Originally Posted by Fairplay
Another thought Donger, one in which I will let you give your thoughts and opinion is that with Obama not okaying the pipeline from Canada through the U.S. he may have in fact allowed the cause of so much drilling lately domestically and mistakenly helped America not hurt it.
What do you think?
Companies only drill when they can make money doing it. I really don't see the logic behind Obama not green lighting Keystone and increased domestic drilling.
If crude drops to $60 or $70, you'll see a lot of that increased domestic production grind to a halt.