Replies to post #888 on Texas Pacific Land Corporation (TPL)

[couldbebetter]

Much of TPL's value will continue to be based on the prices of oil & gas.
Supply & Demand is what determines the price of those commodities. One
energy analyst opined last week that oil would go up to $90 a barrel.
His reasoning cited the new laws that require sea going vessels to
burn high grade oil, and claimed that will result in a million BOD
in increased demand. This is something I was aware of a long time ago.
I doubt anything short of an all out war in the Gulf will move oil
prices above $70 for any extended period of time.