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I am largely out of STO and keeping my IP in house. It's no...

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  1. croasian
    2,211 Posts.
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    22/05/18
    18:52
    Post #: 33257593
    I am largely out of STO and keeping my IP in house.

    It's no secret though that U.S tight oil cannot supply the market at $50-60 per barrel as there simply isn't enough of it.

    The information on what reserves there are at which prices is widely available. It needs account for the VIX.

    It proved a valuable narrative when not widely accepted but now that people are agreeing with me I am off pursuing different game.

    Oil and gas is a terrible industry to be in. Not only are you raping the climate and the pillaga but returns are rubbish.
    Last edited by croasian: 22/05/18
    STO Price at posting: $6.44 Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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