KM, appreciate the work below. We just need to ad
Post# of 43064
Posted On: 01/10/2015 8:00:34 AM
KM, appreciate the work below. We just need to adjust our thinking on margins and the time line.
Regarding oil prices, here's a good article showing the current supply-demand analysis:
http://srsroccoreport.com/record-global-oil-d...co+Report)
Given the beat-down in unconventional oil and the great disparity between decline rates, costs, and debt to the ever-declining yet much cheaper conventional plays - and the continually increasing world-wide demand as the chart illustrates - we should see a recovery pretty soon. Anyone making purchases like this would likely have a grasp of this - or we count on them being responsible, as you point out.
Regarding oil prices, here's a good article showing the current supply-demand analysis:
http://srsroccoreport.com/record-global-oil-d...co+Report)
Given the beat-down in unconventional oil and the great disparity between decline rates, costs, and debt to the ever-declining yet much cheaper conventional plays - and the continually increasing world-wide demand as the chart illustrates - we should see a recovery pretty soon. Anyone making purchases like this would likely have a grasp of this - or we count on them being responsible, as you point out.
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