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Goodrich Petroleum Corp. Message Board

  • halap5 halap5 Jun 12, 2014 5:08 PM Flag

    Syria, Iraq, Libya situations are not good, oil may go up $150

     

    No Oil flow from Iraq to Turkey…. Good luck to everybody…

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    • if oil goes to $ 150, then look for a huge recession in the USA. don

      • 1 Reply to dkwilk
      • It could happen! Buy OIL stocks NOW! This is it. Look at Russia and Ukraine, Russia will have a lot more sanctions, with every part of Ukraine they take over. Iran has sanctions, still making nuclear bombs. Venezuela unrest, since HUGO is gone. Nigeria can't protect their people, or OIL workers.
        Libya is in CHAOS. Sudan and South Sudan are back at it, China is going to send in Combat troops to help UN. Vietnam is mad at China about the OIL rig off their coast. Japan nuclear power, converting to OIL or Natural Gas. Mexico running out of OIL. Egypt could boil over again soon.
        And then to top things off, Obama and his EPA are OUTLAWING COAL. If Russia cutoff EU N.Gas
        then they will have to convert to OIL. And OIL companies want to export USA OIL, but I think we use 19 million per day, and our NEW OIL, is only 3.6 million bbls per day. So why change the law, because some people pay more then the USA does. Comes around goes around.
        Disclaimer: I own EOX HK CVX GDP SDR MILL EXXI ERF STO....if you hear about any other good
        one's let me know. GLTA.

        Sentiment: Strong Buy

 
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