I sold my last 2 oil stocks cause I thought the dividends would be un-sustainable. I was right. I did keep a tanker company and I will probably get back into PBT shortly.
Originally posted by ferndaleflyer: "The shale industry is done"? I just got papers to sign for another well--thats 3 in the last month. You visit South West PA, Ohio, and Western WV and you will see production is wide open. I don't know or care what they do with it but if it "done" why are they still drilling wells?
The Saudi's need $80 a barrel to fund their welfare state. We made a deal with the devil in 1945. It's better to know the devil you have known, than the devil you don't.This message has been edited. Last edited by: Mike Rietow,
