Buffett is not concerned of lowering oil price. Why should anybody.
No surprise, please! my pay check in coming in nest Friday.
NG for transport a sure thing. It was Ford NG truck before. Here comes GM NG car.
Would you share with us where you get the number for short position. According to Bank of A SD short position: 46,371,700Shares Short 9.45%Short Interest(%) I don't know when they update
I sold 300 sh two weeks ago. I don't have guts to add more. Luckly, I only sold 1/5 of my shares.
for not releasing the news of a new contract and the positive earning report to ADR holders in anticipation of today's release of ADR delisting. Looking at its recent trading volume, I decided to keep my few thousand ADRs including 500 bought @$3.15 days ago. It could be 1000 shares more. Not proud of an "investor" in OE of 18 years.
According to Forbes, Texas' oil production represents approximately 30 percent of the total United States output; that number reached 34.5 percent in May when the Lone Star State averaged 2.525 million barrels per day, the highest daily output for the state since April 1982. By the end of the year daily oil production for Texas is expected to exceed 3 million barrels per day.
Texas is also a stellar producer of natural gas, accounting for just over 27 percent of U.S. production in May. If Texas were a country, it would rank No. 3 among all nations in natural gas production, behind Russia and the other 49 U.S. states.
Spurring the booming production numbers is the fact that Texas has 832 drilling rigs, almost 50 percent of all land rigs in the U.S., and fully 25 percent of all rigs working across the globe.