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LGX Oil + Gas Inc ROAOF

Energy Oil & Gas E&P
LGX Oil & Gas Inc is a junior oil and gas company. The company is engaged in the acquisition, exploration, development, and production of oil and gas properties. Its projects are in Southern Alberta. The company invests in all types of energy business-related assets, including petroleum and natural gas-related assets, gathering, processing, and transportation assets located in Western Canada. LGX is dedicated to delivering growth in reserves and production for its investors through land acquisition, exploration, and development of oil and natural gas resources.


GREY:ROAOF - Post by User

LGX Oil + Gas Inc
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Comment by DaycareKid007on Oct 15, 2008 7:47pm
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Post# 15527757

RE: Oil Price by Year End

RE: Oil Price by Year EndWow what has Roger been smoking? Hehe..

Oh well if it happens it will be great for those invested in energy stocks. Inflation is indeed a problem coming around the corner as some analysts have forecast hyperinflation in the USA as early as 2010 which would send commodity prices to the nearest galaxy.  The USD will weaken in the next little while, but I am not sure if it will tank that fast. On the bright side in terms of demand it is said that the recent decline in Chinese oil consumption is temporary and will recover and increase by 400000 barrels per day in 2009 with GDP growth still abouve 8%.



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