GREY:WFREF - Post by User
Comment by
lessspikeon Aug 04, 2015 9:52am
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Post# 23986360
RE:RE:Debt problem solved
RE:RE:Debt problem solvedLong time shareholders won't come out of this well unless oil prices return to where they were when they bought their shares. It is still a reality that this is a very difficult oil price environment and the long term outlook isn't good. This company can do really well at $80 so in time, that might happen.
Nice to see oil up a buck today and nat gas up 6 cents though. I would expect nat gas will benefit from Obama's new rules over emissions. It will probably speed up coal fired power generation shut downs and replacements with gas fired plants.