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Cabot Oil & Gas Corporation Message Board

  • amdenver amdenver May 13, 2012 3:19 PM Flag

    Oil train about to leave the station...

    The oil stock at Cushing Okla has been at its peak not because of any reduced global demand for oil, but because the Cushing oil had little where to go.
    Things will change, and forever, starting May 17th when the pipeline becomes operational flowing Southwards to the Gulf ports.
    So now looks to be a good time to be holding stocks like WLL, COG and TPLM.
    WLL has been oversold since 5/4 while COG is a couple of notches below overbought but odds are looking good that the start of this outlet of Cushing oil will push it to a double high. TPLM just came out of oversold..

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