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OilStockReport

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OilStockReport

Re: None

Wednesday, 11/24/2010 1:40:17 PM

Wednesday, November 24, 2010 1:40:17 PM

Post# of 133
EOG recently shifted its focus onto crude oil away from natural gas. Despite its movement to concentrate more upon crude oil in the short term, it can move back to natural gas at a moment's notice as soon as market conditions improve, and it recently raised another $1.5 billion through a flawless debt offering to continue expansion.

2011 looks like it will be the turning point. Already, natural gas is trading well over $4/mMbtu, on its way, I believe, to $7 sometime in the next year. If you could only invest in one sector in energy for 2011, I believe natural gas shows the greatest potential for profit.

This is not an offer to buy or sell securities or any kind of investment advice. Oil investment carries very high risks so consult a licensed professional making any decisions. My track record is real time @TurnKeyOil

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