Oil Will Bottom In 3 Weeks: A Comprehensive Analysis Of Domestic Oil Production - The United States Oil ETF, LP (NYSEARCA:USO) | Seeking Alpha
This is a very good article about how to figure oil production rises and declines. As you know, production has been rising while drilling rigs have dramatically fallen. This situation will not last much longer, and the author gave great illustrations to show why oil and natural gas prices will soon turn around. I am long UGAZ and plan to buy more. I also plan to buy GST and EGY. In fact, insiders have already loaded up on EGY near the current $3 price. In addition, I own SD and MDR, too. It is only a matter of months before my investments pay off.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment