North Dakota's February oil production fell 15,000 barrels per day versus January's output, monthly data from the state showed on Tuesday, though the number of producing wells hit a record high.
The North Dakota report arrived a day after the U.S. Energy Information Administration said it expected U.S. shale production to fall by 45,000 bpd to 4.98 million bpd in May, which would be the first monthly decline in four years.
Also don't forget Middle East tension especially Yemen could further decrease oil production and OPEC is showing a bit of weakness. Just today the Iranian Oil Minister, Bijan Zanganeh was quoted as saying, "OPEC should cut its target daily production of oil by at least 5 percent, or approximately 1.5 million barrels." The June meeting could be interesting.
The current distribution pays over 10% which is very attractive to new investment. Let the past go, as long as Line executes it's new business model of acquiring distressed property while keeping debt down and increasing cash flow per unit the stock will rise again. New investors don't look in the rear view mirror like you do.
I found it on Fido. I see with the purchase he only has 40,000 shares. No other activity though!
03/11/2015 WELCH, JAMIE Chief Financial Officer Buy 20,000 $54.97 1.1M 40,000
Hypocristian, go to confession on Saturday and church on Sunday and spread hate and anger the rest of the time. Rinse and repeat, how convenient.
Yes grand wizard we would be better off going back to losing 800 THOUSAND jobs every month instead of adding 200 THOUSAND. How well did the economy perform when gas prices were low during most of the Bush term? Maybe you should throw some of the blame in the direction of Congress who took that oath saying they would not help Obama accomplish ANYTHING!
Get a life CREEP, Line is hedged approximately 100 percent on expected natural gas production in 2015, 2016 and 2017. Oil production is hedged approximately 70 percent in 2015 and approximately 65 percent in 2016. I think Duh is a good name for you, btw what happened to that $20 oil prediction.
That was said in jest. One of my best friends who I've known for 40 years is Jewish and I can't imagine ever saying anything that would hurt or shame him or his family. My remark was made because a couple of idiots, who are probably the same person referenced me as being anti-Semite because I posted an article talking about Republicans being bought by pro Israeli donors. I tried to respond to the comment but Yahoo won't let me, oh well such is life.
Thanks hypocrite, you will be doing me a favor. Please take your hateful rhetoric to the Fox or Rush Dumbo board where it will be more appreciated.
No I don't and it appears Kaminsky seems over it as well. Do you think both remarks are equal in hate? The Kentucky player said, "F--- that n----" after a question about Kaminsky was directed to UK forward Karl-Anthony Towns.
Donald Sterling said, "It bothers me a lot that you want to broadcast that you're associating with black people", and, "You can sleep with [black people]. You can bring them in, you can do whatever you want", but "the little I ask you is ... not to bring them to my games".
Be careful go5, one of the wacko's is liable to label you an " anti-Semite".
" The conversation is over because I say it is over."
Spoken like a spoiled brat, are you going to take your ball now so no one else can play?
"Obama/Kerry Iran 'agreement' is completely irrational.
Even allowing the idea to circulate, unchallenged, that Obama will go to the UN rather than our Congress for 'approval' is anti-Constitutional and undemocratic."
Your hatred for our President and other Democratic officials IS "anti-Constitutional and undemocratic."
Once again you post misinformation as well, to support your agenda. Besides " Obama/Kerry" there were FIVE other countries involved in the process, Russia, China, France, Germany and Great Britain, but you knew that. The 47 Republican Senators who tried to undermine the negotiations before they even started combined with a Congress that has tried to undermine everything the President has tried to accomplish throughout his ENTIRE presidency should give you a clue as to why the negotiations were handled the way they were. Nothing has been finalized yet and eventually Congress and Senate will be involved until then continue with your baseless rhetoric and gobbledygook.
GP, the fake Opie is here just to instigate and play mind games. One alias after another trying to get a rise for their own sick entertainment. I just keep putting all of the creeps aliases on ignore.
Another fake post from the coward who who thinks masquerading as someone else is cute. I think CREEPY is a better word for you so onto ignoreland you go where you can keep your other multiple aliases company.