InvestorsHub Logo

oilfieldmafia

03/08/16 7:48 AM

#7608 RE: ALL-IN888 #7606

I have been in the oilfield for a long time, i wasn't born yesterday either. Of course there is an oil rally in progress. Problem is that it will take 3 months of consistent 40.00 oil before the US oil companies/shale companies see any affect from it. Will do nothing anytime soon to relieve the squeeze that has been put on the US market.

Pharaoh-1

03/08/16 7:50 AM

#7609 RE: ALL-IN888 #7606

Crude Oil just went green yet again, another big day IMO. The volume yesterday suggest to me that big boys are in and will drive it upwards!!