rodeo ride bounce from around this level to around 145/bbl during 2008 with folks losing homes one after the other...
Its my own view that oil is the hedge to replace the old school gold followers...LJ