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re: Thoughts on RIG?

Posted on 2/1/15 at 7:23 pm to
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 2/1/15 at 7:23 pm to
They say to be greedy when everyone is fearful and that it is darkest just before sunrise, but man it's a tough outlook for drillers right now.

They will need a ~50% increase in oil prices before drilling budgets get expanded.
Posted by Hoyt
Alabama: The Beautiful
Member since Aug 2011
5396 posts
Posted on 2/1/15 at 7:24 pm to
Kind of what I was thinking... Just looking for confirmation... Blood in the streets so to speak and I'm tempted
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