placement, page-21

yeah my "oil price theory" is crazy, look at what happened last economic crisis, dropped from 130->40, guess where we were at end of feb, 128. another economic crisis this year or next and we could see low oil prices again.

Management would be prudent if they were thinking about this. Currently, we sell oil at approx 75$/barrel. You work out whether we should be capitalising on high oil prices or not.

and, as for volatility, oil price is actually pretty in tune with the DOW jones index and the S&P 500, so perhaps you just dont know what you're talking about?