andy bee
If WPL (and others) are so smart why didn't they foresee the global oil price crash?
You say " i think wpl has been around long enough to know what they are doing during this bit of a turndown and i for one will be loading up to take advantage"
"doing during this bit of a turndown".
And what makes you think it will be temporary? The US Shale guys have put a permanent cap on the price of oil: they are relatively small, nimble operators who can restart production literally with weeks one the price gets back to profitable levels (say) $70. Their drilling/fracturing techniques are improving all the time
The global oil price drop may last for the next couple ...
news.stanford.edu/news/2015/march/oil-prices-wolak-033015.html
Mar 30, 2015 - Factors such as domestic oil production, improved technologies and declining ... from a shale oil or gas resource, the continual drilling of new wells is necessary.
The Perfect Storm for Oil, page-43
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