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The Water Cooler
General Discussion
Are low oil prices helping or hurting you?
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<blockquote data-quote="Wheel Gun" data-source="post: 2779360" data-attributes="member: 19286"><p>Oil stocks are definitely on sale right now. I just bought more XOM and OXY. Sadly, there's no reason to believe that this will correct any time soon. The opportunity for a "V" or "U" recovery are gone. I now suspect that we'll see $30-$40 WTI until the presidential election. It's sucks for the industry and for Oklahoma.</p></blockquote><p></p>
[QUOTE="Wheel Gun, post: 2779360, member: 19286"] Oil stocks are definitely on sale right now. I just bought more XOM and OXY. Sadly, there's no reason to believe that this will correct any time soon. The opportunity for a "V" or "U" recovery are gone. I now suspect that we'll see $30-$40 WTI until the presidential election. It's sucks for the industry and for Oklahoma. [/QUOTE]
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