Submitted by v10climbz t3_yhs505 in wallstreetbets
v10climbz OP t1_iufirtf wrote
Reply to comment by Crafty_Ranger_2917 in Diamondback Energy for the Win. (FANG) by v10climbz
Natural gas isn’t what this company specializes in. They specialize in light sweet crude oil. A warmer winter could actually keep oil prices higher due too more traveling from point a/b. I’m not as concerned about LNG prices all the models for this year predict oil to hover around 95$ a barrel. If oil falls bellow 75 a barrel this winter I’ll send you 100$ take the bet
Crafty_Ranger_2917 t1_iufjx1n wrote
Tempting bet! I don't think it'll fall that low but won't be surprised if it does from economy retraction with all this recession / fud talk. We'll probably have a much better idea within a couple weeks after elections.
v10climbz OP t1_iufkf2t wrote
If you want wanna take the bet let me know. It goes both ways. We can end the bet on Jan. 1st
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