I'll let you go about your day but the economydepends on oil, it's about to wake up to the fact that it's destroyed the offshore deepwater supply chain.
RIG is the best managed with the most financial and operational leverage to the highly probable outcome of shortages. Oil is not something people can do without and your seeing the wise hands locking in RIGs even with oil at $70 in anticipation of what's coming.
Now let's say oil is $150 and we're having car less Tuesdays due to shortages like in the 1970s.
The world is short oil and at this point it's the dumbest trade in history. The US has drained it's Strategic Patroleum Reserve.
I've done very nicely with this, trimmed to diversify now that a few of the instos (see above) are finally figuring it out. I reckon it's still got a long ways to run though - at least 3 or 4x from $7 with plenty of volatility on the way.
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