Investors: SeekingAlpha Concern About Recent Run-Up in Bakken Shares, or A Wake-Up Call?

Link here.

Three companies mentioned: KOG, SSN, and AXAS.

My hunch: continued volatility.

But the price of oil long term?

• Inflation.
• Weaker dollar.
• Continued unrest in the Middle East.  Even in "stable" Iraq, problems erupt.
• Supply/demand -- think China, India, US.

A memo from the President, Louisiana Oil and Gas Association: Mideast Turmoil: The Final Wakeup Call:

A wise person once defined insanity as doing the same thing over and over again and expecting different results. In the wake of civil unrest mounting in the Middle East and skyrocketing energy prices, it’s safe to say that our nation’s backward energy policy continues along the path of lunacy.