JCoure
I'm not bearish? How do you figure that? I think T Boone Pickens knows what is happening and he is quite bullish over the relatively short term.
US oil producers can't keep drilling at $45 oil: Pickens
www.cnbc.com/id/102364314
Jan 23, 2015 - Energy tycoon Boone Pickens predicted Friday that oil prices would be back near $70 or $80 a barrel by the fourth quarter of this year.
What I do believe is that the days of electric vehicle are just around the corner (5 yrs?) and you wouldn't want to be in OIL in the longer term. Of course they might start making our electric cars out of plastic and that would require oil.
On another matter that could affect Santos.
Apache still in talks on sale of Australian business
www.smh.com.au › BusinessDay › Mining and Resources
1 day ago - US oil company Apache is keenly pursuing the sale of its remaining Australian oil ... the planned spin-off of other international assets after the slump in crude prices. ... the attention of a Macquarie-advised group including Brookfield and Alcoa.
JCoure I'm not bearish? How do you figure that? I think T Boone...
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