East West Petroleum Corp V.EW

Trumps speech.

[Steve12141214]

Anyone watch Trumps speech last night?

He mentioned $6-7 gas at the pumps due to Biden.  He mentions the US losing being the # 1 oil or gas producer because of Biden.  

he mentions how this benefits Russia not the US. 

Gazprom = Russia. 

Gazprom   NIS EW 

I have no clue what's happening inside EW but that Romanian Property is worth way more than EW and I only think that value is going to rise. 

just my opinion and I'll keep buying because I think oil and gas will rise and I believe NIS will turn up the volume when the time is right.

[rossivan]

On your comment of oil and gas rising, completely concur with you. People around the world are going gaga over green energy solutions but we have witnessed first hand that these do not work in cold climates. 80% of oil produced is used for purposes other than transportation. Now add to it the oil demand destruction that the government policies have caused and the ensuing production destruction

[LaneFreeman]

Trump's an idiot. -- Most of what he says is either made up out of thin air, or is an out and out lie.  Talk of $6-$7 gas is nothing but a scare tactic, and has no basis in reality.  Instilling fear can be an effective way to garner interest and votes, but in my opinion, in this case it's being used by a consummate conman trying to keep himself relevant and in the limelight

[jimwatsonnc]

I do expect the price of oil and gas to be rising.   main reason is underinvestment in exploration due to period of low prices. Also, the  high level of bankruptcies due to past leveraging of marginal properties is a factor in making both debt and equity financing tighter.  I am invested accordingly.  I believe there are still lots of bargains in the sector.  Not sure