price

[mkarpoff]

Do you expect oil to keep flopping around the low $50s for awhile? Will it take improved Q4 numbers to move the needle now?

[dan_s]

Susan & I are on vacation this week. Just checking in from Grand Caymon today.

Yes, I do expect WTI to flop around in the low $50s until we see proof that OPEC members are going to comply with their agreement. Falling OECD inventories will also help.

I will be back at my desk on Monday, December 12.

I will be in Dallas on Wednesday , December 14 for our luncheon.