OTCPK:MAUXF - Post by User
Post by
Clairedon Dec 11, 2014 1:09pm
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Post# 23219919
Potential Long Term Advantages to Low Oil Prices
Potential Long Term Advantages to Low Oil PricesApparently Wall St is overselling on energy stocks due to low demand for oil. This woud be the perfect time to buy in. Analysts are concluding that ave $60 prices are expected over the medium term with $50 only over the short term. Also - will there be as much oil theft if they cannot retreive such a high price? Will this force Nigeria to really crack down on the oil theft because they are in a pinch for prices?
In addition - these oil prices are expected to weed out new producers and new entrants into the market. This means that when oil prices go back up, there will be less competition and more profits. Very confident that Mart with weather this storm and end up stronger 2-5 years from now.