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Sonde Resources Corp. Message Board

p47ace 1 post  |  Last Activity: Sep 12, 2014 5:13 PM Member since: Jan 27, 2009
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  • Reply to

    OPEC hasn't dissolved

    by nelson20847 Sep 12, 2014 9:55 AM
    p47ace p47ace Sep 12, 2014 5:13 PM Flag

    Europe is looking recession in the eye and this will have continued downward pressue on oil. And with the US drilling and shale programs they are putting a dent in imports. I think we may see oil drop into the high 80's by the end of the year. If PWE drops below $7/share, then I'm back in. JMHO

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