The oil rig count has fallen by 209 since Dec. 5, the steepest six-week decline
Boy this may be worse than they think. At the beginning of this week the cut was 3%, then I heard 5%, yesterday I heard it was 7% and here is say nearly 8%. This is a 5% jump for just this week. I think this is going to be a lot worse than what they are thinking.
LOL a $3.50 stock vs a $7.50 stock as equals. I tell you what I will give you $3.50 for $7.50 all day long. An equal swap.
NSS Labs is releasing new Technology Briefs this week on leading Intrusion Prevention System (IPS) products.
Congress needs to drop Keystone and forget about it. The president has slapped the Canadian people in the face already. The Canadians should finish the two pipelines to the west coast and run the oil and nat. gas through the two terminals they have there. Sell the oil and the LNG to Asia. Finish the pipeline to the east coast and run the oil through the oil refinery that Canada has there and sell the gas and diesel to Europe. The US should not get any of the oil, gas or jobs. Lets put the people of Canada to work.