http://www.ft.com/cms/s/0/e5e78778-a53f-11dd-b4f5-000077b07658.html?nclick_check=1
keep your chin up folks a turn around for Elk could happen very quickly
remember low volume collapses can turn into high volume explosions very very quickly
gas and oil assets on US soil are strategic
the oil price is a factor of the credit collapse and US Pres elections
oil product is falling at a gobsmacking 9% a year
add to this the oil producers wont will reduce production again if the price stays low
welcome to the world of volatility :)
http://www.ft.com/cms/s/0/e5e78778-a53f-11dd-b4f5-000077b07658.ht...
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