Lightstream Resources Ltd. LSTMF

RE:4.4M barrel decline?

[whitehorn1]

orlandofl, eventually there will be a turn around in oil. The big question how long oil remains below 50 dollars. The longer at depressed levels, it benefits Saudi Arabia as many companies will go under and they know that and another year will severely hurt many companies. The flip side, Saudis social programs need higher oil and they can't keep these low levels forever. As mentioned the state of Texas has a GDP twice that of Saudi Arabia, and Texas has more income generators in their economy. Anyways, very gloomy in the oil industry. Many boom bust cycle over the years.