Mon, Sep 1, 2014, 10:02 AM EDT - U.S. Markets closed for Labor Day


% | $
Quotes you view appear here for quick access.

Denbury Resources Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • I just came to an answer for this oil run up. The inmates are running the asylum. Looking at some of the comments, primarily from the energy forum in Rome, their conclusion is the world is well supplied and more oil would not affect the price. And the Iranian Pres thinks it's too low. Throw in Russia which is dysfunctional, as well as Mexico, Chavez wants $200 oil to punish the US, and the Saudis that don't think they need to increase output beyond next year. The basic economic laws are not important to these entities, the middle east doesn't know what to do with their surpluses now, and the majors only control 10% of the business. And the majors can't say anything because these entities are their only hopes for growth. Maybe an India Pale Ale will improve my outlook, maybe two. Cheers.

17.22+0.19(+1.12%)Aug 29 4:00 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Criteo SA
NasdaqGSFri, Aug 29, 2014 4:00 PM EDT
Avago Technologies Limited
NasdaqGSFri, Aug 29, 2014 4:00 PM EDT