Replies to post #7350 on GulfSlope Energy Inc (GSPE)

[spec machine]

WTI continues to inch higher, currently $83

Could WTI average more than $80/bbl for the remainder of 2023? Perhaps.

I think your instincts are good, given the mashup of mixed metrics we have to work with

Demand destruction is certainly a lot easier (with the Fed having the big hammer) than bringing production up for the supply side to keep pace with growth…

Powell’s pain isn’t just USA but we do carry a lot of influence in global monetary affairs

Today’s CPI numbers seem to indicate that we are going to get another 25 BP hike

More medicine before the first bitter pills have taken full effect

Playing with fire

Fingers crossed that we don’t burn the house down

And yes, I do agree that GSPE is working on a very smart next step by targeting producing properties

THEN drill Tau2

spec