sjsrhs, you must be looking at the wrong BB..........PER has 80% of it's oil production hedged through 2015......and they are not reporting losses unless all the wells have shut down...........what have you been smoking?
Uh, that would be barrel,not barrel..Genius.. B.O. will not approve the keystone, your car does not run on cnbc hot air or flatulence from al gore.lol..This was a buying opportunity today for those who are long in oil. Bought more per and, added some sdr to the old ladies IRA acct. the smell of profits down the road..
You don't understand. Fracking is expensive. The drillers will always profit. They are in charge. I'm with Boone Pickens. Oil next year will be about the same as this year. Between $90 and $100. Bring PER down dude. Thanks to CNBC I'll get a nice add today. CNBC can only report in hindsight. They're for suckers only!