Thursday, March 31, 2011

The Good Times Continue In Our Business

Two years ago, we were all wondering if we should get into a different line of work.  These days the "boom" is back.  While natural gas prices stay relatively low, as of this morning the NYMEX Crude Price was at $106 a barrel.  Moreover, money is increasingly available to fund upstream activities.  Check out this article:   Banks today 'very hungry' to lend...  One interesting statement from the article, "We haven't seen this much liquidity in the system, maybe ever, but surely for a very long time."

Drill baby, drill!




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