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re: Thoughts on the Oil & Gas sector

Posted on 6/30/17 at 3:55 pm to
Posted by barry
Location, Location, Location
Member since Aug 2006
50358 posts
Posted on 6/30/17 at 3:55 pm to
quote:

The Permian is going to have us low for long...I see it touched $46 today, but I'm bracing for a move back to $40.


This, I just can't see oil demand spiking without some sort of blackswan event. I'd be more bullish long term (5 years) with LNG exportation coming online over the next few years.
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