Oil prices could come down again

Redagger029

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• Mar 13, 2015

• #1

http://fortune.com/2015/03/13/oil-is-back-in-the-doldrums-as-the-iea-warns-of-glut/

 

bigbet1234

Home of the Cincinnati Criminals.

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• #2

Hope so

 

8ate

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Crude has high inventory...

 

MikeB

Scottcarter was caught making out with Caitlin Jen

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• #4

8ate said:

Crude has high inventory...

Click to expand...

Need the refineries

 

Redagger029

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• #5

Price is around $2.19 a gallon here.

 

wilbur

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• #6

Redagger029 said:

Price is around $2.19 a gallon here.

Click to expand...

That's about whay my Linn Energy and Transocean stocks are at.

 

tanner12oz

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I've been tempted to buy rig and sdrl...thought I missed them last month and they are even lower then before

 

wilbur

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tanner12oz said:

I've been tempted to buy rig and sdrl...thought I missed them last month and they are even lower then before

Click to expand...

I bought some KMI and think it is at it's bottom.
RIG slashed its divvy from 75 cents a quarter to 15 cents.
Seadrill cut theirs completely.

If you've got 3-5 years to wait, like I do, they are cheap right now.

 

CoachCB

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Anyone following the fall of the Euro? It's at a 12 year low ($1.05). Last time I was in Europe (about 2+ years ago) it was around $1.39.

 

8ate

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USD$ is unbelievably strong..

 

HuskerFan1

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oil is going lower....stay away from RIG i wouldnt touch that stock with monopoly money, much better stuff to put your money into if you wanna gamble on oil or oil related stocks.

 

wilbur

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• #12

HuskerFan1 said:

oil is going lower....stay away from RIG i wouldnt touch that stock with monopoly money, much better stuff to put your money into if you wanna gamble on oil or oil related stocks.

Click to expand...

What you got???

KMI????

HAL??

 

Legend-I-Aint

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• #13

wilbur said:

What you got???

KMI????

HAL??

Click to expand...

Stone Energy

SGY

 

wilbur

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• #14

Legend-I-Aint said:

Stone Energy

SGY

Click to expand...

I'll check that out
I've had FGP for close to 20 years.
Always pays 50 cent div