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  • andevenabs andevenabs Oct 2, 2005 9:09 PM Flag

    And the winner is.......

    OK, I was off quite a bit, so I'll take another stab in an attempt at redemption.

    My prediction is based on:
    * a weak USD
    * continued fallout with Katrina/Rita
    * a seasonable November/December
    * geopolitical shocks, take your pick e.g Iran, Indonesia, Venezuala
    * a continued cheap valuation vis a vis peers (except Total)
    * perceived safety
    * subsitutive effect of more crude demand from high NG prices

    $30 USD

16.57-0.30(-1.78%)May 4 4:02 PMEDT