Oil $200 a Barrel, page-26

Great article thanks Panda, i agree that the SPR release is like using your garden hose on the neighbors house that is on fire. Might slow it for a bit but the fundamentals are going to ensure that sh1t is burning to the ground..
IMO we may face an interesting conundrum late this year when one or several of the big dogs lay an offer on the table. Now they have pivoted to 80% WI on wells and with current and future O&G prices over $100 - 150 do BRK sell the cash machines for $$$$ or hold and keep making serious bank? As a SH obviously we are looking to share in the good times and all buy Lambo's so what's the best path forward for ROI betting that oil will stay in that range.. Can't wait to find out ; )

Hey i did get to cuddle a Panda cub at the sanctuary in Chengdu back in the day, was just like a stinky hairy fat kid on my knee but good fun ; )