They just keep piling on..
They have been getting multiple chances to hedge 3.00 and with Oil going up Next earnings should open some eyes..
I think Oil should run into closing...
That's a tough call. I think a fund dumped recently as Oil was going up. That messed my bets up. It should go up to 6.00
If 50 holds this week then it's 60.00 Oil..
Have you seen the Forcast for this summer? It's Unreal. Hot Hot Hot!!!!!!
The system and it's countless loopholes are to blame. More than that Wall street's voting to give muti millions to CEO's who don't show a profit is more to blame. You scratch their back they scratch yours . Personaly I don't blame the guy for taking advantage and making sure his family was covered.I would do the same under the circumstances and I am sure you would have done it too. I say limit ceo's earnings across the board and get rid of the loopholes . I don't know about you but it's sickening to see muti-million dollar pay days for these guys and they don't work any harder than the guy who works on a rig. The guy on the rig gets fired when he mess's up the get a severance check in the multi millions and as it turns out a rather huge retirement check.
But, “Overall, La Niña is favored to develop during the Northern Hemisphere summer 2016, with about a 75% chance of La Nina during the fall and winter 2016-17,” and the forecast models do have a growing consensus on this probability.
I agree..I heard a few things now I needed to make a decision. It was hard until I realized what each asset could bring in price and sucked it up...
Think about selling every asset they have and sell it to the highest bidder. We know recently what the Utica / Marcellus is getting..The Permian I have seen a few sales there too and Mikey likes that too.. How about the Eagleford.. Dunno there hasn't been any recent sales of assets there so we have to go buy what they were selling for at it's peak or when things started to get rough. That's prime too. How much money do we have now?...or do I go on..