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United States Oil Fund LP V.USO.RT


Primary Symbol: USO

The investment seeks the daily changes in percentage terms of its shares per share NAV to reflect the daily changes in percentage terms of the spot price of light, sweet crude oil delivered to Cushing, Oklahoma, as measured by the daily changes in the price of a specified short-term futures contract on light, sweet crude oil called the Benchmark Oil Futures Contract, plus interest earned on USOs collateral holdings, less USOs expenses. USO invests primarily in futures contracts for light, sweet crude oil, other types of crude oil, diesel-heating oil, gasoline, natural gas, and other petroleum-based fuels.


ARCA:USO - Post by User

Comment by RayTeeon Aug 18, 2015 3:59pm
68 Views
Post# 24029170

RE:RE:RE:RE:RE:proof

RE:RE:RE:RE:RE:proofYou are being overly negative.

the NDP government isnt the end of the world.

They more or less need to govern from the Centre if they want to get re elected.

I can see them adding some environmental regulation to the oilsands, and I'm ok with that as long as the change is a gradual one done over time.   

That being said, if the USO technology works I dont see why the NDP wouldnt want to give them every opportunity to develop in the Alberta Oilsands.   Cleaner technology with less pollution sounds good to everyone.

Anyhow, this is a USO board, not a politics board.   This is as far as I'd like to go on the political side of things.   Anyhow, things are looking bright.   if we can keep the environmentalists out of our site in utah, we'll do ok.
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