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Linn Energy, LLC Message Board

  • feets_dont_failme_now feets_dont_failme_now Dec 14, 2012 10:18 PM Flag

    Hi Liza

    LINE, PER and QRE.
    All great buying opportunities here IMO, due to perceived fiscal cliff.

    Seems to me like PER is taking a hit on the mother companies woes in addition to fiscal cliff.
    SDR really going to drill those wells?

    LINE seems like a no-brainer, back up the truck.

    QRE? I Dunno, haven't studied enough, but seems favorable.

    School me.

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    • There is a lot of discussion on financial television about lowered U.S. demand for oil and gas in the face of increasing U.S. supply, particularly in a U.S. recession scenario. B of A analyst was on Fast around 12:30 today predicting a glut of crude will result in WTI as low as $50 in the next 12-18 months, unless Obama gives the okay to export oil and gas. (My guess is producers would reduce supply under $75.) People also are worried about the EPA getting pretty ugly in 2013. Canadian producers will benefit from ongoing demand from China and India--but will U.S.?

3.41+0.03(+0.89%)Oct 8 4:00 PMEDT