RE:Please don't quote people likely to be on ignore.netbacks wrote: High ignore members like highrider2 and other disruptors and short sellers should be put on ignore.
IF you need to respond, please don't litter the discussions by requoting nonsense subject lines!
I would regenerate it such as:
Production is falling and consumption is increating. There is no glut since the total amount of suplus is a tiny fraction of the needs per day. One large conflict in the Persian Gulf can have a dramatic impact.
We know oil is going to a $50-$70 to be sustainable for capital market and well regeneration. What we don't know if what happens after that and within what timeframes.
come on now... these guys will still be pounding each other long after BTE is back to $40/share and the dividend is $2.88 again.