SP to lowest since 2011, page-16

1982,
If you look at the oil charts you will see that the price of both WTI and Brent started falling in late June. SXY had been trading reasonably at about 73 cents at the time .WTI was $102 and Brent was about $110. These prices had been holding steady for quite a while. The fall in oil started in June. Not October. The fall in sp is about the oil price fall. Nothing to do with their gas.

I have faith in Senex and so do their major shareholders. The price of oil will rise and so will Senex.

But the future is all about gas. $100 oil is too expensive.

Have a read of Chrysalis's treatise on the oil and gas site. Very very interesting. Fantastic and frightening. Gas is the future and SXY are well placed.