Has anyone noticed the Price of Gas has going up!!!
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,
May 28, 2020, 07:25 PM
ferndaleflyer
Guess $32 a barrel won’t help them and now we can export to their customers
May 29, 2020, 06:20 AM
Rick!
Diesel went up from 1.59 to 1.67 here, how dare they?!...
May 29, 2020, 07:24 AM
Canted Valve
quote:
Guess $32 a barrel won’t help them and now we can export to their customers
They say it takes $50 - $55/bbl. for it to make drilling profitable here in Okla.
Illegitimi non carborundum
May 29, 2020, 06:04 PM
green1
All I can say is that it’s still cheaper than before the **** hit the fan.
