Am I to optimistic to think oil stocks will reach $70-$80 a barrel in the next 6 months?
Answer:
There is a conspiracy theory floating about that the Republicans have driven down the price of oil to help them through the election and after the election the price will go back up. It sounds rather far fetched to me, but stranger things have happened.
If the theory is correct, then about Nov. 6, we should see the price of oil begin to rebound.
Also there is a corrolary to that scenario. The price of other securities will drop after the election.
too optimistic. put all your money in cshd. Its a penny stock but has more of a chance to make big bucks for you if played right
God I hope so.I work in the oil industry & this will help to keep food on my table
lqmt.ob
Since they are at $57.00.
Yes.
yaap. coz reaching oil price from 70 to 80 in 6 months time means a great deal to world..especially for U.S. nobody wants to loose vote..even bush. so he will keep the price down.
I think you're dreaming if you think that's going to happen. Right now is a great time to buy oil and gas stocks. It's very low and will rebound some in the next while. To the person who said Bush will keep them down: If you knew anything about oil prices you would know that the USA has absolutely no control over them. They are completely insignificant in the oil industry. It's countries like Iraq, Saudi Arabia, and Venezuela that control the oil prices.
Oil stocks at $70 a barrel?
Not until gas reaches $3 each
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