G and J
OIP 11 Billion Barrells. The question is how low will oil go. Watch for consolidation in price and when reversal is confirmed then we should see a reversal in sp. Lot of producers not at breakeven now so will not stay this low for long. In the good old days we could get green days on a burp of info. Now it is all about the price of oil. JV super important too. If someone could post an oil chart that would be great.
Off for the Holidays so Merry Christmas and Happy New Year to the Nido crew and look forward to a nice recovery in 09.
G and JOIP 11 Billion Barrells. The question is how low will oil...
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