RE:RE:Consolidation Well said Pierre. !! That being said I feel we are going to move higher over the next 1 to 2 weeks.
Like you said , and I agree if oil WTI stay above 95 or close to it for a few more months debt will be so under control , won't matter if we go back to 80. I think if it did drop back to 70 or 80 in the last quarter 2022 and I don't see that but other than a large drop initially coinciding with the said drop in oil , once things settled down and a the smoke cleared we still end up at 15 plus.
I just see us this time next year trading comfortably above $20 if we see oil prices elevated above $95 for 12 more months. Debts gone imagine that ? I don't so I am going to agree we are $15 to $18. Even though things show no signs of changing with fundamentals , infact only more demand in sectors , I just can't believe oil stays elevated for that long. Lol. If it dies I will be doing the happy dance when I fill my truck up !! Like Eric Nutall.
lol