With Saudi Arabia increasing production and the International Energy Agency having already put out some strategic reserves, it seems unlikely that supply can go up further. Keep in mind that EOG’s focus on oil over natural gas has been increasing recently, and this change looks like it will be beneficial.And much more at the link.
Wednesday, July 20, 2011
T. Boone Pickens Top 5 Energy Picks -- EOG Listed First -- Bakken, North Dakota, USA
Link here from SeekingAlpha.com.
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