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Re: MyBad post# 135

Monday, 04/23/2012 8:45:53 AM

Monday, April 23, 2012 8:45:53 AM

Post# of 447
The Dow Jones is down 133 points this morning, going to really stink today, market-wise. Getting old, this April thing. One thing I remember seeing long ago as in pre-Clinton, they always say do not buy into the market during an election year. Hope April is not an indication of the rest of the year. (Remember 2008 was last election year and what that did)
MyBad, I don't think Superior can afford to rent the rigs. I think they are presently victims of the newest EPA regs on existing wells neeing re-inforcement, then the EPA is also about to require all new wells must have the methane gas capture caps put in, the response from Joe Kenan did not give me any real warm feelings. He's at least honest, not over-hype. Small time operators like Superior and Cavr will be hard pressed to get funding.

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