RE:RE:RE:RE:RE:An observation today....
WTI is at $54 and climbing. With the Saudi Arabia Oil Minister now saying they will now cut over their quota in January and Non-Opec agreeing to cut almost 600k to further balance the oil market, some analysts are now calling oil in the $60's by Q1 2017. We will see how high prices need to go for Hamilton Lake wells to be economic indeed. https://www.barrons.com/articles/BL-AFUNDSB-7980 https://www.bloomberg.com/news/articles/2016-12-11/oil-seen-headed-to-60-after-saudis-signal-deeper-output-cuts