RE:RE:RE:RE:RE:Too Cheap to Pass onIt should be an interesting day. Biden is supposed to announce a 30M SPR release.
Basically the amount of crude that gulf shut in September from hurricane were offline.
Very silly...if USA wants cheaper energy prices they need a over 80 WTI band to stimulate drilling.
Lower oil prices is actually worse lol. Eventually over time higher oil would have lead to increased USA oil production.
No plan in the USA.
I can buy alittle OBE today as margin is squared up yesterday. Need to see how it looks.
GL today.
Mickey2 wrote: I agree...i see crude oil futures drop to about $72 a barrel...In essence, i'm waiting to pickup OBE in the low $4's
Kramerkarma wrote:
think there is cheaper in store for us.... sorry and yes I was buying last week ... just don't think it's peak fear yet...