RE:RE:If it doesant bounce off these levels..Hurting badly here on recent purchases as well. But still buying on the way down. Just bought a few at $5.46. Had to sell my CPG to make this buy.
RMP will be pumping out 10,000 boepd in March if all goes well. Indications from recent posts say that the new pipeline construction is moving along to support this. So this conflict in price/opportunity will balance and then go the other way at some point.
Sure, if oil dumps to $85, then all bets are off. But that is not what I am anticipating.
L6