Paul, my last post was about Nando's commentary, which I find completely baseless.
As far as your comments, you seem to have a rather black and white view of life imo. Stocks go up and down, your comment implies at the end of one cycle it is possible to conclude thats the end of the story and there is a right and wrong. Thats rather simplistic, naive thinking.
As for what was said 12 months ago, perhaps you should re-read what was said. Specifically, you said they would stop drilling and therefore oil production would decline. I said thats rubbish because oil companies dont stop drilling (unless they go bust) they're always drilling something to maintain or grow production, because all oil wells decline (even the Ghawar field in Saudi will decline eventually).
Cheers, Sharks.
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Paul, my last post was about Nando's commentary, which I find...
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