RE:RE:RE:RE:HOU or?Thnks Mezz.
I think you are right there is still downside risk and we should wait until the bottom gets defined. ($88.5 technically?).
Interesting that despite the anarchy in Libya that their shippable production just reached 630k per day. This is probably why that market is not responding much to the UAE strike.
Platts Libya Oil
I just can't see how this will last as Libya slides deeper into Civil War.
It seems like its hard to get good info on Libya right now. For instance there are now quite a few articles on the airstrike but none that I have seen say who they were actually going after.
As to discussing on this board that is my bad. However oil and gas are inextricably linked in N.A. Gas becoming a bigger and bigger by product of oil production. So I think that it is reasonable to have an oil discussion.
I like the smart and humorous people that we have here,. So this is a better place to discuss than the dead HNU board - if others are interested.
Cheers