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NORTHERN BLIZZARD RESOURCES INC T.NBZ

"Northern Blizzard Resources Inc is engaged in the exploration, acquisition, development and production of petroleum and natural gas reserves in western Canada."


TSX:NBZ - Post by User

Post by TonyDjon Aug 01, 2016 2:54pm
100 Views
Post# 25100640

The Lower the Better under $40 WTI

The Lower the Better under $40 WTIThe Cure for lower oil prices is lower oil prices. This is seasonal.Growth is still strong and the Saudis      are rapidly drawing down their piggybank when oil was $100. They misjudged and will now feel the pain. The US can print money unlimited. They are in a pickle and will not be able to hang on.Layoffs by the tens of thousands in Saudi.Futures market easy to manipulate lower. You have to pick good oil stocks with very little debt. This is one of them.By year end prices will be higher.
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