I guess I'm not the only one inappropriately exuberant. I see oil is up nicely today, and back toward $90. The dollar is lower.
By the way, this echoes my sentiment, where I posted my thoughts on issues coming out of the Enercom Conference:
Whether the oil company has increased its Bakken acreage? Bakken acreage is expensive, so if they've increased Eagle Ford acreage, that might be a trade-off. The Niobrara, in 2011, is not a trade-off for the Bakken in 2011. Companies not increasing Bakken acreage concern me.
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