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United States Oil Fund LP V.USO.RT


Primary Symbol: USO

The investment seeks the daily changes in percentage terms of its shares per share NAV to reflect the daily changes in percentage terms of the spot price of light, sweet crude oil delivered to Cushing, Oklahoma, as measured by the daily changes in the price of a specified short-term futures contract on light, sweet crude oil called the Benchmark Oil Futures Contract, plus interest earned on USOs collateral holdings, less USOs expenses. USO invests primarily in futures contracts for light, sweet crude oil, other types of crude oil, diesel-heating oil, gasoline, natural gas, and other petroleum-based fuels.


ARCA:USO - Post by User

Comment by jethro549on Oct 07, 2016 12:40pm
95 Views
Post# 25323069

RE:RE:hopefully double digit $10 in the near future nice

RE:RE:hopefully double digit $10 in the near future nicehe's an idiot. ignore him. the stck will be rolled back to 20 million shares out or so, the technology once proven efficient and highly economicl will make the company and the upside is massive. those are the hard facts. In an oil industry desperate to lower costs, desperate to extract very diffifult heavy bitumen, desperate to extract previously unreachable reserves you invest in USO because they have spent 100 M$ plus figuring out exactly how to SUPPLY an industry NEED. forget these pie in the sky pumper predictions. Invest in USO because you belive in what hey are doing. Providing an environmentally sound, cheaper, faster technolgy for extracting bitumen. Pretty simple. 
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