I always said that sometimes it may be a smart play to wait and pull oil out of the ground when Oil is on the upswing...after all, if they can pump out more oil at a higher price...makes more sense :) more revenues...more earnings. part of running an Oil company is how to manage the wells...the Saudia's never learned, thats why they have used up wells way before they needed to be..and thus, left Billions in the ground....
Yea smarter business than the Saudi's are capable of! Is everybody loading up at .85 today? Wheres all the buyers? I cant understand why any long or new investors would pass up this opportunity!
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