Oil Price - beyond the next few months

[dan_s]

“Everybody is looking at the end of their nose,” worried about whether the OPEC nations will be able to hold their production cuts, he says. This totally misses the bigger story of how world oil demand is now growing so fast that we’ll need an incremental 5 million bpd by 2021 just to balance the markets." - Mark Papa

http://www.forbes.com/sites/christopher ... 2a62b56aea


I plan to take a hard look at CDEV in March when I have time to review their Q4 results and reserve report.