Not going anywhere. Interesting how oil/ng is up then its down, then its up then its down....
Bottom line, summer coming soon, driving season and high temperatures not to mention hurricane season. Prime time for oil and ng to move up...
I am seeing estimates for oil 95 to 200. Amazing though the floor is 95. At 95 oil is making nice money. One event in the middle east and we could be at 150 in no time.... The 200 is a bit out there imho but you never know..
I grabbed some awhile back,waiting till it pops to get more,should be interesting in the upcoming months,but one never knows,i think its cheap now and that is why i grabbed a small position here,haven't did alot of dd on this,but like the share structure,will wait and see what happens.
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