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Re: big oil post# 138

Friday, 12/31/2010 12:02:18 AM

Friday, December 31, 2010 12:02:18 AM

Post# of 622
Yes 2011 and beyond. Prices maxed out back in 2008 near $100 and it is not unreasonable to expect to see those levels again in 2011. The break over $100 for COP really depends on oil prices and their efforts to improve their reserves and quarterly production.

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 resume is real time on Twitter @TurnKeyOil.

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