GREY:TBTEF - Post by User
Comment by
talladega73on Dec 19, 2014 1:00pm
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Post# 23249522
RE:Someone is putting in a price floor of $0.80
RE:Someone is putting in a price floor of $0.80I agree ocean112 but unless we get an oil price back above $75 in the next 6 -12 months don't be surprised if a new round of dividend cuts start to appear. The whole oil industry and most governments are geared to higher oil prices. The only thing that could change my view are new oil drilling technology changes currently undiscovered.