Due to the issues in the middle east the worlds oil prices are gaining at a rapid pace.
In the event the city of Baghdad falls or the southern territories fall the surge in American Oil will be explosive.
The stock currently is in a out mode based off the upper indicators which I will not get into however the price which will continually rise of 38.853 and better will continually move the price of this company higher.
Yesterdays surge in volume will only be confirmed by today's crisis in Europe and Middle East will probably lead to a higher price for domestic oil due to the fact we import 30% of our oil from Iraq.
In the event the city of Baghdad falls or the southern territories fall the surge in American Oil will be explosive.
The stock currently is in a out mode based off the upper indicators which I will not get into however the price which will continually rise of 38.853 and better will continually move the price of this company higher.
Yesterdays surge in volume will only be confirmed by today's crisis in Europe and Middle East will probably lead to a higher price for domestic oil due to the fact we import 30% of our oil from Iraq.
