oil perspective
We have a flood of oil now - but - and it's a big one - the environmental carbon factor attached to the oil sands will make this a huge risk going forward - fracking in the USA will come under huge pressure due to the 96 million gallons of water per well that is used to facilitate operations - on top of that you have the ground water pollution concerns - large truck sales in the US have risen dramatically the pigs are once again at the trough - the middle east is a political mess - what does this all say - that Ithaca being a brent crude producer with a minimum carbon factor in a stable area of the world with almost all things in place is a solid pick going forward - I have held this and added when low and will continue to hold.