GREY:TBTEF - Post by User
Comment by
Papagalloon Jul 30, 2015 5:52pm
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Post# 23977749
RE:RE:RE:Is it looking Good?
RE:RE:RE:Is it looking Good?Only thing that is certain is further volatility because Iran is no slam dunk. In fact, Iran deal could easily fall apart as it becomes a hot button issue with U.S. electorate. Oil majors all cutting capex, Saudi's hurting, political instability, expanding wars in Middle East, new oil sands projects delayed or shelved, high shale decline rates not showing up yet, none of these catalysts are baked in. T. Boone been around a lot longer than than talking heads....his call for $70 by year end seems realistic as production declines intersect with demand increases.