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ARMOUR Residential REIT, Inc. Message Board

cecil3745 1 post  |  Last Activity: Dec 27, 2014 10:45 AM Member since: Dec 9, 1999
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    Time to get Oil stocks ?

    by tacojoe83 Dec 23, 2014 9:36 PM
    cecil3745 cecil3745 Dec 27, 2014 10:45 AM Flag

    Just my opinion but the world is awash in oil.The Eagle Ford shale in south Tx.has yet to come on line..
    This area contains billions bbls.of petrolium. Tx. is now exporting oil. West Tx.sweet crude producers expanding with the latest tech. Go to work at McDonalds out there for twenty bucks an hour.
    The Bakken Shale is also a big producer. Rumored to bring only $59.00 bbl. months ago.
    Am not bullish on price rise at this time,but just my opinion. Gasoline @ 1.89 per gallon and falling.
    cecil

    Sentiment: Hold

ARR
3.39-0.04(-1.17%)Jan 23 4:04 PMEST

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