Oil prices could come down again

[Redagger029]

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

 

[bigbet1234]

Hope so

 

[8ate]

Crude has high inventory...

 

[MikeB]

Crude has high inventory...

Need the refineries

 

[Redagger029]

Price is around $2.19 a gallon here.

 

[wilbur]

Price is around $2.19 a gallon here.

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

 

[tanner12oz]

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

 

[wilbur]

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

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]

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]

USD$ is unbelievably strong..

 

[HuskerFan1]

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]

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.

What you got???

KMI????

HAL??

 

[Legend-I-Aint]

What you got???

KMI????

HAL??

Stone Energy

SGY

 

[wilbur]

Stone Energy

SGY

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