U.S. crude neared $105 a barrel on Wednesday after the export cartel OPEC decided not to raise output and data showed U.S. oil inventories had fallen sharply. Prices edged back to $104.39 in Asian trade, still more than a dollar above the earlier record mark.
The higher it goes the higher the price of gold will go and so will eventually ELK. The feasability on current strength, forecasts and projections are far too strong to ignore.
The oil tertiary sector is about to boom IMO and we are right smack bang in the middle of it.
