COWP one helluva rider. Opened at $0.10, moved to $0.24 then took a beating to $0.06 (probably profit taking on that huge move this morning) and now comfortably rolling back upwards and is at $0.11. Betting on a move to back over $0.20 here.
I agree...There's still lots of oil, but there will come a point when production will max out and start dropping will demand keep rising. That's why we're in Iraq.....Oil wars....They try everything to stop it from happening. Just like how they are suppressing the price of gold.