Replies to post #28607 on Pilgrim Petroleum Corp. (PGPM)

[Wishful Thinking]

U.S. Oil Production To Increase In 2017:

The Trump administration is expected to roll back regulations that would have hampered new output in the years ahead, and have already given "explicit backing to two controversial pipeline projects – Keystone XL and Dakota Access.

In fact, the U.S. oil and gas industry is expected to boost spending this year by about 35%, and rig counts continue to climb.

https://www.forbes.com/sites/judeclemente/2017/02/27/u-s-oil-production-to-increase-in-2017/#54aa157e278e