Equities vs WTIFor the last few months O&G equities have held up very well as the WTI price has collapsed. This has started to fade a bit in the last week or so. I believe the reason has to do with the impending Rail strike which could limit transport of crude. With legislation to avoid a strike, things should return to a more positive outlook. O&G P/E's are still way lower than virtually any other sector. Interesting what effect the cap on Russian price will be...I can't get a handle on what this will be