" by 2018 will be carrying 1.1 million barrels a day to New Brunswick. and a deep water export terminal.
Thats the future. Todays reality ,Draw down of U S reserves ,intensely cold winter,chaotic mid east(whats new)
rising tanker rates. At this price,just put some away and forget about it.
disagree, Karen is a good long term investor.She is good on fundamentals.I'm guessing it jumped to fast and she grabbed a good 25% + in a 2 week span.It was a good call .She's probably back in.
granny,the breakout happened.Dec to now the stock doubled. Didn,\'t realize there was a 20% short position here.helpful
Another plus,this winter has been the toughest in years.There's going to be a large increase in fuel oil use .Pushing 7 seems very modest.I think Cramer was possibly short.
WTI crude rises as us supplies hit 22 mo. low.
"Crude supplies have tumbled 41.2 million barrels since Nov. 22, the largest 7 week decline in data since going back to 1982.""Stockpiles were forecast to drop 1.3 million barrels according to the median estimate of 11 analysts surveyed by Bloomberg."
Look for more momentum as Finerman on cnbc's fast money picked FRO yesterday.
She has the best record for long term on the panel.
All your ranting and raving points to you as a short bagholder.
No one wants to sell and you need to buy.
Yep,had a small position that went from 10 to 1.Never try to catch a falling knife.
Looks like I'm getting my fingers grafted back on.Lesson learned.