150 plusnext weekish or so.

spooooooooookie

I see has is going back up around here, but then again so are Covid cases so…

Might need to buy some more oil stocks

Just one more good hole.

NG is up to $8. Times are fixing to get good!

I honestly cannot believe that Europe actually has the stones for this. I am impressed if they go through with it but it will devastate their economies and the people will really suffer next winter.

Joe Biden is releasing 1 million barrels of our oil per day..............and sending it overseas

You have to pay the fiddler if you want to dance.

Glad you are enjoying the high price of gas.

What's drilling looking like out west? Booming?

Had nine new wells completed in two new formations(for us) and come into pay status in March.....they are rockin!!!

The formations are proven and the infrastructure is in place if they decide to start a new program east to west across the ranch.

And you base this on what?

A ton of drilling over this way. And this makes me question what the OP based his comment on. At the rate they're drilling and the fact that most drilling is now directional we're seeing big wells coming in and production increasing to the point it takes about 3 days now to get your oil hauled. Let me add that this is all private land production. I'm not seeing anything right now to keep the prices up. Just like we always do we'll drill until we can't afford to and then sit back and wait for the next round. We'll get the production up and the prices will go down and whoever is in the White House will lay claim to it, when in reality they had nothing to do with it. Sorry took of on a rant there!.

Back to the OP. We might see a small jump or two before it starts to fall below a 100 but I don't see the increase you suggest.

Oil that was bought by Trump...for US!

Crude oil demand in the US is 20 million bbls per day. Only a complete dumbasss would believe this political move by pedo Joe will have any impact on prices.

He is grabbing at straws just like E15. The dems are running scared with the mid term elections coming up.

'Got an app that shows activity on your own minerals, the area, etc. Last week there were 11 new rig notifications on or by our tiny little slice of Deep East Texas.

'Know it won't last forever, but...laissez les bons temps rouler!

So, tell us about this app.

MineraliQ. They contacted me. I didn't go lookin' for them. The operator/lease holder must have sold their list to them. They give you a current appraisal on your mineral interests too. Funny, it's way higher than the letters you get. Just...never...sell. Period.

Thanks.

Oil was $52 a barrel the day Biden took office!

It might be 0 if Putin goes nuclear......bwhahaha

That's about where it should be.

I personally don't think Biden controls the price of oil .

Well of course he doesn't. But he certainly impacts it.