InvestorsHub Logo
icon url

kownski

10/13/08 12:29 PM

#141488 RE: tryoty #141482

Try, Gandur might get fooled on that one. Most of the rigs are on long term contracts. Rig prices are like gas pump prices, they go up fast but are not so fast the other way.
IMO there will have to be a lot of rigs sitting around to make rates drop.

John